Sapphire Risk Advisory Group is celebrating success in New Jersey after all but one of their 2019 clients were awarded medical cannabis dispensary licenses. Sapphire Risk’s scores in the Security Plan section of the application were some of the highest in New Jersey and helped set the tone for the rest of the application. Knowing that each applicant’s submission begins with their Security Plan, …
Read Part 1 here. Since the early days of legalization in states like California, Colorado, and Washington, the landscape of the cannabis industry has changed dramatically. In fact, the United States cannabis market of today hardly resembles what it did just 8 short years ago. In the central United States, recreational and medical legalization efforts may be expanding to include states …
The New Jersey Cannabis Regulatory Commission announced on November 9th that it will begin accepting applications next month. The initial deadline set by the state was not realized in September, but now it appears that the program roll out is back on track. Applications for Class 1 Cultivator Licenses, Class 2 Manufacturer Licenses, and Testing Laboratory Licenses will be accepted starting …
Joining the domino of cannabis legalization in the United States, Connecticut is one of the most recent states to enact legislation that legalizes cannabis use recreationally. Connecticut previously only permitted the use of medical marijuana, but will soon allow retail sales. The state released guidelines last week that provided some answers for those interested in entering this developing market. Current Status …
This article was originally featured on the CB Advisors blog. Just three months after voters approved recreational marijuana in November 2020, the Arizona adult-use program was up and running, making it one of the fastest implementations in the country. Recreational marijuana sales in Arizona have been strong. MJBizDaily projects that the state’s recreational market could be worth $350-400 million in its …
Illinois cannabis sales have skyrocketed and continue to rise since the start of recreational sales in 2020. Cannabis business licenses in the initial application round were limited and the process experienced technical errors, as well as delays due to the pandemic. The state continues to refine its legislation in an effort to create a fair application process and has even committed …
This article was originally featured on the CB Advisors blog. New York vs. New Jersey: A Guide to Recreational Cannabis in the Mid-Atlantic In a span of five months, two of the largest cannabis markets in the eastern U.S. legalized adult-use. Highlight of this blog is comparing New York and New Jersey Cannabis Laws. New Jersey voters approved the expansion of its …
August, 19 2021 The day we have all been waiting for has finally arrived, the New Jersey cannabis license application regulations have been released. Something to highlight is New Jersey will be requiring city approval, which may require more security regulations. Applicants will really need to focus on their perimeter security. Here is what we know so far for security: …
The Oklahoma medical cannabis industry in 2021 is one of the hottest cannabis markets in America. The lack of regulations and cheap startup costs has made the medical market in Oklahoma grow significantly since its inception, with almost 2,400 cultivation licenses issued in 2020 alone. But how sustainable is Oklahoma’s success? The Rise of Oklahoma Medical Cannabis Since Oklahoma passed their medical …
New Mexico has long been at the forefront of the evolving cannabis since it became one of the first states to allow medical-use cannabis in 2007. Now, the state is fully entering the industry with the signing of legislation to legalize the recreational use of cannabis. The signing of the Cannabis Regulation Act in New Mexico follows the legalization of adult-use cannabis …
