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After over a year of negotiations rocked by turmoil and crisis, this week Curaleaf Holdings, Inc. completed the purchase of GR Companies, Inc. to become the world's largest cannabis company. As a result, Curaleaf Holdings, Inc. will own over 135 licenses in 23 different states, including 2 of the 5 medical cannabis dispensary licenses in Vermont.
Read MoreThe legislature is in recess until August 25th. Corporate cannabis companies plan to make a push to pass bill s.54 into law when policymakers return. VGA and coalition partners plan to oppose those efforts. Senator Baruth admits s.54 will take years to realize revenue, and, before the recess, the Senate sent the House a bill that doubles adult-use plant numbers and possession.
Read MoreThe Vermont Agency of Agriculture, Food, and Markets have recently released the new 2020 hemp rules and registration, and amongst the many changes from the last year, you may now purchase a permit to grow hemp indoors.
Read MoreAs policymakers in Montpelier plan for an August session, they turn to bills with economic potential. We see signs that cannabis legislation will come back during that time, before the biennial adjournment.
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