Latest Cannabis News: August 9, 2023

Latest Cannabis News: August 9, 2023

Maxime Kot
AUGUST 9TH, 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 

Ohio: Ohio activists have turned in a final batch of signatures to put a marijuana legalization initiative on the November ballot after falling short in a prior submission. The new batch includes more than 6,000 additional signatures on the petition, which a GOP congressman newly told Marijuana Moment he would’ve signed in order to let voters decide on the reform.

The Coalition to Regulate Marijuana Like Alcohol (CTRMLA) submitted more than 220,000 signatures to the secretary of state’s office last month, but officials said last week that they were 679 valid signers short following a verification review. The campaign was then given a 10-day window to close the gap.

Source: https://www.marijuanamoment.net/ohio-activists-turn-in-final-signatures-to-put-marijuana-legalization-on-november-ballot-after-falling-short-in-prior-submission/

 

 

Recreational

Minnesota: The possession and home cultivation of recreational marijuana by adults are now legal in Minnesota following the approval of legislation to legalize adult-use cannabis by state lawmakers less than three months ago. Sales of recreational pot at state-licensed dispensaries are more than a year away, however, although at least two Native American communities plan to be the first jurisdictions to regulate sales of recreational marijuana in Minnesota starting this month.

State agencies have set a target date of May 2024 to begin accepting applications for adult-use cannabis retailers, according to a report from Minnesota Public, with dispensary sales of recreational marijuana anticipated to start in January 2025.

Source: https://www.forbes.com/sites/ajherrington/2023/08/01/recreational-marijuana-is-now-legal-in-minnesota/?sh=159b418be490

 

New York: No new weed shops will be able to open in New York, after a judge blocked cannabis regulators from moving forward with retail licensing on Monday.

The order is the latest blow to New York’s ambitious effort to ensure that people harmed by marijuana enforcement are able the reap the financial benefits of legalization. The ruling sides with a group of service-disabled veterans, who filed a lawsuit last week, arguing that a priority licensing program for entrepreneurs impacted by marijuana enforcement was unconstitutional.

The court is blocking the state’s cannabis regulatory agencies from issuing new licenses and from granting operational approval to those who are already licensed and working toward opening up dispensaries.

New York Supreme Court Justice Kevin Bryant ruled that without a court order blocking the cannabis licensing program, it appears “that there is genuine urgency and that immediate and irreparable injury, loss, or damage will result” if the licensing program moves forward, his order read.

Source: https://www.politico.com/news/2023/08/07/ny-court-halts-cannabis-dispensary-openings-00110182

 

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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