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Cannabis Business Times Newsletter
Entries Open: Best Cannabis Companies To Work For—2023
Cannabis Business Times
Landing in the Crosshairs
FDA Warns Four Companies for Selling Unapproved Animal Drugs That Contain CBD
The agency said in its warning letters that the drugs, which are intended for use in food-producing animals, violate the Federal Food, Drug, and Cosmetic Act. More >>
Different Tacks

New Mexico launched adult-use sales April 1. New Jersey opened sales on April 21, one day after the 4/20 holiday. New York’s adult-use program is on the way, with hopes to launch sales late this year or early 2023. And Rhode Island just became the 19th state to legalize, with Democratic Gov. Dan McKee signing the Rhode Island Cannabis Act into law on May 25.

It’s a busy year in cannabis, as ever.

So, what is the rest of the country waiting for? It’s the perennial question.

Sure, one shouldn’t just do something simply because everyone else is doing it, but if that “something” is providing access to wellness and leisure products while raking in billions in sales … what does the calculus look like?

Delaware Democratic Gov. John Carney vetoed a decriminalization bill on May 24—despite the bill receiving three-fifths majority support in both the House and the Senate. The CBT team tagged Delaware with a “likely” chance to legalize cannabis in 2022. Carney’s veto doesn’t send his state in that direction, necessarily, but there are many roads to reform.

In other news, Maryland voters will have their say on adult-use legalization this November. Similarly, organizers in Oklahoma are currently working to gather the required 94,911 signatures to place it on the November ballot. And North Carolina lawmakers have again introduced adult-use legislation after last year’s efforts stalled at the end of their 2021 legislative session.

Zach Mentz, Senior Editor

Kekkila BVB - CBT 6/1/22 June 16th Webinar No. 2
Relaxation: A Product Position
The Opportunity for Inhalable Products for ‘Stressed Out Millennials'
Brightfield Group’s Madeline Scanlon highlights the growing interest in inhalable CBD products among young, stressed out consumers, and how this presents a market opportunity for businesses. More >>
The Latest
Entries Now Open For Best Cannabis Companies To Work For 2023
The Parent Company CMO Esther Song Breaks Down Business, Culture and Heritage
In Suit Against Kern County, Apothio Alleges Illegitimate Investigation ‘Tips’ By Disgruntled Vendor, Fish and Wildlife Misrepresentation of FBI Findings, Sheriff Blow-Up at Government Meeting
Judge Ends Court Order, Allows Illinois to Issue 185 New Cannabis Dispensary Licenses
North Carolina Lawmakers Again Consider Adult-Use Cannabis Legalization
Study Shows California Dispensaries Will Not Serve Minors
Oklahoma Governor Signs Bill to Implement Two-Year Moratorium on Medical Cannabis Licensing
Connecticut Governor Signs Cannabis ‘Gifting’ Bill
Legislative Leaders Include New Cannabis Misdemeanor Proposal in Virginia’s Budget Plan
PurePressure - CBT Jun. 2022 SKU Selections Webinar on Jun. 17
There is No Guarantee
Mitigating Lenders' Risk: It’s Not Easy Selling a Cannabis Company for Parts
Collateral agreements are complicated in cannabis’s federally illegal limbo. More >>
More Resources

Was your cultivation or dispensary business a best cannabis company to work for in 2022? Registration is now open for the 2023 awards program, which will identify and recognize the best employers in the cannabis cultivation and dispensary markets. Be sure to register here.

Do you have an action plan if your business is selected for a federal audit? We’ll detail some of the mistakes to avoid in a June 14 webinar. Stay up to date on all of our upcoming webinars here.

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About CBT:
Cannabis Business Times is the most trusted source of actionable intelligence for plant-touching cannabis businesses throughout North America and is producer of the industry-leading Cannabis Conference.

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