Trulieve just acquired Harvest Health & Recreation, officially making them the largest cannabis company in the nation. Trulieve finalized this purchase today for $2.2 billion. The company, based out of Tallahassee, and founded to be a medical cannabis entity, the largest legal cannabis company to date. “Trulieve is primarily a... Read more
Activists in Nebraska on Friday unveiled the language of a pair of initiatives to legalize medical marijuana in the state. Supporters now have until July of next year to gather thousands of voter signatures to put the measures on the 2022 ballot. The petitioning drive to qualify the two... Read more
Activists in Nebraska on Friday unveiled the language of a pair of initiatives to legalize medical marijuana in the state. Supporters now have until July of next year to gather thousands of voter signatures to put the measures on the 2022 ballot. The petitioning drive to qualify the two... Read more
Cannabis dispensaries in Massachusetts will no longer be permitted to offer curbside pickup of recreational marijuana purchases to their customers after state regulators allowed an emergency rule permitting the practice to expire. At a meeting of the Massachusetts Cannabis Control Commission on September 17, regulators voted to extend some... Read more
Two Pennsylvania state lawmakers introduced legislation on Tuesday that would legalize recreational cannabis for adults and create a regulated market for adult-use marijuana. The legislation from Democratic state Reps. Jake Wheatley and Dan Frankel, House Bill 2050, also includes social equity provisions to encourage participation in the legal cannabis... Read more
Enter a long, strange trip into the mind of a genius. Elon Musk—who on September 27 became the world’s richest person, surpassing Jeff Bezos—said people should be “open to psychedelics” at a CodeCon event on Tuesday. Ronan Levy, executive chairman of Field Trip Health hosted conversation with Musk during... Read more
In a move that is further expected to shore up new calls for comprehensive cannabis reform at a European level, Czech President Miloš Zeman signed a law in the last week of September that allows industrial hemp grown in the country to have a THC level of 1.0 percent. ... Read more
NBA Hall of Famer and entrepreneur Chris Webber on Tuesday broke ground on Players Only Holdings, a $50 million cannabis production and training facility in Detroit’s Corktown neighborhood. Once completed, the new facility sitting on nine acres near the Detroit River is expected to create hundreds of jobs over... Read more
Trulieve Completes Acquisition of Harvest Health & Recreation Inc. Creating the Largest and Most Profitable U.S. Cannabis Operator Combined Company Platform Poised for Accelerated Growth Industry Leading Footprint in Cornerstone Markets Expanded Runway for Growth in Northeast, Southeast, and Southwest Strategic Hubs Trulieve to Host a Conference Call and... Read more
Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of March. The index continued to outpace the overall market in September, falling 10.4% to 83.77, slightly better than... Read more
