In the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.
In today’s news:
#californiacannabis – ” agenda item 2b was published for Monday’s General Government Committee meeting where the Mendocino Cannabis Department (MCD) proposes redirecting 6.8 Million in direct grant funding currently allocated to licensees to Departmental administrative costs that ‘were not known to the department when filing the original application.’ These funds are part of the Local Jurisdiction Assistance Grant Program (LJAGP) from the state. On the LJAGP Website it reads: ‘The County of Mendocino proposed to use grant funds to create direct funding opportunities for commercial cannabis applicants and permit holders.'”
#californiacannabis – “Assembly Bill 1424 (Jones-Sawyer) was introduced to address occupational safety and health issues involving cannabis delivery employees. AB 1424 would amend Labor Section 6311.
This bill would prohibit a cannabis delivery employee from being laid off, discharged, or subject to an adverse employment action for refusing to perform work that would violate the Labor Code, an occupational safety or health standard, or a safety order of the division or standards board or for refusing to perform work that would create a real and apparent hazard to the employee or their fellow employees.”
#cannabisindustry – “New York cannabis regulators on Thursday announced they would double the number of retail licenses to be made available to people directly impacted by marijuana prohibition or organizations that work with the formerly incarcerated.
The Office of Cannabis Management said the number of conditional adult-use retail dispensary, or CAURD, licenses would be raised to 300 from 150.
“With this expansion, more entrepreneurs will be able to participate in the first wave of this industry, allowing them to capitalize on the growing demand for cannabis products,” said Tremaine Wright, chair of the Cannabis Control Board, in a statement.”
#CBD – “CBD company Benuvia Holdings LLC is suing a beverage maker for more than $25 million in New York state court, saying the other company defaulted on a deal to buy assets from one of Benuvia’s subsidiaries, then interfered with those assets when Benuvia bought them back following the default.
In a complaint filed Wednesday, Benuvia Holdings says it entered an agreement with Next Frontier Holdings Inc. in September 2021 in which Next Frontier would buy assets of Benuvia Manufacturing Inc. and equity in Benuvia Therapeutics LLC, and that Next Frontier executed a promissory note for $26.9 million at the close of the sale in December.
However, Next Frontier did not keep up its payments starting in February 2022 and continued to breach a forbearance agreement signed in May of that year, while Benuvia Manufacturing, which was then owned and controlled by Next Frontier, had failed to pay its rent or vendor charges starting in July 2022, according to the complaint.”
#cannabispolitics – “U.S. Attorney General Merrick Garland said on Wednesday that the Department of Justice is “still working on a marijuana policy” and that federal health officials are currently taking the lead on a broader ongoing review of cannabis’s federal scheduling status that was directed by President Joe Biden.
“I think that it’s fair to expect what I said at my confirmation hearing with respect to marijuana and policy, that it will be very close to what was done in the Cole Memorandum,” he said, referring to an Obama-era policy that directed federal prosecutors to generally not interfere with state cannabis laws but which was later rescinded by Attorney General Jeff Sessions during the Trump administration.”