Countdown to Maryland: Curaleaf Prepares for Adult-Use Sales June 29, 2023 Tom Hymes Maryland, News & Insights 0 Comments With mere days remaining before Maryland ushers in adult-use cannabis sales, leading MSO Curaleaf says it is ready for opening day and looking forward to a successful kick-off. “We are very excited to start adult-use sales in Maryland,” said CEO… Read More→
Curaleaf’s Ugly New Jersey Victory April 20, 2023 Tom Hymes Compliance and Regulations, News & Insights 0 Comments In the aftermath of the decision by the New Jersey Cannabis Regulatory Commission (CRC) to rescind its previous vote denying the renewal of adult-use licenses to the industry’s largest MSO – an about-face one could see coming a mile away… Read More→
New Jersey cannabis regulators will allow Curaleaf to renew its recreational license, vacating an earlier decision April 18, 2023 AggregatedNews New Jersey 0 Comments New Jersey cannabis regulators on Monday voted to allow Curaleaf to continue selling recreational marijuana in the state — with certain conditions — vacating an earlier decision to deny its license renewal. The move comes following a meeting last week… Read More→
Cannabis panel reverses course, approves key licenses for Curaleaf April 17, 2023 AggregatedNews New Jersey 0 Comments Panel had voted Thursday not to renew licenses for state’s largest cannabis retailer Curaleaf can continue selling recreational cannabis at all of its New Jersey locations after the state’s cannabis regulators reversed a decision they made Thursday that would have sharply limited… Read More→
Cannabis panel rejects Curaleaf’s bid to continue selling recreational weed April 14, 2023 AggregatedNews News & Insights 0 Comments Cannabis regulators on Thursday denied Curaleaf, the biggest player in New Jersey’s nascent cannabis industry, a renewal of the license that allows it to grow and sell recreational marijuana in the Garden State. The vote represents a surprising blow to… Read More→
MSOs Make the Case for Immediate Inclusion in NY’s Adult-Use Market March 16, 2023 Tom Hymes Compliance and Regulations, News & Insights 0 Comments UPDATED In a report prepared by MPG Consulting on behalf of Acreage Holdings titled New York Illicit Cannabis Market Absorption Analysis, the multistate operator presents a series of arguments and accompanying scenarios that depict varying outcomes for success with respect… Read More→
Name that Strain: Connecticut’s Strange Experiment With Cannabis Names & Numbers February 8, 2023 Tom Hymes Connecticut, Policy & Legal 0 Comments Other than the act of paying money and receiving a product in exchange, cannabis shopping in Connecticut is very, very different from anywhere else, by design. For reasons that defy comprehension, state law requires strain names to be both approved… 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→
How a Prominent Russian Oligarch Helped Start America’s Cannabis Industry January 24, 2023 AggregatedNews News & Insights 0 Comments Much of the start-up capital for the legal cannabis industry came from Russian oligarch Roman Abramovich, newly revealed records show. The 56-year-old Abramovich is perhaps the best known of the oligarchs who ended up controlling large parts of the Russian… Read More→
Cannabis giant Curaleaf just laid off over 200 employees as the industry’s downturn deepens December 1, 2022 AggregatedNews News & Insights 0 Comments Curaleaf, one of the largest cannabis companies in the world, has laid off hundreds of its staff, Insider has learned. The company laid off around 220 employees ahead of the Thanksgiving holiday, the company confirmed to Insider. In a statement… Read More→
All About the Execution: A Conversation with Curaleaf CEO Matt Darin October 24, 2022 Tom Hymes Company Stories, Multiple State Brands, Multiple State Operators, News & Insights, Spotlight 1 Comment With over 6000 employees, 144 dispensaries, and over 2,200 wholesale dispensary accounts across 21 states, and counting, Curaleaf is an MSO in constant motion, launching new stores here, buying new companies there, expanding its footprint not only nationally but internationally… Read More→
Cannabis: ‘The U.S. is a $100 billion opportunity,’ Tilray CEO says August 15, 2022 AggregatedNews Producers 0 Comments The U.S. market for cannabis is staggering, according to Tilray (TLRY) CEO Irwin Simon — even as it awaits a green light from Congress. "The U.S. is a $100 billion opportunity in cannabis," Simon told Yahoo Finance Live (video above).… Read More→
Curaleaf forced to remove thousands of medical marijuana products from NY dispensaries August 15, 2022 AggregatedNews New York, Producers 1 Comment Curaleaf, one of New York’s medical marijuana operators, has pulled tens of thousands of units of cannabis from dispensary shelves after the company switched to an unauthorized way of labeling potency that led patients to believe the marijuana they purchased was much… Read More→
What do we really know about the Russian roots of America’s biggest cannabis company? July 19, 2022 AggregatedNews Industry People, Multiple State Operators, News & Insights 1 Comment Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia New Jersey is far from Moscow. But when cannabis sales began in the Garden state on 21 April, one… Read More→
New Jersey legalized recreational marijuana in April. Cannabis companies were soon fined for not catering to medical patients June 24, 2022 AggregatedNews New Jersey 0 Comments New Jersey fined some of the U.S,’s largest marijuana companies for violating rules put in place when the state started sales of recreational pot in April. Curaleaf Holdings Inc. and four other dispensaries with locations in New Jersey processed almost 3,200 recreational… Read More→