Latest Cannabis News: March 26, 2024

Latest Cannabis News: March 26, 2024

Sabrina
MARCH 27TH, 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

 

Kansas: A bill recently introduced to Kansas’ legislature aims to finally kick off a formal medical cannabis program in the state. It seeks to create the medical cannabis pilot program act to establish limited cultivation, processing and dispensing of products. SB 555 was introduced on March 18. It would establish a program that would cover 16 medical conditions at this point, including cancer, fibromyalgia, traumatic brain injury and pain that is either chronic and severe or intractable.

Source: https://hempgazette.com/news/medical-cannabis-kansas-hg2173/

 

CBD

 

Wisconsin: After years of supporters failing to legalize cannabis in Wisconsin, Rob Pero is starting to unite tribal leaders in the state for a new lobbying and campaigning effort. He said the ICIA and its member tribes have agreed to launch a lobbying and campaigning effort this year to convince lawmakers and the public why medical cannabis should be legalized. Wisconsin Legislative Assembly Speaker Robin Vos said last month, two weeks before the ICIA summit, that an effort to legalize medical marijuana was likely dead for the legislative session.

Source: https://www.jsonline.com/story/news/local/wisconsin/2024/03/21/wisconsin-based-tribal-group-campaigns-to-legalize-medical-marijuana/72975723007/

  

Medical

 

Arkansas: A Griffithville man has filed paperwork for a constitutional amendment to legalize recreational marijuana in Arkansas. If passed, the amendment would legalize recreational marijuana for those 21 and older and require the state to issue licenses for dispensaries to sell the drug. Cedric King submitted ballot language for the amendment to the Arkansas Attorney General’s office Tuesday for review, a required step before he can begin the petition effort. The attorney general’s office has until April 2 to issue a response. To make the November ballot, the petition for the amendment will need 90,704 signatures turned into the secretary of state’s office by July 5. For prospective marijuana businesses, the amendment would require the state to issue two classes of licenses. A Class A license “would permit the possession, cultivation, transport and sale of recreational marijuana plants and seeds.” A Class B license “would permit the possession, cultivation, production, transport and sale of recreational marijuana plants, seeds, and permits the production and sale of produced from the plant,” according to the amendment’s ballot title. For both kinds of licenses, “any adult resident residing in the State of Arkansas for (3) years or more shall qualify to obtain such a license.” The maximum the state can charge for a Class A license is $250 and for a Class B license $500 a year.

Source: https://www.arkansasonline.com/news/2024/mar/21/white-county-man-files-paperwork-for/

 

Florida: Attorney General Ashley Moody has challenged the language of both an abortion proposal and a recreational cannabis proposal, leaving it up to the court to figure out whether the amendments are misleading and whether they deal with multiple issues instead of just one. According to the Florida Constitution, the justices “shall” rule on any challenged amendments no later than April 1. The court typically releases its decisions at 11 a.m. on Thursdays, but it doesn’t necessarily have to adhere to that schedule. This Thursday is the last one before April.

Source: https://www.tampabay.com/news/florida-politics/2024/03/25/florida-abortion-amendment-ban-marijuana-legal-pot/

 

Hawaii: A Senate-passed marijuana legalization bill in Hawaii has survived a close vote on the House floor, with members narrowly advancing the proposal to its final legislative committee as some lawmakers who oppose the reform warned of dire threats to public safety and everyday life in the state.

Source: https://www.marijuanamoment.net/hawaii-marijuana-legalization-bill-barely-clears-house-floor-vote-with-democratic-whip-urging-against-the-reform/

 

Pennsylvania: Pennsylvania lawmakers have held another hearing on marijuana legalization, this time focusing on criminal justice implications of prohibition and the potential benefits of reform.

 ResponsiblePA announced the formation of a coalition with the goal to help support the legalization of adult-use cannabis in 2024 through the Pennsylvania Legislature as lawmakers convened a hearing to discuss legalizing cannabis across the commonwealth. This move follows a recent budget address by Gov. Josh Shapiro during which he touted a windfall of $14.8 million in the industry’s first year of operation and $250 million in annual tax revenue once the industry is established.

Source: https://www.marijuanamoment.net/pennsylvania-joint-committee-takes-up-marijuana-legalization-as-governor-renews-push-for-reform/

https://www.cannabisbusinesstimes.com/news/pennsylvania-coalition-responsible-adult-use-cannabis-legalization/

 

South Dakota:  Supporters of legal cannabis are hoping the third time is a charm. The group ‘South Dakotans for Better Marijuana Laws’ is running another petition campaign across the state to once again put the issue of recreational marijuana on the ballot for voters to decide. This week the campaign announced they have collected more than 12,500 signatures, about half of what they hope to collect by the May 7th deadline.

Source: https://www.siouxlandproud.com/news/your-local-election-hq/third-attempt-at-bringing-legal-marijuana-to-south-dakota-voters/

 

Recreational

 

Delaware: Delaware senators have approved a House-passed bill to significantly expand the state’s medical marijuana program ahead of the launch of adult-use sales next year. The bill would make a series of changes to Delaware’s medical cannabis program, including removing limitations for patient eligibility based on a specific set of qualifying health conditions. Instead, doctors could issue marijuana recommendations for any condition they see fit. In other news, regulators have been releasing batches of proposed rules to stand up the market over the past couple months, with plans to finalize them in May.

Source: https://www.marijuanamoment.net/delaware-senators-approve-house-passed-bill-to-expand-medical-marijuana-access-by-letting-patients-65-self-certify-without-doctors/

 

Maryland: Maryland county governments could have less control on where recreational cannabis stores set up shop if a bill that moved ahead in the state General Assembly is passed into law.

House Bill 805 would make it more difficult for county governments to create zoning restrictions for adult-use retailers, according to Chevy Chase, Maryland-based radio station WTOP.

Source: https://mjbizdaily.com/maryland-cannabis-retail-zoning-would-be-less-restrictive-under-new-bill/

 

Minnesota: Minnesota’s marijuana law is changing to give businesses a head start on next year, but a license lottery has some people green with envy. The Office of Cannabis Management (OCM) laid out its proposed changes to the law Friday in the House and Senate. They’re trying to speed up the licensing process, reduce financial risks for applicants, and prevent phantom businesses. So they’re planning to give out some temporary licenses, including 50 for retailers. The concern is that out-of-town businesses will come to Minnesota and recruit people who qualify as social equity applicants to act as straw owners. Leaders at the OCM say they want the changes to make sure social equity businesses have access to cash. They’ll be vetted for viability, then entered into a lottery for the temporary licenses. Temporary licenses will convert to permanent licenses when the state makes those available. They’re hoping to do that sometime in the first three months of 2025.

Source: https://www.fox9.com/news/minnesota-marijuana-lottery

 

New York: Gov. Kathy Hochul this week announced the approval of more than 100 new state licenses to sell pot — even as New York’s embattled cannabis program is in the midst of a complete overhaul, and illegal shops continue to thrive. The state Cannabis Control Board on Friday approved 114 new licenses — more than doubling the number of stores that will legally be able to peddle marijuana products statewide to 223. Last week, Hochul finally called for an overhaul of the state Office of Cannabis Management, which runs New York’s cannabis industry, after admitting its roll-out was a “disaster.’’ Hochul tapped her Office of General Services Commissioner Jeanette Moy to conduct the 30-day examination of the program to try to streamline its licensing operation and the opening of new pot stores — a directive seen in and outside the weed industry as a belated attempt to stem a full-blown crisis occurring on the governor’s watch.

Source: https://nypost.com/2024/03/23/us-news/114-new-licenses-approved-for-new-yorks-troubled-pot-program-2/

 

Ohio: The superintendent of the division of cannabis control, James Canepa, said if no law changes are made, they will have applications for dispensaries ready by June 7, and will be issuing permits by Sept. 7. They are getting those applications ready all while rules are being made.

“Public comment, legislative comment, business comment, and all of that takes time,” Canepa said. “But we’ve kind of reversed engineered knowing how long those processes take to meet that first June 7 deadline.”

The proposed rules are on track to be done before the June 7 deadline.

Source: https://www.nbc4i.com/news/local-news/columbus/timeline-updated-for-recreational-marijuana-sales-in-ohio/

 

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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