Our Industry’s Biggest Holiday, Legalization, Enforcement Authority and MORE

Our Industry’s Biggest Holiday, Legalization, Enforcement Authority, Spring is Here, Opportunity…Bring It All On!

“Unlicensed dispensaries have littered New York neighborhoods, blatantly circumventing our laws and selling potentially dangerous products. Enough is enough. I promised to protect our communities and hard-working, legal cannabis licensees by expediting the closure of illicit storefronts. I’m proud to stand up and say we got it done.”

 

New York State Governor Kathy Hochul

 

NYS Gov Hochul and NYC Mayor Adams
NY Governor Hochul (right) unveils new initiatives to shut down illicit cannabis operations and protect the legal marketplace. NYC Mayor Adams is on the left.

New York State (NYS) Governor Kathy Hochul and the NYS Legislature vowed to support and fund the closures of the illicit cannabis smoke shops across NYS and New York City (NYC) – and they have included funding in the 2025 NYS budget to do it. The approved budget that was passed this April vows to shut down illegal cannabis operations. An immediate action of this approved budget is that NYC Mayor Eric Adams is getting the immediate authority to use New York City’s enforcement powers to inspect, issue violations, and seize cannabis and padlock stores.

 

“New Yorkers are fed up with illegal smoke shops and their unlawful business practices, but our administration worked hard to make our voices heard in Albany, and working with Governor Hochul and our state partners, we are proud to say we got it done. New York City will finally be able to use the full force of the law to inspect, enforce, and shut down illegal dispensaries. These measures, combined with our already robust enforcement efforts, will help keep the playing field level and push back against the quality-of-life issues that have resulted from the proliferation of illegal smoke shops. We will continue to work with our partners in Albany to give aspiring entrepreneurs, especially those who have been justice-involved, a chance to succeed.”

NYC Mayor Eric Adams
4/20 Love Story

This April’s 4/20 had numerous events all over. We share one New York 4/20 love story that celebrates the union of two people who wed on 4/20/24 while highlighting the cannabis plant.

On 4/20, the wedding of Evan Ross Katz, writer and podcaster, and Billy Jacobson, an engineer, took place in Chelsea in New York City. Congratulations!

The New York Times
Love

Dispensary Openings

April saw many dispensary openings across NYC and NYS. Congratulations to the family-owned dispensary “Big Gas” which is the 100th adult-use in-store sales cannabis dispensary to open in New York. They are located in New Paltz.

Below are some of the many openings in April.

Evergreen Retail
FINGER LAKES | 51 N. Main Street, Brockport 14420
Website: www.evergreennyretail.com     

Platinum Leaf
ROCK HILL | 196 Rock Hill Drive, Rock Hill 12275
Website: www.theplatinumleaf.com   

Late Bloomers NYC
RIDGEWOOD | 57-01 Myrtle Avenue, Ridgewood 11385
Website: www.latebloomers-nyc.com

 

Flower Power Dispensers
NEW YORK CITY | 22 West 66th Street, New York 10023
Website: www.flowerpowerdispensers.com    

 

Devil’s Lettuce
WEST SENECA | 650 Orchard Park Road, West Seneca 14224
Website: www.devilslettuce.net


Planet Nugg
FARMINGDALE | 2043 Wellwood Avenue, Farmingdale 11735

Website: www.planetnugg.com   


East Leaf Dispensary

CHEEKTOWAGA | 2442 Clinton Street,
Cheektowaga 14224


Loudpack Exotics
SYRACUSE | 6606 Kinne Road, Syracuse 13214
Website: www.loudpackexotics.com

Mary Janes – A Legacy 2 Legal Dispensary
BUFFALO | 440 Normal Avenue, Buffalo 14213

Leafology Cannabis Company
WHITE PLAINS | 244 Main Street, White Plains 10601
Website: www.leafologycannabiscompany.com

Misha’s Flower Shop
BROOKLYN | 299 Knickerbocker Avenue, Brooklyn 11237
Website: www.mishasflowershop.com

Canna Life NY Inc (dba Hii)
BROOKLYN | 152 Bedford Avenue, Brooklyn 11249
Website: www.hiinyc.com

Purple Plains
POUND RIDGE | 32 Westchester Avenue, Pound Ridge 10576
Website: www.purpleplains.com

Big Gas Dispensary (the 100th Adult Use Dispensary to Open in New York)
NEW PALTZ | 98 N Chestnut Street, New Paltz 12561
Website: www.biggasdispensary.com


CONBUD (Canna Summit)

BRONX | 2412 Third Avenue, Bronx 10454
Website: www.conbudbx.com


Blue Forest Farms Dispensary

NEW YORK CITY | 122 E 25th Street, New York 10010
Website: coming soon

The Weed Shoppe
STATEN ISLAND | 4906 Arthur Kill Road, Staten Island 10309

Elevate Soho Cannabis
NEW YORK CITY | 481 Broadway, New York 10013
Website: www.elevatesohocannabis.com

NYC Licensing News

This month, the NYS Office of Cannabis Management (NYSOCM) was given the authority by the Cannabis Control Board (CCB) to issue 101 new provisional adult-use licenses to applicants across several segments of the supply chain including: retailers, microbusinesses, cultivators, processors and distributors. The measure was granted during an April 11 meeting of the CCB. This new authority allows the NYSOCM to grant  provisional licenses faster but ultimately, the CCB will still have to approve the final license.

The latest news from the NYSOCM for April includes the stats below since March 2021 when the NYS Marijuana Retail and Taxation Act (MRTA) passed:

  • Total Legal Revenue Sales have reached an impressive $263MM
  • 403 Adult-use Licenses have been awarded
  • Approximately 7,000 jobs across NYS have been created
  • Plus many more
NYS OCM Office of Cannabis Management
New Jersey News

New Jersey Celebrates Cannabis Milestones

This April 2024 marks a 3-year milestone for the New Jersey Cannabis Regulatory Commission, while celebrating a 2-year milestone for recreational cannabis sales. As part of their impressive achievements, in 2023 the NJCRC reached over $800MM in cannabis sales and expects to reach $1B in 2024.

For more information on the accomplishments that the CRC and the New Jersey cannabis industry have made regarding licensing, social equity, dispensary openings, ancillary services, their medical cannabis program, and plans for consumption lounges, click here.
 

 

NJ Cannabis Regulatory Commission
Celebrating three years of growth and equity in New Jersey cannabis
Nationwide News

Federal Regulatory News: Descheduling vs. Rescheduling

The buzz about descheduling and rescheduling of cannabis continues and will continue until the DEA makes a decision. Among the latest developments around descheduling is the formation of a legislative group who are pushing to have marijuana removed from Schedule 1. The group sent a letter requesting the descheduling to Attorney General Merrick Garland and to Anne Milgram of the DEA.

The group of signers of this letter includes:

  • Senator Elizabeth Warren of Massachusetts
  • Senator John Fetterman of Pennsylvania
  • Representative Barbara Lee of California
  • Senator Chuck Schumer of New York
  • Senator Bernie Sanders of Vermont
  • Senator Kirsten Gillibrand of New York
  • Senator Cory Booker of New Jersey
  • Representative Earl Blumenauer of Oregon
  • …and others

Cannabis Industry Stats

The editors of CWCBExpo want to share an industry statistics this post from Lookah.com. Lookah has gathered extensive stats about cannabis and where it is headed in 2024. It’s very interesting.

Lookah
Featured Interview:  Dawne Morris

Dawne Morris – CEO, Co-Founder, PROTEUS Business Solution, PROTEUS420

This month, we feature a brief interview with Dawne Morris, Co-Founder and CEO of Proteus420, an online enterprise resource planning (ERP) system for the cannabis industry. Dawne is a nationally-recognized cannabis entrepreneur who has been named a Top Women to Watch in Marijuana Venture magazine.

An entrepreneur, a technologist and an advocate, Dawne is a champion of our industry, of women and of the cannabis community. We share our conversation below.

CWCBExpo – Did you ever doubt yourself and how did you overcome that self-doubt?

Dawne – Being a woman in the predominantly male sectors of cannabis and technology has presented numerous moments where self-doubt could have crept in. However, I make it a point not to entertain those doubts. As a professional at the helm of a business, my focus is on running my company efficiently; I don’t have the luxury of time to prove myself to others. Whenever I face uncertainty, I rely on my expertise and knowledge, reminding myself of the path I took to get here. My primary aim is to stay focused and achieve my goals—recognition from others, while appreciated, is secondary.

Dawne Morris
Proteus420

“I don’t have the luxury of time to prove myself to others. Whenever I face uncertainty, I rely on my expertise and knowledge, reminding myself of the path I took to get here.”

CWCBExpo – Who was your role model growing up and what impressed you most about that person?

Dawne – My greatest influence has undoubtedly been my father, a skilled cannabis grower who deeply educated me about the plant’s healing potentials. Growing up as a proponent of cannabis, we were cautious to keep our discussions within the home due to potential backlash. Unfortunately, my father passed away six years ago, and expanding our business into the cannabis sector has been a way to honor his legacy. It’s not just about business growth; it’s about continuing his advocacy and educational efforts in a field where I truly thrive. As the world became more accepting of cannabis, my husband and I recognized the opportunity to integrate this personal mission into our professional endeavors.

CWCBExpo – Who is your best friend – OK – who are your “2 besties”?

Dawne – My husband David is undoubtedly my best friend. We’ve experienced so much together, and each morning I wake up eager to face new challenges and adventures alongside him. Additionally, I consider my granddaughters as my other best friends—so technically, I have three best friends. They inspire me daily to be a better person, someone they can admire and learn from. Watching them grow has been one of the greatest lessons of my life, and I cherish every moment with my three best friends!

CWCBExpo – You have been a champion of women, tech, and cannabis as you worked your way up, and you are a true believer in community. What advice do you have for women entrepreneurs in our industry?

“This journey isn’t always easy, but it is rewarding, especially when we lift each other up and champion each other’s successes.”

Dawne – I’ve always been passionate about supporting women in tech and cannabis, industries where we are still underrepresented. My advice to women entrepreneurs in our industry is encapsulated beautifully by Maya Angelou, who said, “Without courage, we cannot practice any other virtue with consistency. We can’t be kind, true, merciful, generous, or honest.” This underscores the importance of courage in our endeavors. It’s crucial to stay true to yourself and remember that you are here for a reason. Your unique insights and contributions are incredibly valuable.

I encourage women to actively connect with and uplift other women in the space. Building a supportive community is not just about networking—it’s about creating a space where we can all thrive. Never let your identity be a barrier. Instead, let it be your strength and your guide as you navigate your path. Remember, by supporting one another, we create a stronger, more inclusive industry. This journey isn’t always easy, but it is rewarding, especially when we lift each other up and champion each other’s successes.

THIS MONTH’S ARCHIVED VIDEO

Compliance Issues for Cannabis Business Owners: Taxation, Liability and the ERTC Program

In this session, the panelists discussed the financial issues surrounding managing a cannabis business without federal legalization and with no ability to use a bank; 280E was discussed along with insurance issues, liability and the ERTC Credit program.

Moderated by Steve Gelsi, MarketWatch; with Sandy Suchoff, Founder, CEO CannaCPAs; Jeff Booker, Founder, COO CannaCoverage; and Tom Sauvageau, Founder, CEO ERTCFiling.

Compliance and Taxation seminar session, CWCBExpo NY, June 2024

(pictured from the left) Jeff Booker, Sandy Suchoff, Tom Sauvageau and and Steve Gels

The CWCBExpo BLOG: Timely News & In Depth Articles

CWCBExpo blogs contain relevant, timely information. Recent subjects include cannabis testing laboratories, packaging, facility security, and legalization and regulatory updates.

A grower holds a cannabis plant in their hands. This could be a home grower, like the advocates pushing for New Jersey legislators to allow home cultivation in the Garden State.
Meet This Exhibitor:

Wilson Safe Company
Booth #335

Wilson Safe Company
A Leader in Cannabis Security
DEA High-Security Safe

Protect your cannabis inventory and cash with our high-security TL-30 safes, a versatile solution designed to meet your unique storage needs. Engineered to withstand 30 minutes of assault from a burglar’s arsenal, including hammers, chisels, grinding wheels, and carbide-tipped drills, these safes provide a robust defense. Moreover, boasting a 1.5-hour fire rating at 1,200 degrees, they ensure the integrity of your valuables even in the face of intense heat. Available in various sizes and configurations, each model offers versatility with options such as lockers, additional shelves, and drawers. Equipped with Group 1R locks mandated for DEA safes, heavy-duty hinges, and robust bolt work, our high-security TL-30 safes stand as an excellent safeguard for your assets.

Wilson Safe Company

Get Your Exhibit Space Today.

CWCBExpo, 11th Annual
June 5 – 6, 2024
Javits Convention Center, NYC
Crowds at Entrance, CWCBExpo NY 2023

Law Enforcement Groups Push for Rescheduling & More

Each month, Cannabis World Congress & Business Exposition (CWCBExpo) offers a convenient roundup of the biggest cannabis news stories and hemp headlines emerging across the nation. Get these updates in your inbox by subscribing to our email newsletter, or follow us on Instagram, LinkedIn, Facebook, or Twitter (now X) to get the most recent edition when it’s published.

 

February held some big headlines for the cannabis industry, including groundbreaking research into cannabinoids and terpenes, Vice President Kamala Harris meeting with pardon recipients, and law enforcement leaders advocating for cannabis rescheduling. Join us as we dive into the latest cannabis news nationwide and how it’s impacting the industry and consumers everywhere.

 

Law enforcement group pushes for cannabis rescheduling

 

A coalition of police chiefs and prosecutors, represented by the Law Enforcement Leaders to Reduce Crime & Incarceration (LEL), has called upon the Biden administration to reclassify cannabis under federal law. Led by prominent figures such as U.S. Drug Enforcement Administrator (DEA) Anne Milgram, the organization advocates for rescheduling cannabis to Schedule III. 

 

In a letter addressed to the administration, the coalition underscored the benefits of rescheduling, including the prioritization of limited public safety resources. “We believe that reclassification under schedule III would be an important step to help both federal and state law enforcement better prioritize limited public safety resources,” the LEL wrote in the letter. “Moreover, rescheduling would also allow legal markets to compete on a level playing field, potentially leading to greater reinvestments in critical programs that can bolster public safety.” 

  

The call from LEL comes as the DEA is mulling a proposal from the U.S. Department of Health and Human Services to reschedule cannabis as a Schedule III controlled substance. Rescheduling cannabis to Schedule III would represent a landmark step towards comprehensive federal cannabis reform. 

 

The letter from LEL is the latest in mounting pressure for regulators to consider cannabis reform. Last month, Congressional Democrats sent a letter to the DEA requesting cannabis be descheduled entirely, eliminating its status as a controlled substance altogether.

 

New study assesses cannabis compounds and the entourage effects

 

A recent study published in the journal Molecules delved into the intricate interactions between cannabinoids, terpenes, and other chemical compounds found in cannabis, shedding light on the so-called “entourage effect”, which describes the collaborative dynamics of these components and their combined effects. 

 

The study, published in January 2024, confirmed the concept of the entourage effect, which has often been controversial among researchers. The study emphasized that it’s not merely THC and CBD, but the complex interplay of molecules, that shape our individual cannabis experience. 

 

“In cannabis science, cannabinoids, terpenes, and flavonoids have often been overlooked, with much of the literature focusing predominantly on the major cannabinoids THC and CBD,” reports the team behind the new study. “However, emerging evidence suggests that these constituents, particularly cannabinoids and terpenes, play a substantial role in interacting and collaborating. This interplay gives rise to the diverse effects, benefits, and side effects observed among different cannabis strains, which can vary in the ratios of these components.”

 

The research represents a step forward in our understanding of cannabis and how it works. While much research is still needed, advancing our understanding of the entourage effect brings us a step closer to maximizing the therapeutic potential of the plant.

 

Kamala Harris reaches out to cannabis pardon recipients 

 

Vice President Kamala Harris’s office has been actively engaging with those who have received pardons for cannabis possession under President Biden’s clemency proclamations, aiming to ensure a smooth process and broader discussion into cannabis policy reform. 

 

Chris Goldstein, a prominent activist recently pardoned for a 2014 possession case, revealed that the vice president’s office contacted him and subsequently met with three staffers to discuss his certification experience, as well as cannabis reform proposals such as descheduling and expungement. 

 

Goldstein commended the office for their attentiveness and keen interest in understanding the nuances of cannabis policy reform. He raised the point that the pardons people received over possession did not clear their records, which still need to be expunged. He also noted that the office “absolutely heard that” and understood the “nuance” of the policy issue.

 

“I want to give them credit for this, because they were reaching out to pretty much anybody who they could who had gotten a pardon recently through the Department of Justice and trying to communicate with people about the pardons and make sure the process was going well,” he told Marijuana Moment. “It seemed like they were really invested in making sure that people had an easy process in getting the pardons and that it was easy to apply, it was a short waiting period, all those things.”

 

Poll find 17% of American adults consume cannabis 

 

According to a new Gallup poll, approximately 17% of American adults reported consuming cannabis, remaining relatively stable compared to the previous year’s 16% but significantly increased from just 11% in 2015.

 

“Age is a significant driver of the likelihood of smoking marijuana. About a quarter of young adults, those aged 18 to 34, say they smoke marijuana (26%), but reported use falls to 18% among adults aged 35 to 54 and is even lower, 11%, among adults aged 55 and older,” reads the Gallup analysis. 

 

Other standouts from the responses included:

  • Men (19%) are more likely than women (14%) to consume cannabis.
  • College graduates (9%) are about half as likely as those without a college degree (21%) to consume cannabis.
  • Democrats (22%) are more likely than Republicans (12%) to report consuming cannabis, with independents’ (17%) falling between them.

Exploring the future of cannabis with CWCBExpo 

 

As we wrap up February, one thing is clear: the future of cannabis is dynamic and full of promise. Looking ahead, we remain committed to collaboration, innovation, and advocacy as we shape a bright future for the cannabis industry. Stay up to date with our monthly news updates, or join us in person at CWCBExpo this June to network with industry leaders and learn from cannabis experts. 

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