As the movement towards cannabis legalization continues across the United States, several states are making significant strides towards legalizing marijuana. In Minnesota, a bill to legalize marijuana has cleared another Senate hurdle and is now only two committees away from going to the full chamber. In Michigan, the state’s 4th Annual Cannabis Cup competition is set to take place, with judges set to determine the best cannabis products in several categories. Furthermore, Detroit is hosting its inaugural festival that permits the legal use of cannabis.
However, there are still conflicts and issues that arise with cannabis legalization. In Maryland, lawmakers have voted against labor peace agreements as a licensure requirement for the budding cannabis industry, favoring corporate interests over worker protections. Meanwhile, Montana legislators are clashing over how to distribute marijuana tax revenue, with two legislative proposals with different fiscal goals and philosophical perspectives. Finally, a town in Connecticut has approved recreational marijuana sales despite opposition from town officials, creating guidelines to ensure public health and safety.
The Benzinga Cannabis Capital Conference in Florida, known as one of the most successful cannabis business events in the world, is set to return for its 16th edition. This conference is an opportunity for deals to get done, money to be raised, and companies to meet investors and key partners. As the cannabis industry continues to grow, it is crucial for professionals in the field to stay informed and connected through events like this.