The New York State Office of Cannabis Management provided an update on their increased efforts to battle the illegal cannabis industry in the state at the meeting today. As part of the FY 2024 Budget, Governor Hochul approved legislation on May 3, 2023, permitting increased enforcement by OCM against unauthorized cannabis enterprises. The law now allows OCM
Tag: Cannabis Regulations
Everything you should know about the Minnesota Cannabis Legalization program
Governor Tim Waltz is anticipated to sign a comprehensive, 320-page measure legalizing marijuana in the state, making it the 23rd state in the US to do so. The Office of Cannabis Management website is live, so things are rushing in the state. What, then, is contained in the law’s language? What might we anticipate as
Maryland’s Social Equity Legal Cannabis Program What’s Next?
Maryland plans to issue adult-use cannabis business licenses in two licensing rounds, according to the Baltimore Banner—the first round launches on January 1, 2024, and is reserved for social equity applicants. The market will launch with a voter-approved legalization measure on July 1, 2023. Governor Wes Moore states, “It’s the first step in ensuring an
Missouri Cannabis Legalization – Proposed Rules in 2023
On March 1, 2023, proposed regulations were published in the Missouri Register. During the public comment period, which ran from March 1 to March 31, 2023, the agency received more than 800 comments from the public requesting revisions to the guidelines. The Missouri Constitution’s Article XIV, Sections 1 and 2, may be enforced by rules
Everything you should know about Missouri Microbusinesses
In November, Missouri citizens chose to legalize cannabis for adult use. That constitutional amendment also provided a framework for micro businesses—business licenses that allowed more middle-class citizens to enter the cannabis industry as owners. Our regulatory experts in this blog will give an overview of the FAQs the leaders have been asked about who qualifies for the
Why High-Growth Cannabis Companies Need Good Risk Management
Risk Management for Cannabis Companies by Alpha Root: Some states are making extraordinary efforts to facilitate cannabis startups. The major credit goes to cannabis insurance companies! On the other hand, a number of factors threaten their success. The government’s prohibition of cannabis use is one of the biggest risks. Keeping up with all these law