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Cannabis Report FY2024 (IDOA portion)

Illinois News Joint

Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. IDOA updates and initiatives for FY2024 include: State cannabis testing laboratory is projected to become operational prior to the end of calendar year 2024. Hemp Rules on second notice to be approved by end of 2024.

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Ayr Wellness to sell four Illinois dispensaries

Illinois News Joint

Ayr President George DeNardo said Thursday during the companys fourth-quarter and full-year 2024 earnings call that Ayr will prioritize other markets to make sure it can deliver for its other business and stated that the company doesnt have the necessary scale in Illinois to compete over the long term, Green Market Report reported.

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Illinois News Joint expanding services in 2024

Illinois News Joint

For 2024, we have added more advertising options, new services, and updated our logos and website. November 2019, during a meeting at Flesor’s Candy Kitchen (a central Illinois gem), our web designer agreed to create an Illinois News Joint website. A month later, the premiere resource for the Illinois cannabis industry was born.

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How a Lawyer Can Aid Cannabis Entrepreneurs in Starting and Growing their Business

Connor & Connor PLLC

A lawyer can help you navigate these municipal regulations, securing the appropriate land use approvals and preventing costly disputes with property owners or local authorities (Cannabis and Psychedelics Law, 2024). Cannabis Consumption Area License: For businesses offering spaces for legal consumption of cannabis. References: Wathne, O.

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Florida’s Cannabis and Hemp Landscape: Key Regulatory Changes to Watch

Canna Law Blog

This new effort follows a similar initiative placed before voters in 2024, Amendment 3 , which fell short of the 60% threshold it needed to pass. SB 546: Home cultivation for medical marijuana patients Senate Bill 546 proposes allowing registered medical marijuana patients in Florida to cultivate cannabis at home.

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Illinois gives Second Notice for Industrial Hemp Act amendments

Illinois News Joint

12, 2024, meeting in Springfield. percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. These rulemakings will be considered at the Nov. Samples that test higher than 0.3

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Illinois yearly medical cannabis sales drop for third year

Illinois News Joint

For 2024, retail sales by licensed medical cannabis dispensaries finished at $285,059,601.92. The 2024 totals continued a 3-year downward trend for yearly totals, dropping below $300 million for the first time since 2019. The 2024 totals dropped nearly $40 millions from the 2023 totals of $324,792,664.73. February: $24,427,904.62

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