Curaleaf Announces Closure of Operations in California, Colorado and Oregon Proactive Exit Will Generate Additional Cash and Improve Margins in Non-SAFE Banking Environment 2023 Free Cash Flow Expected to Exceed $125 Million NEW YORK, Jan. 26, 2023 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of... Read more
Two bills were filed in Massachusetts to decriminalize psilocybin mushrooms, ayahuasca, mescaline, and ibogaine. The bills would end the prosecution of psychedelic substances in the Bay State. The Boston Herald reports that companion bills were filed in the Massachusetts House and Senate. The House bill, “An Act relative to... Read more
Welcome to the cannabis crunch: Mass. marijuana industry braces for turbulent 2023
The Massachusetts marijuana industry is on the verge of an impressive milestone: $4 billion in revenue since recreational sales began in November 2018, a total that has also netted state and local governments hundreds of millions of dollars in taxes. But when the state surpasses that mark — likely... Read more
Will CT recreational cannabis sales impact Massachusetts dispensaries?
Recreational cannabis users in Connecticut have been shopping at dispensaries out of state — until today. The opening of seven recreational cannabis locations marks the first time Connecticut residents will be able to buy non-medical products in their home state. So what will this new market mean for dispensaries... Read more
The Massachusetts CCC’s report shows that between Jan. 1 and Dec. 18, 2022, the state collected $1.42 billion in adult-use sales. In a breakdown of sales by month, the state collected a fairly steady amount of sales, the highest being $132.4 million in July and $130.8 million in August,... Read more
Recreational cannabis prices in Mass. plummet as dispensary owners weigh future
Recreational cannabis has never been cheaper in Massachusetts than it was this year. Prices have been steadily decreasing for more than a year, and those running businesses in the burgeoning industry expect them to keep dropping. While customers may be rejoicing over greater access to marijuana, the lowering of... Read more
Individuals enrolled in Massachusetts’ driver’s education program will receive a new lesson starting next year. According to State House News Service, the Registry of Motor Vehicles, which oversees the program in the Bay State, “indicated Monday that is adopting the AAA curriculum, which is called ‘Shifting Gears: The Blunt... Read more
Cultivating Community in a City Near You: Announcing NCIA’s 2023 Event Calendar
It’s been a year of big change for NCIA. As we come to the end of 2022, we want to take a moment to send a message to our members and supporters about these changes, and most importantly, get excited for what’s next for the future of NCIA events.... Read more
As recreational marijuana prices plummet in Massachusetts, medical sales slump
Consumers rejoice, but data suggest state’s cannabis sector is stumbling amid increasing competition Six years after Massachusetts voters legalized marijuana, the state’s cannabis industry is bigger than ever, with cumulative recreational sales soaring toward $4 billion and more than 225 retailers now open in communities from Provincetown to Pittsfield.... Read more
Entertainment mogul Sean “Diddy” Combs announced on Friday that he is launching what is billed as the world’s largest Black-owned cannabis brand with the $185 million purchase of existing licensed marijuana operations in three states. Combs is purchasing the business operations from Cresco Labs and Columbia Care, two multistate... Read more

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