Industry Headlines: Page 73

Trulieve, Verano, Ascend Wellness Buckle Up for New Growth Markets

Reporting first quarter financials, CEOs from the three multistate operators are now regearing for more favorable business conditions.

FRITSCH Milling & Sizing, Inc., Selects HORIBA Scientific as Exclusive Distributor for The Americas

UPDATED: New Jersey Governor Signs Legislation to Provide Tax Relief to Cannabis Industry

A bill Gov. Phil Murphy signed into law May 8 allows businesses to deduct certain expenses on their state tax returns.

Missouri Cannabis Sales Already Outpacing Washington, Oregon, Nevada, Others

Since launching an adult-use program in early February, Missouri has put $350 million of cannabis sales in the books.

New York Governor Signs Legislation to Crack Down on Illicit Cannabis Market as Part of State Budget

The Office of Cannabis Management can now seize product and seek injunctions to close illicit shops, and the Department of Taxation and Finance can issue fines of up to $20,000 per day.

Connecticut Approves Green Coach Delivery as its First Adult-Use Cannabis Delivery Operator

The social equity cannabis company will start operations May 25.

Oregon Secretary of State Steps Down Amid Criticism of Her Role as a Cannabis Business Consultant

Earlier this year, Shemia Fagan had worked for two months as a paid consultant to Veriede Holding LLC—an affiliate of La Mota.

Bipartisan Legislation Reintroduced in Congress to Ensure Cannabis Businesses Have Access to Insurance Coverage

The CLAIM Act would allow state-legal cannabis operators to access worker’s compensation, property, casualty and title insurance.

Cannabis Seeds, Clones for Home Grows Now Available in Massachusetts’ Licensed Market

The state’s Cannabis Control Commission is now regulating seeds and clones as product offerings for consumers and patients.

Atlas Announces Closing of Acquisition of GreenSeal, Increasing Export Capacity and Strengthening Its Integrated Value Chain

The acquisition broadens Atlas Global’s capabilities with an innovative nursery and genetic selection program, enabling a differentiated pipeline of unique cultivars.

State of California Funds $2.7 Million for Pioneering Research of Legacy Cannabis Genetics and Culture

The grant will support a two-year study that will identify, document, and help to preserve the history, value and diversity of California's legacy cannabis genetics and the communities that steward them.

Trulieve Opens Georgia’s First Medical Cannabis Dispensaries

The company’s dispensary openings in Macon and Marietta come eight years after the state’s medical cannabis legalization bill was signed into law.

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