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→
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→
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→
Tax implications of cannabis rescheduling February 12, 2024 Michael Harlow Banking, Finance & Real Estate, IRS 280E, News & Insights, Spotlight 1 Comment By Michael Harlow and Seth Sherer, Cohn Reznick Over the years we have had many planning meetings with clients where they express extreme frustration when they see their projected tax liability. More than one has told us that 280E makes… 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→
What Overturning Chevron Could Mean for Cannabis January 23, 2024 Tom Hymes Hemp Policy & Legal, News & Insights, Spotlight 0 Comments If the United States Supreme Court overturns the longstanding Chevron deference, which is not unlikely considering the mien of certain justices during recent oral arguments as well as a general antipathy to the doctrine that has developed over the years,… Read More→
The Local/National Focus of Timeless Refinery January 16, 2024 Tom Hymes Company Stories, Multiple State Brands, News & Insights, Spotlight 0 Comments Arizona-based Timeless Refinery, which celebrated its ten-year anniversary in 2023, is a self-funded multi-state lifestyle house of brands that owes its longevity to creating and sustaining a local following in every market it enters. As explained by President Josh Hirschey,… Read More→
SCOTUS Denies Certiorari to Dispensary Owner Seeking Citizenship (UPDATED) January 10, 2024 Tom Hymes Federal, Interstate Commerce, News & Insights, Spotlight 0 Comments Lost among the many, many cases denied certiorari by the United States Supreme Court in its order list for the week of Monday, January 8, 2024 was Reimers V. U.S. Citizen & Immigration Services, a case the plaintiff was desperately… Read More→
BDSA Augurs Cautious Optimism for 2024 December 27, 2023 Tom Hymes News & Insights, Spotlight 0 Comments As 2023 ends, the focus of the cannabis industry shifts to 2024 and the trends that will determine the health of individual markets, specific market sectors, and the overall industry, which could possibly see movement at the federal level in… Read More→
LeafLink Refocused (UPDATED) December 11, 2023 Tom Hymes News & Insights, Science and Technology, Spotlight, Supply Chain 0 Comments It has been about 18 months since Cannabis Business Executive profiled Artie Minson, who had just joined New York-based LeafLink after five years at WeWork, joining the executive team as the online cannabis wholesaler’s new president and chief operating officer.… Read More→
Kanha: Still Bullish on Thailand December 5, 2023 Tom Hymes Edibles & Infused Processors, News & Insights, Spotlight, Thailand 0 Comments It only took a year for Thailand’s cannabis economy, if you will, to create so much concern in the easygoing nation of 70 million that a newly elected government in September announced plans to “rectify” its predecessor’s nascent cannabis policy,… Read More→
Safe Harbor Financial’s Year of Living Dangerously November 28, 2023 Tom Hymes Banking, Finance & Real Estate, News & Insights, Spotlight 0 Comments Denver, Colorado-based Safe Harbor Financial (Nasdaq: SHFS) was profiled by Cannabis Business Executive back in February 2022, in the middle of a De-SPAC transaction that, once completed, would greatly expand the fintech platform’s reach and ability to provide its long-established… Read More→
Azuca Expands Its Reach & Product Offerings November 16, 2023 Tom Hymes Company Stories, Spotlight 0 Comments Recently ranked no. 214 on the Inc. 5000 list of fastest-growing private companies in America, New York-born and New Mexico-based Azuca has also added new products to its offerings since Cannabis Business Executive profiled the company in July of 2022.… Read More→