Larkin Hoffman’s Post

There's an update on the rollout of cannabis in Minnesota.                                                                                               The Office of Cannabis Management has opened the public comment period for its proposed rules governing the industry. Read my blog to learn more. https://lnkd.in/gUWWUfxe

The longstanding public demand to deschedule cannabis, moving it from a Schedule I to a Schedule III substance, has finally been met. The Attorney General’s descheduling proposal that was announced on April 30th, 2024 is the green light the cannabis industry was waiting for. Our latest blog dives into what relaxed regulations means for digital marketing in the cannabis industry. Find out what you may stand to gain! https://lnkd.in/g3cX23Uc

Elevate your understanding of cannabis regulations and industry insights at the AICPA & CIMA Cannabis Industry Conference next week in Colorado. Don’t miss partner Rachel K. Gillette on August 12 at the Industry Insights Forum where panelists will explore emerging trends and regulatory challenges, and the keynote session on navigating the multifaceted implications of the potential reclassification of cannabis. Details : https://lnkd.in/g2CxfSjg #CannabisConference #CannabisRegulations #TaxLaw

🌿 **Navigating the Ever-Evolving Cannabis Landscape** 🌿 The recent article from Ganjapreneur offers a compelling overview of cannabis news globally, touching upon key legislative and industry shifts. From Kentucky's proposals to legalize adult-use cannabis to Missouri's updated regulations addressing industry concerns, these developments highlight the dynamic nature of cannabis policy. Notably, Virginia is advancing towards a legal framework for retail sales, while Toronto shifts focus from enforcement of illegal shops. Meanwhile, two leading cannabis associations have merged to amplify the industry’s voice. These regulatory shifts not only redefine market opportunities but also underscore the complexities cannabis businesses face. With evolving legislation in states like Virginia, companies should stay ahead by aligning their operations with new legal frameworks. As Toronto eases enforcement, innovative strategies are crucial for businesses to gain a competitive edge. In the CBD sector, staying informed about such regulatory trends is vital. How will these changes impact your strategy for growth or innovation? The merging of major cannabis associations could potentially foster more cohesive advocacy and drive forward-thinking initiatives. Are you leveraging collective industry efforts to influence policy and technology advancement? 💡 **Question for Thought**: How are you positioning your business to adapt to regulatory shifts in the cannabis industry, and what role do you see innovation playing in your growth strategy? I encourage industry peers to stay informed and engaged in dynamic discussions about these developments. Let’s explore how we can navigate these changes together and seize the opportunities they present. Share your thoughts and strategies in the comments below! Stay ahead of the curve, and for more insights, visit [Pharmabinoid](www.pharmabinoid.eu). #CannabisIndustry #CBD #Innovation #RegulatoryTrends #BusinessGrowth

Some big updates are happening in Minnesota Cannabis Law! The 2024 Minnesota Legislative Session brought significant amendments to Chapter 342, signed by Governor Walz on May 24. Key changes include: ✅ Social Equity Provisions: Reduced ownership requirements for social equity applicants and a pre-approval lottery for licenses. ✅ Application and Licensing: Streamlined processes, consolidated licenses, and new benefits for medical cannabis holders. ✅ Consumer Safety: Enhanced product recalls, inspections, background checks, and packaging regulations. Read more in the latest Husch Blackwell blog post I authored with colleague Steve Levine https://lnkd.in/gExnuzTj #CannabisLaw #MinnesotaLegislation #CannabisIndustry

According to a recent survey, a majority of Americans are embracing legal cannabis sources, with 65% obtaining their cannabis entirely from regulated dispensaries. An additional 12% mostly source from legal outlets. This shift not only reflects changing perceptions but also an increasing reliance on the safety and quality that legal channels provide. As professionals in the industry, these statistics are crucial as they highlight the growing trust and preference for a regulated market, which promises better safety standards and economic benefits. How can businesses in the sector leverage this trend to enhance consumer confidence and expand their market reach? https://lnkd.in/eXGZ5YJM

Navigating the Changing Landscape of Cannabis Legislation in 2024 Cannabis Legislation 2024 is undergoing significant changes, with new legislation at federal, state, and international levels. This article explores key updates, the impact on cannabis businesses, and strategies for staying compliant in a rapidly evolving regulatory environment. Stay informed to ensure your business remains competitive and successful. https://lnkd.in/ePbHZe7v

Are you ready to apply for a cannabis testing facility license in Delaware? The window for submissions is now open, and the September 30th deadline is fast approaching! This license allows you to ensure the safety and quality of cannabis products—an essential service for the growing Delaware adult-use market. 🚀 In our latest article, we break down the entire application process, including: -The number of licenses available and eligibility criteria -Application requirements like business plans and quality assurance plans -Key regulatory considerations and fees involved Whether you're a startup looking to enter the market or an existing business expanding its footprint, we've got the expertise to guide you through the process from start to finish. 💡 Ready to get started? Learn how to secure your license here: https://lnkd.in/eaAbgh39 #CannabisIndustry #DelawareCannabis #CannabisTesting #CannabisLicensing #cannabis

ICYMI: The formation of the U.S. Cannabis Roundtable, as reported by MJBiz, is a significant milestone for the industry. By uniting major lobbying organizations, this coalition demonstrates a collective commitment to advancing responsible #cannabis legislation and securing a more #equitable and #sustainable future for the #cannabiscommunity. At Marino., we’ve been proud to support the US Cannabis Council (#USCC) in its tireless advocacy for #federalreform and industry collaboration. This unified approach strengthens the industry's voice in Washington and reflects the shared goal of achieving progress for businesses, consumers, and communities alike. The cannabis industry is unlike any other, navigating federal prohibition, advertising restrictions, and rapidly evolving state markets. A coalition like the U.S. Cannabis Roundtable is essential to cutting through the noise and driving meaningful change. Here’s to a brighter future for cannabis! 💚 #CannabisIndustry #CannabisAdvocacy #MarinoPR #CannabisPR