As is true in other mature cannabis programs, Colorado falls short in minority representation among business owners.
Bart Schaneman
Bart Schaneman's Latest Posts
Columbia Care to close on major deal to acquire Colorado marijuana retailer
Multistate operator Columbia Care is set to close on a full-stock deal to acquire major Denver-based vertically integrated cannabis company The Green Solution, which would significantly expand the New York-based MSO’s presence nationwide.
Some marijuana shops looted in late May reopen after spending hundreds of thousands of dollars
More than two months after thieves broke into dozens of marijuana retailers nationwide during the George Floyd protests, a number of those businesses have reopened their doors after spending hundreds of thousands on reinforcing their stores.
Scant minority ownership in Nevada’s cannabis industry, spurring calls for social equity reform
Minority ownership of cannabis businesses in Nevada is rare, and there are few signs that situation is likely to change anytime soon.
Florida medical cannabis company told to recall moldy flower
Medical marijuana company Alpha Foliage, which does business in Florida as Surterra Wellness, was ordered to recall flower that contained high levels of mold. According to the News Service of Florida, the state health department's Office of...
Massachusetts cannabis company to dump $2.6 million worth of vape pens
Massachusetts-based marijuana business Temescal Wellness plans to destroy more than 40,000 vape cartridges, worth $2.6 million, that have sat unused after the state temporarily banned marijuana vaping during the 2019 health crisis linked to the hardware. “People are...
Colorado cannabis firms Schwazze, Medicine Man Denver part ways
Medicine Man Denver, a Colorado-based cultivator and retailer, and Schwazze, formerly Medicine Man Technologies, terminated their agreement, effective Aug. 20.
Florida REIT raises $80 million to lend to cannabis companies
AFC Gamma, a real estate investment trust (REIT), raised $80 million that, coupled with a $40 million credit line, gives the West Palm Beach, Florida, firm approximately $120 million to lend to marijuana businesses. According to a news...
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45 million Canadian dollars), according to the proxy statement the company released after the fiscal year ended March 31.
Maine sets October date to commence recreational cannabis sales
In a long-awaited move, Maine regulators set an Oct. 9 date for recreational cannabis sales to begin, nearly four years after voters approved adult-use sales. The state's Office of Marijuana Policy released the timetable for adult-use...
Here’s how some marijuana extractors deliver reliable products
Sourcing exceptional flower is key to a successful marijuana extraction operation, but so is attention to detail in the lab.
Cannabis social equity makes progress in Washington state, but licensees will face notable obstacles
Efforts to broaden minority participation in Washington state’s cannabis industry are underway, but government officials face obstacles to create a viable social equity program in a hotly competitive market with plentiful supplies.
