It’s no surprise at all that adult-use cannabis in Massachusetts has boomed, but now there are numbers to support just how much it’s boomed since cannabis was first legalized in the state. The industry has brought in more than $150 million in tax revenue, according to an announcement from... Read more
New regulations in Massachusetts, if passed, would allow medical caregivers to up the number of patients they care for. As of August 3, during a public hearing, the Cannabis Control Commission announced a proposal to allow caregivers to support as many as 10 medical cannabis patients each. It would... Read more
A pallet of cacti, a spare tire, and what appeared to be a shipment of limes. That was the Trojan Horse carrying more than $61 million worth of narcotics seized by border officers in what was a busy weekend in southern California. The U.S. Customs and Border Protection said... Read more
In a landmark move for cannabis access through telehealth services nationwide, New Jersey residents can now get approved for medical cannabis and other controlled substances in digital visits due to the restrictions placed on healthcare by the COVID-19 pandemic. Healthcare professionals can now set up virtual appointments in order... Read more
Green Thumb Industries Reports Second Quarter 2020 Results Total revenue of $119.6 million increased 16.6% quarter-over-quarter and 167.5% year-over-year First half 2020 revenue of $222.2 million exceeds full year 2019 revenue Growth in revenue and free cash flow from operations driven by increased scale and operating leverage in the... Read more
Trulieve Reports Strong Consecutive Growth and Raises Guidance Solid operational results from achieving scale of cultivation and store footprint, provides industry leading free cash flow this quarter TALLAHASSEE, Fla., Aug. 12, 2020 /PRNewswire/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing... Read more
He was a military veteran, busted for selling a mere .69 grams of marijuana. For that, Derek Harris has served nearly a decade behind bars. But now, after the Louisiana Supreme Court granted him a new hearing, Harris is set to be freed. Harris’ time in prison began back... Read more
Arizona voters will have a chance this year to make their state the latest to end pot prohibition. A petition spearheaded by a pro-legalization group had its signatures officially certified by Arizona Secretary of State Katie Hobbs on Monday, clearing the way for the proposal to qualify for the... Read more
Mayor Levar Stoney of Richmond, Virginia is calling on state leaders to legalize cannabis during a special session of the legislature slated for later this month. In a letter Stoney sent to Gov. Ralph Northam, House Speaker Eileen Filler-Corn, and Senate Majority Leader Richard Saslaw on Tuesday, the mayor... Read more
Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million Transaction secures Vireo’s financial future without dilutive impacts to shareholders Vireo to reinvest a portion of the proceeds to increase scale in key markets Completed transaction is significant step... Read more
