Industry Headlines: Page 134

Cresco Labs Announces Expiration of HSR Act Waiting Period For Proposed Acquisition of Columbia Care

The end of the 30-day waiting period brings the company one step closer to completing a roughly $2-billion deal by the end of the year.

UPDATE: California Governor’s New Budget Proposal Calls For Fewer Taxes, More Retail, New Method of Excise Tax Collection and Remittance

The revised proposal includes setting the cultivation tax at zero, moving the excise tax collection and remittance from distribution to retail, and funding jurisdiction to increase consumer access to legal cannabis.

Fast Take With Matt Darin, Curaleaf's New CEO

Curaleaf announced May 9 that Matt Darin, who was named president earlier this year, will now lead the multistate operator as CEO.

U.S. Customs and Border Patrol Admits Canadian Cannabis Workers Not Barred From Entering US

It sounds like a simple enough statement, but this headline follows years of complicated litigation.

‘Branding Is Your Image’: How CULTA Approaches Cannabis Marketing in Maryland’s Medical Market

Creative Director Chris “Cheeto” Batten shares insight into recent digital branding and design awards the business has received, as well as the vertically integrated company’s overall branding strategy.

Lowell Farms, Schwazze Partner in Colorado and New Mexico

The strategic licensing agreement will bring Lowell Smokes to both state markets by the fourth quarter of 2022.

LA Reopens Verification Period for Social Equity Program Starting May 26

Social equity applicants must have a prior cannabis-related arrest or conviction in California. They must also either qualify as low-income or have a cumulative residency of 10 years in a Disproportionately Impacted Area.

California’s Small Cannabis Farmers Form Digital Cannabis Marketplace

Emerald Road, a cryptocurrency-exclusive, blockchain-backed e-commerce platform, allows consumers to interact with farmers and purchase product for delivery.

Executive Take: New Curaleaf CEO Matt Darin Details Florida Expansion

The company recently announced plans for three new dispensaries in Florida, where more than 37% of its U.S. retail footprint is now dedicated.

Jushi Holdings Expands Retail Footprint in California With 32nd Store Opening

The new store, located between Ocean and Pismo Beach at 923 Huber Street, is the fourth and final retail dispensary permitted in Grover Beach.

Cannabis Businesses Sue Detroit Over Adult-Use Ordinance

The plaintiffs are challenging a provision that bars medical cannabis operators from receiving an adult-use license until 2027.

Thailand to Distribute Cannabis Plants for Home Cultivation

The government plans to provide one million plants to citizens once legal restrictions on cannabis possession and production are lifted next month.

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