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This article focuses on the Department of Financial & Professional Regulation (IDFPR) portion of the report, which touts FY2024 as “a year of explosive growth in the cannabis industry” in Illinois. The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. Problems plaguing the medical cannabis program in Missouri are three-fold. Irregularities plague Missouri’s Medical Marijuana Program.
A regulatory panel in Ohio gave the green light on Tuesday to plans that would more than double the number of medical cannabis dispensaries in the state. The state’s first dispensaries opened three years later, as it continues to tweak and expand the law. View original article.
The American Association of Insurance Services has expanded its Cannabis Businessowners Policy into Nevada , making it the third state to approve the insurance program, along with Colorado and California, according to a Property Casualty 360 report. Read The full article. Cannabis Business Insurance Policy Approved in Nevada.
This year’s proposed legislation also reflects that New York’s time remaining on the sidelines of adult-use cannabis was well-used to learn from the challenges and shortcomings of other adult-use programs in the country. The Program. Moreover, New York’s cannabis program would consist of three branches: medical, adult-use and hemp.
The MCMA released a study in June through the Anderson Economic Group stating that 70 percent of cannabis sales were made outside of regulated dispensaries, and that illegal sales are the main way that residents are obtaining cannabis. . View original article. Companies such as The Botanical Co. Companies such as The Botanical Co.
Pennsylvania Senator Daylin Leach and Senator Sharif Street recently unveiled their plan to introduce legislation, Senate Bill 350 (“SB 350”), that — if passed — would legalize adult-use cannabis and create a corresponding regulatory program. Micro-growers can only grow and only sell their product to processors and dispensaries.
Sunshine Cannabis won the most recent Cannabis Business Awards Most Valuable Brand. In this article we will be reviewing their White Sunshine that’s available at Trulieve in 1/8th oz smokable flower. At the end of a busy day my mind is normally racing with ideas, and trying to slow it down can be quite the chore sometimes.
With the Eastern seaboard’s most ambitious Adult Use program primed to explode, New Jersey’s Superior Court Appellate Division (“Appellate Division”) just lifted its “stay” on scoring 18 month old Medical Marijuana applications clearing the way for 5 cultivation, 15 dispensary, and 4 vertically integrated license awards. 24:6I Et Seq.
Interestingly enough, the New York Times released an article in September of 2024, whereby a 1973 audio recording was unearthed of Nixon declaring he knew cannabis is not particularly dangerous, despite affecting millions of lives and families due to his policies ever since.
The Farmer’s Wife celebrated the grand opening of its third dispensary in Missouri’s developing medical cannabis market Aug. The Farmer’s Wife submitted its licensing applications in 2019 and ultimately won three retail licenses in early 2020, with its first dispensary opening on 4/20 of this year. “We
1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Read the full article. 16 and Dec. 30,” McNamara said.
LAS VEGAS, NV (March 4, 2021) – Cannabis Conference (August 24-26, 2021, at the Paris Las Vegas Hotel & Casino) today announces its education program, which includes 45+ sessions within four education tracks that will provide actionable takeaways about the most pressing issues plant-touching businesses currently face in the cannabis industry.
In 2016, Pennsylvania adopted Act 16, becoming one of 38 states that have medical marijuana programs in the United States. The Pennsylvania Department of Health regulates licensing and has issued 25 grower/processor licenses and fifty dispensary licenses to date. Many dispensaries implemented apps that optimized delivery routes.
Native American nations in New York state are eyeing the legal cannabis business, with some reservations already operating dispensaries. Shinnecock Nation to Open Dispensary and Wellness Lounge in Hamptons . And the OCM seems to be respecting their rights. As the Syracuse Post-Standard reports, the St.
Today, however, there is a dispensary around every corner. To participate in Oklahoma’s medical cannabis program, all that patients need to do is meet with a doctor and receive a medical marijuana recommendation. Oklahoma Medical Cannabis Program Prospers. Oklahoma Medical Cannabis Program’s Problems.
Georgia’s medicinal cannabis program is about to undergo a significant expansion after the state’s regulatory board “chose six companies Saturday that will be allowed to sell the drug, a decision that will finally give registered patients a legal way to obtain medication first approved six years ago,” according to the Atlanta Journal-Constitution.
Dustin Sulak, and I’d like to give you some information about Healer’s online training and certification program. I’ve based this program on my clinical experience, a thorough review of the peer review literature, and all the latest scientific findings to help keep us on the cutting edge of cannabis medicine.
The owner of a Central Coast cannabis dispensary pleaded guilty on Friday to federal charges related to an investigation into tax evasion and bribery of a former San Luis Obispo County supervisor in exchange for votes favoring his business. Read the full article at. The Santa Maria Times reports. in the U.S. in the U.S.
In describing the program, Gov. Kelly Cassidy of Chicago, one of the plan’s legislative sponsors, is working to create a program that avoids “a small group of people getting very rich.”. For now, the proposed permit fees are $100,000 for cultivators and $30,000 for dispensaries. The packaging must be child resistant.
After a long legacy of having a medical cannabis program that barely took care of patients, the governor of Georgia has finally signed SB 195—a law that will expand the medical cannabis program to license retailers of low-THC cannabis . Micah Gravley , a Republican from Douglasville who sponsored legislation starting the program.
(This story appears in the March issue of Marijuana Business Magazine.). In response, some companies have launched their own programs aimed at providing women and people of color with more opportunities to succeed in the space. In exchange for the upfront capital, the fund initially takes a 40% equity stake in the new dispensary.
and becoming legal, regulated, and accepted in more states, one thing the cannabis industry struggles with is having access to services that most businesses have access to, including banking and insurance. The American Association of Insurance Services (AAIS CannaBOP program is the first of its kind to serve the industry in this way. . “As
Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. market for dispensary licenses grew 12%, with other large, mature markets such as California, Colorado and Oregon continuing to add retail licenses in 2020, Cannabiz Media reported.
For some prospective marijuana dispensary owners in Arizona, class is now in session. What that means in practice: Arizona’s Department of Health Services will award 26 dispensary licenses to individuals from those communities particularly affected by long standing anti-pot laws. . Social equity class, that is. .
This is first of an occasional column that updates developments pertaining to articles previously published by Project CBD. ” Several states have launched investigations into Curaleaf’s business practices that were highlighted in our article, including product safety and labor violations.
Social equity programs are a relatively new phenomenon in the U.S. That makes it worthwhile for industry insiders and activists to examine how some of the programs have done – particularly as more states, and perhaps Congress, consider legalizing marijuana and incorporating social equity in some form. The Oakland and L.A.
Civic leaders in San Diego are considering easing the regulations for cannabis businesses in an effort to promote social equity in the city’s legal marijuana industry. Among the proposals being considered are reducing the buffer zone required between cannabis businesses and sensitive use sites including schools and churches.
A chain of cannabis dispensaries in Arizona is offering an enticing incentive to those who have received a Covid-19 vaccine: free marijuana edibles. The offer from The Mint dispensaries continues a trend of support for coronavirus vaccinations from members of the cannabis community seen in other locations across the country.
In January, the Maine Office of Marijuana Policy released a preliminary draft of rule changes to the medical program that officials said were “meant to align the program with state law.”. View original article. Read more at Portland Press Herald ].
Future cannabis business owners should also prepare for the role they can play in creating an equitable cannabis industry. But when it came down to it, many cannabis business owners and cannabis advocates felt underserved. By employing these people, the businesses could score higher on social equity applications.
In New York, board officials would issue licenses for different steps of the supply chain — farming, processing, distribution, dispensaries and retail “consumption” sites, the memo says. The new state office would oversee the regulation of the adult-use and medical cannabis programs. View original article. Read more at CNN ].
This article is the second in a series called, “So you want to start a canna biz?” Today, we’ll focus on picking the right place for your weed business. How to choose a place for your cannabis business in 3 steps: Determine where you’re allowed to go. created in partnership with Good Tree Capital. Source: WBUR , 2018).
As part of the process to launch Missouri’s new medical marijuana program, the state received 2,266 marijuana business applications filed by at least 700 different groups. It awarded 60 licenses to grow marijuana, 86 to make marijuana-infused products and 192 to open dispensaries. SHARE THIS ARTICLE. .
The NFL players, through the holding company, shared a fractionalized ownership interest in the cultivation business with other Genetixs company members. In sum, the cultivation business, Genetixs, operated by the man Jones and White installed as the grow house’s chairman, is now suing the players and others involved in the business.
The pilot program for the New York cannabis farmers market is coming closer to being a reality. CAURD (Conditional Adult-Use Retail Dispensaries) dispensaries are slow to open across the state of New York, causing a backup in the cannabis supply chain. At least, that’s one version of the story.
Assembly Bill 341 would pave the way for an unlimited number of lounges to open across the state, in counties where local governments allow cannabis businesses to operate. And there’s a social equity part to it where we’re not restricting this just to licensed dispensary owners.”. Long considered the heir apparent to former State Sen.
Despite only 10 dispensaries opening in Ontario, this did not deter people from waiting hours in line to get their hands on cannabis. The experience of walking into a store, examining your purchase and leaving with immediately is what makes dispensaries appealing, even if they suffer from small inconveniences, like long lines.
Cannabinoid Hemp Program Regulations (Finally) Finalized. While much attention is focused on New York’s adult-use cannabis market, the CCB and Office of Cannabis Management (OCM) are also responsible for overseeing both the Medical Marijuana and Cannabinoid Hemp Programs.
have introduced legislation that would ban the spending of federal welfare benefits at cannabis dispensaries. Interestingly, Daines is the primary Senate Republican co-sponsor of the SAFE Banking Act of 2021, federal legislation that would allow financial institutions to provide traditional banking services to state-legal cannabis businesses.
A woman who has impacted the industry is Lilach Mazor Power, founder and managing director at Giving Tree Dispensary, the only dispensary in Arizona with majority female ownership. Her father wanted to take the business further than cultivation and turn it into a full seed-to-sale business. View original article.
as well as writing detailed pieces about tax and accountancy issues relating to law in the cannabis sector Jordan has a incisive knowledge about how the cannabis sector operates and writes wickedly funny articles on his blog. Read his full biography below the article. We welcome Jordan to Cannabis Law Report. Commissioner , T.C.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team.
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