Ayr Wellness awarded medical cannabis license in Virginia
Miami-based multistate cannabis operator Ayr Wellness was awarded the last of five medical cannabis licenses to be issued in Virginia.
Miami-based multistate cannabis operator Ayr Wellness was awarded the last of five medical cannabis licenses to be issued in Virginia.
Authorities in Virginia levied $10.77 million in fines on almost 350 businesses across the state for violating rules restricting intoxicating hemp-derived cannabinoid products.
Chicago-based cannabis multistate operator Verano Holdings Corp. will pay $105 million to The Cannabist Co. to acquire the New York-headquartered MSO’s plant-touching operations in Arizona and Virginia.
The Cannabist Co. on Monday announced a restructuring plan expected to save the marijuana multistate operator $10 million in annual operational expenses.
As was widely expected, Virginia’s Republican governor vetoed a bill that would have finally legalized adult-use marijuana sales in the state.
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
Intoxicating cannabis is being sold in accordance with state laws. But it’s not sold as marijuana – it’s labeled THCA, which is psychoactive when heated.