This month, NCIA’s editorial department continues the monthly Member Spotlight series by highlighting our Social Equity Scholarship Recipients as part of our Diversity, Equity, and Inclusion Program. Participants are gaining first-hand access to regulators in key markets to get insight on the industry, tips for raising capital, and advice on how to... Read more
Marijuana industry has only a couple banking options in New Mexico
Verdes Foundation, one of New Mexico’s largest medical cannabis companies, is set to open its first Santa Fe shop — a dispensary on downtown Shelby Street — at the end of November. It plans another new store in the city in 2022, when the state will launch legal sales... Read more
Law enforcement officers and other authorities in southern Oregon say that a rash of illegal marijuana cultivation operations in the area are linked to Mexican drug cartels intent on overwhelming local resources as a strategy to maximize profits.  In Jackson County, officials declared a state of emergency last month... Read more
Regulators in New Mexico held a public hearing this week to discuss rules for the state’s forthcoming recreational cannabis market.  The state’s Regulation and Licensing Department, as well as its Cannabis Control Division, fielded questions and comments from the public during last Thursday’s hearing over the rules that will... Read more
Columbia Care Completes Acquisition of Colorado-Based Medicine Man; Strengthens Leadership Position in World’s Second Largest Cannabis Market Adds Four Denver-Metro Retail Locations and a 35,000-Square-Foot Indoor Cultivation Facility Immediately Accretive to Columbia Care’s Adjusted EBITDA and Cash Flow from Operations Solidifies Columbia Care’s Position as the Leading Retailer, Cultivator... Read more
Massachusetts cannabis delivery companies are seeing demand, but say one issue is getting in the way of profitability
For Christopher Fevry, the CEO and co-founder of cannabis delivery company Your Green Package, October has brought a milestone of crossing 2,500 deliveries. After starting delivery with NETA over the summer, Your Green Package is also working with Garden Remedies now, and is doing 30-plus deliveries per day, Fevry... Read more
Today Grammy Award-nominated artist Afroman announced tours in Mississippi and Oklahoma, and a new single to boot. Be on the lookout for Afroman Cannabis at dispensaries dispersed throughout Oklahoma. Last year, Palmdale, California-based star Afroman appeared on the single “WHOLEthing” for his Cosmic Wire debut with BLAZAR. This year,... Read more
New Mexico state regulators hear from public on proposed cannabis courier, manufacturing, retail rules
The New Mexico Regulation and Licensing Department and its Cannabis Control Division heard from the public on Thursday during a public rulemaking hearing regarding cannabis couriers, retail establishments and manufacturing facilities. The comments during the meeting varied from proposed regulations for packaging requirements, general business practices to cannabis deliveries... Read more
Regulators in Montana last week issued a slate of proposed rules for the state’s coming recreational marijuana marketplace, and cannabis advocates are excited to get started.  Pot sales for adults aged 21 and older are scheduled to get underway on New Year’s Day in Big Sky Country, which means... Read more
In Michigan, Big Marijuana wants to crack down on caregivers who grow pot for patients at home
Medical marijuana caregivers and patients led the way in the cannabis legalization process in 2008, when voters passed the Michigan Medical Marihuana Act. However, since marijuana was legalized by voters in 2018 for recreational adult-use, most of the attention has now been on that much larger market. Well, the... Read more
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