Topic: Recreational Marijuana

Coronavirus Fallout: April Recreational Sales Rise in Some States, Decline in Others

As we previously discussed on our blog (here, here, and here), the cannabis industry, like most industries, is facing challenges related to the coronavirus pandemic. For example, recreational marijuana dispensaries in Massachusetts were not deemed to be essential businesses and were therefore required to close under the state’s emergency order.

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Essential or Not, Cannabis Sales Start to Slide During Shutdown. Can They Recover?

The preliminary reports were great. Cannabis shops were deemed “essential businesses” in several states, and according to The Motley Fool “[d]uring the first few weeks of [March], cannabis sales were soaring and spiked around the middle of the month as fears heightened that people would be confined to their homes in an effort to fight the coronavirus pandemic.”

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Show Me The Signatures: Missouri Recreational Legalization Efforts Fail Amid Coronavirus Pandemic

Prior to the outbreak of COVID-19 in the United States, it seemed like Missouri voters might get a chance to vote this year on whether to legalize recreational marijuana. That appears to no longer be the case, as efforts to collect the required number of signatures to appear on the ballot were suspended on Wednesday.

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Leafly Jobs Report 2020: Cannabis Jobs Continue to Grow

Last Friday, Leafly released its latest annual jobs report and the numbers are encouraging. Leafly reports that the legal cannabis industry supports 243,700 full-time-equivalent jobs as of January 2020. That number grew by 33,700 new jobs over the past 12 months, which makes legal cannabis the fastest-growing industry in the United States.

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New Massachusetts Bill Would Rein in Host Community Agreements

Yesterday, the Massachusetts House of Representatives passed a bill  impacting Host Community Agreements. These State-required contracts are the lynchpin of the license application process in Massachusetts because marijuana businesses must enter into such agreements with the city or town where they operate as a precursor to getting a license from the State. In particular, the bill would provide the Massachusetts’s Cannabis Control Commission with the explicit power to regulate and enforce Host Community Agreements and would prohibit Host Community Agreements from including any financial obligations for the company other than a “community impact fee” of up to 3% of gross sales. The bill also authorizes cities and towns to waive the State’s Host Community Agreement requirement. However, it is unclear if any cities or towns would actually exercise that right.  

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