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CannaButter Digest

Cannabis News

NY Voting on 36 Finalists of 903 Applicants for First Marijuana Retailers

NEW YORK, NY – Office of Cannabis Management is voting today, Monday, November 21 on the 36 finalists that will become New York’s first marijuana retailers. According to the New York Times, the finalists were selected from a pool of 903 applicants and are mix of businesses and nonprofit organizations. The goal is to have […]

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Medicinal Marijuana Almost Legal in Kentucky

LOUISVILLE, KY – Governor Andy Beshear signed an executive order that will legalize citizens of the state to possess under 8 ounces of medicinal marijuana purchased from states that can legally sell it. WDRB reports the executive order is set to go into effect on January 1, 2023. In order to legally possess, citizens must […]

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MN Governor Prioritizes Legalizing Cannabis

Minnesota Governor Tim Walz announced his plans for the full legalization of marijuana in the state by next year. He also invited former governor Jesse Venture, a longtime advocate for cannabis reform, to the signing ceremony once a legalization bill is on his desk. Ventura detailed his conversation with Walz, including their discussion about the effects of […]

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Senate passes bill to expand medical marijuana research

For the first time in history both chambers in Congress have passed a standalone bill related to marijuana. Senate unanimously passed a bill to expand medicinal marijuana research on Wednesday. This bill was previously unanimously passed by the House in July. The bill will now go to President Biden for approval, according to Politico. As […]

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Recreational Cannabis Will Soon Be Legal in Half of the U.S.

Approximately 155 million Americans live in states where cannabis is legal. There are now 21 states allowing the legal possession of marijuana for anyone 21 and older after recently passed laws in Maryland and Missouri. However, North Dakota, South Dakota, and Arkansas voters rejected legalizing cannabis in those states. It’s the first time more than one […]

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Low-interest loans available in Connecticut for cannabis businesses

HARTFORD, CT – As part of the social equity program in Connecticut certain cannabis businesses can now apply for low-interest loans. According to Hartford Courant, the loans are paid out from the $50 million fund from the Social Equity Council (SEC). Cannabis businesses that are social equity partners with provisional licenses can apply for the […]

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Czech Republic Joins Germany in Move to Legalize Recreational Weed

The Czech Republic is working towards legalizing cannabis for adult use. The goal is to coordinate with Germany and share best practices and information for regulation in the cannabis industry. A bill is underway by the Czech coalition government and is expected to be ready by March 2023. By January 2024, full legalization might go […]

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Voters from 2 of 5 States Approved Legalizing Recreational Marijuana

Five states, Arkansas, Maryland, Missouri, North Dakota, and South Dakota, allowed voters to decide in the 2022 election if they’d like to legalize marijuana. Two states, Maryland and Missouri, approved the decision to legalize recreational marijuana, according to CNN. Maryland will allow possession of 1.5 ounces or two plants for people 21 and up starting […]

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Diddy Moves into Cannabis Industry with $185 Million Purchase

Well-known rapper and business mogul Sean “Diddy” Combs recently agreed to purchase Columbia Care and Cresco Labs marijuana retail and production assets for $185 million. Outside observers believe the deal will create the largest Black-owned cannabis company nationwide. Cresco and Columbia Care are closer to finishing a merger after selling their production and retail facilities. The companies […]

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