The Curious Case of 420: Where did it come from?
The Curious Case of 420: Where did it come from? The term 420 is now widely associated with marijuana use, but its origins are still something of a mystery. While there are many theories about how it came to be associated with cannabis, the most likely story is that it started with a group […]
The 420 Special Episode | Cannabis Legalization News
The 420 Special Episode | Cannabis Legalization News 420 is a special day for cannabis fans all over the world. It’s a day to celebrate the plant, and to advocate for its legalization. In some places, like Colorado, 420 has become a holiday, with celebrations and events happening all over the state. This year, […]
The Biggest Day for Cannabis Sales
The Biggest Day for Cannabis Sales The Biggest Day for Cannabis Sales As 420 and April 20 approaches, Akerna has released a report examining the expected sales for the cannabis industry. According to their projections, nearly $130 million will be spent on legal cannabis on 420, making it the largest sales day in history. This […]
New York Releases First Adult Use Cannabis Cultivation Licenses | Provisional Cultivation Licenses
As part of its ongoing effort to implement a regulated adult-use cannabis program, today Governor Cuomo announced that the Cannabis Control Board approved 52 Adult-use Cannabis Conditional Cultivator Licenses. These are the first adult-use cannabis licenses granted in New York State and they advance the Seeding Opportunity Initiative. “New York’s legal cannabis program […]
How to Increase Your Chances of Securing a Business License | Conditional Applications
How to Increase Your Chances of Securing a Business License | Conditional Applications As the plants’ industry continues to evolve, so too does the application process for those interested in entering the field. In order to ensure that opportunities are available for all members of society, the state of California has implemented a priority review […]
New Jersey Conditional Licenses out | Heady NJ’s Dan Ulloa Reports
As New Jersey’s Cannabis Regulatory Commission met late last month, those closely watching the state’s push toward legal weed thought history would be made and the stage would be set for sales to begin sometime this spring. However, the panel rejected eight applications from medical marijuana dispensaries – formally known as alternative treatment centers – […]
New Mexico’s Historic Opening Weekend of Cannabis Sales | New Mexico Cannabis News
New Mexico’s Historic Opening Weekend of Cannabis Sales | New Mexico Cannabis News Cannabis sales in New Mexico reached $4.5 million during the opening weekend of legal sales, making it a historic moment for the state. This is a huge success for New Mexico, which has been working towards cannabis legalization for many years. […]
Verbal Offers Aren’t Worth the Paper They’re Written On
Verbal Offers Aren’t Worth the Paper They’re Written On When it comes to cannabis businesses, verbal offers are not worth the paper they are written on. This is because cannabis businesses should always follow up verbal offers with a written email in order to avoid having deals ruined by people that will say anything. Additionally, […]
The Impact of the Delay on the New Jersey Economy
The Impact of the Delay on the New Jersey Economy The New Jersey Cannabis Regulatory Commission has delayed the adult-use market again, citing a lack of supply from current medical operators as one reason for the postponement. According to one multi-state operator, that shouldn’t be the case. In an exclusive statement provided by the NJ […]
Increase In Cannabis Net Sales For Cresco Labs in 2021
Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]
