Industry Headlines: Page 66

New Mexico Brings in Colorado Industry Expert As Director of Cannabis Program

Todd Stevens, of Colorado-based Native Roots, is now the top cannabis regulator in the Land of Enchantment.

Council for Federal Cannabis Regulation Proposes to Congress a Framework for FDA to Regulate CBD

The council submitted a 26-page response to a formal request for information calling for immediate regulation under existing law.

Greenlight Continues Nationwide Expansion, Issues Third Quarterly Dividend to Shareholders

The Missouri-based MSO will enter Nevada through acquiring a retail facility in Las Vegas and plans to launch a cultivation facility in West Virginia.

Curaleaf Executive Chairman Boris Jordan Says Company Anticipates ‘Game-Changing Catalysts’ on Horizon

The multistate cannabis operator reported $339 million in quarterly revenue with a gross profit of $146.5 million.

Trulieve on Track to Exit 2023 as ‘Leaner, Stronger’ Company, CEO Says

The multistate cannabis operator reported a quarterly revenue of $282 million with a gross profit of $142 million and a net loss of $404 million.

Green Thumb Reports $18M in Cash Flow From Operations Despite Paying $52M in Taxes for Q2

The multistate cannabis operator had a net income of $13.4 million attributable to the company for the second quarter.

Trulieve Business Model ‘Reckless,’ Florida Attorney General Argues in New Ballot Measure Brief

Ashley Moody continued to hammer the state’s largest MSO in her attempt to keep adult-use cannabis illegal.

Maryland’s First Month of Adult-Use Cannabis Sales Indicates $1 Billion Market in Store

The state’s licensed retailers reported more than $87 million in combined cannabis sales for July.

STIIIZY Supports Pomona Parks and Schools With Donation

The cannabis retailer and brand presented Pomona Mayor Tim Sandoval with a check for $293,539 to help improve Pomona parks and schools this past Friday at the John F. Kennedy Park.

Columbia Care to Voluntarily Delist Common Shares From CSE

While the cannabis company is delisting from the Canadian Securities Exchange, it will continue trading on the Cboe Canada.

New York’s First Adult-Use Cannabis Retailer Garners $12 Million in Sales During First Six Months

Nonprofit Housing Works Cannabis Co. is using the proceeds to continue advancing community goals and life-saving initiatives for New Yorkers in need.

Cresco Labs Going Heavy on Florida, Pennsylvania Retail Growth

The company is planning ahead with pro-forma market potential lined up for its acquisition of Columbia Care.

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