Industry Headlines: Page 71

TerrAscend to Acquire Maryland Dispensary for $22 Million

The multistate cannabis operator entered a definitive agreement that will expand its retail footprint in a region of the state with no direct competitors

Union Files Spying Charges Against Green Thumb Industries

Teamsters Local 777 filed the additional unfair labor practice charges against the multistate cannabis operator in Illinois.

UPDATED: Illinois Governor Signs Budget Bill With Cannabis Tax Provisions

Gov. J.B. Pritzker signed legislation that will allow licensed cannabis businesses to take state tax deductions that are currently prohibited at the federal level.

Red White & Bloom and Aleafia Health Execute Binding Letter Agreement for Business Combination

On a combined basis, RWB and Aleafia are expected to service approximately 3,000 retail locations in North America.

New Coalition Launches Campaign in Support of Cannabis Scheduling Reform

As the Biden Administration actively reviews the classification of cannabis under the Controlled Substances Act, a diverse group of cannabis companies and organizations is partnering with scientific and legal experts to launch the Coalition for Cannabis Scheduling Reform.

Verano Promotes Key Leaders on Executive Team

The promotions highlight the multistate cannabis operator’s execution of its strategic succession plan.

State Regulation of Cannabis Labor Relations: Lessons From Curaleaf’s New Jersey Experience

Curaleaf's recent licensing renewal episode in New Jersey calls into question whether state policies on labor relation compliance matters are overreaching what has generally been federal purview.

Colorado Governor Repeals Ban for Online Cannabis Sales

Gov. Jared Polis signed legislation that allows licensed retail stores to sell cannabis products online.

Maryland Regulators Propose Emergency Rules for Adult-Use Cannabis Industry

The regulations, pending final approval, will allow the market to launch July 1.

nuEra Cannabis Announces Agreement to Purchase Ieso Cultivation Facility in Illinois

One of only 20 full-scale cultivation licenses in Illinois, Ieso’s cultivation facility spans over 36,000 square feet of canopy, reaching a maximum of 210,000 square feet of flowering canopy.

Florida’s Adult-Use Measure Exceeds Signature Requirement for 2024 Ballot

The Secretary of State’s office has validated over 965,000 signatures for Smart & Safe Florida’s adult-use legalization proposal, which could go before voters next year.

Acreage Holdings CEO Elects to Resign in Leadership Transition

Peter Caldini is stepping down at the end of the month; Dennis Curran, the company’s chief operating officer, was appointed to assume the reins.

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