marijuana licenses Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

NY greenlights 109 additional weed licenses, expands home growing allowance

February 17, 2024
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New York
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State regulators approved 109 new marijuana business licenses on Friday, including 38 retail dispensaries, as New York's cannabis industry aimed to get on track following repeated setbacks. The license approvals came after the Cannabis Control Board abruptly canceled a meeting…

Judge rejects a claim that New York’s marijuana licensing cheats out-of-state applicants

February 5, 2024
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New York
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A federal judge has rejected a challenge to New York state’s licensing program for selling legal marijuana, a system two California applicants say unconstitutionally discriminates against out-of-state residents. The ruling Friday by Albany Judge Anne M. Nardacci may spur New York…

Arizona tried adding equity into marijuana licensing. Dispensary chains still took over

January 22, 2024
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Arizona
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Would-be partners have offered Abel Ochoa "crazy amounts of money" for the social equity marijuana license he and his cousin own. "I had somebody offer me $17 million," he said, laughing. "If I would've just took the money, like yeah,…

Missouri

Nearly half of Missouri social-equity marijuana license applicants were from out of state

More than 40% of the owners listed on applications for state’s social-equity marijuana licenses issued in October were from outside Missouri, according to an annual report released by the Division of Cannabis Regulation Wednesday. About half of those owners came from California,…

Missouri

Missouri could strip weed micro-licenses from 11 companies with eligibility questions

December 15, 2023
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Missouri
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The Missouri Department of Health and Senior Services announced on Friday that it could strip marijuana licenses from nearly a dozen companies over questions about their eligibility for a program aimed at helping small and minority-owned businesses break into the…

N.Y. Cannabis Board Settles Suits, Paving Way for Dispensaries to Open

November 27, 2023
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New York
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The New York State cannabis board voted Monday to approve a settlement that would resolve two lawsuits and end a three-month-long freeze on recreational dispensary openings across the state. The agreement would salvage the state’s interim licensing program, which gives…

Alabama Medical Cannabis Commission aims to award medical marijuana licenses by the end of 2023

October 16, 2023
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Alabama
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The Alabama Medical Cannabis Commission is aiming to award licenses to growers and distributors by the end of the year after a bumpy roll out of the state’s medical marijuana program that has included multiple lawsuits over the selection process.…

New York’s Pot Plans Leave Applicants and Community Boards Dazed and Confused

October 16, 2023
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New York
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One week after New York state opened the permit process for legal cannabis shops to the general public, community boards across the city have been bombarded by submissions that they are struggling to review. Under the state’s 2021 law, a…

After awkward start, New York shaking up legal marijuana market

October 13, 2023
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New York
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New York officials launched legal recreational marijuana sales by promising many of the first retail licenses to people with past drug convictions, hoping to give people harmed by the war on drugs a chance to succeed before competitors crowded in.…

Alabama judge rules Cannabis Commission has authority to void license awards

October 12, 2023
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Alabama
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A Montgomery Circuit Court judge ruled Wednesday that the Alabama Medical Cannabis Commission has the authority to void licenses it has awarded. Judge James Anderson found that the AMCC has the inherent power to void previously awarded licenses to fulfill…

Missouri

Missouri announces winners of 48 cannabis ‘microbusiness’ licenses

Missouri issued 48 cannabis “microbusiness” licenses on Monday to marijuana industry entrepreneurs, expanding the state’s legal market. The state licensed six additional dispensaries and 12 wholesale cultivators in St. Louis area congressional districts. The additional licenses were mandated in the…

New law grants marijuana licenses to Black farmers in Florida

Gov. Ron DeSantis has signed legislation to extend telehealth renewals on medical marijuana and ensure more Black farmers participate in the industry. The bill (HB 387) had bipartisan support in the Florida Legislature, though the tying of two issues together…

Missouri

MO rolls out marijuana micro-license program. But will it help minority-owned companies?

As the Missouri marijuana industry rakes in millions from recreational weed, state regulators have slowly started to roll out a program intended to help small and minority-owned businesses break into the lucrative market. After voters approved an amendment to legalize…

Missouri

New rules stir fear Black Missourians will once again lose out in marijuana licensing

When a marijuana legalization amendment was being criticized last year over concerns it would calcify the lack of Black participation in the burgeoning industry, Adolphus Pruitt was one of its most vociferous defenders. Pruitt, the president of the St. Louis City NAACP,…

New York cannabis regulators approve nearly 100 dispensaries

New York’s Cannabis Control Board on Monday approved 99 new Conditional Adult-Use Retail Dispensary licenses, permitted a new testing lab and extended temporary regulations until Aug. 1. “I think this might be one of the happiest meetings we’re having all…

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