Business Issues/Benchmarks: Page 134

New Jersey Adult-Use Cannabis Sales Have Commenced

Gov. Murphy says getting the commercial sales launch “right the first time” was the state’s focus.

Treez Secures $51 million in Series C Funding, Now Valued at $260 Million, Driven by Rapid Growth

Treez will use the funding to fuel its aggressive sales growth and accelerate product innovation.

Detroit Opens Adult-Use Cannabis License Application Process

Michigan’s largest city is now accepting submissions from potential growers, processors, transporters and more.

Chalice Brands Ltd. Announces Execution of Definitive Agreements to Acquire Oregon Retail Stores and Cultivation Assets

The company plans to acquire two retail stores located in Bend and Corvallis from Miracle Greens, Inc and two outdoor cultivation assets in Grants Pass from Totem Farms, LLC.

Curaleaf Celebrates Historic Start of Adult-Use Cannabis Sales in New Jersey

Curaleaf will begin serving its first adult-use customers at its Bellmawr dispensary on April 21.

Looking Ahead to Adult-Use Sales, Connecticut Cannabis Business Take Stock of What’s Needed

The Connecticut market prepares itself for a nine-figure sales year with the advent of a new marketplace.

Michigan Regulators Withdraw Plan to Allow Hemp-Derived THC Products in the Licensed Cannabis Market

Consumer safety concerns were a primary driver to halting the proposal.

Minnesota Hemp License Applications to Close April 30

Growers or processors interested in cultivating hemp this 2022 growing season must apply for a license through the MDA.

Louisiana House Committee Advances Legislation to Expand Medical Cannabis Access

The bills, now headed to the full House, would, in part, change the agency that regulates the industry and add a new institution to the list of those that can research medical cannabis.

Cannabis Reformist Presses Senate Quartet to Pass SAFE Banking

Rep. Ed Perlmutter says his legislation, which has passed the House six times, offers an “immediate solution to get cash off our streets.”

West Town Bank & Trust Launches Dedicated Cannabis Banking Program

The program aims to make financial services, such as banking and electronic payments, more accessible to cannabis businesses nationwide.

4/20 Deals and Events: 2022 Roundup

Today’s industry holiday gives dispensary owners and cannabis brands a chance to present new deals and engaging events to their customers. Here are some of this year’s offerings.

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