Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
A Massachusetts municipality became the first in the state to stop assessing a controversial 3% “community impact fee” on licensed cannabis businesses. […]
Month: January 2021
Arizona’s initial adult-use marijuana licensing leaves some cities underserved
Arizona might have opened adult-use marijuana sales last week, but the initial round of retail licenses, whether by design or not, leave […]
Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a whopping 175% – and investors are […]
Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing facility in Alachua, Florida, […]
France chooses companies to supply free medical cannabis for trial program
The French Agency for the Safety of Medicines and Health Products (ANSM) selected the companies that will supply France’s medical cannabis pilot […]
Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s social equity-focused delivery licensing plan after a swift […]
Analyst warns of closures, consolidation amid Canadian cannabis glut
The Canadian cannabis industry should brace for more facility closures, bankruptcies and consolidation amid a worsening oversupply situation, Jefferies analyst Owen Bennett […]
Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as […]
Cannabis industry enters 2021 with fresh markets, greater possibilities amid continuing challenges
Let’s face it: As terrible as 2020 was for numerous business sectors, it was surprisingly good for the cannabis industry in multiple […]
Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the state’s adult-use cannabis program with sales beginning less than […]