Latest Cannabis News: February 11, 2025
Latest Cannabis News: February 11, 2025
Stay up to date with the latest legalization and cannabis news with the C.B. Advisors. Every week, we will release a snippet of what’s happening with each state in the cannabis industry. Did you miss last week? No worries – click here for last week’s cannabis news.
CBD
Tennessee: SB0809 and HB0836 were filled Tuesday. The bill would allow people 21 years of age and older to possess and/or grow marijuana. It lays out the restrictions, medical use, business licensing, taxation, criminal and consumer protections for the drug. The bill also creates a licensing system for marijuana growers, processors, dispensaries, transporters and testing facilities. It would prioritize licenses for veterans, previous hemp license holders, businesses in economically disadvantaged counties and Tennessee residents. If passed the bill would go into effect Jan. 1, 2026.
Medical
Alabama: After two years of controversy and delays that have prevented any Alabama patients from accessing medical cannabis products, one of the principal sponsors of the original legislation that paved the way for the Alabama Medical Cannabis Commission (AMCC) is introducing a new bill that would punt multiple lawsuits over licenses to the Alabama Supreme Court, expand the number of integrated licenses from five to seven, and empower a consultant to award those licenses. SB 72 would also expand the number of integrated licenses for medical cannabis cultivation and distribution from the current five to seven in that category, and require the AMCC to hire a consultant that is “a nationally recognized entity with expertise in financial auditing and managerial consulting and which has offices in at least 15 states.” That consultant would choose the seven licensees from among the applicants who submitted their paperwork by the original deadline of December 31, 2022, and must make the recommendation no later than January 1, 2026.
Hawaii: Two Hawaii House of Representatives legislative committees on Tuesday approved a bill to legalize recreational cannabis at a joint legislative hearing on the proposal. The measure, HB 1246 from Democratic Rep. David Tarnas, would also bring the regulation of hemp, medical marijuana and recreational cannabis under one new state agency, the Hawaii Cannabis and Hemp Office. “The bill includes a five-year residency requirement, which will limit who can be licensed and prevent these out-of-state corporations from obtaining licenses,” Tarnas said.
Recreational
Virginia: Virginia’s legislature has once again approved legislation to create a regulated and taxed cannabis marketplace, and with both chambers backing identical measures, the proposal is all but certain to reach Gov. Glenn Youngkin’s desk once the General Assembly adjourns later this month. Despite growing public and legislative support for a legal market, Youngkin has signaled he remains firmly opposed. Youngkin’s office reiterated in December that his stance has not changed, setting the stage for another veto, which Democrats have not enough votes to override. If that happens, the fight over Virginia’s cannabis marketplace may have to wait for the state’s next governor.
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