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 […]
The MORE Act: A Closer Look at the Proposed Legislation
The MORE Act: A Closer Look at the Proposed Legislation As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally […]
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization In a move that signals the cannabis prohibition is far from over, Protect Our Kids PAC has launched to fight legalization. The new political action committee (PAC) will target pro-legalization candidates and support those who oppose the policy in […]
What To Do If You’re Struggling With Your Cannabis Business
Cannabis businesses can be difficult to manage, especially if you’re not used to doing the math. If you’re struggling to keep your business afloat, don’t worry – we can help. In this article, we’ll go over some of the key things you need to know in order to figure out if your cannabis business is […]
MORE Act Gets Congressional Vote….Again
MORE Act Gets Congressional Vote….Again In December of 2020, the MORE Act was passed by the U.S. House of Representatives by a margin of 228-164. However, the Senate didn’t take any action on the measure and it had to start over after the new Congress was sworn in. On May 28, 2021, Rep. Jerrold Nadler […]