Category: Blog Post

The Fyllo Regulatory Database creates unparalleled visibility at every level of government, with access to more than 4,300 sources in 1,450+ jurisdictions across the country. Today’s leading MSOs, SSOs and law firms rely on Fyllo to accelerate research, track licensing opportunities and make better decisions. To learn more or schedule a demo, please visit hellofyllo.com.

Maryland voters will be able to make their voices heard when adult-use cannabis will be on the ballot. Two bills that place the question on the ballot and establish licensing and operational regulations have been allowed to go into effect without the Governor’s signature. HB 1 is the bill placing the referendum on the November 2022 ballot and does not require a final signature by the Governor while HB 837 establishes the rules for the adult-use cannabis program if the ballot measure passes. Governor Hogan announced he would allow HB 837 to pass without his signature to provide regulatory guidance if the ballot measure is approved.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

The Fyllo Regulatory Database creates unparalleled visibility at every level of government, with access to more than 4,300 sources in 1,450+ jurisdictions across the country. Today’s leading MSOs, SSOs and law firms rely on Fyllo to accelerate research, track licensing opportunities and make better decisions. To learn more or schedule a demo, please visit hellofyllo.com.

Senate Bill 1326 was set for a hearing on April 18th, 2022 which if moved forward and approved would allow interstate contracts between California and other states for cannabis-related business transactions. If passed, the California governor could enter into agreements with neighboring states to allow for licensed cannabis entities to work together across state lines making it a first-of-its-kind bill and expanding industry opportunities.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

New Jersey kicked off adult-use cannabis sales on April 21.

Will this help to expedite New York’s timeline for announcing a go-live date? With each passing day, it is expected that millions of dollars in tax revenue will cross the bridge. How much will New York’s inability to hurry their timeline inflate New Jersey’s exploding cannabis sales numbers? Either way, this is another massive step forward as the east coast continues to make waves.

Bryan Fields, Eighth Revolution

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

The Fyllo Regulatory Database creates unparalleled visibility at every level of government, with access to more than 4,300 sources in 1,450+ jurisdictions across the country. Today’s leading MSOs, SSOs and law firms rely on Fyllo to accelerate research, track licensing opportunities and make better decisions. To learn more or schedule a demo, please visit hellofyllo.com.

A campaign, which seeks to place a petition on the November ballot to legalize recreational cannabis, has been given the authorization to begin collecting signatures. Unlike two other cannabis ballot initiatives, SQ 818 and SQ 819, being considered this election season, SQ 820 would not alter the Oklahoma Constitution if approved by voters and therefore requires only 95,000 signatures collected by August 1st deadline. Petition language calls on the Oklahoma Medical Marijuana Authority to license and regulate adult-use cannabis businesses and to establish a 15% excise tax on sales to consumers. The measure would also provide a path to redesignate, expunge, or reverse certain cannabis sentences.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

The Fyllo Regulatory Database creates unparalleled visibility at every level of government, with access to more than 4,300 sources in 1,450+ jurisdictions across the country. Today’s leading MSOs, SSOs and law firms rely on Fyllo to accelerate research, track licensing opportunities and make better decisions. To learn more or schedule a demo, please visit hellofyllo.com.

On May 13, 2022, the Governor’s Office released a revised 2022-2023 state budget proposal that includes reforms to state cannabis taxes. One of the more significant changes would lower the cultivation tax rate to zero. The proposal comes after the wholesale price of flowers dropped to as low as $400/lb in some parts of the state and growers became desperate for financial relief. Other budget updates include revised cannabis tax revenue allocations and strengthening tax enforcement policies.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

Excitement and interest is booming, and New Jersey is leading the way with $2 million in cannabis sales on their first day. With other east coast dominos lining up, preparing to kick off adult-use sales, a massive wave of excitement is flooding the entire eastern side of the country. On the flip side, tension is building on the west coast, where extensive industry battles are threatening the existence of many operators that helped to shape these markets into what they are today.

Bryan Fields, Eighth Revolution

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.