Chris Furnari is an award-winning business writer covering complex and highly-regulated industries. He joined THCnet as editor-in-chief in October 2019. Prior to covering the cannabis sector, he spent nearly a decade as the driving force behind Brewbound, a leading online beer business trade publication.
Furnari also writes about the alcohol business for Forbes. He is frequently tapped to provide commentary on the beer and cannabis industries, and his analysis of industry trends has been referenced by The New York Times, CNBC, USA Today, The Boston Globe, and Cincinnati Public Radio, among others.
Furnari is a proud graduate of Santa Clara University, where he was a two-sport Division I athlete and served as the sports editor of the university's official weekly newspaper.
Denver-based GrowGeneration continued its acquisition streak Monday, announcing plans to purchase The GrowBiz, the third-largest chain of hydroponic garden centers in the United States. Specific financial terms of the deal were not disclosed, but the acquisition will add $50 million in annual revenue to GrowGeneration’s books, according to a news release.
Los Angeles-based cannabis drinks company Cann today revealed that it has the backing of numerous well-known celebrities, including actress Gwyneth Paltrow and former NBA star Baron Davis, among many others. Rebel Wilson, Ruby Rose, Darren Criss, Tove Lo, Casey Neistat and Bre-Z also invested in the company.
Pacific Consolidated Holdings Group Inc. (PCH), a newly formed operating and holding company focused on cannabis and analogous vice industries, today announced a merger of Saucey, a leading alcohol delivery and logistics platform, and Emjay, a prominent California focused vertically-integrated cannabis delivery and retail platform.
Voters in four states will decide whether to legalize adult-use cannabis this election season, while individuals in a fifth state – Mississippi – will be given the opportunity to legalize the use of medical marijuana.
Denver-based GrowGeneration (NASDAQ: GRWG) announced Monday the acquisition of Phoenix’s largest indoor and outdoor garden center, Hydroponics Depot, for an undisclosed sum. The purchase adds to GrowGen’s expanding national footprint of Hydroponic gardening stores, which now includes 29 locations across 11 states.
Columbia Care is pushing deeper into the adult-use cannabis market. The New York-based multistate operator announced Thursday the launch of its first “internally developed cannabis lifestyle brand,” called Seed & Strain.
Vermont Gov. Phil Scott (R) said Wednesday he would allow a cannabis legalization bill to become law without his signature. The legislation, S. 54, creates a commercial marijuana market in The Green Mountain State and establishes a 14% tax on all cannabis products.
Pabst Blue Ribbon is moving from the dive bars to dispensaries. The 176-year-old brand — which in recent years has expanded into whiskey, hard coffee and hard seltzer — now adorns cans of cannabis-infused seltzer that are sold at a handful of California pot shops.