cannabis

Connecticut Official Hints at Delay in Launch of Legal Cannabis Sales |

[ad_1] A Connecticut state official said on Wednesday that regulators working to implement the state’s legalization of cannabis still have many details to work out before accepting applications for business licenses and hinted that the launch of legal recreational marijuana sales may be delayed.  Connecticut became the fourth state to legalize adult-use cannabis in 2021 …

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The Astonishingly Low Percentage of Canadian Cannabis Actually Sold

[ad_1] This summer, the cannabis specialty trade press discovered a story that has been floating around in the press, if not Canadian corporate cannabis company reports, for some time now. Namely, that the amount of legally grown cannabis in the Canadian industry that is destroyed, and has been since the advent of adult legalization, is …

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Surge of Advocacy Groups Weigh In on Federal Cannabis Reform Bill

[ad_1] Yesterday was the deadline for the comment period on the draft version of the federal cannabis reform bill, the Cannabis Administration and Opportunity Act (CAOA), and cannabis advocacy groups did not disappoint—with an avalanche of commentary rolling in before the time was up. Senate Majority Leader Chuck Schumer (D-New York), Senate Finance Committee Chairman …

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New Jersey Cannabis: Initial Rules for Adult Use Program – Part 1

[ad_1] On August 19, 2021, New Jersey’s Cannabis Regulatory Commission (CRC) released its “Initial Rules for Personal-Use of Cannabis” (Initial Rules). Th Initial Rules were much anticipated, more so given New Jersey’s proximity to New York and the potential impact these rules could have on New York’s pending program. The Initial Rules cover all aspects …

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New Mexico Approves Cannabis Rules and Prepares for Legalization

[ad_1] New Mexico officials have announced the arrival of cannabis producer rules, and they plan to allow interested producers to begin their applications for licenses sometime this week. The New Mexico Regulation and Licensing Department announced on Facebook on August 24 that rules regarding cannabis producers have been finalized and are effective today, and that …

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Cannabis Business Leaders and Former NBA Launch Ginger Commerce |

[ad_1] A cannabis entrepreneur and a former NBA athlete are joining together to launch Ginger Commerce, a brand-new platform.  Two former Eaze co-founders and a former NBA athlete are partnering together to create a direct-to-consumer (DTC) service called Ginger Commerce. Ginger Commerce seeks to change the usual way consumers purchase cannabis products by allowing brands …

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Virginia Lawmakers Push for Earlier Launch of Cannabis Retail Sales |

[ad_1] Virginia state lawmakers are calling for an earlier start to licensed sales of recreational marijuana, arguing that the delay between the legalization of cannabis possession and the launch of regulated retailers will encourage illicit sales. But some legislators are wary that the idea could jeopardize the state’s cannabis social equity program before it gets …

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Exorbitant Cannabis Bribes Lead to Arrest of Former California Mayor

[ad_1] A former California mayor was arrested last week after being indicted by a federal grand jury over allegations that he accepted thousands of dollars in bribes and kickbacks related to commercial marijuana activity. Richard Kerr, who served as mayor of Adelanto, California from 2014 until 2018, was taken into custody on Friday by FBI …

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Legendary Cannabis Advocate Eddy Lepp Passes Away 1952-2021

[ad_1] Another iconic representative of the cannabis community, Charles Edward “Eddy” Lepp, has passed away after a battle with cancer. Lepp’s wife, Sandra Castaneda, posted on Facebook about the tragic news on August 16. “This morning at 2:00am my husband Charles EdwardLepp aka OG Eddy Lepp passed away in his sleep.” On June 6, Eddy …

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ICYMI: More Changes to City of Los Angeles Cannabis Laws and Regulations

[ad_1] The City of L.A. has had no shortage of tweaks and changes to its cannabis laws and regulations over the past four years. Admirably, as industry issues have arisen, the City and its Department of Cannabis Regulation (“DCR“) have tried to keep pace. At times though, that pace has been glacial much to the …

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MAPS Organization Granted $12.9 Million to Study Cannabis and PTSD |

[ad_1] MAPS, The Multidisciplinary Association for Psychedelic Substances, was awarded a $12,979,050 million grant from the state of Michigan to fund a study on PTSD and cannabis on August 10. According to Dr. Sue Sisley, President of the Scottsdale Research Institute and longtime cannabis researcher, this new study is sorely needed in the community. “Suicide …

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ScottsMiracle-Gro Launches Cannabis Investment Entity with Huge Down Payment • High Times

[ad_1] Investing into the cannabis industry may have just become a bit easier, thanks to an unlikely player: ScottsMiracle-Gro (NYSE: SMG) announced in a press release today the launch of its newly formed subsidiary, The Hawthorne Collective, which will focus on strategic minority investments in areas of the cannabis industry that are not currently pursued …

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Nebraska Advocacy Group Working on Two Petitions for Medical Cannabis

[ad_1] Nebraska is currently working on petitions that could legalize medical cannabis.  Following the failure of an initiative to legalize medical cannabis in Nebraska in 2020, advocates immediately set to work on not one but two new initiatives for the 2022 election year.  The advocacy group called Nebraskans for Medical Marijuana held a brief campaign …

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New York Cannabis: Lawyers Can Consume, Advise Businesses and Own Them (if They Dare)

[ad_1] In the continuing trend of normalizing the cannabis industry for practical reasons (a topic I will be discussing with New York City Council Member Keith Powers on August 17 at this free webinar), the New York State Bar Association’s (NYSBA) Committee on Professional Ethics issued Opinion 1225 (the Opinion). In short, the NYSBA now …

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Congress to Vote on Protecting State Cannabis Programs

[ad_1] Congress will be voting on a proposal that would protect currently existing cannabis programs across the U.S. A proposed, bipartisan amendment from the House Rules Committee was presented on July 28. If passed, it would create protections for existing state cannabis programs, as well as any tribal medical cannabis programs. It also specifically bars …

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Why Most Cannabis Businesses Should Ditch Their SOW Models

[ad_1] Lately, in my review of certain cannabis transactional agreements like cannabis intellectual property (IP) licensing agreements, manufacturing agreements, and distribution agreements, I’m seeing a really high number of statements of work (SOWs) attached. I’m not opposed to SOWs when they make sense. In cannabis though, nine times out of ten, a SOW model isn’t …

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