A new cannabis dispensary that opened Monday is the first in a city program designed to give Sacramento residents affected by the war on drugs an opportunity to legally sell marijuana to customers. Personal trainer Robert Jackson is the majority partner in the new business at 6233 Mack Road... Read more
What state officials say would be the first social equity-licensed marijuana store in Illinois is scheduled to open next week in Chicago’s River North area. Green Rose Dispensary is soon to open on the site of the old Carson’s Ribs restaurant at Ontario and Wells streets, one of the... Read more
By Sean Mack On November 10, 2022, a New York federal judge entered an order enjoining New York’s retail cannabis dispensary application process in five regions of the state. This decision follows similar decisions from federal courts in Maine and Michigan that have found provisions in cannabis licensing rules... Read more
Glass House Brands Reports Third Quarter 2022 Financial Results Reports record quarterly revenue of $28.3M, up 72% from Q2 2022 Biomass production1 up 164% year-on-year and biomass revenue increased 180% year-on-year Record low quarterly cost per pound of $134, down 15% sequentially2 Gross margin of 31%, increases from 2% in Q2 2022... Read more
New York’s Cannabis Retail Dispensary Regulations, Part 1: Dispensary Operations By Matthew Schwartz, Attorney at Harris Bricken As we previously summarized, on Friday, October 28, 2022, the Office of Cannabis Management (OCM) released its “Guidance for Adult-Use Dispensaries” (the Regulations).… Read more
LITTLE ROCK, Ark. (AP) — Voters approved recreational marijuana in Maryland and Missouri but rejected it in two other states, signaling support gradually growing for legalization even in conservative parts of the country. The results mean that 21 states have now approved marijuana’s recreational use. Arkansas and North Dakota... Read more
State turns down recreational pot Arkansas voters rejected a constitutional amendment to legalize recreational marijuana Tuesday night, a resounding defeat for the state’s medical cannabis industry that backed the measure and a victory for social conservatives and those who saw the amendment as a giveaway to the state’s medical... Read more
Schwazze Announces Third Quarter Results Record Quarterly Revenue and Adjusted EBITDA Revenue Increased 36% to $43.2 Million Compared to $31.8 Million in Q3 2021 Nine Month Revenue Increased 46% to $119.2 Million Compared to $81.9 Million Adjusted EBITDA of $15.9 Million, 36.7% of Revenue Nine Month Adjusted EBITDA of... Read more
This effort was passed with the help of Ground Game Texas, a local advocacy group that targeted those five cities specifically for the ballot. The organization has also been involved in other campaigns in Austin, El Paso, and San Antonio. “Big night for Ground Game! All five of our... Read more
