Industry Headlines: Page 75

Study Finds Overreporting of THC Potency in Colorado Cannabis Products

The research did not determine the exact source of the discrepancies but noted that some likely factors causing this issue are a lack of regulatory oversight, limited testing protocols and financial incentives to market high-THC potency.

Michigan Sells Record $250 Million of Cannabis in March, Despite $87 Ounces

The state’s retail market is thriving on record demand for dried flower, vape cartridges, concentrates, edibles and more.

MSOs Verano, Acreage Fined by New Jersey Regulators, Again

The cannabis companies’ Zen Leaf and The Botanist dispensaries each received $5,000 in penalties related to patient access.

New Hampshire House Passes Adult-Use Cannabis Legalization Bill

House Bill 639, now headed to the Senate, would legalize the possession, purchase, use, gift and transport of cannabis for adults 21 and older.

Illinois Approaches $4 Billion in Cannabis Sales; Out-of-State Numbers Continue to Slip

The Prairie State’s first quarter sales are up 6% over last year despite fewer Missourians crossing the state line to make purchases.

Tilray Medical Expands Commercial Footprint in Europe and Broadens Distribution Across the Czech Republic

Tilray Medical has expanded its European footprint across the Czech Republic through a new export and distribution partnership with Cansativa Group.

New York Officials Issue 99 Additional Adult-Use Dispensary Licenses

Thirteen of the Conditional Adult-Use Retail Dispensary licenses went to applicants in regions that were previously blocked from receiving licenses due to litigation.

New Mexico’s Adult-Use Cannabis Market Rakes in More Than $300 Million During First Year of Sales

The state’s dispensaries have processed more than 6 million adult-use transactions since the market launched on April 1, 2022.

MariMed Receives Approval to Once Again Produce, Sell High-Dosage Edibles in Maryland

The company plans to add 40-milligram products across its entire edibles portfolio in the coming weeks.

New Law Allows DC’s Cannabis ‘Gifting’ Retailers to Obtain Medical Cannabis Licenses

The Medical Cannabis Amendment Act of 2021, which took effect last month, eliminates the cap on the number of dispensaries in the district, allowing unlicensed shops to apply for licenses.

TerrAscend Promotes Ghanem to CEO

Ziad Ghanem spent the past 15 months as the company’s president and chief operating officer.

Hopes Fade for Kansas Medical Cannabis Legalization Bill

A Senate committee has tabled debate on legislation to legalize medical cannabis, meaning that the bill is unlikely to advance before the legislative session concludes in early April.

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