Before the coronavirus outbreak, Thrive Cannabis Marketplace in North Las Vegas was making about three dozen deliveries a day. But with dispensaries only permitted to offer delivery service after nonessential businesses were ordered closed, Thrive is making several hundred deliveries a day. “Previously, deliveries were a very small portion... Read more
Nevadans can still get their marijuana. It just might take a bit longer to get it. Marijuana dispensaries made the list of businesses allowed to stay open in Nevada under Gov. Steve Sisolak’s order to close “nonessential” businesses that came down on Friday as part of the state’s plan to blunt... Read more
Cannabis regulators across the country continue to react to the spreading coronavirus pandemic, with Oregon and Pennsylvania relaxing rules while storefront dispensaries were ordered closed in Nevada. The changes come as more states issue stay-at-home orders in an effort to curtail the spread of the virus. In Oregon, regulators... Read more
All recreational and medical marijuana dispensaries must close their storefronts per the emergency declaration issued by Nevada Gov. Steve Sisolak on Friday. Dispensaries will be required to shut down all public store fronts by midnight Friday despite the surge in purchases. Legal cannabis sales will continue but will be available by delivery... Read more
State officials in Nevada announced on Wednesday that cannabis dispensaries have been deemed essential businesses, allowing the shops to remain open during a closure ordered by Democratic Gov. Steve Sisolak. The governor ordered the closure of nonessential businesses on Tuesday in an effort to control the growing pandemic of... Read more
by Glenn H. Truitt, Esq., Ideal Business Partners There’s been a lot of positive press lately about the success of the cannabis industry in Nevada, and with good reason. The cannabis industry contributed more than $110 million dollars in FY19 to state coffers and is poised to overtake the... Read more
TerrAscend Announces Termination of Gravitas Nevada Ltd. Acquisition TORONTO, Jan. 27, 2020 /CNW/ – TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend” or “the Company”), the first and only global cannabis company licensed for sales in Canada, the U.S., and the EU, today announced the termination of the Securities Purchase... Read more
By Gabriel Cross, CEO of Odyssey DistributionMember of NCIA’s State Regulations Committee Oversupply and shortages, high prices and lack of choice for patients and consumers, illicit markets, tainted products, and the inability to access banking and capital all plague the burgeoning cannabis industry. While cannabis advocates and industry leaders... Read more
Planet 13 Announces Strong Finish to 2019 – Approximately 695,000 Customers Served in 2019 at an Average Ticket above $90 Approximately 695,000 customers served in 2019 at an average ticket above $90 for preliminary unaudited revenue of ~$63 million Preliminary unaudited gross margin of ~57% for 2019, with margin expansion throughout the... Read more
