Business Issues/Benchmarks: Page 151

Canada Eclipses CA$3.9 Billion in Cannabis Sales for 2021

Despite a record year, the Great White North’s retail industry is leveling off amidst a supply-and-demand revelation.

Cannabis Users Want Full Information and Verification of Product Safety According to New SICPA/Harris Poll Study

More than 4 in 5 users want evidence that products have been tested for safety and potency.

New Jersey Misses Cannabis Launch; Governor Says Adult-Use Sales to Begin ‘Within Weeks’

The state missed another self-imposed target date, but Gov. Phil Murphy expressed optimism in the forthcoming retail market.

Arizona Cannabis Testing Lab to Pay $470K to Keep License

The settlement agreement comes after state inspectors filed multiple violations against OnPoint Labs and another testing facility.

How to Win a Cannabis License in New York: 4 Tips for Success

Canna Advisors co-founder Jay Czarkowski shares his advice for entrepreneurs looking to secure an adult-use license in the Empire State when the application process launches later this year.

Leafly Reports 428,059 Jobs in the U.S. Cannabis Industry

The growth in the cannabis workforce mirrors the industry’s skyward trajectory writ large.

New York Governor Signs Bill to Allow Hemp Businesses to Grow Cannabis for Adult-Use Market

Hemp farmers can apply for a new Conditional Adult-Use Cannabis Cultivator license to grow adult-use cannabis during the 2022 growing season.

California Cannabis Banks $5.2 Billion in 2021 Sales

The world’s largest market, California has sold $13.5 billion of adult-use cannabis since launching sales in 2018, providing $3.4 billion in total taxes.

MedMen to Withdraw Allegations Against Ascend Wellness in M&A Lawsuit

Counterclaims in the lawsuit asserted that Ascend Wellness executives exerted political pressure on Gov. Kathy Hochul’s administration to foster deal.

Alberta Cannabis Retailers Hustle to Prepare For Online Sales Launch

The province will shut down its government-run sales website March 8, allowing licensed cannabis operators to launch online and delivery services.

New Mexico Cannabis Provider Seeks Insurance Coverage for Patients

Ultra Health sent a letter to health insurers asking for verification of cannabis coverage as a behavior health service.

#3 | 3 Lefts Cannabis

In just three years since launching in Michigan in 2019, 3 Lefts Cannabis—the exclusive brand from Arcanna—has established itself as a great place to work.

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