Leafly
NOVEMBER 4, 2022
The deal will pass Cresco Labs and Columbia Care assets in New York and Illinois to the mogul formerly known as Puffy. The new, unnamed company will be America’s first Black-owned and operated multi-state cannabis pipeline. The post Diddy just paid $185 million for Cresco and Columbia Care operations in 3 states appeared first on Leafly.
The Blunt Truth
NOVEMBER 4, 2022
Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we start off in Nevada, where a judge determined that marijuana should no longer appear on the state’s Schedule I, and where a lot of people would like to open cannabis lounges. Then we travel to Mississippi, where medical marijuana sales will begin in January 2023.
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Leafly
NOVEMBER 4, 2022
Testing cannabis products is essential for consumer safety. Learn what cannabis is tested for and why it's so important. The post Why is it so important to test cannabis products? appeared first on Leafly.
Cannabis Life Network
NOVEMBER 4, 2022
The U.S. cannabis industry will hopefully soon be legal, but will it be racist? Yes, according to some, because of the individual, institutional, and structural racism in everyday American society. The theory of systemic racism is everywhere these days, but how accurate is it? Let’s find some common ground with race theorists. Take the Greater Toronto Area, for example.
Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken
The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.
Canna Law Blog
NOVEMBER 4, 2022
We’ve written plenty about cannabis arbitrations before, and why these proceedings may make more sense for your situation (see links at the bottom of this post!). But when you need fast, injunctive relief, a prior agreement to arbitrate can potentially be disastrous. Arbitration is much slower than other litigation to get started — even though arbitration is typically regarded as highly efficient and having an overall shorter timeline.
Medical Cannabis Brief brings together the best content for patients and advocates from the widest variety of industry thought leaders.
Dykema (Cannabis Law Blog)
NOVEMBER 4, 2022
The lazy stoner jamming out to Pink Floyd in his VW van? That trope is long gone. Today’s enthusiasts are a diverse collection that includes executives, parents, healthcare workers, and everyone in between. As new markets continue to emerge and legislative hurdles ease, M&A activity in the cannabis industry is primed for a big year. Here’s what to expect in 2023: . . .
Cannabis Law Report
NOVEMBER 4, 2022
Cannabinoids like THC and CBD, the plant’s primary active ingredients, have been shown to have significant medical advantages. If cannabis helps your symptoms, then surely the more you smoke, the better the effects will be. To be sure, it is not always the case. Microdosing has become increasingly popular as the cannabis industry has expanded. […].
Veriheal
NOVEMBER 4, 2022
On Tuesday, March 2, a former El Paso congressman announced that he received immense support for cannabis legalization at several veteran town halls. Beto O’Rourke, who secured the Democratic nomination for Texas governor on March 1, had all eyes on him as he made an almighty oath to legalize the plant for recreational purposes as part of his campaign. “And don’t you think it’s time we legalize marijuana in the state of Texas?
Cannabis Law Report
NOVEMBER 4, 2022
Here at CLR, only the other day we were wondering what Sean Combs / P. Diddy / Puff Daddy etc etc was up to in 2022. The answer has come back to us very quickly! Ganjapreneur reports Sean “Diddy” Combs has agreed to purchase the cannabis operations of Cresco Labs Inc. and Columbia Care […].
Cannabis Law Report
NOVEMBER 4, 2022
On November 2, 2022, the New York Office of Cannabis Management (OCM) updated its Laboratory Testing Limits for unextracted cannabis products (e.g., flower, pre-rolls, etc.), eliminating any limits for aerobic bacteria, yeast, and mold. In an email to conditional cultivators and processors, the OCM explained that “Cannabis Laboratories will still need to run these tests as part of the […].
Cannabis Law Report
NOVEMBER 4, 2022
If so we’d consider it an honor also to be banned? Well done Psymposia you must be doing something right ! Welcome to Miami (Will Smith, 1997) Unless you're a persona non grata, that is. Mr. Mouse is wondering, which member of the Microdose team made a macro misstep by leaving this "BANNED FROM ALL […].
Cannabis Law Report
NOVEMBER 4, 2022
Syracuse.com report NY Cannabis Insider has learned that the two high-profile individuals selected to manage a $200 million state cannabis fund may hold significant conflicts of interest that could place New York’s social equity-focused rollout in precarious ethical waters. In June, Gov. Kathy Hochul announced NBA Hall of Famer Chris Webber and entrepreneur Lavetta Willis were […].
Cannabis Law Report
NOVEMBER 4, 2022
Select state agencies and licensees to participate in a nine-week pilot program for real-time feedback; new sustainable tags boast nearly 20 percent more efficiency October 25, 2022 08:00 ET | Source: Metrc LLC LAKELAND, Fla., Oct. 25, 2022 (GLOBE NEWSWIRE) — Metrc, the most trusted and experienced provider of cannabis regulatory technology systems in the U.S., announced […].
Cannabis Law Report
NOVEMBER 4, 2022
Here’s the press release Erik Gundersen, former Executive Director of Maine’s Office of Cannabis Policy, launches firm to consult governments and cannabis businesses in navigating the complex cannabis industry. Today marks the official launch of ERG Strategies, LLC, a consulting firm set to advise governments at all levels and national clients operating in the complex […].
Cannabis Law Report
NOVEMBER 4, 2022
Here’s thair latest analysis RATING ACTION COMMENTARY Fitch Downgrades Canopy Growth Corporation to ‘CCC-‘ Fri 28 Oct, 2022 – 12:07 ET [link] Fitch Ratings – Chicago – 28 Oct 2022: Fitch Ratings has downgraded the Long-Term Issuer Default Ratings (IDRs) for Canopy Growth Corporation (Canopy) and 11065220 Canada Inc. to ‘CCC-‘ from ‘CCC’ Fitch […].
Cannabis Law Report
NOVEMBER 4, 2022
A Mississippi Today article and photos in early October showed that Mockingbird Cannabis LLC did not follow state growing and security regulations. The department’s response at that time — to write Mockingbird a letter listing “corrective actions” and to not answer any questions — had competitor growers crying foul. They said Mockingbird was allowed […].
Cannabis Law Report
NOVEMBER 4, 2022
In Part 1 of this series, I discussed some key leasing concerns for landlords and tenants in the psilocybin industry which included: 1) institutional lenders, 2) permitted use clauses, 3) compliance with law clauses, and 4) federal enforcement guidance. Here are additional issues which should be carefully considered: 1. Banking Psilocybin businesses will be forced to deal […].
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