Month: February 2022

by Gai Scher and Fabian Limon, Attorneys at Greenspoon Marder Blockchain technology is disrupting virtually every industry and new use cases for the technology are emerging daily. Non-Fungible Tokens, otherwise known as NFTs, are one of the fastest-growing of such uses, generating a media storm and fair speculation in the process. Yet, many remain largely
When sales in Louisiana’s restrictive medical marijuana program began in 2019, advocates and prospective marijuana business owners worried it would be tough sledding to survive financially, given the reams of regulations attached to the program. But the recent relaxation of many of those rules – including, crucially, the addition of more popular flower products – has rapidly drawn major
The Northeast is poised to transform the U.S. cannabis industry — and make New York City the nation’s weed capital. New York, New Jersey and Connecticut — with a combined population of 33 million — are scrambling to open recreational markets in the coming months. Millions of other East Coast residents in neighboring states will suddenly
The grocery run, the fuel-up and the utility bill are all costing more these days — not to mention the surging home prices and rising rents. But a trip to the neighborhood dispensary might not elicit similar feelings of sticker shock. While Americans have seen prices climb across most of their regular expenses, the cost
The NCAA has relaxed the amount of THC an athlete can have to trigger a positive test, and is recommending less-stringent penalties for athletes who do test positive for marijuana. The threshold levels for THC, which is the psychoactive ingredient in marijuana, will go from 35 nanograms per milliliter to 150 nanograms per milliliter, which
The Maryland House of Delegates on Friday passed bills to put marijuana legalization on the state’s 2022 ballot and set initial rules if voters approve the reform in November. The chamber had debated the proposals, rejected several GOP-led amendments and advanced them to third reading on Wednesday. Now lawmakers have given final passage to the
Welcome to the National Hemp Association’s In Conversation Series where we highlight our business members and affiliates.  This installment NHA Executive Director, Erica Stark interviews Khalee Kreider, Marketing Manager Kreider Farms.  Cracking Open Hemp’s Potential When talking about the building of the hemp industry you will often hear the ‘chicken or the egg’ analogy. Our
A U.S. sprinter who was suspended from competing in the 2021 summer Olympics over a positive marijuana test is challenging the recent decision to allow a Russian skater to continue to participate in this month’s winter games despite the discovery that she’d tested positive for a banned performance enhancement drug. Sha’Carri Richardson’s suspension last year
Faye ColemanFounder & CEO, Pure Genesis Calvin FryeOwner, Cloneville It has been an honor to serve as members of the Standing Committee for Social Equity for the National Hemp Association. As our mission is to extend supportive educational opportunities to communities missing generational inclusion, it begins with supporting existing inclusion visionaries, new business owners, leaders
The Maryland House of Delegates on Friday passed bills to put marijuana legalization on the state’s 2022 ballot and set initial rules if voters approve the reform in November. The chamber had debated the proposals, rejected several GOP-led amendments and advanced them to third reading on Wednesday. Now lawmakers have given final passage to the
Colorado officials have approved the language of two more psychedelics reform initiatives from the same campaign that already passed that procedural step for two separate measures it submitted late last year, activists say. Now it’s decision time. While the four proposals share commonalities—principally, ending criminalization of people over the use of certain entheogenic substances and
An ambitious new bill called the Cannabis Freedom Act from Missouri state Rep. Ron Hicks (R–St. Charles County) aims to legalize recreational marijuana consumption, provide relief to nonviolent offenders who used the drug, and allow restaurants, bars, and other private venues to sell cannabis. The bill would allow adults aged 21 or older to purchase and possess cannabis from licensed
New Jersey’s recreational marijuana industry keeps slogging toward its debut, with applications to expand five medical dispensaries now deemed complete – though still being reviewed. Another three are still incomplete. Applications filed in December for new cultivation and manufacturing businesses won’t be decided on by a mid-March target date, but regulators hope it won’t be
Colorado officials have approved the language of two more psychedelics reform initiatives from the same campaign that already passed that procedural step for two separate measures it submitted late last year, activists say. Now it’s decision time. While the four proposals share commonalities—principally, ending criminalization of people over the use of certain entheogenic substances and
How many jobs are in America’s legal cannabis industry? The 2022 Leafly Jobs Report found 428,059 full-time equivalent jobs supported by legal cannabis as of January 2022. Last year, the cannabis industry created an average of 280 new jobs per day. That’s a 33% increase in jobs in a single year. And it marks the
Colorado officials have approved the language of two more psychedelics reform initiatives from the same campaign that already passed that procedural step for two separate measures it submitted late last year, activists say. Now it’s decision time. While the four proposals share commonalities—principally, ending criminalization of people over the use of certain entheogenic substances and
While marijuana businesses often struggle to find banks that are willing to take them on as clients due to risks caused by the ongoing federal prohibition of cannabis, a new study found that banking activity actually increases in states that legalize marijuana. The research doesn’t make a direct connection between state-level marijuana reform and the
New York is opening the pathway for existing hemp farmers to grow cannabis this spring, in a move toward bolstering marijuana supply and equity. On Tuesday, Gov. Kathy Hochul signed legislation to create new conditional cannabis processor and cultivation licenses, which will allow groups to grow marijuana or help prepare cannabis products until June 2023. After that, they can apply