This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
multi-state cannabis operator, announced in May 2022 it had closed the definitive agreement to acquire two Herbal Remedies Dispensaries. Ayr then acquired two more Illinois dispensaries, one in Hometown and one in Normal. Earlier this week, Ayr Wellness signed a letter of intent to sell all four Illinois dispensaries.
California’s got more than 800 cannabis dispensaries carrying the best weed the world’s ever seen—purer and often cheaper than the illicit market. And here’s the crazy part—California shops have yet to even really blossom.
While dispensaries are easy to come by, consumption areas are not. The state is in the process of finalizing regulations for these businesses, and licensing is expected to happen after. Whether or not these businesses will open in 2022 remains to be seen. The best dispensaries in Las Vegas. Reef Dispensaries.
New York dispensaries will open this year. Businesses have sprung up that offer goods and services to the public, featuring a “gift with purchase” of cannabis. The local government scheduled inspections of these unlicensed dispensaries for last month, but called them off just as they were supposed to begin. DISTRICT OF COLUMBIA.
The record-breaking month pushed Illinois’ sales totals for 2022 passed the 1.55 December total out-of-state resident sales reached $41,439,616.92, which finished only behind July 2022 total of $43,503,289.06. The 2022 sales totals of $1,552,324,820.37 2022 Totals: $1,552,324,820.37. billion mark at $1,552,324,820.37.
The fight to legalize cannabis in Arkansas has gained more gusto than ever before with a new group of activists lobbying to get a reform initiative featured on the state’s 2022 ballot. The group must gather 89,101 signatures by June 2022. Filed on Thursday, Nov. ” However, specific details have not yet been released.
It took until late 2017 for the first Maryland dispensary to open for business. The program is also becoming more patient-friendly, with more dispensaries opening and a wider range of products becoming available. The first MMJ dispensaries opened in Maryland in 2017. What cities in Maryland have recreational dispensaries?
December 5, 2022, Altius Dispensary hosted its grand opening as one of three new adult-use social equity dispensaries in Illinois. Altius was the recipient of the third of almost 200 new adult use cannabis dispensaries set to open in 2023 and beyond. For Dispensary Spotlight Features, visit here. to to 10 p.m.
The Pennsylvania cannabis market is highly coveted among cannabis business license-holders. On March 22, 2022, Pennsylvania’s Medical Marijuana Advisory Board released the following metrics related to the state’s existing medical program: 740,757 registered patients and caregivers. 20 million patient dispensary transactions.
We have the latest on New York dispensary licenses and on a new Massachusetts law. Legalization lost at the ballot box in 2018, so we’ll see how it fares in 2022. Those previously convicted of marijuana crimes who have business experience will have priority. But there’s also news from states where cannabis is already legal.
CSE: AUSA) (OTC: AUSAF) (“AUSA” or the “Company”), doing business as AUDACIOUS, today announced that the Company has filed its unaudited financial statements and management discussion and analysis for the first quarter of fiscal year 2022, the period ending June 30, 2021. Q1 FY 2022. Q1 FY 2022. Q1 2022 Overview.
Connecticut could be the future home to a mega cannabis dispensary. A 25,000-foot dispensary might pale in comparison to Nevada’s 115,000-foot Planet 13, but keep in mind that Planet 13 goes far beyond an average dispensary, combining restaurants, entertainment, and a cannabis processing facility all in one place.
While these businesses would benefit from being properly insured just like other businesses in America, they face the hurdle of current federal regulations against cannabis that label it a Schedule I controlled substance with no medical purpose and a high addiction rate.
3, 2022, 37 states, three territories and the District of Columbia allow the medical use of cannabis products. 9, 2022, 21 states, two territories and the District of Columbia have enacted measures to regulate cannabis for adult non-medical use.” Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.”
Circle K convenience stores might get into the medical cannabis business in Florida. Tourists in Washington, DC can self-certify to obtain medical marijuana in the city’s dispensaries. There are about 600 Circle K locations in Florida; no specifics about which stores would host the RISE Express dispensaries were released.
billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. To succeed, you need more than a solid business plan and ace team (though those are crucial, too). Legal weed generated $10.4
Selling Girl Scout cookies in front of a marijuana dispensary sounds like a very smart move. Apparently, the rules there prohibit Scouts from selling in front of businesses they themselves can’t enter. As we’ve reported before, it can come with complications. It seems like too good an opportunity to pass up….
Interesting footnote, even though Georgia legalized medical marijuana, members of the Georgia Bar cannot advise clients involved in the state-legal cannabis business. It’s a mobile dispensary from Goodblend, one of three companies licensed to sell medical cannabis in the state. And finally.
15, 2022, the New York State Senate passed Sen. S8084A (ACTIVE) – SPONSOR MEMO. The bill moved quickly through the Assembly and Senate. Michelle Hinchey’s bill S.8084-a 8084-a , establishing conditional use cultivator licenses to cannabis cultivators who will then be able to process and distribute products.
Construction will begin in Q3 2021 and is expected to be completed in Q4 2022. The Company received all final approvals to open and operate its third adult-use dispensary in Massachusetts in the Town of Brookline. Business Updates and Developments. ET on Tuesday, August 17. The facility is expected to be operational in Q1 2023.
It prevents the Department of Justice from using its funds to prosecute state-legal medical cannabis businesses. One of the selling points of a cannabis dispensary is the expert advice you can get from the budtenders. first circuit decision. Remember that old chestnut, the Rohrabacher-Farr amendment? and finally.
MMJ dispensaries in OK are some of the best in the US. But can you go into a dispensary without a card in Oklahoma? How Many MMJ Dispensaries Are In Oklahoma? As well as having a lot of medical marijuana patients and caregivers, Oklahoma also has the most MMJ dispensaries in the US. Read on for all you need to know.
Social equity programs are designed to support equal opportunity in the cannabis industry by making legal cannabis business ownership and employment opportunities more accessible to low-income individuals and communities most impacted by the criminalization of cannabis. The council won’t discuss a social equity program until April. “We
Since Connecticut lawmakers embraced Senate Bill 1201 in June 2021, wannabe cannabis business owners have been eagerly waiting to get involved in the fresh adult-use (recreational) market. Fortunately for retailers and cultivators — two available business license types — the wait is over. Food and Beverage : March 3, 2022.
AG’s Office Cites Theory Wellness for Wage Law Violations Affecting 282 Employees; Dispensary Has Locations in Chicopee, Bridgewater, and Great Barrington. Massachusetts’ wage and hour laws require that employees of certain retail businesses be paid “premium pay” for working on Sundays and certain holidays.
Some are making a name for themselves, and here are Canada’s top five cannabis shops to check out in 2022: Canna Cabana In 2009, Canna Cabana was a bong shop in Calgary with big dreams of being more. […].
Eaze Dispensary stores expand the company’s retail footprint, bringing consumers the brands they love in person and to their doorstep. In August 2021, Eaze announced the acquisition of multi-state retail leader Green Dragon, inaugurating the company’s expansion into dispensary retail in Colorado and Florida. San Diego, CA 92108.
Dispensaries won’t open until at least the first half of 2022. Cannabis can be purchased at dispensaries. Under the new law, the dispensaries can open their doors starting on April 1, 2022, though it could potentially take longer for the first retail cannabis stores to begin operations. Just not yet.
The case was brought by Mark Toigo, a Pennsylvania resident and minority owner of Organic Remedies MO, which owns a cultivation license in Chaffee and three dispensary licenses in Fenton, Sedalia, and Cape Girardeau. City of Detroit, is moving towards a bench trial in April 2022. City of Portland, is winding through courts.
Illinois dispensaries in December 2024 also recorded the most cannabis products sold in a month at 4,515,972 and the highest in-state-resident sales at $120,76,516.83. Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue. February: $135,571,931.44
The result: Cascading business failures across the industry. In May 2022, there were close to 1500 brands in the market, according to Headset. A 2022 report estimated that licensed California cannabis distributors are sitting on over $600 million dollars in aging accounts receivable that retailers are unable or unwilling to pay.
Practically speaking, will landlords be willing to take on the risk of leasing space to cannabis cultivators, processors or dispensaries—and, if so, what are some of the issues that will arise in negotiating leases to cannabis operators? What constraints does the MRTA place on the location of these businesses?
December 2022, I published a 6-part series titled, “What Illinois cannabis patients really want” to start a dialogue about the large gap between patients’ needs, wishes, concerns, and recommendation for improving the Medical Cannabis Patient Program (MCPP) and the actual amendments to the law legislators have introduced.
Dispensaries are becoming more common and this is good news for anyone who is thinking about going into the marijuana business, but for the U.S. So if you’re thinking about jumping on this trend and starting a marijuana dispensary, here are some of the things you need to consider first. Write a business plan.
24, 2022, the state completely removed the qualifying conditions list that patients used to have to adhere to in order to qualify for the medical cannabis program. However, since legalizing the possession and consumption of cannabis for adults, the state has yet to implement operational dispensaries to serve adults in the state.
Ayr Wellness Reports Second Quarter 2022 Results . MIAMI, August 18, 2022 – Ayr Wellness Inc. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Q2 2022 results were in line with our expectations, and we now look ahead to the second half of 2022.
The Farmer’s Wife celebrated the grand opening of its third dispensary in Missouri’s developing medical cannabis market Aug. The Farmer’s Wife submitted its licensing applications in 2019 and ultimately won three retail licenses in early 2020, with its first dispensary opening on 4/20 of this year. “We
Happy 2022! In The Weeds welcomes the new year, as well as a number of new cannabis laws and policies taking effect around the country in 2022. Under the new law, dispensaries and medical cannabis businesses are also subject to stricter requirements, such as those addressing advertising practices. McGuireWoods LLP.
While existing medical cannabis and cannabinoid hemp companies may continue to do business under the state’s existing (pre-MRTA) rules, adult-use cannabis business will not be able to operate lawfully until they are licensed by OCM/CCB. Overview of Adult-Use License Types, Requirements, and Restrictions.
So now that medical marijuana is finally available in Ohio, how do you get an Ohio MMJ card in 2022? How Do I Get My Ohio MMJ Card In 2022? Once the doctor has verified your suitability for MMJ treatment, they will sign an Ohio Medical Marijuana certification form and email it to you within two business days. Yes, you can!
Today, we’ll go through the process of how to get a medical marijuana card in Iowa in 2022. So, how do I get my Iowa MMJ card in 2022? The doctor will complete the Practitioner Certification Form and email it to you within two business days. What Are The Qualifying Conditions For A Medical Card In Iowa In 2022?
Based on details of the plan, which were disclosed at a recent authority board meeting by the president and CEO of the Dormitory Authority of the State of New York (DASNY) , Reuben McDaniel, somewhere between 15 and 20 dispensaries are slated to open their doors before the year’s end. Cannabis Retail Stores for CAURD Licensees.
The presentation included one significant cannabis tax item, the business expense deduction for licensed Illinois cannabis businesses. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.
The first MMJ dispensaries in Missouri opened for business in 2020, and since then, the MO dispensaries list has quickly grown from a small handful to almost 200. Missouri dispensaries are now selling high-quality, locally produced marijuana products to hundreds of thousands of Missouri MMJ patients.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content