Latest Cannabis News: May 7, 2024

Latest Cannabis News: May 7, 2024

Sabrina
MAY 7TH, 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 new effort for legalizing marijuana in Kansas aims to put lawmakers in the crosshairs by forcing a public a yes or no commitment. Past legalization measures have failed in the statehouse. Advocates point to at least one survey showing the majority of Kansas voters support it. The newly created Cannabis Justice Coalition is counting on that support to sway voters as state elections get underway this summer. Cannabis Justice Coalition is focusing on providing a candidate report card to voters who feel passionate about the topic. The group is pushing for full legalization in one fell swoop, skipping the step of legalizing medical first.

Source: https://www.kctv5.com/2024/05/07/kansas-cannabis-legalization-advocates-form-new-group-grade-lawmakers/

 

CBD

 

South Carolina: A yearslong effort to legalize marijuana strictly for medical use in South Carolina may have to wait another year. There are less than two weeks left in the legislative session. As of Wednesday, that amounts to five days before lawmakers finish their work for the year. If the bill fails to become law by May 9, it’ll have to be refiled next year.

Source: https://www.southcarolinapublicradio.org/sc-news/2024-05-01/legis-medicalmarijuana

 

Medical

 

Florida: Florida Gov. Ron DeSantis (R) is again lashing out at marijuana legalization as voters prepare to decide on a ballot initiative in November, warning that the reform would negatively impact quality of life in the state. The governor, who has mocked legalization repeatedly in a series of recent comments, signaled that he may be taking on a more active role in the effort to defeat the cannabis reform as Election Day approaches. If approved, the measure would change the state Constitution to allow existing medical cannabis companies in the state, such as Trulieve, the campaign’s main financial contributor, to begin selling marijuana to all adults over 21. It contains a provision that would allow—but not require—lawmakers to take steps toward the approval of additional businesses.

Source: https://www.marijuanamoment.net/desantis-will-be-getting-involved-in-effort-to-defeat-marijuana-measure-on-florida-ballot/

 

New Hampshire: With a House-passed marijuana legalization bill now pending in the New Hampshire Senate, Gov. Chris Sununu (R) is repeating his warning that the proposal will only win his approval if lawmakers adopt further changes to align the plan with his wishes.

Source: https://www.marijuanamoment.net/new-hampshire-governor-will-sign-marijuana-legalization-bill-if-senate-makes-changes-he-says/

 

South Dakota: South Dakota activists are “extremely confident” they’ve collected more than enough signatures to qualify a marijuana legalization initiative for the state’s November ballot.

Source: https://www.marijuanamoment.net/south-dakota-marijuana-activists-extremely-confident-theyll-turn-in-enough-signatures-to-put-legalization-initiative-on-ballot-this-week/

 

Recreational

 

Delaware: Marijuana operators, other stakeholders and the general public in Delaware have until June 3 to weigh in on a litany of proposed business rules and regulations related to the rollout of adult-use sales next year.

The regulations, issued last week, cover a variety of topics, including retail, cultivation, processing and testing protocols, applications requirements, and security and safety measures.

Source: https://mjbizdaily.com/delaware-releases-proposed-regulations-for-adult-use-marijuana-sales/

 

Illinois: Illinois has issued 35 more conditional adult-use retail licenses to social equity applicants. The 35 recipients were among a group of 55 applicants selected from Illinois’ Social Equity Criteria Lottery, which was held in July 2023, according to a news release from the office of Gov. JB Pritzker.

Source: https://mjbizdaily.com/illinois-issues-35-conditional-social-equity-adult-use-marijuana-licenses/

 

Minnesota: Cannabis cultivators would be able to begin growing commercial crops starting later this year under a bill that passed through the Minnesota Senate on Friday 34-32. The bill moves next to a conference committee where lawmakers from the House and Senate will iron out differences between the bills. From there, it would have to get the okay from both chambers before making its way to the governor’s desk.

Source: https://www.mprnews.org/story/2024/05/03/minnesota-senate-green-lights-launching-licensed-cannabis-businesses-growing

 

Ohio: Lawmakers are looking into passing legislation that could jumpstart sales this summer, though it’s ultimately dependent on Republican legislators finding common ground to push the regulatory framework forward and approve it. Namely, the state’s Division of Cannabis Control (DCC) has created a plan to begin granting dual licenses to existing medical cannabis operators to start serving adult consumers early this summer.

Source: https://hightimes.com/news/ohio-gop-lawmakers-debate-adult-use-mj-priorities-eye-june-for-regulation-approval/

 

 

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