Alabama to make another attempt Dec. 1 to award medical cannabis licenses

October 28, 2023 · MJ Biz Daily

Alabama regulators are targeting Dec. 1 to award the first batch of medical cannabis business licenses after the agency’s first two attempts were scrapped because of scoring errors and litigation.

The first licenses will be awarded to individual cultivators, delivery providers, processors, dispensaries and state testing labs, according to the Alabama Medical Cannabis Commission (AMCC).

Then, on Dec. 12, the AMCC will award licenses for vertically integrated operations, a designation set primarily for multistate operators.

Licenses are expected to be handed out 28 days after they have been awarded, so MMJ production could begin in early January, according to the Alabama Daily News.

That means MMJ products could be available for patients around early March, an AMCC spokesperson told the media outlet.

Regulators initially awarded 21 business licenses in June, only to void them after applicants alleged inconsistencies with how the applications were scored.

Then, in August, the state awarded 24 different licenses – 19 went to June recipients – only to reverse themselves again and scratch those licenses after spurned applicants filed lawsuits.

A state judge dismissed a lawsuit filed by Chicago-based MSO Verano Holdings Corp., but another lawsuit is pending. (Full Story)

In category:Medical
Tags:
Next Post

Nobel Prize Winning Chemist Says Medical Cannabis Has Therapeutic Benefits and Is Real Medicine

Professor Aaron Ciechanover's captivating odyssey takes us from the confines of a research laboratory into the enigmatic realms of the cannabis industry. This prominent Nobel laureate in chemistry has recently deviated from his colleagues' well-worn route, immersing himself in the cannabis arena.…
Read
Previous Post

Federal Appeals Court Rules Against DEA In Psilocybin Rescheduling Lawsuit Brought By Doctor Who Wants To Give Psychedelic To Cancer Patients

A federal appeals court has ruled against the Drug Enforcement Administration (DEA) in a lawsuit over a Washington State doctor’s petition to reschedule psilocybin. The court said DEA failed to explain its reasoning when it denied the petition, and it ordered…
Read
Random Post

Cannabis Executive Salaries Are Soaring into 2024

Chief executive officers at the largest cannabis companies by revenue have moved past the $400,000 base salary threshold with annual salaries topping $416,000—almost ten times what mid-level managers in the industry make, according to a new report from executive search and staffing agency ForceBrands.…
Read
Random Post

Border sales a boost for most marijuana retailers across US

Marijuana sales along state lines are key revenue generators for retail operators in the United States, and new insights suggest a similar business bump along international borders, particularly Mexico. Data compiled by New York-based wholesale technology platform LeafLink – as…
Read
Random Post

SXSW 2023 will have conference tracks dedicated to cannabis and psychedelics

The conference portion of the festival is divided into 25 tracks, ranging from civic engagement and climate change to food and, yes, weed and mushrooms. South by Southwest 2023 (SXSW) is right around the corner. And this year, those who attend…
Read
Random Post

The International Cannabis Trade is Booming without the US - Guess Which Countries are Buying and Importing the Most Weed?

According to recently released data from Health Canada to MJBizDaily, Canada's medical cannabis exporters found their most significant markets in Australia and Israel last year. During the fiscal year from April 2022 to March 2023, Canada shipped 59,986 kilograms (approximately…
Read