MjLink Cannabis Business News and Press
The state’s average flower price of $277 per ounce remains relatively steep despite demand for adult-use products being at an all-time high.
The new store will offer a wide assortment of accessories and medical cannabis products from the company’s branded portfolio that includes Cresco, Supply, FloraCal Farms, Wonder Wellness Co. and Remedi.
The MÜV Apopka store is in Orange County, a growing region with more than 1.4 million people.
The newest store in El Sobrante has the same elements as the company’s other retail locations with an art gallery space featuring local artists.
As part of a plan to “aggressively” expand New York’s legal cannabis market and eliminate illicit operators, Gov. Kathy Hochul announced that regulators will accept applications for two months starting Oct. 4.
Since the revised cannabis banking bill was introduced in late September, 28 lawmakers have decided to co-sponsor the legislation. Here’s the (fluid) list.
Vertically integrated Botanical Sciences pioneers a path to providing greater access to patients.
The Pennsylvania-based, vertically integrated medical cannabis operator has a multipronged approach to raising awareness and supporting local organizations during the month of October.
The nation’s newest legalized market came just shy of August figures as medical sales decline faster than adult-use sales grow.
The constitutional proposal must survive judicial review in order to appear before voters next year.
The state held random drawings to award two dispensary and four wholesale facility licenses from each of eight congressional districts.
Upon the listing, the multistate cannabis operator plans to delist its Class A subordinate voting shares from the Canadian Securities Exchange.
The court upheld a temporary injunction that halts the state from scheduling products that contain the hemp derivative.
The facility was sold to Hershey Canada, Inc. for approximately CAD$53 million.
Steve White, who co-founded Harvest Health, will serve as an adviser for the multistate cannabis operator until the end of the year.
New Aspergillus testing requirements prompted pushback from the state’s already precarious cannabis market. Then, a lawsuit led to a temporary halt on testing for the mold and a victory for growers, at least for now.
The state’s Public Health Department reported 30,000-plus active patients but now says there are only roughly 13,000 for the low-THC oil program.
The response alleges predatory loans and fraudulent practices.
Rick Johnson, also Michigan’s ex-House speaker, accepted more than $110,000 in bribe payments, according to U.S. Attorney’s Office.
Ratification votes will be completed for all five locations by the end of next week.
