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The Week in Weed: January 5, 2024

The Blunt Truth

Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. There’s an update on Alabama’s medical cannabis licensing program (meet the new year; same as the old year). The DEA is conducting a review of cannabis scheduling. million in taxes and fees.

DEA 52
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nuEra Cannabis becomes vertically integrated

Illinois News Joint

Ieso holds one of only 20 full-scale cultivation licenses in the state. As part of the acquisition process, nuEra has been working with the Ieso team to revamp cultivar selection, cultivation practices, and sales and marketing strategies at the facility since early 2023. NuEra closed on the acquisition of the Illinois brand Ieso.

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Trulieve Deposits Another $5 Million Into Florida 2024 Initiative Says Cannabis Business Times

Cannabis Law Report

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline. 23 to circulate the petition.

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Missouri Tops $1.3 Billion in First Year of Recreational Sales

Canna Law Blog

Within the first month of 2024, the total amount of all-time cannabis sales in Missouri easily surpassed $2 billion. First, the licensing and operating costs for a compliant dispensary or cultivation facility are far more affordable than other states. Going into 2024, Missouri will remain a state worth watching.

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Virginia’s Adult-Use Cannabis Program Takes a Hit

Veriheal

1, 2024 launch date for its first-ever retail sales. In preparation, the CCA established a framework for cannabis business licensing, cultivation, manufacturing, distribution, testing, and adult-use retail sales that would be regulated by a newly formed Cannabis Control Authority. recreational) state, with a Jan.

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5 Things to Watch in the Cannabis Industry in 2023

MJ Business Attorneys

Voters in five states were asked to consider legalizing adult-use cannabis and two states, Missouri and Maryland, voted to approve implementing adult-use cannabis programs. Missouri voters approved Amendment 3 which established the State’s adult-use cannabis program on November 4, 2022. Growth in Cultivation & Production.

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You Own a Cannabis Business? 6 Packaging Trends in 2024

The Joint Blog

As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition. In 2024, sustainable packaging is not just a buzzword; it’s a business imperative. Personalized packaging goes beyond aesthetics; it cultivates brand loyalty and enhances recognition.