Are you a small business looking to get your foot in the door of the U.S. cannabis market? If so, you have a HUGE battle ahead.
Consider the following within the past three years:
A fight in Michigan between the Cannabis Manufacturers Association – comprised of several large companies – and others in the state’s medical marijuana industry over cultivation rights for caregivers, testing protocols and a proposal to issue microbusiness licenses. Moves by multistate operators in Arizona and Illinois to allegedly take control of social equity licenses or block efforts to boost the permissible canopy size for craft growers, respectively.An attempt in 2019 in New York by a handful of MMJ licensees to outlaw home cultivation.A new report by the Minority Cannabis Business Association, which identified state-level license caps as a barrier to equity, a policy that is generally favored by larger marijuana companies and multistate operators.Opposition in Delaware to a recreational marijuana legalization bill by the state’s existing MMJ businesses – including Columbia Care – which argued the bill as written would “decimate” their operations. Adam Goers, Columbia Care’s senior vice president of corporate affairs, countered the New York-based MSO doesn’t oppose legalization but instead had issues with how that bill was written. He also wrote in an email that Columbia Care supports adult-use programs that “set social equity businesses up for success.”
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