The store marks the beginning of Maine’s largest marijuana company’s conversion from medical to recreational sales. The state’s biggest medical marijuana company, Wellness Connection of Maine, will open its first recreational store Monday. Changing its South Portland clientele from card-carrying medical patients to anyone over the age of 21 marks the beginning of Wellness’s transition […]
Retailers
Jushi Holdings Inc.’s Majority-Owned, Vertically Integrated Facility in Virginia Has Commenced Operations; Opens First of Six Dispensaries in Virginia and 12th BEYOND/HELLO Retail Location Nationally
PRESS RELEASE BEYOND / HELLO Manassas Will Begin Medical Marijuana Dispensary Sales in the Commonwealth of Virginia on Tuesday, December 1, 2021 at 10:00 a.m. BOCA RATON, Fla., Nov. 19, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Dalitso LLC, […]
Scaling Your MSO to Succeed: When it comes to scaling your business, capital is only one piece of the puzzle
Back in January, none of us could’ve predicted how 2020 would play out for the industry. Now that we’re in the fourth quarter, it’s worth looking at where things stand and how MSOs can effectively scale in the current environment. Continued industry growth is a given. But how that growth happens—through either federal legalization or […]
Cannabis is Booming, But There’s Reason for Caution
2020’s record-breaking cannabis sales tell an incredibly optimistic story about the industry’s resilience during an economic downturn. Many cannabis business operators are putting all their faith into that story as they plan their next steps. Here’s why I wouldn’t get too comfortable with that perspective yet. Looking at the Bright Side: Essential Designation Pays Off […]
COVID-19 Ushering in Automated Future for Retail Pot
The future of marijuana retail could mean more automation and shorter wait times as Colorado marijuana retailers change their business models during the COVID-19 pandemic. The Green Solution, one of the state’s largest dispensary chains, has installed self-service kiosks in all 21 lobbies of its retail stores. Meanwhile, Boston-based Anna offers self-service marijuana purchasing lockers that […]
New normal means new challenges for cannabis companies
For the cannabis industry specifically, our new norm means a business environment in which pandemic health concerns are here to stay, as are the effects on staffing and customer interactions. Cannabis sales may be rising in general, and the industry has secured an “essential” business status to stay open as other businesses such as bars […]
The Resilience of the Massachusetts Adult-Use Marijuana Market
Now in July 2020, two months into the reopening of the Massachusetts adult use marijuana industry, it is time to take a step back and look at the numbers. The second adult use retail store in Boston opened this past Monday, adding to the 16 others that have opened throughout the Commonwealth since the state’s […]
Science Reveals The Cannabis Industry’s Greatest Lie: You’re Buying Weed Wrong (And So Is Everyone Else)
There’s much more to cannabis than THC—for solid proof, look no further than the CBD boom—but when it comes to moving product on the legal recreational market, only two numbers matter: the list price, and the THC content. Super-potent cannabis flower, with THC percentages of 25 percent and up, dominate dispensary shelves. High-THC cannabis will […]
Lavish Parties, Greedy Pols and Panic Rooms: How the ‘Apple of Pot’ Collapsed
The warm California sun shone down on Adam Bierman as he stepped up to the ceremonial ribbon strung across the entrance of his latest triumph: a new store on Abbot Kinney Boulevard in Venice, the hottest retail strip west of the Mississippi. Bierman stood facing a pack of clamoring photographers. Behind him, inside the shop, […]
Medical and Recreational Marijuana: An Overview of the Various Issues Involved in Starting and Operating Marijuana Dispensaries Part 4
This article is the fourth part of a six-part series discussing the legal issues, operational challenges, and regulatory hurdles that marijuana-related businesses (MRBs) frequently encounter. Part 1 discussed the various fire, health, and safety risks that MRBs encounter while growing and cultivating marijuana plants inside large, indoor, commercial spaces. Part 2 discussed the three most […]
