New York’s recreational marijuana market is poised to begin with a big splash — and it’s one that may well ripple around the world, according to speakers at a packed “Business of Cannabis: New York” conference last week. The state’s industry, which is expected to begin licensed sales around... Read more
Ryan Allway October 5th, 2021 Cannabis company positioned to benefit from U.S. legalization efforts with its core operating markets clearly defined as Nevada and California Kelowna, British Columbia and Las Vegas, Nevada–(Newsfile Corp. – October 5, 2021) – Fiore Cannabis (CSE: FIOR) (OTCQX: FIORF) (“Fiore” or the “Company”), a... Read more
Wisconsin representatives upped the ante on punishments for cannabis extraction, comparing dangerous manufacturing practices to the meth-making process. In some Wisconsin lawmakers’ eyes, extracts are entirely different from cannabis flower, and the use and manufacturing of them should be punished accordingly. Wisconsin Examiner reports that on September 30 Wisconsin’s... Read more
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
Ayr Wellness Closes Acquisitions of PA Natural Medicine, LLC; Provides Update on Warrant Acceleration Adds Three Dispensaries to Ayr’s PA Footprint MIAMI, Oct. 04, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), today announced it has... Read more
Curaleaf Completes Acquisition of Los Sueños Expands Colorado Outdoor Cultivation Capacity with 66 acres in 2nd Largest U.S. Cannabis Market Acquisition Completes Curaleaf’s Vertical Integration and Bolsters State’s Biomass Production WAKEFIELD, Mass., Oct. 4, 2021 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis,... Read more
Colorado sales figures and budget predictions show that the marijuana industry’s growth is finally flatlining after COVID-19’s sales boost. Unlike much of the economy, the cannabis industry largely benefited from the COVID-19 pandemic, with Colorado dispensaries breaking records on their way to nearly $2.2 billion in sales last year. Those strong sales... Read more
Cannabis dispensaries in Massachusetts will no longer be permitted to offer curbside pickup of recreational marijuana purchases to their customers after state regulators allowed an emergency rule permitting the practice to expire. At a meeting of the Massachusetts Cannabis Control Commission on September 17, regulators voted to extend some... Read more
Two Pennsylvania state lawmakers introduced legislation on Tuesday that would legalize recreational cannabis for adults and create a regulated market for adult-use marijuana. The legislation from Democratic state Reps. Jake Wheatley and Dan Frankel, House Bill 2050, also includes social equity provisions to encourage participation in the legal cannabis... Read more
NBA Hall of Famer and entrepreneur Chris Webber on Tuesday broke ground on Players Only Holdings, a $50 million cannabis production and training facility in Detroit’s Corktown neighborhood. Once completed, the new facility sitting on nine acres near the Detroit River is expected to create hundreds of jobs over... Read more