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Cannabis Business Times is owned by GIE Media, based in Valley View, Ohio. CBT’s mission is to help accelerate the success of legal cannabis cultivators by providing actionable intelligence in all aspects of the business, from legislation, regulation and compliance news to analysis of industry trends, as well as expert advice on cultivation, marketing, financial topics, legal issues and more.

CBT focuses strictly on the business of legal cannabis for medical and recreational use and aims to provide timely information—through its website, e-newsletter, mobile app, print magazine and annual conference—to help the reader make timely, informed decisions to help them run their businesses better and more profitably. In 2018, Cannabis Business Times was named Magazine of the Year by the American Society of Business Publication Editors.

MSO Curaleaf Banks $300 Million of Capital

Curaleaf | curaleaf.com
Curaleaf CEO Joe Bayern puts focus on opportunities in growing marketplace. 

To have the biggest footprint, one must lace up the biggest shoe. 

In the cannabis industry, multistate operator Curaleaf spent the past five years building itself a massive network with a 23-state foundation, and has no plans on slowing down as it continues to acquire licenses and increase capacity. Based out of Wakefield, Mass., the vertically integrated company’s operation includes 96 dispensaries, 23 cultivation sites and more than 30 processing sites.

This past July, Curaleaf closed on an approximately $700-million deal to acquire Grassroots Cannabis, making it the largest cannabis company in the world, based on its anticipated $1 billion annual revenue at the time. 

Curaleaf | curaleaf.com
Based out of Wakefield, Mass., Curaleaf operates in 23 states with 96 dispensaries, 23 cultivation sites and more than 30 processing sites. 

With that groundwork established, Curaleaf is now gearing for its next wave of growth by putting focus toward executing on that platform, said new CEO Joe Bayern, who started his role Jan. 1.  

“One of the things that’s tied to my transition into the new role is going and looking at what we’re calling Curaleaf 2.0, which is really the next growth spurt for Curaleaf,” he said.


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Simply Pure Developing Franchise Model, Cause-Based Brand

Purpose underlies Simply Pure’s expansion into the business model that is synonymous with company names like McDonald’s and Taco Bell.

“Simply Pure will continue as being a dispensary model that we’ll be looking at franchising across the U.S. and working with social equity partners to be able to give them a turnkey operation,” said Wanda James, Simply Pure’s CEO and owner.

It’s all part of an effort to welcome people of color, women and veterans into the industry as owners and support their success, said James, who herself is Black, a woman and a former Naval Intelligence officer. More than 10 years ago, James founded the Denver-based cannabusiness with her husband, chef and restaurateur Scott Durrah. It has since grown into a formidable operation with cultivation, dispensary and manufacturing verticals.

RELATED: Wanda’s Way

Just as McDonald’s has been able to provide an existing business structure, products and brands that franchisees use for their stores—and in turn, create generational wealth—James said the goal with Simply Pure’s franchise model is the same.

Tentative locations include California, Illinois, Massachusetts and Texas, she said.


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Connecticut Governor Introduces Draft Bill to Legalize Adult-Use Cannabis

Connecticut Gov. Ned Lamont has introduced a draft bill to legalize adult-use cannabis in the state, according to The CT Mirror.

Lamont announced during his Jan. 6 State of the State address that legalization is a priority this year, and his administration is currently seeking feedback on the draft legislation, although it remains to be seen whether Lamont will incorporate the proposal into his state budget, which is due to lawmakers next month, The CT Mirror reported.

Lamont’s proposal would tax dry cannabis at $1.25 per gram, trimmed cannabis plants at $0.50 per gram and wet cannabis at $0.28 per gram, according to the news outlet, and would also levy a 6.35% sales tax on adult-use sales. A 3% surcharge would also be added, with part of these funds going to local municipalities.

The draft bill also includes expungement provisions, The CT Mirror reported, which would automatically clear convictions for the possession of less than 4 ounces of cannabis that occurred before Oct. 1, 2015, as well as allow those convicted after that date to petition the state for expungement.

The legislation also includes marketing limitations to ensure youth are not targeted in cannabis advertising, as well as increases the number of trained drug recognition experts in state and municipal police departments, according to The CT Mirror. The draft bill would also update Connecticut’s Clean Air Act to include cannabis and vaping within the state's existing restrictions on secondhand smoke, the news outlet reported.

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Virginia Senate Panel Advances Adult-Use Cannabis Legalization Bill

A Virginia Senate panel approved an adult-use cannabis legalization bill Jan. 20, advancing it to the next committee for consideration, according to a local WRIC report.

The Senate Rehabilitation and Social Services Subcommittee voted 4-3 to approve the legalization measure, which is sponsored by Sen. Adam Ebbin (D-Alexandria) and Senate President Pro Tempore Louise Lucas (D-Portsmouth), and backed by Gov. Ralph Northam.

The legislation, as proposed by Northam, would allow adults 21 and older to legally purchase cannabis starting in 2023, and would establish a regulatory framework overseen by the Virginia Alcoholic Beverage Control Authority and a seven-member Cannabis Control Advisory Board, WRIC reported.

At an initial hearing Jan. 19, the Senate Rehabilitation and Social Services Subcommittee recommended creating a new, independent agency to oversee an adult-use cannabis market in the state, according to the news outlet, and recommended delaying the proposed 2023 launch six months to a year to allow more time to establish regulatory oversight.

The bill now advances to the Senate Rehabilitation and Social Services Committee for consideration, WRIC reported.

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Unifor and Aleafia Health Enter Exclusive Agreement to Support Medical Cannabis Coverage for Members

TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Unifor and Aleafia Health Inc. have entered into an exclusive 10-year agreement to support union members, retirees and their eligible dependents who receive medical cannabis insurance coverage through Unifor’s collective bargaining agreements.

"Unifor members across the country deserve access to the benefits of medical cannabis coverage through their benefits. As a union, we will support our local bargaining committees to add this coverage where possible," said Jerry Dias, Unifor National President.

The agreement supports a historic breakthrough in access to legal cannabis in Canada.

Aleafia brings unique national scale, organization and expertise to provide union members, retirees and their eligible dependents with access to medical cannabis product insurance reimbursement and physician-led cannabinoid therapy.

“This agreement will provide thousands of union members and their families with improved and affordable access to medical cannabis care, and ultimately be one of the largest breakthroughs in patient access since the early days of legalization in Canada,” said Geoffrey Benic, Aleafia Health CEO. “Our dedicated team of medical professionals and program managers are excited to begin working directly with Unifor members and launching this program.”

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What to Expect from President Biden’s Cabinet on Cannabis

We’ve highlighted four names from the group President Biden has chosen to shape federal policy under his administration and analyzed what each of their selections might mean for cannabis.

The new administration has been sworn in, the Senate gavel has been passed to the Democrats, and the country’s leadership is almost fully set. One major step remains: the Cabinet nomination and approval process.

As we saw from the previous administration, Cabinet members can have a massive impact on the direction of the country, especially as it relates to cannabis policy. With a thin Democratic majority in Congress and a longtime moderate in the White House, the battle for fair cannabis laws is far from over.

Advocates are now looking to Biden’s Cabinet for clues on how the incoming administration will handle cannabis laws. Like the president they’ll be working under, the group doesn’t have a strong positive or negative stance on the plant. But taking a closer look at the previous records of the cabinet members announced so far can provide clues as to what we can expect from the incoming executive branch on cannabis laws.  

Attorney General: Merrick Garland

Before 2021, Garland was best known for being President Obama’s nominee to replace Antonin Scalia on the Supreme Court of the United States in 2016. After his Senate hearing was blocked by Republicans, Garland became an early symbol of the kind of Trump-era partisanship that still divides the country today. It appears Garland will get the chance to serve at the highest level of the federal government, but in a different branch: Biden announced his nomination as AG in the first week of January.

Garland, a Democrat who served as Washington, D.C.’s chief judge from 2013 to 2020, hasn’t come out directly against or in favor of cannabis. The closest definitive opinion was in 2013, when the industry trade group Americans for Safe Access sued the Drug Enforcement Administration in an effort to remove cannabis from Schedule I. Garland was one of three D.C. federal judges who ruled in favor of the DEA, on the grounds that they were the ones who had done the research. “We’re not the scientists. They are,” he said during the case’s 2012 hearing.

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Harvest at The Grove: How Fohse LED Fixtures Increased Yields and Drove Higher ROI

When Mike Howard, director of cultivation at The Grove, first caught word of the record-breaking cannabis yields being harvested regularly by fellow grow teams around the country (Lume Cannabis in Michigan and Green Life Productions in Nevada) he knew the game was changing. Once Howard dug deeper into the news, he discovered a common catalyst behind the success of his peers: Both facilities were actively growing under the A3i LED grow light from Fohse. 

After hearing firsthand from the grow teams in Michigan and Nevada how they had increased yields over HPS by 31% and 100% respectively, Howard knew he had to get Fohse lighting into The Grove—and fast!

The Grove, a vertically integrated cannabis business with dispensary, cultivation, distribution and production licenses, has been producing, sourcing and selling high quality edibles, cartridges and recreational cannabis products since 2015. Their 26,600-square-foot growing and production facility is state-of-the-art and eco-friendly. They strive to recreate the conditions that cannabis would find in nature and use only all-natural growing media and inputs as well as biological measures to control any pests or diseases. It only makes sense then that they would seek out and select Fohse products—the best lighting fixtures in the business—to match The Grove’s exacting standards.

The dry Las Vegas air makes for a challenging indoor growing environment for cannabis. Fohse fixtures operate at much cooler temperatures than standard HPS fixtures.

At The Grove, this means that the humidifiers and cooling systems don’t have to work as hard, and that an equilibrium between temperature and humidity level can be more easily achieved and maintained. This has led to some of the record harvests being seen regularly at The Grove.

Looking at how Fohse’s A3i 1500-watt fixtures compare to standard 1000-watt DE HPS fixtures in an “apples to apples” comparison reveals just how in sync these intelligent fixtures are with cannabis. The numbers from a recent, late fall harvest tell an impressive tale:

the grove cannabis led lighting

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The Grove: A Fohse Case Study

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Your Guide to the USDA’s Final Rule on Hemp

On Jan. 15, the U.S. Department of Agriculture’s (USDA’s) Agricultural Marketing Service (AMS) released a final rule on hemp based on its previous set of regulations that drew public comments from nearly 6,000 people.

The latest set of regulations makes several highly requested changes to the interim final rule (IFR) that are seen as favorable to both hemp producers and regulators.

Still, contentious aspects of the IFR remain, but some industry members are hopeful there is still time to amend them.

“Overall, the final rule’s contents in some ways show progress and demonstrate the USDA has looked into the industry as part of its public comment process,” Garrett Graff, managing partner of Hoban Law Group, tells Hemp Grower. “In another way, the final rule remains stagnant.” 

Sampling

The final rule made several changes to sampling that should reduce burdens on both growers and regulators.

First, the rule increased the sampling window, which is currently 15 days. Samples for testing now need to be taken up to 30 days before a farmer plans to harvest, giving regulators more time to get into fields. Many stated in public comments that 15 days was far too little time to collect an appropriate amount of samples from each producer in the state.

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Massachusetts Dispensaries Sue Regulators Over New Delivery Rules

A group of cannabis dispensaries is suing the Massachusetts Cannabis Control Commission (CCC) over the state’s new delivery rules, as first reported by the Boston Business Journal.

The Commonwealth Dispensary Association filed the lawsuit in Suffolk Superior Court Jan. 13, according to a MassLive.com report. The plaintiffs argue that the regulations, which allow only social equity applicants to receive cannabis delivery licenses for the first three years, violate state law, the news outlet reported.

The CCC approved the regulations in November to create two types of delivery licenses: one that allows companies to purchase product wholesale and to warehouse product for delivery, and one that allows individuals to partner with adult-use dispensaries to deliver product to customers, according to MassLive.com.

RELATED: Massachusetts Cannabis Retailers Prepare to Sue Over State’s Delivery Rules

Both license types are available exclusively to social equity and economic empowerment applicants for a period of three years, the news outlet reported.

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Wurk Announces Passing of Founder and CEO Keegan Peterson

Wurk has announced the passing of founder and CEO Keegan Peterson, who launched the cannabis-focused payroll and HR solutions company in 2015.

“Keegan will be remembered for his fierce advocacy in the cannabis space and the company he built to support the industry that he cared about deeply,” the company’s executive chairman, Scott Kenyon, wrote in a letter announcing Peterson’s death.

Peterson passed away Jan. 14 at the age of 33.

Since its launch, Wurk has grown to employ more than 60 people and serve clients across 33 states.

Peterson was a longtime advocate for the cannabis industry, serving as an associate producer for Weed the People, a documentary about the medical benefits of cannabis. He also mentored other entrepreneurs in the industry at Canopy Boulder and Canopy San Diego through a mentorship-driven, early-stage investment program for business startups.

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Arizona’s MITA Welcomes Industry Participation in New Free Course

Beginning Jan. 21, the Arizona Marijuana Industry Trade Association (MITA) will offer a free, weekly, virtual course for prospective social equity applicants looking to enter the state’s forthcoming adult-use cannabis industry.

While much of the curriculum for the 16-week Social Equity Applicant Mentorship Program is complete, MITA Executive Director Demitri Downing told Cannabis Business Times and Cannabis Dispensary that the association would still welcome industry members who are willing to provide education free of charge.

“We so want people to get involved. ... There’s room for other people to add their expertise, and we would love to have them on board,” Downing said.

RELATED: Arizona Health Officials Announce Draft Rules for Adult-Use Cannabis Market

Educational Overview

MITA’s course will focus on specific aspects of Arizona’s medical cannabis program and the cannabis industry more broadly, while welcoming speakers from in and around the industry.

Speakers such as Tahir Johnson, membership manager and diversity, equity and inclusion manager at the National Cannabis Industry Association, and Dr. Bobra Crockett, a business professor at Scottsdale Community College, will discuss the first week’s topic, “Social Equity Licensing, What is the Opportunity and Why?”

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Cresco Labs’ Acquisition of Bluma Wellness Combines Two Like-Minded Companies, According to Executives

Multistate cannabis operator Cresco Labs announced Jan. 14 that it will acquire Bluma Wellness, a vertically integrated company with operations in Florida, in a transaction that company executives say combines two like-minded companies with similar business models.

For Cresco CEO Charlie Bachtell, the acquisition is “the culmination of a multi-year evaluation of how to get into the Florida market the right way.”

“We wanted to make sure we [entered the market] in a very thoughtful and appropriate way, and Bluma really presented that perfect opportunity for us, so we’re really happy with it,” Bachtell tells Cannabis Business Times and Cannabis Dispensary.

Bachtell describes Cresco as a more traditional, consumer packaged goods (CPG)-focused organization with a “product-first” approach that prioritizes the creation and distribution of branded products into as many retail stores as possible. This differs from other companies’ retail-first business models, he says, which prioritize the opening of as many dispensaries as possible.

RELATED: Built to Scale: How Cresco Labs Developed a Consumer-Packaged-Goods Approach to Cannabis

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California Cannabis Industry Association Announces Exclusive Partnership with North Bay Credit Union

SACRAMENTO, Calif., Jan. 19, 2021 /PRNewswire/ -- PRESS RELEASE -- The California Cannabis Industry Association (CCIA), a statewide nonprofit that promotes the growth of a responsible and legitimate cannabis industry, is offering its members exclusive access to banking through the North Bay Credit Union (NBCU)

Since California legalized cannabis, operators have faced significant struggles with banking and payment services given the federal government's continued ban on cannabis products. CCIA's goal in partnering with NBCU is to alleviate the banking obstacles that cannabis operators face, so they can focus on their core business.

CCIA's 400 cannabis industry members will qualify for membership in the credit union and access to banking services such as checking accounts, online bill payment, wire transfers and ACH processing. Employees of CCIA members are also welcome to join as individual members of the credit union.

The cannabis market in California generates annual revenues of $5.6 billion, which accounts for more than 10% of the entire $52 billion national cannabis market. And sales in California are projected to reach $7.2 billion by 2024. Additionally, the industry employs nearly 40,000 people in California at some 7,400 cannabis businesses.

CCIA Executive Director Lindsay Robinson said this partnership presents a huge benefit to CCIA members. "Our goal is to alleviate the challenges that small businesses in the cannabis space face when it comes to banking. We look forward to working with the North Bay Credit Union to ensure our members receive the banking services they need to conduct business safely and efficiently." 

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WeedMD Announces the Development of New Cannabis 2.0 Products Featuring Hash, Live Resin and Rosin Extracts for Adult-Use Lineup

TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- PRESS RELEASE -- WeedMD Inc., a federally licensed producer and distributor of medical-grade cannabis, has announces it is kicking off 2021 with the development of new extract products featuring live resin and solventless hash, and rosin concentrates. The company’s newest Cannabis 2.0 extract products are expected to debut during the second quarter of 2021, under WeedMD’s Color Cannabis and Saturday Cannabis adult-use brands.

RELATED: WeedMD's Bold Pivot in Canada's Evolving Market

“WeedMD’s genetic library boasts unique strains, with flavour and aroma profiles widely recognized throughout the industry and we are thrilled to announce we are now expanding into high-value, terpene-rich hash, live resin and rosin products,” said George Scorsis, executive chairman and interim CEO of WeedMD. “We are listening to our consumers and retail partners in developing these products and extending our portfolio. Our cultivation, commercial and product teams are now capturing these profiles in a variety of formats including solventless concentrates and extracts to deliver premium products under our Color and Saturday Cannabis brands. This expanded portfolio is tailor-made for consumers looking for richer cannabis concentrates and alternative cannabis consumption methods.”

Product development for both solventless cannabis concentrates (including bubble hash and rosin) and hydrocarbon (live resin) extract products is currently underway alongside WeedMD and its highly skilled third-party processors. This includes trialing processes to produce extracts which best capture and preserve the company’s most robust, trichome-coated flowers, including award-winning strains such as Pedro’s Sweet Sativa and Mango Haze.

The company has further developed a unique, in-house sub-critical CO2 extract post-processing methodology, which preserves the flower’s terpene profile and results in a malleable, semi-solid high-potency cannabis extract product. Trials to confirm scalability and product integrity are currently underway at the company’s Aylmer, Ontario processing and extraction hub.

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Industry Experts Announce Launch of Sustainable Cannabis Coalition

BOSTON, Jan. 19, 2021 /PRNewswire/ -- PRESS RELEASE -- A diverse group of North America's cannabis cultivation and manufacturing experts has announced that they have come together to form the Sustainable Cannabis Coalition (SCC). The SCC will work proactively with industry cultivation and manufacturing peers and vendors to promote proven sustainability best practices that can be implemented at scale across the cannabis market.

The global legal marijuana market is predicted to reach $66.3 billion by the end of 2025. In order for cultivation and manufacturing producers to compete in a global market, they will be required to meet stringent sustainable and ethical business practices. The SCC will be a trusted resource providing foundational best practices to further promote economic benefits of sustainability as the industry continues to grow.

The SCC founders include CohnReznick, Anderson Porter Design, Valiant, Wholly H2O, Cloud Farming, Argus Controls, Conviron, Gro iQ, Trulieve, Byers Scientific, 365 Cannabis, GMP Collective, Omega Equipment and Supply, Simplifya, PathogenDx, Grow Generation, Outlaw Technology and BZAM Cannabis. These industry leaders are foremost experts in data driven business strategy, facility design, facility construction, water use, pathogen detection, energy consumption, waste disposal, economic and social impact, vertical farming, ERP and seed to sale systems, lighting, air emissions, extraction, packaging and data driven monitoring and optimization of environmental control systems.

"With investors across the industry incorporating Environmental, Social and Governance (ESG) factors into the investment process, the creation of a coalition to address sustainability in this space is critical," said Peter Dougherty, CEO of Gro IQ and SCC co-founder. "The SCC is uniquely poised to impact the industry as it continues to rapidly evolve. As leaders in this space, it is our responsibility to provide data driven sustainability guidance to the industry while protecting both consumers and the environment."

Ira Weinstein, managing principal of CohnReznick, founding member of the coalition and author of the inaugural SCC blog, added, "ESG is a key business practice for CohnReznick and our customers. The ability to incorporate data driven best practices will help confirm for our customers both the long term economic impact on their business as well as position those companies as environmentally and socially responsible market leaders."

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Sweet Dirt Announces Completion of Maine’s Largest Cannabis Greenhouse

ELIOT, Maine, January 19, 2021. - PRESS RELEASE - Sweet Dirt, a Maine-based, vertically integrated cannabis company, has announced the completion of its 32,800-square-foot cannabis greenhouse. Located in Eliot, Maine, adjacent to the company’s manufacturing site and medical cannabis store, the new greenhouse - the largest cannabis greenhouse in Maine - was completed in just under one year. A ribbon-cutting ceremony and open house for state and local officials, environmental leaders and other guests is set for 10:30 a.m. ET on Thursday, Jan. 21.

With eight flower and propagation rooms, two drying rooms, and an operations support facility, the greenhouse will employ 25-30 full time cultivation, pest management and irrigation specialists and yield up to 12,000 pounds of cannabis annually. This state-of-the-art hybrid greenhouse helps to maximize efficiency by utilizing the greatest light source available (the sun) and insulative building materials to help maintain interior environmental conditions. Sweet Dirt is embarking on a mission to offset its energy use impact through the use of renewables like biodiesel, biomass, and onsite and community solar programs.

“Seeing this beautiful new greenhouse – constructed in under a year and at the same site as our former cultivation site, which was tragically destroyed in a fire in June 2019 – is so cathartic and also incredibly energizing,” said Sweet Dirt Co-Founder and Head of Cultivation Hughes Pope. “In what is now a huge blank canvas, we will soon be growing over two dozen varieties of cannabis – many of which will be heirloom or rare genetics.”

A focus on the creation of its proprietary soils and organic growing practices have earned its medical affiliates the MOFGA (Maine Organic Farmer and Gardeners Association) ‘Certified Clean Cannabis’ (C3) designation achieved by fewer than 1% of all licensed cannabis growers in Maine. The company is working towards extending MOFGA‘s C3 certification to its adult use cultivation practices.

“The buildout of this large-scale, next-generation greenhouse has been a tremendous undertaking and its completion is critical to our ability to meet market demand for clean cannabis,” says Jim Henry, chief executive officer. “We look forward to streamlining our cultivation processes in the new facility, while also staying true to our roots – growing organically and striving to do so in a sustainable way.”

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GreenBroz Launches Innovative Cannabis Pre-Roll Processing Technology

LAS VEGAS, January 19, 2021 – PRESS RELEASE – GreenBroz Inc., a provider of cannabis post-harvest processing technology, has announced an exclusive partnership to market, distribute and sell RollPros' patent-pending technology featured in the Blackbird Rolling Center to the U.S. and Canadian markets.

The Blackbird Rolling Center solves the age-old problem of producing high-quality pre-rolls at scale, making it an invaluable addition to GreenBroz' line of post-harvest processing equipment.

The first machine of its kind to offer the patent-pending "tru-roll" technology, the Blackbird Rolling Center utilizes radial compaction rather than directional packing to produce the highest-quality pre-rolls with maximum efficiency.

The Blackbird Rolling Center is a fully automated and enclosed tabletop production unit capable of producing 750-plus (0.45-0.65 gram) pre-rolls per hour with a fill accuracy range of plus or minus 0.03 grams, ensuring compliance while also regulating temperature and humidity during operation.

"When we started RollPros, we set out to completely rethink the pre-roll production process and design a solution unique to the marketplace," said RollPros founder Kyle Loucks. "Using our patent-pending 'tru-roll' technology, we have implemented a radial compaction technique that produces a uniform density and consistency that is superior to anything else on the market. RollPros is proud to partner with an industry leader like GreenBroz, who will enable us to get these machines in the hands of producers as fast as possible."

All plant-touching surfaces are food-grade materials and/or surgical stainless steel and easily cleanable, reducing the risk of product contamination. Loading the Blackbird is easy and efficient. One 2,500-meter paper roll loaded on the bobbin can produce 40,000 joints, thereby saving time by eliminating the need to stop and reload.

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New CAPS by COOKIES Capsules Blend Non-Psychedelic Mushrooms, Cannabinoids and Terpenes in Novel Wellness Formulation

SF, Calif.—Jan. 14, 2021—PRESS RELEASE—International cannabis lifestyle brand COOKIES gives consumers an all-new way to manage their health and wellness with the launch of a novel three-in-one capsule product line that combines mushrooms, cannabinoids and terpenes designed to expand cognitive well-being. The formulation combines mushrooms provided by Jeff Chilton of Nammex, which are certified organic, high in beta glucans, ergosterol, full spectrum, and grown to full maturity along with expertly formulated terpene blends, which are then encapsulated by the licensed manufacturer Tony Verzura at Blue River. COOKIES expands its expertise in all things cannabis into the world of fungi, focusing on synergistic natural medicines that invoke an incredibly desired effect. The non-intoxicating formulation is available on the COOKIES CBD website for consumers 21+ in all 50 states.

“While COOKIES is best known for its cannabis genetics, our team has been experimenting with mushrooms for years. It is only natural that we brought these worlds together with CAPS and this is only the beginning. As legislation continues to change in the right direction, we look forward to a day where we can include psilocybin in our formulations,” said Berner, founder and CEO of COOKIES.

The product line includes two different options: CLARITY “Daytime - Mushroom + CBG Capsules” and BED HEAD “Nighttime - Mushroom + CBN Capsules:”

CLARITY: The CLARITY capsules consist of invigorating Lion’s Mane and Cordyceps mushrooms alongside mood-lifting CBG, CBD and an effects-based terpene blend called Terpology "Energy" by Dr. Ethan Russo, which includes: α-Pinene, Limonene, β-Pinene, α-Phellandrene, Terpinolene, Nerolidol, Nerol. Perfect for any time of the day, the precise (non-intoxicating) formula is designed to sharpen mental focus and boost energy.BED HEAD: The BED HEAD capsules consist of a five-in-one blend of immunity-boosting organic mushrooms, plus CBD, CBN, along with Dr. Ethan Russo’s “Calm” Terpene blend, which includes: Linalool, Limonene, α-Phellandrene, β-Caryophyllene, Citronellol, Nerolidol, Naphthalene, Myrcene, Nerol, Citral, Valencene, Caryophyllene oxide. The relaxing, non-intoxicating formulation promotes rejuvenation and restful sleep, making it a perfect complement to any evening routine.

A growing body of research into substances produced by the natural world shows promising therapeutic applications, and CAPS by COOKIES marries the medicinal properties of mushrooms, cannabinoids and terpenes to expand cognitive well-being and provide powerful effects. Humans have used mushrooms for food and medicine for centuries, and CAPS by COOKIES is proud to continue that rich history.

CAPS by COOKIES is a focused collaboration across three passionate and dedicated industry leaders:

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Harborside Inc. Announces Departure of Chief Operating Officer Greg Sutton

OAKLAND, Calif. and TORONTO, Jan. 15, 2021 /CNW/ - PRESS RELEASE - Harborside Inc., a California-focused, vertically-integrated cannabis enterprise, has announced that Greg Sutton, chief operating officer of Harborside, has stepped down from his position effective Jan. 15, 2021.

"On behalf of the whole team, I want to extend my heartfelt appreciation to Greg for his contributions and tireless efforts during his tenure with Harborside. We wish him the best in his future endeavors," said Peter Bilodeau, interim CEO of Harborside.

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