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Virginia lawmakers pass tough delta-8 THC restrictions

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Virginia lawmakers approved tough new restrictions on products containing the controversial hemp-derived cannabinoid delta-8 THC.

Under a compromise bill hammered out Friday, the last day of the General Assembly session, sellers of intoxicating hemp-derived cannabinoid products would need to obtain a state license.

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They would also be barred from selling products with more than 2 milligrams of THC per package, or more than 0.3% THC overall.

Products would also have to obey labeling requirements.

Violators could be fined $10,000 a day for each infraction, the Virginia Mercury reported.

The bill overwhelmingly passed the Virginia General Assembly.

Republican Gov. Glenn Youngkin, a supporter of tougher restrictions on products containing delta-8 THC, is expected to sign the bill into law.

Advocates for the state’s hemp industry say the restrictions spell the end for a viable legal hemp market that’s emerged since Congress passed the 2018 Farm Bill.

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MJBizCon panelists issue cannabis industry predictions for 2025

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LAS VEGAS – Hearings to reschedule marijuana began only this week, but the cannabis industry should look for the U.S. Drug Enforcement Administration to reclassify the plant in 2025.

That’s the prediction that MJBizDaily political reporter Chris Roberts made Wednesday during the annual “State of the Industry” general session at MJBizCon, the world’s largest B2B cannabis industry event.

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“I think rescheduling does happen – I think it happens sometime in 2025,” Roberts said on stage at the Las Vegas Convention Center.

Moving marijuana from Schedule 1 of the Controlled Substances Act – a category reserved for substances with no accepted medical use and high potential for abuse – to Schedule 3 would exempt regulated cannabis operators from the burdensome Section 280E of the Internal

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Florida approves 22 applicants for medical marijuana dispensary licenses

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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.

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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

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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.

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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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