Business Issues/Benchmarks: Page 48

Cannabis Payment Company Spence Labs Files Lawsuit Against Fidelity, Subsidiary Worldpay

The plaintiff claims Fidelity National Information Services breached a contract to develop financial technology for licensed cannabis dispensaries.

Big Plan Holdings Partners With Evelyn Capital to Acquire Ascend Wellness Retail Operation in Pennsylvania

The acquisition agreement for a 1.25-acre location in Monaca comes to the tune of $3.25 million.

Council for Federal Cannabis Regulation Proposes to Congress a Framework for FDA to Regulate CBD

The council submitted a 26-page response to a formal request for information calling for immediate regulation under existing law.

How Taxing THC Could Support Industry Growth and Progress

As cannabis markets open, THC can create controversy and limit product diversity. CBT Columnists Robert C. Clarke and Mojave Richmond explain why a tax system based on the compound’s potency could promote development and reduce the overall burden on the industry.

Cannabis Companies Still Working Against the ‘Big Lie’

As cannabis legend Mel Frank notes in the August 2023 cover story, the lack of banking access and ability to deduct expenses “shows just how entrenched the ‘Big Lie’ about cannabis still is.”

Greenlight Continues Nationwide Expansion, Issues Third Quarterly Dividend to Shareholders

The Missouri-based MSO will enter Nevada through acquiring a retail facility in Las Vegas and plans to launch a cultivation facility in West Virginia.

Up or Down? A Look at Sales So Far in Adult-Use Cannabis States

Midyear reports are out. Here’s a look at year-over-year cannabis sales in adult-use states.

How to Leverage ESG Strategies in the Cannabis Industry

Focusing on more sustainable energy practices in cultivation is one way to incorporate a key tenet of ESG.

Michigan Now on Pace to Become $3-Billion Cannabis Market in 2023

State licensed dispensaries smashed the monthly sales record with $277 million at the register in July as flower prices climbed.

Research Explores How to Reduce Transplanting Stress in Autoflowering Cannabis

A trial conducted in Western New York sheds insight on how transplant timing and container size can impact plant growth in autoflowering plants.

What Cannabis Brands Can Learn From Craft Beer About Product Development and Brand Management: 4 Tips

After spending more than two decades with The Boston Beer Company, Jay O’Malley, vice president of marketing and research development for MariMed, says cannabis brands and their buyers are growing up together, leaving plenty of uncontested market space where companies can innovate and create demand.

Curaleaf Executive Chairman Boris Jordan Says Company Anticipates ‘Game-Changing Catalysts’ on Horizon

The multistate cannabis operator reported $339 million in quarterly revenue with a gross profit of $146.5 million.

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