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Business Issues/Benchmarks: Page 126
BrightMa Farms to Develop Carbon-Negative Cement Products With Recent Partnership
The company announced that it has partnered with SonoAsh to make low-carbon green cement products using industrial hemp.
Massachusetts Adult-Use Cannabis Retailers Eclipse $3 Billion in Sales
That cumulative figure comes from sales generated since the state first launched a commercial retail program in November 2018.
Jushi Holdings Awarded Provisional Medical Cannabis Dispensary License in Ohio
The new store will operate under Jushi’s retail brand, BEYOND / HELLO, and marks the company’s first retail location in the Buckeye State.
Santa Barbara County Board of Supervisors Votes Against Changing Cannabis Cultivation Tax
The current taxation system, which is based on the self-reported dollar value of the crops, will remain intact for now.
Washington Files Lawsuit Against Spokane Cannabis Retailer, Claims $300,000 in Unpaid Wages
The state’s Labor Department and attorney general’s office filed litigation last week with an original complaint from more than three years ago.
Canopy Growth Announces Plan to Acquire Jetty Extracts
The move broadens Canopy Growth’s portfolio of premium brands with significant opportunities to scale across North America.
Cresco Labs Announces First Quarter 2022 Results
The company reports 20% year-over-year revenue growth and 45% year-over-year adjusted EBITDA growth.
Where Does Your Crop Go?
Once harvested and processed, your CBD hemp crop—and what you make with it—is often shipped to a distributor. Distribution channel data shows how consumers are accessing it from there.
Flora Growth Appoints Holly Bell as Vice President of Regulatory Affairs
Bell joins Flora Growth after working as the Director of Cannabis for the Florida Department of Agriculture and Consumer Services.
More Than 20 Senators Urge Congressional Leadership to Include SAFE Banking Act in Pending Legislative Package
A group of 24 senators wrote a letter to Senate and House leaders May 12, encouraging them to include the cannabis banking reform measure in the final version of the America COMPETES Act.
22nd Century Group Acquires GVB Biopharma
GVB is one of the largest providers of hemp-derived active ingredients for the pharmaceutical and consumer goods industries worldwide based on total tonnage.
Verano Launches Mobile Applications, Exclusive Rewards Program For Zen Leaf and MÜV Cannabis Dispensaries
The applications and rewards programs aim to provide broader accessibility, deals and product information across 71 dispensaries in seven states.
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