New York’s cannabis regulatory agency on Monday announced that it has reached a settlement in two lawsuits that have been blocking the opening of retail weed dispensaries for months. The settlement sets the stage for more than 400 Conditional Adult-Use Retail Dispensary (CAURD) licensees to finally open their businesses after months of waiting for the lawsuit to be resolved. The lawsuits against New York’s Cannabis Control Board (CCB) are challenging the agency’s process for awarding licenses for the state’s first… Read more.
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Budtenders at Strawberry Fields in Columbus, Ohio last week voted to join Teamsters Local 413, becoming the first in the state to join the union. In a statement Tony Jones, Teamsters International vice president at large and president of Local 413, said “This is the first of many proprietors” the union will be organizing in the state, “especially now that recreational cannabis is legal.” Estlin Hiller, a budtender at Strawberry Fields, called the vote “a huge moment for the Teamsters, Ohio, the labor movement, the… Read more.
Alcohol sales are off-limits in Connecticut on Thanksgiving—but marijuana sales are just fine—according to guidance issued on Wednesday by the state’s Department of Consumer Protection (DCP). Liquor stores will be closed, grocery stores can’t sell beer and even breweries and restaurants are prohibited from selling carry-out drinks. Marijuana retailers, however, can remain open. After apparent confusion over the two policies—with at least one local news outlet mistakenly reporting that sales of both alcohol and cannabis would be paused—DCP issued a clarification stating… Read more.
Dispensaries are doing their part to help others to feel the true spirit of thankfulness this Thanksgiving with a round of free turkeys. In recent years, Green Wednesday, which falls on the day before Thanksgiving, has become the cannabis industry’s second-highest grossing day of sales, and a big day for promotional giveaways. Like last year, many cannabis companies are joining the holiday spirit and running their own turkey drives with free turkeys for people in need. Thanksgiving is a holiday people… Read more.
In a highly anticipated development, the third round of licensing for D.C.'s expanded medical cannabis program officially commenced last week, as reported by LJ Dawson for The Outlaw Report. On the initial day of the application period, the Alcohol Beverage and Cannabis Board received a total of 20 applications for retail licenses and one application for an internet retailer license. This licensing round seeks to tackle the persistent issue of unlicensed operators, including various "weed-gifting" shops that have operated throughout the city. These… Read more.
They say when Google enters your industry it is time to sell and move on, but has that time finally come for internet website giants like Weedmaps and Leafly? With Google Maps now listing dispensaries and reviews, and lowering both Weedmaps and Leafly's organic search traffic, the end may be near for these historic giants in the cannabis industry. The landscape of online cannabis advertising witnessed notable challenges in the third quarter of 2023 as industry leaders Weedmaps and Leafly grappled with financial… Read more.
A radiant symbol has recently emerged among the bright neon signs lining Bangkok's streets: the weed leaf. After legalizing medical cannabis in 2018, last year Thailand became the first country in Asia to decriminalize weed. Today, people over 20 who are not pregnant or breastfeeding can consume it without punishment, although smoking in public spaces can still land you a hefty fine. That’s led to a boom in cannabis shops across the country. And with a dispensary practically now on every… Read more.
The first round of adult-use cannabis licensing is open in Maryland. The first round of licenses is set aside for social equity applicants, defined by -state law as companies with “at least 65% ownership held by one or more individuals who have been verified as social equity applicants.” The state has already verified social equity applicants eligible under the law. Additionally, social equity applicants lived or went to public school in an area disproportionately impacted by the criminalization of cannabis or attended… Read more.
Maryland has officially opened the first round of applications for new adult-use marijuana dispensary, cultivation and processing licenses—reserved exclusively for social equity businesses. The Maryland Cannabis Administration (MCA) will ultimately be accepting a total of 179 marijuana licensees following the 30-day application period that started on Monday. That includes 75 dispensary, 16 grower and 32 processor licenses. This will more than double the number of retailers in the state, where currently only existing medical marijuana dispensaries that converted to dual licenses… Read more.
By the time Greta Brandt entered the regulated cannabis industry, she already had an established career in law and politics. The skills she brought from those sectors – synthesizing complex regulations, negotiating deals and understanding contracts – proved priceless in the regulated marijuana space, where rapidly changing rules are more the norm than the exception. Today, Brandt leads 300 employees as president of The Flower Shop and True North Organics, vertically integrated cannabis companies with operations in Arizona’s recreational marijuana… Read more.
Nana is the latest neighbourhood to get a fresh dose of cannabis as Siam Green Cannabis Co. continues to expand across Bangkok, following the successful launch of their first branch in Phrom Phong last May. Officially opened on August 24, Siam Green Cannabis Co.’s new Nana branch is located on the main road of Sukhumvit between Soi 10 and 12. It’s more than just a cannabis dispensary, though — it’s a unique experience waiting to be explored. Siam Green Cannabis Co. offers a consistent… Read more.
Florida medical cannabis companies have to pay over 22 times the amount to renew their licenses this year—over $1 million dollars—but one company is challenging the unrealistic price hike before it topples the state’s medical cannabis system as we know it. Sanctuary Cannabis, a medical cannabis company that’s due for a license renewal in January, is arguing that their new $1.33 million price tag for a license is unjustified. The company filed a petition Oct. 26 against the license renewal… Read more.
Curt Dalton of Cannabis.net once asked, are you buying or selling the European cannabis hype? While the EU may grow to be the biggest legal cannabis market in the word, with that growth will come the biggest illicit or black market in the world as well. As metioned in the article, "With a Gun to My Head, Here is the One Cannabis Investment I Would Make Right Now", is South America a much better choice in the long run for investors due… Read more.
Country cannabis outlaw and icon Willie Nelson entered the Michigan cannabis market, debuting his cannabis brand in the state last week. Michigan is the eighth state so far to sell flower from the singer-songwriter’s exclusive cannabis brand, Willie’s Reserve, which will be available at all Puff locations and several other dispensaries across the state. Nelson has earned his name in the cannabis world after decades of support. Now at 90 years old, Nelson has attributed cannabis—a secret to a long life—as a… Read more.
The Canadian cannabis industry is on pace to see a record number of federal licenses revoked this fiscal year, largely at the request of the companies themselves, according to new data from Health Canada. The federal agency revoked 42 licenses during the first six months of the current fiscal year – April through September – putting the industry on pace to surpass the 74 that were revoked in the 2022-23 fiscal year. In 2021-22, 50 licenses were revoked, more than… Read more.
The Palm Springs City Council voted last week to put a temporary moratorium on issuing new cannabis licenses while civic leaders consider steps to rein in the growth of the regulated weed industry. The council voted 4-0 to issue the 45-day moratorium, with Councilmember Christy Holstege recusing herself from the vote because her husband has business ties to the cannabis industry. Palm Springs, a city in the southern California desert with nearly 46,000 residents, has issued 33 licenses for cannabis… Read more.
Switzerland will allow Europe’s first non-medical cannabis dispensaries to open and operate as part of a study to examine how controlled access to legal cannabis may affect health and consumption patterns of regular cannabis consumers. An announcement was made Friday about “Grashaus Projects” by German CBD and cannabinoid research company Sanity Group which said that in tandem with the Swiss Institute for Addiction and Health Research, their initiative to dispense legal cannabis to a small area in Switzerland called Basel-Landschaft had been… Read more.
In the highly competitive cannabis retail sector, the design and aesthetic of dispensaries play a pivotal role in attracting and retaining customers. Gone are the days of dark, dingy rooms with limited product offerings and dimly lit receptions. Modern dispensaries are sleek and more in line with Apple stores, offering top-tier products while delivering a shopping experience. Successful retailers recognize that cohesiveness in flow and functionality is foundational to success, which translates to happy—and repeat—customers. Toronto-based retail design company Visual Elements saw… Read more.
After months of controversy and legal disputes, the first legal cannabis dispensary in Harlem opened its doors to customers on Wednesday. Gotham Buds celebrated its grand opening on West 125th Street in Manhattan –– just across the street from the historic Apollo Theater. According to CBS New York, the store is the “the 26th conditional adult-use retail dispensary to open in New York State,” as well as the first state-licensed dispensary to open in the iconic neighborhood with a rich history of… Read more.
Colorado marijuana regulators announced this week that out of 285 underage sales checks conducted at state-licensed cannabis stores this year, there have been only four failures—a compliance rate of about 99 percent. “While any failure is unacceptable,” the Colorado Department of Revenue’s Marijuana Enforcement Division (MED) said in the latest issue of its quarterly In the Weeds newsletter on Monday, “we’re pleased to report this very high compliance rate which is on par with the compliance percentage from 2022.” Records… Read more.
The Massachusetts cannabis industry has been grappling with considerable uncertainty regarding the legal and enforceable nature of the "Community Impact Fees" in the wake of the enactment of "An Act Relative to Equity in the Cannabis Industry" in November 2022. This uncertainty has raised significant concerns within the industry and has even prompted multiple legal disputes between operators and their host communities. One of the most recent lawsuits in this regard has been initiated by Berkshire Roots, a Pittsfield-based cannabis company. On… Read more.
The second legal adult-use cannabis store in Queens, NY opens today. Terp Bros is located at 36-10 Ditmars Blvd. in the hip Astoria neighborhood. Terp Bros at 36-10 Ditmars Blvd. in the Astoria section of Queens, NY (CelebStoner photo) CelebStoner visited Terp Bros for their advanced VIP reception on October 16. Locals lined up to buy legal cannabis products throughout the day. A staff of 10 served the customers. Terp Bros has been waiting to open since August when an injunction stopped… Read more.
A dispensary in St. Louis County initiated a lawsuit against Missouri, asserting that imposing multiple sales taxes on recreational marijuana sales by municipalities and counties is unconstitutional. In Kansas City, two counties, Jackson and Cass, have been stacking sales taxes. This action was prompted by voter approval in April, which endorsed county and municipal taxes, each set at 3% for recreational marijuana sales. The plaintiff in this case is Robust Missouri Dispensary 3, and their dispensary is situated within the city of Florissant,… Read more.
A New York Judge recently issued a court order that allows just two cannabis retailers to open for business, while hundreds of others are put on hold. On Oct. 6, Judge Kevin Bryant permitted Manhattan-based ConBud LLC and Queens-based Kush Culture LLC (also known as Terp Bros) to be exempt from the current hold on cannabis business operations. Bryant initially issued the injunction in August, which prevents retail cannabis licensees from opening. Currently, more than 400 conditional adult-use retail dispensary licensees… Read more.
Executives often undertake business diversification as a hedge against their core business or the economy going sour. But in 2014, when Curio Wellness co-founder and Chief Brand Officer Wendy Bronfein and her partners conceived the idea for a Timonium, Maryland-based medical cannabis dispensary combined with a wellness store and a spa, the challenges facing MMJ entrepreneurs weren’t just economic but cultural. Diversification built in Bronfein and her partners built diversification into the business model not only to provide backup revenue… Read more.
Low-THC cannabis oil will soon be available in some Georgia pharmacies as officials hope to make access to the products easier for the state’s registered medical cannabis patients, the Associated Press reports. Georgia is the first state in the nation to allow medical cannabis to be sold at independent pharmacies. The Georgia Board of Pharmacy began accepting applications last week, and nearly 120 pharmacies have agreed to provide medication from Botanical Sciences, one of the state’s two licensed production companies, the report says.… Read more.
New York state Judge Kevin Bryant on Friday signed off on three new orders that will allow a trio of licensed cannabis retail shops to open in coming weeks, in addition to the two announced earlier that same day, according to court records. The three retailers that won permission from Bryant include: Air City Cannabis LLC, which is licensed for a retail shop in the Mohawk Valley Gotham Buds LLC, which is licensed for a retail shop in Manhattan North Country Roots… Read more.
Stroll down any of the placid, leafy avenues in Columbus, Ohio, and inevitably you’ll catch sight of an emblem of the state. Maybe it’s a flag on a porch, a bumper sticker, or an Ohio State University hat perched atop a smiling face. Residents’ immense pride in the Buckeye State is unwavering, undeniable, even unavoidable. Ohioans love Ohio things, so it’s fitting one of the most successful companies in the state’s fledgling cannabis industry is Buckeye Relief, a homegrown vertical… Read more.
As Arizona’s remaining social equity license holders scramble to open marijuana dispensaries before a looming October deadline, private investors and major cannabis corporations have continued to wrest control away from the individuals the program was designed to benefit. In at least four recent cases, AZCIR found, licensees wound up on the losing end of legal battles, ultimately cutting short their prospects of long-term profits in a budding industry. One social equity license holder signed an operating agreement that would put his business… Read more.
Times are a changin' as they say. Oklahoma, the Wild West, no pun intended, of cannabis, is starting to crackdown on its over-exposed legal cananbis program. While the population has inched up, Oklahoma approved over 2,600 medical marijuana licenses and is now trying to get recreational cannabis started in the state. With over 9,000 marijuana cultivation licenses issued as well, it was a well known secret that cannabis grown in Oklahoma was ending up in other states. Oklahoma's new vigorous regulatory efforts within the… Read more.
More than half of Arizona’s 26 social equity retail licensees are poised to miss a key deadline to open their cannabis shops by Sunday, Oct. 8. The group of operators – currently numbering 14 – could face penalties for failing to meet the state-mandated deadline. Those sanctions could include having their licenses revoked. But state regulators have indicated that they won’t go that far and will instead give the dozen or so social equity license holders more time to get… Read more.
General cannabis licensing in New York opens today amid an injunction on its Conditional Adult-Use Retail licensing program imposed by a judge in August. The 60-day window includes licensing applications for cultivators, processors, distributors, retailers, and micro licenses. The window opens two days before the state Supreme Court is set to make a decision on the current injunction. Justice Kevin Bryan in August imposed the injunction on cannabis licenses in New York after finding that the state had not followed its own rules with… Read more.
More than 150 Oklahoma medical marijuana dispensaries have received letters from state regulators notifying owners that they owe thousands of dollars in fines for transactions that do not comply with the state’s medical cannabis regulations. Some providers could also lose their licenses for selling too much medical marijuana in a single transaction, according to a spokesperson for the Oklahoma Medical Marijuana Authority (OMMA). The letters, one of which has been shared with High Times, notify owners that the potentially illegal transactions… Read more.
Nearly 40 New Jersey cannabis dispensaries will share $12 million in state joint venture grants from the state Economic Development Authority, PIX 11 reports. The grants are geared toward diverse representatives of communities most affected by the war on drugs. In an interview with PIX 11, Francesca DeRogatis, co-founder and COO of Nightjar which will receive a $250,000 grant, described the program as “really life changing.” Jill Cohen, founding owner of Elevated by The Cannaboss Lady Dispensary, said the funds will help… Read more.
New York regulators on Wednesday will launch an application window for several types of marijuana business licenses, with a priority on social and economic equity (SEE) applicants. SEE applicants include those “from communities disproportionately impacted by the enforcement of past prohibition, minority- and women-owned businesses, distressed farmers, and service-disabled veterans,” according to the state’s Office of Cannabis Management (OCM). The OCM plans to issue as many as 1,500 licenses for cultivation, retail, processing and microbusinesses. The vast majority – between 500 and 1,000 –… Read more.
Missouri has awarded 48 cannabis microbusiness licenses to “marginalized or under-represented individuals.” Each of the state’s eight congressional districts were given two retail licenses and four wholesale facility licenses, according to a news release. The Division of Cannabis Regulation selected the winners through a lottery involving 1,600-plus applicants. Applicants denied licenses can request that their applications be reviewed or receive a full refund of their application fees. Another 48 licenses will be issued through another lottery in 2024 and 2025, the Missouri Department of Health… Read more.
In recent years, the rise of online cannabis dispensaries, particularly in states where cannabis is legal for medical and recreational use, has been remarkable. The New York Times looked at how this surge in online dispensaries has revolutionized the cannabis industry, providing numerous benefits. Nevertheless, the expanding legalization of cannabis in the United States has widened the marijuana market, raising concerns about potential accessibility to minors. Benefits of Online Cannabis Shops First and foremost, online dispensaries provide customers with the convenience of shopping from… Read more.
Oklahoma is apparently continuing its crackdown on the industry, with marijuana authorities issuing fines to 161 dispensaries – ranging from the thousands to tens of thousands of dollars – for allegedly violating limits on patient purchases. Regulators also are seeking to revoke the permits of 39 of the shops. “Our agency recently filed petitions against 161 licensed dispensaries for sales over the legal limit. Of those 161 cases, 39 seek fines and revocation of licenses; 122 seek fines,” the Oklahoma Medical Marijuana Authority said… Read more.
Ukrainian immigrants looking for a better future are turning to opportunities in medical cannabis in multiple states. The Herald-Dispatch reports that a pair of Ukrainian immigrants are owners of a new dispensary opening up in Huntington, West Virginia. While one of the operators emigrated to the U.S. decades ago, they are proudly supporting their home country as it battles Russian forces. Over 271,000 Ukrainian refugees have been admitted to the U.S. since Russia invaded Ukraine over a year ago, according to the Department of… Read more.
Union Square Travel Agency stands out among the first wave of equity and nonprofit retail licensees in New York. The third Manhattan adult-use cannabis dispensary opened at 62 E. 12 St. in February and now has expanded into larger digs around the corner at 835 Broadway. A line extended around that corner on Tuesday night drawn by the new location, and a chance to shop and see actress and comedian Amy Sedaris who hung out behind the counter for a lengthy meet… Read more.
Trips to the Bahamas. Rolex watches. Expensive cars. Exclusive concert tickets. Or literally just bags of cash. Those are all ways used by independent marijuana brands in Arizona to buy their way onto dispensary shelves, according to several industry insiders, responding to the news that multistate operator Trulieve Cannabis Corp. – which runs 21 dispensaries in the state – filed a lawsuit against former employees alleging a “commercial bribery” scheme. “Those are all the same concepts. It’s all just paying for shelf… Read more.
Cannabis dispensaries in McHenry County, Illinois are now required to display signs with a warning that “cannabis use may contribute to mental health problems” under “first-in-the-country” rules imposed by McHenry County State Attorney Patrick Kenneally, Axios reports. Businesses that don’t comply could face consumer fraud lawsuits from Kenneally. Kenneally defended the new order in a Chicago Tribune op-ed in which he suggests a “growing body of research” that “cannabis can … initiate and worsen depression, bipolar disorder, anxiety and suicidal ideation, especially in young people.”… Read more.
While the New York Office of Cannabis Management and the Cannabis Control Board are the direct targets of numerous lawsuits, licensees feel as if they are collateral damage. Retail operators that received licenses in the first round and managed to open fairly quickly are untouched. But the groups and individuals who got licenses later are now in cannabis purgatory. These unlucky licensees are stuck on the sidelines anxiously waiting on the courts to decide if they will get a pass… Read more.
Nearly five years after legalizing recreational marijuana at the federal level, Canada is approaching 4,000 regulated cannabis stores spread unevenly across the enormous country, according to data compiled by MJBizDaily. The latest quarterly store tally comes as Canada’s cannabis retail sector continues to transform. Some private-sector retailers are failing, such as major retail chain Fire & Flower, which entered creditor protection in June after years of operating at a loss. Other retail operators, meanwhile, are acquiring: Fika Cannabis successfully bid 36 million Canadian dollars ($26.7 million) for… Read more.
During the second meeting of a New Hampshire commission tasked with preparing legislation to legalize marijuana through a novel system of state-run stores, members on Monday considered an alternative proposal that would instead establish a franchise model for cannabis sales. “The model that we are looking to put into place, that we feel would be feasible, is that the Liquor Commission would be the franchisor and the franchisee would be the retailer,” Joseph Mollica, chairman of the New Hampshire Liquor Commission,… Read more.
Some brands just seem to have an innate sense for how to make it to the top. They’re able to attract the old guard with a classic panache while at the same time appealing to hipsters who seek a bougie vibe. Canadian dispensary chain Burb passes the test, blending trendy retail with onsite spaces where artists can create and collaborate and industry members can network and build brands. From consumption lounges and live-music nights to a bud bar and a new location that… Read more.
New Jersey marijuana regulators are accepting public comments on a proposal that would create a new permit to allow “clinically focused” dispensaries to enter into partnerships with research institutions to carry out cannabis studies using products that they grow or sell to patients. The New Jersey Cannabis Regulatory Commission (CRC) said it is seeking to amend the state’s marijuana law to create “clinical registrant permits” that would allow more targeted research into “the therapeutic or palliative efficacy of medical cannabis,”… Read more.
New York marijuana regulators have spent nearly the past month trying to convince a state judge to allow a handful of conditional adult use retail dispensary (CAURD) licensees to open for business, but as of Friday, nothing the state tried had yet worked, which leaves the Empire State with just 23 operational legal cannabis shops for the foreseeable future. When Judge Kevin Bryant handed down a preliminary injunction last month that froze all retail permitting, he also tried to be flexible with… Read more.
Profitable enterprises take time to build – but it continues to run thin in one of the industry’s most promising cannabis markets. That sentiment underscored many of the conversations that took place at Green Market Report’s first New York Summit on Sept. 13 in the heart of the Big Apple. Operators and investors large and small traded advice and stories of power, money, and property within the context of a market brimming with opportunity, but one that is also showing signs of… Read more.
Workers at three Rise dispensaries in Illinois have ratified their first collective bargaining agreement. Rise is a subsidiary of multi-state operator Green Thumb Industries (GTI), and the contract covers workers at two locations in Joliet and one in Niles. The agreement marks the end of what the Teamsters Local 777 described as a “protracted fight” with GTI that included a 13-day work stoppage that ended in May. Jim Glimco, Local 777 president, said the “fight should be a lesson to cannabis companies… Read more.
Access to recreational cannabis stores across the United States and Canada differs greatly by state and province after taking population into account. Different state-by-state regulations have created some markets that offer far fewer retail choices for consumers. Consider two states with approximately the same populations: Rhode Island and Montana. Both states have about 1.1 million people. Rhode Island, however, has only one adult-use retail cannabis store per 100,000 residents, based on March data. By contrast, cannabis consumers in Montana have… Read more.
A New York judge on Friday partly lifted the injunction imposed against state regulators issuing new cannabis licenses, WTEN reports. The ruling by Supreme Court Justice Kevin Bryant affects just 30 licenses that were deemed by the Cannabis Control Board as “ready to be open.” The decision still leaves about 400 licenses in limbo. In a statement following Bryant’s decision, the New York Office of Cannabis Management (OCM) called the ruling “a disappointment” but that the agency is “committed to working with the Cannabis… Read more.
The court order blocking new entries into New York’s struggling adult-use cannabis market remained in force after a Friday hearing in Ulster County Supreme Court – despite a new appeal filed by the state attorney general to lift the stay. However, 30 applicants who filed for their permits in time might be able to open for business. Several hundred more would-be recreational marijuana entrepreneurs, including both small businesses and major multistate marijuana operators, must wait at least a few more… Read more.
A New York judge on Friday ruled that the state Office of Cannabis Management (OCM) cannot process or approve any pending Conditional Adult-Use Retail Dispensary (CAURD) licenses pending the outcome of a hearing this week, Spectrum News reports. The injunction was first imposed on August 7 and applies to all licenses new or pending on that date. The lawsuit, filed by service-disabled military veterans, argues that OCM created a licensing system that runs afoul of the state’s adult-use cannabis law and improperly limits initial licenses to… Read more.
Nearly five years after recreational cannabis legalization, legal weed shops are as common as corner stores in most major Canadian cities. In the biggest metropolis, Toronto, more than 400 cannabis retail licenses have been issued across the city’s six boroughs. In contrast, Canada’s second-biggest city – Montreal – is home to only 21 legal cannabis outlets within city limits, plus some stores in outlying suburbs. All are operated by Quebec’s government-owned recreational cannabis retail monopoly Société québécoise du cannabis (SQDC).… Read more.
The temporary restraining order that halted further cannabis retail licensing in New York was extended by at least two weeks by a state judge on Friday, in a case that has hundreds of conditional permitholders wondering what will come next for them. The ruling that paused licensing was initially handed down on Monday, after four service-disabled military veterans filed suit against the state Office of Cannabis Management and the Cannabis Control Board, alleging that regulators had wrongly skipped their demographic during the conditional adult… Read more.
Brandon Kanitz, CEO of Grand Rapids, Michigan-based marijuana company Fluresh LLC, moved to Traverse City, Michigan, in September 2020. The COVID-19 pandemic had closed schools, the family man needed help with child care and his wife’s family lived in the Grand Traverse region. But moving put Fluresh in violation of Grand Rapids’ medical marijuana social equity system, which requires 25% local ownership. The city’s licensure scoring system provided “bonus points” to companies that committed to local ownership, a diverse workforce… Read more.
Arizona marijuana stores are voluntarily recalling edibles products for the third time this summer – this time out of concern they might be contaminated with salmonella bacteria. The latest recall is for Phoenix-based Nirvana Center’s Cloud 9 gummies, a grape-flavored, cannabis-infused edible under the batch number C9G04102023, according to the Tucson Sentinel. After spotting the potential contamination on testing documentation, a licensing inspector for the Arizona Department of Health Services (ADHS) notified the facility that manufactured the products. The manufacturer then notified… Read more.
As one of the most profoundly accomplished female entrepreneurs in cannabis, Wanda James is simultaneously shattering the glass and grass ceilings. The founder and CEO of the Denver-based dispensary, Simply Pure, is blazing a trail for not only women of color, but for women in general. James is the first legally licensed African American dispensary owner in the US. She attributes that to her strong work ethic; a willingness to trust her intuition; a readiness to pivot when necessary; and the influence… Read more.
Colorado online marijuana sales are officially allowed as of Monday, giving consumers a new method of ordering cannabis more than a decade after the state enacted legalization. This comes two months after Gov. Jared Polis (D) signed the online sales legislation from Reps. William Lindstedt (D), Said Sharbini (D) and Robert Rodriguez (D) into law. The measure strikes language from state statute that explicitly prohibited cannabis from being sold on the internet, while adding regulations to provide for online commerce. Adults 21… Read more.
Minnesota’s new adult-use cannabis law took effect on August 1. Those 21 and older can now hold up to two ounces of cannabis in public, consume it in any private place and possess two pounds or cultivate up to eight plants (four mature) at home. House File 100, signed into law by Gov. Tim Walz (D) on May 30, makes Minnesota the 23rd US state to legalize cannabis. It also mandates a framework for a regulated retail market, building on that… Read more.
Lines stretched around the block Tuesday for the opening of the first recreational cannabis dispensary in Minnesota. NativeCare on the Red Lake Nation is selling its pot to the public now that cannabis use and possession are legal in the state as of Aug. 1. People came from across the state to take part in the opening and buy weed. Minnesota has not licensed any businesses yet to sell recreational cannabis in the state, but tribal governments don't have to wait for… Read more.
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 on both sides of the business. Some consolidation has occurred and more is likely. The large players remain large, such as Lume. But others are growing their presence in retail, like Common Citizen, which acquired Liv Cannabis last year and… Read more.
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… Read more.
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 after the state’s only other licensed MMJ operator, Trulieve Georgia, opened for business in Macon, about 85 miles southeast of Atlanta. That company, a subsidiary of Florida-based multistate operator Trulieve Cannabis Corp., has since launched sales in Pooler, Marietta and Newnan. The… Read more.
Low-frequency archetypes could be seen as a transitional phase for newcomers or those returning to cannabis use. People who use cannabis only occasionally aren’t usually looking to acquire itself from dispensaries, according to a report from New Frontier Data. The three part study, Cannabis Consumers in America 2023: Exploring the Archetypes, examined the habits and preferences of low-frequency cannabis consumers, which can be divided into three distinct categories. Social Nibblers Holistic Healers Infrequent Partakers Each category has its own unique consumption habits and… Read more.
The marijuana industry got what it asked for — and operators are unhappy. After years of little to no enforcement under former Michigan Cannabis Regulatory Agency Executive Director Andrew Brisbo, operators demanded a change. They wanted regulators to root out the illicit market marijuana entering the legal space and cratering prices and to also punish those involved in the schemes. Brisbow was reassigned and Gov. Gretchen Whitmer installed Brian Hanna in the role last September. Hanna, a former CRA enforcement agent, and… Read more.
Detroit regulators will open an application window starting Aug. 1 for the second round of cannabis retail licenses in Michigan’s largest city. The city plans to issue 30 retail licenses, 10 microbusiness licenses and 10 consumption lounge licenses, the Detroit Free Press reported. Licenses will be awarded six to eight weeks after the deadline, the city said in a news release. Half the licenses will be earmarked for social equity applicants, or those who reside in a disproportionately impacted community, or for operators… Read more.
Nevada cannabis operators and other stakeholders lobbied for structural changes to the state’s adult-use and medical marijuana programs, and the legislature answered by approving several industry-friendly bills during its most recent session. The industry-backed changes signed into law last month by Gov. Joe Lombardo included eliminating and capping various fees, reassessing penalties for operating violations and creating a dual license for retailers serving both medical patients and recreational consumers. The policy overhauls, which garnered bipartisan support in Nevada’s Democrat-controlled Legislature,… Read more.
The past fifteen years have seen a major shakeup in brick-and-mortar retail. Changes in consumer spending, the emergence of ecommerce, and a shift toward the experience economy ushered in what was famously (and perhaps overly dramatically) dubbed the “retail apocalypse.” The mall, once an American institution on a par with church in its role as a community nexus, has endured a sharp decline, with Business Insider reporting just 700 malls remain in the United States—down from 2,500 in the 1980s. With… Read more.
The state cannabis control division announced on Thursday that a marijuana retailer in Albuquerque, New Mexico, had its license revoked. The reason behind this action was the retailer's violation of state law by selling out-of-state cannabis. According to regulators, the Paradise Exotics Distro cannabis store, located on a central shopping thoroughfare, was allegedly selling cannabis products that were imported from California and labelled with a California stamp of origin. At the time of the announcement, business representatives were unavailable for… Read more.
Even though markets are expanding, the crowded retail landscape in many regions can make acquiring new customers difficult and expensive. Implementing a robust loyalty program may help merchants boost basket sizes, increase the frequency of customer visits, and offer targeted marketing opportunities that yield better outcomes. Loyalty programs are popular with both consumers and businesses. Data indicate the average program member spends 35 percent more per purchase and buys a significantly more diverse product range than non-members. However, data also show almost 40 percent… Read more.
New York marijuana regulators have approved a resolution to authorize cannabis farmers markets where growers could sell their supplies while helping to meet consumer demand as the state works to open additional retail dispensaries. The state Cannabis Control Board (CCB) passed the measure on Wednesday, along with separate resolutions focused on nearly doubling the number of approved conditional retailer licenses, enacting regulations for marijuana research, banning the sale of synthetic cannabinoids like delta-8 THC and other issues. The authorization of… Read more.
A top Maryland marijuana regulator says the state’s proactive approach to legalizing cannabis has allowed it to implement a system that effectively balances three key priorities: safety, access and equity. When the state’s legalization law took effect at the beginning of the month, nearly 100 existing medical marijuana dispensaries were already approved to start serving adult consumers. And a testament to the success of the rollout is the fact that Maryland retailers sold over $10 million worth of legal cannabis in the… Read more.
For cannabis retailers, it’s no secret: Customers like buying weed close to home, if they can. New research into Canada’s regulated cannabis market supports that intuition: Consumer proximity to government-regulated stores increases the odds that people will source product from the legal market. The paper – due to be published in the Journal of Studies on Alcohol and Drugs – explores the association between how far Canadian cannabis users live from regulated cannabis retail stores and how they choose to obtain… Read more.
An Albuquerque, New Mexico cannabis retailer last week had their license revoked for selling cannabis products from California. On July 13, the New Mexico Regulation and Licensing Department ordered Paradise Distro LLC to terminate sales immediately. It is the first time state regulators have revoked a cannabis business license in the state. In a statement, Regulation and Licensing Department Superintendent Linda Trujillo said the “revocation should serve as a warning to those selling or receiving out-of-state cannabis products.” According to the Licensing Department, Cannabis… Read more.
As the cannabis industry matures, regulatory restrictions are becoming less stringent, paving the way for dispensaries to operate more like traditional retailers and cannabis to become a normal part of everyday activities. This situation opens the door for dispensaries to co-brand with complementary business offerings like consumption lounges, hotels, and other adjacent entities. To adapt to changing market conditions, modern cannabis retailers are looking to other verticals for inspiration. One such vertical is hospitality, which has spent decades creating identifiable brands, curating positive customer experiences,… Read more.
Across 15 theoretically legal markets in the state, only 18 of the possible 129 stores have opened. The California marijuana business landscape remains one of the toughest in the nation, and over the past three years one of the areas in which industry advocates had placed much of their hopes – repealing city-level bans on cannabis commerce – has made barely any gains, despite a flurry of victorious pro-marijuana ballot measures and ordinances. At least 50 California cities moved to… Read more.
The new and continuing science of plant-derived substances like cannabis, hemp and kratom is providing a market of products that goes beyond traditional dispensary options. What if there was a one-stop resource to learn and shop quality, plant-based products that meet your unique health and wellness needs? Enter CBD Kratom, the largest privately-owned CBD and kratom retailer in the US. With over 60 retail locations and an online dispensary shop, CBD Kratom is committed to helping customers lead healthy and fulfilling lives… Read more.
New Mexico authorities revoked the business permit of Albuquerque cannabis dispensary Paradise Distro for selling marijuana shipped in from California, in violation of both state and federal law. Paradise Distro was found to be selling cannabis products with California-made markings, displaying edibles and concentrates that weren’t present on shipping manifests, and inaccurately reporting almost $65,000 in sales, according to a press release from the New Mexico Regulation and Licensing Department. Following an evidentiary hearing on April 27 – which no one from… Read more.
A Native American tribal medical cannabis dispensary may become the first to launch in Minnesota’s recreational marijuana market, following a vote this week by the Red Lake Nation. According to Fox 9, tribal leaders voted to allow NativeCare Dispensary, which the tribe already operates on its reservation in north-central Minnesota, to begin selling to customers 21 and older on Aug. 1, which is when possession and consumption become legal for all residents. That’s months ahead of when non-tribal businesses will be… Read more.
New York Police Department officers and state tax agents raided several illicit dispensaries in Manhattan this week, following through on Governor Kathy Hochul’s promise to levy hefty fines and shut down unlicensed operators. The state’s latest crackdown focused on Empire Cannabis Club, a so-called concierge service with locations in Chelsea and the Lower East Side. Billing themselves as private clubs that provide dues-paying members with access to cannabis products, Empire’s five stores are among the most visible and flagrant licensure… Read more.
If past is prologue, then the 55 upcoming Illinois social equity license lottery winners on Thursday are going to have a rough time actually getting their shops open for business. As of January, only three of 192 social equity retailers that received Illinois licenses last year had opened for business, the state Department of Financial and Professional Regulation said in a press release. Only 113 adult-use shops were serving customers. As of Tuesday, the number of operational stores had increased only slightly to… Read more.
The city of Detroit will begin accepting applications for the second round of limited marijuana business licenses, which include dispensaries, microbusinesses and consumption lounges, on Aug. 1. A total of 30 marijuana retailer licenses are available in this round, along with 10 microbusiness licenses and 10 consumption lounge licenses. Half of all licenses are set aside for "equity applicants," including people who live in communities disproportionately impacted by marijuana prohibition and enforcement. Equity applicants also include those with certified Detroit Legacy status… Read more.
With nearly 100 companies in line to be approved by the state to open a cannabis retail store in the next few months, New Jersey will soon add to the already 34 dispensaries dotting the state. Adding to this burst of approvals, CRC Chairwoman Dianna Houenou recently said more varied products produced in the state and improved access for medical marijuana patients will also expand the market. Houneou will be among the featured speakers at NJ Cannabis Insider’s summer business networking event from 6-10… Read more.
Lynn C. Schulman, a councilman for New York City, filed a measure in April 2023 that would make it illegal for landlords to lease to business tenants who are engaged in the unauthorised sale of cannabis. On Thursday, June 22, the bill was sent to and passed by the entire Council after being authorised by the Committee on Public Safety. The bill will now be delivered to Mayor Eric Adams' desk, having been given 30 days to sign it into law or… Read more.
Green Thumb Industries' CEO expressed confidence in an interview that regulators in Florida will ultimately approve the company's groundbreaking deal to establish medical cannabis dispensaries alongside Circle K gas stations throughout the state. The partnership between the multistate operator and Circle K would allow medical marijuana patients to purchase snacks and fuel up at Circle K convenience stores while also having access to cannabis products at adjacent Rise dispensaries. Since its announcement in October, the agreement has garnered national attention and regulatory scrutiny. However,… Read more.
Considering how lengthy national cannabis prohibition and the subsequent societal brutality of the War On Drugs were, it’s quite daunting to consider that recreational cannabis has been legal in Colorado for nearly a decade. Since the 2012 bill Amendment 64 passed by an 11% margin, the Rocky Mountain State’s cannabis industry has grown to support the livelihoods of some 41,000 people at its highest point of job creation and sold $1.7 billion in total retail sales in 2022 and more… Read more.
New York has finally secured an investor to help fully fund the $200 million in startup capital promised to social-equity marijuana entrepreneurs to open “turnkey” dispensaries, Gov. Kathy Hochul has announced. Chicago Atlantic Admin, a publicly traded, Illinois-based investment firm that’s funded marijuana businesses across the country, has agreed to invest “up to $150 million” in the New York State Cannabis Social Equity Investment fund, Hochul said in a news release issued Friday. The state itself has agreed to pony up $50 million to… Read more.
If you find the idea of working with police who once busted marijuana entrepreneurs to be onerous, you’re not alone. But for business owners willing to build understanding and invest in security, the relationship that ensues can be mutually beneficial. Cannabis entrepreneurs will find that local police can help protect their operations and employees, while police find that familiarizing themselves with marijuana businesses makes their jobs easier and safer. For one thing, most police departments are willing to advise licensed… Read more.
Since last year, cannabis businesses in Frederick County have been hunkering down and preparing for a flood of people they expect will come through their doors on Saturday. July 1 marks the first day that cannabis will be legal recreationally for those 21 and older. Medical use is already legal in the state and roughly 163,000 people use it for medical purposes, according to The Associated Press. Maryland voters passed adult use in a referendum in October, expanding the marijuana… Read more.
Located in the heart of Los Angeles’ Arts District, the impossibly popular Coast to Coast Cannabis dispensary will open its doors at 542 Alameda Street, on July 1, as the newly relaunched Arts District Cannabis. The rebranded dispensary will officially reopen its doors hoping to bridge the gap between cannabis and art, using its platform to feature local, rising artists and creatives. The space was originally the Cirrus Gallery, which art dealer and publisher Jean Robert Milant opened in 1970.… Read more.
Cannabis real estate developer Jeffrey Yatooma could soon have dominance of Auburn Hills’ marijuana market. Yatooma’s impending dominance comes after a creative and successful ballot initiative that led to Auburn Hills voters approving weed businesses in the city in November 2022. But the path for the city has not been straightforward. A month before the vote, City Council effectively blocked marijuana licensing, and Yatooma, with an amendment to zoning rules. And now the council is flipping again. The city’s economic… Read more.
New York Gov. Kathy Hochul has taken decisive action against unlicensed cannabis shops, announcing the temporary closure of over two dozen businesses. While acknowledging the sluggish pace of licensed dispensary openings, Gov. Hochul reassured the public that there are currently 15 licensed shops operating, with two more expected to open by September, per CBS News. However, "I'm not satisfied with the pace," Hochul said. "It is frustrating for those who have been anticipating the opportunity to open businesses, and we had to… Read more.
After the markets closed on Friday, MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced the resignation of Ana Bowman as Chief Financial Officer, effective June 29, 2023. Bowman has served as CFO since 2022 and MedMen has begun a formal search for a new CFO. “We thank Ana for her leadership and guidance during MedMen’s restructuring. Ana was instrumental in helping us achieve positive adjusted EBITDA for the last two quarters,” said Ed Record, MedMen’s CEO. “We wish her all the best in her future endeavors.”… Read more.
Just like the old days when cannabis was illegal and Manhattanites got their weed from a guy in a van, Doobie launched a new delivery service that brings products from the licensed Union Square Travel Agency to customers within 60 minutes. Since there are few licensed operations in the city, many customers may not be near such a store. Doobie also plans to expand into other boroughs. (Full Story) https://youtu.be/9FBy7JHod-4 Read more.
The Maryland Cannabis Administration (MCA) has temporarily shut down a Cookies dispensary following several violations, including a video that “appeared to show large plumes of medical cannabis smoke being blown from a large gun apparatus into the mouths of persons outside the dispensary,” according to the suspension notice outlined. The action came less than a week after Cookies held the dispensary’s grand opening on May 27. Inspectors also cited Cookies for advertising online in a way that “targets or is attractive to minors,… Read more.
For the first time ever, dispensaries in the Finger Lakes are approved for CAURD licenses. Ryan Martin of MJ Dispensary in Henrietta says he’s elated all of his hard work has gotten him to this point. He’s only one of a handful in the Finger Lakes who were approved from recreational-use cannabis licenses today. MJ Dispensary is located in the Genesee Valley Regional Market Complex in the town of Henrietta. That’s where Ryan Martin, the owner and his family watched Thursday’s Cannabis… Read more.
The Cannabis Control Board is holding a public meeting Thursday morning to announce they are prioritizing the expansion of New York’s cannabis supply chain. In the public meeting on Thursday, the board announced that they have approved 251 Conditional Adult-use Retail Dispensary licenses. 49 are still left to be awarded at a future board meeting, including 11 more from the Finger Lakes region. On Thursday, seven licenses from the Finger Lakes were approved. The applicants that were approved include: MJ… Read more.
It’s a beautiful fall afternoon in San Francisco. The previous night’s rain left the air feeling clean and crisp as I bike up Folsom Street, passing 14th Street. I see a huge mural of Yolanda López, an activist in the Chicano civil rights movement, with the words “Basta Ya!” in big red letters. I have officially made it to the Mission District. The mural rests on Casa Adelante, the Mission’s only affordable and electric building, which took decades of activism… Read more.
Magic mushrooms have been used as a punchline in the past, but now a growing body of research suggests they may be a medicine of the future. While psilocybin mushrooms and other psychedelics are still illegal, some L.A.-area dispensaries are selling them openly and there is growing support to relax the laws. (Full Story) Read more.
Medical marijuana dispensaries in Arkansas will likely beat the sales they recorded in 2022, a state spokesperson said. After selling $23.9 million in MMJ products in April, licensed dispensaries in Arkansas have sold $94 million so far this year, according to a news release from the state Department of Finance and Administration (DFA). Licensed stores sold $94 million in products for the same time period last year. “On average, patients are spending $787,000 a day at the state’s 38 dispensaries,”… Read more.
Now that weed is legal in more than half the nation, millions of people have the luxury of stepping inside their friendly neighborhood cannabis dispensary to stock up on a wide array of concoctions from the mad science minds of marijuana. It’s a veritable candy store for the red-eyed aficionado, a lengthy departure from a time when procuring pot meant needing to know a guy who knows a guy who knows someone who buys from this dude down in Miami,… Read more.
Post-Prohibition, the alcoholic beverage industry had a head start of nearly 80 years before voters legalized the United States’ first regulated, adult-use marijuana markets in 2012. In the years since, cannabis companies have leaned into the similarities between alcohol and marijuana, with some manufacturers creating THC-infused beers, seltzers and wines. Jim Roberts, owner of The Bohemian Chemist in Philo, California, adopted a different angle when applying lessons from the alcohol industry to his small, vertically integrated cannabis business, which sits… Read more.
Multistate cannabis operator Trulieve Cannabis Corp. on Thursday announced plans to “wind down” its operations in Massachusetts. The company said the move is part of its broader plan to “preserve cash and improve financial performance.” Since mid-2022, Trulieve has also shut down some of its California assets, exited the Nevada wholesale market, and idled some of its production capacity “to match consumer demand across multiple markets.” The company said it would close its dispensaries in Framingham, Northampton, and Worcester by… Read more.
A top New York state cannabis official vowed to quickly bring the heat now that Albany has granted regulators the power to shut down hundreds of unlicensed smoke shops across New York City. “We are pivoting so that we can begin as soon as possible,” said Tremaine Wright, chair of the New York Cannabis Control Board. “It is coming.” Wright told Crain’s at an industry conference Thursday at the Javits Center that her agency would work with state tax agents, local police… Read more.
The company said it plans to open five more stores in Florida. Red White & Bloom Brands Inc. (OTC: RWBYF) posted its financial results for the first quarter ending March 31, 2023. The company posted revenues that ticked down over the year and opened newly re-branded stores in Florida, as it tries to stave off losses. The Toronto-based firm reported revenues of $27 million, down from last year’s $28 million, with a gross profit of $9.4 million. Operating expenses amounted to $10.9 million, and the… Read more.
Social equity advocates in Missouri are questioning the validity of numerous zip codes submitted by law enforcement that would qualify residents to apply for cannabis microbusiness licenses. Leaders of the local and state NAACP are criticizing the inclusion of several zip codes that encompass government buildings, post office boxes and affluent suburbs, while omitting several others primarily in north St. Louis, where roughly half the city’s Black population resides. The microbusiness licenses were designed to allow “marginalized or under-represented individuals… Read more.
Regulators in the Massachusetts marijuana industry made a decision this past Monday to abandon previous plans for a limited pilot program involving cannabis cafes and social consumption sites in twelve municipalities. One official said this move would help get the voter-approved market sector online "a little quicker." The Cannabis Control Commission changed course from earlier restrictions that would have limited the launch to a dozen cities and towns nine months after a new state law defined a procedure for cities and towns to… Read more.
New York cannabis cultivators may have a partial solution to something they say they've been dealing with for months; not having enough places to sell the pot they grew over the past year. The state Office of Cannabis Management's fledging market has only yielded 12 retail dispensaries statewide and the timeline for more to open their doors is uncertain. But during a Thursday town hall hosted by the Cannabis Association of New York, state representatives said selling at farmers' markets should… Read more.
New ground is about to be broken in New Jersey. NJBIZ reports that Tahir Johnson — the owner of Simply Pure Trenton — is set to become the first entrepreneur with a cannabis-related conviction to own and operate a legal-use dispensary in New Jersey. “We’re really proud to be opening and excited to show the community what we’re doing and show that we can compete at a high level,” Johnson said, according to the outlet. “I don’t want to just be the best Black-owned… Read more.
Ever Seen Pre-Milled Cannabis Flower At Your Local Dispensary?What It Is, And How You Can Use It When we think of buying cannabis at a dispensary, we imagine walking into an aromatic shop filled with many different types of beautiful cannabis buds on display in glass shelves and containers. There are also the countless types of devices and edibles we can use. However, you may have noticed a piles of rough, brown or green powdery material on display. This is actually… Read more.
Targeting the right people along the supply chain, as opposed to focusing on the end user, is an essential part of gaining market share in a highly-competitive retail environment. When it comes to cannabis producers and manufacturers, if you’re not thinking about selling to budtenders, then your sales strategy is missing a critical component. Industry data and market research company Brightfield Group recently conducted its second annual survey of hundreds of retail workers in Canada to determine “What Drives Budtenders.” The findings… Read more.
A newly proposed limit on the number of cannabis dispensaries that can open in Jersey City and its wards could be coming soon to the city’s burgeoning industry, along with changes to how applicants get prioritized for approval. The city council’s proposals, which will first be voted on Wednesday to be sent for planning board review, would cap the number of retail cannabis dispensaries citywide to 48 and the amount in each of the six wards at eight. (Full Story) Read more.
Saturday marked another first for the New Jersey cannabis industry – the grand opening of the Garden State's first standalone retail dispensary, Earth & Ivy, in New Brunswick. Earth & Ivy is not a medical treatment center and can’t fulfill state Medicinal Cannabis Program orders from doctors, but medical marijuana patients will receive a discount. Not only is the dispensary, located on George Street, the first of its kind, but it is also the youngest-owned dispensary in the country, with an average… Read more.
A push toward familiarity and comfort is in, while cannabis shops that resemble the Apple Store appear to be on the way out. Taking a page from contemporary retailers, groceries and restaurants, cannabis companies are overhauling their store interiors to simplify and accelerate transactions using tablet ordering stations, digital signage and menus, and designated queues for online orders. Some dispensary rebrands – including dozens of stores converging under the umbrella of Miami-based multistate operator Ayr Wellness – are intended to… Read more.
No updates were provided on the timing for sale close. Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) reported modest first-quarter growth, despite economic headwinds and the closure of several retail locations, according to the cannabis company’s financial results for the period ending March 31, 2023. The U.S.-based cultivator, manufacturer, and retailer of cannabis products said its top-line revenue grew 1% from the same quarter in 2022 to $124.5 million. The growth beat expectations by $1.3 million and was largely driven by strong performance… Read more.
While people may buy more stuff online, they still like to go out and shop if stores offer them a way to engage their curiosity, a sense of adventure, and a place to gather. That’s what’s helped some retailers compete with the likes of Amazon.com AMZN, -1.71% or discounters such as Walmart Inc. WMT, -0.03%. And that’s the thinking behind tech entrepreneur Joanne Wilson’s newly-opened, state-licensed cannabis store, Gotham, located on 3 East 3rd Street just off the corner of the Bowery in downtown New… Read more.
Long Islanders may soon be able to share a joint with a fellow sports fan at the bar – or toke over trivia. Dozens of cannabis lounges may debut on Long Island under rules proposed by state regulators Thursday. Plans for pot bars were included in guidelines written to cover nearly every aspect of the recreational marijuana market, from growers to distributors to industry event organizers. Thursday was state regulators' second pass at the regulations, which run more than 300 pages. The… Read more.
The deal enhances Schwazze's presence in northern Colorado. Denver-based Medicine Man Technologies Inc., which operates as Schwazze (OTCQX: SHWZ) (NEO: SHWZ), announced Thursday that it has finalized the acquisition of some assets from Cannabis Care Wellness Centers LLC and Green Medicals Wellness Center #5 LLC, commonly known as “Smokey’s.” The transaction, valued at $7.5 million and paid through a mix of cash and stock, includes two Smokey’s dispensaries located at 2515 7th Avenue in Garden City and 5740 S. College Avenue in… Read more.
Graham sees opportunity for both legacy operators and newcomers, but warns against opportunists. Social Impact: Kassia Graham, Cannaclusive Kassia Graham, a vocal advocate for diversity and equity in the cannabis industry, is using her platform to affect change. As the founder of Cannaclusive, Graham noted that the organization is “dedicated to helping to raise the profile of BIPOC in cannabis, whether they are consumers or people within the industry.” She was awarded the 2023 Green Market Report Women’s Leadership Award for… Read more.
After perhaps too long, recreational weed was finally made legal across New York State in March 2021. Since then, New York City has slowly rolled out four legal dispensaries—each operated by individuals or organizations selected for their charitable missions and goals to promote entrepreneurship opportunities for those unjustly affected by cannabis-related arrests or imprisonment. This week welcomes New York City’s fifth legal dispensary with the debut of Gotham located in Downtown Manhattan on the Bowery. Founded by entrepreneur Joanne Wilson, who’s behind companies like Food52… Read more.
Nearly a year after Thailand decriminalised cannabis amid promises of an economic bonanza, Thai growers and sellers say they are being undercut by illegal imports from the United States that sell for a fraction of the price of homegrown buds. Thailand struck cannabis from its list of banned narcotics in June 2022 after a high-profile campaign by Health Minister Anutin Charnvirakul to establish the kingdom as a global hub for cannabis for medical purposes. But Thailand’s parliament has yet to pass a… Read more.
You’ve seen cannabis dispensaries open in New York City over the past year, but you’ve never seen one quite like the one set to open in Manhattan’s East Village. Gotham is located on 3rd Street near the Bowery. The first things that catch your eyes on the shelves are not pipes and bongs. Instead, you will find everything from pillows, books, pottery, candles and even clothing. But make no mistake, you will find cannabis products there too. Joanne Wilson, the… Read more.
After breaching regulations and losing some employees, the owner of an Athol dispensary threatened his former staff in a video on Instagram. In response, state officials have taken action and suspended the dispensary's license. In the video, the owner made a menacing statement, warning that he would resort to violence if anyone dared to interfere with his business. Following a threatening video posted by owner Oluwaseun Adedeji on his Instagram account, Elev8, an Athol dispensary, had its license suspended by… Read more.
An annual cannabis judging competition hosted by a prominent weed culture magazine is returning to Southern California for another year of head-to-head competitions, and experts are sought to crown the state’s top cannabis suppliers. The 2023 Cannabis Cup, orchestrated and organized by High Times, invites Southern California residents to participate in the annual marijuana battle royale. High Times is inviting SoCal residents of legal age to join the Cannabis Cup as judges by purchasing a take-home judging kit and providing their… Read more.
New York’s budget bill includes $16 million in funds to combat unlicensed cannabis dispensaries, the Buffalo News reports. The legislation, which was signed by Gov. Kathy Hochul (D) this morning, increases fines for illegal operators from $500 to up to $7,500 for the first offense and increases the monetary penalties to up to three times the amount of tax that would have been collected on the sales. The bill also gives the state authority to mandate store closures, seek restraining orders, charge… Read more.
Even as more states have moved to legalize marijuana, rates of current and lifetime cannabis use among high school students have continued to drop, newly released federal data shows. The Centers for Disease Control and Prevention’s (CDC) Youth Risk Behavior Survey (YRBS), published last week, found that teen use of all monitored substances—including marijuana, alcohol and prescription drugs—has “decreased linearly” over the past decade. When it comes to cannabis, what’s especially notable is that the federal study shows high school… Read more.
In Georgia, patients on the medical cannabis registry who have been waiting for years may finally be able to receive their medicine legally. The Georgia Access to Medical Cannabis Commission recently issued five dispensing licenses to two companies, allowing them to sell low-THC oil to patients on the registry. Trulieve Georgia has submitted applications for three facilities in Pooler, Marietta, and Macon. Meanwhile, Botanical Sciences LLC has submitted applications for facilities in Pooler and Marietta. The companies will be given 120 days… Read more.
A 13-day strike at three Chicago-area Rise adult-use cannabis stores that began April 19 came to an end Tuesday after parent company Green Thumb Industries offered unionized retail workers a significant wage increase, union officials said. The nearly two-week work stoppage by retail workers, organized with the International Brotherhood of Teamsters Local 777, is believed to be the longest strike at a marijuana retailer in U.S. history. As incentive to return to work, Green Thumb offered striking workers wage increases of up… Read more.
The city of Monterey could move forward in the process to allow marijuana dispensaries to operate within city limits at a council meeting Tuesday evening. According to their agenda, the city council will be deciding if they'll approve a "Description for Cannabis Businesses." If approved, it would bring the city another step closer in the process of bringing at least three marijuana dispensaries to the city. If the council approves the "Description for Cannabis Businesses," the community development department can… Read more.
As people start to make their summer travel plans, there are a growing number of options for travelers to Michigan to consume marijuana on vacation, from cannabis music festivals to consumption lounges and cannabis-friendly lodging. While the number and variety of options available to travelers since marijuana became legal in 2018 are increasing, the cannabis travel industry is still in its early days. There are no Pure Michigan (the state of Michigan's tourism campaign) commercials advertising cannabis tourism in the… Read more.
Recreational marijuana has been legally available in the Show-Me State for almost three months and in Springfield dispensaries, sales remain steady. Operators say a driving factor in the consistently high demand has been an influx of out-of-state customers who cross the border to purchase Missouri marijuana. Flora Farms President Mark Hendren said "the numbers are pretty steady" for the first 90 days that recreational products have been on the market. Flora Farms operates four dispensaries in Springfield, Humansville, Ozark and… Read more.
A new symbol has appeared in the kaleidoscopic jumble of neon signs that light up Sukhumvit Road, Bangkok's most international street. The sudden ubiquity of the five-pointed marijuana leaf, in lurid green, announces the spectacular boom there has been in weed-related businesses in Thailand since cannabis was decriminalised last June. Walk two kilometres east of the BBC office in Bangkok, and you pass more than 40 dispensaries, selling potent marijuana flower buds and all the paraphernalia needed to smoke them. Travel… Read more.
The Georgia Access to Medical Cannabis Commission (GMCC) on Wednesday issued the state’s first five licenses to dispense low-THC medical cannabis in the state. The commission awarded the licenses to Botanical Sciences LLC and Trulieve GA Inc for dispensaries in Bibb, Chatham, and Cobb counties. Under the state’s medical cannabis law, products sold through dispensaries can contain up to 5% THC. Both Trulieve and Botanical hold Class 1 production licenses in the state. In a statement, Andrew Turnage, executive director of… Read more.
The group had already voiced concerns last year as regulators were teeing the rollout. The 125th Street Business District Management Association, a prominent Harlem business coalition, filed a lawsuit on Wednesday against New York’s cannabis regulators, contesting the state’s plan to establish a recreational marijuana dispensary on the main artery of the neighborhood. The legal action, filed in the State Supreme Court of Manhattan, asserts that the shop would intensify existing public health issues that the block already struggles with. The proposed… Read more.
Trulieve Cannabis Corp. plans to open the first medical marijuana dispensary in Georgia on Friday. The dispensary will hold a grand opening in Macon at 9:30 a.m. ET with a ribbon cutting, food trucks and merchandise giveaway, the Tallahassee, Florida-based multistate operator announced in a Thursday news release. Normal business hours will be 10 a.m.-7 p.m. seven days a week. The announcement about the Macon opening comes only a day after Georgia regulators issued the state’s first five MMJ dispensary licenses to Trulieve and… Read more.
Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay a combination of cash, a four-year seller note and company common stock. The deal, subject to approval by state regulators, is expected to close in the second quarter… Read more.
With continued market expansion, gaining traction as a dispensary isn’t getting any easier. For operators trying to succeed in major cities with legal adult-use markets for interested tourists, standing out requires an even more pointed effort. Cannabis has been legal for adults in Nevada since 2016. Couple that with a highly-developed, city-wide understanding of how to cater to the nearly 40 million annual tourists looking to have a good time, and you’ve got yourself a prime model for coming out on top… Read more.
Marijuana is still an illegal substance in Texas. But with neighboring states offering recreational weed, many Texans are crossing state lines to taste the high life. In total, 21 states across the U.S. have legalized recreational marijuana use — Colorado and New Mexico among them. There are 37 states that allow medical use. Texas also offers medical marijuana use, but it’s extremely limited and heavily regulated. For Texans, what may be legal in New Mexico and Colorado is contraband in the Lone… Read more.
Schwazze will now own 32 dispensaries between Everest Apothecary and R. Greenleaf. Denver-based Medicine Man Technologies Inc., which operates as Schwazze (OTCQX: SHWZ) (NEO: SHWZ), has signed definitive documents to acquire a batch of cannabis assets in New Mexico. The acquisition will allow Schwazze to manage Everest Apothecary, a non-profit corporation operating in the state. The proposed transaction includes 14 retail dispensaries, a cultivation facility, and a manufacturing plant. Upon completion of the acquisition, Schwazze will have a total of 32 dispensaries in New… Read more.
A “series of cascading failures” was responsible for Dutchie’s e-commerce platform outage that impacted marijuana retailers on 4/20, the company admitted. As a make-good, Dutchie CEO Tim Barash promised to pay out retailers that use the Oregon-based cannabis tech platform “an amount equivalent to our estimate of your lost profits” during the Thursday interruptions. After reporting “elevated error rates” on Tuesday and Wednesday, Dutchie’s e-commerce platforms went down for a part of Thursday, one of the busiest sales days of the year for… Read more.
Rapper and cannabis entrepreneur Berner, the CEO of Cookies, issued an Instagram video response on Wednesday to lawsuits filed against him and several other Cookies executives, employees, and associates. One such lawsuit, first covered by Alex Halperin for WeedWeek, was filed by Cookies investors BR Co. and NedCo in February; the suit claims that Berner and other defendants engaged in “pervasive self-dealing” leading to “millions of dollars in personal benefits and kickbacks,” among other allegations. In the Instagram video, Berner — legal name Gilbert Milam… Read more.
No raw plant materials or products for smoking or eating will be allowed. Alabama is set to launch its medical marijuana industry later this year, with up to 17 companies expected to receive licenses to grow and process cannabis for patients in the state. According to Alabama Media Group, the state’s Medical Cannabis Commission said it plans to issue licenses to companies to grow plants in enclosed facilities with 24/7 video monitoring and high security. It is anticipated that it… Read more.
It’s spring in San Diego, so 4/20 can’t be far behind, and it’s safe to say that stoners across the city are looking forward to enjoying a lit holiday. San Diego’s dispensaries are ready with flower, pre-rolls, wax and shatter, vapes, infused edibles from chewy gummies to crunchy corn chips, beverages, tinctures, balms, and more. Whether you like to wake and bake, are a weekend weed enthusiast, or are simply cannabis-curious, San Diego has a wide variety of dispensary options,… Read more.
On starting over and pivoting toward passion Holly is on a mission to change the representation of women, particularly over the age of 30, within the cannabis industry. Four years ago, she started Moodporium, a hemp dispensary in Pittsburgh that ships across the country. In 2022, Holly discovered that the cannabis merchandising sector didn't have apparel that spoke to her middle-aged, low-key self and cannabis lifestyle. She asked around, and others agreed. So, Cannamood Apparel was born. Now, Holly collaborates with female artists to create clothes… Read more.
Temescal Wellness is opting to close its door on one of the biggest sales day of the year. April 20 may be the biggest sales day of the year for the vast majority of cannabis retailers, but Temescal Wellness is placing its priorities on employee mental health rather than profits for this year’s marijuana holiday. In keeping with that spirit, the vertically integrated company has chosen to buck business trends and give all of its nearly 100 employees the day off… Read more.
Study of Dispensaries in 5 U.S. Cities Finds Dispensaries Strictly Enforce ID Verification Laws Given that the cannabis industry is relatively new, numerous individuals are well-acquainted with the rigorous compliance protocols associated with cannabis. To prevent underage customers from accessing products, cannabis vendors in the United States must adhere to various regulations established by state cannabis authorities, including verifying customer identification. According to a study published in the journal Addictive Behaviors, there is new insight into how dispensaries adhere to regulations.… Read more.
As our nation’s capital, it follows naturally that Washington, DC is an exemplar in democratic processes. And this has applied to the District’s stance on recreational marijuana. Back in January of 2014, a poll found that eight out of 10 local residents supported either legalizing or decriminalizing marijuana; by March of that year, the Council of the District of Columbia elected to decriminalize cannabis possession. And 18 months later, voters approved Initiative 71 to legalize the recreational use of cannabis, with nearly… Read more.
Trulieve Cannabis has settled a lawsuit with a Black former middle manager who accused the Florida-based medical marijuana multistate operator in a complaint filed last month of paying her and other Black employees less than whites. According to records filed April 13 in the 2nd Judicial Court in Tallahassee, where Trulieve is headquartered, the company reached a settlement with Brooke Bennett, who worked as a manager in the company’s 200-person St. Petersburg call center from August 2018 to 2022. Terms weren’t… Read more.
Ever since medical marijuana was legalized in Pennsylvania in 2016—and first became available in the state two years later—dispensaries have popped up all throughout the city. From local outposts of national chains to independent shops selling CBD products, there’s a little something for everyone, from flower to lotions. Even with 4/20 soon approaching, keep in mind that marijuana for recreational use is not legal in Pennsylvania—just medical marijuana. So in order to purchase items containing THC, you need a medical marijuana… Read more.
Here’s how you know the world has changed: there’s an adult-use cannabis dispensary on Nantucket. And not just one, but two, including The Green Lady Dispensary, which carries product actually grown on Nantucket and is the first women- and minority-owned cannabis company in Massachusetts. It’s safe to say that our city and state are now awash in adult-use dispensaries both great and small and corporate and indie, which means you no longer have to hoof it to Western Mass to get… Read more.
Every year on 4/20, cannabis retailers across the U.S. gear up to celebrate the unofficial April 20 marijuana holiday with promotions, deals and in-store events aimed at attracting new customers and keeping the ones they have. While this year is no exception – coming three years after the start of the COVID-19 pandemic – many retailers are shifting their focus from 4/20 being a one-day event to a week- or even monthlong celebration with different daily promotions and other straightforward… Read more.
The Reef opened as a medical marijuana dispensary in 2014 and attracted 500 customers a day. That’s before losing almost all of them four years later when recreational marijuana was legalized in nearby Michigan cities, such as Hazel Park and Ferndale. Though Michigan voters approved recreational cannabis in 2018, it was held up in Detroit by years of court battles. It turns out, someone else already had a great idea. Jason Kouza of Dort Hwy Dispo, a recreational dispensary in… Read more.
New Jersey cannabis regulators on Thursday declined to renew the license of Curaleaf to grow and sell cannabis for the state’s adult-use market, the New Jersey Monitor reports. Curaleaf is a multistate cannabis company and the biggest player in New Jersey’s cannabis industry. With the denial, Curaleaf’s adult-use license expires on April 21; it’s unclear what the move means for the company’s medical cannabis patients. The vote came a month after Curaleaf said it confirmed to state regulators that it was closing one of its cultivation facilities and… Read more.
With 21 weed shops in the city plus another 53 in the surrounding suburbs (the state has over 100 facilities), there's a lot of bud to sort through in the Land of Lincoln. Naturally, we've put together a handy guide to every recreational dispensary in the city, where you can snag the natural cure to what ails you—from stress mitigation to simple boredom relief. Order ahead or simply walk in to browse the wares: Just make sure to keep an eye on buying limits and… Read more.
Dispensaries across metro Phoenix are celebrating April 20 — also known as Weed Day — with block parties, giveaways and deals three years after recreational marijuana was legalized in Arizona. Some events will take place on the actual holiday while others have delayed the celebration by a day so people can celebrate on a Friday (April 21). The "dopest" block party will return to the streets of downtown Phoenix for its second year and a "transcendent" cannabis-infused dining experience will… Read more.
A state’s cannabis regulations can run hundreds of pages and contain even more rules. But the regulators who create these rules and law enforcement officials who enforce them care the most about three things: Preventing diversion to the illicit market. The physical security of cannabis operations. A potential drain on law enforcement and community resources. To stay compliant and maintain good relations with regulators and law enforcement, cannabis businesses should focus their security efforts around these three goals. “In terms of… Read more.
Ask around, and you may hear 2023 is the most challenging year yet to operate a dispensary. With capital largely evaporating, licensed and illicit competition increasing, and customers conditioned to shop for deals, running a profitable store is becoming harder. As customers increasingly search for better deals, dispensaries have to defend their margins against downward pressure by eking out gains in operational efficiency and retaining existing customers. Since retail locations are where the customer interacts with the supply chain, problems flow… Read more.
A novel deal unveiled more than five months ago by Green Thumb Industries (GTI) to lease space and open medical marijuana dispensaries adjacent to Circle K convenience stores in Florida has yet to win approval from state regulators and is now in litigation. The plan – which would allow motorists to pump gasoline at select Circle K convenience stores and purchase MMJ from an adjacent Rise Express dispensary – drew national news coverage last October. At the time, GTI founder and CEO… Read more.