Industry Headlines: Page 237

Proposed Settlement Could End Dispute Over Nevada’s Cannabis Licenses

A settlement that would reshuffle some of the licenses could end a legal battle between the state and businesses that were not granted adult-use dispensary licenses in 2018.

Arizona Governor Opposes Ballot Measure to Legalize Adult-Use Cannabis

Gov. Doug Ducey called the measure “a bad idea based on false promises.”

U.S. House Approves Federal Protections for State-Legal Cannabis Businesses, Maine Expects Adult-Use Sales to Launch This Year: Week in Review

Lawmakers passed an amendment this week that bars the Department of Justice from using taxpayer funds to enforce federal anti-cannabis laws in states that have legalized medical and/or adult-use cannabis.

Maine Expects Adult-Use Cannabis Sales to Launch by the End of the Year

The Office of Marijuana Policy delayed its planned June launch due to the COVID-19 pandemic, but the first cultivators, manufacturers and testing labs are expected to open this fall.

Michigan’s 2020 Adult-Use Cannabis Sales Surpass $200 Million

Adult-use sales have generated nearly $35 million in excise and sales tax revenues since the market launched in December 2019.

149 Growers Apply to Participate in the Netherlands’ Regulated Cannabis Cultivation Experiment

The Ministries for Medical Care and of Justice and Security will evaluate the applications and license 10 growers by early 2021.

FSD Pharma Announces Decision to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.

FV Pharma will shut down operations within 30 days.

MCBA to Host Webinar on Social Equity and Real Estate

The event, “Real Estate 101 for Social Equity Owners and Applicants,” will take place at 2 p.m. EST on Aug. 5

New Poll Determines Majority of New Jersey Voters Support Adult-Use Cannabis Legalization

Sixty-eight percent of the state’s voters support legalization, according to the first in a series of polls conducted by Brach Eichler LLC’s cannabis law practice.

Red White & Bloom Brands Acquires Platinum Vape

The company has signed a binding letter of intent to purchase Platinum, a producer of vape cartridges, edibles and flower that is spearheaded by father-and-son team George and Cody Sadler.

Chicago-Based Cannabis Company NuMed Changes Name to NuEra

The business, which operates three dispensary locations, is now vertically integrated after taking over ownership of the Hillcrest Cultivation Center in Rochelle, Ill.

Boston City Councilors File Amendments to City’s Cannabis Equity Ordinance

The proposed amendments will be introduced July 29, then will be assigned to a city council committee for a public hearing.

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