Less than a year after the parent company of cannabis cultivator and producer Theraplant began marketing itself for sale amid funding concerns, a Waterbury judge this week approved a foreclosure involving the company’s Watertown property and another in Arizona. Greenrose Holding Co., the New York-based parent company of Theraplant, submitted a filing with the U.S. Securities … [Read more...] about Connecticut cannabis cultivator parent company goes through foreclosure
going belly up
Colorado Cannabis Industry Continues to Face Uncertainty
A recent report from The Denver Post analyzes the fallout of the post-pandemic cannabis industry in Colorado. While once the state reached a peak of $226 million in combined recreational and medical cannabis sales, current sales have decreased and small businesses struggle to stay afloat. “The market’s just bad. It’s bad right now,” cannabis salesperson Val Tonazzi told The … [Read more...] about Colorado Cannabis Industry Continues to Face Uncertainty
