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M&A in the Cannabis Sector
The Massachusetts Cannabis Control Commission (the “Commission”) voted on December 17, 2024 to release its initial draft amendments to the Social Consumption Establishment regulations and accept informal public comments on...more
After an objectively troubled launch that spurred litigation, Tennessee’s permanent hemp-derived cannabinoid licensing regulations are finally set to take effect at the end of this month. This would mark the culmination of a...more
On April 17, 2024, the Virgin Islands Cannabis Advisory Board (“VICAB”) approved regulations outlining the requirements for its new adult-use cannabis program, including details regarding the competitive merit-based...more
New York is unique among state-regulated cannabis markets for a host of different nuances and complexities, but among them is the Type 3 – Processor Branding License, which provides, among other things, that third-party...more
New York AG Letitia James secured a judgment against cannabis dispensary company Jaydega 7.0 and its owner (collectively, “Jaydega”) for operating without a license in violation of state cannabis laws. According to the AG’s...more
Legend has it that Alice Cooper originally titled his hit “Preschool’s Out Forever.” I made that up, but it occurred to me when I read a headline from Law360 that read “Under Pot Law, Preschool Isn’t ‘School,’ Ariz. Court...more
Over the past nearly two years, I have been talking to friends, clients, and basically anyone at parties about the slow progress (if I might be permitted to use that word in this context) of the Alabama medical cannabis...more
The Alabama medical cannabis program has been FUBAR for a while now, but there was at least some good news for two applicants last week....more
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
Thoroughbreds shouldn’t be the only ones racing towards a finish line in Kentucky in the near future. Those vying for a precious medical cannabis business license in Kentucky’s new medical cannabis program will also need to...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
Since passing recreational cannabis in 2019, Illinois has emerged as one of the largest cannabis markets in the country, with total sales approaching $2 billion in 2023. Adult-use cannabis tax revenue topped that of alcohol,...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
The Alabama Medical Cannabis licensing process has officially entered Groundhog Day territory. After previously directing that the AMCC participate in limited, expedited discovery (including the deposition of up to six...more
The published draft regulations are now subject to a public review and comment period. Individuals have until March 31, 2024 to submit written comments on the draft regulations to the Cabinet. In turn, if requested, the...more
Yesterday the Alabama Medical Cannabis Commission(AMCC) awarded the five coveted licenses in the Integrated Facility category. The five licenses were awarded to: 1. Trulieve AL 2. Sustainable Alabama 3. Wagon Trail...more
I feel like Bill Murray’s character in Groundhog Day. I keep writing the same blog post in some way heralding the Alabama Medical Cannabis Commission’s awarding of licenses to would-be operators. Well, on Friday it happened...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
In the coming, frenzied 90 days, the Alabama Medical Cannabis Commission likely will save or ruin the future of medical cannabis in Alabama... Last Thursday, the AMCC voted to adopt an emergency rule that, by its terms,...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