Iowa House Democrats introduce recreational marijuana legalization bill

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2 years ago

February 22, 2023

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Democratic state lawmakers in Iowa have unveiled a measure to legalize recreational marijuana in the state.

With Republicans in control of every branch of Iowa government, House Minority Leader Jennifer Konfrst’s bill is unlikely to see much progress.

However, Konfrst cited ongoing legalization experiments in nearby states, including conservative Missouri, as one of the motivations behind her party’s proposal in Iowa.

If signed into law, the bill would legalize up to 500 milligrams of THC for adults 21 and over, according to the Iowa Capital Dispatch.

Possession of half an ounce or less would be decriminalized.

Sales would be subject to a 10% state tax.

Iowa has a medical marijuana program in place, and sales reached $10.2 million in 2022.

But Republican legislators in the state have been clear about their opposition to adult use, the Capital Dispatch reported.

“In

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Cannabis operators report Instagram page ‘shadow bans’ and closures

Published

2 days ago

December 23, 2024

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Despite growing acceptance of cannabis, many state-regulated marijuana businesses say their social media pages are being hidden, engagement is being throttled and – in some cases – accounts are being shut down.

Because most states restrict marijuana ads from television, radio and print media, licensed operators have turned to social media platforms such as Instagram, owned by Meta, to spread their messages.

“Meta updated its terms and conditions about two weeks ago,” said John Greene, co-owner of Rhode Island cannabis cultivator CMS Gardens.

“As soon as that email was sent to Meta users, thousands of accounts that were related to cannabis started going down.”

Green described Meta’s previous guidelines as “more relaxed” until the update.

Meta did not respond to MJBizDaily requests for comment.

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Cannabis operators share tips for licensing brands

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6 days ago

December 19, 2024

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As more states adopt regulated marijuana programs, executives at licensed cannabis brands are seeking innovative ways to reach new markets.

Brand licensing, revenue-sharing, profit-sharing and franchising all are ways to circumvent restrictions on interstate commerce, said Avis Bulbulyan, CEO of California-based cannabis consulting firm Siva.

“It’s all really licensing, it’s just how you go about it,” Bulbulyan told MJBizDaily.

“There are 50 different ways to split the fees.”

Under licensing arrangements, which tend to be rigid, licensees typically pay for the right to use – not own – a brand’s product or intellectual property.

Licensing often includes an upfront fee, and the licensee assumes most of the financial risk because they must pay the brand regardless of revenue performance.

However, some brands are

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Ohio adult-use program was only new marijuana market launch in 2024

Published

1 week ago

December 17, 2024

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2024 will go down as one of the quietest years for marijuana market launches.

The debut of Ohio’s adult-use retail market on Aug. 6 is the lone standout, in contrast to perennial market expansion that’s been a bedrock of the industry for more than a decade.

Last year, by comparison, three states in the Northeast and Midwest launched recreational marijuana sales, while two in the Deep South began medical cannabis sales.

This year, Ohio became the 21st U.S. state to establish adult-use sales, following Maryland’s launch in July 2023 and Missouri’s debut in February 2023.

The gap of nearly one year between recreational market launches is believed to be the industry’s longest drought since the first wave of regulated, adult-use consumer access began in 2014.

“Insufficient funding for

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