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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.
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.
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.”
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.
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.
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?
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.
For a live menu, click here, or check our Dispensary Directory for more information about nuEra Aurora. For more Dispensary Spotlight Features, visit here. The post Dispensary Spotlight: nuEra Aurora appeared first on Illinois News Joint. Hours of operation are Monday to Wednesday from 10 a.m. Thursday to Saturday from 10 a.m.
Now, it seems that numerous medical marijuana dispensaries in South Dakota are closing their doors. In this article, youll discover the complicated history of legal cannabis in South Dakota, why recreational cannabis failed despite voters’ wishes, and why some medical dispensaries in South Dakota are now closing their doors.
Cannabis Conference and Cannabis Business Times announced the winners of the 2021 Cannabis Leadership Awards , which recognizes industry professionals who exemplify the leadership qualities needed to inspire and empower those around them and who work to better the industry and their communities. EDITOR: Heather Allman.
On Thursday, April 14, the state’s Cannabis Control Board (CCB) voted to award conditional cannabis cultivation licenses to 52 existing hemp farms within New York. The licenses will enable these local businesses to take advantage of the 2022 growing season, and […].
Woody Harrelson’s new dispensary opened for business, Thailand announced its giveaway of 1 million cannabis plants, and Vermont awarded its first cannabis cultivation license. Woody Harrelson Opens West Hollywood Dispensary. Vermont Issues First Cannabis Cultivation License. Let us know in the comments!
For a live menu, click here , or check our Dispensary Directory for more information about Nature’s Care Co. The West Loop dispensary can be reached by phone at 872-250-6520, emailed at info@naturescarecompany.com, found on Instagram @naturescare , Twitter @NaturesCareCo , and Nature’s Care Co. ’s Sunday through Saturday.
The state recently awarded cultivation licenses to six growers, all of whom are expected to launch their businesses in the next few months. Class 1 permits allow growers to cultivate the plant over 100,000 square feet of space. Class 2 licenses allow growers to cultivate the plant over 50,000 square feet of space.
December 5, 2022, Altius Dispensary hosted its grand opening as one of three new adult-use social equity dispensaries in Illinois. Altius was the recipient of the third of almost 200 new adult use cannabis dispensaries set to open in 2023 and beyond. For Dispensary Spotlight Features, visit here. to to 10 p.m. on Sundays.
For the recreational menu, click here , or check our Dispensary Directory for more information about Nature’s Care Co. The Rolling Meadows dispensary can be reached by phone at 847-754-4955, email at info@naturescarecompany.com, found on Instagram @naturescare , Twitter @NaturesCareCo , and Nature’s Care Co. ’s
It took until late 2017 for the first Maryland dispensary to open for business. The program is also becoming more patient-friendly, with more dispensaries opening and a wider range of products becoming available. The first MMJ dispensaries opened in Maryland in 2017. What cities in Maryland have recreational dispensaries?
This has gone hand-in-hand with a proliferation of high-quality MMJ dispensaries opening for business in the city. Not all medical marijuana dispensaries are created equal. In many states, MMJ dispensaries are hamstrung in what they can sell by draconian red tape and regulations within the local MMJ laws.
The bills would also allow for the expungement of certain prior convictions, delivery of medical marijuana to qualified patients, and restructures the medical marijuana licensure process to eliminate the requirement that business be vertically integrated. Send a message to your lawmakers in support of home cultivation rights.
While these businesses would benefit from being properly insured just like other businesses in America, they face the hurdle of current federal regulations against cannabis that label it a Schedule I controlled substance with no medical purpose and a high addiction rate. The post Can Cannabis Businesses Be Insured?
Meanwhile, those who hold the lucrative cultivation, processing, and dispensary licenses are finding new ways to profit, primarily by selling to out of state investors. Now, we believe that the needs of our patients are being overlooked in favor of business enterprises. Patients have faced lost jobs and needless DUI charges.
Some South Dakota lawmakers plan to visit marijuana businesses in other states and on tribal lands to get a firsthand look at how the drug is grown and sold before it becomes legal for medical use in the state.
Hawaii has put forth new regulations surrounding the cultivation of hemp, a class of cannabis plants that contain 0.3% David Ige signed an act establishing Hawaii’s Industrial Hemp Pilot Program , which allowed for the cultivation of hemp for the purpose of agricultural and academic research. or less THC. Although the U.S.
We did look at that, the number, and I think that we kind of looked at how many dispensaries we would have, and we didn’t want to open it up to a lot,” Pierre City Administrator Kristi Honeywell said Tuesday. “We To receive a city cannabis establishment license, however, applicants must meet a number of requirements.
Tahoe Hydro operates ~33,000 square feet of total cultivation and manufacturing space in its facilities in Carson City, Nevada, and Sparks, Nevada. The acquisition will add significant cultivation talent to Ayr’s already robust cultivation team, including 75 employees, which the Company plans to deploy both within Nevada and nationally.
Investors have taken note, pumping $10 billion into North American cannabis businesses last year — a good sign for budding entrepreneurs hoping to cash in on the green rush. It’s more difficult than starting a business in any other area,” says Schmitt, 43, a seasoned entrepreneur who previously worked in finance and construction.
As Florida’s leading medical cannabis physicians , CannaMD is committed to working closely with licensed dispensaries to ensure medical cannabis patients stay safe while continuing uninterrupted treatment during the coronavirus (COVID-19) crisis. UPDATE (3/19): MEDICAL MARIJUANA PHYSICIAN APPOINTMENTS. COLUMBIA CARE.
Akerna Connect is an eCommerce software which provides a suite of digital marketing tools to retailers and dispensaries so locations can reach their consumers and enhance the shopping experience through online ordering, loyalty programs, and text messaging. The tools that Akerna Connect provides our dispensary are game changing.
It is a scenario that frustrates legal cannabis businesses and law enforcement alike. While places like Colorado, unlike Ontario, have an abundance of legal dispensaries, illegal grow operations continue to exist. Owners, managers, and employees of marijuana businesses all need to be licensed.
cultivation and production facility (the “Facility”) in the Village of Matteson , Illinois, located outside of Chicago. With this announcement, we mark the beginning of a multi-phase expansion project to create the largest cannabis cultivation and manufacturing Facility in Illinois, one of the country’s fastest growing cannabis markets.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. That, coupled with various limitations imposed by the coronavirus, means dispensaries may have a limited selection of products when they first open.
The ownership group behind Native Roots , one of Colorado’s largest dispensary chains, is involved in an internal battle over $100 million. Native Roots operates twenty dispensaries in Colorado, as well as numerous marijuana cultivations and infused product facilities. Westword reports. million to Ginsberg and Jordan.
“We are very pleased to be expanding our retail market share in Maryland’s medical cannabis market and look forward to introducing our Green Goods dispensary brand to the Baltimore area,” said Chairman and Chief Executive Officer, Kyle Kingsley , M.D. million , including $4.0 million in cash, $2.0
In response to the recent legalization of medical cannabis in the state of Mississippi, the TVA released a public statement pertaining to its federal obligations, suggesting that it would be withholding services from any cannabis-related business. Currently, adults in Virginia over the age of 21 are able to cultivate cannabis at home.
The NM Political Report | Medical Cannabis Program
NOVEMBER 8, 2021
Recreational-use cannabis dispensaries in New Mexico are slated to open their doors in about five months, if not sooner. Continue reading Mystery surrounds the last cannabis production license DOH granted at The NM Political Report.
The measure would impose a civil penalty of $200 for the possession of up to one ounce of marijuana, as well as for the cultivation of up to two marijuana plants. Legislation is pending, Senate Bill 2134, to permit qualifying patients to cultivate personal use quantities of cannabis for therapeutic purposes. ND resident? ND resident?
As recreational cannabis continues to dominate, the number of dispensaries catering exclusively to medical patients has dwindled, leaving many individuals with fewer options for specialized care. The state’s first dispensary opened in 2015, sparking a wave of patient registrations.
AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today announced it recently broke ground on a new, state-of-the-art medical cannabis cultivation and processing facility in Bastrop, Texas. About Texas Original Compassionate Cultivation.
AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today brings TOCC’s reputation for high-quality, consistent formulations and market-leading products to the largest population of medical patients in the state with its first brand of gummies.
LD 1621 / SP 518 would allow licensed dispensaries to home deliver adult use cannabis to consumers 21 and older, only in jurisdictions that allow delivery services to operate. Legislation is pending, House Bill 1648, to remove all criminal and civil penalties for the use, possession, and cultivation of marijuana by adults. GA resident?
Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play. It wasn’t until October of 2020 that dispensaries began opening their doors to qualifying patients for the sale of medical marijuana.
The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Ieso holds one of only 20 full-scale cultivation licenses in the state. NuEra has also announced plans to open a new dispensary in DeKalb by spring 2024.
AUSTIN, Texas–(BUSINESS WIRE)– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, today announced it has partnered with Vertosa, a science-first cannabis company that creates the most effective and reliable active ingredients for infused products.
Unlicensed cultivators and dispensaries are running rampant, and many are complaining that the process for licensing is taking too long. Until very recently, there were only 53 licensed dispensaries open in the entire state, with a meager 20 in New York City. The current state of cannabis in New York is messy, to say the least.
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