ALTON – Alton City Council aldermen laid over a motion to amend Title 4, Chapter 24 of the Alton City Code regarding cannabis dispensaries on Monday.
This decision may delay the opening of Alton Dispensary, owned by IllinoisCannabis49, at 3401 E. Broadway
The amendment was regarding the cannabis zoning map. The City Code currently splits Alton into two zones, Zone 1 in the north and Zone 2 in the south. This allows each zone to have one active dispensary at a time.
The proposed amendment to the City Code would allow the Alton Dispensary to become a part of Zone 1, allowing both businesses to exist at the same time.
“What this is going to do is one: add competition to an area that I think was not initially intended, but two, it’s going to make the entire northern portion of Zone 1 unusable for any other dispensary,” Little said.
The Alton Dispensary was originally located at 1400 E. Broadway, the same building Terrace currently occupies. When the Alton Dispensary first opened in May 2023, it was managed by Subsero Alton Ops, LLC.
In October 2023, the Alton Dispensary filed a lawsuit against
FDA Commissioner Says DEA Has No Reason to Delay Cannabis Rescheduling Decision
The U.S. Food and Drug Administration (FDA) Commissioner Robert Califf said this week that there’s “no reason” for the Drug Enforcement Administration (DEA) to “delay” its cannabis rescheduling decision, Marijuana Moment reports.
Califf made the statement during testimony on Thursday before the House Oversight and Accountability Committee, suggesting he does not believe the DEA is purposefully dragging its feet on last year’s rescheduling recommendation from the U.S. Department of Health and Human Services (HHS). Notably, it was reported in February that some DEA officials are skeptical about the recommendation to move cannabis from Schedule I to Schedule III under the Controlled Substances Act.
“[The] timing of a regulatory decision is something that would be up to the DEA, not up to me. There’s no reason for DEA to delay. They have to take into account all the regulations that are in play.” — Califf, in the report
The commissioner also responded to criticism by Texas Rep. Pete Sessions (R) that the rescheduling effort “did not base its assessment in scientific facts or realities” and “completely ignores the realities of a drug that is causing enormous consequences” for U.S. children and adults.
“Let me remind you that a Schedule III does not
Report: Cannabis Industry Currently Supports 440,000+ Full-Time Jobs
The cannabis industry now supports 440,445 “full-time equivalent jobs,” according to the 2024 Vangst Jobs Report published this week by the cannabis jobs platform Vangst in partnership with Whitney Economics.
The report also found that the industry added 22,952 new jobs in 2023, which was a 5.4% year-over-year increase from the previous year. The report also tracked the value of cannabis products sold in 2023 to total $28.8 billion, which was $2.7 billion — or a little over 9% — more than the previous year.
Revenues are expected to continue to rise in 2024 and 2025 with the report predicting another 9% rise in annual revenue this year, with particularly hot job markets expected to open up in Ohio, New York, New Jersey, and Maryland as those states’ industries continue to develop.
“When we started Vangst, there were less than 50,000 full-time employees in the cannabis industry. Less than a decade later, there are 440,445 full-time employees in cannabis, a number that will continue growing.” — Karson Humiston, Vangst Founder & CEO, in a press release
The industry’s overall job growth represents an important turnaround after an approximately 2% decline in cannabis industry jobs from 2022 to 2023.
Vangst is
Cannabis Dispensary OK’d In Collingswood: Are You For It? (POLL) – Daily Voice
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Collingswood Planning Board ok’d plans for the dispensary on Monday, April 8. It’s expected to open by the fall.
Acreage Holdings would open a retail outlet called “The Botanist” at 35 E. Crescent Boulevard (Route 130), in the former Egbert Express courier service property, according to Collingswood Administrator Cassandra Duffey.
“It’s exciting,” Duffey said.
Acreage operates The Botanist locations in Atlantic City, Egg Harbor Township, and Williamstown.
“They’re established in the industry,” Duffey said.
The Acreage property shares a parking lot with Universal Ballroom Dance Studio. Its owners also are working on plans to redevelop that building into a cannabis retail outlet.
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Video shows the moment a vehicle smashed into an Attleboro cannabis dispensary – Turn to 10
Please ensure Javascript is enabled for purposes ofwebsite accessibilityVideo shows the moment a vehicle smashed into an Attleboro cannabis dispensary
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Foreign Investment in U.S. Cannabis: Five Key Considerations
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Cannabis investments are difficult enough when the investor is a U.S.-based person or entity. But things can get immensely more complicated when foreign investment is on the table. Today I want to highlight some of the top considerations for foreign investors and U.S. cannabis companies alike.
1. Legality could cause serious headaches
To this day, cannabis remains federally illegal. State legality has zero effect on federal law. Even the possible rescheduling to schedule III of the Controlled Substances Act (CSA) will not make cannabis federally legal. Things are clearly a mess.
In our cannabis team’s experience, a huge number of foreign investors do not appreciate the nuances between state and federal law and how it could effect them. For example, federal tax laws are unforgiving and don’t allow standard deductions for marijuana businesses. Additionally, federal illegality means that businesses will be siloed without interstate commerce, can’t get access to banking, can’t get access to basically anything for market rate, and so on.
All of these things mean that investments are simply unlikely to net big returns. Sadly to say, lots of investors end up writing off their investments. While federal legality alone isn’t the only
6 Bricks Cannabis Dispensary in Springfield will host NFL Hall Of Famer Calvin Johnson – Western Massachusetts News
SPRINGFIELD, Mass. (WGGB/WSHM) – 6 Bricks Cannabis Dispensary in Springfield will host NFL Hall Of Famer Calvin Johnson famously known as “Megatron.”
The event is at 2:00 Friday afternoon at the dispensary’s location on Main Street.
Johnson is at the business to celebrate a collaboration between 6 Bricks and his own cannabis brand, Primitive.
Primitive is a Michigan-based cannabis brand, is now offered in Springfield through 6 Bricks.
In 9 seasons in the NFL, Johnson amassed over 11,500 yards, 83 touchdowns, and caught over 730 passes.
Copyright 2024. Western Mass News (WGGB/WSHM). All rights reserved.
What to know when buying recreational marijuana; 4/20 deals in Gardner – The Gardner News
For marijuana enthusiasts, advocates, and occasional partakers, Saturday, April 20, is a day to celebrate the cannabis plant and culture.
While the festivities seem to be a day filled with marijuana consumption, many advocates and dispensary owners see this as an opportunity to educate anyone who might be curious about cannabis.
There is no specific origin to how the yearly April 20 festivities began, but many stories have been passed down from generations of users. The most widely known origin story, according to the High Times, is the Legend of the Waldos, which dates back to 1971 at San Rafael High School in California
A group of five high school students, who called themselves the Waldos, would meet up after school at 4:20 p.m. every day to smoke “doobies” under the school statue of Louis Pasteur. The legend also said this group of friends would search for a mysterious cannabis field in the hills just outside town.
Attleboro Woman, Others Injured As SUV Crashes Into Dispensary – wbsm.com
ATTLEBORO (WBSM) — Attleboro Police are investigating after an SUV crashed into a cannabis dispensary Thursday afternoon.
According to Attleboro Fire Chief Scott T. Lachance, the department was dispatched to Zahara Cannabis Dispensary at 70 Frank Mossberg Drive at around 1:30 p.m. on April 11 for a report of a car that crashed into the building.
First responders arrived to find a Nissan Pathfinder had crashed through a wall and came to a stop about 15 feet into the store.
According to Lachance, the Pathfinder was being operated by a 62-year-old Attleboro woman, who was the only person in the SUV. She was injured, as were two people that were inside the store at the time of the crash. The three people were transported to a local hospital by ambulance with injuries that were not life-threatening.
A city building inspector was called to the scene and determined the building is structurally sound. Firefighters had to cut away parts of the building in order to allow a tow truck to remove the vehicle from inside the store.
Attleboro Police are investigating but as of this time, no charges have been announced against the driver.
25 of the Best Names for Cannabis Shops in Massachusetts
Gallery Credit: Ginny Rogers
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Dispensary opens in Soulard despite pushback – First Alert 4
ST. LOUIS, Mo. (First Alert 4) – A new Soulard dispensary is now open despite pushback from a nearby charter school and neighbors.
Last year, First Alert 4 reported about Kind Goods wanting to open its dispensary on South Broadway.
The problem for some was that it sits near a school.
Kind Goods is now open inside the old Jimmy John’s location, across the street from Lift for Life Academy.
Back in 2020, the board of aldermen removed a distance requirement for dispensaries.
However, a new bill has been introduced that would increase that requirement to 500 feet if a dispensary is near a church or school.
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