Tag: Investing

Read More

Hawaii lawmakers pivot from recreational legalization to medical marijuana expansion

Hawaii lawmakers are reportedly giving up the ghost on legalizing adult-use marijuana this year, but they still want a significant expansion of the state’s medical cannabis program, along with a crackdown on the illicit market. State Sen. Jarrett Keohokalole, who chairs the Senate Commerce and Consumer Protection Committee, told HawaiiNewsNow …

Read More

Minnesota cannabis regulators inundated with thousands of license applications

Minnesota marijuana regulators have more than 3,500 business license applications to sift through in coming months, including up to 2,100 potentially for dispensary operators and another 2,000 possible growers. According to The Minnesota Star Tribune, the state’s Office of Cannabis Management received 1,444 social equity cannabis license submissions during its …

Read More

Florida court maintains $1.3M medical marijuana license renewal fees

Florida’s First District Court of Appeal upheld a state formula requiring medical marijuana operators to pay around $1.3 million in biennial license renewal fees, rejecting arguments that the state should offset these costs with other cannabis-related revenue. The unanimous ruling, issued Wednesday, affirmed that the Florida Department of Health acted …