WSLCB Listen And Learn Forum: Draft Conceptual Rules Regarding Voluntary Licensee Consultation And Education Program Rules

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WASHINGTON: The Washington State Liquor and Cannabis Board (WSLCB) is hosting a Listen and Learn forum about draft conceptual rules regarding the voluntary cannabis licensee consultation and education program. Please join us on March 11, 2020, from 9:00 a.m. until 12:00 p.m. at our Headquarters Boardroom, located at 1025 Union Avenue SE, in downtown Olympia. You Read the full article…

Viola Launches Viola Cares With National Non-Profit Organization Root And Rebound

Viola Teams Up With Rebound

Social Impact Initiative Aims to Destigmatize Minority Representation and Increase Social Equity Within the Cannabis Industry CALIFORNIA: Viola, a nationwide leader in the production and sale of premium quality cannabis products founded by NBA veteran Al Harrington, today announced the official launch of its social equity initiative - Viola Cares. Through education, equitable offerings, expungement, and incubation programs, Read the full article…

USDA Publishes “Economic Viability Of Industrial Hemp In The United States: A Review of State Pilot Programs”

USDA Hemp Viability Report

BY TYLER B. MARK, JONATHAN SHEPHERD, DAVID OLSON, WILLIAM SNELL, SUSAN PROPER, AND SUZANNE THORNSBURY After a hiatus of almost 45 years, the 2014 Farm Bill reintroduced industrial hemp production in the United States through State pilot programs. This study documents outcomes and lessons learned from the State pilot programs and examines legal, agronomic, and economic Read the full article…

Acreage Announces Grand Opening Of The Botanist By Compassionate Care Foundation in Atlantic City

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The Botanist by Compassionate Care Foundation is the first The Botanist dispensary to open in the state of New Jersey NEW JERSEY:  Acreage Holdings, one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., today announced the opening of The Botanist by Compassionate Care Foundation on Saturday, February 22, 2020, Read the full article…

Illinois: Pritzker Administration Announces Revenue Figures For First Month Of Adult Use Cannabis

Marijuana is big business

ILLINOIS: The Illinois Department of Revenue announced that adult-use cannabis sales generated $7,332,058 in cannabis tax revenue during the month of January, with an additional $3,147,928.29 generated in retail sales tax revenue. Governor Pritzker’s recently released budget conservatively estimated the state would collect $28 million in cannabis tax revenue during the remainder of the fiscal Read the full article…

Cannabis & CBD Retail Market To Reach $33 Billion In 2024

CBD Infusionz Gummies

MARYLAND:  U.S. retail sales of cannabis and CBD products reached $14 billion in 2019, and are on pace to increase 18% per year to $33 billion in 2024, according to data published in Cannabis and CBD: U.S. Retail Market Trends and Opportunities, the latest report by leading market research firm Packaged Facts. Cannabis products can be segmented by delivery format—i.e., the Read the full article…

OLCC Commission Approves Marijuana Licensee Stipulated Settlements

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OREGON: At its monthly meeting on February 20, 2020, the Commissioners of the Oregon Liquor Control Commission approved three marijuana violation stipulated settlement agreements: Slabtown in Portland will pay a fine of $5,280 AND serve a 32-day recreational marijuana retailer license suspension for two violations. Licensee is: Slabtown Proprietors, LLC; Portadelphia, LLC, Member; Albert Corrado, Member/Manager; Rose City Brands, LLC, Member; Troy Patterson, Member; CannaRefinery, LLC, Read the full article…

OLCC February Commission Meeting Is Thursday, February 20, 2020

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Thursday, February 20, 2020 9:00 a.m. AGENDA OLCC Commisioners: Chairman Paul Rosenbaum Jennifer Currin Kiauna Floyd Michael Harper Matthew Maletis Hugh Palcic Marvin Révoal For more information, contact: 503-872-5006 / 1-800-452-6522 laura.paul@oregon.gov Commission Meeting Calendar

Acreage Announces Resignation Of Board Member Bill Weld To Focus On Presidential Campaign

Bill Weld For President 2020

NEW YORK: Acreage Holdings, announced that Bill Weld, former Governor of Massachusetts and a 2020 Republican candidate for President of the United States, has resigned as a member of Acreage’s Board of Directors to focus on his political campaign. “I have greatly enjoyed working with CEO Kevin Murphy and the other members of the Board to help Read the full article…

Cresco Labs Names Former Molson Coors Marketing Executive Greg Butler Chief Commercial Office

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced a high-profile leadership hire to support its steadfast commitment to building the most important cannabis company in the U.S. Greg Butler joins Cresco Labs as its first Chief Commercial Officer. Greg brings to Cresco Labs a strong Read the full article…