Nearly half a million dollars of unapproved vaping products were confiscated by customs officers before they could get into Metro Atlanta stores and into your hands.
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Philip Morris International Inc. (PMI) (NYSE: PM) is calling for public and private representatives to jointly combat illicit trade as a new report produced by KPMG was released on the consumption and flows of illicit cigarettes in 30 European countries—the 27 European Union (EU) member states, as well as U.K., Norway and Switzerland. The study estimates that, while total cigarette consumption continues to decline, the share of illicit cigarettes increased by one half of a percentage point to 7.8% of total consumption in 2020, reaching 34.2 billion cigarettes consumed across the EU 27 member states (EU27). The increase of illicit cigarettes—which consist of contraband, counterfeit, and illicit whites—was driven by an unprecedented 87% surge in counterfeit consumption. The tax loss for governments in the EU27 now amounts to approximately €8.5 billion.
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June 23, 2021
After Connecticut legalizes marijuana, only 2 New England states now prohibit cannabis
After Connecticut Gov. Ned Lamont signed the state legislature's bill legalizing recreational marijuana on Tuesday, eyes are now on Rhode Island and New Hampshire as the final holdouts in New England to legalize cannabis.
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June 23, 2021
Rhode Island Senate Approves Marijuana Legalization Bill
In a historic move, the Rhode Island Senate passed a bill Tuesday night that would legalize recreational marijuana use in the state. The vote marked the first time such a bill reached the floor of either legislative chamber in the state.
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June 23, 2021
NC Medical Marijuana Legalization Gets Hearing in Senate
A bipartisan effort to legalize marijuana for medical use in North Carolina has received a legislative committee hearing.
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June 22, 2021
Marijuana legalization has won
Marijuana legalization is sweeping states from Connecticut to New Mexico. The writing is on the wall.
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June 21, 2021
Black farmers get priority as Florida prepares to issue new medical marijuana licenses
A Black farmer with ties to doing business in Florida will be at the head of the line for a long-awaited batch of medical-marijuana licenses in an application process that state health officials will launch soon, senior aides to Gov. Ron DeSantis said.
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June 21, 2021
Cannabis Legalization and Racial Justice
Earlier this year, New York passed legislation legalizing the adult use of cannabis. New Yorkers can now legally possess three ounces for any use, and can smoke marijuana in any publically-designed area where tobacco smoking is allowed, although home cultivation is still not permitted. Importantly, certain convictions – possessing up to 16 ounces or selling up to 25 grams of marijuana – will be automatically expunged from criminal records.
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Despite disagreements on how anticipated tax receipts from the sale of legal marijuana should be used, an ordinance on the matter is expected to go to second reading in July, clearing the way for the implementation of the tax.
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Did you know in two weeks marijuana laws in Virginia will change? It will be legal for adults to smoke some and grow some. Starting July 1st, people in Virginia can smoke marijuana in the privacy of their home, but it will still be illegal to do that in a public space. It is also still banned on school property and in vehicles.
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