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M&A in the Cannabis Sector
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
As expected, today the Kentucky Office of Medical Cannabis’ online application portal went live. The office is now accepting applications for cannabis business licenses through the online portal, which will remain open until...more
The medical cannabis business license open application period for social equity applicants in the District of Columbia starts at 9:00 a.m. on Friday, March 1, 2024, and ends at 4:00 p.m. on Tuesday, April 30, 2024....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
Public support for medical cannabis in North Carolina is quite strong. In fact, according to a Meredith College poll conducted in February 2023, 73% of North Carolina voters, including 64% of Republicans, support a law...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
I have literally (yes, literally) lost track of the number of times that the Alabama Medical Cannabis Commission or a court has ordered a halt to the AMCC’s efforts to issue licenses to medical cannabis operators. If you...more
Last Thursday was License Award Day 2.0 for the Alabama Medical Cannabis Commission. The more things change, the more they stay the same. Nineteen of the applicants awarded licenses in June, before the process was halted due...more
In a shocking development only four days after announcing its intent to issue 21 licenses to cultivators, processors, dispensaries, secured transporters, laboratory testing facilities, and integrated facilities, the Alabama...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
Attorney General Garland Testifies Before Senate Judiciary Committee - U.S. Attorney General Garland testified before the Senate Judiciary Committee on March 1, 2023. In response to a question from Sen. Cory Booker (D-NJ),...more
The Michigan Cannabis Regulatory Agency (CRA) recently issued an advisory bulletin which may create a significant licensing cost savings for grower and/or processor licensees holding both medical and adult-use licenses....more
In late October, the Alabama Medical Cannabis Commission (AMCC) sent comprehensive License Application Forms to more than six hundred medical marijuana industry hopefuls throughout the state. The deadline to apply for one of...more
The Utah Legislature’s Tax Restructuring and Equalization Task Force met for the first time on May 30th to set the table for a summer of meetings that will be held around the state to discuss Utah’s tax structure and how it...more