Harvest Health & Recreation Acquires Six Additional Licenses In Home State of Arizona

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ARIZONA: Harvest Health & Recreation Inc, a vertically integrated public cannabis company with one of the largest footprints in the U.S., has entered into a binding agreement providing for it to acquire six additional licenses in Arizona. Upon closing, Harvest Health & Recreation Inc. (Harvest) will control 16 licenses throughout its home state of Arizona, the Read the full article…

Report: Retail Cannabis Tax Revenues Surpass $1 Billion In 2018

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DISTRICT OF COLUMBIA: State and local excise tax collections on retail adult-use cannabis sales surpassed $1 billion in 2018 — a 57 percent increase over 2017 levels, according to data compiled by the Institute on Taxation and Economic Policy. Annual excise tax revenues on adult-use cannabis sales ($1.04 billion) rivaled those for all forms of alcohol $(1.16 billion), Read the full article…

Ohio Board Of Pharmacy Awards Dispensary Certificate Of Operation In East Liverpool

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OHIO: The State of Ohio Board of Pharmacy today awarded a Dispensary Certificate of Operation to FRX Health, located at 1865 Dresden Ave., East Liverpool. For a list of all Dispensary Certificates of Operation, please click here.

Colorado’s Legal Cannabis Industry: By The Numbers

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COLORADO: How big is Colorado’s legal cannabis industry? According to the Colorado Department of Revenue Enforcement Division, there are 675 medical marijuana cultivators supplying 239 infused product manufacturers, with 735 cultivators supplying 549 retail stores in Colorado. Here are the official numbers as of January 2, 2019. Source: MED Resources & Statistics 

Oregon And Washington’s Top Marijuana Regulators In Conversation At 2019 Cannabis Collaborative Conference

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OLCC to Provide Program, Rules Updates at Portland Expo on January 23, 2019 OREGON: The top regulators from the Oregon Liquor Control Commission and the Washington State Liquor & Cannabis Board will reprise their conversation on the state of the legal cannabis industry in their respective states at the 2019 Cannabis Collaborative Conference (CCC). On Wednesday, January 23, 2019 Read the full article…

Ohio Medical Marijuana Control Program Generates First Day Sales Of $75K

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OHIO: On January 16, 2018, four Ohio dispensaries began selling medical marijuana to patients and caregivers. The following are the first day sales figures. Total sales: $75,000 The total volume of product sold: 8.7 pounds

Acreage Holdings’ Partner, Greenleaf Apothecaries, Opens The Botanist Dispensary In Canton, Ohio

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NEW YORK: Acreage Holdings, the United States’ largest vertically integrated, multi-state cannabis operator according to public filings, announced Greenleaf Apothecaries has opened its first “The Botanist” medical cannabis dispensary in Canton, OH. Acreage maintains a Management Services Agreement with Greenleaf that delivers Acreage’s operational expertise, product development capabilities, and “The Botanist” retail dispensary brand. Greenleaf Read the full article…

New Report: Legal Cannabis Market Projected To Grow 27% CAGR By 2023

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IRELAND: The legal cannabis market is projected to register a CAGR of over 27% by 2023, according to “Global Legal Cannabis Market 2019-2023″ a new report just added to ResearchAndMarkets.com. The latest trend gaining momentum in the market is the use of advanced techniques in cannabis cultivation. According to the report, one of the major drivers for this market Read the full article…

Worldwide Facilities Hires Norman Ives As Broker & Cannabis Specialist In Its NutraRisk Division

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CALIFORNIA: Worldwide Facilities has expanded the resources and institutional knowledge of its NutraRisk division, which specializes in Cannabis, Nutraceuticals and Dietary Supplements insurance coverage, with the addition of Norman Ives to its brokerage team. As a founding member of the national Marijuana Business Association (MJBA) and a Board Member of Washington’s Cannabis Alliance, Ives is Read the full article…

Cresco Labs Wins Second License In Pennsylvania For Three Additional Dispensaries

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has been awarded a second merit-based license for dispensary operations in Pennsylvania. The permit allows Cresco Labs six months in which to become operational before it can begin dispensing medical marijuana. The Company is licensed for three Read the full article…