The Cayuga Nation in New York has announced plans to develop an adult-use cannabis enterprise, up to a year before recreational pot sales are slated to begin at state-licensed retailers.

The post New York’s Cayuga Nation To Sell Recreational Cannabis appeared first on High Times.

With little fanfare or advance notice, the Dormitory Authority of the State of New York (“DASNY”) released a request for information (“RFI”) last month to determine interest and solicit information from qualified parties for an investment fund to finance “the establishment and development of adult-use retail cannabis dispensaries (“RCDs”)” for social and economic equity applicants.

The post Funding New York’s Cannabis Social Equity Fund appeared first on Harris Bricken Sliwoski LLP.

New rules in Montana help clear up confusion over how those previously convicted for pot-related offenses can get their records cleared.

The post Montana Supreme Court OKs Temporary Rules For Cannabis Expungement appeared first on High Times.

New York revealed on Thursday that at least 100 of the state’s initial licenses will go to applicants who have prior cannabis convictions.

The post First Dispensary Licenses in New York Go to Those with Pot Convictions appeared first on High Times.

As reported (paywall) by the New York Times, New York intends to reserve its first retail licenses to sell marijuana for people convicted of marijuana related offenses, or their relatives.  The policy is part of the Marijuana Regulation and Taxation Act’s (MRTA) social and economic equity plan, which Simon Malinowski wrote about in this blog

The post New York to Reserve First Cannabis Retail Licenses for Those With Past Convictions appeared first on Harris Bricken Sliwoski LLP.

Only 53% of New Yorkers support the newly legal recreational legalization. According to recent polls, the remaining 47% do not want adult-use cannabis. This has made experts question the probability of having a thriving cannabis market when almost half the population is not interested.

One thing that is sorely lacking from California’s cannabis industry is consistency. Starting with statewide pot shortages just a couple of years ago, to a $100 million bailout last year, and now insane levels of overproduction that are driving market prices into the dirt – it seems that California keeps overcorrecting at every turn, and […]

The post California is Drowning in Cannabis, Product Prices Plummet   appeared first on CBD Testers.