Latest Cannabis News: February 4, 2025

Latest Cannabis News: February 4, 2025

Sabrina
FEBRUARY 4TH, 2025

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

Tennessee: A Tennessee senator announced plans to re-introduce medical cannabis legislation. The bill would legalize medical cannabis use for patients with qualifying conditions, including cancer, epilepsy, inflammatory bowel disease, opioid addiction, severe psoriasis and other ailments. If passed, Tennessee would join forty other states that have medical cannabis programs.

Source: https://www.dentons.com/en/insights/newsletters/2025/february/3/us-cannabis-newsletter/cannabis-client-alert-week-of-february-3-2025

 

North Carolina: A top North Carolina GOP senator says there’s “an opportunity” to advance medical marijuana legalization this session, and he feels it should be coupled with legislation to impose restrictions on unregulated intoxicating hemp products.

Source: https://www.marijuanamoment.net/top-north-carolina-gop-senator-says-theres-an-opportunity-to-advance-medical-marijuana-legalization-with-hemp-product-restrictions-this-session/

 

Medical

Florida: Smart & Safe Florida has filed for a new ballot amendment as it sets its sights on the midterm elections in 2026. Perhaps one of the biggest changes to the petition falls under provision 8, which would remove the current requirement that licensed marijuana entities have to be vertically integrated.

Source: https://www.pnj.com/story/news/2025/01/30/new-florida-marijuana-petition-whats-different/78050999007/

 

 

Recreational

Minnesota: The Minnesota Office of Cannabis Management announced applications for cannabis business licenses will be accepted beginning Feb. 18 and ending March 14. The exact timing of the lotteries will depend on the volume of applications for the available license types. OCM anticipates starting lotteries in the May-June timeframe. Additional information and technical resources for applicants will be available beginning Feb. 14 online.

Source: https://www.cbsnews.com/minnesota/news/cannabis-business-license-applications-to-open-in-february/

 

Ohio: Lawmakers are reportedly fast-tracking Senate Bill 56, which seeks to make dozens of changes to Ohio’s law. Fifty-seven percent of Ohioans voted for the law in 2023. Changes proposed by SB 56 include raising taxes on the retail sale of cannabis products, imposing new restrictions on home-cultivation, setting an arbitrary cap on the total number of retailers allowed statewide, and providing new penalties for adults who share their cannabis with other consumers.

Source: https://norml.org/blog/2025/01/30/ohio-gop-lawmakers-move-to-roll-back-states-voter-approved-marijuana-legalization-law/

 

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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