Native Roots’ COO Beth Kotarba on Sustainability and the Single-State Business Model February 14, 2023 Tom Hymes Colorado, Industry People, News & Insights, Spotlight 0 Comments New industries do not emerge from the primordial muck of a federal prohibition every day, and when they do the immutable law of government malaise predictably dictates that there will be years of market chaos before something resembling a functional… Read More→
Curaleaf’s Boris Jordan on Reallocation, SAFE Banking, and Suing New York (Maybe) February 1, 2023 Tom Hymes Cannabis Investments, Company Stories, News & Insights, Spotlight 0 Comments Last week, Curaleaf, one of the cannabis industry’s largest multistate operators by any metric, including international footprint, announced the closure of operations in California, Colorado, and Oregon. The subhead of its press release, “Proactive Exit Will Generate Additional Cash and… Read More→
POSaBIT Buys Suite of Platforms (Leaf Data Systems, MJ Platform and Ample Organics) from Embattled Akerna Corp. January 27, 2023 Brian MacIver Science and Technology, Spotlight 0 Comments POSaBIT, the cannabis point-of-sale (POS) and payments software company, this morning announced its planned acquisition of MJ Platform (MJ Freeway), Leaf Data Systems, and Ample Organics from embattled software company Akerna Corp. for US$4 million in an all-cash transaction. The… Read More→
Catching Up With Kanha: The Sunderstorm Brand Targets Thailand and Beyond January 23, 2023 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments Like any cannabis company building on the success of its branding efforts, California-based Sunderstorm, producer of Kanha gummies, is constantly reevaluating its expansion strategy while trying to stay true to the elements that enabled it to create a sustainable brand… Read More→
lolo has NorCal Cannabis Co. Feeling Not-So-Low January 23, 2023 Brian MacIver Company Stories, Cultivation, Spotlight 0 Comments NorCal Cannabis Co. might not be a nationally recognized name (yet), but California consumers are definitely buying their products. The company, officially launched in 2015, saw its lolo cannabis brand hit the top spot in units sold and second place… Read More→
Are Experts’ Warnings About Delta-8 Really Being Heeded by States? (UPDATED) January 19, 2023 Tom Hymes Cannabis & Hemp Research, Hemp Policy & Legal, News & Insights, Spotlight 2 Comments A report released last week recommending the regulation of "hemp-derived non-delta-9-Tetrahydrocannabinol products" in Maryland would seem to be a good thing. Its issuance is already being characterized as a call-to-action for the legislature to act. The 134-page report by the… Read More→
FundCanna Goes Where Banks Fear to Tread January 17, 2023 Tom Hymes Banking, Finance & Real Estate, News & Insights, Spotlight 0 Comments Founded in 2021, Solana Beach, California-based FundCanna offers a growing repertoire of financial products to cannabis businesses in need of funds. Specializing in loans that target small to medium-sized businesses, but also able to meet the needs of larger companies,… Read More→
Revisiting Jushi: A Conversation with CEO Jim Cacioppo January 10, 2023 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments When CBE profiled Jushi Holdings (CSE: JUSH) (OTCQX: JUSHF) in June of 2021, the Boca Raton-Florida-based company operated 19 retail stores in a handful of states from coast to coast, and was looking forward to opening many more stores as… Read More→
CannabizTeam Offers Full-Spectrum Employment For The Cannabis Industry January 2, 2023 Tom Hymes Company Stories, HR and Staffing, News & Insights, Spotlight 0 Comments Founded in 2016, CannabizTeam focuses all of its energy on human resources in the cannabis industry, which represents a remarkably complex and diverse arrangement of labor, especially when one works with the entire supply chain, which CannabizTeam does on a… Read More→
CEO Thom Brodeur on Helming Two Cannabis-Related Companies December 27, 2022 Tom Hymes Ancillary Businesses, Hemp Industry News, News & Insights, Packaging, Spotlight 0 Comments Most CEOs have their plates full running one company. Thom Brodeur runs two companies without seeming to break a sweat, a feat he’d be the first to say does not reflect the years of transformative work he has overseen since… Read More→
Metrc CEO Michael Johnson Wants a Reputation Redo for the Track-and-Trace Platform December 20, 2022 Tom Hymes News & Insights, Seed-to-Sale, Spotlight 0 Comments As 2023 approaches, the cannabis industry as we know it is going through what is generally referred to as “tough times,” with many companies – but not all – wondering if and how they will survive. Budgets have been slashed,… Read More→
Fluent in Florida: CEO Robert Beasley’s Strategy of Growth by Contraction December 12, 2022 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments Founded in 2016, Cansortium Inc. is the publicly traded parent company of Florida-based Fluent, which was rebranded from Knox Medical in May 2019. Fluent is a multistate operator with a reach as far west as Texas and as far north… Read More→
Utah Synthetic: Lezli Engelking and FOCUS for the Audit (Part Two) December 7, 2022 Tom Hymes Cannabis & Hemp Research, News & Insights, Spotlight, Utah 0 Comments In Part 1 of this two-part look at Utah’s ongoing struggle with synthetic cannabinoids, Christine Stenquist of TRUCE, a Utah-based patient advocacy group, outlined the roots of the situation, the reasons why the issue is coming to a head, and… Read More→
Utah Synthetic: A Deep Dive with the Erin Brockovich of Cannabis, Part One December 5, 2022 Tom Hymes Cannabis & Hemp Research, News & Insights, Spotlight 2 Comments Christine Stenquist, the founder/president of Utah’s Together for Responsible Use and Cannabis Education (TRUCE), said on a recent call that she tells people she is the Erin Brockovich of cannabis. The statement was made a good half-hour into our interview,… Read More→
Presidential Celebrates Ten Year Anniversary with Multistate Expansion December 1, 2022 Tom Hymes Company Stories, News & Insights, Spotlight 0 Comments Presidential Cannabis Company is as deeply rooted as any cannabis brand in California, especially in the southern half of the state, where its distinctively packaged high-end infused prerolls have held a place on store shelves since the 215 days, when… Read More→