Colorado Senate Rejects Attempt to Tighten Marijuana Industry Supervision
ColoradoMarijuana Industry NewsRecreational Marijuana April 6, 2022 0
A Colorado Senate committee has rejected a bill that would have increased supervision of commercial marijuana businesses. Senate Bill 149 would have created new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product recalls and black market activity; it also called for increased dispensary inspections... Read more
Harborside Inc. Completes Acquisition of Loudpack to Form One of the Largest Vertically Integrated Cannabis Enterprises in California
California April 5, 2022
“This is an important milestone,” said Ed Schmults, Chief Executive Officer of Harborside. “By combining the businesses of Harborside, Sublime, Urbn Leaf and Loudpack, we established a true leader in California’s cannabis industry with a strong platform for growth. The Loudpack team, led by CEO Marc Ravner, has built a tremendous business that... Read more
Black Baltimore has largely been left out of Maryland’s marijuana industry. Here’s how some are pushing to fix that.
Marijuana Industry NewsMaryland April 5, 2022 0
Baltimore, which is 62% Black, has 10 dispensaries. Some are locally owned. Others are owned by multistate corporations. None have majority Black ownership. And only one dispensary is located in a Black neighborhood. Now, Maryland is poised to legalize adult-use cannabis, meaning more dispensaries, more jobs and more money.... Read more
Unlicensed marijuana dispensaries multiply in New York City despite warnings from state regulators
Marijuana Industry NewsNew York April 4, 2022 0
On a recent afternoon, a sales associate at Street Lawyer Services, a marijuana dispensary on the Lower East Side, scrolled through the shop’s inventory on a screen as Oliver, a return customer, looked on. Because of the store’s “gifting” model, he was technically there to purchase digital content such... Read more
New Mexico’s marijuana sales eclipse $4 million mark
Marijuana Industry NewsNew MexicoRecreational Marijuana April 4, 2022 0
Cannabis sales in New Mexico have been smoking hot, to say the least. Recreational cannabis sales have topped the $3 million mark, since legal sales began Friday. As of 12 pm Sunday, more than $4.5 million in total sales have been recorded statewide. $1.96 million was sold in recreational... Read more
