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The Week in Weed: February 18, 2022

The Blunt Truth

2021 was a big year for cannabis in Virginia, as lawmakers voted to legalize adult use. 2021 was a big year for cannabis in Virginia, as lawmakers voted to legalize adult use. The Democratically-controlled Senate just passed a bill that would begin sales in September. Further bulletins as events warrant.

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Columbia Care Reports Record Third Quarter 2021 Results

Cannabis Law Report

Revises 2021 Guidance to $470M – $485M Revenue, $85M – $95M Adjusted EBITDA and 46% Adjusted Gross Margin for Full Year 2021. NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today reported financial and operating results for the third quarter ended September 30, 2021. (NEO:

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Thailand’s First Official Cannabis Store Belongs to California Rapper Berner

Veriheal

Our control of the entire experience from start to finish, seed to sale, sets us apart,” said Berner. “We Gilbert, whose stage name is Berner, described the Southeast Asian nation’s first cannabis store opening as “a huge step into the global market.”. he wrote on his official Instagram page. Berner’s Cannabis Empire Continues to Grow.

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Columbia Care CEO Nicholas Vita Named “Captain of Industry” by American Trade Association for Cannabis and Hemp (ATACH)

Cannabis Law Report

announced today that its Chief Executive Officer, Nicholas Vita, was recognized as a 2021 “Captain of Industry”, the highest honor from the American Trade Association for Cannabis and Hemp (ATACH). Since May 2021, Columbia Care has opened eight Cannabist dispensaries across seven states, with more to come by the end of the year.

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International Cannabis Brand Cookies and InterCure Announce European Expansion

Cannabis Law Report

The company offers a collection of over 70 proprietary cannabis strains and more than 2,000 products. Cookies was named one of America’s Hottest Brands of 2021 by AdAge ; the first cannabis brand to ever receive this accolade. in Early 2022. Cookies values the power of the plant and focuses on creating game-changing genetics.

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BevCanna Closes Acquisition of Solventless Cannabis Extraction and Delivery Technology Provider Embark Health Inc.

Cannabis Law Report

This acquisition was pursuant to the agreement dated September 19, 2021, as amended November 12, 2021 (the “Agreement”), by and among Embark, 1323977 B.C. The acquisition also bolsters BevCanna’s balance sheet,” noted Mr. Campbell. 1 This acquisition brings BevCanna to over $100 million in unaudited assets on the balance sheet and $2.9

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Minnesota Hemp Assoc is Now Minnesota Cannabis Assoc

Cannabis Law Report

Currently Hemp Acres has 3000 acres under contract for 2021 production and anticipates contracting 10,000 acres in 2022. SAINT PAUL, MN— On May 3, the four board members of the Minnesota Hemp Association unanimously voted to change the name of their organization. It’s all cannabis,” said board member Charles Levine.

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