Cannabis Business

LA Evaluates Marijuana Employment Protections NECANN

Task Force in Louisiana Evaluates Employment Protections For Medical Marijuana Patients

A legislative task team in Louisiana met multiple times to discuss and make suggestions on how to handle employment concerns related to medical marijuana.   The Employment and Medical Marijuana Task Force split into three groups to discuss various aspects of medical marijuana in the workplace, including legal protections in other states, available testing methods, […]

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DC Bill Lets Canna Stores Get Retail Licenses

A Bill in The District of Columbia to Allow Unlicensed Cannabis Stores to Get Retail Licenses

Multiple attempts by D.C. officials over the past year to crack down on unlicensed cannabis stores, often known as “gifting” or “I-71” shops, have been largely unsuccessful. Many business owners clashed with D.C. Council Chairman Phil Mendelson earlier this year, as he attempted to enact emergency legislation to shut them down and criticized them as

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NY Issued 36 Retail Cannabis Licenses

New York Grants the First 36 Retail Marijuana Licenses

The New York Office of Cannabis Management granted retail licenses to 36 applicants, including 28 “justice-involved” persons and eight nonprofit groups, to sell cannabis for adults. They were picked from a group of 903 people who had all applied for the 175 available retail cannabis licenses in the state. One hundred fifty will be issued

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NY Allows 1st Social Equity Dispensary Storefronts

New York Authorizes Firms To Construct Initial Social Equity Marijuana Dispensary Storefronts Days Before a Crucial Meeting of Regulators

When the social equity marijuana retail market in New York officially debuts, which is scheduled to happen before the end of the year, these 150 fully-equipped stores will be ready for business, thanks to the work of the 10 teams of firms that were selected. The announcement comes just before the Cannabis Control Board (CCB)

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NJ Officials Seek Public Input

New Jersey Officials Solicit Public Input Regarding Revenue From Marijuana

The state Cannabis Regulatory Commission held three public hearings to collect testimony that will be used to allocate social equity fees generated by legal marijuana sales. Many different ideas were proposed for how the money may be used, from buying baby bonds for children of low-income families to assisting Black maternal healthcare facilities to establish

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Illinois Offers $8.75M Loans to Social Equity

The State of Illinois Has Just Announced a New $8.75 Million Loan Program for Companies With a Strong Commitment to Social Equity

In the spring of 2023, the Illinois Department of Commerce and Economic Opportunity will issue $8.75 million in state-backed loans for social-equity licensees in the cannabis business. Up to $500,000 is available to qualified businesses with $0 interest for 18 months. Emily Bolton, a spokesperson for the Commerce Department, told the Sun-Times that businesses who

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In Sacramento, the First Social Equity Cannabis Retailer Opens

In Sacramento, the First Social Equity Cannabis Retailer Opens

Under the CORE initiative of the city of Sacramento, the first social justice cannabis retail store in the state capital has opened for business.  CBS News Sacramento reports that the city’s social equity program has helped launch the region’s first legal cannabis business. Rob Jackson and Lauren Carpenter’s Embarc is the first cannabis business to

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100 Applications for Consumption Lounges in NV

Nevada Marijuana Regulators Have Received One Hundred Applications for Consumption Lounges, With Plans to Approve by the Beginning of 2023

100 applications for the first marijuana consumption lounge permits in Nevada were submitted during a brief period last month, and the state’s marijuana officials say they aim to begin giving licenses in “early 2023.” Starting on October 14th, the Nevada Cannabis Compliance Board (CCB) began taking applications and continued until October 27th, when they stopped.

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Cannabis Sales in CO

Colorado Sold More than 13B in Cannabis Since Legalization

Since its legalization in 2012, Colorado has made $2.2 billion in taxes off of the sale of marijuana for adults.   Mason Tvert, told 9 News that Colorado’s legalization victory at the ballot box a decade ago “triggered a lot of talks and got a lot of elected leaders both in the U.S. and internationally

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Recreational Marijuana Dispensaries coming soon to NY

The Approval of New York’s First Recreational Marijuana Dispensaries Is Potentially Just Weeks Away, Says Top Regulator

A leading regulator in New York indicated that the upcoming Cannabis Control Board (CCB) meeting might authorize the first licenses for recreational marijuana retailers in approximately two weeks. Axel Bernabe of the Office of Cannabis Management (OCM) said at the Business of Cannabis conference in New York City that while nothing has been officially scheduled

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