Industry Headlines: Page 167

Cresco Labs Announces Opening of 10th Pennsylvania Dispensary in Ambler

The opening expands the company’s Sunnyside brand in the state.

Resinate Partners With Arizona Dispensaries to Recycle Cannabis Packaging Waste

The company provides local businesses in various industries with Energy Pods, custom designed recycling bins that collect plastics.

Coalition to Regulate Marijuana Like Alcohol Turns In Additional Signatures in Ohio

The group submitted a total of 29,918 signatures.

Ayr Wellness Opens 44th Florida Dispensary in Pinellas Park

The new dispensary will occupy over 2,700 square feet of prime retail space on one of the most heavily traveled routes in Pinellas County.

Texas Gubernatorial Candidates Signal Support for Cannabis Decriminalization

Republican Gov. Greg Abbott and Democratic front-runner Beto O’Rourke have discussed their stances on cannabis policy reform on the campaign trail.

Viola Closes $13-Million Bridge Round

The Black-owned cannabis MSO received investment from a lead investor.

Colorado Sets New Record for Marijuana Tax and Fee Revenue in a Single Year

In 2021, Colorado collected over $423 million in revenue from marijuana sales, compared to the previous record of over $387 million in 2020.

Oregon State Research Shows Hemp Compounds Prevent Coronavirus From Entering Human Cells

Researchers found that a pair of cannabinoid acids bind to the SARS-CoV-2 spike protein, blocking a critical step in the process the virus uses to infect people.

Arkansas Medical Cannabis Sales Surpass $500 Million

The state’s dispensaries sold more than 40,000 pounds of medical cannabis in 2021.

Trulieve First in Florida Market to Offer Live Diamonds

All units of Live Diamonds by Muse, the company’s latest hydrocarbon extraction product, sold out within 24 hours.

Montana’s Adult-Use Cannabis Market Is Off and Running: Week in Review

Customers flocked to newly open dispensaries and bought more than $1.5 million in products last week.

Illinois Adult-Use Cannabis Sales Reach $1.38 Billion in 2021

The state also set a new record in December, when adult-use sales hit $138 million.

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