The Oregon Liquor and Cannabis Commission on Monday launched the Cannabis and Alcohol Management Program (CAMP), a new online system for licensing state recreational marijuana and alcohol businesses. According to the OLCC, CAMP will make it easier for businesses to handle all their licensing needs in one place, such as …
Tag: Investing
Cannabis retailers sue Massachusetts town over $6M fees
Three cannabis retailers have filed a lawsuit against a Massachusetts township, alleging the improper collection of nearly $6 million in community impact fees, despite admissions from officials that the businesses have not incurred significant costs. The plaintiffs, Theory Wellness, Community Growth Partners Great Barrington Operations LLC, and Highminded LLC, allege …
New York Governor wants to review state licensing procedures
New York Gov. Kathy Hochul ordered a top-to-bottom review of the state’s licensing bureaucracy, beginning today and headed up by Jeanette Moy, the commissioner of the Office of General Services, according to a report in The New York Times. This comes just a few weeks after the governor described the …
More MSOs follow lead of Trulieve, Ascend on 280E
More cannabis companies are boarding the 280E avoidance train. After multistate operators Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) and Ascend Wellness Holdings (CSE: AAWH.U) (OTCQX: AAWH) announced to shareholders that they had filed amended tax returns for multiple years, with both expecting multimillion-dollar refunds as a result, more of their …