[Webinar] Cannabis Real Estate 101: A Primer for Social Equity Applicants & Entrepreneurs
M&A in the Cannabis Sector
The 2024 legislative session saw the Minnesota Legislature make a number of sweeping changes and clarifications to the State’s one-year-old cannabis statute. And in recent days, the Office of Cannabis Management (OCM) added...more
First, on April 17, 2024, Governor Andy Beshear signed House Bill 829, which establishes a clear timeline for new medical cannabis licensing and moves up the application process from January 1, 2025 to July 2024. Then, just...more
Under the Maryland Cannabis Reform Act, resident social equity licensees may receive financial assistance with startup capital and operational costs for growers, processors, and retailers. Maryland began accepting social...more
Recently enacted Pennsylvania Senate Bill 773 (SB773) introduces several amendments intended to expand opportunities and increase competition among existing cannabis licensees in Pennsylvania. The bill seeks to support...more
If you are applying for a cultivation, processor, distributor, dispensary, or microbusiness license, applications are open and you must submit your application on or before 5 pm, December 18, 2023. To submit an application,...more
New York’s Office of Cannabis Management (OCM) announced that prospective applicants have an additional 14 days to submit their applications, extending the deadline for retail applicants with control of an eligible property...more
Third in a series on the Minnesota Adult-Use Cannabis Law. Read our first look at the law and our review of local control and moratoriums. Recreational use of marijuana has been legal in Minnesota for people over the age of...more
New York’s adult-use regulations are effective and the first application period for certain adult-use licenses is underway! At the Cannabis Control Board (CCB) meeting on October 17, 2023, CCB announced that they are...more
After months of anticipation, the New York State Office of Cannabis Management began accepting applications for five (5) types of licenses this week: cultivator, processor, distributor, and microbusiness. This is generally...more
It has been over a year since Mississippi began accepting applications for medical cannabis licenses in July of 2022. Since then, the Mississippi cannabis industry has steadily grown, with the first legal sales beginning in...more
New York State Regulators Approve Final Adult-Use Regulations as Judge Bars New York State From Issuing New Cannabis Licenses - On September 12, state regulators approved final adult-use regulations and set October 4 as...more
On April 25, 2023, the Minnesota House passed House File 100 (HF100), a bill authorizing adult-use cannabis, by a vote of 71-59. Three days later, the Minnesota Senate passed Senate File 73 (SF73), a companion bill to HF100,...more
Roughly two months after the introduction of cross-filed bills relating to regulating adult-use cannabis in Maryland, HB556 and SB516, the General Assembly passed a final version of the bill and sent it to Gov. Wes Moore for...more
Maryland House Bill 556 (cross-filed with Maryland Senate Bill 516), introduced on February 3, 2023, contains essential provisions for any person or entity interested in participating in the cannabis industry in Maryland....more
The long-awaited expansion of Florida’s medical cannabis industry appears to finally be in the works, with a potential major expansion of licenses on the horizon. Florida health regulators announced that the state is...more
September 1 will see the Alabama Medical Cannabis Commission (“AMCC”) begin accepting requests for applications pursuant to the “Darren Wesley ‘Ato’ Hall Compassion Act,” or the “Alabama Compassion Act” (hereinafter referred...more
The ninety-day window for the Connecticut Department of Consumer Protection (DCP) cannabis license applications for applicants looking to participate in the state lottery for recreational adult use retail facilities and for...more
On July 1, 2021 Connecticut became the nineteenth state to legalize the possession and use of cannabis for recreational purposes. Upon conversion of the existing licenses held by medical marijuana growers within the next few...more
For any new commercial business, the decision to purchase or lease a building is an important one—even more so for the cannabis industry. While buying a building may be appropriate for a well-capitalized cannabis business...more