Latest Cannabis News: December 18, 2024

Latest Cannabis News: December 18, 2024

Sabrina
DECEMBER 18TH, 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.

 

CBD

 

Indiana: Swanson is well-known to both lawmakers and activists working to legalize marijuana in Indiana. He chairs the cannabis practice group at Indianapolis-based law firm Bose, McKinney & Evans and leads government affairs for Bose’s public affairs subsidiary.

“We’ve been working for a while now to get some responsible regulations in place,” Swanson told State Affairs. “We’re determined not to go away.” Activists and lobbyists are thus looking to change tactics, developing a public safety-focused strategy heading into the 2025 legislative session.

Source: https://pro.stateaffairs.com/in/social-issues/indiana-marijuana-legalization-2025-advocates

 

South Carolina:  A bill pre-filed at the state house would, if passed, make medical marijuana legal across South Carolina. The bill, also known as the South Carolina Compassionate Care Act, is no stranger to the state Legislature.

Source: https://www.wspa.com/news/pre-filed-bill-would-legalize-medical-marijuana-in-south-carolina/

 

Wisconsin: Wisconsin Senate Minority Leader Dianne Hesselbein (D) has indicated plans to introduce a medical cannabis legalization bill next session after her party picked up four seats in the chamber, ending a Republican supermajority, Wisconsin Public Radio reports. Hesselbein told WPR that she has already had conversations with the chamber’s Republican leadership about the reforms.

Source: https://www.ganjapreneur.com/wisconsin-senate-minority-leader-plans-to-introduce-medical-cannabis-legalization-bill/

 

Medical

 

Alabama: On Thursday, members of the Alabama Medical Cannabis Commission (AMCC) cut most cannabis business license fees by 25%. Almost all of the state’s medical cannabis program has been stalled in ongoing litigation. Oral arguments for one medical cannabis-related lawsuit in the Alabama Court of Civil Appeals are set for January 13.

Source: https://1819news.com/news/item/alabama-medical-cannabis-commission-reduces-most-license-fees-by-25

 

Florida: After failing to pass a recreational ballot initiative in the November election, some in Florida’s marijuana industry are celebrating. A total of 22 companies receiving the first green light to becoming a medical marijuana treatment center in the state.

Source: https://www.nbcmiami.com/news/local/florida-gives-first-green-light-to-22-new-medical-marijuana-treatment-centers/3490623/

 

 

Kentucky: Kentucky awarded 12 additional medical cannabis dispensary licenses through a final drawing held Monday at the Kentucky Lottery Corporation in Louisville.

Source: https://kentuckylantern.com/2024/12/16/in-final-drawing-kentucky-awards-more-medical-marijuana-licenses/

 

Nebraska: Former Nebraska state senator John Kuehn has filed a second lawsuit seeking to nullify two voter-approved medical cannabis access initiatives. The latest suit argues that state officials cannot legally regulate medical cannabis because marijuana remains federally prohibited. Despite the pending lawsuit, Republican Governor Jim Pillen on Thursday signed proclamations codifying the measures into law.

Source: https://norml.org/blog/2024/12/13/nebraska-opponents-file-second-lawsuit-seeking-to-nullify-voter-approved-medical-cannabis-initiatives/

 

 

Pennsylvania: Pennsylvania lawmakers are feeling optimistic about the chances of legalizing adult-use marijuana in the 2025 session, and the governor plans to once again call for the reform as part of his next budget proposal. With state legislators announcing their intent to file legalization bills for next year’s session, recent comments signal that there’s an increased sense of urgency to act, especially given regional reform developments as neighboring state markets mature.

Source: https://www.marijuanamoment.net/pennsylvania-governor-says-hell-put-marijuana-legalization-in-budget-again-as-lawmakers-signal-optimism-for-2025/

 

Texas: If passed, the bill would let adults ages 21 and older possess, use and transport marijuana for personal use, up to 2.5 ounces. Up to ten ounces of marijuana could be possessed legally if stored in a secure location. The next session runs from Jan. 5 to June 2, 2025. If the bill passes, it will go into effect Sept. 1, 2025. However, it’s unlikely that the new bill will be passed as Texas officials continue to tighten regulations on marijuana issues statewide.

Source: https://www.statesman.com/story/news/politics/state/2024/12/17/recreational-marijuana-texas-bill-legal-dallas-ken-paxton-dan-patrick-weed-medical-thc-2025/77043173007/

 

 

Recreational

 

New York: A ruling by a state judge in Albany could set back thousands of cannabis entrepreneurs who are either vying for a business license in New York or who already received one and are trying to set up a dispensary. State Supreme Court Justice Sharon Graff preliminarily blocked the state Office of Cannabis Management from processing any applications from people who had not already secured a location for their business and notified the proper municipality before November 2023.

A state judge on Thursday ordered the OCM to temporarily stop issuing new conditional adult-use retail dispensary (CAURD) permits as well as “all other provisional” cannabis licenses.

Source: https://gothamist.com/news/ny-judge-blocks-processing-of-state-cannabis-license-applications

https://mjbizdaily.com/ny-cannabis-advisory-board-suggests-cap-on-adult-use-retail-licenses/

 

Virginia: Del. Paul Krizek (D–Fairfax) and Sen. Aaron Rouse (D–Virginia Beach) will revive their legal retail marketplace bills for the 2025 General Assembly session, which begins Jan. 8. Republican Gov. Glenn Youngkin vetoed the same legislation during the 2024 session. The Democrats expect another veto if the measure passes the Democratic-controlled legislature — which Youngkin’s office confirmed — but say establishing a regulated marijuana market would help address public safety concerns they share with Youngkin.

Source: https://www.vpm.org/news/2024-12-16/paul-krizek-aaron-rouse-glenn-youngkin-virginia-cannabis-market-bill

 

 

 

 

 

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. Stay up to date on the latest cannabis news with The CB Advisors!

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

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