Your daily dose of news & information.

Smacked Dispensary Reopening After Million-Dollar Renovation

July 29, 2023 · Green Market Report

New York social justice cannabis applicant Roland Connor opened his Manhattan dispensary in the Village to great fanfare at the beginning of the year. However, it was only a temporary store.

Nine weeks ago, the dispensary shut down for a total renovation that cost $1.4 million and was constructed by Temeka. Smacked is expected to officially reopen in two weeks.

Among the developments for the newly renovated store is the consumption lounge that is planned to take up residence in the building’s basement. (Full Story)

These are Michigan's largest marijuana dispensaries by retail location

Michigan’s marijuana industry is among the most competitive industry in the state. With basement-low wholesale prices, the industry is becoming increasingly more vertically-integrated. The most profitable way to do business in weed is for growers to be sellers, realizing margins…

Georgia’s 2nd medical cannabis retailer launches sales

The second of two licensed medical cannabis dispensary operators in Georgia opened its doors this week. Botanical Sciences began sales Wednesday in the town of Pooler, just outside Savannah, according to the Capitol Beat News Service. The opening comes roughly three months…

Michigan Gov. Whitmer Makes Marijuana Top Cop's Role Permanent

Hanna served more than two months as the agency's acting executive director. This story was reprinted with permission from Crain’s Detroit Business news and written by Dustin Walsh. Gov. Gretchen Whitmer announced Friday that Brian Hanna will continue as the permanent head of…

Green Thumb CEO Ben Kovler explains why his marijuana MSO is in the black

When Ben Kovler can’t sleep, it’s a sign that something’s wrong. In 2015, for example, after the Chicago-based marijuana multistate operator won three of the 20 medical cannabis cultivation licenses up for grabs in Illinois, the founder and CEO of…

Washington Governor Signs Interstate Marijuana Commerce Bill Into Law

The governor of Washington State has signed a bill to allow interstate marijuana commerce, pending a federal policy change. The legislation from Sen. Ann Rivers (R) cleared the legislature last month, and Gov. Jay Inslee (D) signed it into law on…

Canadian producers report 2,200 kilograms of lost or stolen cannabis since 2018

An increasing amount of cannabis grown by licensed Canadian producers has been lost or stolen over the past five years, new data shared with MJBizDaily shows. Separate data provided by Health Canada, the department responsible for federal health policy, also…