MOORHEAD — The owners of two Moorhead shops say that if the White Earth Nation opens a recreational cannabis dispensary here in March, the tribe’s competitive advantages could put them out of business. Steven Rosenfeldt, who started Ediblez OTC two years ago, says his shop at 2223 U.S. Highway 10 won’t survive long once a tribal-owned dispensary opens in the former JL Beers … [Read more...] about Moorhead shop owners say tribe-owned cannabis dispensary could put them out of business
veteran
AYR Wellness Board Member Resigns
AYR Wellness Inc., a leading vertically integrated multistate cannabis operator, announced the resignation of Jared Cohen from its board of directors and transition to board observer. “I thank AYR’s board for approving my transition to board observer as I take on new professional obligations unrelated to AYR Wellness and outside of the cannabis industry,” Cohen said. “I am … [Read more...] about AYR Wellness Board Member Resigns
iAnthus Sells 5 Arizona Cannabis Facilities for $36.5 Million
iAnthus Capital Holdings Inc., which owns, operates and partners with regulated cannabis operations across the United States, announced that certain iAnthus subsidiaries entered into definitive agreements (the “purchase agreements”) with a leading Arizona cannabis operator, Pitchfork Enterprises LLC, d/b/a Sonoran Roots, and its affiliates to sell three dispensaries and two … [Read more...] about iAnthus Sells 5 Arizona Cannabis Facilities for $36.5 Million
Less Than 1.5% of New York’s Banks Credit Unions Service Cannabis Industry
As the number of cannabis businesses serving New York’s adult-use market continues to grow, the number of banking opportunities for these businesses remains limited.The New York Office of Cannabis Management (OCM) launched a cannabis banking directory at the bottom of its Social Economic and Equity (SEE) page on its website on Feb. 5. This directory allows industry licensees to … [Read more...] about Less Than 1.5% of New York’s Banks Credit Unions Service Cannabis Industry
The Artist Tree launches program giving free cannabis to patients, veterans
The Artist Tree cannabis dispensary announced Monday the launch of a “compassion program” that will provide free cannabis products to California medical cannabis patients suffering from serious medical conditions and patients who are military veterans. The program will be available at three of The Artist Tree locations: Fresno near Palm and Nees avenues, West Hollywood and … [Read more...] about The Artist Tree launches program giving free cannabis to patients, veterans
2 US Senators Work With Prohibitionists to Stop 280E Relief Under Cannabis Rescheduling
A pair of Republican U.S. senators introduced a bill on Feb. 7 that intends to prevent licensed cannabis businesses from deducting ordinary business expenses from their taxes even if the plant gets rescheduled. Under Section 280E of the Internal Revenue Code, cannabis businesses are unable to deduct these expenses—such as payroll, rent and utilities—from their taxable income … [Read more...] about 2 US Senators Work With Prohibitionists to Stop 280E Relief Under Cannabis Rescheduling
TILT Holdings Signs Definitive Agreement to Divest 2 Retail Locations in Massachusetts
TILT Holdings Inc., a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced that it has signed an asset purchase agreement (APA) to divest two dispensaries in Massachusetts (the "transaction"). The transaction is aligned with TILT’s broader strategy to explore … [Read more...] about TILT Holdings Signs Definitive Agreement to Divest 2 Retail Locations in Massachusetts
62% of Texans Support Adult-Use Cannabis Legalization, Including Majority of Republicans
Texas lawmakers continue to be at odds with their constituency over cannabis policy, as the majority of the state’s citizens support legalizing not only medical cannabis but decriminalizing and legalizing adult-use cannabis, too. Specifically, 79% of Texans back legislation that would establish a full-fledged medical cannabis program for qualified patients to access the plant … [Read more...] about 62% of Texans Support Adult-Use Cannabis Legalization, Including Majority of Republicans
Veteran and cannabis business owner sue Colorado Springs over revote on recreational marijuana sales
Citizens have filed a lawsuit against the city of Colorado Springs, just days after the city council voted to put the question of recreational marijuana sales back on the ballot in April. In November, 54 percent of Colorado Springs voters supported Ballot Question 300, which would allow existing medical dispensaries to sell recreational marijuana. But city council members last … [Read more...] about Veteran and cannabis business owner sue Colorado Springs over revote on recreational marijuana sales
Catch The High Tide: Curaleaf Launches ‘Reef’ Flower Brand in Florida
Curaleaf Holdings Inc., a leading international provider of consumer cannabis products, expanded its industry-leading product portfolio to include Reef, a vibrant new flower brand rooted in nature and inspired by the interconnected nature of Florida's coastline and coastal reefs. Available now at Curaleaf's 66 medical dispensaries in Florida, and via select wholesale partners, … [Read more...] about Catch The High Tide: Curaleaf Launches ‘Reef’ Flower Brand in Florida
