Cultivators and dispensaries have different but important security needs; thus, regulators mandate requirements of facilities to ensure that the businesses do not fall victim to theft and diversion. Common regulations involve commercial video, alarm, and access control systems. These requirements are the minimum for businesses, and businesses can choose to do more than the regulators require. How about laboratories though? …
This article was originally featured on the CB Advisors blog. The state of Florida established a medical marijuana program in 2016. Access to medical cannabis is through state-licensed businesses allowed to grow, manufacture, and sell medical cannabis. To purchase and have medical cannabis, patients must have an active Medical Marijuana Use Registry (MMUR) Identification Card. Qualifying conditions include cancer, epilepsy, …
Despite being one of the oldest legal markets in the country, California’s cannabis industry is still going through major changes. In July 2021, the state established the Department of Cannabis Control by consolidating the authority of three former state cannabis authorities: the Bureau of Cannabis Control, the Department of Food and Agriculture, and the Department of Public Health. Since then, state regulations …
The State of New York is making progress toward legalizing recreational cannabis sales, with almost 40% of municipalities opting in, including all five boroughs of New York City. Many municipalities have opted out, however, and the state’s regulatory framework has yet to be finalized. Despite this, if regulators stay on track, licensing will begin soon and legal sales will begin …
The New Jersey Cannabis market has undergone a lot of turbulence and delays, especially for prospective business owners. The state has an existing medical cannabis market and will soon be accepting licenses for adult-use cannabis businesses. With the recent announcement of winning medical cannabis applicants after a lengthy delay and the newly legalized adult-use market and licensing process, the New …
Sapphire Risk Advisory Group is celebrating success in New Jersey after all but one of their 2019 clients were awarded medical cannabis dispensary licenses. Sapphire Risk’s scores in the Security Plan section of the application were some of the highest in New Jersey and helped set the tone for the rest of the application. Knowing that each applicant’s submission begins with their Security Plan, …
Read Part 1 here. Since the early days of legalization in states like California, Colorado, and Washington, the landscape of the cannabis industry has changed dramatically. In fact, the United States cannabis market of today hardly resembles what it did just 8 short years ago. In the central United States, recreational and medical legalization efforts may be expanding to include states …
The New Jersey Cannabis Regulatory Commission announced on November 9th that it will begin accepting applications next month. The initial deadline set by the state was not realized in September, but now it appears that the program roll out is back on track. Applications for Class 1 Cultivator Licenses, Class 2 Manufacturer Licenses, and Testing Laboratory Licenses will be accepted starting …
Joining the domino of cannabis legalization in the United States, Connecticut is one of the most recent states to enact legislation that legalizes cannabis use recreationally. Connecticut previously only permitted the use of medical marijuana, but will soon allow retail sales. The state released guidelines last week that provided some answers for those interested in entering this developing market. Current Status …
This article was originally featured on the CB Advisors blog. Just three months after voters approved recreational marijuana in November 2020, the Arizona adult-use program was up and running, making it one of the fastest implementations in the country. Recreational marijuana sales in Arizona have been strong. MJBizDaily projects that the state’s recreational market could be worth $350-400 million in its …
