Marijuana Business Daily

Legislation would give MMJ operators edge in Maryland’s rec cannabis market

Published

2 years ago

February 8, 2023

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Maryland lawmakers introduced adult-use cannabis legislation that would give medical marijuana operators in the state an advantage while also aiming to create equitable opportunities in the industry.

According to The Washington Post, lawmakers are racing to hammer out adult-use regulations before July 1 in hopes of curbing illicit sales seen in the lead-up to adult-use sales in other states such as New York.

Under the constitutional amendment that Maryland voters passed in November, adults can legally use and possess cannabis as of July 1.

Senate Bill 516, filed Friday, stipulates:

Medical cannabis licensees who were operational before October 2022 could convert to recreational licenses for a one-time fee of $100,000 to $2.5 million based on their 2022 gross revenue. A total of 75 cultivation licenses, 100 processor licenses, 300 dispensary licenses and 15 on-site consumption licenses would be allowed in the first phase of

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Florida approves 22 applicants for medical marijuana dispensary licenses

Published

1 week ago

November 26, 2024

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The wait is over for 74 applicants in Florida hoping to secure Medical Marijuana Treatment Center licenses.

The state’s Office of Medical Marijuana Use on Tuesday published the list of 22 companies that received “letters of intent to approve” their license applications.

In Florida, medical cannabis dispensaries are called Medical Marijuana Treatment Centers (MMTC).

The successful applicants were:

A Good Decision Alamanda Farms East Coast Packers FG Operating Florida Florida Sports Consultants (doing business as Belushi’s Farm Florida) Gates Housing Group Global Investment Group (dba Infinite Wellness) Green Point Research Healing Greene FL KCOF (dba Klutch Cannabis) King Palms O’Donnell Landscapes Pioneer Growers of Florida Pure Beauty Farms RAAB (dba Canna Direct) Star Buds Florida Statewide Property Holdings FL Stiiizy Florida

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Rejected applicants sue Minnesota over marijuana social equity licensing process

Published

2 weeks ago

November 22, 2024

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Two women are suing Minnesota’s cannabis regulator after being denied an opportunity to participate in the upcoming lottery for adult-use marijuana social equity business licenses.

Cristina Aranguiz and Jodi Connolly allege in a lawsuit they filed Thursday allege that Minnesota’s Office of Cannabis Management (OCM) made an “arbitrary and capricious decision” in denying their applications to participate in the lottery and offered no explanation, the Minnesota Reformer reported.

Earlier this week, the OCM announced that roughly two-thirds of the 1,817 social equity license applicants had been disqualified because they failed to complete the application process, turned in multiple applications or disguised the true investors in their companies.

The plaintiffs’ complaint – which also names the OCM’s interim director, Charlene Briner – alleges

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USDA assumes oversight of Michigan hemp farmers

Published

2 weeks ago

November 22, 2024

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Michigan hemp farmers are operating under the U.S. Department of Agriculture now that the state has shut down its industrial hemp program.

According to Hemp Today, the change means farmers are subject to stricter pre-harvest THC testing protocols that require all tests to be conducted at Drug Enforcement Administration-approved laboratories once that program is up and running.

Compliance requirements also are more stringent, with more detailed recordkeeping and reporting mandated.

But some of the changes will benefit hemp farmers, according to Hemp Today.

For example, licensing fees will be lower than the $1,350 that hemp farmers were paying to grow their crops.

“Now that more uses of industrial hemp products in the building and animal feed sectors are starting to emerge, this

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