New pharmacy has prescriptions for uninsured, those with low-income – Southern Standard

For local residents gripped with poverty, the cost of potentially life-saving medicine can be a cost they cannot afford.

Dispensary of Hope is here to help.

A grand-opening and ribbon-cutting ceremony was held Friday for a community pharmacy that’s operating in partnership with Ascension Saint Thomas River Park Hospital.

The goal is to make vital medications more affordable and accessible to those in need. The Dispensary of Hope pharmacy will be for low-income and uninsured residents to provide no-cost, or low-cost, prescription drugs.

“We hope this pharmacy changes the whole landscape of our community’s healthcare,” said River Park CEO Dale Humphrey. “We never want people to make the decision of whether to pay their rent, their light bill, or pay for their prescription medicine.”

Dispensary of Hope is a charitable medication distributor which got its start in Murfreesboro around 15 years ago. It has grown to more than 300 pharmacies in 40 states. This is the fifth location where Ascension Saint Thomas has partnered with Dispensary of Hope.

“This is a community pharmacy which has distributed tens of millions of doses in medicine,” said Greg Pope, Ascension Saint Thomas chief mission integration officer. “There is no reason for anyone in the U.S. to die due

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FREE Webinar – Building a Cannabis Business in New York: An Operator’s Perspective

Register HERE!

As New York entrepreneurs gear up to apply for state licenses to produce and sell regulated cannabis products, there are many unknowns surrounding how the business environment will develop. Michael Dundas founded and led one of the largest regulated cannabis businesses in Massachusetts from the inception of its medical program in 2012 until he sold the company in 2019. Dundas operated a fully vertical business, meaning it cultivated plants, manufactured cannabis-infused products, and operated three retail facilities. He understands the myriad challenges that must be overcome in building a successful regulated cannabis business in a new marketplace.

On Thursday, September 23rd at 12pm ET / 9am PT, join successful cannabis entrepreneur Michael Dundas of Navigaire Advisors LLC and Harris Bricken’s lead New York cannabis attorney Simon Malinowski as they discuss the finer points of what it will take to build a successful cannabis business in New York during this FREE webinar.

The webinar will cover the following topics:

The current status of the Cannabis Control Board and the Office of Cannabis Management The issuance of rules, regulations, and application procedures General issues related to regulated startups generally Specific information for preparing to apply for a license in

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Cannabis M&A: Get to Know Your New Landlord

Getting to closing on a cannabis M&A transaction is always a hurdle (read about that process in detail here). There are always a lot more contingencies to closing for cannabis M&A transactions than for run-of-the-mill businesses that don’t operate in highly regulated fields (e.g., cannabis acquisitions will require approval from state and possibly local agencies).

One closing condition that people often don’t focus on enough is landlord consent which often can be a huge challenge. In this post, I’ll look at why this is even an issue, and what makes it so challenging.

For the purposes of this post, I’ll focus mainly on business and asset purchase transactions. In California, M&A transactions generally involve business purchases given rules that prohibit transfer of license. Other jurisdictions may allow licenses to be transferred or at least obtained more easily while a business continues to operate and so purchases of all assets of the business (including their leasehold interest in the property they use) may be more common.

Whether someone is buying some of a cannabis business, all of a cannabis business, or just the assets of a cannabis business, the buyer is going to need to get the landlord that owns the property

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Cannabis license lottery winners face supply chain challenges after repeated delays – Greater Milwaukee Today

After more than a year of delays, 55 new cannabis dispensary licenses have been awarded in a lottery, but the winners may face further delays and challenges.

The winners were chosen from a pool of 626 applicants who scored 85% or greater on their applications. Since Illinois legalized recreational marijuana last year, only previously existing medical marijuana dispensaries have been allowed to also open retail shops.

A lack of cannabis flower could mean further delays for the new license holders who had to wait because of the pandemic and legal challenges to the application process.

Pam Althoff, executive director of the Cannabis Business Association of Illinois, said the state will have to assist growers in any way it can.

“Its tremendously important for the Department of Ag to give everybody the availability to expand to their highest level so that we can get that raw material out so these products will meet the demand once these dispensaries come online,” Althoff said.

Another obstacle faces lottery winners. A Cook County judge issued an emergency order that allowed Illinois to go forward with the lottery, but restricted the state from awarding licenses to the winners. On Aug. 9, a group of dispensary applicants will argue in

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Chicago businessmen awarded cannabis license for future Springfield dispensary – KPVI News 6

A Black-owned marijuana dispensary is coming to Springfield.

Chicago businessmen Brian Scruggs and Kamau Murray of Herbal Quality Control LLC on Thursday were awarded a cannabis license by the Illinois Department of Financial and Professional Regulation to operate a recreational dispensary in Springfield.

The dispensary will be the first of three licenses coming to Sangamon and Menard counties as part of the state’s three-round lottery, which has a renewed focus to award licenses to minorities and those with past marijuana-related convictions due to recent legislation.

“The outcome of the original scoring process prompted a reply that the results did not meet their original goal of social equity,” said Pamela Althoff, executive director of the Cannabis Business Association of Illinois and former state senator.

“It was the entire reason why the State of Illinois had the additional lottery,” Althoff said referring to a lack of licenses being awarded to those who were historically disenfranchised as a result of past marijuana laws. The drug became legal for recreational use in Illinois in 2020.

Earlier in July, Gov. JB Pritzker signed a bill into law that changes the state’s grading system for cannabis licenses to better promote minority applicants. A study by the American Civil Liberties Union

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