Latest Cannabis News: October 8, 2024

Latest Cannabis News: October 8, 2024

Sabrina
OCTOBER 8TH, 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: Attorney General Mike Hilgers, in a legal filing Friday on behalf of Secretary of State Bob Evnen, told a Lancaster County District Court judge that an ongoing investigation “casts serious doubt regarding the ultimate validity of approximately 49,000 signatures” on two medical cannabis petitions.

Source: https://nebraskaexaminer.com/2024/10/07/ag-secretary-of-state-target-nearly-100000-signatures-on-nebraska-medical-cannabis-petitions/

 

CBD

 

Georgia: As of Tuesday, October 1st The Georgia Hemp Farming Act has taken effect. This Act makes it illegal for individuals under the age of 21 to buy, sell, or possess consumable hemp products. The law also requires retailers, and wholesalers of consumable hemp who operate in Georgia to have a license.

Source: https://www.wuga.org/local-news/2024-10-02/new-cannabis-law-in-georgia

 

 

Medical

 

Arkansas: The Supreme Court’s ruling comes as a preliminary injunction in the ongoing legal battle. Arkansans for Patient Access (APA) sued the state on Tuesday after Secretary of State John Thurston declared the group fell 2,664 signatures short of the amount needed to qualify for the November ballot. The proposed amendment seeks to expand the medical marijuana program established in 2016. It aims to broaden the definition of medical professionals authorized to certify patients, include more qualifying conditions and extend the validity of medical cannabis cards from one to three years.

Source: https://www.benzinga.com/markets/cannabis/24/10/41177092/arkansas-supreme-court-orders-state-to-count-all-disputed-medical-marijuana-ballot-signatures-af

 

Kentucky: Kentucky will award Cultivator and Processor licenses before Dispensary licenses. The lottery for Cultivators and Processors will be held on October 28th. The first Safety Compliance Facility license was awarded on September 26.

Source: https://www.youtube.com/watch?v=yQjghg1tmSI

 

North Dakota: Voting yes for the recreational marijuana measure, or Measure 5, would create a new chapter in the North Dakota Century Code allowing the production, processing and sale of cannabis as well as its legal possession for those 21 and older.

The poll found 45% in favor of legalization, with 40% opposed, and another 15% undecided.

Source: https://www.grandforksherald.com/news/north-dakota/poll-most-2024-north-dakota-ballot-measures-appear-too-close-to-call

 

Pennsylvania: With just over one month left in the legislative session, political activists are in the final push to get their issues passed into law. Riedy doesn’t believe marijuana will be legalized this session due to the short turnaround time from when the bill was introduced to Congress in September and the end of the session in mid-November.

Source: https://www.fox43.com/article/news/politics/marijuana-legalization-up-against-the-clock-as-legislative-session-closes/521-7a59203e-e706-4088-9407-0be9e81e0d2f

 

Recreational

 

Delaware: The first lottery phase is scheduled to take place on October 24, 2024, and will be broadcast live on the Facebook Live platform. OMC will provide additional details regarding the lottery process as this important date approaches. However, due to the significant interest in the Retail category, OMC will conduct a separate lottery for all Retail licenses and any other license categories not reviewed in time for the first lottery in October. This lottery phase is tentatively scheduled for late November or early December.

Source: https://news.delaware.gov/2024/10/03/omc-receives-more-than-1000-applications-for-licenses-and-prepares-for-the-lottery-process/

 

Rhode Island: The Rhode Island Cannabis Control Commission may finally be ready as early as the end of the month to decide how it will define who qualifies as a “social equity applicant” for one of a half dozen cannabis retail licenses.

Source: https://rhodeislandcurrent.com/2024/10/04/r-i-cannabis-regulators-closing-in-on-social-equity-rules/

 

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

/* CBA native share bar — replaces the retired AddThis shortcode in .share-it on single posts */ (function () { function initShare() { var box = document.querySelector('.share-it'); if (!box || box.querySelector('.cba-share')) return; if (!document.getElementById('cba-share-css')) { var css = document.createElement('style'); css.id = 'cba-share-css'; css.textContent = '.share-it{font-size:0}.share-it h5{font-size:14px;letter-spacing:.08em}' + '.cba-share{display:flex;flex-wrap:wrap;gap:8px;margin-top:10px}' + '.cba-share a,.cba-share button{font:500 13px/1 inherit;padding:8px 14px;border:1px solid #cfd6cf;' + 'border-radius:999px;color:#2f6b34;background:#fff;text-decoration:none;cursor:pointer;transition:.15s}' + '.cba-share a:hover,.cba-share button:hover{background:#2f6b34;border-color:#2f6b34;color:#fff}'; document.head.appendChild(css); } Array.prototype.slice.call(box.childNodes).forEach(function (n) { if (n.nodeType === 3 && /\[addthis/i.test(n.textContent)) box.removeChild(n); }); var url = encodeURIComponent(location.href); var title = encodeURIComponent((document.title || '').replace(/\s*\|\s*CB Advisors\s*$/i, '').trim()); var links = [ ['X', 'https://x.com/intent/tweet?url=' + url + '&text=' + title], ['LinkedIn', 'https://www.linkedin.com/sharing/share-offsite/?url=' + url], ['Facebook', 'https://www.facebook.com/sharer/sharer.php?u=' + url], ['Email', 'mailto:?subject=' + title + '&body=' + url] ]; var bar = document.createElement('div'); bar.className = 'cba-share'; links.forEach(function (l) { var a = document.createElement('a'); a.href = l[1]; a.textContent = l[0]; a.setAttribute('aria-label', 'Share on ' + l[0]); if (l[0] !== 'Email') { a.target = '_blank'; a.rel = 'noopener noreferrer'; } bar.appendChild(a); }); var copy = document.createElement('button'); copy.type = 'button'; copy.textContent = 'Copy link'; copy.setAttribute('aria-label', 'Copy link'); copy.addEventListener('click', function () { var label = copy.textContent, done = function () { copy.textContent = 'Copied'; setTimeout(function () { copy.textContent = label; }, 1500); }; if (navigator.clipboard && navigator.clipboard.writeText) navigator.clipboard.writeText(location.href).then(done, done); else done(); }); bar.appendChild(copy); box.appendChild(bar); } if (document.readyState !== 'loading') initShare(); else document.addEventListener('DOMContentLoaded', initShare); })();