It’s open season for conditional adult use processor applications in New York
Grown In obtained a list from the state of 33 Cannabinoid Hemp Processors who currently have a license.
Grown In obtained a list from the state of 33 Cannabinoid Hemp Processors who currently have a license.
The case could also have crucial implications for cannabis’ current Schedule I status, because a ruling in favor of coverage for medical cannabis would indicate that cannabis has some medical benefit.
The cities with the most retail licenses – at 50 each – are Ann Arbor and Bay City, tied for first place.
Year-over-year medical sales in Michigan have fallen 48% from a year ago, while adult use sales increased by 56% during the same period.
The fund will be supported by up to $50 million in licensing fees and revenue from the adult-use cannabis industry and up to $150 million from the private sector.
“It’s time to make what is implicit, explicit in terms of governance, in terms of shared responsibility between the Commission and the staff as led by the executive director. It’s just good practice.”
The Board also announced that NBA All-Star Chris Webber will manage the Social Equity Cannabis Investment Fund, which will help those who have conditional adult-use retail licenses meet the costs of establishing dispensaries.
A significant change in the proposed rules would eliminate redundant tests for cannabis products. Edibles will also no longer be bound by the strict 10 mg limit for individual servings.
In a company-wide email, Curaleaf informed employees that those represented by a union would not be receiving holiday pay for Juneteenth.
Industry experts like CannaBizIL executive director Pamela Althoff says May’s slight sales decrease isn’t a sign of bad things to come, but likely because workers returning to the office are consuming less cannabis than they would in the privacy of their own homes.