Business Issues/Benchmarks: Page 105

New York Regulators Will Start Accepting Cannabis Dispensary License Applications Aug. 25

Applicants with prior cannabis-related convictions will be first in line to receive licenses.

Alabama Regulators Approve Medical Cannabis Business Licensing Rules

The Alabama Medical Cannabis Commission approved a set of regulations this week to begin the licensing process.

Curaleaf THC Labeling Leads to Thousands of Voluntary Product Removals in New York

The MSO switched from wet-weight to dry-weight testing in the state—an industry standard elsewhere—resulting in higher potencies on product labels.

Los Angeles County Voters to Decide on Cannabis Taxes in Unincorporated Areas This November

The proposed measure will be placed on the Nov. 8 ballot and will require a majority vote to pass.

Study Finds Cannabis Consumers Hospitalized With COVID-19 Have Shorter Hospitalization Rates Compared to Non-Consumers

Researchers examined 1,831 patients across two hospitals in Southern California.

U.S. Virgin Islands Regulators Approve Draft Rules for Medical Cannabis Program

The territory’s medical cannabis market is expected to launch in 2023.

Ayr Wellness Celebrates Milestone in Florida with the Opening of its 50th Retail Store in the State

The 50th store spans 4,500+ square feet of retail space and reflects the elevated retail design showcased at the two recently opened Ayr adult use dispensaries in Greater Boston and representing the future of the company’s presence in Florida.

Brews, Buds and Preserving Flavor Post-Harvest

Once cannabis and hop plants leave production, their processing journeys can diverge, but aroma and taste are increasingly important for both.

Aleafia Health Announces $12.0 Million Total Net Revenue in First Quarter, Representing a 13% Increase Over the Prior Year

31% increase in branded cannabis net revenue to $10.0 million from $7.6 million in the prior year.

Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages

The distribution agreement will provide Tilray with direct access to Southern Glazer’s distribution network, reaching consumers everywhere, from local bars and restaurants to independent and national grocery chains and convenience stores.

The Source+ Expands Award-Winning CAMP Product Line with Introduction of CAMP Solventless Gummies

The Source+ has partnered with chefs behind Michelin-rated restaurants to introduce new gummy edibles in a variety of fresh flavors, available for purchase this month.

Cannabis Companies Partner to Help Alleviate Medical Debt

Cannabis companies Pacific Stone and Wellgreens partner with RIP Medical Debt to help abolish medical debt to those in need.

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