Business Issues/Benchmarks: Page 245

Oklahoma Governor Rejects Bill to Amend State’s Medical Cannabis Program

The state legislature has opted not to override Gov. Kevin Stitt’s veto of the bipartisan legislation.

Manitoba Will License Additional Cannabis Retailers

The province will open its cannabis retail application to all prospective applicants June 1.

Minnesota’s Red Lake Nation Passes Medical Cannabis Referendum

The tribal nation is the first in the state to legalize medical cannabis.

California Offers License Fee Deferrals to Cannabis Businesses, Massachusetts Adult-Use Dispensaries Prepare to Reopen with Curbside Pickup: Week in Review

This week, California regulators unveiled a plan to defer license fee payments for 60 days to provide financial assistance to cannabis licensees affected by the COVID-19 pandemic.

Green Peak Innovations and Last Prisoner Project to Launch Two Joints Brand to Fund Criminal Justice Reform Efforts

One percent of proceeds from the sale of Two Joints products sold in Green Peak’s Michigan Skymint stores will go toward LPP.

Washington, D.C., Extends Medical Cannabis Protections for Public Workers

Legislators pass emergency amendment to protect workers from discrimination based on their legal medical cannabis use.

Nevada Dispensary Association Releases Nevada Cannabis Industry 2020 Economic Impact Report, Announces Total Taxable Sales at $692 Million in 2019

The report highlighted the revenues and other important economic effects the cannabis industry has in Nevada in fiscal year 2020, as well as projections going forward.

FSD Pharma Monetizes Non-Core Asset with Sale of Partial Equity Stake in Pharmadrug Inc.

The buyer holds the option to purchase additional shares.

Aurora Cannabis to Strategically Enter the United States with Acquisition of Reliva, LLC, a Mass Retail CBD Platform

The acquisition provides Aurora with a retail hemp-derived CBD brand that is currently sold in more than 20,000 mass retail U.S. locations.

Bipartisan Group of Attorneys General Urges Congress to Include Cannabis Banking Reform in Coronavirus Relief Legislation

Attorneys general for 34 states and territories sent a letter to Senate and House leadership asking them to allow banks to work with the cannabis industry.

The Greenhouse Transitions to Michigan’s Adult-Use Cannabis Market—and to Curbside Sales—as the State Responds to the COVID-19 Pandemic: The Starting Line

Owner Jerry Millen shares how the medical cannabis dispensary in Walled Lake prepared for adult-use sales at the dawn of social distancing, and how the coronavirus has impacted his business plans.

NYC Proposed Rules Would Allow More Pre-Employment Cannabis Testing

New York City enacted a pre-employment cannabis testing ban last year, but city officials are seeking to expand the list of exempted roles.

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