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Montana Recreational Cannabis Officially Legal

Montana Recreational Cannabis Officially Legal

Montana legal cannabis became official on New Years day 2021

Once the clock struck midnight and 2021 began, marijuana became legal for recreational use in the state of Montana – but this new law does not come without some caveats.

“I imagine people… we’ll probably have some amount of people coming to all the stores ready to buy. But you know, we can’t do that,” said Joshua Gosney, the owner of Infinity Wellness.

While marijuana is now legal for recreational use, only two things have immediately taken effect. “Any individual will be allowed to grow a certain number of plants in their house and have a certain amount of product on them at all times,” Gosney said.

So you can grow it and possess it — but a lot goes into growing the cannabis plant.

“In Montana, you’re going to be primarily in an indoor situation, especially in the wintertime, so you’re going to need things like supplemental high-intensity lighting or LEDs, some type of watering apparatus. It’s some work,” explained Ryan Saghatelian, one of the owners of Greener Pastures.

It could be a while, though, before you can legally buy marijuana in Montana.

“Probably not going to be until 2022 when the licensing goes into play, so we’re kind of in a weird area right now where it’s legal to possess, but it’s not legal to purchase, so there’s a lot of uncertainty,” Saghatelian said.

And with new laws comes new responsibilities: “There will be limitations to what people can do. It’ll be up to the Legislature to make sure that they effectively regulate that in order to maximize tax revenue and public safety and public benefit without risking the public’s health,” Gosney said.

Smoking marijuana in public is not allowed, and Montana statute says no one can drive under the influence of any substance, according to Lt. Brandon Wooley with the Billings Police Department. He also noted: “We still will be involved in, let’s say, if you got four or five pounds on you and you’ve got evidence of trafficking and distribution. We’re still going to seize everything and we’re still going to forward through for the County Attorney’s office for prosecution.”

Supporters say legalizing recreational marijuana will generate much-needed tax revenue. A study by the University of Montana’s Bureau of Business & Economic Research estimated recreational marijuana could generate more than $43 million a year for the state.

However, some law enforcement, medical, and professional groups oppose the measures. They argue legalized marijuana will add to the state’s growing drug addiction problems, create safety concerns in the workplace, the risk of unintentional exposure to children, and increased marijuana use in adolescents.

Read Full Story from 3KRTV

Illinois starts new year by expunging nearly 500,000 marijuana arrest records

Illinois starts new year by expunging nearly 500,000 marijuana arrest records

Illinois expunges over 500,000 marijuana arrest records to start 2021

Illinois Gov. J.B. Pritzker (D) said in an announcement hours before the start of the new year that his state had expunged nearly 500,000 marijuana-related convictions.

The move follows Pritzker signing legislation in 2019 legalizing recreational marijuana use in the state starting in 2020. The expansive legislation also paved the way for 770,000 state residents to be eligible for expunging marijuana-related offenses.

Pritzker initially estimated it would take four years to start getting records expunged, but announced on Thursday that nearly 500,000 had already been tossed going into 2021.

“We reached this milestone one year into what will be an ongoing effort to correct historic wrongdoings fueled by the war on drugs,” he tweeted.

“We will never be able to fully remedy the depth of the damage in communities of color, who have disproportionately shouldered this burden. But we can govern with the courage to admit the mistakes of our past — and the decency to set a better path forward.”

Illinois joins more than a dozen states in recent years that have legalized marijuana recreationally and sought to address convictions related to the drug.

California, Colorado, Delaware, Hawaii, Illinois, Massachusetts, New Hampshire, New Mexico, Nevada, New York, North Dakota, Oregon, Rhode Island and Washington have each enacted legislation to explicitly expunge or seal the records of those convicted of low-level marijuana crimes.

Original Story from The Hill

12 Cannabis Industry Predictions for 2021

12 Cannabis Industry Predictions for 2021

Cannabis industry predictions for 2021

2020 was a crazy year in more ways than one.

Beside the obvious factor that impacted everybody’s lives for the last 10 months, cannabis has also seen some huge changes. From industry trends to overall growth, 2020 was the most progressive and profitable year for the industry so far.

There were still some lows however, like the MORE Act being passed in the House but stalled indefinitely in the Senate. California has had its fair share of issues with their legal market as well due to bad regulation and local government mishandling.

But we aren’t here to look back on the bad, but to look forward to the future of the industry and everything that may bring. Here are 12 predictions for the cannabis industry in 2021.

1. Cannabis consumption increases

This is probably the most obvious to predict. As more states legalize medical and recreational cannabis or decriminalize the plant, consumption will rise as people gain more safe and legal access to quality cannabis. This includes all forms of cannabis; concentrates, edibles, topicals and others.

2. We still won’t see federal legalization

Considering that the senate currently won’t even vote on a bill that would decriminalize cannabis on the federal level, it is very unlikely that we will see full scale legalization on the federal level in 2021. There’s a chance that we see more legislation passed through the House that will give cannabis businesses better access to banking.

However this will likely also be stalled in the Senate. In short, as long as Mitch McConnell is the Majority Leader of the Senate, don’t expect any sort of federal progress when it comes to cannabis.

3. Rise in popularity of minor cannabinoids in hemp

Cannabidiol, more commonly known as CBD, has seen a massive increase in popularity and use in 2020. Through marketing and education efforts, people have learned of the benefits of CBD and how it is entirely different from THC. This has led to more curiosity about the wide variety of other cannabinoids in hemp and cannabis. CBN and CBG have already begun breaking into the forefront of cannabinoid research with more on the way in 2021.

We’ll see new mixed cannabinoid products that advertise different experiences for the consumer start to become much more popular.

4. Extraction and dosing technology increases

Cannabis extracts and concentrates continue to grow in popularity, with rosin taking over the scene in 2020 as the cleanest and tastiest dabs. 2021 will be no different as the technology for creating extracts advances even more. Solventless extracts will likely remain the most popular for health-conscious and connoisseur consumers, while vape cartridges and pens will stay popular for the average consumer.

It will also become easier to understand the dosing of concentrates, especially with cartridges and dabs. There is currently no widely known dosage for either, just general suggestions from the local budtender or industry blogger.

5. Increased presence of national cannabis industry brands

We’ve seen the rise in popular brands like Cookies and Runtz from California’s recreational market to Maryland’s medical market, and that trend is bound to continue. With the success of these brands, others will try to replicate their marketing style to also become popular nationally.

Cookies and Runtz are likely just more “flavors of the month”, and new products will likely take their place in 2021.

6. US stock market for cannabis

Investors in the US have seen that cannabis is essential and pandemic proof. With the huge boost to industry revenue in 2020, investors will be looking for more ways to invest in the United States cannabis industry. While Canada’s cannabis industry saw much less success than the US in 2020, their model for investing in cannabis stocks could be used a template to implement a similar system in the US.

With so many ancillary (non-plant touching) businesses in the industry and expansion growing every year, there may soon be an investment market for companies that work with the cannabis industry but don’t actually process or touch the plant.

7. Ancillary cannabis business transactions increase

Speaking of ancillary cannabis businesses, transactions for these companies are going to increase in 2021. Equipment supply stores, consulting and marketing firms focused in the cannabis space all will see more sales as more people get into the industry across the country driving a need for more of these businesses.

8. Oklahoma and Mississippi continue to expand

Oklahoma was one of the highest grossing states in terms of cannabis revenue despite being medical only in one of the most red states in the nation. Following their model, Mississippi will likely follow the same path as long as demand is the same.

Oklahoma will continue to hone its market and weed out cheap producers with low quality product that took advantage of an infant market with consumers lacking necessary education to choose better products. We will see a few producers rise to the top in 2021 and become available across the state.

9. Michigan explodes with huge operations

Michigan had a slow start after they legalized recreational cannabis in 2018, however sales have been rising consistently since dispensaries began opening and selling cannabis in late 2019 and through 2020. With Detroit announcing that it will be handing out licenses beginning Summer 2021, we are going to see a massive increase in grow operations and dispensaries in the area.

As the most densely populated area in the state, Detroit is going to launch Michigan into the next phase of its legal industry by the end of 2021.

10. Supply chain for hydroponic and grow industry becomes more limited

Due to shipping complications that arose in 2020 from China, 2021 is likely to be a rough year for the grow industry supply chain. While more people will be growing cannabis than ever before, the supply of the products they need to do it are going to be more limited than ever before as well.

Inevitably the low supply and high demand will lead to increased prices and decreased availability of many fertilizers, lights and media.

11. The exotics hype trend continues

The community of connoisseur cannabis consumers has driven a niche market of exotic and exclusive cannabis strains driven by media marketing campaigns and hype. This trend will continue in 2021 with brands we’ve already mentioned like Cookies and Runtz leading the way.

In states where cannabis is recreational or medical but Cookies and Runtz don’t operate, new breeders will rise with exclusive strains that you can only get from them at a specific dispensary on a specific drop date, increasing hype and demand. These strains will remain the most expensive option on the shelf in terms of flower.

12. More states will legalize cannabis

Following the trend of the last few years, more states are going to legalize cannabis recreationally or medically in 2021. New York is a state a lot are looking toward to make a move in the new year since their neighbor New Jersey approved a legalization ballot in November. With no competing industry, New York is bound to lose a lot of tax dollars to New Jersey’s legal cannabis over the border.

Other states like Pennsylvania and Virginia have had their governors voice support for a recreational cannabis industry more than once in 2020. While these states may have a legalization vote in 2021 it’s unlikely that either will pass in the near future. Other states to follow in 2021 are Connecticut and New Mexico.

How state marijuana legalization became a boon for corruption

How state marijuana legalization became a boon for corruption

Bribery and corruption in the cannabis industry

By making local officials the gatekeepers for million-dollar businesses, states created a breeding ground for bribery and favoritism.

Jasiel Correia’s star was rising.

The son of Cape Verdean immigrants in the working-class Massachusetts port city of Fall River — famed as the home of Lizzie Borden — Correia was a home-grown prodigy. At 23, he was elected mayor, fielding congratulatory calls from Sen. Elizabeth Warren and Rep. Joe Kennedy.

That was in 2015. Four years later, just a week before his reelection race, federal agents ignominiously led him away from his home in handcuffs and charged him with attempting to extort cannabis companies of $600,000 in exchange for granting them lucrative licenses to sell weed in his impoverished city.

“Mayor Correia has engaged in an outrageous brazen campaign of corruption, which turned his job into a personal ATM,” declared U.S. Attorney Andrew Lelling during a press conference announcing the charges.

The downfall of Fall River’s young mayor wasn’t just a tragedy for the thousands of people who invested their hopes in him: It was emblematic of a rash of cannabis-related corruption across the nation, from Massachusetts to California to Arkansas and beyond.

In the past decade, marijuana legalization for adults over 21 has been passed in 15 states, and another 17 have legalized medical marijuana. But in their rush to limit the numbers of licensed vendors and give local municipalities control of where to locate dispensaries, they created something else: A market for local corruption.

Almost all the states that legalized pot either require the approval of local officials — as in Massachusetts — or impose a statewide limit on the number of licenses, chosen by a politically appointed oversight board, or both. These practices effectively put million-dollar decisions in the hands of relatively small-time political figures — the mayors and councilors of small towns and cities, along with the friends and supporters of politicians who appoint them to boards. And these strictures have given rise to the exact type of corruption that got Correia in trouble with federal prosecutors. They have also created a culture in which would-be cannabis entrepreneurs feel obliged to make large campaign contributions or hire politically connected lobbyists.

For some entrepreneurs, the payments can seem worth the ticket to cannabis riches.

For some politicians, the lure of a bribe or favor can be irresistible.

Correia’s indictment alleges that he extorted hundreds of thousands of dollars from marijuana companies in exchange for granting them the local approval letters that are necessary prerequisites for obtaining Massachusetts licenses. Correia and his co-conspirators — staffers and friends — accepted a variety of bribes including cash, more than a dozen pounds of marijuana and a “Batman” Rolex watch worth up to $12,000, the indictment charges.

Read the full story on Politico

New Jersey cannabis legalization approved by state legislature

New Jersey cannabis legalization approved by state legislature

New jersey legislature passes legal cannabis

​The measure now heads to Gov. Phil Murphy, who is expected to sign the legislation

Recreational adult-use marijuana is just a signature away from becoming legal in New Jersey after both houses of the state legislature passed legislation on Thursday to decriminalize and legalize the industry.

The measure now heads to the desk of Gov. Phil Murphy, who is expected to sign the bill into law.

The bill creates the organizational and regulatory system needed to oversee the industry in New Jersey. It will direct 70% of all sales tax revenue generated and all “social equity excise fees” on cultivators toward communities that have been most adversely-impacted by drug laws.

The other 30 percent of all sales tax revenue generated will go toward the operations of the Cannabis Regulatory Commission, as well as to support state, county and municipal law enforcement.

The five-member Cannabis Regulatory Commission will be tasked with governing the industry in New Jersey. It will include three members appointed by Murphy and one each nominated by Senate President Steve Sweeney and Assembly Speaker Craig Coughlin.

The measure will cap the number of statewide cannabis facilities at 37 for the first two years. Towns will be allowed to prohibit marijuana businesses in their communities, and those who choose to allow such businesses to operate will be permitted to collect and keep a 2% tax.

The legislation will provide for certain criminal and civil justice reforms, including the elimination of criminal penalties for marijuana possession. It will also regrade the unlawful distribution and possession of less than five pounds of marijuana or less than one pound of hashish.

Law enforcement officers across the state made over 24,000 arrests, or one every 22 minutes, for cannabis possession in 2012, which was more than in the previous 20 years. Marijuana possession arrests also made up for three out of every five drug arrests that year, according to Assembly Democrats.

Distribution of less than five pounds, but at least one ounce or more, of marijuana or distribution of less than one pound, but at least five grams or more, of hashish is punishable as a crime of the third degree under current law. Offenders can face imprisonment of 3-5 years and/or a fine of up to $25,000.

Smaller distribution amounts of less than one ounce of marijuana or less than five grams of hashish is punishable as a crime of the fourth degree under current law. Offenders can face up to 18 months in prison and/or a fine of up to $10,000. 

The bill also includes business incentives for minorities, women and disabled veterans to help them partake in the industry. 

Mexico puts legalization of marijuana on hold

Mexico puts legalization of marijuana on hold

Mexico cannabis legalization gets delayed until 2021

Mexican president says delay is matter of “form, not substance” and expects approval in early 2021

The Chamber of Deputies last week put the brakes on the legalization of marijuana in Mexico. However, that country’s president on Tuesday said he expects approval in early 2021 of legislation decriminalizing possession and consumption of small amounts of marijuana.

“They asked the (Mexican) Supreme Court for an extension because the two chambers could not come to an agreement and they were running out of time to make revisions. But it’s an issue of form, not substance. I believe this will be resolved” in the next session, President Andres Manuel Lopez Obrador said in his daily news conference.

The Mexican Senate last month approved a landmark bill decriminalizing the possession of up to 28 grams (1 ounce) of the drug, allowing individuals to grow up to six plants and licensing production and sales. It also created a commission within the Health Department to regulate the cannabis law.

The Chamber of Deputies was under a Dec. 15 Mexican Supreme Court deadline to approve the law, but deputies asked for and got an extension through the end of April. The deputies are expected to pick up the discussion in early February.

​“There is no opposition to what the Senate authorized regarding the medicinal and limited use of marijuana. It’s just a matter of errors, lack of precision about the amounts and other contradictions in the law itself, and that’s what will be resolved,” Lopez Obrador said.

If that happens, Mexico would be the second country in Latin America – after Uruguay – to decriminalize recreational use of small amounts of marijuana.

The premise might seem odd in a nation plagued by drug cartel violence and with rising rates of addiction in northern border cities. But experts say it reflects a change of attitude in Mexican collective thought and won’t necessarily fuel more violence or addictions.