Recreational Marijuana Archives - Page 2 of 8

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

by Douglas Sargent | Aug 13, 2020 | Legislation, Litigation, Recreational Marijuana | 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.

Update—Florida Supreme Court to Hold More Arguments in Florigrown Case

by Irina Dashevsky | Jul 15, 2020 | Litigation, Medical Marijuana, Recreational Marijuana | Florida

In a rare move, the Supreme Court of Florida has asked for a second round of oral arguments in the Florigrown matter. As we wrote about here, this case will determine whether Florida’s medical marijuana licensing framework, which effectively requires vertical integration by each licensee, is constitutional.

Arizona Group Files 420,000 Signatures Supporting Recreational Marijuana on November Ballot

by Douglas Sargent | Jul 10, 2020 | COVID-19, Recreational Marijuana | Arizona

Last week, Smart and Safe Arizona reportedly filed 420,000 signatures with the Arizona Secretary of State in an effort to legalize adult-use marijuana. The proposed measure would permit those 21 or older to possess up to an ounce of cannabis and cultivate up to six plants for non-commercial purposes at home, as well as allow for the expungement of certain marijuana convictions.

Virginia’s Marijuana Decriminalization Bill Went Into Effect Yesterday—What Does That Mean and What’s Next?

by Douglas Sargent | Jul 2, 2020 | Enforcement, Recreational Marijuana, Social Equity | Virginia

As we wrote about here, Virginia enacted a law decriminalizing possession of small amounts of marijuana earlier this year. Unfortunately, there seem to be a lot of misconceptions about what that law—which became effective yesterday—actually means.

Will We See a Record Number of States Legalize Marijuana in 2021? One Expert Thinks So

by Douglas Sargent | Jun 26, 2020 | COVID-19, Legislation, Medical Marijuana, Recreational Marijuana, Social Equity | Arizona, Connecticut, Georgia, Mississippi, New Jersey, New Mexico, New York, South Dakota

It is hard to underestimate the impact that the coronavirus and its related fallout—economic and otherwise—will have on the cannabis industry. Some of that impact will be decidedly negative. For instance, as we wrote about recently, cash is harder to come by for cannabis companies right now.

Sorry, You Did Not Win an Illinois Dispensary License. Now What?

by Akshita Singh and Ryan Holz | Jun 15, 2020 | Legislation, Medical Marijuana, Recreational Marijuana, Social Equity | Florida, Illinois, Maryland, Nevada

As we arrive at the middle of June, the Illinois Department of Financial and Professional Regulation (IDFPR) has not issued any conditional adult-use cannabis dispensary licenses and, as we recently wrote about here, it may be a while before the licenses are issued. Nevertheless, those licenses will be issued eventually, and it is important that cannabis entrepreneurs begin evaluating their next steps.

Early May Sales Figures Show Promise, Including New Record Highs in Illinois, Oregon, and Oklahoma

by Douglas Sargent | Jun 12, 2020 | COVID-19, Medical Marijuana, Recreational Marijuana | Colorado, Illinois, Nevada, Oklahoma, Oregon

As we’ve discussed on our blog and our podcast, we have been closely watching how marijuana sales fare in the face of the recession created by the coronavirus. Sales figures for marijuana in May are still rolling in, but early returns appear favorable.

Cannabis Employment Lessons from a Leading Industry Recruiter

by Douglas Sargent | Jun 4, 2020 | Hemp, Labor and Employment, Medical Marijuana, Recreational Marijuana

Full disclosure: David Belsky is a personal friend (don’t hold it against him) and his company, FlowerHire, is a firm client. He is also one of the foremost authorities on placing talent in the regulated cannabis and hemp industries. Earlier this week, Forbes posted a great interview with Belsky that we highly recommend.

You Won an Illinois Dispensary License, Now What?

by Akshita Singh and Ryan Holz | Jun 2, 2020 | COVID-19, Legislation, Real Estate, Recreational Marijuana | Illinois

In early January, Illinois received thousands of applications for adult-use cannabis dispensary licenses. Only 75 of those applications will be granted a license…eventually. Although the Illinois Cannabis Tax and Regulation Act (the Act) required the Illinois Department of Financial and Professional Regulation (IDFPR) to issue the licenses before May 1, 2020, Governor J.B. Pritzker and the IDFPR have delayed their issuance indefinitely due to the ongoing COVID-19 crisis.

Could Cannabis Legalization Pull the United States Out of the Coronavirus-Related Recession?

by Douglas Sargent | May 28, 2020 | COVID-19, Labor and Employment, Legislation, Recreational Marijuana | Federal

Kris Krane wrote an interesting article this week for Forbes suggesting that legalizing cannabis is the key to our economy recovering from the fallout of COVID-19. Like all of his other articles for Forbes, it is well researched and well written.

Topic: Recreational Marijuana

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

Update—Florida Supreme Court to Hold More Arguments in Florigrown Case

Arizona Group Files 420,000 Signatures Supporting Recreational Marijuana on November Ballot

Early May Sales Figures Show Promise, Including New Record Highs in Illinois, Oregon, and Oklahoma

Cannabis Employment Lessons from a Leading Industry Recruiter

You Won an Illinois Dispensary License, Now What?

Could Cannabis Legalization Pull the United States Out of the Coronavirus-Related Recession?

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