Tag: CBT > Dispensary News: Page 31

Maryland

TerrAscend to Acquire Maryland Medical Dispensary for $6.75 Million

The company’s agreement with Blue Ridge Wellness comes just ahead of the state’s July 1 launch of adult-use cannabis sales.

June 27, 2023

New York

New York Governor Announces Results of State’s First Enforcement Actions Against Illicit Cannabis Retailers

The enforcement actions, carried out under a new law, resulted in the seizure of roughly 1,000 pounds of product, valued at nearly $11 million.

June 23, 2023

California

California Awards $4 Million in Grant Funding to Local Jurisdictions to License Cannabis Retailers

The Department of Cannabis Control announced that 18 municipalities will receive grant awards in Phase I of the Local Jurisdiction Retail Access Grant program.

June 21, 2023

Maryland

TerrAscend Receives Regulatory Approval for Acquisition of Peninsula Alternative Health

The transaction will add a second dispensary to the company's Maryland footprint in advance of adult-use sales, which will begin July 1.

June 20, 2023

Industry Headlines

New York Officials Issue First Adult-Use Cannabis Retail Licenses in Finger Lakes Region

The Cannabis Control Board approved 36 Conditional Adult-Use Retail Dispensary licenses June 15, including seven in the Finger Lakes region, which was previously blocked from receiving licenses through a court order.

June 16, 2023

Mergers and Acquisitions

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

June 8, 2023

Illinois

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.

June 8, 2023

New York

Settlement Allows New York Regulators to Issue Dispensary Licenses in Area Previously Blocked by Injunction

A federal lawsuit had barred the Cannabis Control Board from awarding cannabis retail licenses in the Finger Lakes region.

May 31, 2023

Cannabis Tax Law

Oregon Cannabis Retailers Must Prove Tax Compliance to Obtain or Renew Licenses

Gov. Tina Kotek has directed regulators to require state tax compliance before approving dispensary licenses, a move that will affect roughly 823 licensees.

May 17, 2023

New York

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.

May 8, 2023

Medical Cannabis Access and Pricing

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.

April 27, 2023

New Jersey

New Jersey Sold Nearly $555 Million in Cannabis in 2022

The Garden State’s licensed retail market was boosted by last April’s adult-use sales launch.

April 19, 2023