GrowGeneration Buys Maine’s Grow Depot
GrowGeneration Buys Maine’s Grow Depot

GrowGeneration has struck yet another deal. The Denver-based company announced Monday plans to expand in Maine via the acquisition of two “Grow Depot” stores located in Auburn and Augusta.

Vangst Shares Cannabis Compensation, Career Insights in New Report
Vangst Shares Cannabis Compensation, Career Insights in New Report

Are you looking to break into the cannabis industry? Wondering what you can expect to earn? Colorado-based recruiting agency Vangst has you covered. On Monday, Vangst released its newest “Salary Guide” detailing statistics about new cannabis industry job creation and compensation.

Massachusetts Cannabis Dispensary Association Drops Delivery Lawsuit After Members Defect
Massachusetts Cannabis Dispensary Association Drops Delivery Lawsuit After Members Defect

An influential cannabis trade group in Massachusetts has dropped a controversial lawsuit over newly enacted home delivery rules after several of its members ended their involvement with the group.

Adult-Use Cannabis Sales Commence in Arizona
Adult-Use Cannabis Sales Commence in Arizona

Sales of adult-use cannabis in Arizona began on Friday, less than three months after voters overwhelmingly approved legalization during the 2020 election. According to Arizona Department of Health Services (ADHS) records, 86 cannabis establishments were licensed as of January 22, 2021. Three of those businesses are listed as nonoperational, however.

Former Cresco and Green Thumb Execs Launch New Cannabis SPAC
Former Cresco and Green Thumb Execs Launch New Cannabis SPAC

Cresco Labs co-founder and former president Joe Caltabiano is launching a $100 million SPAC (special purpose acquisition corporation) aimed at acquiring cannabis companies in the U.S., Canada or international markets. The so-called blank check company, Choice Consolidation Corp., today filed a 137-page preliminary prospectus with Canadian Securities Administrators.

Colorado Cannabis Sales Top $2 Billion in 2020
Colorado Cannabis Sales Top $2 Billion in 2020

Cannabis sales in Colorado eclipsed a record $2 billion in 2020, state records show. According to the Department of Revenue’s Marijuana Enforcement Division (MED), adult-use cannabis shops throughout the Centennial State raked in nearly $1.6 billion year-to-date through November. Meanwhile, medical marijuana dispensaries sold more than $405 million worth of products during the 11-month period.

Cresco Labs Names New COO
Cresco Labs Names New COO

Chicago-based cannabis firm Cresco Labs has hired consumer packaged goods veteran Ty Gent as its new COO. Gent most recently served as the chief supply chain officer of US Foods, one of the largest foodservice distributors in the U.S.

Review: Rhythm 'Recover' CBD-Infused Seltzer
Review: Rhythm 'Recover' CBD-Infused Seltzer

Rhythm recently expanded its line of CBD-infused seltzers to include a third variety: Recover. Formulated with natural lemon and ginger flavors, 15 milligrams of broad-spectrum hemp extract, and turmeric root extract, Recover is fresh and inviting.

NCIA Public Policy Director Andrew Kline Departs for Law Firm Perkins Coie
NCIA Public Policy Director Andrew Kline Departs for Law Firm Perkins Coie

Andrew Kline, who served for two years as the director of public policy at the National Cannabis Industry Association (NCIA), has departed the Denver-based trade group for a role with multinational law firm Perkins Coie.

Molson Coors Launches CBD Drinks in Colorado
Molson Coors Launches CBD Drinks in Colorado

Molson Coors is now officially competing in the increasingly crowded U.S. market for CBD drinks. In a news release, the multinational beverage company said its line of non-alcoholic sparkling waters infused with cannabidiol (CBD), called Veryvell, were now being sold across Colorado.

Australis Capital Announces Acquisitions, Names Terry Booth CEO
Australis Capital Announces Acquisitions, Names Terry Booth CEO

In a pair of news releases issued last week, Australis Capital said it would wholly acquire Nevada-based Green Therapeutics — a cannabis company founded by former MedMen president and Australis interim CEO Duke Fu — and purchase a 51% stake in greenhouse design company ALPS, formerly known as Aurora Larseen Projects.

Vireo Health Closes Nevada Acquisition, Launches New Terpene-Enhanced Cannabis Flower
Vireo Health Closes Nevada Acquisition, Launches New Terpene-Enhanced Cannabis Flower

It took nearly two years, but Minneapolis-based Vireo Health International has finally closed its acquisition of four cannabis licenses in Nevada. In a news release, Vireo said the purchase would permit the multistate operator it to cultivate and produce cannabis products for both medical and adult-use.

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