Connecticut Medical Marijuana News
Connecticut’s recreational cannabis oversight board hired a third-party auditing and accounting firm to develop and review equity applicants for the state’s adult-use program.
More lawsuits have been filed against the state of Connecticut by applicants who failed to win marijuana cultivation permits through the social equity program.
At least two Connecticut businesses – the Hartford Cannabis Co. and The Goods THC Co. – are appealing license denials by the state’s Social Equity Council, according to lawsuits filed in Hartford Superior Court.
NewLake Capital Partners, a cannabis industry real estate investment trust (REIT), expanded its five-year revolving credit facility by $60 million to $90 million.
A New York-based company’s claim that it should have won one of the state’s five initial medical marijuana licenses has taken a big step forward.
Connecticut marijuana regulators have identified the 16 large social equity cultivators approved to take the next step to grow for the adult-use market, and have asked those applicants and their backers to submit additional information for a background check.
Connecticut made an important first step toward issuing adult-use marijuana licenses on Tuesday, prompting Gov. Ned Lamont to say a market launch could be only six months away.
