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The Week in Weed: July 8, 2022

The Blunt Truth

Nevada regulators approved rules for consumption lounges. THC edibles got the green light in Minnesota. Public cannabis consumption lounges are coming to Nevada, a year after lawmakers passed a bill allowing them. THC edibles can now be sold legally in Minnesota, with restrictions on the amount of THC contained in them.

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Social use cannabis is now permanent in Denver, opening the door for new business.

MJ Business Attorneys

While it is legal to buy and consume cannabis is Colorado, there are only two businesses in Denver that will allow you to vape or consume edibles on the premises. This coupled with the financing, leasing and banking challenges that cannabis businesses face was discouraging the creation of new business. The reason?

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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

Recent trends indicate a growing interest in alternative forms of consumption, such as edibles, topicals, and concentrates, in addition to traditional flower products. Banking and financial restrictions pose challenges for businesses, limiting access to essential services and hindering investment opportunities.

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Trait Biosciences Completes C$31M Series A Round Led By Btomorrow Ventures, a Corporate Venture Unit of British American Tobacco

Cannabis Law Report

Our new technology, scheduled for market launch in 2022, will deliver premium quality, water-soluble cannabinoids for use in a broad range of novel CBD products encompassing, amongst others, beverages, edibles and health and wellness applications.”. Our banking practice, through broker-dealer Bradley Woods & Co.

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Canada: Medical Cannabis & Cannabinoid Regulation 2021

Cannabis Law Report

Generally speaking, the federal government has the authority to regulate all aspects of the cannabis industry except for rules pertaining to sale, consumption and distribution, which are left to the provinces and territories, consistent with their constitutional jurisdiction over property and civil rights. Self-Regulation. Key Challenges.

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Weekly Legislative Roundup 2/22

NORML

The bill clarifies that products made from the resin of the cannabis plant are legal for medical purposes under state law, including extracts, concentrates, oils, tinctures, and edible products, amongst others. Click here to email your lawmakers in support of banking access. IL resident? MD resident? WV resident?

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Deloitte Publish Report Canada Cannabis Legalization 2.0 Will Create $2.7 Billion Market

Cannabis Law Report

TORONTO , June 3, 2019 /CNW/ – The next stage of cannabis legalization in Canada is expected to create a consumer market for edibles and other alternative cannabis products worth more than C$2.5 “The edibles market alone is estimated to be worth at least $1.6 More than half of the estimated C$2.7-billion