Latest Cannabis News: December 13, 2022

Latest Cannabis News: December 13, 2022

Shelby Knight
DECEMBER 13TH, 2022

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.

 

No legislation

 

Kansas: Sen. Rob Olson, R-Olathe, and chair of the 2022 Special Committee on Medical Marijuana, said he planned to introduce a medical marijuana bill at the beginning of the January legislative session. Olson said passing legislation out of committee would be too difficult, and he planned to introduce it in the Senate as an alternative approach.

In 2021, the Kansas House approved medical marijuana legalization, but Senate Bill 560, which would have allowed for the cultivation, distribution, processing, dispensing and purchase of marijuana and paraphernalia, died in committee during the last days of the legislative session. The last meeting of the medical marijuana committee will be held Dec. 15, with committee proposals expected to be finalized then.

Source: https://www.kcur.org/politics-elections-and-government/2022-12-12/kansas-lawmakers-plan-to-introduce-medical-marijuana-legislation-at-start-of-session

 

Medical

 

Ohio: Ohio lawmakers held a brief hearing on Tuesday to consider two marijuana legalization bills—one sponsored by Democrats and the other led by Republicans.

Both bills before the House Finance Committee would tax and regulate cannabis for adults over the age of 21, though they have significant differences between them.

Neither proposal is expected to pass this session, but the hearing provided an opportunity to hear debate on cannabis reforms that some lawmakers framed as inevitable as activists gear up to potentially place a legalization measure on the November 2023 ballot.

Source: https://www.marijuanamoment.net/ohio-lawmakers-hold-hearing-on-two-marijuana-legalization-bills/

 

Rhode Island: Rhode Island’s pot shops saw brisk business during their first week of operation under a new state law allowing retail sales, according to a state agency.

The state’s six licensed cannabis dispensaries collectively sold more than $1.63 million worth of marijuana from Dec. 1 to Dec. 7, the Department of Business Regulation said. About half of those sales were for recreational cannabis, or an estimated $786,000. The remaining $845,400 were sales to medical marijuana patients, the agency said.

The robust sales bode well for the state, which will rope in roughly $133,600 in taxes, about $23,500 which will go to towns and cities where the pot shops are located.

Source: https://www.thecentersquare.com/rhode_island/rhode-island-pot-sales-top-1-6-million-in-first-week/article_1e2cbe72-780e-11ed-b978-3b8bdbe37b79.html

 

Recreational

 

Connecticut: The Department of Consumer Protection announced Friday morning that it has notified nine existing medical marijuana dispensaries in the state that they can begin selling recreational pot to all adults 21 and older as soon as 10 a.m. on Jan. 10.

Customers will be able to buy up to a quarter ounce of cannabis at a time. DCP said purchase limits will continue to be reviewed over time and help maintain adequate supply for both adult-use consumers and medical marijuana patients, who can now purchase up to five ounces of cannabis per month. Connecticut’s purchase limit is below other Northeast states such as Massachusetts and New Jersey, which allow people to purchase up to an ounce of cannabis.

Source: https://www.ctinsider.com/cannabis/article/Legal-weed-sales-in-CT-start-Jan-10-17641284.php

 

Massachusetts: The Massachusetts Department of Agriculture Resources (MDAR) changed its “Pesticide Use of Marijuana Policy” to allow the use of certain pesticides on cannabis plants if specific requirements are met. Following passage of the Agriculture Improvement Act of 2018 (the 2018 Farm Bill), which legalized hemp at the federal level, pesticide manufacturers amended pesticide labels to include hemp, and there are now EPA-registered pesticide products that include hemp, according to the policy memo.

The MDAR wrote in the memo, “MDAR understands that the difference between hemp and marijuana is a legal one and that both originate from the same plant and in many cases are being produced, manufactured, and used for the same purposes (i.e., topical, edible, smokable). Because hemp and marijuana are both cannabis and only distinguished through law by the THC level, MDAR will allow the use on hemp to extend to marijuana as well,”

Source: https://www.cannabisbusinesstimes.com/article/massachusetts-department-of-agriculture-resources-changes-pesticide-use-of-marijuana-policy/

 

New York: New York cannabis regulators have scrapped a rule requiring the state’s first retail operators to accept storefronts assigned by the government in an effort to get sales going before the end of the year.

The change three weeks before the new year frees up license holders to base their operations out of locations of their choosing, pending the state’s approval. The move was announced by the state’s Office of Cannabis Management in a statement Friday.

Some entrepreneurs seeking to enter the recently legalized recreational cannabis market in New York welcomed the flexibility the shift in rules would allow. Other industry observers, however, say that the eased storefront requirement is another sign that state regulators and private investors are falling short of their vows of support for these new businesses.

Source: https://www.nytimes.com/2022/12/09/nyregion/ny-retail-marijuana-regulations.html

 

Washington, D.C.: Washington, D.C. lawmakers approved a bill on Tuesday that would make fundamental changes to the medical marijuana program in the nation’s capital—including by eliminating cannabis business licensing caps, providing tax relief to operators, further promoting social equity and creating new regulated business categories such as on-site consumption facilities and cannabis cooking classes.

It would also provide a pathway for current “gifting” operators that sell non-cannabis items in exchange for “free” marijuana products to enter the licensed market, while empowering officials to crack down on those who continue to operate illegally.

The full D.C. Council passed the legislation, which was amended by the Committee of the Whole earlier in the day, in a 7-4 vote. It must still receive a second reading vote by the Council at a later date before heading to the mayor’s desk.

Source: https://www.marijuanamoment.net/d-c-council-approves-bill-to-eliminate-medical-marijuana-license-caps-promote-equity-provide-tax-relief-and-more/

 

 

 

 

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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