Business Issues/Benchmarks: Page 128

Omnichannel Marketing: A Guide for Cannabis Retailers

Below are five omnichannel retail strategies adapted from ‘Breaking the Stigma,’ to help you align your retail store with your online presence.

Connecticut Lawmakers Approve New Medical Cannabis Testing Regulations

The new rules, proposed by regulators and approved by a legislative committee this week, would set new allowable levels of mold and yeast in medical cannabis products.

California Cannabis Business, Association Leaders Express Opposition to S.B. 1097

The California Cannabis Industry Association issued a call to action May 25, stating its “strong opposition” to the bill.

The Green Organic Dutchman Starts Year with Record Quarterly Revenue, Reports First Quarter 2022 Results

The company achieved record quarterly net revenues of $10.58 million, a 96% increase from Q1 2021, and a 12% increase from Q4 2021.

Ayr Wellness Reports First Quarter 2022 Results

The company reports Q1 2022 revenue of $111.2 million, up 90% YoY.

Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC

Ayr Wellness Inc. announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries.

Tilray Launches CBD Lifestyle Brand, Pollen, on Amazon UK

Designed to help uncomplicate wellness routines and elevate the CBD experience for consumers, POLLEN offers a unique product mix of tasty CBD gummies and drink drops in three signature lines.

Leafreport Study Unveils Lack of Purity and Potency Testing by CBD Brands

The study examined 4,384 products from 188 CBD brands and found that only 7% of companies test all their products for pesticides, heavy metals and microbes.

Item 9 Labs Acquires 43 Canadian Retail Locations

The company's acquisition of Ontario-based Sessions Cannabis "fast-tracks our entry into the Canadian market," says Item 9 Labs CEO Andrew Bowden.

Minnesota Legislature Approves Changes to State’s Hemp Industry

One bill would allow up to 5 mg of hemp-derived THC in food and beverages.

Lantern Expands On-Demand Adult-Use Cannabis Delivery to Denver

Lantern partners with local cannabis businesses including Frost, Strawberry Fields, and Grn Bus, to launch the first consumer-facing e-commerce platform in the Greater Denver area.

Jushi Holdings Inc. Reports First Quarter 2022 Financial Results

First quarter 2022 revenue increased 48.5% to $61.9 million as compared to the first quarter of 2021.

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