Latest Cannabis News: September 13, 2022

Latest Cannabis News: September 13, 2022

Shelby Knight
SEPTEMBER 14TH, 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.

 

Medical

 

Missouri: A Cole County judge on Friday dismissed a lawsuit that sought to remove a recreational marijuana measure from the Nov. 8 ballot. If approved by voters, the proposed constitutional amendment would allow people ages 21 and older to buy and grow marijuana for personal consumption.

Jefferson City resident Joy Sweeney sued last month after Secretary of State Jay Ashcroft certified the initiative petition for the ballot despite initial results from counties showing canvassers had failed to collect enough valid signatures in the 6th and 7th congressional districts.

Source: https://www.stltoday.com/news/local/marijuana/judge-tosses-lawsuit-targeting-missouri-recreational-marijuana-question/article_6e394618-77c6-5014-994b-b9f887a4360c.html

 

 

Recreational

 

 

Connecticut: The Connecticut Social Equity Council has reached its cap for approving equity joint venture applicants to retail legal cannabis. “Equity joint ventures are ongoing,” Ginne-Rae Clay, the council’s interim executive director, said during its meeting on Wednesday, Sept. 7, where 11 new lottery and social equity applications were approved. “We anticipate that October could be the final votes on social equity applications,” she added. As of September 7, the council has approved nine joint equity venture applications and denied 24.

Source: https://www.wshu.org/connecticut-news/2022-09-08/connecticut-regulators-approve-11-new-lottery-and-social-equity-applications-to-sell-cannabis

 

Massachusetts: After Massachusetts’ governor recently signed sweeping legislation focused on promoting diversity and equity in the state’s $2 billion marijuana industry, Ava Callender Concepcion of the Cannabis Control Commission told reporters she was “shaking with relief and happiness.”

The marijuana-focused law covers a broad range of issues, from creating a Social Equity Trust Fund to help entrepreneurs raise capital to keeping a lid on the controversial fees levied by municipalities on local cannabis businesses. The reform package also allows municipalities to pass bylaws or to vote on whether to allow cannabis consumption lounges as well as permitting businesses to open such venues in localities  previously approved through a pilot program.

Source: https://mjbizdaily.com/new-massachusetts-marijuana-reform-law-targets-diversity-municipal-fees/

 

Rhode Island: With sales of recreational marijuana scheduled to begin Dec. 1 at Rhode Island’s medical marijuana dispensaries, officials at some of those establishments are anxious to know what specific requirements they’ll have to follow.

That guidance is coming next month, said Matt Santacroce, acting deputy director of the state Division of Business Regulation and head of its Office of Cannabis Regulation.

Source: https://www.providencejournal.com/story/news/local/2022/09/12/ri-shops-selling-recreational-pot-will-require-sufficient-supply-for-marijuana-patients/8035257001/

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 INTRESTED 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