Regulators should not be creating undue barriers of entry for those seeking to participate in the legal adult use marketplace. This new rule will encourage more inclusiveness and diversity in Washington’s growing cannabis industry.”
Category: INDUSTRY
The second lottery is reserved for equity applicants who have or whose family members have, a past marijuana conviction, or who have lived in a “disproportionately impacted area” for at least 10 years.
The bill seeks to increase diversity in the marijuana industry by awarding new dispensary licenses.
Members of the House of Representatives voted today in favor of a stand-alone piece of legislation, The SAFE Banking Act, to remedy the ongoing inconsistencies between state and federal marijuana laws.
Maine voters initially approved the legalization of cannabis sales in November 2016 by passing a statewide initiative, but lawmakers – led by former Republican Gov. Paul LePage – repeatedly took steps to delay the law’s implementation.
“The dramatic rise in retail marijuana sales is likely not so much a reflection of increased consumer demand, but of consumers shifting from the illicit market to the above-ground legal marketplace.”
“One unanticipated effect of the COVID-19 pandemic has been the growth acceleration of legal cannabis markets (and erosion of the illicit markets) in those states which have activated both medical and adult-use sales.”
Even in the continually uncertain world that Nevadans find themselves in, Nevada NORML is continuing to advocate for cannabis reform despite the strange corona-world of 2020.