Member Blog: Breaking Ground – Maryland’s Leading Role in Cannabis Testing Standards
With the advantage of watching several other states blaze the regulated and tested trail before it, the state of Maryland’s cannabis testing program is one of the more robust and modern of the current industry. After long delays, the state’s medical program – which included a testing program – finally... Read more
AYR Wellness Reports Fourth Quarter and Full Year 2023 Results FY 2023 Revenue up 10% to $463.6 Million, Excluding Discontinued Operations FY 2023 GAAP Loss from Operations Improved to $37.2 Million, Excluding Discontinued Operations FY 2023 Adjusted EBITDA1 up 51% to $114.0 Million, with Adjusted EBITDA Margin of 25%... Read more
A bill on the desk of Washington State Gov. Jay Inslee (D) would exempt registered medical marijuana patients from the state’s 37 percent cannabis excise tax, which is currently one of the highest in the country. The exemption would only apply, however, to products that have been certified to... Read more
“This is Attorney General Mayes giving the marijuana industry something that the legislature would not.” By Jim Small, Arizona Mirror Arizona law bars the sale of “diet weed” products like delta-8 THC in smoke shops and convenience stores, Attorney General Kris Mayes said. But proponents of the hemp industry... Read more
A Hawaii Senate panel has significantly scaled back a measure that—as passed by the House last week—would have directed the state to automatically expunge tens of thousands of arrest and conviction records for low-level marijuana possession, amending the proposal to instead limit the relief  to a one-county pilot program.... Read more
Ascend Wellness Holdings, Inc. (AWH) FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS
MariMed Inc. (MRMD) Opens Larger, Permanent Thrive Dispensary in Casey, Illinois
Cannabis Champions: March 2024’s Top Performing US Stocks
AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS Q4 2023 Net Revenue Increased 25% Year-over-Year to $140 million Q4 2023 Adjusted EBITDA Increased 15% Year-over-Year to $32 million Full Year 2023 Net Revenue Increased 28% Year-over-Year to $519 million Full Year 2023 Adjusted EBITDA Increased 14% Year-over-Year... Read more
Common Pitfalls in Cannabis Brand License Agreements

Cannabis companies and (depending on the state) brands often use license agreements to grow their brands. If done correctly, they can be a huge driver of revenue for the brands and licensees, and can grow the good will of the brand across a particular territory. However, they are notoriously easy to botch. A bad license

The post Common Pitfalls in Cannabis Brand License Agreements appeared first on Harris Sliwoski LLP.

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