Dug In: Big Island Grown’s Deep Cannabis Roots March 27, 2024 Tom Hymes Company Stories, Hawaii, News & Insights, Spotlight 0 Comments Big Island Grown (BIG) is a vertically integrated cannabis company based in Kailua-Kona, Hawaii County, on the Big Island of Hawaii, whose reach now extends to several islands in the archipelago, with plans to develop more wholesale trade as the… Read More→
Adult-Use Bill Barely Passes Divided Hawaiian House March 26, 2024 Tom Hymes Hawaii, News & Insights 0 Comments SB3335, a bill that would make Hawaii the last Democrat-controlled state to legalize adult-use cannabis, passed the full House on Friday by the slimmest of margins: 25-23. The legislation, which includes amendments from the Senate version, heads to the Finance… Read More→
Hawaii House Advances Bill That Regulates ‘Entire’ Cannabis Plant March 21, 2024 Tom Hymes Compliance and Regulations, Hawaii, News & Insights 0 Comments Legalized adult use in Hawaii took another step forward Tuesday when a key House committee advanced SB3335, a bill that aims to kill two cannabis birds with one stoner piece of legislation. Following a public hearing that lasted well over… Read More→
Root & Bloom’s House of Startups March 18, 2024 Tom Hymes Company Stories, Massachusetts, News & Insights, Spotlight 0 Comments Salisbury, Massachusetts-based Root & Bloom is a locally and independently owned producer of quality cannabis products whose relatively recent entrance into a quickly maturing Massachusetts market has resulted in a string of achievements that include a steady increase in the… Read More→
CT Retail Weed Sales Fall for Second Month March 13, 2024 Tom Hymes Connecticut, News & Insights, Retail 0 Comments Signaling a trend no market wants to see, Connecticut’s retail cannabis sales for both medical and adult-use fell by well over a million dollars between January and February. According to the Connecticut Department of Consumer Protection (DCP), which regulates the… Read More→
A Conversation with Canna Provisions’ Meg Sanders March 12, 2024 Tom Hymes Company Stories, Massachusetts, News & Insights, Spotlight 0 Comments Meg Sanders is co-founder and CEO of Massachusetts-based Canna Provisions, which currently boasts two popular retail outlets, one in the Berkshire/Western Mass. town of Lee, the other in the small nearby city of Holyoke. The company also produces products under… Read More→
Housing Cannabis: A Talk with NewLake CEO Anthony Coniglio March 5, 2024 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments Founded in 2019, New Canaan, Connecticut-based NewLake Capital Partners (OTCQX: NLCP) is a triple-net lease REIT that utilizes its cannabis, real estate, and financial services experience to purchase properties leased to U.S. cannabis operators. The company has tenants that span… Read More→
NYC Licensees Press State to Increase Enforcement of Illicit Stores February 29, 2024 Tom Hymes New York, News & Insights, Retail 0 Comments A letter-writing campaign organized by CannabisNYC is urging state lawmakers to engage in “immediate legislative action against the proliferation of unlicensed cannabis storefronts.” The deadline for licensed New York City dispensary owners and others to sign the form letter was… Read More→
The ‘Simple People’ Are Legislating in CT February 27, 2024 Tom Hymes Compliance and Regulations, Connecticut, News & Insights 2 Comments Connecticut legislators were unprepared for the large number of people who showed up last Thursday to testify before the General Law Committee and had to move the proceedings to a larger chamber to accommodate everyone. It was a simple mistake… Read More→
CT Bill Would Prohibit Cannabis Discounts February 26, 2024 Tom Hymes Compliance and Regulations, Connecticut, News & Insights 0 Comments 421 bills have thus far been introduced for consideration by Connecticut’s General Assembly in the 2024 legislative session, which was convened February 7 and runs until May 8. Among the bills are half a dozen that deal in some way… Read More→
Cannabist CEO David Hart on ‘Sweating the Assets’ February 20, 2024 Tom Hymes Company Stories, Multiple State Operators, News & Insights, Spotlight 1 Comment Cannabis Business Executive has covered New York-based Columbia Care (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) many times over the years, including lengthy profiles in late 2021 with co-founder Nicholas Vita, and in September of last year with then Chief Commercial… Read More→
Connecticut Flower Supply Remains Spotty – UPDATED February 13, 2024 Tom Hymes Connecticut, News & Insights 0 Comments We are midway through February, and while the availability of raw flower in Connecticut’s dispensaries has improved slightly, it has also settled into a hit-or-miss proposition that seems to depend on where you live. It is rare these days to… Read More→
Court Denies TROs; New York’s Adult-Use Rollout Can Continue February 9, 2024 Tom Hymes New York, News & Insights 0 Comments Three lawsuits that sought to yet again stop New York’s adult-use cannabis licensing program in its tracks have failed to move three different judges to that end. Orders filed in each case over the past week permit the program to… Read More→
Who Do You Call to Sniff Out Bad Cannabis Actors? February 6, 2024 Tom Hymes Compliance and Regulations, News & Insights, Security, Spotlight 0 Comments For anyone who has traveled the cannabis industry for any length of time, the risks associated with getting in bed with the wrong partners are about as acute as they can get, and truth be told, almost no one escapes… Read More→
The Challenge (and Opportunity) of Distressed Assets January 30, 2024 Tom Hymes Cannabis Investments, News & Insights, Spotlight 0 Comments The cannabis industry is at an interesting point in its journey towards a destination of which it remains clueless, and the stress of that obliviousness is becoming palpable. The result has been a surfeit of distressed cannabis assets, and with… Read More→