Watching the Legalization Wave in Summer 2021: Week in Review

Cannabtimes

<![CDATA[As July comes to a close, we’ve got plenty of work to do in the cannabis space. Perhaps the biggest story of the month was the announcement of the Cannabis Administration and Opportunity Act, a fairly comprehensive legalization bill that actually stands a chance at making headway in Congress this year. It’s hard to say what that means to currently licensed cannabis business owners, except for the fact that change is coming. But you already knew that, right? That’s the name of the game. N.B.: Next month, we’ll be in Las Vegas for Cannabis Conference 2021. Check the full schedule of educational programming here—and make sure to register! We’ve rounded up some of the key cannabis headlines from the week right here.Ohio is making a run at adult-use legalization. Will it work? Read more “Colorado has created the Cannabis Business Office to promote social equity and provide financial and technical assistance to entrepreneurs in the industry.” Read more Speaking of Colorado, the state’s latest biennial reports puts some long-standing misconceptions around youth cannabis use and impaired driving to rest. Read more “The Illinois Department of Financial and Professional Regulation (IDFPR) awarded 55 cannabis retail licenses to 53 firms on July 29 in the first of three licensing lotteries aimed at improving social equity in the state’s adult-use market.” Read moreFrom Assistant Editor Andriana Ruscitto: “Jushi Chief Creative Director Andreas Neumann describes how the brand is leveraging non-cannabis sales to boost its core cannabis business.” Read more And elsewhere on the web, here are the stories we’ve been reading this week:KOB4: “New Mexico is eight months out from legal marijuana sales, and the state is already anticipating all shops will be completely sold out of cannabis within the first two weeks.” Read more Yahoo! Finance: “Tilray CEO Irwin Simon expects marijuana legalization in the U.S. to happen within…

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