Remove Banking Remove Dispensary Remove Recreational Remove State Laws
article thumbnail

Quick Guide to Cannabis Business Opportunities

Canna Law Blog

Although cannabis remains illegal at the federal level, many states and municipalities have loosened their regulations. As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. The edible market alone is projected to grow by $25.27

article thumbnail

Further Delays To Cannabis Dispensaries Opening In Maine

Cannabis Law Report

Maine is planning to have its first recreational marijuana shops open in June, three months later than expected. State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. The article adds. Read their full report at.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Senate Committee Hearing Report – Challenges for Cannabis and Banking

Greenspoon Marder Cannabis Law Group Blog

On Tuesday July 23, 2019, the United States Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing to discuss national safety implications relating to federal regulations that force cannabis businesses to operate on a cash basis. And that puts them and the Americans they do business with at risk. .

Banking 40
article thumbnail

COVID-19 Fuels Marijuana Industry Push for Permanently Legal Online Sales and Delivery

The Joint Blog

During the COVID-19 pandemic Colorado has temporarily made the online sale of recreational marijuana legal, “fulfilling one of the pot industry’s biggest wishes and fueling its argument for more concessions that could be made permanent when the crisis eases”, reports the Associated Press.

article thumbnail

Cannabis Laws & the Southern States

Cannabis Law Report

Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis. This article reviews cannabis laws in effect in Southern states, cannabis laws that will go into effect in the future, and examines states that haven’t passed legislation legalizing cannabis.

Law 52
article thumbnail

McGuire Woods – Canada & North America – In the Weeds: CDC on Hired Drivers Using Cannabis, Ordering by App in Ontario and Delta-8 Testing

Cannabis Law Report

The CDC promoted a policy that prohibits employees from using marijuana while on the job but recognized that a zero-tolerance policy for marijuana use may not be possible, depending on the relevant state law. Low Percentage of New York Towns Opts Out of Recreational Cannabis. Local municipalities in New York have until Dec.

article thumbnail

Bankruptcy Protection Continues to Elude the Cannabis Industry

Cannabis Law Report

Recreational use is becoming legal in a growing number of states. . Thirty-three states have enacted some type of medical marijuana program. Eleven states have legalized the recreational adult-use of marijuana. As the cases make clear, it’s not only growers and dispensaries who need to be concerned.