The total U.S. economic impact from marijuana sales in 2022 is expected to reach $99 billion – up more than 20% from last year – and upwards of $155 billion in 2026, according to analysis from the newly published MJBiz Factbook.
To measure the industry’s economic impact, the MJBizDaily data team analyzed similar industries, consulted with economists and applied a standard multiplier of 2.8 on projected recreational and medical marijuana retail sales….
The industry encompasses agricultural, manufacturing and retail activity. But, in some markets, it also includes events and hospitality, which tend to have even higher economic impact than other industries….
That impact comes directly from the day-to-day needs of workers in the cannabis industry, including spending on life’s necessities such as housing, transportation, entertainment and more.”
https://mjbizdaily.com/marijuana-industry-will-add-nearly-100-billion-to-us-economy-in-2022/
#cannabisnews – “The whole town of Nipton, CA has once again been sold, according to the realtor who represented the property. Many of the sale details are not yet being made public including the price. 8 News Now has been able to confirm it was bought by a group out of Las Vegas.”
#californiacannabis – “National City council members last week relieved the police department of conducting background checks on cannabis businesses seeking permits, instead opting to have the state handle the process…..
“One way to look at it is that just to get approval to run the live scans is going to take a year. After that, we could make appointments to do those live scans and then wait for the live scan results,” said Gamwell. “So now, when the applicant is preliminarily approved at the local level and they apply at the state, however long the state takes to do those approvals is our new timeline.””
The data also shows that that more than 61% of the people the sheriff referred for prosecution for violations of the water ordinance were Asian American. Only 8% were white, though white people comprise 75% of the county’s population.
“Based on the records produced by the county, it appears the sheriff rarely ever refers white people to the district attorney for violating the water transportation ordinance or water extraction ordinance,” the groups said in a brief filed with a federal court…..
“It is across the board,” he said. “All the data we’ve examined thus far indicates the targeting of the Asian community and the Hmong community.””
The board will meet beginning at 9 a.m. Tuesday, April 12, in the board chambers on the first floor of the Lake County Courthouse, 255 N. Forbes St., Lakeport.”
Law Office of Dale Schafer 