PORTLAND, Ore. — Recreational cannabis product maker Curaleaf announced Thursday that it plans to wind down "the majority" of its operations in Oregon, Colorado and California, as well as consolidate its facilities in its home state of Massachusetts. The company described the decision as a financial one in a Thursday news release, stating that the states have contributed to the … [Read more...] about Curaleaf cannabis company to shut down operations in Oregon
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Russia’s Abramovich Gave Largest US Weed Company Millions
The largest US marijuana company received hundreds of millions of dollars in financing from Roman Abramovich during its early years, but the Russian billionaire exited long ago, Curaleaf Holdings Inc. Executive Chairman Boris Jordan said in response to a media report. Forensic News reported Friday that leaked documents show Abramovich funded Palliatech, the company that in 2018 … [Read more...] about Russia’s Abramovich Gave Largest US Weed Company Millions
Cannabis giant Curaleaf just laid off over 200 employees as the industry’s downturn deepens
A customer shows purchased marijuana products at Curaleaf. Business Insider Curaleaf laid off staff in November, Insider has learned. The cannabis giant previously cut 50 jobs and closed a facility in California in August. The industry is suffering from a collapse in prices, heavy regulation, and increased competition. Top editors give you the stories you want — delivered … [Read more...] about Cannabis giant Curaleaf just laid off over 200 employees as the industry’s downturn deepens
The smell of Florida medical marijuana farms isn’t sitting well with neighbors
WFTV Complaints about medical marijuana farms are popping up all over the state. The smell and size are among the chief concerns for people who live in homes nearby. Four months ago, Channel 9 first told you about Mount Dora homeowners who said they felt trapped by the powerful smell. Since then we’ve heard from other communities also demanding the state do something to … [Read more...] about The smell of Florida medical marijuana farms isn’t sitting well with neighbors
New London Planning and Zoning approves retail cannabis store on Bank Street
News Provided by The Day New London ― A marijuana dispensary company received approval Thursday by the Planning and Zoning Commission to open a retail cannabis store on Bank Street. Curaleaf’s Joint Venture will be able to open its shop at 595 Bank St., the vacant former home of Fall River Pawn Brokers, should it obtain a retail cannabis license from the state Department of … [Read more...] about New London Planning and Zoning approves retail cannabis store on Bank Street
New Recreational Marijuana Dispensary Opens in Scottsdale, Arizona
News Provided by AZMarijuana Curaleaf, a leading international provider of consumer products in cannabis, announced the opening of its new Scottsdale dispensary, located at 16277 N Greenway Hayden Loop, Scottsdale, AZ 85260. Curaleaf Scottsdale is the Company’s largest retail location in Arizona and one of its 16 dispensaries in the Grand Canyon State. Located across the … [Read more...] about New Recreational Marijuana Dispensary Opens in Scottsdale, Arizona
Moldy Weed, Mystery Buyers: N.J. Pot Sellers Ran Afoul of State Rules
By Elise Young on BLOOMBERG While some of the biggest US marijuana companies were preparing to join New Jersey’s newly legal recreational market, several were running afoul of state security and safety rules for their medical-weed operations, documents obtained by Bloomberg show. A cultivation site had 50 jars of marijuana go missing. One medical dispensary had moldy weed on … [Read more...] about Moldy Weed, Mystery Buyers: N.J. Pot Sellers Ran Afoul of State Rules
Cannabis is legal in Maine and now there’s a museum about it
By Laurie Schreiber I Mainebiz This new cannabis museum in Portland aims to build an immersive exhibition that will focus on how prohibition of cannabis has affected the plant’s cultivation. The nonprofit museum, called Core, is related to Portland’s newest adult-use cannabis dispensary, Seed. “We want the mission of the museum to reflect the internal make-up of the dispensary … [Read more...] about Cannabis is legal in Maine and now there’s a museum about it
New London gets second retail cannabis applicant
By Greg Smith on https://www.theday.com New London ― Curaleaf, a national company that operates four medical marijuana dispensaries in Connecticut, including one in Groton, is seeking approval from the city to open a retail cannabis shop in downtown New London. But Curaleaf’s and its partner’s application for 595 Bank St., the vacant former home of Fall River Pawn … [Read more...] about New London gets second retail cannabis applicant
Curaleaf agrees to Oregon suspension, fine after marijuana production fiasco mixed up THC and CBD
News Provided by Mike Rogoway | The Oregonian/OregonLive Curaleaf says an employee at a Portland facility mixed up two lines of products. CBD drops, at left, were not supposed to contain THC, but bottles sold contained high levels of the psychoactive ingredient associated with marijuana. A THC product, at right, was sold without sufficient doses of THC. Both have been … [Read more...] about Curaleaf agrees to Oregon suspension, fine after marijuana production fiasco mixed up THC and CBD