Cannabis Insight | TILT, November Ballots, Missouri - 9.13.1

TILT WINS "BEST CANNABIS PARTNERSHIP.

TILT Holdings Corp (TLLTF) announced this morning that they won "Best Cannabis Partnership" at the annual Benzinga Cannabis Capital Conference held in Chicago. The industry accolade spotlights TILT’s partnership with the Shinnecock Nation to develop cannabis operations on sovereign land. The Benzinga Cannabis Awards celebrate new, creative, innovative, and outstanding people, solutions, and companies in the cannabis industry.TILT and Shinnecock broke ground on the dispensary, Little Beach Harvest, in July 2022, and are planning a Q1 2023 opening. Plans for Little Beach Harvest include 5,000 square feet of dispensary space and a drive-through service along the main Southampton roadway, connecting the tribe with the Hamptons community.

November Ballots.

The November midterms are upon us and at this point, states that needed to get a certain amount of signatures to put cannabis reform on their states ballots have come and passed. Arkansas, Maryland, Missouri, North Dakota, and Oklahoma will have adult-use and cannabis legalization voting opportunities this November while Nebraska will vote only on medical use legalization. Arkansas is still somewhat in the air as the state faces legal battles over this issue, but as of now, it will be on the ballot with the question remaining of whether or not they will be counted based on the court's decisions. Across the country, recreational marijuana has been legalized in 19 states and Washington DC, while medical cannabis is legal in 39 states and the district.

MISSOURI IS ON THE MOVE. 

A cannabis advocacy group in Missouri was able to secure enough votes to get it on the November ballot but the Colorodo-based Protect Our Kids PAC later filed a lawsuit trying to stop this initiative. A judge last week dismissed this lawsuit but the group has commented that they will appeal this ruling. t further contested the state’s process for certifying voter signatures, suggesting that there was improper intervention by Secretary of State Jay Ashcroft (R). Prior to the verification, there was early reporting indicating that activists were coming up short in two districts in initial county tallies, but the state’s review ultimately found that the campaign had exceeded the signature requirements. “We are appealing this ruling because it appears the judge and secretary of state are ignoring their own records which show Joy Sweeney as a resident and voter,” Luke Niforatos (CEO of Protect Our Kids) said. “This process, rife with the appearance of corruption from the start, continues to arouse suspicion as to the secretary of state office’s role in validating this petition. We expect a full hearing on the appeal and a more proper judgment.” If voters in the state decide to vote for this initiative, we would have a new adult-use cannabis market in the Midwest. marijuanamoment.net

Cannabis Insight | TILT, November Ballots, Missouri - 9.13.2