Opportunities in the Illinois Cannabis Market

Opportunities in the Illinois Cannabis Market

Illinois cannabis sales have skyrocketed and continue to rise since the start of recreational sales in 2020. Cannabis business licenses in the initial application round were limited and the process experienced technical errors, as well as delays due to the pandemic. The state continues to refine its legislation in an effort to create a fair application process and has even committed …

Comparing New York and New Jersey Cannabis Laws

Comparing New York and New Jersey Cannabis Laws

This article was originally featured on the CB Advisors blog. New York vs. New Jersey: A Guide to Recreational Cannabis in the Mid-Atlantic In a span of five months, two of the largest cannabis markets in the eastern U.S. legalized adult-use. Highlight of this blog is comparing New York and New Jersey Cannabis Laws. New Jersey voters approved the expansion of its …

new jersey cannabis regulations

New Jersey Cannabis License Application Regulations

August, 19 2021 The day we have all been waiting for has finally arrived, the New Jersey cannabis license application regulations have been released. Something to highlight is New Jersey will be requiring city approval, which may require more security regulations. Applicants will really need to focus on their perimeter security. Here is what we know so far for security: …

Oklahoma Medical Cannabis: Blossoming Legal Market or Black Market Hotspot?

Oklahoma Medical Cannabis: Blossoming Legal Market or Black Market Hotspot?

The Oklahoma medical cannabis industry in 2021 is one of the hottest cannabis markets in America. The lack of regulations and cheap startup costs has made the medical market in Oklahoma grow significantly since its inception, with almost 2,400 cultivation licenses issued in 2020 alone. But how sustainable is Oklahoma’s success?  The Rise of Oklahoma Medical Cannabis Since Oklahoma passed their medical …

Opportunities in the New Mexico Cannabis Industry

Opportunities in the New Mexico Cannabis Market

New Mexico has long been at the forefront of the evolving cannabis since it became one of the first states to allow medical-use cannabis in 2007. Now, the state is fully entering the industry with the signing of legislation to legalize the recreational use of cannabis. The signing of the Cannabis Regulation Act in New Mexico follows the legalization of adult-use cannabis …

Cannabis california

California Establishes the Department of Cannabis Control

After delays caused by the COVID-19 pandemic, California has officially established the Department of Cannabis Control. While the Bureau of Cannabis Control previously oversaw most cannabis businesses, the Department of Food and Agriculture had jurisdiction over cultivation, and the Department of Public Health oversaw cannabis manufacturing. Now, these three agencies have consolidated cannabis aspects and the Department of Cannabis Control (DCC) …

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 …

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 …

California Wildfires

California Wildfires: 2020 and 2021

While wildfire season does not have a set start date, wildfires typically increase in the hotter summer and fall months. Wildfires are common in states like Georgia, Texas, and North Carolina, but more acres have been burned by wildfires in California than any other state. The 2020 wildfire season was the worst in state history for California and more than 1 million …