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Licensing Bill Moves New York Closer To Recreational Cannabis Sales

Cannabis Law Report

Kathy Hochul signed legislation creating a conditional cultivation and processing adult-use licensing structure. Sitting on her desk for only four days before being signed into law, the bill represents a significant step forward towards recreational cannabis sales in NY.

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Virginia Governor Calls for Amendments to Restriction Bill That Protects Patient Access to CBD Products

Veriheal

Glenn Youngkin has publicly declared legislative changes that could result in a major reduction in high-inducing hemp-derived products that have been largely unregulated in Virginia. However, hemp industry members have prompted Gov. The total THC concentration was also increased to 0.3%.

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U.S. Cannabis Legalization Update: Who’s Still Waiting and Who May Legalize

Veriheal

states and the District of Columbia currently have legal cannabis, medical or recreational. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. Kansas Kansas prohibits cannabis use for both medical and recreational purposes. Like Idaho, CBD with less than.3%

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New Mexico and Virginia Legalize Cannabis for Recreational Use

The Blunt Truth

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia Recreational Cannabis Law. Retail sales will not begin until January 1, 2024.

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Minnesota Cannabis? You Betcha!

Canna Law Blog

Governor Tim Walz is expected to sign the bill soon (and may in fact have done so by the time this post goes live), making Minnesota the 23rd state (plus DC, Guam, the Marianas, and the Virgin Islands) to legalize recreational cannabis. All in all, insiders do not expect adult-use legal sales to start until summer to fall of 2024.

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In Case You Missed It: Key Marijuana Law Developments in 2022

The Blunt Truth

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. The statute: Legalizes possession of small amounts of marijuana and cultivation of up to three mature and three immature cannabis plants per dwelling for personal use. Development.

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Motley Fool Article: 5 Countries With the Highest Cannabis Spending by 2024

Cannabis Law Report

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. billion derived from recreational marijuana, up from $5.9 billion derived from recreational marijuana, up from $5.9 marijuana spending by 2024. billion by 2024. billion by 2024. MF report.