MJBizMag January 2022 - 27
INDUSTRY DEVELOPMENTS
New York
The recreational cannabis market in New York won't launch until mid-2023,
the state's top marijuana regulator said. New York Cannabis Control Board
Chair Tremaine Wright told local news outlets that it could be longer until
adult-use businesses are operational. In the meantime, Wright pledged to
crack down on a so-called " gifting " market, where entrepreneurs sell highly
marked-up items such as T-shirts or lighters to customers, who, in turn,
receive marijuana as a gift. Separately, the regulators unanimously voted to
ban hemp cigarettes and extend a ban on delta-8 THC products. They also
voted to formalize rules for manufacturing, testing and packaging of all
cannabinoid hemp products. New York hemp businesses have six months to
become compliant with the new rules.
Oklahoma
New rules went into effect for medical marijuana businesses-including
dispensaries-to package and sell pre-rolls up to 1 gram in weight. The new
pre-roll regulations will benefit dispensaries but likely hurt licensed processors,
which, until the change, were the only businesses allowed to package
pre-rolls. The emergency rules also prohibit operating a marijuana testing lab
while having a financial interest in a cultivation operation or dispensary.
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MJBizMag January 2022
Table of Contents for the Digital Edition of MJBizMag January 2022
MJBizMag January 2022 - 1
MJBizMag January 2022 - 2
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