🌿 "State officials are to be commended for moving this process along in a relatively expeditious manner," NORML's Deputy Director Paul Armentano said. "Retailers provide consumers with the option of obtaining lab-tested products in a safe, regulated environment. The sooner consumers have market access to cannabis products, the more quickly we will begin to see disruptions to the unregulated marketplace." #NORML #cannabis #cannabisnews #cannabiscommunity #cannabispolicy #cannabislaw #cannabisindustry #marijuana #marijuananews #marijuanamovement #legalize #legalizeit #legalization #ohio
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🌿 77% of respondents said that they obtained "all" or "most" of their cannabis-related products from authorized retailers. #NORML #cannabis #cannabisnews #cannabiscommunity #cannabispolicy #cannabislaw #cannabisresearch #cannabisindustry #medicalcannabis #marijuana #marijuananews #marijuanamovement #medicalmarijuana #legalize #legalizeit #legalization #thc #cbd
Majority of Consumers Obtain Cannabis From Licensed Retailers
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"Newly introduced #legislation in #NewYorkState would allow people in the state to bring legal actions against entities that violate state #marijuanalaws, potentially empowering ordinary individuals to sue #unlicensed #cannabis sellers or licensees skirting state law. Identical companion bills, S.9441 in the Senate and A.10248 in the Assembly, were introduced in the legislature last week. The Senate bill, from Sen. Jeremy Cooney (D), has been referred to the Finance Committee in that chamber, while the Assembly measure, from Assemblymember John Zaccaro, Jr. (D), will begin in the Judiciary Committee. As written, they would enable private individuals to file civil lawsuits against anyone violating a part of the state’s cannabis law that prohibits unlawful #cultivation, #processing, #distribution or #sales of cannabis or #cannabisproducts. Individuals would be able to bring the actions under the New York False Claims Act. “Empowering everyday New Yorkers with tools against illegal cannabis operators, whose conduct is both unlawful and inundates our communities with untested, unregulated and potentially deadly cannabis, is vital as we continue our enforcement efforts to combat illegal cannabis,” a justification memo attached to the bill says. “Illegal cannabis operators undermine the legal cannabis industry in New York, whose cannabis processors, cultivators, distributors and retail dispensary licensees followed the rules only see their hard work damaged by those who violate the cannabis law,” it says. “New York must lead when legitimate business is compromised by the conduct of bad actors… Authorizing a qui tam plaintiff to bring a civil action for violations of cannabis law under the New York False Claims Act adds another layer of legal protection for everyday New Yorkers.” The legislative proposal to essentially deputize New Yorkers against illegal marijuana activity comes on the heels of Gov. Kathy Hochul’s (D) ouster of the state’s top cannabis regulator and amid a much-delayed rollout of the state’s legal marijuana market. A news report earlier this year found that despite state officials levying more than $25 million in fines against unlicensed retailers for selling cannabis products since last year, only a tiny fraction of those fines had been collected by either the New York State Department of Taxation and Finance or the New York State Office of Cannabis Management. In an attempt to rein in unlicensed sales, Hochul in February called on big tech companies such as Google and Meta to “do the right thing” by taking steps to stop promoting illicit marijuana shops, which have proliferated across the state." - Marijuana Moment
New York Bills Would Let People File Legal Actions Against Unlicensed Marijuana Businesses - Marijuana Moment
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Minnesota's cannabis market is facing regulatory challenges as some businesses try to exploit loopholes ahead of official licensing in 2024. Despite cannabis legalization in the state, businesses are not yet legally allowed to sell cannabis. However, some stores have been circumventing the law by "gifting" cannabis with other purchases, such as T-shirts. In response, the Office of Cannabis Management (OCM) has taken enforcement actions, confiscating nearly 190 pounds of illegal cannabis flower and other non-compliant products valued at over $1.4 million. Violations included improper labeling and products exceeding THC limits. Businesses found violating these regulations could face a five-year ban from obtaining a cannabis license. The rollout of social equity licenses has also been delayed, with the lottery for over 1,800 applicants now postponed to the end of 2024. This delay affects cultivators and retailers, pushing back the launch of Minnesota's recreational cannabis market. https://lnkd.in/gAAccT38
Buy A T-shirt, Get Busted: Loophole In Minnesota Cannabis Market Could Cost Retail Operators A 5-Year Ban
benzinga.com
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🏡 Homes located near cannabis retailers are more likely than others to appreciate in value, according to an analysis provided by Tomo. #NORML #cannabis #cannabisnews #cannabiscommunity #cannabispolicy #cannabislaw #cannabisresearch #cannabisindustry #medicalcannabis #marijuana #marijuananews #marijuanamovement #medicalmarijuana #legalize #legalizeit #legalization #realestate #homevalues
Proximity to Dispensaries Associated With Rising Home Values
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California No Longer the Top Cannabis Market? 🌿 Recent data shows #MichiganCannabis has surpassed #CaliforniaCannabis in legal cannabis product sales. 🔍 Key Points: Michigan sold 22 million cannabis products in March, while California sold 21.3 million. Despite this, California still leads in revenue with $1 billion in sales compared to Michigan’s $786 million. Michigan’s success is attributed to lower cannabis prices, strong enforcement against illegal sales, and low cannabis tax rates. Discussion Point: What does this mean for the future of California’s cannabis market? How can California address the challenges posed by high taxes and the illicit market? I’d love to hear your thoughts on this significant market shift. #CannabisIndustry #MarketTrends https://lnkd.in/eeFzMdic
California dethroned as this state now sells more legal weed
sfgate.com
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🌿Exciting developments in Germany's cannabis landscape- According to Marijuana Moment, the government is exploring a pilot program for cannabis sales through an administration program, versus passing a secondary bill. Stay informed about the latest industry advancements below. #GermanyCannabis #CannabisRegulations #MarijuanaMoment #Legalization #Germany #CannabisNews
Germany's Government Seeks To Launch Marijuana Sales Pilot Program Through Regulations Instead Of Another Bill, Report Says - Marijuana Moment
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The Virginia Senate and House of Delegates have approved competing bills to regulate and tax recreational marijuana sales, more than two years after the state legalized the possession of cannabis by adults. Each bill now heads to the other chamber of the state legislature, where lawmakers are expected to make several amendments to the measures. #adultuse #CannabisCommunity #MedicinalCannabis #cbd #thc #sativa #indica #dispensary #weed #WEEDSLISTS.COM #cannabisadvertising #cannabisnews #cannabismarketing #420 #cannabisculture #MarijuanaAdvertising #cannabiz #marijuana #cannabis #dope #pot
Virginia House, Senate Approve Separate Weed Sales Bills
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A New York State Supreme Court judge has ruled to invalidate all of New York State's regulations for adult-use cannabis, marking a significant setback for the state’s Office of Cannabis Management (OCM). The judge, Kevin Bryant, found the regulations to be arbitrary and without a solid factual foundation, thus undermining the authority and effectiveness of the OCM. The lawsuit that led to this decision was brought by Leafly Holdings, Stage One Dispensary, and a cannabis consumer dependent on Leafly for making informed purchases, specifically challenging the restrictions on third-party marketing. This sweeping ruling affects crucial sections of the regulatory framework governing New York's adult-use cannabis market and casts doubt on the future of cannabis regulation in the state. The legal battle is expected to continue with an appeal by the OCM. Meanwhile, criticism of the OCM is mounting, exacerbated by Governor Hochul's comments calling the cannabis rollout a "disaster" and the agency’s focus on closing unlicensed shops rather than facilitating the licensing process. This landmark decision could have significant repercussions for the cannabis industry in New York, as it navigates a period of legal and regulatory uncertainty. Further developments are expected as stakeholders and policymakers respond to the evolving situation. https://lnkd.in/gR63EtVG
Albany County Supreme Court Invalidates New York State Cannabis Regulations
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New Jersey’s hemp industry is facing uncertainty following a court ruling upholding key provisions of a state law that temporarily bans hemp sales, causing confusion among businesses. While the Cannabis Regulatory Commission has stated it will not enforce the law yet, except for prohibiting sales to minors, many hemp retailers and manufacturers are unsure how to proceed. Some have stopped selling products, while others continue cautiously, awaiting further guidance. The legal confusion stems from conflicting opinions about product restrictions, particularly concerning total THC limits, which are stricter than federal guidelines. The state’s hemp law requires businesses to obtain licenses to sell or manufacture hemp, but the process is complex and could take months. Concerns about local enforcement, licensing delays, and future regulations have left many businesses in a precarious financial position, as they struggle to navigate the new regulations and stay compliant. The ruling has prompted calls for lawmakers to clarify the law and work with the hemp industry to address these challenges https://lnkd.in/g9EeqbVV
New Jersey Hemp Industry In Limbo After Court Decision Upholding State Ban On Product Sales - Marijuana Moment
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New York Supreme Court Judge Strikes Down Some Cannabis Regulations, Unsettling Industry Stakeholders, read more on the latest from Benzinga by Maureen Meehan. Features New York State Office of Cannabis Management, Judge Kevin Bryant, Leafly, Stage One Dispensary. #Cannabis #CannabisNews #NewYork #NewYorkSupremeCourt #Industry #Market #BZCannabis.
New York Supreme Court Judge Strikes Down Some Cannabis Regulations, Unsettling Industry Stakeholders - Leafly Holdings (NASDAQ:LFLY)
benzinga.com
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