Tag: social equity
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Maryland cannabis business apply for cannabis licenses starting today as state hits record level adult-use sales
Catch the Smoke: Nov. 13, 2023 First unlicensed shops receive licenses After a scattering of applications in the first week of the unlicensed operator round, four businesses received placards during last week’s Alcohol Beverage and Cannabis Administration board meeting. However, five businesses that were listed on the meeting agenda were not discussed. Twenty other businesses…
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Virginia gears up for election which could impact cannabis, Maryland social equity portal closes, D.C. begins to wrangle unlicensed cannabis shops
Catch the Smoke: Nov. 6, 2023 Unlicensed operators begin to apply to be legal Last Wednesday, the unlicensed operator license application period opened in D.C. This period is meant to sweep up the hundreds of shops functioning under the I-71 amendment that allows weed gifting. Only 20 businesses applied the first day despite there being…
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Georgetown gets cold feet on weed, so does PG County
Catch the Smoke: Oct. 30, 2023 Second D.C. licensing period draws to a close ABCA (Alcoholic Beverage and Cannabis Administration) conditionally approved 12 new businesses for medical cannabis cultivator or manufacturer licenses last week. TODAY by 4 P.M. is the last day to submit an application for this period. https://datawrapper.dwcdn.net/WK95V/3/ This week’s ABCA meeting is scheduled for Wednesday at…
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14 new D.C. businesses received approval for medical cannabis licenses.
Catch the Smoke: Oct. 23, 2023 D.C. medical cannabis sales steady D.C. released the monthly medical cannabis program metrics yesterday, revealing a slight rise in dispensary sales and over a $300,000 drop in cultivation sales in September. The program sold a total of $4.4 million in cannabis products overall. It’s important to note that these metrics do…
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Catch the Smoke: Temporary pause on Maryland hemp ban
Catch the Smoke: Oct. 16, 2023 D.C. rundown The National Cannabis Festival is back after a rained out event this year with an Instagram announcement for 2024. It is not clear how they’ll navigate gifting cannabis during the festival in light of the changing D.C. landscape. The current D.C. application period closes at 4:00 p.m.…
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D.C. gifting shops begin to vie for new licenses; VA cracks down on gray market and Maryland’s adult-use market begins to overshadow its medical sales.
Catch the Smoke: Oct. 9, 2023 Gifting shops stick their foot in the door Five more licensees received conditional approval last week by the Alcohol Beverage and Cannabis Administration: one courier, two non-social equity applicants and one social equity applicant received a cultivation and manufacturer license. So far this month, three I-71 gifting shops (Adose Wellness, Voyager…
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Federal crisis averted, cannabis banking is further than ever with even shakier wheels; local I-71 store robbed for edibles
Catch the Smoke: Oct. 10, 2023 D.C. licenses slowly awarded ABCA awarded just one license last week for a conditional manufacturer. Multiple applicants have told The Outlaw Report they are still waiting to hear back from the regulatory authority. Elevated robbed One of the cornerstone I-71 gifting shops, Elevated Lounge, was robbed last week. Police arrested a…
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Slow rate of D.C. licenses applications signals possible market reluctance, VA candy man arrested for alleged weed distribution
Catch the Smoke: Sept. 25, 2023 D.C. medical licenses continue to trickle in The first 30-days of the second medical license expansion application period in D.C. has been underwhelming. ABCA seems to be approving applications on a rolling basis though they did not announce that. They approved another four manufacturers and four cultivators last week, including an…
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D.C. Council Passes Sweeping Bill To Reform Medical Cannabis Program
The D.C. Council on Tuesday gave its unanimous and final approval to a bill that makes sweeping changes to the District’s medical cannabis program, capping a long and obstacle-ridden journey for the legislation, which was introduced nearly two years ago. It now heads to Mayor Muriel Bowser’s desk for a signature, and then to Congress…
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Maryland Lawmakers Discuss Nuts And Bolts Of Weed Regulation Ahead Of Referendum On Legalization
Two months after the conclusion of a legislative session that put cannabis legalization on the November ballot, a panel of Maryland lawmakers reconvened on Tuesday to discuss how to best regulate recreational pot, from setting tax rates to licensing rules and more. Only seven of the 11 lawmakers on the Maryland House Cannabis Referendum and…
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Preliminary D.C. Budget Creates Cannabis Social Equity Fund To Boost Minority Entrepreneurs
D.C.’s preliminary budget for the upcoming fiscal year includes a provision that would redirect tax dollars from medical cannabis sales towards a new “social equity fund” to help minority entrepreneurs get weed businesses off the ground. The “Medical Cannabis Social Equity Fund” would be jointly administered by D.C.’s Department of Small and Local Business Development…
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Virginia: Republicans Propose To Scrap Social Equity Fund, Undo Other Cannabis Reforms
As Virginia’s new legislative session gets under way, Republicans – emboldened after taking back the governor’s mansion and the House of Delegates – are taking aim at cannabis reforms passed by the General Assembly last year. GOP state lawmakers have pre-filed several measures that would roll back provisions from last year’s legalization bill, zeroing in…