Projections for the New Jersey Cannabis Market

Projections for the New Jersey Cannabis Market

New Jersey is one of 18 states that have legalized recreational cannabis, and anyone 21 and older can legally enjoy the benefits of its regulated marketplace. The first day of legal recreational marijuana sales began in April 2022. The decision to legalize personal-use cannabis was favored by most of the state’s residents, with 68 percent of voters in support in …

Social Equity in New York

How is New York Tackling Social Equity?

Since New York legalized recreational cannabis last year, the conversations around its impact have been buzzing. One of the topics, often polarizing public opinion, is the subject of social equity. New York is making waves for its robust Cannabis Social Equity Initiative. The Marijuana Regulation and Taxation Act  (MRTA) was introduced and passed by Governor Kathy Hocul on March 10, …

Hemp and CBD Compliance FAQ

Common Compliance Questions for Hemp and CBD Operators

Though hemp and CBD operators do not need to follow the same stringent regulations as cannabis businesses, there are still many legal restrictions that these operators must comply with. Check out this Hemp and CBD Compliance FAQ for all the answers to your hemp and CBD questions! What are the rules around interstate commerce? National import/export rules? USDA regulates the …

What is Cannabis Extraction?

What is Cannabis Extraction?

Extraction Methodologies Cannabis extraction is a process in which the active ingredients in the cannabis plant are extracted to create a more potent cannabis product, such as concentrates or edibles. Processed cannabis products can be liquids, solids, or semisolids, and there are many different kinds of cannabis extraction, each with their own uses and benefits. CO2 Extraction Plant matter is …

History of Cannabis in New York

The History of Cannabis in New York

Though adult-use cannabis was only recently legalized in New York, the plant has had a long history in the state including cannabis decriminalization that started in the 1970s and a medical marijuana program that was established in 2014. Cannabis decriminalization efforts started early in New York with the state decriminalizing possession of 25 grams or less in 1977. If found …

High Country: A New Local Leaf Leader

High Country: A new local leaf leader

Get to know Point Seven Group founder and CEO Ashley Picillo. Shortly after High Country honored six local women in cannabis last year, where I referenced the book “Breaking the Grass Ceiling: Women, Weed and Business,” a colleague connected me to its co-author, Ashley Picillo, who just happened to have relocated from Denver to Snowmass Village for the summer (and stayed for …

cannabis businesses in New York

Legalize Cannabis in New York: Who is on the Control Board?

The state of New York may legalize cannabis sooner rather than later. On January 7th, 2021 New York State Lieutenant Governor, Kathy Hochul, tweeted “It’s time to finally legalize marijuana and create an equitable adult-use cannabis program that generates much needed revenue for New York.” Only 9 short months later, Hochul has now announced the final picks to fill the …

How and Where Ohio Will Distribute the Medical Marijuana Licenses

How and Where Ohio will Distribute the Medical Marijuana Licenses

The state of Ohio recently announced they will be issuing 73 medical marijuana dispensary licenses. Therefore, the State of Ohio Board of Pharmacy will award provisional dispensary licenses through a drawing process. The Board established thirty-one dispensary districts to utilize RFA II. The order in which the district drawings will occur is as follows: Moreover, below is the map of …

Breaking into the New Jersey Cannabis Industry

Breaking into the Cannabis Industry: New Jersey

With New Jersey set to release the Adult-Use cannabis applications in the upcoming weeks, many are curious about how to enter the cannabis industry. It’s important to note New Jersey has prohibited “Full Vertical Operations” which is a common industry term used to identify a company who hold multiple license types. Therefore, the “Full Vertical” is used to describe an …

What New Jersey Cities Have Chosen to Opt-In For Cannabis Retail Sales?

What New Jersey Cities have chosen to Opt-In for Cannabis Retail Sales?

We have all been wondering which New Jersey cities would opt-in for cannabis retail sales. Ever since the November 2020 elections and New Jersey legalized adult-use cannabis throughout the state. Municipalities were provided an opportunity to decide whether or not they would accept cannabis businesses within their borders. The municipalities had the deadline of August, 21, 2021. At this time …