The adult-use cannabis market in New York has generated significant excitement and anticipation since the state’s legalization of recreational cannabis in 2021. However, the industry is currently in a state of transition as stakeholders eagerly await the finalization of regulations and the announcement of a cannabis business licensing period for the general population. This article provides an overview on the …
New York‘s cannabis industry is regulated by a comprehensive framework that governs various aspects of the market. From cultivation and processing to distribution and retail, all New York cannabis business licenses have their own set of permissions and limitations. Understanding these regulations is crucial for businesses and individuals looking to participate in New York‘s cannabis market. New York Cannabis Cultivation …
The medical cannabis market in Texas has been gaining attention and experiencing notable developments in recent years. While Texas’ stance on cannabis remains stringent compared to some other states, significant progress has been made in expanding access to medical marijuana for qualifying patients. This article provides an overview of the current state of the medical cannabis market in Texas and …
Florida’s medical cannabis market is regulated by the Florida Department of Health: Office of Medical Marijuana Use (OMMU). More information about the state’s medical cannabis program can be found here, including access to the regulations that govern this market. Currently, the existing market is dominated by a few key players, with the top six medical marijuana treatment centers accounting for …
The Minnesota cannabis market has the potential to stimulate significant economic growth in the coming years. In addition to legalizing adult-use cannabis, the state has announced multiple grant programs to help support Minnesota cannabis business development. Grant programs intended to help fund, guide, and train the first generation of adult-use cannabis entrepreneurs will foster cannabis business development, generate job opportunities, …
Although an exact date for the commencement of cannabis business licensing is yet to be determined, Governor Walz has expressed his commitment to establishing a clear pathway for licensing and regulation of Minnesota cannabis businesses by May 2024. Since winning a cannabis business license can be a competitive process, many entrepreneurs and investors are eager to enter Minnesota’s burgeoning cannabis …
With the passing of HF 100, Minnesota joins the ranks of 22 other U.S. states in recognizing the economic opportunities and social justice advancements associated with recreational cannabis legalization. Adults 21 years of age and older in the state will now be able to use cannabis recreationally and the state is set to begin cannabis business licensing soon. Understanding the …
Minnesota has entered a new era of cannabis regulation with the recent passage of legislation that allows for the legalization of recreational cannabis. This groundbreaking development not only signals a shift in the state’s approach to drug policy but also lays the groundwork for a burgeoning cannabis industry. As part of this legislation, Minnesota has established 10 adult-use cannabis business …
Minnesota has officially legalized adult-use cannabis with the passing of HF 100. This monumental legislation reflects a progressive shift in attitudes toward cannabis, recognizing its potential benefits and acknowledging the will of the people. With this legalization, Minnesota becomes the 23rd US state to embrace the economic opportunities and social justice reforms associated with legalizing recreational cannabis. This momentous step …
Michigan became the first Midwest state to legalize the possession and use of recreational cannabis for adults age 21 years or older through the Michigan Regulation and Taxation of Marijuana Act, also known as Proposal 1, in 2018. Within one year of legalization, Michigan sold more than $1.6 million worth of cannabis products. The cannabis consultants at Point7 are ready …
