Finance: Page 40

Vermont Lawmakers Send Legislation to Regulate Cannabis Sales to Governor, Illinois Gives Dispensary Applicants Another Shot at Licensing Lottery: Week in Review

The Vermont Senate approved a bill this week to legalize cannabis sales in the state, sending the proposal to Gov. Phil Scott.

Tropizen Announces First Outdoor Cannabis Harvest

The company's outdoor harvest looks to address Puerto Rico’s cannabis flower supply shortage.

Ethos Cannabis Announces Official Entrance into Maryland Market

Ethos has officially acquired the right to manage and ultimately purchase Maryland medical cannabis dispensaries of 4Front Ventures Corp., which are currently operated under the Mission brand.

Colorado Department of Revenue Releases Average Market Rates for Retail Marijuana Effective Oct. 1, 2020

The Colorado Department of Revenue has released the Average Market Rates for retail marijuana effective Oct. 1, 2020 until Dec. 31, 2020.

New Zealand Medical Cannabis Company Awarded License to Grow Country’s Largest Crop to Date

Marlborough-based Puro received a license Sept. 17 to grow up to 90,000 plants.

Wildfires Continue to Ravage West Coast Cannabis Businesses, U.S. House Postpones Vote on the MORE Act: Week in Review

West coast wildfires continue to threaten and destroy cannabis operations as growers work to save their businesses and homes.

Ohio’s July Medical Cannabis Sales Set New Record

The state’s dispensaries sold roughly $21.4 million worth of cannabis products in July.

Cresco Labs Bolsters Leadership Team with Three Senior Promotions

David Gacom, Melissa Wagamon and Sean McAlister, who move into Regional President roles, will lead the business across the platform while strengthening the company’s geographic footprint.

Coin Shortage Lays Bare Cannabis Industry’s Payments Problem

While most retailers have instituted contactless transactions to meet changing customer expectations, dispensaries are still largely operating with cash only.

Trulieve Enters Fifth State with Two Acquisitions in Pennsylvania, Creating a Vertically Integrated Operation

The acquisitions further Trulieve's mission of being the leading customer-focused cannabis brand in the United States.

Cresco Labs Launches Good News Cannabis Brand

Developed to take market share from alcohol, Good News is a mainstream, social occasion-based cannabis brand for today’s modern consumers.

Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis

The acquisition strengthens Columbia Care's retail and cultivation presence in Los Angeles and San Francisco with four dispensaries and one indoor cultivation facility.

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