Massachusetts looks to bolster aging medical market, as AU prices drop
Massachusetts’ Cannabis Control Commission’s work to overhaul the state’s medical cannabis regulations remain underway, as they await January’s start of […]
New England
Coverage of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
Three charts looking at Northeastern medical cannabis programs
To get a picture of where Northeastern state medical programs stand, we had to scrape old regulator websites, rummage through archived PowerPoints, and recruit friendly state communications staff to help us find data.
A wave of debt restructurings threatens Massachusetts’ adult use market
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.
Sean Combs purchases Cresco’s extras, thinks there’s room for more celebrities in weed
With a purchase price of $185 million, the initial terms of Sean “Puffy” Combs buying 9 dispensaries and 3 cultivations sites include $110 million in cash, and assumption of $45 million in debt from Cresco Labs.
Two Charts: Comparing Michigan’s and Massachusetts’ croptobers
Michigan and Massachusetts have a lot in common with the state of their cannabis markets: Both have seen record croptobers as well as rapidly declining adult use retail prices.
Exit interview: Maine’s former top regulator, Erik Gundersen
Gundersen took the helm of Maine’s cannabis regulation at a time when it was lagging behind Massachusetts – which also legalized adult use through a 2016 ballot question. Since then, Maine has emerged as a top weed producer in New England.
Tough times for New Hampshire cannabis market, but for how long?
The state has been slow to make changes to the six-year-old medical market. Meanwhile the state’s three medical cannabis nonprofits are left waiting for the opportunity for new customers as Vermont’s adult use market comes online.
Maine cannabis regulation in flux as state agency swaps heads
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.
Rhode Island opens AU retail apps to medical operators
Without a CCC-crafted regulatory process for new retail operators, Rhode Island’s nine retail operators will get first crack at the state’s adult use market.
Connecticut settles with denied social equity applicants
Connecticut settled with eleven would-be applicants for cannabis cultivation licenses who sued after they were denied social equity status.
