Tag: social equity
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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…
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Maryland Lawmakers Discuss MSOs, Minority Ownership Challenges At House Legalization Hearing
As Maryland looks to at last join its neighbors in legalizing recreational cannabis and supercharge a medical industry that has generated more than half-a-billion dollars this year, concerns loom about how Black entrepreneurs can get in on the green rush before it’s too late. At the fourth meeting of the Maryland House Cannabis Legalization Workgroup…
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Catch the Smoke: Dec. 26, 2023 First denial for I-71 gifting store In the last days of 2023, ABC released the year’s final dispositions on the license applications. Four more businesses were approved including a testing laboratory. But, more significantly the first complete denial of an unlicensed applicant was cemented. LOCAL’D was denied their application…
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Newsletter:
New enforcement records reveal D.C. unlicensed cannabis shop locations D.C.’s Alcohol Beverage and Cannabis Administration (ABCA) is cracking down on unlicensed cannabis shops. Since gaining new enforcement powers in April, they’ve issued warnings to 38 shops, but that’s just a fraction of the estimated hundreds operating illegally. Newly released records reveal the location of every…