The New Mexico Cannabis Control Division (CCD) announced on December 28 that it has finalized the rules for cannabis manufacturers, retailers and couriers. The final rules were published in Issue 24 of the New Mexico Register. Hundreds of applications for licenses are currently under review. The rules are effective... Read more
Weed entrepreneurs have poured into Oklahoma from across the United States, propelled by low start-up costs and relaxed rules. KEOTA, Okla. — Across Oklahoma, a staunchly conservative state with a history of drawing people in search of wealth from the land, a new kind of crop is taking over... Read more
Exclusive Interview with The Parent Company CEO Troy Datcher This summer, Troy Datcher joined The Parent Company (NEO: GRAM.U) (OTCQX: GRAMF) as CEO after decades of experience with Clorox and Procter & Gamble. Since his arrival, The Parent Company has continued to navigate the challenging California market and to... Read more
The state of Maine is determined to preserve its requirement that cannabis businesses be owned by its own residents, bringing the dispute into uncharted legal territory. First, some background. Officials in the Pine Tree State “originally required all medical and recreational cannabis businesses to be owned by residents,” as... Read more
One of New York’s largest cities could put cannabis tax revenue to work by helping to implement reparations for impoverished communities impacted by the War on Drugs. First reported by Business Insider, Rochester, New York’s Mayor-Elect Malik Evans plans to fuel his city’s progressive Guaranteed Basic Income (GBI) program... Read more
Curaleaf Announces The Acquisition Of Bloom Dispensaries Bloom further strengthens Curaleaf’s presence in the highly attractive Arizona market, expanding the Company’s cultivation, processing, and retail assets in the state Acquisition will be immediately accretive to Curaleaf’s adjusted EBITDA margin upon close Upon close of recently announced acquisitions, the Company’s... Read more
The Texas Supreme Court has agreed to hear a case challenging the state’s ban on smokable hemp and has scheduled oral arguments for early next year. After hemp was legalized at the federal level through the 2018 Farm Bill, the following year, Texas state lawmakers approved legislation that bans... Read more
The Maryland legislature is moving toward placing a voter referendum on legalizing marijuana on ballots in 2022. Text of the proposed legislation was written by Del. Luke Clippinger (D-Baltimore City), who is chairman of Maryland’s House Cannabis Referendum and Legalization Workgroup, formed last summer to study the issue. The... Read more
Next month could mean a budding business plan blossoming into its full potential, or it could bring possible failure in an industry as crowded as this lot. “It’s kind of like charging into the dark,” said Cody Lundmark, co-owner of Sacred Sun Farms, one of the four shops of... Read more
