Connecticut marijuana regulators will begin accepting adult-use social equity cultivation and retailer license applications on Feb. 3, with the launch of recreational sales anticipated “by the end of 2022.”
Jeff Smith
Jeff Smith's Latest Posts
Despite expected sales decline, Scotts Miracle-Gro expands cannabis holdings
Scotts Miracle-Gro said that first-quarter sales of its Hawthorne Gardening Co. hydroponic business are expected to decline about 40% because of a slowdown in the cannabis market and supply-chain disruptions.
Virginia governor-elect Youngkin lukewarm about recreational marijuana
Virginia’s newly elected Republican governor says he isn’t opposed or looking to overturn recreational marijuana legalization, but “I think there is a lot of work to do.”
Oklahoma forges ahead with adult-use marijuana initiative despite legal fight
The effort to put adult-use marijuana on this fall’s ballot in Oklahoma is moving ahead despite a legal challenge, an advocate said.
Marijuana M&A sizzled in 2021 and is poised for a hot 2022
Marijuana merger and acquisition activity proceeded at a torrid pace in 2021 – and could accelerate in 2022 – thanks to lower interest costs and pressure on larger companies to expand their footprints and boost revenue.
Cannabis MSO Curaleaf acquires 10th Arizona license for $13 million
Cannabis giant Curaleaf Holdings said it entered a definitive agreement to acquire an Arizona retailer for $13 million, its 10th in the booming adult-use market.
Maine fights to keep medical cannabis residency rule
A top regulator and industry group are fighting to keep Maine’s residency requirement for medical cannabis business owners.
Arkansas, Missouri medical cannabis sales take different paths
The medical cannabis markets of neighboring states Arkansas and Missouri are roughly the same size, but they’re going in somewhat opposite directions.
Montana prepares for Jan. 1 launch of $325 million adult-use cannabis market
Montana cannabis businesses are gearing up for the scheduled Jan. 1 launch of the nation’s newest adult-use program, with major changes in store for how companies operate and concerns about shortages in a market projected to top $300 million in annual sales by 2025.
Dutch company buys Texas cannabis grow light firm for $272 million
A Dutch lighting giant signed a definitive agreement to acquire Texas-based Fluence, which provides grow lights to cannabis cultivators and other agricultural companies, for $272 million.
NY’s top cannabis regulator voices bullish timeline for adult-use launch
New York’s top cannabis regulator said this week she hopes the state can adhere to an 18-month timeline from last March’s enactment of adult-use marijuana legislation to roll out the expected billion-dollar program.
New Mexico approves first recreational cannabis producer licenses
New Mexico regulators approved three recreational cannabis producer licenses, the first batch under the state’s projected $350 million adult-use program.
