Opportunities in the Texas Cannabis Market

Opportunities in the Texas Cannabis Market

While adult-use cannabis remains illegal in the state, the latest Legislative Session for Texas paved the way for an expansion of the state’s existing medical-use program. Like many previous Legislative Sessions, the majority of the bills in support of cannabis failed, such as Texas HB 441, HB 2593, and HB 3948. Unlike previous years, the 87th Legislative Session saw the passage of two …

California cannabis deserts

Eliminating California Cannabis Deserts

Although cannabis is legal throughout the State, access to cannabis varies depending on location in California. Due to differing cannabis laws in California cities, the State has developed cannabis hot spots, or areas where cannabis businesses are plentiful, and deserts where legal cannabis businesses are prohibited or limited. The Control, Regulate, and Tax Adult Use of Marijuana Act, otherwise known …

Cannabis Secure Storage

Secure Storage for Cannabis Businesses

Although storage is important for any business, it is especially important for businesses in cannabis and other high-risk industries. Any business that handles high-value products can be susceptible to theft without adequate secure storage procedures, but cannabis is also prone to deterioration when stored improperly. When designing and building out a cannabis facility, cannabis security experts prioritize choosing the proper secure …

New York Cannabis Industry

Opportunities in the New York Cannabis Market

Medical cannabis has been legal in New York since 2014, but the Marijuana Revenue and Taxation Act (S.854-A/A.1248-A) was only recently legalized by Governor Cuomo. Despite progress toward expanding access to cannabis in the state, a regulatory framework has yet to be established. Adults 21 years and older can currently possess up to 3 ounces of cannabis and up to …

Bay Alarm for Cannabis Businesses

Alarm Systems for Cannabis Businesses

An alarm system is an integral part of every retail establishment, but it is especially important for cannabis businesses. Though the requirements may be similar, regulations regarding alarm systems for cannabis businesses are different in every state. In addition to differing state guidelines, the cost, quality, and functionality of alarm systems can vary greatly. It is important to consider all components of …

New Jersey Cannabis Business Applications and Municipalities

Opportunities in the New Jersey Cannabis Market

New Jersey legalized recreational cannabis in November 2020 and the state is hopeful that New Jersey cannabis market will help boost their economy after COVID-19. The state has until August 21, 2021 to establish temporary rules for regulating cannabis businesses and will start accepting applications 30 days after.  New Jersey will not allow home grow, but the state will allow cannabis …

Texas HB awaiting approval in the Senate.

Texas Cannabis Updates: 2021

While Texas has seen multiple cannabis bills fail in previous years, the 87th Legislative Session has a few notable bills that have been gaining traction. The proposed bills aim to expand the state’s medical cannabis program, reduce penalties for cannabis possession, and increase research into cannabis, hemp, psilocybin, and other potentially beneficial drugs. With the session’s end on May 31, many Texas …

social equity programs

Social Equity Programs (SEP) – A Path to Success Part 2

As cannabis legalization spreads, many states are coming up with their own social equity programs. Social equity programs have been established in recreational cannabis markets like California, Illinois, Massachusetts, and Michigan aim to benefit those who have been disproportionately harmed by the enforcement of cannabis prohibitions. Although not every state has established a social equity program, it’s likely that these programs will become more widespread in the …

cannabis in California

California Cannabis Expansion

Following a sweep of victories in the 2020 elections, the cannabis industry in California is about to add multiple new cannabis businesses. The majority of the 35 reported cities/counties voted in favor of cannabis measures on the ballot, issuing in a wave of California cannabis expansion in 2021.  Although a majority of the approved ballot measures are for cannabis-related taxes, this is oftentimes an indicator …

Rhode Island Welcome Sign

Recasting High Society: Rhode Island Compassion Center Applications Are Open

The Application for Medical Marijuana Compassion Center License was released on Friday, July 17, 2020, for the compassion centers (dispensaries) by the Rhode Island Department of Business Regulation Office of Cannabis Regulation. All applications must be submitted by December 15, 2020. Rhode Island currently has 3 operating compassion centers and now is seeking to add one each to 6 different …