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The Top Four Risks for Cannabis Businesses and Investors in 2024

Canna Law Blog

2024 is going to be a crazy year for cannabis businesses and investors. Among many other things, there will be a general election, possible rescheduling to Schedule III of the Controlled Substances Act (CSA), an upcoming Farm Bill that could re-tool how hemp and hemp products are regulated, and maybe even some federal cannabis legislation.

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Rep. Ford introduces Consumable Hemp Licensing bill

Illinois News Joint

La Shawn Ford to introduce a new bill for regulating hemp and delta-8 products. Last week, Ford introduced House Bill 4161 , the Consumable Hemp Licensing bill, which focuses mainly on permits, licensing, testing, taxes, and a new special fund known as the Hemp Social Equity Fund. 24-26 and Nov.

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Hawaii Looking To Relax Some Hemp Rules With Proposed Legislation

Cannabis Law Report

Hemp Grower reports. A new hemp bill moving through Hawaii is aiming to reduce some of the state’s more onerous regulations that growers say have stifled the industry’s potential. Senate Bill 2986 would aim to “eliminate double regulation of hemp production” that exists in the state, according to the bill text.

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Academic Cannabis Conference sets presenter schedule

Illinois News Joint

Warren will be speaking about advancing cannabinoid education and logistics with interest in fostering understanding and promoting efficient systems within the cannabinoid industry and believes a joint effort on cannabinoids through education is essential. student in Lee Lab and has been doing research on hemp plants since 2022.

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New York May Soon Let Hemp Licensees Grow Cannabis

Canna Law Blog

Why New York wants to let hemp licensees cultivate and process cannabis. New York hemp licensees can cultivate, process, and distribute with the cultivator license. a temporary conditional adult-use processor license to process and distribute cannabis products.

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Foley Hoag: New York Lawmakers Approve Bill to Provide Conditional Adult-use Cultivator and Processor Licenses

Cannabis Law Report

Last week, the New York Senate and Assembly approved Senate Bill S8084A , a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses. Conditional Adult-Use Cultivator License. Below is a summary of the key terms and requirements of these new licenses.

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New Report Forecasts $40B Global Cannabis Market by 2024

Cannabis Law Report

40B in sales by 2024. billion by 2024, up from $517 million last year, BDS and Arcview said. cannabinoid market is expected to soar, helped by a number of developments, such as the legalization of hemp via the 2018 Farm Bill. — which includes hemp-derived CBD — will reach $44.8 billion by 2024.