MjLink Cannabis Business News and Press
The state’s Department of Alcoholic Beverage Control has visited 11,445 businesses since Gov. Gavin Newsom’s emergency regulations began.
The chamber’s lawmakers voted, 102-101, along party lines to pass the legislation, which aims to establish a state-run dispensary model
The company’s acquisition is expected to be immediately accretive on an EBITDA and cash-flow basis.
The cannabis company generated $51 million in cash flow from operations and experienced a 9% year-over-year traffic increase for the 4/20 holiday.
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The cannabis company also reported $74 million in cash flow from operations and a GAAP net income of $8 million.
Union Chill, a single dispensary operator in Hunterdon County, is generating more than $11 million in annualized revenue.
The federal agency issued the state’s regulators a service code to perform background checks on applicants, but another legislative fix is still needed.
Revenue and Taxation Committee members voted unanimously to advance Assembly Bill 564 to prevent a 26.7% increase.
The opening marks the first cannabis retail facility in Berea, establishing a new access point on Cleveland’s southwest side.
When identifying nutrient deficiencies, remember: location, location, location.
The lotteries are for social equity and general applicants for three of the state’s limited license types.
Thomas Winstanley, Executive VP for Edibles.com, explains how the company plans to increase consumer confidence in hemp-derived THC products.
Despite legislation aiming to prevent the tax hike, the state’s tax agency indicated its hands are currently tied.
The legislation aims to take hemp-derived THC products out of gas stations and smoke shops and require buyers to be 21 years or older.
MMJ BioPharma Cultivation, a company seeking DEA registration to cultivate cannabis for research, is hoping to avoid an administrative hearing.
Four cannabis cultivation professionals share game-changing insights they’ve gained that help them and their teams excel.
The company’s long-standing investment in operational excellence continues with industry-leading upgrades and the renaming of the facility to Aurora Alpine.
The 40,000-square-foot cultivation facility will produce 1,000 pounds of trimmed flower monthly and employ 80 workers when it opens this summer.
The company’s medical cannabis retail facility is just south of Daytona Beach.
