Business Issues/Benchmarks: Page 16

Missouri Hemp Trade Association Suing State Over Governor’s Intoxicating Product Ban

The association is seeking an injunction to stop the Department of Health and Senior Services from embargoing products with intoxicating hemp-derived cannabinoids.

Custom Cones USA Report Reveals Pre-Roll Industry Generated $4.1 Billion in Sales Over 18 Month

The company partnered with industry intelligence provider Headset to provide insights into the current state of the pre-roll market.

SNDL Selected as the Successful Bidder to Acquire Indiva

The transaction is expected to enhance SNDL's product offerings and further solidify the company’s position in the Canadian cannabis market.

Ohio Cannabis, Federal Rescheduling, GTI’s Former Partnership With Bobby George Lead CBT’s Top Stories in August

From Ohio’s sales launch to a rescheduling hearing and to a man facing nine felony charges, don’t miss out on the most-read articles this month.

Ohio Cannabis Dispensaries Report $56.5 Million in First 19 Days

The Buckeye State’s retailers have sold nearly $33 million in adult-use cannabis and $23.5 million in medical cannabis since the market expanded.

1st Sovereignty Summit to Bring Together Tribal Nations for Cannabis Education

The summit will explore legal and regulatory frameworks for tribal cannabis ventures and more to help establish a ‘structured and sustainable’ sovereign cannabis market.

Ascend Wellness Holdings Removes CEO, Terminates CFO

The cannabis company appointed board Director Samuel Brill to replace John Hartman as CEO. The company also appointed a new president and CFO.

Arkansans Buying More Medical Cannabis Ahead of Potential Program Expansion

The state’s 37 dispensaries rang up nearly $23 million in July sales, as medical cannabis advocates scramble to collect extra signatures for a ballot measure.

The Cannabist Co. Enters $16.4 Million Definitive Agreements for Florida Assets

The company is selling 14 dispensaries and two cultivation facilities to joint venture partners MINT Cannabis and Shango. A third cultivation facility is part of a separate agreement.

Verano Closes Acquisition of Arizona, Virginia Subsidiaries of The Cannabist Co.

The acquisitions expand Verano’s footprint to 14 states, 15 cultivation and products facilities, and 150 dispensaries nationwide.

176 Applications Filed for Kentucky’s Medical Cannabis License Lottery

The application period runs through Aug. 31. The state plans to award 74 licenses through a lottery system.

Ohio Dispensaries Ring Up $38.4 Million in Cannabis Sales in First 12 Days

The Buckeye State is now on pace for a $1.2 billion annual run rate for combined adult-use and medical cannabis sales.

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