Industry News Archives - Page 6 of 19 - The Real Dirt with Chip Baker

Oklahoma seed-to-sales tracking moves forward in Oklahoma

by The Real Dirt | Feb 28, 2022 | Blog, Business, Cannabis Business, Cannabis Law, Cannabis Law and Compliance, Cannabis News, Industry News, Legalization, Medical Marijuana

Oklahoma seed-to-sale injunction is lifted for medical marijuana

Oklahoma’s medical marijuana seed-to-sale system can move forward following a partial resolution.

An agreement between the medical marijuana commercial licensees who filed the lawsuit and co-defendants Oklahoma Medical Marijuana Authority and Metrc enabled the seed-to-sale system to proceed.

An Agreed Order was filed Friday, lifting the restraining order that prevented OMMA from implementing the seed-to-sale tracking and tagging system for the medical marijuana industry. Metrc is OMMA’s contractor for the program.

“Lifting this injunction clears the single biggest roadblock to OMMA enforcing the law,” said OMMA Executive Director Adria Berry. “This is a crucial step toward cracking down on licensees operating illegally or skirting the system within Oklahoma’s medical marijuana industry. Come May 27th, we will focus the bulk of our enforcement authority on businesses that are not Metrc-compliant.”

Viridian Legal Services obtained the restraining order las t April as a continuation in the class action lawsuit filed on behalf of over 10,000 state licensed cannabis businesses across Oklahoma.

Ronald Durbin, the attorney who represented the thousands of cannabis businesses, previously told KFOR that implementing Metrc would create a monopoly and that the company would earn over $12 million in just the first year.

Now that the seed-to-sale system can move forward, medical marijuana commercial licensees throughout the state have until Thursday, May 26 (90 days) to comply with the Metrc seed-to-sale tracking system.

Read Full Story on KFOR

NY Gov. Hochul signs conditional cannabis cultivation bill

by The Real Dirt | Feb 22, 2022 | Blog, Business, Cannabis Business, Cannabis Law, Cannabis Law and Compliance, Cannabis News, Growing, Hemp, Industry News, Legalization

New York passes conditional cannabis cultivation licenses

With this legislation, NY is creating a new Conditional Adult-use Cannabis Cultivator license, allowing hemp farmers to grow cannabis in the 2022 growing season.

BUFFALO, N.Y. — New York Gov. Kathy Hochul signed new legislation on Tuesday that will allow hemp farmers in the state to apply for a conditional license to grow cannabis.

With this legislation, New York is creating a new Conditional Adult-use Cannabis Cultivator license, allowing hemp farmers to grow cannabis in the 2022 growing season. Conditionally licensed cannabis farmers must hit certain requirements under this law.

According to the governor’s office, some of the requirements include, “safe, sustainable and environmentally friendly cultivation practices, participation in a social equity mentorship program, and engagement in a labor peace agreement with a bona fide labor organization.”

“I am proud to sign this bill, which positions New York’s farmers to be the first to grow cannabis and jumpstart the safe, equitable and inclusive new industry we are building,” Hochul said. “New York State will continue to lead the way in delivering on our commitment to bring economic opportunity and growth to every New Yorker in every corner of our great state.”

Assembly Majority Leader Crystal Peoples-Stokes added, “Last year, after many years of fighting, we finally enacted the Marijuana Regulation and Taxation Act, and are beginning to undo the devastating impacts over 90 years of unequal enforcement of marijuana prohibition had on too many lives and communities. MRTA ensures that the legal adult-use market will be centered on equity and economic justice for communities of color and individuals that have been harmed most by the War on Drugs in the State of New York. With the passage of this bill, we have the opportunity to create a responsible start to the adult-use cannabis industry by authorizing temporary conditional cultivator and processor licenses to current New York hemp farmers. This authority will help secure enough safe, regulated, and environmentally conscious cannabis products to meet the demand of the adult-use cannabis market when retail dispensaries open. Importantly, this legislation calls for a Social Equity Mentorship Program, which will create a viable and inclusive path for social and economic equity partners interested in cannabis cultivation and processing to gain invaluable knowledge and experience in this emerging industry. The temporary conditional licenses authorized by this bill will ultimately help realize the vision and goals of the MRTA.”

Original Story from WGRZ 2

No limit on New Mexico cannabis licenses leads to hundreds of applications

by The Real Dirt | Feb 17, 2022 | Blog, Business, Cannabis Business, Cannabis Law, Cannabis Law and Compliance, Cannabis News, Industry News, Legalization

New Mexico cannabis licenses are being applied for by the hundreds

You’re starting to see them pop up across New Mexico and they can’t even open yet.

More than a hundred applications are in — some already approved — to turn established medical marijuana shops, smoke shops, an old strip club and plenty of other closed businesses into recreational cannabis shops.

The Cannabis Control Division received the first retail applications on Monday, December 6, 2021. Entrepreneurs can open their doors on April 1, 2022, with an approved license.

“There’s no limit to the amount of licenses that can be issued as long as they’re able to meet the law in the Cannabis Regulation Act and the rules and requirements set forth by the Division and the Department,” explained Victor Reyes, Deputy Superintendent of the Regulation & Licensing Department.

No limit means the Cannabis Control Division can approve countless retail licenses and New Mexicans could theoretically see pot shops on every street across the state. “We have so much interest in our in, in folks who are applying to be part of this industry,” Reyes said. “And that’s because it’s an industry like none other.”

Going off the state’s website, KRQE plotted every address in Albuquerque where retail license applicants are hoping to open a shop come April 1. So far, there are more than 80 of them.

While a lot of people see the new industry as a positive for New Mexico, not everyone wants it moving in next door. “I’m not really for the recreational,” Laurel Kehoe said. And, she has her reasons. Her family’s optical clinic butts up to a shopping center on Montgomery that used to house a medical marijuana shop. She said it had its problem.

“They kept getting broken into,” Kehoe explained. “They also got held at gunpoint.” That prompted the Kehoes to take extra security measures for their employees and patients. She said they are always armed and even installed a gate around the perimeter.

The shop closed a while back, but now there’s an application in to turn the vacant business into a recreational cannabis shop. Kehoe said they’re “not thrilled,” but she’s aware they don’t have a choice. “We have no control over what’s going to go in next to us,” she commented.

The Cannabis Regulation Act gives every local government the discretion to choose where a pot shop can be located. Specific to Albuquerque, recreational cannabis can’t be sold within 300 feet of a school or daycare and shops have to be 600 feet apart from each other.

“We don’t want concentrations of certain businesses in certain places,” Albuquerque City Councilor Isaac Benton said. He explained the City has that rule for liquor stores too. But looking through applications, KRQE found several addresses close together which may violate that rule. Benton just introduced a resolution to Council clarifying that the first applicant gets dibs.

Read Full Story on KRQE

New York bill would allow conditional licenses for cannabis cultivation

by Travis C | Feb 15, 2022 | Blog, Business, Cannabis Business, Cannabis Law, Cannabis Law and Compliance, Cannabis News, Growing, Industry News, Legalization, Politics

New York bill for conditional cannabis licenses

While the Office of Cannabis Management lags behind establishing a regulation and licensing process for recreational cannabis in New York, lawmakers are trying to find a workaround in the meantime.

In an effort to ensure that equity applicants — those who will open dispensaries first in the state — have product on their shelves when they open, a bill has been introduced to permit limited cultivation of recreational cannabis via already licensed hemp farmers in the state. Assembly Bill A2682A and Senate Bill S8084A propose the use of “conditional adult-use cultivator licenses” that would give cannabis-adjacent growers (i.e. hemp growers) the ability to plant and process recreational marijuana.

Assembly Speaker Crystal Peoples-Stokes was a sponsor of the bill and one its biggest proponents.

“It provides a conditional license to make sure when licensing is in place that equity business will have a product to put on their shelves,” she said. The legislation would only permit recreational cultivation licenses to valid industrial hemp growers that have been authorized from the Department of Agriculture and Markets, as of December 31, 2021.

With the outdoor planting season beginning in May in New York, legislators are hoping that the bill will pass before then. Should the bill pass, the conditional licenses would eventually expire, requiring the grower to apply for a full license.

New York legalized cannabis for adult use in 2021. However the state has yet to establish a regulated market and regulators say legal sales likely won’t begin until 2023.

Original Story from Greener Consulting Group

World’s first airport cannabis store to open in Canada

by The Real Dirt | Feb 9, 2022 | 420 Culture & Travel, Blog, Business, Cannabis Business, Cannabis News, Culture, Industry News, Legalization, Stranger Than Fiction

first airport cannabis store opening in Canada

The Prince George Airport in British Columbia is one step closer to hosting what reportedly would be the world’s first in-airport cannabis store.

The Prince George City Council voted in favor of the store’s land-use application at a public hearing Monday night.

Retail brand Copilot plans to open its airport terminal store by the beginning of summer, said co-founder Owen Ritz, pending further government approvals and store construction.

“We think that one potential segment are customers who are looking to purchase cannabis products and potentially consume them before traveling,” Ritz told MJBizDaily.

“It’s not necessarily because we view cannabis as a way to get intoxicated before traveling – it’s that cannabis is a product that people use to relieve stress and travel is a stressful experience, and it’s a practice that already exists.”

Other potential customers include arriving travelers looking to pick up cannabis before heading to their final destination in B.C., Ritz added, as well as curious travelers who might not ordinarily visit a cannabis store.

“We really view being in an airport as an opportunity to do that, to introduce our brand, and cannabis retail in general, to any type of customer.”

Cannabis consumption area planned

The Prince George Airport Authority (PGAA) publicly announced the planned cannabis retailer in January.

Ritz said he and fellow Copilot co-founder Reed Horton originally pitched the airport on the retail concept nearly two years ago, gaining PGAA’s approval and support for the retail concept.

The single-terminal regional airport served nearly 500,000 passengers in 2019, before the COVID-19 pandemic took hold and zapped air travel.

Read Full Story on MJBizDaily

Connecticut cannabis business applications now open

by The Real Dirt | Feb 4, 2022 | Blog, Business, Cannabis Business, Cannabis Law, Cannabis Law and Compliance, Cannabis News, Industry News, Legalization

Connecticut’s first application window for businesses aiming to participate in the recreational cannabis market opened Thursday.

An educational webinar for businesses, the first of several planned as part of technical assistance aimed at helping social equity applicants, also streamed Thursday.

Non-lottery applications for cultivators in disproportionately impacted areas and lottery applications for recreational retailers are available.

Medical producers and dispensaries will also be allowed to convert to expanded licenses that allow them to participate in the medical and recreational markets. Applications for expanded producers and hybrid retailers are open.

Equity joint venture applications are also open. Equity joint ventures allow business entities to partner with applicants who meet certain social equity criteria.

Social equity status is determined by income and residency. The Social Equity Council, which is organizing technical assistance to aid businesses through the application process, is charged with ensuring the market benefits those who have been most impacted by the war on drugs.

All members of a household, regardless of relationship, will need to submit information on income for social equity applicants to meet the criteria, said Ginne-Rae Clay, interim director for the council.

This includes roommates, Clay said.

Half of all lottery licenses will go to social equity applicants. Application windows for more license types are set to open on a rolling basis over the next couple of months.

The state anticipates another lottery round in the second half of the year. Businesses that wish to participate will have to reapply for that round if they’re not selected in the first round, according to a state Department of Consumer Protection press release.