Wholesale cannabis prices stabilized or rebounded in some key markets through the summer, but cultivators should brace for renewed downward pressure as the fall harvest boosts inventories through the end of the year, experts say. Chalk it up to simple supply-and-demand dynamics. “Over the course of this month, you start to see a huge buildup of inventory across the industry,” … [Read more...] about Wholesale cannabis prices rise in key states, but downward pressure expected
Connecticut
The top cannabis dispensaries in CT, according to Leafly
Cannabis website Leafly has released its list of the best six cannabis dispensaries in Connecticut. At the top of the list is The Botanist in Danbury, citing what Leafly described as the friendly demeanor of staff and wide variety of available products. “Locals in Connecticut value dispensaries that put an emphasis on customer education, comfortable environments, and friendly … [Read more...] about The top cannabis dispensaries in CT, according to Leafly
Wilton smoke shop owner arrested for illegally selling cannabis products, police say
Wilton police say the owner of Mohegan Smoke Shop was arrested last week after illegally selling cannabis products at Danbury Road business. WILTON — The owner of a Danbury Road smoke shop is facing charges of illegally selling cannabis products at his store. Wilton police said the owner of Mohegan Smoke Shop at 14 Danbury Road was arrested on Thursday. According to police, … [Read more...] about Wilton smoke shop owner arrested for illegally selling cannabis products, police say
Former Cannabis CEO Overseeing State Regulation Raises Eyebrows
A former cannabis executive is now overseeing the state’s enforcement of the industry, drawing concerns from cannabis and hemp advocates about conflicts of interest and competition. Jennifer Mandzuk, former CEO at Theraplant, a licensed marijuana producer in Watertown is now a cannabis program manager with the Department of Consumer Protection.“It’s pretty common across all of … [Read more...] about Former Cannabis CEO Overseeing State Regulation Raises Eyebrows
A Trip to Burn N’ Learn
It was a rainy Sunday, the kind of day that made you want to curl up on the couch with a good book or binge-watch your favorite TV series. But for me and my buddy Viking Bob, it was an opportunity for something different, something adventurous. We had heard about the Burn n Learn Center in North Branford, a place where cannabis enthusiasts gathered to learn, experiment, and … [Read more...] about A Trip to Burn N’ Learn
Connecticut Cannabis Sales Continue To Rise in August with $25 Million in Sales
New data on monthly cannabis sales in Connecticut shows that numbers have increased yet again. The Connecticut Department of Consumer Protection (DCP) said in a press release that between Aug. 1-31, the combined total of both adult-use cannabis and medical cannabis sales reached almost $25 million. “The adult-use market recorded more than $14 million in sales during the month … [Read more...] about Connecticut Cannabis Sales Continue To Rise in August with $25 Million in Sales
Connecticut marijuana testing lab closes, leaving state with one
Connecticut’s regulated marijuana industry has been left with a single licensed testing laboratory after the closure of one of the state’s two authorized labs. New Britain-based AltaSci Laboratories closed in March, the New Haven Register reported. The lab’s closure was not related to any disciplinary action by the state government, a Connecticut Department of Consumer … [Read more...] about Connecticut marijuana testing lab closes, leaving state with one
Can Tilray successfully synergize its cannabis, alcohol businesses?
With its right hand, Tilray Brands has consolidated a swath of the Canadian cannabis market, most recently buying Hexo Corp. in its quest to grow market share. With its left hand, Tilray has gone on a beverage alcohol acquisition bender in the United States. After several alcohol acquisitions that turned Tilray into one of the largest U.S. craft brewers, the company recently … [Read more...] about Can Tilray successfully synergize its cannabis, alcohol businesses?
Stratford cannabis dispensary proposed for former Johnny’s Restaurant location
STRATFORD — Nearly a month after plans to open the town’s first dispensary fell through, a Michigan-based company is proposing to open a recreational cannabis store off Interstate 95. C3 Industries, which operates about 20 dispensaries in the Midwest and New England, is seeking approval to open the facility in a 113-year-old building at 130 Honeyspot Road, the former Johnny's … [Read more...] about Stratford cannabis dispensary proposed for former Johnny’s Restaurant location
CT cannabis startups make pitch to investors
Social equity entrepreneurs have completed a state-sponsored accelerator program, and are now seeking funding. Entrepreneur Zayna Francis fields a question after pitching her cannabis brand Lorrain's CT to investors. Francis graduated from a 10-month business accelerator program sponsored by the state's Social Equity Council. In a Norwalk hotel ballroom Wednesday morning, … [Read more...] about CT cannabis startups make pitch to investors
