Exclusive Interview with Jushi Holdings Chairman, Founder and CEO Jim Cacioppo Jushi Holdings (CSE: JUSH) (OTCQX: JUSHF) reported 117 percent revenue growth from Q3 2020 to Q3 2021 and 13 percent sequential growth. In addition to organic growth, the MSO remains acquisitive. Chairman, Founder and CEO Jim Cacioppo last... Read more
Cresco Labs Closes Acquisition of Three High-Performing Pennsylvania Dispensaries CHICAGO, November 25, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the closing of the Company’s previously announced acquisition of Bay, LLC d/b/a Cure... Read more
Pennsylvania Health Department orders second approval for vaporized cannabis: report
When the largest-ever Michigan marijuana recall was issued on Wednesday, Nov. 17, Matt Imig’s phone began ringing. Customers were calling. Imig, who owns M&M Agriculture, a comparably small, 1,000-plant licensed marijuana grow facility in Lansing, uses Viridis Laboratories, the target of the recall, for all of his mandated safety... Read more
Exclusive Interview with TILT Holdings CEO Gary Santo TILT Holdings (NEO: TILT) (OTCQX: TLLTF) has entered its second act, shifting the company to a unique B2B model. CEO Gary Santo last spoke with New Cannabis Ventures in May, when he was just stepping into his leadership position with the company.... Read more
A pair of Pennsylvania lawmakers—one a Democrat, the other a Republican—joined forces this week to put their support behind a bill that would permit medical cannabis patients in the state to cultivate their own cannabis plants at home. State Sens. Sharif Street, a Democrat, and Dan Laughlin, a Republican,... Read more
Amid struggles, Pennsylvania farmers eye potential in burgeoning hemp industry
Even as Pennsylvania’s hemp industry continues to face growing pains, farmer Rick Fundy knows there is potential in the trade. This year, he invested $5,000 to begin growing hemp on his future son-in-law’s Latrobe farm. With equipment already purchased for use on other crops, Fundy invested in seeds and... Read more
A ballot measure calling on state leaders to decriminalize marijuana in Pennsylvania enjoyed strong support from Philadelphia’s voters on Tuesday, receiving more than 72 percent of ballots cast in a citywide election.  Philadelphia’s Question 1 amends the Philadelphia Home Charter to call on the governor and the Pennsylvania General... Read more
Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest CHICAGO, October 14, 2021–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive... Read more
It’s time to legalize recreational marijuana in Pa., GOP senator says: ‘It’s inevitable’
Republican Sen. Mike Regan, a former U.S. marshal who spent years fighting the drug wars, is now calling for marijuana to be legalized in Pennsylvania. “I think it’s inevitable,” said Regan, R-Cumberland/York counties. “It’s common sense to think we’re going to do it at some time and it should... 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
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