Marijuana Business Daily

When will Ohio launch adult-use cannabis sales? Here’s what we know

Published

2 months ago

July 9, 2024

admin

The calendar has flipped well into July, and Ohio regulators have yet to grant any final approvals for retailers to launch adult-use cannabis sales.

The delays are an unwelcomed reality for local operators who hoped to cash in the perennial boost of the Fourth of July weekend, one of the busiest purchasing days of the year for the industry.

Meanwhile, more than 100 retailers in the process of receiving dual licenses are restricted from serving consumers until they receive so-called “certificates of operation,” the Ohio Capital Journal reported.

Such requirements include potential inspections and point-of-sale integrations that distinguish between medical and recreational sales for state tracking purposes.

Potential launch date came and went

Though expectations were hyped by politicos that recreational marijuana sales

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Colorado cannabis operator seeks financial damages in counterclaim

Published

2 days ago

September 5, 2024

admin

Bonanza Cannabis Co. is seeking financial relief from one of Colorado’s largest cannabis cultivators that filed a complaint against the brand in June alleging it knowingly sold products with illegal hemp-derived THC.

In a Thursday news release, Englewood, Colorado-based Bonanza called the allegations levied by Mammoth Management and its affiliates – Mammoth Farms and Mammoth Manufacturing – “baseless” and an improper use of the legal system to hurt its business and boost Mammoth’s sales.

Bonanza said it is seeking financial damages to be determined at trial.

“We were leery of the allegation because there is currently no test identifying hemp-derived THC that has been required nor sanctioned by Colorado’s Marijuana Enforcement Division (MED),” Bonanza co-founder and co-owner Conlan Keller told MJBizDaily via

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Kentucky gets landslide of medical marijuana business applications

Published

4 days ago

September 3, 2024

admin

More than 2,600 applications for medical marijuana business licenses in Kentucky were filed before Saturday’s deadline.

That’s according to data from the Kentucky Office of Medical Cannabis, Louisville TV station WLKY reported.

Of those applications, more than 2,200 were for 48 MMJ dispensary licenses.

The application window in Kentucky was open from July 1 to Aug. 31.

The next step in the licensing process will be an October lottery to decide which operators will be licensed when the program launches in 2025.

MMJ license applicants have been tasked by the Kentucky Medical Cannabis Program with creating extensive business plans.

Pperhaps a bigger concern for MMJ license applicants, according to the Kentucky chapter of the National Organization for the Reform of Marijuana Laws

Read full article on Marijuana Business Daily

Source link

Marijuana Business Daily

Nebraska medical marijuana legalization measures near ballot certification

Published

1 week ago

August 30, 2024

admin

Two proposed referendums in Nebraska that would legalize medical marijuana and protect MMJ patients from prosecution appear to have qualified for the state’s November ballot.

But Secretary of State Bob Evnen has asked county election offices to continue verifying signatures until they reach the 110% threshold required by state law.

Separate petitions to put the Nebraska Medical Cannabis Patient Protection Initiative and the Nebraska Medical Cannabis Regulation Initiative on the ballot both surpassed the requirement of 87,126 valid signatures to make it onto the Nov. 5 ballot, according to a Friday news release from the secretary of state’s office.

The release noted that the petitions had not yet been certified but confirmed that 89,051 valid signatures had been collected.

The measures “will

Read full article on Marijuana Business Daily

Source link