Business Issues/Benchmarks: Page 24

Cannabis Rescheduling FAQ: What Now?

From potential timelines to 280E to SAFER Banking, legal experts explain the implications of the federal government reclassifying cannabis as a less dangerous substance.

From Custodian to Cultivation Supervisor

How Vera Diaz overcame an unstable childhood in the foster care system and worked her way up from a janitorial position at Root & Bloom to being a key member of the company’s cultivation team.

Cookies Intends to Acquire Cookies-Related Cannabis Assets in Florida

The move represents an important step in executing the company’s corporate strategy through centralized command and control of Cookies’ supply chain.

US Senate Democrats Forgo Addressing Intoxicating Hemp in 2024 Farm Bill Summary

Agriculture Committee leaders released framework for the bill’s reauthorization, which would reduce barriers for industrial hemp farmers.

SunStream USA Poised to Acquire Cannabis Assets

SNDL, through its joint venture in SunStream Bancorp Inc., today announced the SunStream USA group of companies (collectively, "SunStream USA Group") intends to proceed with the acquisition of equity positions in U.S. cannabis assets, resulting in majority equity positions in select assets of Surterra Holdings, Inc. (d/b/a Parallel) and Greenpeak Industries Inc. (d/b/a Skymint).

Planet 13 Receives Approval to Sell Florida License, Acquire VidaCann for $49 Million

The company’s sale of its Florida license is a closing condition of the acquisition agreement with VidaCann, which also owns a Florida license.

California County to Lower Cannabis Cultivation Tax as Outdoor Flower Price Drops to $277 Per Pound

The tax rate per square foot is set to decrease for outdoor, indoor and mixed-light cultivation in Sonoma County’s unincorporated areas; retail tax will increase.

The State of Federal Cannabis Reform Leads CBT’s Most-Read Articles in April

4/20 deals and events, California tax defaults, and nationwide municipal opt outs also highlighted Cannabis Business Times’ most popular stories this month.

WATCH: 4/20 Countdown in Times Square

Two cannabis brands celebrated the industry's biggest holiday in New York's famous district with a billboard takeover April 20.

High Tide Reports Nearly CA$2 Million in Cannabis Sales on 4/20

The Canadian cannabis company experienced a 35% increase in total sales across all retail platforms from the previous Saturday.

Delaware Marijuana Commissioner Works to Include Medical Operators to Kickstart Adult-Use Sales

Under current law, the state’s top regulator must establish a commercial market that omits an automatic transition pathway for existing cannabis companies.

Curaleaf Acquires Northern Green Canada in Strategic International Expansion

The deal bolsters the company's advantage in several key emerging markets, including Australia, New Zealand, Germany, Poland and the United Kingdom.

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