The Week In Weed: March 22, 2024

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Seyfarth Shaw LLP
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With more than 900 lawyers across 18 offices, Seyfarth Shaw LLP provides advisory, litigation, and transactional legal services to clients worldwide. Our high-caliber legal representation and advanced delivery capabilities allow us to take on our clients’ unique challenges and opportunities-no matter the scale or complexity. Whether navigating complex litigation, negotiating transformational deals, or advising on cross-border projects, our attorneys achieve exceptional legal outcomes. Our drive for excellence leads us to seek out better ways to work with our clients and each other. We have been first-to-market on many legal service delivery innovations-and we continue to break new ground with our clients every day. This long history of excellence and innovation has created a culture with a sense of purpose and belonging for all. In turn, our culture drives our commitment to the growth of our clients, the diversity of our people, and the resilience of our workforce.
Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana.
United States Food, Drugs, Healthcare, Life Sciences
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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. This week, we note that New York Governor Hochul has had just about enough of the problems with cannabis licensing in her state. The Vice President held a roundtable discussion on cannabis in the White House. Maryland held a cannabis lottery late last week for social equity licensees. We check in on Virginia to see how that retail market bill is coming along. And finally, the New Orleans Police Department really needs to better secure its evidence room.

NEW YORK

We've talked about New York's cannabis licensing issues many times, most recently here. If you're thinking, "Get this settled already," the state's Governor shares your frustration. Kathy Hochul has ordered Jeanette Moy, commissioner for the New York State Office of General Services, to conduct an examination of the state's Office of Cannabis Management and its processes for adult-use licensing. See the full news release here.

CANNABIS ROUNDTABLE

Last Friday, Vice President Kamala Harris held a roundtable discussion on federal cannabis legalization. Guests included rapper Fat Joe and Kentucky Governor Andy Beshear. Harris called on the Drug Enforcement Administration (DEA) to act quickly on its review of cannabis scheduling, and said the current scheduling of cannabis is "absurd and patently unfair."

MARYLAND

Maryland held a lottery last Thursday for social equity cannabis licenses. 179 lucky winners will need to go through an additional round of vetting before they are able to open their businesses. That process should take about two months, after which time licensees will have up to 18 months to open their businesses.

VIRGINIA

Moving across the Potomac River to Virginia, we thought we'd see how that legislation to set up a retail market is faring. You'll recall it passed the state legislature and was headed to Governor Youngkin (R) when we last mentioned it. And that's still where things stand. Youngkin did indicate that he will not sign the bill, but he could allow it to become law without his signature. Or he could veto it. He has until April 8 to act.

"And I had somebody ask me the other day, 'Are you going to sign the legislation?'" Youngkin said. "And I've been talking about this for 60 days. And I said anybody who thinks I'm going to sign that legislation must've been smoking something."

Virginia Governor Glenn Youngkin at a budget discussion event on March 18

Apparently, the Governor is okay with cannabis-related puns.

AND FINALLY

A tip for police departments: if you're going to keep cannabis in your evidence room, you need to make sure rats can't get in. Because they will eat the pot and they will get high. The New Orleans Police Department is dealing with this very problem.

Be well everyone – we'll see you next week.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The Week In Weed: March 22, 2024

United States Food, Drugs, Healthcare, Life Sciences
Contributor
With more than 900 lawyers across 18 offices, Seyfarth Shaw LLP provides advisory, litigation, and transactional legal services to clients worldwide. Our high-caliber legal representation and advanced delivery capabilities allow us to take on our clients’ unique challenges and opportunities-no matter the scale or complexity. Whether navigating complex litigation, negotiating transformational deals, or advising on cross-border projects, our attorneys achieve exceptional legal outcomes. Our drive for excellence leads us to seek out better ways to work with our clients and each other. We have been first-to-market on many legal service delivery innovations-and we continue to break new ground with our clients every day. This long history of excellence and innovation has created a culture with a sense of purpose and belonging for all. In turn, our culture drives our commitment to the growth of our clients, the diversity of our people, and the resilience of our workforce.
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