Business Issues/Benchmarks: Page 34

The Cannabist Co. Announces Debt Repurchase Agreement

The company’s agreement aims to reduce leverage by up to $25 million and decrease its interest expense.

Curaleaf Receives Approval to Begin Adult-Use Sales in New York

The multistate operator received the nod to open its first adult-use dispensary in the Hudson Valley region.

Dazed Cannabis Continues Retail Expansion, Turns Iconic Strip Club Into Dispensary

The newest storefront in Monson, Mass., joins the Black- and veteran-owned company’s other two retail locations in Holyoke, Mass., and New York, N.Y.

Theory Wellness Opens Boston's First Employee-Owned Dispensary in Medford

The first employee-owned cannabis company in Massachusetts will open its newest location on Sunday, Jan. 21. The location includes a full-service dispensary as well as the world's first cannabis beverage outlet.

PharmaCann Kicks Off Adult-Use Retail, Wholesale in New York

The company’s Verilife dispensary in Albany is the first medical cannabis facility to begin adult-use sales in the state.

New York Governor Moves to Repeal Potency-Based Cannabis Tax

In her state budget proposal for the 2025 fiscal year, Gov. Kathy Hochul proposed that New York do away with its potency-based tax structure for licensed cannabis operators.

Illinois Celebrates 3rd Year of Record Adult-Use Cannabis Sales Growth

Adult-use cannabis sales exceeded $1.6 billion in 2023, setting an annual record.

Michigan Caps Off $3 Billion Year in Cannabis Sales With Record-Breaking December

The state’s licensed dispensaries sold nearly 1 million pounds of cannabis flower in 2023 at an average cost of $92 per ounce to consumers.

Virginia Lawmakers Make Renewed Push to Launch Commercial Adult-Use Cannabis Market

Lawmakers in the House and Senate have introduced legislation that would pave the way for regulated adult-use sales nearly three years after former Gov. Ralph Northam signed a legalization bill.

The Cannabist Co. Announces New CEO, President

Co-founder Nicholas Vita retired as CEO, a position he held since 2012, but he will continue to serve as a member of the company’s board of directors.

How Etain's Corinne Klewsaat Works: Cannabis Workspace

Klewsaat, director of cultivation for Etain Health, one of New York's 10 original registered organizations in the medical cannabis program, shares her journey in the industry, tools she can't live without and a favorite failure she learned from.

9 Steps to Create a Successful Business Plan

Pashman Stein attorney Alana Hans-Cohen offers insight into crafting a comprehensive business plan, an essential part of launching a cannabis business.

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