Regulated New York cannabis sales on pace to exceed $450 million in 2024
New York state marijuana regulators on Tuesday approved another 123 cannabis business permits as legal sales continue to gain momentum following a slow start. After posting a record $100 million in sales for August – a reporting period that also included the last few...
Mammoth Distribution acquires marijuana company Papa & Barkley
Mammoth Distribution on Wednesday announced the finalized acquisition of Papa & Barkley, one of the most established cannabis brands in California. Financial details were not disclosed. ADVERTISEMENT “Our cannabis community is maturing and evolving,” Nik Patel,...
Ohio retailers sell more than $50 million in recreational cannabis in first month
Ohio’s recreational marijuana sales topped $50 million during the first month adult-use cannabis products were available in the regulated market. The state’s 123 licensed cannabis retailers sold $54.5 million worth of cannabis products between Aug. 6 and Sept. 7,...
Federal appeals court decision raises spirits of hemp operators
Hemp interests are celebrating a federal appeals court decision last week that challenges the U.S. Drug Enforcement Administration’s ban on synthetic cannabinoids. Some cannabis attorneys believe the ruling affirms the legality of intoxicating hemp products not...
Longtime marijuana advocacy groups absent from 2024 ballot in FL, ND
Regulated marijuana is a reality in more than half the country – and federal cannabis reform efforts have advanced further than ever in Washington, D.C. – thanks in large part to ballot initiative campaigns largely funded, organized and run by nonprofit advocacy...
Canadian retailer High Tide partners with Alberta cannabis events company
Canadian marijuana retailer and e-commerce platform provider High Tide on Tuesday announced a joint venture with Positive Intent Events (PIE) to bolster its position in Canada’s developing cannabis hospitality sector. High Tide, Canada’s largest marijuana retail chain...
Rhode Island regulators support lottery for cannabis retail licenses
The winning applicants for Rhode Island’s next two dozen cannabis retail licenses could be selected through a lottery under a proposal approved by the state’s Cannabis Control Commission. However, that would happen only after applicants are screened based on...
Massachusetts treasurer fires state’s top marijuana official
(This story was updated at 6:30 p.m. ET with more industry comments.) A long-running leadership saga that was a drag on the Massachusetts cannabis industry ended Monday with the firing of the state’s top cannabis official. Shannon O’Brien, former chair of the...
Cannabis staffing platform Vangst acquires GreenForce
Colorado-based hiring platform Vangst is buying GreenForce, a temporary staffing agency for the cannabis industry operating in Arizona and Oregon. GreenForce founder and CEO Ryan Rosenfeld will join Vangst as chief business officer to focus on the company’s regional...
North Carolina recreational marijuana sales on tribal lands attract thousands
More than 4,000 consumers made history over the weekend, when they purchased marijuana from the Great Smoky Cannabis Co. store in Cherokee, North Carolina. When adult-use sales began Saturday, the Eastern Band of Cherokee Indians (EBCI) became the first indigenous...
Ayr Wellness awarded medical cannabis license in Virginia
Miami-based marijuana multistate operator Ayr Wellness was awarded the last of five medical cannabis licenses to be issued in Virginia. The “pharmaceutical processor” license allows the vertically integrated company to cultivate and process cannabis and manufacture...Featured
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