Legislative & Licensing Update: April 14, 2022

Lisa
April 14, 2022

Conditional licenses awarded in New Jersey

In this week’s cannabis legislative and licensing news:

Conditional license awards in NJ, public comment period in MA, banking bill progress in PA, veteran relief in MD, registration hurdles removed in VA, definitive statements from the governor in KY, early action in WI and ND, social equity licenses in AZ, plus Thailand to allow cultivation, and MT generates more jobs and tax revenue from cannabis than coal.

Learn more from Dalton below:

Massachusetts regulators are accepting public comment on draft marijuana business control and ownership guidance.

New York lawmakers have sent a budget with cannabis business tax breaks to Gov. Kathy Hochul as a partial 280E workaround

New Jersey’s Cannabis Regulatory Commission (CRC) approved the first 13 dispensaries that will be allowed to sell adult-use cannabis in the state earlier this week. Additionally, 34 conditional cultivation and manufacturing licenses were given preliminary approval by the CRC. Congratulations to all winners, including all of Canna Advisors’ clients whose applications have been reviewed.

Pennsylvania’s cannabis banking bill is heading to the Senate floor following its second committee approval

Maryland lawmakers voted—unanimously—to send Gov. Larry Hogan a bill to create a fund for providing “cost-free” access to psychedelics like psilocybin, MDMA, and ketamine to military veterans with PTSD and traumatic brain injury.

Virginia Governor Glenn Youngkin signed legislation making it so medical cannabis patients won’t have to register with state officials after receiving doctors’ recommendations.

Kentucky Governor Andy Beshear reiterated that he wants lawmakers to pass a medical cannabis legalization bill in the final days of the legislative session this week, but that he’s exploring potential executive actions if they fail to get it done.

The Wisconsin Assembly Committee on Insurance, Licensing and Forestry scheduled its first-ever hearing on a medical cannabis bill for 4/20.

North Dakota activists filed for a new marijuana legalization initiative for the 2022 ballot.

Montana is on pace to generate more jobs and tax revenue from cannabis than coal this year.

Arizona awarded 26 social equity licenses for recreational establishments through a random drawing that included more than 1,300 applicants in an effort to bring into the industry those from communities disproportionately impacted by the war on drugs.

Thailand‘s public health minister said people will be able to grow an unlimited amount of marijuana plans after June 9.

 

Contact our experts to understand how the latest cannabis news in your area impacts business opportunities.

 

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