Ensuring Entrepreneurs and Businesses Stay Informed of Developments in the Burgeoning Cannabis Industry

Pennsylvania Governor Pushes State-Run Cannabis Dispensaries

Several states are advancing adult-use cannabis legalization efforts, but Pennsylvania Governor Tom Wolf is again promoting a unique approach to a recreational marijuana market: state-run marijuana distribution. A recent article in PoliticoPro (subscription required) dives into the issue and provides great context and analysis on whether this proposal is feasible and its chances to succeed.

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Update: Vermont Officially Legalizes Recreational Marijuana Sales

Yesterday, Vermont became the 11th state to legalize recreational marijuana sales and the second to do so via legislation (Illinois was the first in 2019). The State House of Representatives and State Senate previously approved a compromise bill legalizing marijuana sales and establishing a framework to regulate it, as we wrote about here.

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Vermont Bill Legalizing Marijuana Sales Passes General Assembly, Heads to Governor Scott

While possessing and growing small amounts of marijuana has been legal in Vermont since 2018, it is still illegal to sell marijuana. A legal retail market may be on the horizon though, as the State House of Representatives and State Senate have approved a compromise bill that would legalize marijuana sales. The bill sets up a new Cannabis Control Board that would be responsible for regulating the cannabis market, including issuing licenses. Under the bill, cannabis products would be charged a 14% excise tax in addition to the state’s standard 6% sales tax.

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Proposed House Bill Would Legalize CBD in Dietary Supplements and Reduce Uncertainty Surrounding CBD

Last Friday, a bipartisan bill was introduced in the House of Representatives that would legalize cannabidiol (CBD) and other hemp-derived products for use in dietary supplements. The bill—H.R. 8179—was co-sponsored by Rep. Kurt Schrader (D-OR) and Rep. Morgan Griffith (R-VA) and is referred to as the “Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020.”

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Shaky Dominos: Pennsylvania Eyes Recreational Legislation and Voters in Montana, Mississippi and South Dakota Will See Marijuana Ballot Initiatives in November

In a recent post we explored where things stood at the federal level with respect to marijuana decriminalization and legalization. The takeaway was that the focus on criminal justice reform and economic variables continue to propel cannabis to the forefront of a national discussion.

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Revamped High Times Cannabis Cup Sparks Great Interest and Long Lines in Illinois

Tuesday marked not only the start of Illinois’s inaugural High Times Cannabis Cup, but also a completely new iteration of the venerable event. For the first time ever, the general public will be judging the entries and deciding the winners, prompting eager marijuana enthusiasts to line up literally around the block to buy “judge kits.”

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IDFPR Tiebreaking Rules Are Finalized, Paving the Way to Issue Dispensary Licenses in Illinois

Good news for those awaiting the issuance of cannabis dispensary licenses by the Illinois Department of Financial and Professional Regulation (IDFPR): the department’s tiebreaking rules are now finalized, which clears what seems to be the last remaining hurdle before issuance. As we discussed previously, the IDFPR’s emergency rules for breaking ties on applicant scoring expired before the department was able to issue licenses. Without a tiebreaking mechanism in place, the IDFPR has not issued any of the 75 new dispensary licenses.

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