Cannabis Business Times’ Top 10 Articles of 2021

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<![CDATA[2021 was another year of growth—and challenges—for the cannabis industry. Connecticut, New Mexico, New York and Virginia legalized adult-use this year, while states that legalized in the 2020 election—including Arizona, Montana and New Jersey—established regulatory frameworks for their adult-use programs. Delta-8 THC caught the industry’s attention as several states moved to regulate or ban the compound, and Texas drew particular scrutiny after the Department of State Health Services moved to ban the production and sale of delta-8 in October. Access to banking remained one of the biggest obstacles for cannabis businesses, with federal legislators removing the latest iteration of the Secure and Fair Enforcement (SAFE) Banking Act from a national defense spending bill in early December. As we look toward 2022 and the continued evolution of these and other industry issues, we reflect on Cannabis Business Times’ top 10 most popular articles of 2021. 10. Flying With Cannabis in New York? Rest Easy. While transporting cannabis across state lines is illegal, even between two states that have legal markets and share a border, it is not a concern for Transportation Security Administration (TSA) agents in New York. In July, reports surfaced of a federal security director of 15 upstate airports saying that travelers who possess cannabis are not TSA’s focus during screenings. Read more9. Cresco Labs’ Acquisition of Bluma Wellness Combines Two Like-Minded Companies, According to Executives Multistate cannabis operator Cresco Labs announced in January that it would acquire Bluma Wellness, a vertically integrated company with operations in Florida. Company executives told Cannabis Business Times that the transaction would combine two like-minded companies with similar business models. Read more8. Oklahoma House Passes Bill to Limit Medical Cannabis Licenses In early March, the Oklahoma House passed House Bill 2272 to place a temporary license cap on medical cannabis businesses. The measure, which directed the Oklahoma Medical Marijuana Authority to…

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Source : Cannabis Business Times’ Top 10 Articles of 2021

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