Latest Cannabis News: April 9, 2024

Latest Cannabis News: April 9, 2024

Sabrina
APRIL 9TH, 2024

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.

 

Medical

 

Alabama: A new bill that would significantly increase the number of licenses Alabama could award to companies to grow and sell medical marijuana was met with considerable opposition Wednesday, much to the disappointment of the bill’s sponsor and supporters.

Sen. David Sessions, R-Grand Bay, said Senate Bill 276 is an effort to satisfy the companies that sued the state over its license awarding process. Were lawmakers to not take any legislative action to resolve the issue, Sessions warned that litigation could continue to delay the state’s rollout of medical marijuana for years. As for those who spoke in opposition to the bill, Sessions said his sole concern was getting products to patients as quickly as possible.

Source: https://aldailynews.com/alabama-lawmakers-push-to-expand-number-of-licenses-to-grow-sell-medical-marijuana/

 

Florida: Florida Marijuana Initiative Needs 60% Voter Support To Pass, A Threshold Achieved In Only Three Other States Before

Source: https://www.marijuanamoment.net/florida-marijuana-initiative-needs-60-voter-support-to-pass-a-threshold-achieved-in-only-three-other-states-before/

 

Hawaii: The effort to pass a marijuana legalization bill in Hawaii this year ended on Tuesday afternoon. In a statement, Rep. Kyle Yamashita (D), who chairs the House Finance Committee, announced that his panel would not hear the legalization measure, SB 3335, ahead of a legislative deadline this week. The decision effectively kills the bill, which had already passed the full Senate and several House committees this session before only barely advancing in an initial House floor vote earlier this month.

Source: https://www.marijuanamoment.net/hawaii-marijuana-legalization-bill-is-dead-for-the-year-as-house-leaders-refuse-to-schedule-final-hearing/

 

Kentucky: When questioned, the Cabinet reiterated that within a few months, more information would be available to the public. “… the Program will promulgate additional regulations covering how businesses can become licensed,” the Cabinet said in an email to LEO Weekly. “When the Program has additional information related to business licensing and other information it will share that information through its website, on social media, and through other means.”

Team Kentucky, which has put together a task force of people to tackle medical marijuana in the Commonwealth, will begin holding meetings in April to provide updates on cannabis in Kentucky. Their first meeting, which anyone can join, is set to be held on April 19.

Source: https://www.leoweekly.com/news/how-are-dispensaries-preparing-for-medical-marijuana-in-kentucky-in-2025-16173215

 

New Hampshire: New Hampshire state representatives are not giving any ground in the debate over how to legalize marijuana in the state. The House Finance Committee on Tuesday advanced legislation that some state senators are calling a dealbreaker. Representatives decided to leave the bill much as the House Commerce Committee crafted it, with 15 agency stores, which would be regulated by the state but less intensively than they would be under a franchise model.

Source: https://www.wmur.com/article/nh-cannabis-legalization-bill-4224/60374799

 

South Dakota: Voters in South Dakota rejected Initiated Measure 27, which would have legalized marijuana use for adults over the age of 21.

Source: https://uk.style.yahoo.com/results-south-dakota-voters-reject-202738472.html

 

Recreational

 

Ohio: The Division of Cannabis Control has proposed a new set of rules that dispensaries would have to follow in the latest step toward issuing licenses. The DCC said it is on track to issue its first licenses in June to facilities that are already set up for medical sales. It would issue a second set of licenses to non-medical facilities in September.

Source: https://www.10tv.com/article/news/local/ohio/ohios-division-of-cannabis-proposes-new-rules/530-8ee30f37-a7ab-489d-ad10-29f462a4c1c7

 

Rhode Island: Rhode Island is in the process of drafting regulations,and designing their social equity program.

Source: https://ccc.ri.gov/sites/g/files/xkgbur991/files/2024-03/3.15.2024%20Presentation%20FINAL.pdf

 

Virginia: Virginia Gov. Glenn Youngkin (R) on Thursday vetoed a bill that would have established a legal market for the sale of recreational marijuana in the Old Dominion state.

Source: https://ca.news.yahoo.com/youngkin-vetoes-bill-setting-sale-223430133.html

 

 

The Cannabis Business Advisors have more than thirty years of combined industry experience, spanning across the U.S. and around the globe. C.B. Advisors offers a comprehensive suite of services, including application and licensing preparation, operational analysis, merger and acquisition support, policy and procedures, exit strategy guidance, and business development planning.

Contact Info@thecannabisbusinessadvisors.com for more information on how to apply for a cannabis business license.

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