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“We are working to create a market that is controlled, regulated and responsible”

Five years after Virginia legalized simple possession of adult marijuana, lawmakers are deadlocked on how to finally create a legal retail market after the General Assembly last week rejected more than 40 changes proposed by Gov. Abigail Spanberger and sent the legislation back to her desk.

The move leaves Spanberger with a binary choice: Sign the long-discussed proposal to launch retail sales, or veto it and prolong a years-long stalemate that has left Virginia in a legal gray area where cannabis is legal to possess but not legally to buy.

The deputy governorwhich disappointed many lawmakers and stakeholders, would delay the latest start of retail sales until July 1, 2027, while restructuring much of the legislative framework were negotiating during the session.

“Five years ago, the commonwealth took the first steps to legalize marijuana — and for five years, the job remained unfinished,” Spanberger said in a statement.

To read the rest of this article on WTOP, Click here

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A New York Apple Orchard Bet The Farm On Cannabis

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A New York Apple Orchard Bet The Farm On Cannabis

As the truck pulls up to the loading bay of a warehouse at a 1,000-acre apple farm in Lafayette, New York, a worker rolls back the door to the loading area, revealing 35 three-foot-tall sacks filled with 5,000 pounds of weed.

Eddie Brennan, the 44-year-old president and CEO of Beak & Skiff Farms, known for its 1911 hard cider brand, and CEO of Ayrloom, the Empire State’s top-selling cannabis company, watches as his employees haul bags of cannabis to the door of the extraction lab. Today’s harvest will be crushed and then put through an ethanol extraction process (the ethanol comes from a nearby distillery) and made into a vape. Entering the legal cannabis industry was a risk, but Brennan’s family business, which has historically depended on seasonal apple sales for 80% of its revenue, needed to expand into the fast-growing sector.

“Every generation thinks they’re going to lose it—the fear is part of the business plan,” says Brennan, a fifth-generation co-owner of the family farm. “Nothing lasts forever and you have to constantly evolve.”

To read the rest of this article on Forbes, Click here *PAYWALL*

Post A New York apple orchard has become a cannabis farm first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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“No One Goes First”

Amsterdam-style lounges with cannabis are still coming to Massachusetts — just much more slowly than many business owners expected.

Six months have passed since the day of the commission on the fight against hemp approved regulations for these businesses. But the cities almost did not pass zoning changes for businesses to move forward – and the commission hasn’t opened up licenses for applications. Both the municipalities and the commission say they are waiting for others to move forward.

Meanwhile, businesses across the state are losing money as they wait for the opening. Many have spent tens of thousands of dollars renting, renovating and planning new public smoking areas.

To read the rest of this Boston Globe article, Click here

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