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First Boston Marijuana Store Receives State Approval

The Joint Blog

Boston’s first recreational marijuana shop, which is Massachusetts’ first minority-owned marijuana business, was approved Thursday by the state’s Cannabis Control Commission. Commission Chairman Steven Hoffman called the vote “an important milestone” and wished the company luck.

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Legal Adult Cannabis Sales in Massachusetts Surpass Half a Billion Dollars Since Legalization, Raising Approximately $100 Million in Tax Revenue

Cannabis Law Report

. Analysis of state data finds regulated cannabis market is picking up steam, as average monthly sales increased 66% from the first half of 2019 to the second half. million in tax revenue for the state government and an additional $15 million in tax revenue for local governments. million) to the second six months ($46.3

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Massachusetts Cannabis Commission Fines Tilt Holdings, Ayr Strategies

Cannabis Law Report

The settlement also allows each company to move forward with plans in the state. At yesterday’s meeting of the CCC, the commissioners ratified a stipulated agreement resolving the related investigation pursuant to which TILT has agreed to make a $275,000 payment to the CCC Marijuana Regulation Fund.” Tilt Holdings.

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MA Cannabis Control Commission approves re-written rules on annual fee for medical patients and set the stage for home delivery of recreational marijuana and marijuana vaping lounges.

Cannabis Law Report

The Cannabis Control Commission set out to revise and republish its slate of regulations after assuming control of the medical marijuana program from the Department of Public Health in December and as regulators approved the first licensed pot stores in Massachusetts. Boston, MA 02110. Read more at [link].

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Thursday 8 February 2019 – State By State Digest: Federal, Arkansas, Florida, Massachusetts, Michigan, Nebraska, Nevada, New Hampshire, New York, Ohio, Pennsylvania

Cannabis Law Report

Banking bill may be first cannabis reform legislation to benefit from a new U.S. The first sign of a more receptive Congress in 2019 will come when the House Financial Services Committee takes up a draft of the SAFE Banking Act , expected Feb. The news was first reported by Politco reporter Zachary Warmbrodt.

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Tilray Buys Up MedMen’s Debt

Cannabis Law Report

The acquisition provides Tilray with a path, subject to necessary regulatory approvals, to obtain a significant equity position in MedMen through conversion of the Notes and exercise of associated warrants (the “Warrants”) following U.S. MedMen did not receive any proceeds from the transfer of the Notes. Prior to U.S. federal laws.

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Tilray Acquires Majority Position in Amended MedMen Convertible Notes

Cannabis Law Report

The acquisition provides Tilray with a path, subject to necessary regulatory approvals, to obtain a significant equity position in MedMen through conversion of the Notes and exercise of associated warrants (the “ Warrants ”) following U.S. MedMen did not receive any proceeds from the transfer of the Notes. Prior to U.S. federal laws.

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