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Medical Cannabis Companies to Cough up $20M Fee

Cannabis was legalized in New York State more than two and half years ago and only 13 licensed dispensaries have opened since.  So far, the rising demand for cannabis has been partially filled by more than 1400 illicit cannabis stores that have opened across the state, more on this on page 21....
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3 Conditional Market Lessons for Future Cannabis Applicants

Although New York State legalized the possession and use of cannabis by individuals 21 and older in March of 2021 by passing the Marijuana Regulation and Taxation Act (MRTA), no legal adult-use sales have occurred. To date, state regulators from the Cannabis Control Board (CCB) and Office of Cannabi...
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10 Great Albums for Cannabis Lovers

Why is it you always think right after you’ve smoked a joint that the best songs will just pop into your head? Is smoke entering your lungs the equivalent of putting a quarter in a Jukebox? Well, I have a hard truth to put on you, my friend… high radio always sucks! You always get the w...
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UB Could Become Global Hub For Cannabinoid Research

Josh Stanley, a national cannabis advocate, entrepreneur, and co-creator of the Charlottes’ web strain of marijuana says Buffalo could become a global hub for cannabinoid research and implementation.  Stanley is part owner of Citiva Health, who signed a $1.65M deal with UB’s Center...
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Trump Signs Farm Bill: Hemp Now Legal

President Donald J. Trump signed the Agricultural Improvement Act, commonly referred to as the “Farm Bill,” into law on Thursday. The bill removes hemp from the list of federally controlled substances. Hemp is defined as Cannabis with a THC concentration less than or equal to 0.3 percen...
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Legislative Update

By Patrick J. Hines, Matthew Parker, and Fallon Martin of Hodgson Russ LLP In the last issue of Cannabuff, we discussed the landmark passage of the Marihuana Regulation and Taxation Act (“MRTA”). Since then, while there has been much excitement, there has not been much action to impleme...
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Businesses in the Cannabis Industry Respond following the death of George Floyd

by Jack Porcari May 25th marked a tragic day in US history when George Floyd, an unarmed black man accused of using counterfeit money to pay for cigarettes, was killed by a Minneapolis police officer. Americans were outraged by George Floyd’s death, highlighted by the enormous acts of civil d...
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10 Great TV Shows for Cannabis Lovers

Not too many people know this, but stoners created the whole concept of “binge-watching.” It’s true! Who would sit down and watch 15 hours of television in one go? Well, when you’ve just smoked five blunts to the face, you try getting the remote and switching to something el...
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A Massive Grow Operation is Being Built on Buffalo’s Lakeside

RIV Capital, a cannabis investment and acquisition firm, has signed a lease for a 75,000-square-foot cannabis cultivation and manufacturing facility in Buffalo.  The facility is being developed by California-based, Zephyr, and is expected to be completed in summer 2024. Zephyr was co-founded b...
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