Latest Cannabis News: October 19, 2022

Latest Cannabis News: October 19, 2022

Shelby Knight
OCTOBER 19TH, 2022

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.

 

Dry

 

Kansas: Kansas lawmakers met on Wednesday for the first of three scheduled meetings to discuss the path forward for medical marijuana legalization in the state.

Members of the Special Committee on Medical Marijuana, which a bicameral legislative panel formed in June, heard from state officials, law enforcement and an Oklahoma medical cannabis regulator as they work to craft a reform bill for the upcoming 2023 session.

There was discussion about issues such as THC potency, methods of consumption, tax and fee structures and more. A legislative staffer started the meeting by detailing and comparing two medical cannabis bills that have been filed in past sessions.

Source: https://www.marijuanamoment.net/kansas-lawmakers-hold-first-of-three-medical-marijuana-hearings-with-plans-to-draft-new-reform-bill-in-coming-weeks/

 

Recreational

 

Nevada: Applications are official open in Nevada for marijuana consumption lounges—a license type that many are hopeful will attract cannabis tourism and further drive sales. The Nevada Cannabis Compliance Board (CCB) started accepting the applications on Friday morning, and the window will close on October 27.

This comes more than a year after Gov. Steve Sisolak (D) signed a bill from Assemblyman Steve Yeager (D) legalizing consumption lounges. Existing retailers are able to apply for one lounge license category to build onto their operations, and there will also be independent lounges that can enter into a contract with a retailer to purchase and prepare ready-to-consume marijuana products for resale.

However, they’re only authorized to issue up to 20, half of which must be for social equity applicants.

Source: https://www.marijuanamoment.net/nevada-is-now-accepting-marijuana-consumption-lounge-applications/

 

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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