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Ayr President George DeNardo said Thursday during the companys fourth-quarter and full-year 2024 earnings call that Ayr will prioritize other markets to make sure it can deliver for its other business and stated that the company doesnt have the necessary scale in Illinois to compete over the long term, Green Market Report reported.
Patients and their caregivers could also apply for a permit to cultivate and process their own cannabis for their own personal medicinal use, with undetermined restrictions to be left to regulations put forth by the OCM. The explicit language barring patients from “smoking” would be removed.
for its second Small Batch, Big Love event to support the newest craft cannabis licensees in Illinois. NuEra Champaign will feature small-batch cultivated strains, handcrafted edibles, and other innovative offerings. To find cannabis-friendly events in Illinois, visit here. For Illinois News Joint reviews, visit here.
Recently, nuEra Cannabis announced its agreement to acquire Ieso , a licensed medical and adult-use cultivation facility located in Murphysboro, Illinois. Our team has already collaborated with Ieso staff to enhance their processes, introduce new strains and cultivation techniques and make improvements to packaging and branding.
These events offer a voice to the large number of registered medical marijuana patients who are deeply dissatisfied with the current program. Meanwhile, those who hold the lucrative cultivation, processing, and dispensary licenses are finding new ways to profit, primarily by selling to out of state investors.
NuEra Cannabis is inviting the public to nuEra Chicago for its latest event to support the newest craft cannabis licensees in Illinois. The retail store will feature small-batch cultivated strains, handcrafted edibles, and other innovative offerings. To find cannabis-friendly events in Illinois, visit here. Friday, August 18.
The Illinois Cannabis Regulation Oversight Officer (CROO) released a notice for cannabis business licensees concerning packaging and labeling products. To find cannabis-friendly events in Illinois, visit here. However, dispensary names are required on the units before selling, and can be added by manufacturers.
Black CannaBusiness Magazine, the premier publisher of B2B content for African Ameicans doing business in the cannabis industry, is pleased to announce the second annual Black CannaConference & Expo (“Black CannaCon”), the only B2B conference for Black professionals in cannabis. Submissions for speaker proposals close September 1.
The Illinois Department of Agriculture (IDOA) recently released two press announcements dealing with the new online portal for cannabis businesses. The first announcement stated that Illinois is set to streamline cannabis business operations with the launch of the new online licensing portal (see following article about paperless system ).
Tahoe Hydro operates ~33,000 square feet of total cultivation and manufacturing space in its facilities in Carson City, Nevada, and Sparks, Nevada. The acquisition will add significant cultivation talent to Ayr’s already robust cultivation team, including 75 employees, which the Company plans to deploy both within Nevada and nationally.
Cannabis Conference and Cannabis Business Times announced the winners of the 2021 Cannabis Leadership Awards , which recognizes industry professionals who exemplify the leadership qualities needed to inspire and empower those around them and who work to better the industry and their communities. EDITOR: Heather Allman.
The Illinois Department of Agriculture (IDOA) and the Division of Cannabis Regulation announced today an official Metrc implementation timeline for licensed cannabis businesses transitioning from BioTrack to Metrc as Illinois’ track-and-trace data system. To find cannabis-friendly events in Illinois, visit here.
Cultivators, manufacturers and testers face the same distance requirement for day care facilities and churches, but they must be at least 750 feet from schools.” ” Patient Seminars II – Home Cultivation and Compliance. Are you planning to cultivate your own medical cannabis or interested in being a caregiver?
Investors have taken note, pumping $10 billion into North American cannabis businesses last year — a good sign for budding entrepreneurs hoping to cash in on the green rush. It’s more difficult than starting a business in any other area,” says Schmitt, 43, a seasoned entrepreneur who previously worked in finance and construction.
Many state capitols around the country have suspended legislative sessions, continued to vote on key bills remotely, or have at the very least closed to the public and nonessential business. Legislation is pending, Senate Bill 420, permit qualifying patients to cultivate personal use quantities of cannabis for therapeutic purposes.
On January 16 , Florida NORML chapters will head to Tallahassee (Florida Capitol, Third Floor Rotunda) to lobby for marijuana legalization to include home cultivation, cafes, cultivation centers, and fair and equitable business entrance fees. NORML Women of WA 4th Annual Lobby Day. Cal NORML / ASA Lobby Day.
–(BUSINESS WIRE)– $ZDPY #Brokerage –Zoned Properties®, Inc. The increasing demand for regulated marijuana cultivation space and consumer products in Arizona has gone far beyond initial projections as the result of the recently approved and implemented adult-use marijuana program. SCOTTSDALE, Ariz.–(BUSINESS
CHICAGO–(BUSINESS WIRE)– Cresco Labs Inc. wholesaler of branded cannabis products, announced today the closing of the Company’s previously announced acquisition of Cultivate (the “Transaction”). The Transaction also includes space available to further expand cultivation capacity. Transaction Highlights.
Over the past year, NORML has hosted activism events in conjunction with other cannabis organisations and still supports the Dagga Party of South Africa, a registered pro-cannabis political party. Just last month, Canna Tech and the Cannabis Expo were hugely successful events in both Cape Town and Johannesburg alike. Cannabis Law.
The Company closed the first phase of its multiphase expansion project of an up to 558,000 square foot new cultivation and production facility in Matteson, Illinois. To that end, as CEO, I am more confident than ever in our strategy, fundamentals, asset base, and current growth ramp of our business as we look ahead to 2022.”.
The two new services include News Joint Events and News Joint Consulting. News Joint Cannabis Events is the cannabis-friendly events planning and consulting service from Illinois News Joint. Since adult-use legalization in Illinois, we have attended and/or participated in more than one hundred cannabis events.
Report after report portends doom with headlines like “the world’s largest legal weed market is going up in smoke ” (The Economist), “California pot industry facing ‘ extinction event ‘” (SF Gate), and “ Despair in Emerald Triangle as CA legal cannabis collapses” (CalMatters). Is It Really That Bad? Yeah, it is.
The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Ieso holds one of only 20 full-scale cultivation licenses in the state. To find cannabis-friendly events in Illinois, visit here. NuEra closed on the acquisition of the Illinois brand Ieso.
By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net A Cabinet minister yesterday said talks on marijuana cultivation and the accompanying regulatory regime will be held with. Read More
“The changes proposed by Elder would stifle growth in the cannabis industry, continue to squeeze out small businesses, which are already struggling in the industry, and return to a ‘war on drugs’ type of police enforcement.”. RELATED: California’s Cannabis Industry Marred by Limited Supply Chain and Heavy Tax Burden. Former Gov.
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.
Join Prince Lobel Tye LLP, Hub International, and Upwise Capital for a cannabis industry roundtable featuring some of New York’s biggest cannabis operators. Come learn what it takes to build a successful cannabis brand and become operational in the New York market from legacy operators, licensees, and industry professionals.
HighLasley Events is set to host the inaugural Sesh In The Shawnee from 12-7 p.m., Sesh In the Shawnee will host several Illinois-based cannabis cultivators and infusers, along with local vendors. Illinois cannabis workers with an active ID from IDOA (cultivation) or IDFPR (dispensaries) can reserve a ticket for FREE here.
The Property is located in the northeast corner of Oklahoma which offers a favorable growing climate for greenhouse cultivation. Concurrent with the acquisition, PropCo entered into a 20-year “triple-net” lease (the “Lease”) with Vinita Cannabis LLC (“VC”), which will operate the Property as a cannabis cultivation facility.
We have both been involved with cannabis cultivation for years and wanted to create an environment for local growers, enthusiasts, med patients and anybody else who wants to learn about cultivation,” Ryan said. To learn about cannabis-friendly events in Illinois, visit here. at Ignite Vape & Glass. “We
The Humboldt County Growers Alliance, a trade association that represents 275 licensed cannabis businesses in Humboldt County, recently joined the Origins Council as a regional partner for state and federal cannabis advocacy. One can receive them from cultivators, distributors, other manufacturers, and microbusinesses,” she added.
TORONTO–( BUSINESS WIRE )–Flora Growth Corp. NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has engaged Brigitte Baptiste as a strategic advisor to the Company. About Flora Growth Corp. Forward-looking statements are only predictions.
The Academic Cannabis Conference , produced by News Joint Events , is pleased to announce its full presenter lineup and schedule. at the Garden Grove Event Center in Carbondale on May 4. is a business attorney and an Adjunct Instructor at Saint Louis University. The event is runs from 12-5 p.m., 3:30 p.m. – Marialle A.
We apply our entirely subjective bong score to each event. Park Strategies provides clients with a full perspective of their business landscape, enabling them to clearly define their strategic objectives and successfully navigate business, policy, development, and regulatory issues. BONG SCORE. About Park Strategies, LLC.
The Illinois Department of Agriculture’s Division of Cannabis Regulation announced that it has completed moving product and vehicle registrations to an online environment and that soon cannabis businesses will have the ability to renew licenses online. To find cannabis-friendly events in Illinois, visit here.
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?
Join Sensi Mag California on JUNE 30 for Sensi Night Summer Speakeasy, a Community Event at The Barlow in Sebastopol – Featuring Local Business Showcase, Live Music, Live Art, Entertainment, & Bites by Blue Ridge Kitchen. Tickets are by donation and are available via Farechild Events: bit.ly/summer-speakeasy-tix.
Sunshine Cannabis won the most recent Cannabis Business Awards Most Valuable Brand. At the end of a busy day my mind is normally racing with ideas, and trying to slow it down can be quite the chore sometimes. This is a yearly award that goes to the best brand in Florida as voted on by the public, and with great reason.
House Bill 5562 and Senate Bill 3785 were introduced late Friday and would amend the Cannabis Regulation and Tax Act and provide lending support or private investment from the Cannabis Business Development Fund. To find cannabis-friendly events in Illinois, visit here. sponsored HB5562, and Sen. Kimberly A. Lightford sponsored SB3785.
Craft grow changes include the repeal of provisions establishing cultivator taxes and craft grower taxes and a shared premises pilot program. The provision for the shared premises pilot program states, “The Department of Agriculture shall create a pilot program that shall allow craft growers to share premises with cultivation center.
From being the first Asian country to legalize medical cannabis to opening dispensaries for free medical cannabis oil and approving medical cultivation and distribution , Thailand has led the charge when it comes to cannabis legalization. In its most recent move, the country has now legalized cannabis flower.
The sixth annual CannX is the first in-person event since 2019. Together with partners Shizim and Cann10, CannX gathers together the foremost experts on medical cannabis across science, business, and agriculture. We look forward to welcoming you in-person to CannX 2022 – for what is sure to be an outstanding event!”
NEW YORK–(BUSINESS WIRE)–BTIG announced today that it will hold its first cannabis-focused conference, which will take place virtually, on Wednesday, September 29, 2021. This one-day event will include thematic panel discussions, fireside chats and one-on-one meetings. We believe the U.S. About BTIG.
The reason for this can be traced back to the regulations and limited cultivator licenses put in place by the state government. One of the main reasons for the high cost of cannabis in Illinois is the limited number of cultivator licenses that have been issued by the state. For more Illinois cannabis industry news, visit here.
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