New York True Party Interest

What is a True Party Interest in New York?

True Party of Interest includes, but is not limited to the following:  a: applicant or licensee’s sole proprietor, partner (whether limited or general), member, manager, president, vice president, secretary, treasurer, officer, board member, trustee, director, or a person with equivalent title to each of the foregoing; b: Stockholder of applicant or licensee;  c: each person that makes up the ownership …

Cannabis: Rescheduling vs. De-scheduling

Cannabis: Rescheduling vs. De-scheduling

The Biden Administration’s recent announcement on cannabis reform featured pardons for simple marijuana possession. The announcement, which may impact over 6,500 Americans, also included a assurances that the President is initiating the administrative process to review how cannabis is scheduled under federal law. While most agree that the current placement of cannabis in Schedule I of the Controlled Substances Act …

President Biden's Announcement on Cannabis Reform

President Biden’s Announcement on Cannabis Reform and Next Steps

On October 6th, 2022, President Joe Biden’s announcement on cannabis reform stated that he would be granting pardons for citizens with federal cannabis possession charges and urged states to follow suit. This could be life changing for a projected 6,500 Americans with cannabis possession charges on their record, who may currently face limited access to opportunities for employment, education, and …

Ask Me Anything - New Jersey Cannabis Market

Ask Me Anything: New Jersey Cannabis Questions

Answers for all your questions about the New Jersey cannabis market and licensing process. What cannabis business licenses are currently available in New Jersey? There are currently eight (8) cannabis business license types available in New Jersey:  Cultivator Processing Wholesaler  Distributor  Retailer  Delivery Microbusiness What are the licensing restrictions for cannabis cultivator licenses in New Jersey? The number of licenses …

From Hemp to Marijuana: How New York's Hemp Farmers Will Grow the State's First Harvest

From Hemp to Marijuana: How New York Farmers Will Grow the State’s First Harvest

New York is taking an unprecedented approach to supplying the incoming recreational market. The first wave of legal cannabis crops will come from cannabinoid hemp farmers in upstate New York. The outdoor, “sun-grown” crops are expected to supply the first wave of dispensaries scheduled to open at the end of 2022. It presents a unique and positive opportunity for those …

Ask Me Anything: New York

Ask Me Anything: New York Cannabis Questions

Answers for all your questions about the New York cannabis market and licensing process. Who qualifies for  social equity, adult-use cannabis retail dispensary licenses in New York? The Marijuana Regulation Taxation Act (MRTA) sets the following qualifications for social equity applicants:  What are the ownership requirements for a cannabis business entity to be considered a social equity applicant? To be …

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 …

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 …