Bluum Rose Cones In the dynamic landscape of smoking accessories, Bluum Rose Cones and Lotus Cones by King Palm’s Bluum Leaf label emerge as revolutionary products that set a new benchmark for quality and sophistication. These all-natural wildflower rolls are meticulously handcrafted, petal by petal, ensuring each cone delivers unparalleled craftsmanship and excellence. Featuring innovative […]
Metrc will run the new seed-to-sale tracking program for Virginia’s medical cannabis market. The system, to launch in early summer 2025, will be required for all licensed MMJ processors, Virginia’s Cannabis Control Authority (CCA) announced Wednesday. The Metrc system will track cannabis from its growth cycle to production and sale, increasing consumer protection, enforcement and […]
The Massachusetts Cannabis Control Commission (CCC) has selected a former employee as its new executive director. David Lakeman, who has headed the marijuana division at the Illinois Department of Agriculture since 2020, served as head of government affairs at Massachusetts’ CCC between 2018 and 2020, the CommonWealth Beacon reported. The CCC, which oversees Massachusetts’ regulated […]
Kentucky regulators have awarded 26 medical marijuana licenses for cultivators and processors seeking to operate in the state’s impending industry. The businesses chosen Monday in the Office of Medical Cannabis’ lottery must pay a licensing fee within 15 days or forfeit their ability to receive a license, the agency’s executive director, Sam Flynn, told the […]
Colorado-based marijuana operator Green Dragon is calling it quits. The company notified the Colorado Department of Labor and Employment last week that it plans to lay off all 59 employees at the 92,000-square-foot grow facility in Denver it’s shuttering by the end of the year. Green Dragon said it plans to close all 17 of […]
A rebate program aimed at encouraging indoor farmers – those growing cannabis and other crops – to switch to LED lights proved so popular that Minneapolis-based utility company Xcel Energy ran out of money to pay for it. The funding shortfall has left cannabis ancillary companies such as Scynce LED on the hook for hundreds […]
In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs (AICPA) is trying to provide guidance aimed at cannabis businesses and tax professionals ahead of potential marijuana rescheduling. “Since the beginning of decriminalization and legalization of marijuana across a growing number of states, cannabis businesses and their CPAs […]
Maine regulators are expanding a recent recall of adult-use cannabis products possibly tainted with bacteria, yeast and mold. The Maine Office of Cannabis Policy (OCP) is recalling marijuana flower, pre-rolls and blunts produced by Greenville Junction-based Nova Farms and sold at a total of 23 marijuana stores in the Portland area after discovering “data irregularities” […]
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes. Chicago Atlantic, an Illinois-based commercial mortgage real estate investment trust, withdrew the entire loan at closing to repay its outstanding borrowings on its $110 million senior secured revolving credit facility and for […]
Minnesota’s recreational marijuana market is on track to launch in 2025, even as some potential businesses say they’re concerned that the process is taking too long. The state’s Office of Cannabis Management (OCM), created under the 2023 law approving adult-use marijuana, has the first draft of the rules, providing more direction about how businesses will […]
