Tag: business
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CannabizMD: Pioneering education and equity in the cannabis industry
CannabizMD is a trailblazing company dedicated to transforming the cannabis industry through education, policy, and business expertise.
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D.C. Cannabis Stores Robbed at Gunpoint on Wednesday, Thousands in Weed and $14k Chain Stolen
On Wednesday May 22, 2024, two separate robberies occurred at I-71 gifting shops in Washington, D.C. Both robberies were done at gun point, one in Woodley Park and the other in Capitol Hill near Eastern Market. No victims were hurt, but both robberies resulted in thousands of dollars of stolen goods. Robberies city-wide have dropped…
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Youngkin vetoes cannabis bill citing public safety and health despite lack of research to back up claims
Gov. Youngkin vetoed a democratically passed cannabis adult-use market bill maintaining his blockage to set up the Virginia legal market. Democrats legalized adult-use cannabis in 2021, but a shift to a republican controlled government stopped any implementation. Democrats sent a bill to Gov. Youngkin’s desk a few weeks ago that would launch the market. He…
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Robbery at D.C. cannabis gifting shop in NW leaves D.C. rapper dead, suspects still at large
On Wednesday afternoon, a shooting occurred in Northwest D.C. at a I-71 gifting shop, Hotbox Uptown. According to the Metropolitan Police Department press release, two suspects brandished handguns and demanded property and money. The victims complied, but one of the suspects fired a shot striking one of the victims during the robbery. They then took…
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D.C’s first transitioning I-71 cannabis gifting stores cleared to open as legal medical dispensaries
The first medical dispensaries transitioning from unlicensed operators to the legal market were given licenses to open on Mar. 27, 2024. The three stores (Green Theory, Wishing Wellness, Don Fuego) are the first to complete the transition process from I-71 gifting stores to legal medical dispensaries. One current medical license also received a license to…
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Multi-state cannabis operator fined $55,000 in Maryland for skipping ownership approval
Maryland cannabis company Holistic Industries Inc. was fined $55,000 for failing to get approval before transferring ownership interests in its subsidiaries. The Maryland Cannabis Administration (MCA) announced the consent order in February. They are a multistate operator. According to the companies own website, they have 15 legal stores in five different states including three in…
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D.C. Opens Social Equity Applicant Window for Medical Cannabis Retail Licenses
The second retail application period for medical cannabis licenses opened today in Washington, D.C. This social equity retail licensing period is part of D.C.’s cannabis medical expansion. The period for cultivators and manufacturers to apply has passed, and unlicensed I-71 operators could apply to transition to the legal market until Jan. 29, 2024. The period…
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Virginia Senate and House Democrats agree on adult-use market bill, set to standoff with Gov.
Despite being the first southern state to legalize adult-use cannabis, Virginia’s Republican led government dragged its feet the last three years to prevent a market launch. But Democrats are trying yet again to override Gov. Glen Youngkin who has promised to veto any market launch since his election. Democrats struck a deal last Friday, according…
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Maryland is the next victim caught in California lawyer’s web of social equity cannabis lawsuits
Maryland is the most recent victim of a California lawyer and cannabis entrepreneur’s serial suing of state cannabis social equity programs. Jeffrey Jensen filed a lawsuit on behalf of his wife Justyna Jensen, both of whom live in Pasadena, California. Jensen claims that the Maryland Cannabis Administration’s requirement of state residency to qualify for social…
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D.C I-71 gifting shops face enforcement, 76 unlicensed shops applied for medical licenses
UPDATE: List of license applicants published Feb. 12, 2024. The deadline for unlicensed weed gifting shops to apply for medical cannabis licenses closed at the end of January, ending the D.C. government’s attempt to fold unregulated shops into the legal medical cannabis market. Despite the Alcoholic Beverage and Cannabis Administration’s efforts to make the application…