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new york cannabis | marijuana legalization

Updates on Cannabis Legalization in New York

Effective March 31, 2021, Governor Andrew Cuomo legalized adult-use of cannabis, and provided for the licensure of producers, distributors and retailers of marijuana throughout the Empire State. Under this New York legalization, the legislature has established the New York State Cannabis Control Board under the Marijuana Regulation and Taxation Act, and authorized this Board to regulate the licensure and establishment…

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cannabis consumption lounge

Embracing Cannabis Consumption Lounges

Between all the excitement around sweeping legalization measures and a focus on ensuring an equitable and reparative industry, many seem to have forgotten an important element that could lead towards further social acceptance of cannabis consumption: safe spaces to consume. People have long gathered together to share in the consumption of cannabis and cities across America are littered with bars…

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cannabis business insurance

Does Your Cannabis Business Need Insurance?

Distinct aspects of the cannabis industry separate it from other types of business, however, all business includes elements of protection and preservation. Just as banking has been a thorny subject, cannabis insurance held the same reputation until recently. Today, however, the ability to obtain coverage for all divisions of the industry is less convoluted. Diligence is still key, however, when…

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marijuana banking bill

New Marijuana Banking Bill: What’s Included and What’s Missing

The Secure and Fair Enforcement (SAFE) Banking Act (a marijuana banking act) has been reintroduced to the House by Rep. Ed Perlmutter (D-CO); this bill protects financial institutions that service state-legal marijuana businesses from being penalized by federal regulators. Previously, the bill had cleared the House but did not advance in the Republican-controlled Senate. There are currently 206 cosponsors of…

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cannabis beverages

Michigan Legalizes Cannabis-Infused Beverages

One of the many benefits of legalization is the opportunity to research and develop new ways of consuming cannabis. Cannabis-based beverages are an example, and the state of Michigan has taken notice. Michigan Marijuana Regulatory Agency Director Andrew Brisbo had noted in October 2020 cannabis-infused beverages were “an area of interest to a lot of processors in the industry.” In early…

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new jersey cannabis legalization

Can New Jersey’s Slow Start to Cannabis Legalization Recover?

Is recreational weed legal in New Jersey? Despite the recent bill NJ Governor, Phil Murphy signed to finally legalize cannabis in New Jersey and put an end to arrests for possession, some say it’s long overdue. The main position from his 2017 campaign for governor included committing to sign any cannabis legalization that ended up on his desk. And, while…

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jay-z and minority owned cannabis business

Marijuana Moves: Jay-Z and Minority-Owned Cannabis Businesses

Celebs are cashing in on the cannabis industry. It’s not just multi-platinum rapper, entrepreneur and the newly appointed Chief Visionary Officer of The Parent Company Holdings, Sean “Jay-Z” Carter, either. Jay-Z and cannabis are now a thing with his new minority-owned cannabis company. Even Rhi-Rhi, an avid consumer of all things cannabis, joined friend and mentor Jay-Z in backing a…

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kentucky cannabis laws

Will Kentucky (Finally) Legalize Cannabis?

Both medical and recreational cannabis are illegal in Kentucky but times may be changing for this southern state. In early 2020, House Bill 136 passed 65 to 30; this bill marked the first occasion in which a medical marijuana bill had been taken up by the full House. Proposed in the Kentucky cannabis laws bill were medical marijuana user restrictions,…

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cannabis and covid treatment

Could Cannabis Be an Option for COVID Treatment?

Cannabis is in constant study within the scientific community and the medical field. Its abilities to help physical and mental ailments are pondered each day. As COVID-19 began its destructive path across the world, some researchers wondered if a cannabis COVID treatment was a viable option. Here are some of the findings on cannabis and covid. Cannabis-Based Approaches Pharmaceutical company…

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