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Illinois 2022 adult-use cannabis sales surpass 1.55B

Illinois News Joint

The record-breaking month pushed Illinois’ sales totals for 2022 passed the 1.55 December total out-of-state resident sales reached $41,439,616.92, which finished only behind July 2022 total of $43,503,289.06. The 2022 sales totals of $1,552,324,820.37 2022 Totals: $1,552,324,820.37. billion mark at $1,552,324,820.37.

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Philadelphia’s Restrictions on Pre-Employment Marijuana Tests Become Effective January 1, 2022

The Blunt Truth

Effective January 1, 2022, most Philadelphia employers will be prohibited from requiring prospective employees to undergo testing for the presence of marijuana as a condition of employment. Currently, only New York City and Nevada have similar drug testing restrictions, but we expect this trend to continue.

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Newly Published Paper: Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act

Cannabis Law Report

Drug Enforcement and Policy Center, August, 2022. 21 Pages Posted: 12 Aug 2022. Date Written: August 11, 2022. As a condition of safe harbor, require financial institutions to demonstrate compliance with anti-discrimination laws such as the Equal Credit Opportunity Act. Ohio State Legal Studies Research Paper No.

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New Cannabis Bills Get Drafted in Oklahoma

Veriheal

Activists in the state have finalized language for two cannabis ballot initiatives that they hope to place in front of the state’s voters in 2022, contingent on gathering at least 177,958 valid signatures from registered voters on each initiative. Things are looking up for the cannabis community in Oklahoma.

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Press Release: Pritzker Administration Announces All First Round Conditional Adult Use Cannabis Dispensary Licenses Have Been Issued

Cannabis Law Report

Press Release – Friday, August 19, 2022. CHICAGO — Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued three additional Conditional Adult Use Dispensing Organization Licenses to applicants selected in lotteries held in the summer of 2021.

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Connecticut Becomes the 20th Jurisdiction to Legalize Recreational Marijuana

The Blunt Truth

Although provisions relating to possession are effective now (as of July 1, 2021), the employment-related provisions are not effective until July 1, 2022. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older. Does the law exempt any industries or positions?

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Greenwave Expects Q2 2022 Revenues to Grow by 40% over Empire’s Q2 2021 Revenues

Cannabis Law Report

The Company expects revenues for the second quarter of 2022 to grow by 40% over Empire’s second quarter 2021 revenues and to generate positive cashflows from operations for the six months ending June 30, 2022. Further, the Company expects to generate positive cashflows from operating activities for the six months ending June 30, 2022.