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Business Issues/Benchmarks: Page 104
Cresco Labs Announces Second Quarter 2022 Results
Company reports 4% year-over-year revenue growth and 11% year-over-year adjusted EBITDA growth; continues industry leadership with branded product performance and retail productivity.
A Dozen Lawsuits Challenge Connecticut’s Adult-Use Cannabis Cultivation Licensing Process
Twelve companies have sued the state after being denied licenses.
Hermosa Beach, California, to Welcome Cannabis Home Delivery
Delivery operators will be required to have a permit, and violators could face up to a $30,000 fine.
Santa Barbara County to Require Conditional Use Permit for Cannabis Cultivation
The Board of Supervisors unanimously approved an ordinance this week that will require the higher-level permit, rather than a simple land use permit, for cultivators to operate in certain zones.
ACS Laboratory Launches Comprehensive Hemp Compliance Testing Panel
The panel helps companies meet all the state standards for nationally sold hemp products.
Should You Automate Cannabis Trimming?
As technologies continue to mature, it might be time to reconsider some industry biases against mechanization in the post-harvest process.
Trulieve Opening Medical Cannabis Dispensary in Auburndale, Fla.
The new dispensary expands patient access to medical cannabis, and grand opening specials are available.
Coastal Opens Dispensary and Delivery Service in Northern California
The Concord location marks Coastal’s 12th dispensary in California.
Ascend Wellness Calls Off MedMen NY Acquisition After 17 Months
Despite settling an M&A lawsuit in May, Ascend CEO cancels $88-million deal, calling New York a “highly uncertain” regulatory environment.
New York Regulators Issue Additional Adult-Use Cannabis Licenses, Approve Testing Regulations
Officials also appointed John Kagia, who has served as the Chief Knowledge Officer for New Frontier Data, as the director of policy for the Office of Cannabis Management.
Delta 9 Announces Agreement to Acquire Three Retail Cannabis Stores in Manitoba
Delta 9 has entered into an asset purchase agreement with 10552763 Canada Corp. to acquire all or substantially all of the vendor’s assets relating to the operation of three Garden Variety branded retail cannabis stores located in Manitoba, two in Winnipeg and one in Brandon.
Hire to Create Opportunity: Q&A With Green Check Verified’s Kevin Hart
In this exclusive Q&A, Hart shares insights into what factors may contribute to employee turnover and what cannabis business owners should actively be doing to increase retention.
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