Tag: JD Supra

The New York Cannabis Control Board has proposed draft regulations to create a conditional adult-use cannabis retail license, the first of its kind to be released in New York state. An applicant must also satisfy ownership and control restrictions in order to be eligible to apply for a conditional adult-use retail license. OCM may create […]

I recently had the opportunity to attend Revelry’s “Crucial Community Relationships” gathering in New York City. It was evident how important this event was because it was a sold-out crowd—despite the impending snowstorm. However, the major takeaway from this event was that interacting with public officials is also a fundamental component of the cannabis business […]

If the referendum passes, then the Maryland legislature would be tasked with working out the details for the legal market during the 2023 legislative session including determining who will get to sell cannabis, how any tax revenue will be spent, and how to ensure that Black communities most impacted by the war on drugs can […]

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The board did not specify what the private discussion was about, but it may have been in connection with the legal dispute between MedMen and Ascend Wellness Holdings over a stalled investment transaction. This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. […]

If you’re a New Yorker or a person who has visited New York recently, you’ve probably seen or heard of stores selling a product or service to consumers and providing cannabis as a “gift” in return. After former Governor Andrew Cuomo signed the MRTA into law last year, adults 21 and older were immediately permitted […]

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On February 3, 2022 the Connecticut Department of Consumer Protection released its first set of cannabis license applications which is the first step for licensee hopefuls who wish to participate in the state lottery for recreational adult use retail facilities and for those interested in applying under Section 149 of the statute. This website uses […]

On February 2, 2022, Mississippi Governor Tate Reeves signed legislation authorizing cannabis for medical use. The Act establishes several license types including cultivation facilities, processing facilities, medical cannabis dispensaries, transportation entities, disposal entities, research facilities, and testing facilities. After 120 days from the effective date of the Act, MDOH will begin accepting applications, registering and […]

Now that what always seemed to be a pipe dream in Mississippi is a reality, you may ask what individuals and entities interested in entering this budding industry can be doing to best position themselves for success when applications can be submitted in June and July of 2022. These are some of the key, initial […]

DASNY will assist in overseeing sites and design and buildout of sites “so that capital and leasing will not be an impediment to success” and will provide a range of services including identifying or acquiring retail dispensary locations; designing, constructing, and renovating the locations to operate as adult-use cannabis dispensaries and fitting out locations with […]

While he has been quoted in local media saying that while the legislature is “still not there” on a final product, he is at least ready to say that “we’ve worked down to almost one issue that’s left.” That specific issue, it seems, is who will regulate the cannabis market should Rhode Island enact a […]

While some jurisdictions allow provisional applications that let an applicant apply preliminarily without a location or simply identify a location, eventually every applicant needs to evidence control of the proposed site, either in the form of fee ownership, a lease, an option to purchase or lease, or a letter of intent to purchase or lease. […]

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Some measures were renewed, others were introduced for the first time; however, each legislation dealt with a niche aspect of the industry, such as federal and state legalization, medical cannabis, banking, descheduling and rescheduling, decriminalization, social justice and equity, veterans access, minority- and women-owned small businesses and hemp and CBD. The SAFE Banking Act: On […]

PE firms now have scope to embrace growing medical and consumer interest in certain jurisdictions, while in others, such as the US, evolving legal restrictions continue to challenge investors. The acquisition of Neuraxpharm — one of the first European pharmaceutical companies to include medical cannabis products in its portfolio — demonstrates increasing sponsor and investor […]

Since 2014, Americans For Safe Access’s annual State of the States report has assessed the strength of medical cannabis programs by assigning grades to each of the 50 states, the District of Columbia and the U.S. The new report cards adds emphasis on civil rights and patient protections, affordability, health and social equity, and product […]

March 31, 2022 will mark the first anniversary of former Gov. While we still don’t have draft or final regulations, applications, or a definitive timetable, plenty of new information has come out since legalization. All five members of the CCB, which is in charge of the creation and implementation of the OCM, have been appointed, […]

After rejecting several proposed amendments, including one to allow for outdoor growing and one complete alternate bill that would, among other things, prohibit the sale of cannabis flower and edibles and require that pharmacists dispense the medicine, the Senate overwhelmingly voted to approve the Act. This website uses cookies to improve user experience, track anonymous […]