Industry Headlines: Page 255

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement with Tryke

The move frees up $55 million in capital to further invest in the company's organic growth pipeline.

How Las Vegas' Planet 13 Shifted From Tourist Base to Locals Only

Planet 13's David Farris explains how the dispensary that once primarily served out-of-state visitors has transitioned to delivery-only and serving a new clientele during the coronavirus pandemic.

CBD Store and More Plows Ahead With Opening Amid COVID-19 Pandemic

Harvest Connect has opened its flagship CBD retail location with key adjustments to keep customers and employees safe. Here's how it's faring.

UC Davis Releases Report on California Cannabis Testing Costs

Researchers found that cannabis growers’ testing costs average $136 per pound.

'Folio:' Names Cannabis Conference Directors ‘Top Women in Media’

Folio: magazine recognizes Editorial Director Noelle Skodzinski and Director of Conferences & Events Maria Miller as leading women in media.

Adult-Use Cannabis Legalization Has Strong Support in New Jersey, According to New Poll

A poll conducted by Monmouth University found that 61% of respondents plan to vote in favor of a legalization initiative on November’s ballot.

Oklahoma Governor Says Legalizing Adult-Use Cannabis Won’t Help State’s Budget Shortfall

Gov. Kevin Stitt said the state’s medical cannabis program “looks a lot like recreational,” and that a taxed and regulated adult-use program wouldn’t do much to boost tax revenue.

Adult-Use Cannabis Dispensary Shutdown in Massachusetts 'Catastrophic' for Industry

After an unsuccessful lawsuit urging the state to allow adult-use operators to serve customers during the COVID-19 pandemic, attorneys and retailers note financial losses for industry and lack of access for customers.

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

How New York’s Etain is Serving Medical Marijuana Patients in the Epicenter of the COVID-19 Pandemic

The vertically integrated company has expanded delivery and discounts on 30-day supplies, in addition to following state social distancing and safety protocols.

Stay-at-Home Orders Keep 4/20 Sales Down This Year

Customers stocked up throughout the week leading up to the celebratory day, spreading purchases across a longer time frame.

Charlotte’s Web Donating $1M in Products to Honor Namesake Charlotte Figi

The company is giving away its CBD products to families who are in need as COVID-19 continues to spread across the country.

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