Colorado registered more than $202 million in marijuana sales in July, the state Department of Revenue (DOR) said on Friday. The total represents a month-over-month sales increase of 8%, with the largest increase coming from the recreational side. Colorado sold more than $167 million in recreational marijuana compared to... Read more
Challenges that arise when running a cannabis dispensary aren’t unlike those that come up when operating any retail store, however with cannabis, there are the added elements of compliance and regulations that also need to be considered. Cannabis dispensaries are heavily regulated entities and, as a result, are constantly... Read more
In case you missed the parades featuring giant doobie floats, the joint giveaways for the vaccinated or the general celebratory aroma of city streets, recreational marijuana is now legal in New York. While attention is trained on the new legal drug business the state is building, another even larger... Read more
A legislative panel assembled to study the legalization of recreational marijuana in Maryland began work last Wednesday, laying out plans to draft a referendum ballot measure for next year’s general election. The working group of 10 members of the Maryland House of Delegates is tasked with creating a plan... Read more
Jushi Holdings Inc. Completes Nature’s Remedy Acquisition and Officially Enters Massachusetts Market Jushi Holdings Inc. Completes Acquisition of Massachusetts-Based Nature’s Remedy Negotiates Revised Transaction Terms Resulting in 4.3 million Fewer Shares Issued Adds Vertically Integrated Operator with Two Retail Dispensaries and a Cultivation and Manufacturing Facility Officially Enters Its... Read more
AFC Gamma Expands Existing Senior Secured Credit Facility With Devi Holdings, Inc. by $30 Million Supporting Continued Growth of its Existing Borrower; AFC Gamma Commits $62.5 Million under Expanded Credit Facility WEST PALM BEACH, Fla., Sept. 13, 2021 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced... Read more
Plus Products Files for Creditor Protection Under the Companies’ Creditors Arrangement Act and Cancels September 14 Annual General Meeting SAN MATEO, Calif., Sept. 13, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”) has secured court protection from its creditors under the Companies’... Read more
A Connecticut state official said on Wednesday that regulators working to implement the state’s legalization of cannabis still have many details to work out before accepting applications for business licenses and hinted that the launch of legal recreational marijuana sales may be delayed. Connecticut became the fourth state to... Read more
Exclusive Interview with Planet 13 Co-CEOs Robert Groesbeck and Larry Scheffler Planet 13 (CSE: PLTH) (OTCQX: PLNHF) is about more than just Las Vegas. When the company’s team spoke with New Cannabis Ventures this spring, they were building a superstore in California. Now, the Orange County location is open... Read more
A dystopian reality of government-controlled drones hovering overhead is a reality for growers in Nevada County, California, but the effort to locate illegal operations is supported by local cannabis organizations such Nevada County Cannabis Alliance. In many areas in California, growers have the challenge of competing with illicit operations... Read more
