New York Cannabis: Social and Economic Equity Applicants

As we previously broadly summarized on December 27, 2022 (here), in late December 2022, the Office of Cannabis Management (“OCM”) released its first proposed adult-use cannabis rules and regulation for New York (the “Proposed Regulations”). The official document is 282 pages, so we won’t cover every detail. But we will highlight the big-ticket items, significant issues that all applicants should be aware of, and the license application process as a whole.  This post will go into detail the Social and Economic Equity sections and commentary provided for in the Proposed Regulations.  Keep in mind, the Proposed Regulations are still pending as OCM receives the final public comments to the Proposed Regulations.

For anyone considering applying for an adult-use license, we reiterate our recommendation of hiring an experienced, local cannabis attorney. At a minimum, understanding the overall framework of the licenses and the licensing process is a precursor to an in-depth consultation on a license application.

One of the more notable topics covered in depth by the Proposed Regulations is the establishment of a social and economic equity applicant, and licensee. If you remember, the Marijuana Regulation and Tax Act (“MRTA”) established a goal to award 50% of all adult-use cannabis licenses to

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Argentina Sets High Hopes On Cannabis Exports With Budding New Agency

Argentina on Wednesday launched the first working group of a new national agency to regularize and promote the country’s nascent cannabis industry, which ministers hope will create new jobs and exports generating fresh income for the South American nation. “This opens the door for Argentina to start a new path in terms of industrial exports, on the basis of huge global demand,” said Economy Minister Sergio Massa in a conference launching the national hemp and…

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Cannabis Acceptance as Legitimate Pain Relief Medication

A new survey shows how frequently cannabis is used to treat chronic pain. Fifty million American adults (20 percent) suffer from chronic pain, with almost 20 million having high-impact chronic pain, defined as substantially restricting activities for six months or more. A new study, reviewed by Johns Hopkins School of Public Health, now shows how well-accepted cannabis has become as a treatment for chronic pain in states permitting its medicinal use.[1] Research on medical cannabis…

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Is Cannabis The Secret To Orgasms For Women? Females Who Smoke Before Sex Are More Likely To Climax Multiple Times, Study Suggests

Cannabis use could be the key to multiple orgasms among women – as less than 50 percent report climaxing during a sexual encounter. A new survey of hundreds of people showed that women who smoke before sex or masturbate have improved orgasm capacity per encounter. The study, conducted by North Carolina researchers, suggested this is likely due to the drug making women relaxed and increasing their desire, which means the recreational drug could treat sexual…

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Breaking: FDA Says “No” to CBD Foods and Dietary Supplements

Since the passage of the 2018 Farm Bill, the hemp CBD industry has been eagerly awaiting FDA CBD regulations. In that time, FDA convened a working group to study how the agency would regulate CBD foods and dietary supplements. As of January 26, 2023, the FDA concluded that it will NOT regulate CBD foods or dietary supplements.

FDA and the States on CBD since the Farm Bill

Before jumping into the post, it bears noting that the FDA has taken the position, literally since the day the 2018 Farm Bill was passed, that CBD foods and dietary supplements violate the Food, Drug & Cosmetic Act. Nevertheless, it has issued only periodic warning letters and taken minimal actions against the CBD industry beyond these letters. The agency has also tended to focus more on egregious misconduct.

In the face of the FDA’s limited responses, states have filled the void with their own regulations, though we always knew the FDA was considering CBD food and dietary supplement regulations.

Now, the FDA is declining to move forward with regulations but has indicated that it would work with Congress if it passes separate CBD legislation. This is because the FDA concluded that its existing

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FREE Webinar, February 1: New York Cannabis Q&A

On Wednesday, February 1, 2023 at 2pm EST, Simon Malinowski will host a free, hour-long webinar to answer any questions about New York’s adult-use cannabis rules and regulations.

Simon is our lead New York cannabis attorney, based in Manhattan. He will cover a variety of topics including the application process, anticipated timelines and license types.

Please feel free to submit your questions in advance. Questions will also be taken throughout the presentation!

Register Here

In the meantime, check out our extensive blog coverage on these topics, including yesterday’s post by Simon: New York Cannabis: State of the State 2023. It’s finally time!

The post FREE Webinar, February 1: New York Cannabis Q&A appeared first on Harris Bricken Sliwoski LLP.

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Cannabis Stocks In 2023: The Impact Of The SAFE Banking Act Failure

Key takeaways The SAFE Banking Act is a bill designed to allow cannabis companies to access mainstream financial services, as it remains illegal at a Federal level The bill has so far failed to pass the Senate three times, making cash management a challenge for businesses in the cannabis industry The lack of access to banking is likely to continue to be a drag on the potential gains for cannabis stocks, but that doesn’t mean they’re not worth considering for your portfolio

– Read the entire article at Forbes.

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The Secrets to Smoking Cannabis Without Annoying Your Neighbors

The handheld smoking filters, room sprays, and capped ashtrays you need to sesh without alerting the Karen next door.

We independently source all of the awesome products and experiences that we feature on Thrillist. If you buy or book from the links on our site, we may receive an affiliate commission — which in turn supports our work.

There’s nothing quite like flower. Yes, the edible realm expands with interesting flavors and forms every day, and dabbable, vapable concentrates create new experiences from our favorite strains all the time. But that intoxicating aroma when you lean into that bag for a whiff, the full-bodied flavor that follows the flick of a lighter, the slow wave of relaxation that washes over your body and mind—it’s a special kind of ritual to enjoy cannabis flower in its natural state.

– Read the entire article at Thrillist.

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How We Get High: Our Bodies Are Perfectly Primed For Consuming Cannabis

Our bodies have an entire system that uses similar compounds to those found in cannabis.

How does cannabis get us high? When scientists started looking into it, their investigations led them to discover a previously unknown but fundamental biological system in our bodies. Just like circulation, respiration or immune regulation, this system is so basic to life that it can be found in all animals except insects.

The endocannabinoid system, and how it was discovered, is just one of the incredible things featured in Science & Cannabis, a new documentary from The Nature of Things.

– Read the entire article at CBC.

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New York State Convicted Him. Now It’s Made Him a Weed Pioneer.

Roland Conner became the first person with a criminal conviction to open a licensed cannabis dispensary in New York with the state’s help.

Roland Conner’s first foray into the weed business as a teenager in the early 1990s resulted in a string of arrests and convictions on possession and other charges.

Now, at 50, he is returning to the industry, this time with the state’s full support. Mr. Conner, who grew up in public housing in Far Rockaway, Queens, opened a dispensary on Tuesday in Greenwich Village under a state initiative to give people convicted of offenses related to cannabis a head start in the newly legal business.

– Read the entire article at The New York Times.

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