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Industry Headlines: Page 84
Colorado Officials Issue Advisory Over Cannabis Potentially Contaminated with Mold
Regulators have identified potentially unsafe levels of yeast and mold in adult-use flower produced by Beddor Claude LLC, doing business as Chronic Therapy.
New Poll Shows Majority of Americans Support Cannabis Legalization
A Pew Research Center survey revealed that 59% of U.S. adults believe medical and adult-use cannabis should be legal, while 30% believe it should be legalized for medical purposes only.
Ascend Wellness Files Registration Statement; Has Option to Issue $100M of New Securities
The multistate cannabis operator’s filing on Form C-3 contains a base shelf prospectus with the U.S. Securities and Exchange.
Connecticut Adult-Use Sales Could Be Delayed Until 2023
The fourth remaining medical cannabis producer—Theraplant—applied Nov. 10 to convert its facility to grow adult-use and medical cannabis. The application is still under review by the DCP.
Schwazze Opens an Additional Cannabis Dispensary in New Mexico Located in Sunland Park, Brings Total R. Greenleaf Store Count to 13
A grand opening event is scheduled for Wednesday, Nov. 23.
Ascend Announces Two New Board Members; Paxhia Resigns
The multistate operator named Dan Neville and Joshua Gold to its board of directors as Emily Paxhia submits resignation.
Rhode Island Will Launch Adult-Use Cannabis Sales on Schedule
Five existing medical cannabis retailers have been approved by the state and will be the first to serve an expanded market on Dec. 1.
Curaleaf Celebrates Opening of New Dispensaries in Orlando and Miami
The company's retail presence now at 54 locations in Florida and 144 nationwide
Michigan Regulators Warn of Increased Criminal Activity Against Cannabis Licensees
There have been 117 break-ins reported between April and November 2022, with the majority of incidents occurring at adult-use cannabis storefronts.
Oregon Governor Grants Pardon to 45K for Cannabis Convictions
Gov. Kate Brown indicated that all court records associated with the pardoned offenses will be sealed at the judicial level.
Florida Agriculture Commissioner Files Appeal After Judge Dismisses Lawsuit Challenging Federal Laws on Medical Cannabis and Firearms
At issue is a federal policy that prohibits certain people, including those who use illegal drugs, from purchasing and possessing guns.
California Cannabis Sales Hit 9-Quarter Low
The world’s largest legal market has also experienced declining tax revenues for five straight quarters.
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