Marijuana Business Daily

Judge blocks Arkansas ban on delta-8 THC, other hemp products

Published

1 year ago

September 8, 2023

admin

In at least a temporary victory for the Arkansas hemp industry, a federal judge blocked enforcement of a recent state ban on products containing intoxicating hemp-derived cannabinoids such as delta-8 THC.

Calling the ban confusing and arbitrary, U.S. District Court Judge Billy Roy Wilson on Thursday granted an injunction that stops the state from enforcing it, according to Little Rock TV station KTHV.

The judge’s ruling stemmed from a lawsuit filed by four hemp-product makers in July – the day before the ban was to take effect.

The suit argued the ban was “unconstitutionally vague.”

Arkansas in May became the latest state with a legal marijuana industry to regulate or ban intoxicating hemp-derived products, which have exploded in popularity since the 2018 Farm Bill legalized hemp production nationwide.

The judge wrote in his decision that “Arkansas law criminalizes hemp derived products without an effective exemption for

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Cannabis operators share tips for licensing brands

Published

3 days ago

December 19, 2024

admin

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

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

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

Published

5 days ago

December 17, 2024

admin

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

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Alabama temporarily reduces most marijuana license fees

Published

1 week ago

December 13, 2024

admin

Members of the Alabama Medical Cannabis Commission (AMCC) voted to reduce most marijuana business license fees by 25% during a Thursday meeting.

With annual license fees ranging from $30,000 to $40,000, the regulatory agency will lose revenue totaling $147,500, AMCC spokesperson Brittany Peters told 1819 News.

“It’s just a one-time reduction,” Peters said.

“They’ll return to the fee schedule that was adopted by the commission in 2022 after that.”

Several Alabama medical marijuana cultivators that won licenses in December 2023 asked for the fee reduction, arguing that operations are stalled by ongoing legal arguments about the licensing process.

Oral arguments are set for Jan. 13 in one medical marijuana-related lawsuit.

“It costs a lot

Read full article on Marijuana Business Daily

Source link