Nevada marijuana regulators awarded six new cannabis consumption permits via lottery, in a move to further expand the tourist-heavy state’s attractions for ganja fans. According to a news release from the Nevada Cannabis Compliance Board, the winners included Kora Cannabis Lounge LLP, Nevada Consumption Lounge LLP, and four other businesses …
When Illinois Gov. J.B. Pritzker last month touted his state’s social equity program as a possible “national standard,” some in the industry cringed. Word on the ground is that the program is at best still a work in progress and, at worst, a failed launch altogether. And according to state …
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) told investors it has closed on its previously announced acquisitions in Arizona and Virginia. As recently as July 29, Verano announced it intended to buy three subsidiaries from The Cannabist Company (Cboe CA: CBST) (OTCQX: CBSTF). The deal included Arizona properties 203 …
Falling sales, too many stores and declining cannabis prices have harshed the buzz for Arizona’s big cannabis market, with sales declining in both the medical marijuana and adult-use markets. According to cannabis data firm Headset, between August 2022 and July 2024, total sales in the state “peaked in March 2023 …