“This is definitely a way to stand out.” Two entrepreneurs in Whately are looking to strip down their existing business model and reimagine it to provide what would be a unique offering in the state’s competitive cannabis industry. The owners of Club Castaway, a strip club, have plans to... Read more
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
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
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 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