Industry Headlines: Page 26

President Joe Biden Commutes Sentences for Nearly 2,500 Nonviolent Drug Offenders

The latest act means Biden has granted more individual commutations than any other president.

National Cannabis Roundtable and US Cannabis Council Merge to Represent Industry Interests in Washington

The two largest industry groups agreed to combine their policy advocacy efforts to form the US Cannabis Roundtable as a leading voice for reform.

Trulieve Opening 4th Ohio Cannabis Dispensary in Zanesville

The company’s new retail facility in Muskingum County will host a grand opening celebration on Jan. 17.

Eaze Closes Asset Purchase, Plants 1st Cannabis Crop at Green Dragon Facility in Florida

The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet.

Village Farms International Comments on Delayed Cannabis Rescheduling Process

The hearing’s designated participant views the delay as an imperative administrative step and symbolic win for the industry against a ‘conflicted’ DEA.

Nevada Cannabis Workers at Ayr Wellness Ratify 1st Union Contract

The contract includes 120 workers across three dispensaries and one delivery depot in Las Vegas and Henderson.

Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes

The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.

PharmaCann Cannabis Cultivation Workers Vote to Unionize in Illinois

The workers united in Dwight, Ill., to join Teamsters Local 777, expanding the union’s footprint in the cannabis supply chain.

California Offers Tax Relief to Businesses Impacted by Los Angeles Wildfires

In response to the recent wildfires, the state has extended the Jan. 31, 2025, sales-and-use tax filing deadline for Los Angeles County taxpayers until April 30, 2025.

High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH

The acquisition will give High Tide a majority stake in Purecan’s profitable operations.

CRA Announces 103 Social Equity Licensees Will Share $1 Million through the 2025 Social Equity Grant Program

New Data Shows Adult-Use Cannabis Legalization Corresponds with Drops in Teen Use

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