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by ExtrovertingJun 7, 20244:32 AMJune 7, 2024

Bright Green expands goals but still hasn’t harvested any DEA cannabis

Bright Green Corp. (Nasdaq: BGXX) recently published a letter from its chief executive officer, Gurvinder Singh, telling investors of its lofty goals and strategy of accepting foreign investor money through an EB-5 program, the employment-based fifth preference visa participants receive. According to the U.S. Citizenship and Immigration Services, an investor …

by ExtrovertingJun 6, 20249:02 PMJune 7, 2024

THCA prices decline in May as autoflower cultivation takes root

THCA hemp flower is emerging as a disruptive force for the cannabis industry, while other industry segments face increasing competition and price fluctuations. A new report by Hemp Benchmarks, shared with Green Market Report, confirmed wholesale prices for THCA hemp flower have maintained parity with marijuana in several regulated adult-use …

by ExtrovertingJun 6, 20243:09 PMJune 7, 2024

More cannabis distress in California as major producing county reports decline in taxes

Yet another sign of distress in the legal cannabis market of California has surfaced, as Santa Barbara County reported that marijuana tax revenues have again fallen short, as four dispensaries that had planned to open this year have not yet launched. The southern California county, which is one of the …

by ExtrovertingJun 6, 20242:02 PMJune 8, 2024

Missouri picks 57 new cannabis license winners via lottery

Missouri cannabis regulators have chosen the winners of 57 new marijuana microbusiness permits through a lottery conducted this week, all of whom must now be reviewed to ensure they’re eligible for the licenses. The winners were picked from a pool of more than 2,000 entrepreneurs who submitted applications for the …

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