San Francisco to pause taking new cannabis retail business applications
MJ Biz Daily reports that San Francisco authorities have placed a moratorium on accepting new applications for cannabis retail business licenses until 2028.
The decision follows a unanimous vote by the city’s Board of Supervisors, writes the publication, however, existing applications will still be processed, SFGate and the board will review the impact of the change in mid-2027 to decide whether it should continue.
“Proponents of the measure, including the San Francisco Cannabis Retailers Alliance, argue that San Francisco’s cannabis market is oversaturated and cannot sustain more businesses than those currently in the pipeline,” reported The Center Square.
Congresswoman urges Biden to act on cannabis ‘now’ as negotiations continue on banking bill
Marijuana Moment reports that ep. Barbara Lee (D-CA), co-chair of the Congressional Cannabis Caucus, is pushing the Biden administration to take action on federal marijuana scheduling “now,” before the upcoming election.
Stating that legislators must find a pathway for reform, Lee suggested that could come in the form of an executive order from President Joe Biden.
During a fireside chat hosted by the International Cannabis Bar Association (INCBA), Lee stated: “The big obstacle is the filibuster rule in the Senate. So we’ve got to get the votes to get past 60. And that’s the biggest problem. But I think if we get the votes and keep it bipartisan, it will get done.”
Minnesota OKs hemp-derived delta-8 and delta-9 THC, bans other synthetics
Minnesota’s new cannabis law has legalized both high-producing delta-8 and delta-9 THC derived from industrial hemp, reports Hemp Today.
Governor Tim Walz last week signed the state’s cannabis law, making Minnesota unique among U.S. states because the legislation covers both hemp and cannabis, writes the publication, as other states are working to reign in the CBD-based psychoactive products, which remain unregulated at the federal level.
The law:
- Enables the sale of edible products and drinks, but not smokable products.
- Does not allow other synthetic forms of psychoactive hemp derivatives, HHC, THC-P and THC-O.
- Delta-8 and delta-9 products made from hemp-derived CBD can be sold in liquor stores and other retail outlets, served in restaurants and taprooms, and sold out of state.
