KY and DE Stream License Lotteries
The clock has started on market launches in Delaware and Kentucky after both states held lotteries for dozens of coveted...
CRB Monitor Securities Update | September 2024
Following a multi-period collapse, cannabis equities appeared to be in recovery mode for most of September 2024, with many of...
Majority of Missouri’s New Social Equity Licensees May Be Ineligible
Missouri continues to face challenges in issuing new social equity licenses after the state’s Department of Health and Senior Services...
More Conflicting Court Rulings Perplex Hemp Industry
Once again, judges in separate states have come to opposite opinions on how much state officials can regulate, or even...
BREAKING NEWS
D.C. Licensees Sue Gifting Shops, Landlords
A new association of licensed medical cannabis operators in Washington D.C., is...
K.U.S.H. Collective Shut Down, Products Embargoed
California cannabis regulators revoked the manufacturing and distribution licenses of Kinder Understanding...
NY Awards First New Medical Licenses Since 2015
New York’s Cannabis Control Board awarded three new Registered Organization (RO) licenses...
DE Draws Massive Application Pool for First License Lottery
Delaware is moving forward with the first round of lotteries for adult-use...
Tier 1 Cannabis-Related Business counts: 84,271 1A CRBs + 4,169 1B CRBs = 88,440 total
Pre-licensing refers to licenses in application. Approved/pending licenses are approved but pre-operational pending additional conditions.
Tier 1A businesses literally touch the cannabis plant at some point along the supply chain from seed to sale, and are licensed by a government agency or regulator.
Tier 1B businesses are highlighted as red flags by FinCEN in its marijuana banking guidance.