Latest Cannabis News: August 15, 2023

Latest Cannabis News: August 15, 2023

Maxime Kot
AUGUST 15TH, 2023

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: At the meeting of the Alabama Medical Cannabis Commission meeting Thursday, in front of a standing room only crowd, the licenses previously awarded on June 12 were voided. Exercising its authority and discretion in licensing, the Alabama Medical Cannabis Commission (AMCC), at its meeting on August 10, 2023, nominated applicants and voted to award medical cannabis business licenses to new applicants. The following dispensary locations were awarded:

  • Yellowhammer Medical Dispensaries, LLC
  • CCS of Alabama, LLC
  • RJK Holdings AL, LLC
  • Statewide Property Holdings AL, LLC

Source: https://mynbc15.com/news/local/alabama-medical-cannabis-commission-voids-all-previously-awarded-licenses

 

New Hampshire: Gov. Chris Sununu (R) of New Hampshire has signed a bill that will create a commission tasked with preparing legislation to legalize marijuana through a system of state-run stores—a novel regulatory model that he backed this year after concluding that legalization is “inevitable” in the state despite his broader concerns with the policy.

This comes about two months after bicameral and bipartisan lawmakers reached an agreement on the incremental commission legislation in a conference committee. The bill that the conference committee took up initially only required a commission to study the novel state stores idea for cannabis, which Gov. Chris Sununu (R) only recently endorsed after historically opposing cannabis legalization.

But it was amended prior to final passage to include a mandate for the body to take its findings and draft a state-run legalization measure that legislators can consider when they reconvene for the second half of the two-year session in January. The commission’s work will be due December 1.

Source:  https://www.marijuanamoment.net/new-hampshire-governor-signs-bill-creating-marijuana-legalization-commission-to-prepare-state-run-sales-model/

 

South Dakota: South Dakota’s attorney general has officially released a draft summary of an initiative to legalize marijuana that advocates hope to place on the November 2024 ballot. The procedural development brings the campaign, South Dakotans for Better Marijuana Laws (SDBML), one step closer to being able to collect signatures to put the measure before voters next year. 

But advocates are first planning to use the 10-day public comment period that started after Attorney General Marty Jackley (R) submitted the draft summary last week to request a revision, as it currently says that the measure authorizes the “distribution” of cannabis even though there’s no sales component to the initiative. That issue represents a key change to the initiative that the campaign originally filed in December. The previous version would have permitted existing medical cannabis dispensaries to sell products to adult consumers, but those provisions were removed in order to avoid running up against a legal challenge.

Source: https://www.marijuanamoment.net/south-dakota-attorney-general-files-draft-marijuana-legalization-initiative-title-and-summary-for-2024-ballot/

 

 

Recreational

New York: The state’s recreational marijuana industry will remain on hold for at least an additional two weeks after a state Supreme Court judge Friday determined an injunction barring the issuing of new licenses or approval of plans to open retail dispensaries earlier this week will stay in place until the next hearing.

The Conditional Adult-Use Retail cannabis program, which prioritizes the state’s retail licenses for people and family of New Yorkers with past marijuana convictions, is on hold after a group of service-disabled veterans filed suit alleging the program is unconstitutional. Plaintiffs argue the state’s Marijuana Regulation & Taxation Act, which legalized recreational cannabis in New York in 2021, requires licenses must also be prioritized for disabled veterans and other minority groups.

Ulster County Supreme Court Justice Kevin Bryant on Friday decided the temporary ban will stay in effect until the next hearing in the case can take place in two weeks.

Source: https://spectrumlocalnews.com/nys/central-ny/politics/2023/08/11/court-ordered-cannabis-license-ban-extended-2-weeks

 

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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