Cannabis Business Times · Page 29

Ohio Initiates Next Step to Kick-Start Adult-Use Cannabis Program
Jul 16, 2024, 10:23 am By NULL
The state’s Division of Cannabis Control is in the process of issuing certificates of operation to cultivators to supply adult-use cannabis.

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Wyld Launches Edibles Brand In New York
Jul 16, 2024, 7:04 am By NULL
Wyld, one of the top 5 cannabis brands in the U.S., has expanded its best-selling product offerings into New York. The edibles company now has a footprint in 14 U.S. markets and Canada.

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SNDL Initiates Overhead Restructuring, Operational Adjustments Impacting 106 Employees
Jul 16, 2024, 6:08 am By NULL
The project is expected to deliver more than $20 million in annualized cost savings driven primarily by the optimization of corporate overhead spending.

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30,000+ Comments Submitted on DEA’s Proposed Rescheduling Rule
Jul 16, 2024, 2:30 am By NULL
As the public comment period nears an end, comments are continuing to flood in.

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Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes
6:10am By NULL
The company secured funding with a 12.75% coupon and a five-year term; the net proceeds will refinance an existing term loan.

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New York on Pace to Sell $520M of Cannabis in 2024; Could Crack $700M
5:35am By NULL
The state’s recent sales boom features weekly store openings and increased enforcements efforts, marking a U-turn from a dismal 2023.

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Minnesota to Open Social Equity Cannabis Business License Preapproval Window on July 24
Jul 12, 2024, 12:19 pm By NULL
The Minnesota Office of Cannabis Management (OCM) will open the cannabis business license preapproval window on July 24 for applicants who have been verified that they meet social equity eligibility requirements. This is the next step applicants need to take…

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25 GOP Lawmakers Condemn Cannabis Rescheduling in New Letter
Jul 12, 2024, 4:49 am By NULL
Sen. James Lankford and Rep. Pete Sessions spearheaded the letter sent to Attorney General Merrick Garland, saying rescheduling lacks “adequate science.”

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Trulieve Opening Affiliated Medical Cannabis Dispensary in Pennsylvania
Jul 11, 2024, 9:30 am By NULL
The new retail facility in Wilkes-Barr expands patient access in the Keystone State with a ribbon cutting and pop-up event.

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Theory Wellness Celebrates the Grand Opening of Its Recreational Dispensary in Trenton, New Jersey
Jul 11, 2024, 7:42 am By NULL
Theory Wellness, an independently owned and operated, vertically integrated cannabis company that serves patients and consumers in Massachusetts, Maine, Vermont, Ohio, and New Jersey, is celebrating its Trenton, N.J., dispensary opening for adult-use cannabis…

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Nebraska Group Delivers 114,000 Signatures for Medical Cannabis Legalization Measures
Jul 11, 2024, 6:17 am By NULL
Nebraskans for Medical Marijuana turned in two petitions to the Secretary of State to put medical cannabis reform on the November ballot.

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CRISPR Gene Editing Could Revolutionize Cannabis Breeding and Crop Production
Jul 11, 2024, 2:30 am By NULL
A provisional patent application is the latest to apply the novel CRISPR technology to cannabis. The CRISPR-Cas9 technology, used for the treatment of sickle-cell anemia and reducing the bitterness in mustard leaves, has the potential to revolutionize cannabis…

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Canadian Genetics Leader PURPLEFARM Partners With Neatleaf to Use AI Tech in Major Cannabis Cultivation Facility
Jul 10, 2024, 11:33 am By NULL
PURPLEFARM’s yields have soared by 20% with the Spyder system.

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Introducing Budtender Superintelligence: by Jointly
Jul 10, 2024, 10:37 am By NULL
Elevating Cannabis Retail: AI-Powered Assistance for Budtenders

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US House Republicans Nix States’ Rights Cannabis Amendment, Focus on Blocking Rescheduling
Jul 10, 2024, 10:17 am By NULL
The House Appropriations Committee advanced a bill that aims to prevent the DOJ from using funds to reclassify cannabis while allowing it to interfere with state cannabis laws.

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Green Thumb Opening 2 More RISE Dispensaries in Florida
Jul 10, 2024, 4:31 am By NULL
The medical cannabis retail facilities in Tallahassee expand the company’s footprint to 19 stores in the Sunshine State and 96 locations nationwide.

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California State Fair Names Winners of 3rd Annual Cannabis Competition
Jul 9, 2024, 1:00 pm By NULL
The competition spotlights the best of California cannabis with gold medalists now going head-to-head for the prestigious Golden Bear trophies.

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Safe Harbor Financial Exits $3.1 Million Loan in Default, Collecting 100% of Principal, Plus Over $200,000 in Accrued Interest
Jul 9, 2024, 12:17 pm By NULL
The company will reallocate the $3.3 million to its lending and credit line capacity.

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US Government Selling Reference Material to Hemp, Cannabis Testing Labs to Ensure Accuracy
Jul 9, 2024, 9:29 am By NULL
The National Institute of Standards and Technology is charging $783 for three 1.5-gram hemp samples to help labs calibrate their methods for accurate labeling.

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North Dakota Group Submits Signatures to Place Adult-Use Legalization Initiative on November Ballot
Jul 9, 2024, 8:22 am By NULL
New Economic Frontier gathered enough signatures to qualify its adult-use proposal for the upcoming election, pending verification by the state.

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