Latest Cannabis News: July 2, 2024

Latest Cannabis News: July 2, 2024

Sabrina
JULY 2ND, 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.

 

No Legalization

 

Nebraska: Advocates for medical cannabis access in Nebraska are making their “final plea,” as their petition campaign reports needing 12,000 more signatures before the July 3 turn-in deadline. With less than two days left, Nebraskans for Medical Marijuana (NMM) Campaign Manager Crista Eggers tells KLIN News they’re still in the game, but “we are down to the absolute wire.”

Source: https://klin.com/2024/07/01/nebraskans-for-medical-marijuana-petition-makes-final-push-for-12000-signatures/

 

CBD

 

North Carolina: A move to legalize medical marijuana statewide has failed, despite bipartisan backing of state senators, including a Republican representing Buncombe County who had previously voted no.The GOP-majority Senate voted 36-10 in late June to allow cannabis for medical uses. But the N.C. House of Representatives did not take up the bill. Now with the General Assembly adjourning and legislators coming home from Raleigh, it appears dead.

Source: https://www.citizen-times.com/story/news/local/2024/07/01/nc-medical-pot-stalls-had-support-of-asheville-buncombe-senators/74246061007/

 

South Carolina: The North Carolina Senate gave final approval to a medical cannabis legalization bill this week, sending the proposal to the House for consideration. Notably, the proposal would not legalize adult-use cannabis even under federal reforms. House Speaker Tim Moore (R) as said that he supports legalizing medical cannabis but that the proposal is unlikely to be considered in the House because not enough House Republicans support the issue. The new language seeks to get the approval from the chamber’s more conservative members.

Source: https://www.ganjapreneur.com/north-carolina-senate-gives-final-approval-to-medical-cannabis-legalization/

 

Medical

 

Alabama: An Alabama judge Tuesday said he would enter another temporary restraining order on the stalled licensing process for medical cannabis licenses. Montgomery County Circuit Judge James Anderson directed companies denied a license and the Alabama Medical Cannabis Commission (AMCC) to provide a jointly proposed order that would allow investigative hearings on awarded licenses to continue but would prevent those licenses from being issued.

Source: https://alabamareflector.com/2024/07/03/alabama-judge-extends-hold-on-medical-cannabis-licensing/

 

Kentucky: Kentuckians can now begin applying for a cannabis business license, and medical providers can apply to Kentucky’s Board of Medical Licensure and Board of Nursing for permission to write cannabis prescriptions. Applications will remain open until Aug. 31. There are a limited number of licenses that the state will distribute to cultivators and dispensers, and winners will be chosen in a lottery system. Kentucky will award 48 licenses to dispensaries in 11 regions across the state, 10 to processors and 16 to cultivators.

Source: https://kentuckylantern.com/briefs/applications-now-open-for-kentucky-cannabis-business-licenses/

 

Pennsylvania: Legislators pushing a bipartisan bill to legalize recreational marijuana warn that, without action, neighboring states will supply the drug — and carry away the tax revenue. The bill is 220 pages long and proposes regulations under the Department of Agriculture for the adult-use program, “guardrails” to eliminate the illegal market, automatically expunging non-violent marijuana criminal convictions, offering priority licenses to marijuana businesses based on socio-economic equity rules, and funding public defenders along with law enforcement to enforce the new regulations.

Source: https://northpennnow.com/news/2024/jun/28/fast-action-sought-in-pennsylvania-on-220-page-marijuana-bill/

 

Recreational

 

Maryland: On March 14 and June 28, MCA conducted lotteries for the Social Equity Licensing round. A total of 205 applicants were selected across the micro and standard grower, processor and dispensary categories.  These drawings collectively represent the maximum number of licenses the MCA was authorized to award for the first round under 36-404(d) of the Alcoholic Beverages and Cannabis Article.

Source: https://cannabis.maryland.gov/Pages/Cannabis-Business-Licensing.aspx

 

Ohio: Thirty-one of Ohio’s medical cannabis retailers received provisional licensure June 21 to transition their operations to the state’s forthcoming adult-use program. Still, an actual launch date for dispensary sales remains somewhat of a riddle, even though it could be just days away.

Source: https://thelandcle.org/stories/ohios-adult-use-cannabis-sales-launch-what-to-know/

 

Virginia: The Virginia Cannabis Control Authority postponed its decision to award a medical cannabis license for a region encompassing the Shenandoah Valley and parts of central Virginia. The CCA was expected to name a licensee from among 40 applicants at its June 26 meeting. However, Shawn Casey, deputy chief of CCA’s regulatory affairs office, said staff need more time to review the 16,000 pages of application materials, according to Virginia Business.

Source: https://www.greenmarketreport.com/virginia-delays-medical-license-decision-for-shenandoah-region/

 

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.

YOU MIGHT ALSO BE INTERESTED IN

SIGN UP TO STAY INFORMED

IT’S TIME TO GET GROWING.

Better growth and a clear plan forward is what your business needs. Reach out to us to book a consultation or get your action plan
started.
CONTACT