Business Issues/Benchmarks: Page 120

Virginia Budget Proposal Would Regulate Delta-8 Sales; Restrict Purchasing Age to 21

The general assembly passed a two-year state budget proposal June 1, which includes regulations on synthetic THC products, like delta-8.

Mississippi’s Online Medical Cannabis Licensing Portal Has More Than 1,800 Users

The state launched its application process for patients, physicians and businesses June 1, and 15 businesses have already applied for licenses.

Traverse City to Provide Cannabis License Applications For Up to 24 Dispensaries

The northern Michigan city will make applications available for adult-use licenses on June 13 and accept those applications Aug. 22-26.

Louisiana Lawmakers Pass Medical Cannabis Expansion Bill

Pending Gov. John Bel Edwards’ ink, the legislation would allow existing retail licensees to open new dispensaries after meeting increased patient counts.

Harborside Inc. Expands Leadership Team; Kavi Bhai Named Vice President of Financial Planning and Analysis; Angela Pih Named Vice President of Marketing

Lower Risks, Improve Processes and Increase Efficiencies With SOX Compliance

To be listed on a U.S. stock exchange, companies have to become SEC registrants and must comply with certain requirements, including the Sarbanes-Oxley Act of 2002 (SOX).

The Principles of Organic Hemp Cultivation

Organic hemp cultivation has its advantages, but going through certification may not be for everybody.

Illinois Adult-Use Cannabis Retailers Record Nearly $2.7 Billion Since Legalization

Cannabis shoppers in The Prairie State spent more than $129.8 million at adult-use dispensaries in May.

New Mexico’s Adult-Use Cannabis Sales Surpass $21 Million in May

The state launched its adult-use market April 1.

Will Hemp Fiber Eventually Become the Norm for Uses in Tennessee’s Automotive Industry?

A Tennessee trade association, state department and university are partnering to study the feasibility of hemp fiber production for the economy, with a specific focus on automotive applications.

Medical Cannabis Legalization Bill Clears North Carolina Senate

Senate Bill 711 passed the Senate in a 35-10 vote, but it will likely face more opposition in the House.

Montana 2022 Cannabis Sales Eclipse $123 Million

The Treasure State continued to add to the chest during its fifth month of adult-use cannabis sales, despite medical sales slipping.

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