Cannabis News and Information

Global Go Consulting Cannabis Blog

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Unveiling 2023’s Cannabis Licensing Opportunities

In this episode, our panel of cannabis consultants and cannabis lawyers discuss the licensing opportunities in the cannabis industry for 2023, with a focus on the states of Florida, New York, Missouri, and New Jersey. The cannabis industry is expected to expand to 16 million adult consumers, increasing the number of licensing opportunities.

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Missouri Cannabis Licensing Opportunities

Missouri has been making strides in its cannabis laws, legalizing medical cannabis in 2018 and recreational cannabis in 2022. With the state's cannabis market potential, entrepreneurs can soon apply for a microbusiness facility license to open a cannabis business in Missouri.

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Arkansas Edition – Going Global

dive into the rapidly growing cannabis industry in Arkansas and the Southeast United States. Zuber Lawler Of Counsel Tony Smith interviews Eddie Armstrong an expert in the field who provides insights into the current state of the industry and its potential for future growth. We explore the challenges faced by cannabis businesses in Arkansas, including regulatory hurdles and banking limitations.

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Cannabis Investors Spooked by Slowing Growth Are Ignoring the Long View

2022 was a brutal year for US cannabis companies and some cannabis investors. The leading public stocks lost 66% of their value. New Cannabis Ventures’ American Cannabis Operator Index ended the year at 14.25, 88% below its all-time high of 118.22 set a seeming lifetime ago on 4/1/19, just after the top multi-state operators (MSOs) went public in 2018.

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New York Proposed Cannabis Regulations Cheat Sheets

The Empire State has the third-highest number of cannabis consumers of any US state, and regulators have now shown they are serious about creating opportunity for starts-ups and limiting the market power of incumbent multi-state operators. Whether looking to enter the New York market or investing in companies that do, you need to hear the details on what will be allowed and what will not in adult-use New York.

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Florida’s multibillion-dollar cannabis market set to expand 

Florida is the US’s largest and most lucrative medical only cannabis market with over $1 billion in medical cannabis sales in the first half of 2022. With only 22 businesses licensed to legally operate in Florida, cannabis licenses in the state are considered extremely valuable and have sold for well over $50 million. So the industry has been buzzing with excitement over yesterday’s announcement by the Florida Office of Medical Marijuana Use (OMMU) that the long-awaited new licensing round will begin shortly!

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Overview of California’s proposed rulemaking for the cannabis industry

Last week, the Department of Cannabis Control (“DCC”) and California Department of Tax & Fee Administration noticed proposed emergency regulations to govern California’s medical and adult use cannabis industry. The DCC also noticed further modifications to the proposed regulations concerning large cultivation licenses and the conversion to large and medium licenses.

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The Global Cannabis 50: Ranking the largest cannabis businesses

U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) dominated the first Global Cannabis 50 annual ranking of the largest public cannabis companies in the world. The Global Cannabis 50 is the result of recently conducted research by Global Go Analytics and is published in the Winter 2022-23 issue of Global Cannabis Times magazine.

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New Jersey Cannabis Licensing – Still Largely Conditional

The State of New Jersey’s licensing roll out continues into the holiday, with over 800 Conditional Cannabis Licenses approved so far. However, Conditional Licenses are not legally operational, and in fact have to go through another, more difficult licensing process to become an Annual License, which is the license required to actually operate a cannabis business legally in the State.

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Minnesota Edition – Going Global

The cannabis industry in Minnesota is unlike any other. Although it has legalized medical marijuana, that industry is considered by many to be one of the most conservative in the country.

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