Industry Headlines: Page 133

Illinois Adult-Use Cannabis Retailers Record Nearly $2.7 Billion Since Legalization

Cannabis shoppers in The Prairie State spent more than $129.8 million at adult-use dispensaries in May.

New Mexico’s Adult-Use Cannabis Sales Surpass $21 Million in May

The state launched its adult-use market April 1.

Nebraskans for Medical Marijuana Picks Up Signature Steam For Ballot Initiative

The legalization advocacy group has collected roughly half of the signatures it needs to place a pair of measures on the November 2022 ballot.

Will Hemp Fiber Eventually Become the Norm for Uses in Tennessee’s Automotive Industry?

A Tennessee trade association, state department and university are partnering to study the feasibility of hemp fiber production for the economy, with a specific focus on automotive applications.

Verano Celebrates the Opening of Zen Leaf Wynnewood, the Company’s 100th Affiliated Dispensary in the Nation

Verano’s active operations span 13 states, comprised of 100 affiliated dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation.

Montana 2022 Cannabis Sales Eclipse $123 Million

The Treasure State continued to add to the chest during its fifth month of adult-use cannabis sales, despite medical sales slipping.

California Cannabis Licensees Impacted by Water Drought Can Request Disaster Relief

Climate change has caused severe water droughts in California communities, and the state expects this to continue through this year and beyond.

Aurora Cannabis Repurchases US$20 Million of Convertible Notes

Aurora further strengthens its balance sheet with accretive debt reduction.

Adult-Use Cannabis Legalization Initiative Approved for South Dakota’s 2022 Ballot

Secretary of State Steve Barnett validated South Dakotans for Better Marijuana Laws’ measure May 25.

Illinois Awards 48 Craft Grow Cannabis Licenses

The licenses had been delayed due to litigation brought by unsuccessful applicants.

TILT Holdings, Highsman Agree to East Coast Partnership

The strategic partnership will bring Highsman products to Tilt retail locations throughout Massachusetts and Pennsylvania.

Advocacy Leaders Launch #SAFE4Equity Campaign to Educate, Support Passage of the SAFE Banking Act

#SAFE4Equity supports the inclusion of the SAFE Act in the final package currently being negotiated by the Senate to provide relief for small minority-owned cannabis businesses.

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