Curaleaf executive talks cannabis industry challenges – Hartford Business
The cannabis industry is an exciting business filled with interesting people, Curaleaf executive Patrik Jonsson said, but it’s also extremely difficult and unforgiving. “I wake up every morning knowing I’m getting slapped in the face,” Jonsson said, quoting a business partner. “I don’t know by who, and I don’t know when, but I know I’m getting slapped in the face.” Speaking at an event hosted by the Hartford Business Journal in Farmington on Wednesday, Jonsson talked to an approximately 150-person audience, Jonsson, Curaleaf’s regional president for the Northeast region, and Shipman & Goodwin lead cannabis group attorney Sarah Westby said…
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Biden admin can legalize cannabis, congressional report says (Newsletter: November 4, 2021) – Marijuana Moment
MS gov dodges medical marijuana questions; PA bill to add small grower licenses; Study: Legal cannabis not tied to mental health problems Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… They say a journalist is a machine that converts coffee into copy. But where do you think the coffee comes from? Readers like you!Signing up for a $25/month subscription will help keep us digging, interviewing and reporting on all the cannabis news that’s fit to…
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Wash. state cannabis official: CT shouldn’t license too many producers out of the gate – Hartford Business
Connecticut cannabis regulators this week took in words of wisdom from a Washington official who’s overseen the Pacific Northwest state’s adult-use market since legal sales commenced there seven years ago. During a Tuesday meeting of Connecticut’s Social Equity Council, Rick Garza — who serves as agency director of the Washington State Liquor and Cannabis Board — said he thinks Constitution State regulators should initially license a limited number of growers, and increase based on market demand. When Washington regulators were setting up the state’s recreational marijuana program, they expected about 100 business license applications. They received nearly 2,900. When retail…
Read More »Delta-8, Hemp Joints Banned Under NY’s New CBD Rules – Law360
By Sam Reisman (November 3, 2021, 7:30 PM EDT) — New York state’s Cannabis Control Board voted unanimously Wednesday to approve a host of new regulations governing hemp-derived CBD products, while asserting that prerolled hemp joints and any psychoactive compounds, such as Delta-8 THC, are still unlawful. The new regulations were adopted at the CCB’s third meeting as part of a transition that will see oversight of the Empire State’s CBD retail market for consumable and retail products moved from the state Department of Health to the new Office of Cannabis Management. The rules, which became effective immediately, include requirements for the…
Read More »Cannabis Industry Pros Flock to Much-Anticipated MJBizCon in Las Vegas
It’s been two weeks since cannabis professionals from around the world convened at the Las Vegas Convention Center for the 10th annual MJBizCon, one of the industry’s largest events for making connections, building brand awareness and closing deals. The whirlwind 3-day event undoubtedly takes some time to recover from. With approximately 27,000 people in attendance, and over 250,000 square feet of exhibit space, there was a lot of ground to cover (an average of 4.5 miles/day, according to my iPhone). And while consuming cannabis products inside the convention center is prohibited, it was easy to catch a buzz off all…
Read More »MetLife funds $53M CT multifamily acquisition loan – Real Estate Weekly
JLL Capital Markets announced today that it has arranged $53.566 million in acquisition financing for Glenview House, a 146-unit, midrise multi-housing community with a ground-floor Walgreen’s location in Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential LLC, to secure the three-year, floating-rate loan through MetLife Investment Management. Glenview House consists of one-, two- and three-bedroom units averaging 1,280 s/f that offer lofts, vaulted ceilings, walk-in closets, wood-style floors, kitchen islands, double vanities in primary suites, GE stainless steel appliances and full-sized washer and dryers. The community features a courtyard with pool and barbeque area, fitness center, club room…
Read More »These Are the 15 Key Factors that Impact Your Cannabis Experience
Opinions expressed by Entrepreneur contributors are their own. The myth of the lazy stoner is dying a well-deserved death. America is waking up to the fact that cannabis consumers are also productive and valuable members of their communities. They’re parents, friends, neighbors, employers, and employees. Yet many consumers struggle to get the results they deserve from cannabis. Related: This Is What to Do If You Get Too High Inconsistent and unreliable outcomes We’ve all heard the story from the friend who ate a pot brownie that knocked them off their feet, got anxious and paranoid, and never touched weed again. But…
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Voters Weigh In on a Variety of Marijuana Ballot Questions – Norml
Voters yesterday decided on a number of state and local ballot initiatives specific to marijuana policies. On the nation’s only statewide marijuana-centric ballot proposal, Colorado voters rejected Prop. 119, which sought to increase state sales taxes on retail cannabis sales. NORML’s Colorado state affiliate had campaigned against the proposition, opining that excessive taxation on regulated marijuana products would drive consumers back to the illicit market. In Denver, city voters similarly rejected a separate measure (Ordinance 300) that sought to impose additional municipal taxes on marijuana sales. Local voters also decided on a variety of municipal ballot measures. In Philadelphia, the…
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