Ohio Cannabis Opportunities Featured Image

Opportunities in the Ohio (O-High-O) Cannabis Market

Ohio has become the latest state to legalize recreational cannabis, becoming the 24th state in the United States to do so. Voters passed Issue 2, which permits adults 21 and over to carry, buy, and grow cannabis. The law goes into effect on December 7. Adults 21 and over can possess 2.5 ounces of cannabis and 15 grams of extracts. …

US Map with Security Icon

Thoughts to Improve Cannabis Security Regulations Across the Nation

Sapphire works with clients all over the country to ensure that their security standards apply best practices and meet compliance requirements. However, several business owners in the cannabis industry alert us to burdensome requirements from regulators. This grievance is not merely an irritation; rather, it has real effects on security budgeting and which security solutions can be implemented. Certainly, one …

Minnesota Cannabis Market Featured Image

Opportunities in the Minnesota Cannabis Market

As of May 2023, Minnesota has passed a law legalizing adult-use cannabis. Signed by Governor Tim Walz, the law will go into effect on August 1st of this year. This new legislation creates the blueprint for adult-use cannabis in the state. A new Office of Cannabis Management will be established. This will regulate the cannabis business in the state, including …

U.S. Cannabis Legalization 2023 Update

2022 was an eventful year for cannabis activists, lawmakers, businesses, and consumers. 4 U.S. states legalized either medical or recreational cannabis, and most of them are from the Southeast region. As of January 2023, 38 states have a medical cannabis program, and 22 have legal recreational cannabis. States that Legalized Cannabis Here is a map that demonstrates the legal status …

Federal Cannabis Update 2022

Federal Cannabis Update: 2022

As more states legalize, there has been a growing wave of acceptance for both medical and adult-use cannabis across the nation. It can’t be ignored that 2/3rds of people in the United States now support the federal legalization of cannabis.  While many lawmakers agree that the federal government should legalize cannabis, it’s no easy process to move such legislation through the …

Cannabis Business Applications

Strategies for Merit-Based vs. Pass/Fail Cannabis Business Applications

Without a national program, cannabis business applications vary widely. While states like Illinois and Missouri license cannabis businesses through a state-wide program, states like California and New Jersey are allowing municipalities to run their own licensing processes. In addition to differences in state and municipal programs, there is no standard application format. This means almost every application is unique with …

Delta-8 in the United States

Delta-8 in the United States

Over the past few years, Delta-8 THC has made headlines as a form of “THC-lite.” Since the 2018 Farm Bill legalized the production of hemp as long as the Delta-9 content stays below 0.3%, Delta-8 manufacturers and retailers have found themselves in a legal gray zone. Now, states must decide for themselves whether to allow the sale and possession of …

Federal Cannabis Update: 2021

Federal Cannabis Update: 2021

The number of states embracing the cannabis industry has been on the rise, but federally, cannabis laws have remained stagnant. Although previous bills have failed to pass, 2021 may be different. This year, several bills have been presented with the intent of preventing banks from not doing business with cannabis companies, decriminalizing cannabis, promoting social justice, and ultimately legalizing the substance.  …

Medical Marijuana for Veterans

Is 2021 the Year for Expanded Access to Marijuana for Veterans?

Veterans are at an increased risk for depression, PTSD, and opioid dependency caused by the treatment of chronic pain. Although research into marijuana use for the treatment of these conditions has been promising, under federal law, veterans are currently not allowed to use or possess medical-use or adult-use marijuana, even if it’s legal in their state. Fortunately, in response to …