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Curaleaf cites ‘ample supply’ of weed in N.J. but critics wonder where it is

Curaleaf cites ‘ample supply’ of weed in N.J. but critics wonder where it is

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Cannabis NewsJuly 24, 2023

New Jersey has some of the most expensive recreational marijuana in the nation. The decision by New Jersey’s largest marijuana company to shutter its second growing facility in four months is raising questions about New Jersey’s marijuana supply. Curaleaf announced last week the company is laying

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Big name Marijuana brands dive into intoxicating Hemp products

Big name Marijuana brands dive into intoxicating Hemp products

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Cannabis NewsJuly 24, 2023

Historically, marijuana companies avoided the hemp market. There’s a small but growing trend of marijuana companies expanding into hemp-derived goods that can still get consumers high. At least four high-profile companies have already made the leap in varying forms, including California-based

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The King of unlicensed Weed Dispensaries declares war

The King of unlicensed Weed Dispensaries declares war

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Cannabis NewsJuly 24, 2023

Jonathan Elfand built a $25 million-dollar kingdom with Empire Cannabis Club. Then state tax officials raided his dispensaries. And he’s ready for battle. On a hot Tuesday morning in July, a phalanx of New York State Department of Taxation and Finance agents, with bulletproof vests and handguns on

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Cannabis property market unlikely to see rate decreases over next few months

Cannabis property market unlikely to see rate decreases over next few months

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Cannabis NewsJuly 21, 2023

The cannabis insurance market has experienced a variety of transformations and shifts in recent years. As the sector continues to develop, insurance providers are refining their offerings to meet the needs and challenges being presented. In their ‘State of the Market Cannabis report’, Amwins

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Bill aims to establish regulatory framework for CBD as a supplement

Bill aims to establish regulatory framework for CBD as a supplement

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Cannabis NewsJuly 21, 2023

Senator Ron Wyden (D-OR) has reintroduced a bill that aims to establish US Food and Drug Administration (FDA) regulatory framework for CBD as a dietary supplement or food and beverage additive. Alongside Sens. Rand Paul (R-KY) and Jeff Merkley (D-OR), Wyden announced the reintroduction of The Hemp

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Cannabis dispensary employees vote to accept union contract

Cannabis dispensary employees vote to accept union contract

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Cannabis NewsJuly 21, 2023

New contract includes wage increases, both future and retroactive, improved health care access and paid federal holidays. The United Food and Commercial Workers union, Local 360, on Tuesday said Columbia Care Inc.’s Cannabist retail location in Deptford voted to ratify its first labor contract. The

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Washington legal Pot farms get back to work after pesticide concerns halted operations

Washington legal Pot farms get back to work after pesticide concerns halted operations

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Cannabis NewsJuly 21, 2023

A big mound of fresh dirt sits at Terry Taylor’s marijuana farm in the high desert of north-central Washington state. Each hole for a new plant gets filled with the clean soil. Large swaths of recently installed landscape fabric cover the ground, and soon the dirt roads on his property will be

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Cannabis Store cuts through the haze of misinformation

Cannabis Store cuts through the haze of misinformation

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Cannabis NewsJuly 20, 2023

The cannabis seller is using its place of authority to provide education on frequently asked questions. Ontario Cannabis Store (OCS) is clearing up myths about the product by dramatizing the fog of differing facts and advice. In “Cannabis Made Clear,” people with clouds encircling their heads are

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Maryland's adult-use Cannabis market is open for business

Maryland's adult-use Cannabis market is open for business

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Cannabis NewsJuly 20, 2023

With more than $10 million in retail sales during its opening weekend and more than $20 million in retail sales during the first week, Maryland's adult-use cannabis market is open for business. Nearly 100 of Maryland's existing medical cannabis dispensaries and 42 cultivators and manufacturers

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Khalifa Kush and Cresco Labs expand partnership

Khalifa Kush and Cresco Labs expand partnership

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Cannabis NewsJuly 20, 2023

Cresco Labs partners with Wiz Khalifa's Khalifa Kush to exclusively bring premium cannabis products to Massachusetts. CHICAGO - Cresco Labs, a vertically integrated, multi-state operator and the cannabis industry’s No. 1 producer of branded products, today announced the expansion of a partnership

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Celebrity Cannabis Brands dominate California market

Celebrity Cannabis Brands dominate California market

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Cannabis NewsJuly 19, 2023

Data Shows Celebrity Cannabis Brands Outshine Traditional Brands. In this week’s cannabis news round-up, data shows celebrity cannabis brands are outselling traditional brands in California; Maryland’s booming cannabis market is poised to reach billion-dollar status; Maine reports record-breaking

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Ohio chain of Medical Marijuana dispensaries owes more than $19M in defaulted loans and lawsuit alleges

Ohio chain of Medical Marijuana dispensaries owes more than $19M in defaulted loans and lawsuit alleges

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Cannabis NewsJuly 19, 2023

A medical marijuana operator headquartered in Florida has sued an Ohio cultivator and chain of dispensaries over what it alleges is more than $19 million in defaulted loans. Trulieve, through its subsidiary Harvest Health and Recreation, filed the lawsuit Thursday in Franklin County Common Pleas

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Long line of customers greets Western New York's first Licensed Marijuana dispensary

Long line of customers greets Western New York's first Licensed Marijuana dispensary

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Cannabis NewsJuly 19, 2023

OJ Barker bought a House of Sacci ball cap, Empire cannabis gummies, Pound Town pre-rolled joints and cannabis flower on Tuesday. That purchase made history. The Buffalo resident was the first person to buy recreational marijuana from a state-licensed dispensary in Western New York. “This is going

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The best uses for the Hemp Plant

The best uses for the Hemp Plant

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Cannabis NewsJuly 19, 2023

Hemp is one of the most diverse crops in the world. Here are six ways to take advantage of the plant. For the most part, mainstream markets today are completely missing out on the benefits of the versatile hemp plant, from its tiny seeds up to its hardy stalks. Hemp is an excellent crop for farmers

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North American Cannabis consumers decreased spending in Q2

North American Cannabis consumers decreased spending in Q2

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Cannabis NewsJuly 19, 2023

Springbig released its Q2 data report highlighting key cannabis market statistics across the United States and Canada. (Benzinga) Quarterly sales data in North America revealed general retail and consumer behavior trends throughout the continent. The average consumer basket size and total spend

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NY State Senator urges aggressive action on unlicensed Cannabis Shops

NY State Senator urges aggressive action on unlicensed Cannabis Shops

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Cannabis NewsJuly 19, 2023

New York State Senator Brad Hoylman-Sigal urged the Office of Cannabis Management to take action on unlicensed dispensaries. A New York state senator wrote a letter to the state’s Office of Cannabis Management, urging leadership to engage in “aggressive action” on unlicensed cannabis retailers after

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For would-be Pot retailers, the lottery was the easy part

For would-be Pot retailers, the lottery was the easy part

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Cannabis NewsJuly 18, 2023

Martin Rasheed was surprised to learn he was among those chosen in a lottery with more than 2,200 other applicants for one of 36 new licenses to open marijuana stores in the Chicago area. “I’m excited and I’m grateful. I never thought I’d be in this position,” says Rasheed, who works as a trucking

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Celebrity power meets moderate consumption

Celebrity power meets moderate consumption

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Cannabis NewsJuly 18, 2023

As the cannabis industry continues to grow, both in terms of legalization and consumer interest, the dynamics of cannabis branding and consumption are undergoing fascinating transformations. (Benzinga) From the rise of celebrity-backed marijuana brands to the influence of medium-frequency consumers

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Despite flood losses, Cannabis industry is ineligible for federal aid

Despite flood losses, Cannabis industry is ineligible for federal aid

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Cannabis NewsJuly 18, 2023

Industry associations are working to assess losses up and down the supply chain to help them make their case to state legislators for additional aid. After floods devastated Montpelier and much of the state last week, Lauren Andrews, owner of Capital Cannabis on Main Street, spent most of her days

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Curaleaf, citing slow rollout of Cannabis sector, lays off 49 at Winslow production facility

Curaleaf, citing slow rollout of Cannabis sector, lays off 49 at Winslow production facility

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Cannabis NewsJuly 18, 2023

Largest cannabis firm in US says demand in NJ is high, but limited number of dispensaries (just 35) means supply needed to fulfill market is lower than was anticipated. Curaleaf, the leading grower and seller of cannabis in New Jersey, announced Monday that it is laying off 49 employees at its

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