Business Issues/Benchmarks: Page 66

Ayr Wellness to Sell Arizona Assets, Announces Option to Acquire Ohio Dispensary Licenses

The publicly traded multistate operator signed a definitive agreement to sell three retail facilities in greater Phoenix and two cultivation facilities.

Good Day Farm Transitions to Missouri’s Adult-Use Market With Eye Toward Medical Patients: The Starting Line

The company, which previously served the state’s medical market, opened for adult-use sales Feb. 3 with what Head of Retail Ryan Herget calls a “relentless focus on the consumer” and the patients who started it all.

From California to New York: How Interstate Commerce Will Reshape the American Cannabis Market

How could interstate commerce change the cannabis industry, and how could it begin?

Massachusetts Cracks $5 Billion in Total Cannabis Sales

The state’s consumer demand is still growing faster than prices are falling, but that gap closed significantly in 2022.

4 Tips For Cultivating a Powerhouse Cannabis Grow Team

Just as roots are the foundation of a strong cannabis plant, your employees are the foundation to a successful grow.

How 22nd Century Group Supplies Cannabinoids for Clinical Trials

Amid the FDA’s evolving guidance, the plant biotechnology company, which has long focused on the tobacco industry, has expanded to the cannabis space to create commercially desirable cultivars.

Colorado, Oregon Face Steepest Cannabis Market Corrections

The two states had the largest sales declines among five adult-use cannabis markets with year-over-year drops.

UPDATE: Florida to Issue Additional Medical Cannabis Licenses, Increase Application Fees

The state’s Health Department issued an emergency rule that would allow regulators to accept new license applications in a batching process.

Hemp Building Institute Opens to Help Progress Industry Forward

HBI President and Founder Jacob Waddell will work alongside a board of directors of industry professionals to help tackle industry-wide barriers and establish the necessary standards and testing procedures for hemp building materials.

Cannabis Conference 2023 Registration Now Open

Lowest pricing is available today through March 15 for the industry-leading event for plant-touching businesses.

UPDATE: Hong Kong Bans CBD

Starting Feb. 1 any individual who manufactures CBD products could face a maximum penalty of life imprisonment and a $5 million fine.

Finding the Best Path Forward: FDA’s Norman Birenbaum Talks Hemp-Derived Product Regulation

The FDA’s senior public health adviser discusses the agency’s recent announcement that Congress must establish a new regulatory framework for hemp-derived products—and what comes next.

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