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New York Issues First Adult-Use Cannabis Cultivation Licenses

Canna Law Blog

The licenses: 52 conditional adult-use cultivation licenses based on the conditional license type rolled out by the CCB and Office of Cannabis Management (OCM) earlier this year. A significant motivation for getting these licenses out so quickly was to allow cultivators the opportunity to grow during the current grow cycle.

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Connecticut chooses BioTrack as the state’s cannabis seed-to-sale tracking software

Cannabis Law Report

The BioTrack software, commonly referred to as seed-to-sale tracking, will track cannabis from when it is first planted as a seed to the point of sale to the consumer. Connecticut has shown their desire to be at the forefront of cannabis by looking for best-in-class software solutions. Forian Inc.

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OCM TO BEGIN ACCEPTING CONDITIONAL ADULT USE PROCESSOR APPLICATIONS

Cannabis Law Report

The Cannabis Control Board (the “Board”) held a public meeting earlier today during which it advanced several key components of the innovative Seeding Opportunity Initiative , which positions individuals with prior cannabis-related criminal offenses to make the first adult-use cannabis sales with products grown by New York farmers.

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

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.

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Cresco Labs Closes Acquisition of Cultivate, Strengthens Position in Massachusetts

Cannabis Law Report

wholesaler of branded cannabis products, announced today the closing of the Company’s previously announced acquisition of Cultivate (the “Transaction”). The Transaction also includes space available to further expand cultivation capacity. We have been thoroughly impressed with the Cultivate team and the quality of their operations.

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Ideal Growing Conditions Will Not Be Enough for Colombia’s Medical Cannabis Industry

WeedAdvisor

In our past discussions on Colombia, one topic that came up was Colombia’s perfect setup for marijuana cultivation. Marijuana may be a lucrative opportunity on the surface, but there are several conditions that could put the industry out of reach for some time. Colombia is about to get hit with some rules. This is hardly surprising.

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New York Cannabis Updates: Steady as She Goes

Canna Law Blog

New approvals for the conditional cultivator license. Recall that the CCB opened up the licensing application for conditional cultivation on March 15th. Many cultivators will plant their first seeds this summer for harvest in fall. The CCB stated that it hopes to see cannabis sales begin this Fall.