Business Issues/Benchmarks: Page 115

New York’s Adult-Use Sales Will Begin Dec. 29 With One Nonprofit Licensee

The New York Office of Cannabis Management announced Dec. 21 that the commercial retail program will commence through licensee Housing Works.

TerrAscend Announces Amendment of Pennsylvania Credit Agreement

The amendment will reduce the company’s debt by $35 million and annual interest expense by $5 million.

California DCC Files Emergency Rule Action for Cannabis Delivery Tracking

The regulatory package is under review by the state’s Office of Administrative Law.

Chicago to Welcome Cannabis Research Institute

The CRI’s goal is to provide the industry with evidence-based data and promote diversity, equity and inclusion.

Curaleaf Adds 2 Members to Board of Directors

The multistate cannabis operator appointed Michelle Bodner and Shasheen Shah, whose positions will be effective Dec. 31.

Schwazze Brings Total Retail Dispensary Count to 40; Announces Completion of Lightshade Labs LLC Transaction in Colorado and an Additional R. Greenleaf Store Opening in New Mexico

The vertically integrated, multi-state operating cannabis company with assets in Colorado and New Mexico has reached a company milestone of 40 dispensaries across both states.

Missouri’s Medical Cannabis Operators Apply for New License to Serve Adult-Use Market

The Missouri Department of Health and Senior Services has received applications for comprehensive licenses from 318 of the state’s 322 medical cannabis licensees.

SAFE Banking Hopes Fade as Congress Scrambles to Approve Spending Deal

While some lawmakers are pushing to include the SAFE Banking Act in the omnibus spending bill, it is possible that cannabis banking reform efforts will be punted to 2023.

Massachusetts Adding Cannabis Education for New Drivers

The Bay State will become the first adult-use state to mandate “Shifting Gears: The Blunt Truth About Marijuana and Driving” as part of its driver education curriculum.

Hiring for the Long Haul

It’s a candidate’s job market. 4 tips for how cannabis companies can compete and retain their teams.

Washington Regulators Seize 5,000 Cannabis Plants, Suspend License

The state’s Liquor and Cannabis Board took emergency action against a Port Angeles operator for allegedly partaking in criminal activity.

Broadcasters Might Finally Be Able to Advertise Cannabis, But Will They Want To?

While Congress is considering a provision that would open up TV and radio advertising for cannabis companies, it’s likely just the start of a much longer discussion on how industry ads should be regulated.

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