Nevada suspends marijuana edibles maker’s license over rules violations
Nevada marijuana edibles manufacturer Kindibles has temporarily lost its business license after regulators found that a product line was not inspected per state rules.
Nevada Medical Cannabis News
Nevada marijuana edibles manufacturer Kindibles has temporarily lost its business license after regulators found that a product line was not inspected per state rules.
A cannabis cultivation company in Nevada was fined $565,000 for allegedly failing to tag its plants for the state-mandated seed-to-sale tracking system and operating with expired licenses, among other violations.
Adult-use cannabis sales in Western states haven’t been able to keep the pace that led to exceptional growth in 2020, with lackluster summer sales showing a decline in growth from the previous year.
Drive-thrus, VIP sales areas, consumption lounges – even separate rooms to buy cannabis growing equipment.
All are features that businesses in the hotly competitive marijuana industry are incorporating into their retail operations to stand out from the crowd and attract customers.
Multistate cannabis operator Jushi Holdings Inc. secured a $100 million credit facility with a 9.5% annual interest rate to bankroll expansion in the company’s core and targeted U.S. markets.
Recreational marijuana sales in Nevada surpassed the $1 billion mark for fiscal year 2021, according to data from the state.
Cannabis edible manufacturers are becoming more sophisticated by simplifying their labeling in a bid to woo customers and boost sales.