Cannabis Business Times

Verano Opens 2 More MÜV Dispensaries in Florida
Thu 5:14am
The new retail locations in Melbourne and Okeechobee expand the company’s footprint to 79 stores in the Sunshine State, 152 nationwide.

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Green Thumb Industries Refinances Senior Debt, Closing on $150 Million Syndicated Credit Facility
Thu 4:14am
The cannabis company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt.

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Planet 13 Enters Agreement to Acquire Las Vegas Dispensary
Wed 1:19pm
The company will pay $6.9 million to acquire all the assets to operate a 3,1569-square-foot retail facility from Exhale.

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Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California
Wed 12:32pm
The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

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MMJ BioPharma Suing DEA Over Cannabis Reform, Medical Research
Wed 8:44am
The biopharmaceutical company filed a lawsuit, citing ‘unjustified’ delays in processing an application for medical research.

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24 Adult-Use Dispensary Licenses Still Up for Grabs in Rhode Island via Lottery
Wed 7:24am
Regulators are finalizing rules for a licensing process nearly two years after existing medical cannabis operators expanded to recreational sales.

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Green Thumb Opening 20th Rise Dispensary in Florida
Wed 6:23am
The new retail location in Jacksonville will open Sept. 13, making the company’s 98th store nationwide.

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Conception Nurseries Publishes White Paper Detailing Methods for Using Tissue Culture to Prevent…
Wed 5:49am
The cultivation processes described in the report provide cost savings and yield increasing solutions to pervasive viruses and viroids.

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#Countdown4Clemency Campaign Calls on Biden to Keep Promise, Free 3,000 People Incarcerated for…
Tue 12:55pm
The Last Prisoner Project and cannabis advocates launched the campaign to urge Biden to use his clemency power before the end of his term.

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Al Harrington Will Launch Village Dispensary in His Home State of New Jersey
Tue 6:03am
Village Brands, a multi-state cannabis operator founded by Viola Brands founders Al Harrington and Dan Pettigrew, is officially opening its first East Coast location in Hoboken, New Jersey.

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Trump Signals Supports for Federal Cannabis Rescheduling, Banking Reform
Mon 7:47am
The GOP presidential candidate said he will focus on unlocking the ‘medical uses of marijuana to a Schedule 3 drug’ if elected in November.

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4th Circuit Court Rules THC-O Meets Legal Definition of Hemp, Deviating From DEA
Mon 5:41am
The federal court’s interpretation of the 2018 Farm Bill contradicts the Drug Enforcement Administration’s position that THC-O is illegal.

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California Governor Issues Proposed Regulations to Halt Intoxicating Hemp Products
Mon 4:56am
Gov. Gavin Newsom’s rules would require that consumable products containing hemp derivatives have no amounts of intoxicating cannabinoids.

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USC Athletics, Cookies Announce Trailblazing CBD Partnership for College Football, Basketball…
Sep 6, 2024, 9:33 am
Cookies will be a CBD brand sponsor for three Trojans athletic teams for the 2024-2025 sports season.

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Trulieve Set to Open Medical Cannabis Dispensary in Clearwater
Sep 6, 2024, 7:32 am
The new retail facility in Pinellas County will host a grand opening Sept. 13, marking the company’s 149 location in Florida.

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Kentucky’s Medical Cannabis Program Attracts 5K License Applicants
Sep 6, 2024, 6:41 am
The state’s forthcoming lotteries will award just 74 licenses, including 16 to cultivators, 48 to dispensaries and 10 processors.

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AYR Wellness Awarded Virginia’s HSA I Vertical Cannabis License
Sep 5, 2024, 11:51 am
The publicly traded multistate cannabis operator will have exclusive medical cannabis licensing rights to the state’s Health Service Area in Northern Virginia.

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Navigating the Green Line: How to Balance Selling and Profitability in Cannabis Retail
Sep 5, 2024, 11:15 am
Effective retail management should be guided by sales quantity as well as sales quality, which puts a lens on profit margins and customer care and loyalty.

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DCC’s ‘Inadequate Oversight’ of $100M Undermined California Licensing Program for Cannabis Growers
Sep 5, 2024, 5:36 am
California State Auditor Grant Parks determined the Department of Cannabis Control ‘weakened’ the Local Jurisdiction Assistance Grant Program.

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High Tide to Open Canna Cabana Store in Lucan, Ontario
Sep 5, 2024, 5:30 am
This opening marks the company’s 183rd Canna Cabana branded retail cannabis location in Canada and the 69th location in Ontario.

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