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Protests Flare in Georgia After Cultivation Licenses Are Awarded

Veriheal

The state recently awarded cultivation licenses to six growers, all of whom are expected to launch their businesses in the next few months. Class 1 permits allow growers to cultivate the plant over 100,000 square feet of space. Class 2 licenses allow growers to cultivate the plant over 50,000 square feet of space.

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Cannabis Banking: All Businesses are Marijuana Related Businesses

Canna Law Blog

businesses are marijuana related businesses (MRBs). The closest we have to a federal framework is from this 2018 SBA Policy Notice , which categorizes MRBs as “direct”, “indirect”, and “hemp-related businesses.” Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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A Farmer Turns to Cannabis Cultivation for Survival

Veriheal

According to VnExpress International, Phung relocated from the Mekong Delta to Dak Lak in 2015 to grow and sell produce. To grow the new business even further, he built two greenhouses and a watering and lighting system. Phung is definitely not the first Vietnamese farmer to turn to illegal cannabis cultivation out of desperation.

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nuEra Cannabis becomes vertically integrated

Illinois News Joint

The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Ieso holds one of only 20 full-scale cultivation licenses in the state. Earlier this month, nuEra Cannabis announced the company had become vertically integrated with its new acquisition.

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Connecticut’s ‘Cannapreneurs’ Can Now Apply for Recreational Cannabis Business Licenses

Veriheal

Since Connecticut lawmakers embraced Senate Bill 1201 in June 2021, wannabe cannabis business owners have been eagerly waiting to get involved in the fresh adult-use (recreational) market. Fortunately for retailers and cultivators — two available business license types — the wait is over. Micro-cultivator : Feb.

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Indigenous Innovation in the Minnesota Cannabis Industry

Canna Law Blog

Meanwhile, groups such as the Indigenous Cannabis Industry Association underscore the blend of business savvy and creativity Indigenous people bring to the industry. This 50,000 square-foot facility represents a significant investment in cannabis cultivation, and will likely provide considerable economic benefits to the region.

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Does Involvement in the Cannabis Industry Preclude Your Business From Bankruptcy Protection?

Cannabis Law Report

Despite the growing public acceptance of marijuana and the fact that a majority of states have legalized marijuana for medicinal purposes (37 states and the District of Columbia have enacted medical marijuana legislation), federal law still treats marijuana cultivation and sale as a criminal offense. See 21 U.S.C. § 801, et seq.