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Business Issues/Benchmarks: Page 18
AYR Wellness Reports Second Quarter 2024 Results
The company addresses 'near-term setbacks,' while highlighting how it is positioned both 'for growth and margin expansion in the second half of 2024,' following adult-use rollout in Ohio, and to capitalize on anticipated adult-use markets in Florida, and Pennsylvania.
Key Regulatory Changes in Colorado’s Marijuana Industry – What Businesses Need to Know
A law to streamline the state’s regulations for marijuana licensees will take effect Aug. 7.
Trulieve Reports $303 Million in Revenue in Q2 2024 Financial Results
The company’s revenue exceeded quarterly guidance in the second quarter as it looks ahead to Ohio’s adult-use sales launch at three retail locations.
Green Thumb CEO Urges DEA to ‘Do Their Job’ for Cannabis Rescheduling
Ben Kovler’s remarks came with the company’s second quarter financial results, which featured $280 million in revenue, an 11% year-over-year increase.
Tokyo Scientists Uncover Enzyme That Could Lead to Anti-Bacterial Pesticides for Cannabis, Other Crops
The enzyme plays a pivotal role in the biosynthesis of a compound used by pathogenic bacteria Xanthomonas to accelerate its ability to cause diseases.
Moving the Goalposts: State Regulation of Hemp-Derived Cannabinoids
Intoxicating hemp-derived cannabinoids are proliferating on the open market, and state regulators’ responses are all over the map. Here’s a look at the constantly evolving landscape and what the future may hold.
Verano to Acquire Virginia License, Assets From The Cannabist Co. for $90M
The vertically integrated license includes a cultivation and production facility and six dispensaries. The agreement also includes Arizona assets.
Hundreds Interested in Kentucky’s Medical Cannabis Licenses; Just 17 Apply So Far
Seventeen interested parties applied in the first three weeks of the two-month application period. There are 74 licenses available in a lottery system.
LeafLink Acquires Leading Cannabis Banking Platform Dama Financial
The acquisition will allow LeafLink to offer industry access to secure, compliant and reliable banking solutions.
Ohio Issues 15 More Licenses for Adult-Use Market
The state approved dual-use certificates of operation for eight cultivators, six processors and Ohio’s first testing laboratory. Dispensaries are next in line.
Special Report: 4 in 5 Cannabis Businesses Want Intoxicating Hemp Regulated; So Do Nearly 50% of Hemp Businesses
CBT’s new research reveals that 80% of cannabis businesses and 46% of hemp businesses feel intoxicating hemp-derived cannabinoids should be regulated like cannabis. Find these and other details about how the cannabis and hemp industries view intoxicating hemp-derived cannabinoids in Part I of this two-part special report.
Ohio Issues 1st Batch of Adult-Use Cannabis Certificates, Igniting the Market
The state’s regulators approved certificates of operation for four cultivators and six processors, officially allowing them to supply the adult-use market.
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