A note to readers and subscribers
Today Grown In is making some changes to our news, reporting and subscription offerings. Before we get to the what, let me explain the why.
Editor’s Notes
RIV Capital’s CEO says they’re in New York cannabis for the long haul
Sims says RIV and Scotts are in cannabis for the long haul, and they are working on plans to build out Etain’s position in New York in a big way.
The economic downturn is closing wallets to cannabis companies, say investors
“I sense this shift in the last month where things are drying up, I’m hearing more and more negative sentiment not just from plant touching, but ancillary businesses as well.”
Pennsylvania legislative leader for cannabis thinks adult use will be legal by 2024
In an interview with Sen. Street last week, he told us the possibility adult use would be legalized by 2024 was, “Very high. Likely.”
Cannabis vapes back in stores as judge orders recall off again
The recall impacted about 330,000 units of product valued at about $18 million, according to testimony from the lawsuit.
An expert explains the Delaware cannabis legalization veto
To better understand what happened, Grown In caught up with activist Zoë Patchell, now that she’s had a few weeks to digest the dramatic letdown.
Dozens of New York cannabis farmers ripping out crops in response to new OCM guidance
Just a couple months ago New York was trumpeting plans to give average farmers an opportunity to jump start the state’s cannabis industry. But today, cannabis farmers tell Grown In they are afraid to provide their names for on-the-record comments.
While operators complain, Pennsylvania seed-to-sale system contract is up, and state regulators lack a plan
“I don’t think anyone is aware that there are these extensions, everyone is under the impression that we’re locked into this contract long term.”
One federal court releases Illinois dispensary licenses, another threatens to hold them, state to move ahead with distribution on July 22 anyway
Assuming there are no further court-mandated delays, Illinois plans to issue dispensary licenses in three waves.
New Jersey retail license winners strive to secure property and supply in time to open by state deadline
“Most of the cultivators have dispensaries. What value proposition do I have for them?” said one dispensary license owner.
