Business Issues/Benchmarks: Page 77

Ascend Announces Two New Board Members; Paxhia Resigns

The multistate operator named Dan Neville and Joshua Gold to its board of directors as Emily Paxhia submits resignation.

How High Tide Became the ‘Costco of Cannabis’

Raj Grover, president, founder, and CEO of High Tide, dives into how the company has grown consistently and become a leader in the Canadian cannabis market through its differentiated retail approach.

Rhode Island Will Launch Adult-Use Cannabis Sales on Schedule

Five existing medical cannabis retailers have been approved by the state and will be the first to serve an expanded market on Dec. 1.

Oregon Regulators Address ‘Gaming’ of THC Potency Testing

The state’s cannabis commissioners approved a new rule that will require licensed labs to make samples available for compliance tests.

New York’s Cannabis Control Board Approves First Conditional Adult-Use Retail Dispensary Licenses

At its Nov. 21 meeting, the board approved 36 total retail licenses—28 for qualifying individuals and eight for nonprofits—and also voted to advance regulations for the state’s adult-use cannabis program.

Oregon Cannabis Retailer Kaya Shack Enters Sale-Surrender Settlement

Kaya Shack agreed to sell its Salem dispensary after two violations, including allegedly sifting broken glass out of cannabis flower.

California Cannabis Sales Hit 9-Quarter Low

The world’s largest legal market has also experienced declining tax revenues for five straight quarters.

Illinois Issues First Two Full Adult-Use Social Equity Dispensary Licenses

The Illinois Department of Financial and Professional Regulation issued the licenses to Ivy Hall in and Green Rose, both located in Chicago.

Hemp Innovations Foundation Funds Hemp Recycles Research Study

The study aims to determine the viability and sustainability of using hemp fibers for paper making versus traditional wood paper pulp.

Maine Officials Walk Back Guidance Limiting the Sale of Medical Cannabis Prerolls, Liquid Concentrates

Attorney General Aaron Fry said this week that he will not prosecute registered caregivers for selling the products, despite recent guidance that says otherwise.

Florida Governor Names Navy Vet Top Cannabis Regulator

Christopher Kimball will direct the Office of Medical Marijuana Use at a time of major anticipated expansion to the state’s medical market.

Are Water Conflicts Rising to the Surface?

Cannabis cultivators in the Western U.S. may face more restrictions and regulations as demand for water access increases, adding pressure on already depleted sources.

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