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Ayr Wellness to sell four Illinois dispensaries

Illinois News Joint

multi-state cannabis operator, announced in May 2022 it had closed the definitive agreement to acquire two Herbal Remedies Dispensaries. Ayr then acquired two more Illinois dispensaries, one in Hometown and one in Normal. Earlier this week, Ayr Wellness signed a letter of intent to sell all four Illinois dispensaries.

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IDOA announces Metrc implementation timeline

Illinois News Joint

The Illinois Department of Agriculture (IDOA) and the Division of Cannabis Regulation announced today an official Metrc implementation timeline for licensed cannabis businesses transitioning from BioTrack to Metrc as Illinois’ track-and-trace data system. Metrc has additional information and support available online here.

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Cannabis Is Helping Cultivate Jobs in More Than Dispensaries

Veriheal

There is a great amount of detail that goes into cultivating a successful crop of cannabis consistently. Cannabis-related businesses now employ more people than there are dental hygienists and bakers in the United States and will soon surpass the number of telemarketers and pharmacists.”

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How to choose the right community for your cannabis business

Leafly

Where can you open a dispensary? Good Tree Capital answers this and more in this article about the right place to open a cannabis business. The post How to choose the right community for your cannabis business appeared first on Leafly.

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Why Are So Many Cannabis Dispensaries Struggling?

Veriheal

Cannabis dispensary owners must make a fortune—at least, that’s what a lot of folks think. Sure, when legal sales first start out, cannabis dispensaries tend to do well. But what happens when the newness wears off and other dispensaries start to pop up? Let’s explore why dispensaries are struggling across the nation.

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What the Extreme Drop in Wholesale Prices Means for the Cannabis Industry

MJ Business Attorneys

Many cannabis cultivators and retailers are experiencing the painful realization that they’re selling a product with profit margins that are eroding as widespread legalization takes hold, and the signs of industry change are already becoming apparent. What’s the Best Move for a Cannabis Business License Holder?

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Cannabis business models 101

Leafly

What types of cannabis businesses are out there? Learn about weed business models from the experts on cannabis funding. The post Cannabis business models 101 appeared first on Leafly.

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