Embattled Michigan marijuana cultivator and retailer Skymint, which is in receivership, will auction off its assets.
Chris Casacchia
Chris Casacchia's Latest Posts
Legal settlement paves way for marijuana retail licensing in NY region
A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the Finger Lakes region.
Cannabis MSOs set to enter NY adult-use market after policy change
New legislation and significant regulatory policy shifts are in play to stabilize the shaky roll-out of New York’s adult-use cannabis program, including allowing some of the nation’s largest multistate operators (MSOs) to enter the expanded market by year’s end.
Proposed Missouri ZIP codes for marijuana microbusinesses under fire
Social equity advocates in Missouri are questioning the validity of numerous ZIP codes submitted by law enforcement that would qualify residents to apply for cannabis microbusiness licenses.
Q1 cannabis sales in California fall to $1.25B, lowest level since pandemic
First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19 pandemic, according to the latest statistics from the state’s Department of Tax and Fee Administration.
Lowell Farms sells cannabis processing plant for $19 million in leaseback deal
Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New Wilston Associates and entered a leaseback agreement with the company.
MA scratches pilot program for cannabis consumption spaces before launch
Massachusetts regulators scrapped a pilot program to establish cannabis cafes in 12 municipalities, likely ending the potential for consumption spaces to open in the state this year.
Cannabis operator Item 9 Labs cutting $3.5M in expenses in restructuring plan
Vertically integrated cannabis producer and retailer Item 9 Labs Corp. has initiated a restructuring plan that includes cutting expenses by $3.5 million and an executive shake-up.
Nebraska advocates rekindle medical cannabis legalization efforts
A group of marijuana advocates in Nebraska have renewed efforts to secure enough signatures to bring two specific medical cannabis legalization issues to voters in 2024.
Illinois marijuana delivery providers file complaint over unlicensed operators
Thirteen marijuana delivery service providers in central Illinois filed a complaint against state regulators, alleging that they are allowing unlicensed operators to transport product.
Oregon to withhold cannabis retail licenses for unpaid taxes
Oregon Governor Tina Kotek on Tuesday announced that cannabis retailers must pay state taxes or regulators won’t issue or renew their licenses.
Cannabis rebrands aim to differentiate retail, not alienate shoppers
A push toward familiarity and comfort is in – while the reincarnation of the Apple Store for cannabis appears to be on the way out. If one element can summarize this recent swing of industry makeovers, a sense of “do no harm” related to the shopping and customer experience is near the top.
