Colorado’s marijuana industry looks to stabilize after record pandemic sales

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April 18, 2024

Dispensary sales statewide are dropping, meaning less tax revenue and fewer new retail shops. Dispensary sales statewide are dropping, meaning less tax revenue and fewer new retail shops. Read More

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Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts

May 10, 2024

Daily News Hits

Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts

May 10, 2024

Daily News Hits

Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts

May 10, 2024

Island's Only Commercial Marijuana Grower to Close
by The Vineyard Gazette - Martha's Vineyard News on May 10, 2024
Fine Fettle, the Vineyard's only legally-permitted cannabis producer, has stopped growing marijuana on the Island and will close its West Tisbury dispensary later this year.
Yonkers’ first legal recreational weed dispensary set to open
by Finn Hoogensen on May 9, 2024
YONKERS, N.Y. (PIX11) – The first legal recreational weed dispensary in Yonkers is set to open on Thursday. The Plant is opening at 2595 Central Park Ave. The dispensary will be open Monday through…
Despite security, Blasdell marijuana shop owner says burglars stole $389,000 in product from vault
by Buffalo News on May 9, 2024
Whoever stole the pot on Feb. 23 was able to get through several locked doors, disable two security camera systems and use a numerical code to open the vault at the 716 Cannabis shop on Electric Avenue, according to co-owner John Duncan.
35 dispensaries seeking to open in New Buffalo Township at Indiana state line in cannabis gold rush, new high for Michigan
by nwitimes.com on May 9, 2024
Northwest Indiana may get a contact high from the 35 dispensaries seeking to open in New Buffalo Township just across the state line.
Cannabis: Thailand U-turns on legalisation in less than two years
by euronews on May 9, 2024
Here's what tourists need to know about using weed in Thailand under new proposals.
San Francisco cannabis dispensaries struggling as they continue to compete with illegal market
by Kenny Choi on May 8, 2024
Forty applicants vying for Shenandoah medical marijuana license
by Virginia Business on May 7, 2024
Forty complete applications were received for conditional permits to operate as the state’s sole licensed pharmaceutical processor of medical cannabis for a region including the Shenandoah Valley, as well as…
Yonkers First Legal Marijuana Dispensary to Open May 9
by Yonkers Times on May 7, 2024
The Plant to Open at 2595 Central Park Avenue By Dan Murphy Westchester County is home to more than 1,000,000 residents, yet its adult population still has very limited access to tested cannabis products from licensed stores. That will soon change when The Plant officially opens in Yonkers on May 9, and become Yonkers first legal marijuana
NJ cannabis sales hit new high, with more legal dispensaries open
by New Jersey 101.5 on May 3, 2024
Legal cannabis sales were brisk in the first quarter of 2024, with 130 dispensaries now open for recreational sales in NJ.
Arkansas revokes medical cannabis dispensary license for first time
by Kate Robertson on May 3, 2024
The Arkansas Alcoholic Beverage Control Division has revoked a medical cannabis dispensary license for the first time.
Vineyard marijuana dispensary to close - The Martha's Vineyard Times
by The Martha's Vineyard Times on May 3, 2024
Fine Fettle, a medical and recreational dispensary in West Tisbury — as well as the Island’s only licensed growing facility — announced that it will be closing in September. Benjamin Zachs, chief operating officer of the Connecticut-based company, has said that because of the difficulties of hosting a dispensary on an island, and with cheaper
Local cannabis dispensary says marijuana rescheduling is good for business
by KOBI-TV NBC5 / KOTI-TV NBC2 on May 3, 2024
MEDFORD, Ore. – A Medford cannabis dispensary owner says the rescheduling of marijuana would be great for his industry. As NBC5 News reported earlier this week, the Biden Administration plans to announce an interim rule reclassifying the drug from its current Schedule I to the much less stringent Schedule III. Since the enactment of the
Selling Over 1800 Expired Cannabis Products Cost This Arkansas Dispensary Its License, Owner Plans To Appeal
by Jelena Martinovic on May 3, 2024
An Arkansas medical dispensary lost its right to sell cannabis following the Alcoholic Beverage Control Division's decision to revoke its licenses.Hot Springs-based Green Springs Medical Marijuana Dispensary, owned by Dragan Vicentic, has allegedly been selling expired products."The revocation is the result of ongoing violations, most recently for selling more than 1,800 expired products," ABC's news release states. "ABC enforcement agents conducted an undercover purchase of expired products in October 2023 following a verbal warning regarding these products."
7 Best Marijuana Stocks to Buy in 2024
by Matt Whittaker,Rachel McVearry on May 3, 2024
The state-legal cannabis industry welcomed news this week that the U.S. Drug Enforcement Administration plans to reschedule marijuana as a less-dangerous drug. If that does indeed happen, the move would open up lucrative tax deductions and credits enjoyed by federally legal businesses. But ...
Purple Lotus cannabis dispensary draws customers to downtown San Jose
by George Avalos on May 3, 2024
A cannabis dispensary has opened its doors in downtown San Jose.
Spa City pot dispensary loses license
by arkansasonline on May 3, 2024
HOT SPRINGS -- Green Springs Medical of Hot Springs has become the state's first medical marijuana dispensary to have its license revoked.
Arkansas ABC revokes Hot Springs medical marijuana dispensary's license
by Arkansas Advocate on May 2, 2024
The dispensary owner said he will appeal the revocation to the ABC board. The appeal will allow business to continue until the matter is resolved.
The DEA Plans to Reschedule Marijuana: What Happens Next?
by Kelli Whitlock Burton on May 2, 2024
The DEA's plan to reschedule marijuana from a Schedule I controlled substance to Schedule III was expected. But what does it mean for clinicians and patients?
What marijuana reclassification means for the United States
by Associated Press,Jennifer Peltz, Lindsay Whitehurst on May 1, 2024
The proposal would move marijuana from the “Schedule I” group to the less tightly regulated “Schedule III."
Biden administration plans to reclassify marijuana. What does that mean for North Carolina?
by Taylor Shook on May 1, 2024
The Biden administration's historic move would reclassify marijuana, but what would that look like in NC, where lawmakers haven't legalized medical pot?

Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024
by Keegan Williams on May 10, 2024 at 10:00 am
In the latest move in Thailand’s profound reversal of cannabis decriminalization and reform, the country’s prime minister announced his intent to re-list the drug as a narcotic by the year’s end. The post Thailand Prime Minister Aims To Re-List Cannabis as Narcotic By End of 2024 first appeared on High Times.
Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts
by Benjamin M. Adams on May 10, 2024 at 10:00 am
Maximize Market Research forecasts significant growth in the hemp-based food sector thanks to consumer focus on gluten-free, plant-based diets. The post Hemp-Based Food Market to Soar to Over $8B by 2029, Report Forecasts first appeared on High Times.
Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill
by Nicole Potter on May 10, 2024 at 10:00 am
The bill would enable a task force to study the effectiveness of psychedelic therapies and how to regulate them in the state. The post Vermont House Representatives Pass Psychedelic-Assisted Therapy Working Group Bill first appeared on High Times.
Brand Aids
by Nelson Lindsley on May 10, 2024 at 10:00 am
Some reflections on creating a weed brand in an oversaturated market hanging on by a thread. The post Brand Aids first appeared on High Times.
Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging
by Sponsored on May 10, 2024 at 10:00 am
From child-resistant THC packaging to sustainable materials, Brandmydispo strives to provide cutting-edge options that differentiate its clients from their competitors. The post Why Brandmydispo’s Custom Weed Bags Are #1 in Custom Cannabis Packaging first appeared on High Times.
Cannabis Rescheduling: Where Do We Go From Here?
on May 10, 2024 at 6:45 am
The legal team at Vicente addressed the significance of the potential move to reschedule cannabis, detailing the ramifications for state-legal cannabis businesses and what could happen next, during a webinar. Here are 12 key takeaways from the event.
Trulieve outlines more bottom line relief with cannabis rescheduling
by Adam Jackson on May 10, 2024 at 4:00 am
CEO Kim Rivers said positive net income would have been realized if rescheduling had been in effect. The post Trulieve outlines more bottom line relief with cannabis rescheduling appeared first on Green Market Report.
The Daily Hit: May 9, 2024
by Staff on May 9, 2024 at 10:37 pm
News from: TILT Holdings, Ohio, The Cannabist Co., Trulieve Cannabis Corp., and more. The post The Daily Hit: May 9, 2024 appeared first on Green Market Report.
Planet 13 reports $6M loss in first quarter, preps for Florida expansion
by John Schroyer on May 9, 2024 at 10:16 pm
The company said it is expanding its "neighborhood store network" to create a national brand. The post Planet 13 reports $6M loss in first quarter, preps for Florida expansion appeared first on Green Market Report.
South Dakota marijuana legalization campaign submits signatures to state
by John Schroyer on May 9, 2024 at 9:38 pm
Only 17,508 valid signatures are needed, so chances are good the measure will go to the voters. The post South Dakota marijuana legalization campaign submits signatures to state appeared first on Green Market Report.
TerrAscend’s first-quarter revenue grows as losses narrow
by Adam Jackson on May 9, 2024 at 9:23 pm
Topline growth was partially offset by retail declines in New Jersey and Michigan. The post TerrAscend’s first-quarter revenue grows as losses narrow appeared first on Green Market Report.
Jushi loses $18 million for second quarter in a row
by John Schroyer on May 9, 2024 at 9:15 pm
Jushi's CEO cited "seasonal factors" as a driver of the negative quarterly results. The post Jushi loses $18 million for second quarter in a row appeared first on Green Market Report.
Leafly cuts costs but still reports $2.4M loss in first quarter
by John Schroyer on May 9, 2024 at 9:03 pm
Revenue was also down year-over-year, falling roughly 20% to $9 million from $11.2 million. The post Leafly cuts costs but still reports $2.4M loss in first quarter appeared first on Green Market Report.
Curaleaf’s first quarter loss dips as revenue gains
by Adam Jackson on May 9, 2024 at 8:38 pm
The company said it posted net income of $48.3 million, an 11% decline from last year's first quarter. The post Curaleaf’s first quarter loss dips as revenue gains appeared first on Green Market Report.
Tilt Holdings lands $10.5M for Pennsylvania build-out
by John Schroyer on May 9, 2024 at 4:38 pm
TILT said that the money came from "an experienced retailer and operator." The post Tilt Holdings lands $10.5M for Pennsylvania build-out appeared first on Green Market Report.
FDA to weigh safety, impact of MDMA therapy for PTSD at June meeting
by Adam Jackson on May 9, 2024 at 4:21 pm
The notice said "overall benefit-risk profile" as well as its "potential public health impact" will be the focus of the session. The post FDA to weigh safety, impact of MDMA therapy for PTSD at June meeting appeared first on Green Market Report.
Verano Opens MÜV Haines City, Company’s 75th Florida Dispensary
on May 9, 2024 at 11:10 am
The multistate cannabis operator now has 140 cannabis retail locations nationwide.
Ascend Wellness Holdings Reports $142.4M Net Revenue for Q1 2024
on May 9, 2024 at 11:06 am
The multistate cannabis operator's net revenue, which excludes intercompany sales of wholesale products, increased nearly 25% year-over-year.
Trulieve Reports $298M in Revenue for 1st Quarter 2024
on May 9, 2024 at 11:03 am
The Florida-based multistate operator opened three new dispensaries and attributed 4% revenue growth to higher retail traffic and average basket sizes.
SNDL Reports 1st Quarter 2024 Financial, Operational Results
on May 9, 2024 at 10:32 am
The company had CA$198 million in net revenue for the three-month period as well as a record profit margin.
Ellen’s Bud Break: The Purple & Blue Pigments of Pot
by Ellen Holland on May 9, 2024 at 10:00 am
Anthocyanins contribute to the colors and the healing properties of weed. The post Ellen’s Bud Break: The Purple & Blue Pigments of Pot first appeared on High Times.
Senator Cory Booker Visits Sacramento Cannabis Giant Amid Decriminalization Push
by Patrick Maravelias on May 9, 2024 at 10:00 am
One of Congress’ biggest advocates for legal cannabis came to the California Capitol this week to get up close and personal with thousands of cannabis plants, plant-touching employees and some of the state’s top industry players to reinforce his dedication to ending federal marijuana prohibition. The post Senator Cory Booker Visits Sacramento Cannabis Giant Amid Decriminalization Push first appeared on High Times.
Illinois Hemp Operators Call For Regulation Instead of Prohibition
by A.J. Herrington on May 9, 2024 at 10:00 am
Hemp industry advocates in Illinois have thrown their support behind a bill to regulate intoxicating hemp-derived cannabinoids while opposing a separate measure that would ban products containing such compounds, including delta-8 THC. The post Illinois Hemp Operators Call For Regulation Instead of Prohibition first appeared on High Times.
Signatures for South Dakota Adult-Use Cannabis Initiative Submitted
by Nicole Potter on May 9, 2024 at 10:00 am
Now the Secretary of State must validate the signatures by August for the initiative to appear on the November ballot. The post Signatures for South Dakota Adult-Use Cannabis Initiative Submitted first appeared on High Times.
Pakistan Creates Regulation Agency To Manage Medical Cannabis Program
by Nicole Potter on May 9, 2024 at 10:00 am
The country has an estimated 70,000 acres of land that can be used for legal cultivation. The post Pakistan Creates Regulation Agency To Manage Medical Cannabis Program first appeared on High Times.

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CT cannabis sales dip in April despite 4/20
by Jordan Nathaniel Fenster on May 10, 2024
Though the number of cannabis products sold went up, total cannabis sales revenue was...
Cannabis odors lead Lee voters to revise zoning bylaw, restrict additional grow sites
by The Berkshire Eagle on May 10, 2024
The changes in the zoning bylaw limited the number of allowed cultivators in town to one and rewrote the section on offensive odors.
Rescheduling is good news for California’s marijuana industry, but the state still needs to reduce regulations and taxes
by Michelle Minton,Geoffrey Lawrence on May 10, 2024
The DEA’s rescheduling of marijuana would be a welcome step in helping the state’s legal cannabis market compete and succeed.
Visalia voters likely to support cannabis tax - The Sun-Gazette Newspaper
by The Sun-Gazette Newspaper on May 10, 2024
Senate Bill (SB) 1186, mandates that cities in the state allow delivery for medicinal cannabis, but no such businesses currently operate in Visalia.
New Hampshire adult-use marijuana advances, but with obstacles
by Chris Roberts on May 10, 2024
New Hampshire lawmakers approved a proposal more in line with what Republican Gov. Chris Sununu has said he’ll support, but passage is iffy.
New Mexico's cannabis boom - will Texas ever make marijuana legal?
by KVIA on May 10, 2024
Since New Mexico legalized cannabis for adult and medicinal use in April 2022, sales have totaled more than a billion dollars, according to the state's Regulation and Licensing Department. And sales tax revenue has topped $75 million, according to a statement in March from Governor Michelle Lujan Grisham's office.
FOX 29 LIVE: Bill tours New Jersey cannabis growth, processing plant
by FOX 29 News Philadelphia on May 10, 2024
Bill is getting an up close look at how cannabis is grown and processed in New Jersey.
NY cannabis office leader has been asked to step down
by Brendan J. Lyons on May 10, 2024
Chris Alexander, the executive director of the state Office of Cannabis Management, has...

Colorado’s marijuana industry looks to stabilize after record pandemic sales

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