Minnesota governor signs bill legalizing recreational cannabis starting in August
Minnesota Democratic Gov. Tim Walz signed a bill Tuesday to legalize recreational cannabis for people over the age of 21 starting in August, reports Huron Daily Tribune.
Under the new law, cannabis will be legal by Aug. 1 to:
- Possess, use and grow at home.
- Possession of cannabis flower will be limited to 2 pounds (0.9 kilograms) at home and 2 ounces (56 grams) in public.
- Other possession caps include 800 milligrams of THC in gummies and other edibles and 8 grams of cannabis concentrate.
- Minnesotans who have been convicted of misdemeanor or petty misdemeanor possession will also get their records automatically expunged.
Jesse Ventura, Minnesota’s governor from 1999-2003 commented: “For me personally, it’s very wonderful to see a dream of yours over 20 years ago finally happen today, and I’m still alive to see it.”
Florida supreme court sets schedule for legal challenge to 2024 cannabis legalization ballot initiative
As reported by Marijuana Moment, Florida’s Supreme Court is taking first steps to consider a legal challenge from Attorney General Ashley Moody (R), who is seeking to invalidate a cannabis legalization initiative that an industry-funded campaign is seeking to place on the 2024 ballot.
Initial briefings are due by June 12, with subsequent reply briefs required by July 5 and 12.
According to the publication, Moody claimed that the initiative violates the state Constitution’s single subject rule, which requires ballot proposals to be narrowly focused on an individual issue.
Cannabis producer Canopy buying 20% of Indiva
MJ Biz Daily reports that Canopy Growth has reached a deal to acquire a 19.99% stake in edibles maker Indiva.
At the same time, it has also gained control of all distribution and sales of Wana branded products in Canada – one of the top cannabis edibles brands in North America.
Canopy said that the deal is consistent with its “asset light” strategy.
Canopy CEO David Klein said in a statement: “By better aligning our ownership position in Wana throughout North America, we expect to accelerate the introduction of product innovation in Canada that has already proven enormously popular in the United States.”
