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Washington Cannabis: The Proposed Hemp Overhaul is Here

Canna Law Blog

Washington’s hemp law is also extremely confusing thanks to RCW 15.120.020 which prohibits the “production of any part of industrial hemp, except seed, as food, extract, oil, cake, concentrate, resin, or other preparation for topical use, oral consumption, or inhalation by humans[.]”

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Columbia Care Announces Launch of West Virginia Market Operations

Cannabis Law Report

Through its dispensary network, the company offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, Classix, Plant Sugar, Press, Amber and Platinum Label CBD. Our ability to begin operations solidifies our position as a leader in the state. “Our

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Columbia Care Completes Acquisition of CannAscend, Owner and Operator of Four Dispensaries Across Ohio

Cannabis Law Report

Ohio is a key state, currently a top-five market for Columbia Care, with year-to-date state sales up more than 110 percent year-over-year and annualized runrate sales of more than $370 million for 2021. We are grateful to the State of Ohio for its support and have enjoyed the last few years working with the CannAscend team.

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What Going Green Means for the Golden State and the Rest of the World

CannaTech

The bill, scheduled to take effect on January 1, 2019, allows California farmers to enter the rapidly-growing hemp industry on a wide scale, raising industrial hemp to produce hemp seed, oil, fiber, and extract for a variety of uses. These are some of the iconic images that immediately come to mind when people think of California.

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Columbia Care Completes Acquisition of Green Leaf Medical; Cements Market Leading Position in Mid-Atlantic

Cannabis Law Report

Adds Approximately 400,000 Square Feet of Cultivation and Production Capacity as well as Four Operational Dispensaries and Six In-Development Dispensaries in Key Markets. Immediately Accretive to Columbia Care Gross Margin, Adjusted EBITDA and Free Cash Flow with Acquisition Multiple of Approximately 4.8x 2021 Adjusted EBITDA. Additional Highlights.

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Columbia Care Reports Record Third Quarter 2021 Results

Cannabis Law Report

Record Adjusted EBITDA of $31.0 Million, an increase of 634% YoY, 89% QoQ. Record Adjusted EBITDA Margin of 23%, an increase of 1,564bps YoY, 848bps QoQ. Revises 2021 Guidance to $470M – $485M Revenue, $85M – $95M Adjusted EBITDA and 46% Adjusted Gross Margin for Full Year 2021. NEW YORK–(BUSINESS WIRE)–Columbia Care Inc.

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Hemp, Inc. Announces Microcap Daily Article Names Company Among ‘Most Active’ in Small Caps

Cannabis Law Report

26 with approximately 10,000 hemp seeds planted in a single day. The Company has executed a sales agreement to sell $1 million worth of DrillWall over the course of one year. (Read the full press release here.) . CEO Bruce Perlowin’s role as the subject of the No. 1 most watched CNBC documentary of all time “Marijuana Inc.”. “In

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