Two of the marijuana industry’s biggest ancillary companies, Greenlane Holdings and KushCo Holdings, entered into an all-stock merger agreement.
Omar Sacirbey
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Vermont appoints regulators to oversee recreational cannabis industry
Advancing efforts to launch Vermont’s recreational marijuana industry, Gov. Phil Scott announced his three appointees for the state’s Cannabis Control Board.
Expanding Ayr acquires New Jersey medical cannabis company
Ayr Wellness, a multistate marijuana operator with offices in New York and Toronto, agreed to a $101 million acquisition of GSD NJ, a vertically integrated medical cannabis company.
Dialing in flower cultivation is at the center of the booming cannabis industry
Innovation in the cannabis industry is accelerating, with creative entrepreneurs developing emulsions, fast-acting formulas and other delivery enhancements for an ever-expanding universe of products.
Colorado marijuana businesses provide THC products for MJ research
Two Colorado-based marijuana companies are teaming up with the University of Colorado Boulder to study the heath impacts of flower and infused edibles. Native Roots, a Denver-headquartered medical and adult-use cannabis retail chain of 20 stories, will provide flower...
Cannabis MSO Cresco expands in Massachusetts via $90M acquisition
Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of vertically integrated Massachusetts operator Cultivate. According to a news release, Cresco is paying $15 million in cash and $75 million...
Maine’s largest city about to open recreational cannabis license floodgates
Maine’s biggest city, Portland, could soon be awash in recreational cannabis retailers after a slow implementation process. SeaWeed Co. opened March 12, Grass Roots Marijuana Shop is expected to open Tuesday March 16 and another 31 applicants are awaiting licensing...
How ‘essential’ transformed the US cannabis industry amid the COVID-19 pandemic
During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer for the nation’s legal marijuana industry: “essential.”
Detroit sued over locals-preferred cannabis licensing rule
An aspiring cannabis business owner who says she has lived in or around Detroit most of her life is suing the city for allegedly discriminating against marijuana business license applicants who don’t meet the definition of who qualifies as a resident. The lawsuit was...
Las Vegas cannabis retailers get OK to offer drive-thru service
Las Vegas offers drive-thrus for alcohol, gambling, weddings and peep shows, and now the tourist mecca is allowing cannabis stores to offer the service. The Las Vegas City Council voted 6-0 on Wednesday to rescind a citywide restriction on marijuana retail drive-thru...
Nearly 20 Vermont towns vote to allow recreational cannabis sales
Voters in Vermont’s biggest city, Burlington, as well as the state capital, Montpelier, and at least 16 other towns approved recreational cannabis sales in their communities.
Alaska’s interim cannabis chief gets permanent appointment
Glen Klinkhart, who has served as interim director of Alaska’s Alcohol and Marijuana Control Office (AMCO) since 2019, was given the job on a permanent basis.
