Mayor Eric Adams is teaming with Manhattan District Attorney Alvin Bragg to crack down on illegal cannabis shops by using some new tactics. The city is seeking to leverage a little-used provision of New York’s Real Property Actions and Proceedings Law to get building landlords to evict store owners who sell marijuana without a license. If the landlords do not take action, the … [Read more...] about Crackdown on illegal weed shops expands, as Manhattan DA asks landlords to evict violators
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Cannabis MSO MedMen warns about cash situation, ability to stay afloat
California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to “meet its obligations” for the next year and that there are questions about its ability to stay in business. MedMen’s latest quarterly filing with securities regulators noted that the company has only $15.6 million in reserves and a working capital … [Read more...] about Cannabis MSO MedMen warns about cash situation, ability to stay afloat
Marijuana sales in New Mexico total $40.2 million in January
New Mexico sales of regulated recreational and medical marijuana totaled $40.2 million in January. Data from the state cannabis regulator shows that the monthly total includes roughly $26.5 million in adult-use sales and $13.8 million in medical marijuana sales. New Mexico had 585 total sales outlets as of January, according to the Cannabis Control Division of the New Mexico … [Read more...] about Marijuana sales in New Mexico total $40.2 million in January
Dallas Could Legalize Recreational Cannabis Use Under House Bill 1937
If House Bill 1937 is passed, the Texas Department of Licensing and Regulation would need to start issuing licenses to cannabis operations by November 2024. Cannabis Pictures, CC BY 2.0, via Wikimedia Commons Rep. Jessica González, a Dallas Democrat, filed a bill this week that would allow counties and cities to legalize the recreational use of cannabis for adults. Under … [Read more...] about Dallas Could Legalize Recreational Cannabis Use Under House Bill 1937
Louisiana’s largest medical marijuana farm doubles weed growing capacity
Louisiana's largest medical marijuana producer is doubling its cannabis growing space in 2023, citing projections for higher demand and new laws it believes have streamlined regulations. Good Day Farm, the private partner of the LSU AgCenter, is adding 40,000 square feet of cultivation capacity at its 225,000-square-foot mega facility in Ruston. “With the significant … [Read more...] about Louisiana’s largest medical marijuana farm doubles weed growing capacity
New York Regulators Recommend Cannabis Program Expansion to Lawmakers
In its inaugural annual report filed with the state legislature, the New York Office of Cannabis Management’s leadership team offered up eight policy recommendations for lawmakers to consider, including one suggestion to greatly expand the medical marijuana program. That suggestion alone could lead to major industry upheaval, depending on how it plays out. The OCM oversees a … [Read more...] about New York Regulators Recommend Cannabis Program Expansion to Lawmakers
Cannabis dispensary and rehabilitation center struggling to coexist in plaza
SACRAMENTO, Calif. — Two businesses are at odds fighting to stay in the same commercial plaza. Diamond House Detox is a rehabilitation and substance abuse treatment center located on Bruceville and Valley High in south Sacramento. They are concerned about a new marijuana dispensary opening. But the city already approved the dispensary prior to the rehabilitation center … [Read more...] about Cannabis dispensary and rehabilitation center struggling to coexist in plaza
Michigan marijuana processor’s license pulled after untagged product found in trash bags
Michigan's Cannabis Regulatory Agency has suspended the license of cannabis processor Candid Labs — which does business as Layercake Farms 2 and is located in Corunna, near Owosso — after agency staff observed several bags, plants and jars filled with cannabis products that were not entered into the state's tracking system. The agency's formal complaint said that agency staff … [Read more...] about Michigan marijuana processor’s license pulled after untagged product found in trash bags
The story behind: the Bronx Cannabis Hub
Bronx Borough President Vanessa Gibson speaks during the launch of The Bronx Cannabis Hub on July 24, 2022. The Bronx Cannabis Hub, an offshoot of nonprofit public defender group The Bronx Defenders, is taking the social justice-minded mission of its parent organization and applying it in New York’s fledgling cannabis industry. The Hub, which is operated in partnership with … [Read more...] about The story behind: the Bronx Cannabis Hub
Does racism exist in the Illinois cannabis industry?
SPRINGFIELD, Ill. (WTVO) — Illinois is conducting a taxpayer-funded study to find out if racial discrimination exists within the state’s recreational marijuana industry. The Illinois Cannabis Regulation Oversight Officer will conduct a Cannabis Disparity and Availability Study to analyze whether or not discrimination exists in the state’s system or awarding of licenses to … [Read more...] about Does racism exist in the Illinois cannabis industry?