Tuesday’s election results will have consequences for cannabis in some states that didn’t have cannabis on the ballot. Here’s a brief rundown on what we see for those states.
Inflation, a lack of available capital, and a flood of new licenses in the Massachusetts adult use cannabis market are setting off a wave of struggling businesses seeking debt restructuring deals.
We checked in with a group of Illinois dispensary license winners to learn about where they are in the process – and how soon we might begin to expect new dispensaries to open up.
New York’s Office of Cannabis Management relaxed testing standards this week after numerous cultivators reported that they would not be able to pass the test.
Restrictions on market stakes could make it difficult for aspiring entrants to obtain out-of-state investment for their dispensary businesses.
There’s a series of rumors floating around New York about exactly how the state plans to regulate the biggest, most lucrative cannabis licenses available and the rumors have been powerful enough that the biggest cannabis companies are relying on them to decide whether and how much to invest in New York’s market.
The New Jersey CRC approved its first annual licenses and a massive batch of 296 applications for provisional licenses. The approvals include a mix of proposed cultivators, manufacturers, and retailers.
Last month Brian Hanna was appointed Interim Director of Michigan’s Cannabis Regulatory Agency. To give us a sense of his thinking, Hanna granted Grown In a one-on-one interview in his agency’s offices in Lansing.
The 903 applicants for 150 new dispensary licenses have little idea when they’ll receive notice of who wins a license – or much else.
Erik Gundersen announced earlier this month that he was going to resign from his post. Less than a week later, his final day on the job was Friday, Oct. 7. Since then, OCP has yet to name a successor, but Deputy Director of Operations, Vern Malloch has been serving as interim director.
