Wrigley Chewing Gum Heir To Take Cannabis MSO Parallel Public Via $1.9 Billion Deal
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an entertainment mogul to take the cannabis multistate operator public through a transaction that values the company at $1.9 billion. Ceres Acquisition...
Gage Cannabis And Cookies To Open Second Michigan Retail Location Feb. 26 In Kalamazoo
Gage Cannabis Co. announced that on Feb. 26 the company will host the grand opening of its Kalamazoo store, the second COOKIES provisioning center in Michigan. COOKIES, an international cannabis lifestyle brand founded by rapper and entrepreneur Berner, opened its...
Sales Of Cannabis Pre-Rolls Up Nearly 50 Percent In 2020 Despite Pandemic
Sales of cannabis pre-rolls surged nearly 50% last year in key recreational markets, defying expectations that the often-shared product would suffer during a global pandemic caused by a respiratory-related virus. Pre-rolls have become the second-fastest-growing...
Feds Shouldn’t Waste Resources On Marijuana Enforcement In Legal States, Biden AG Pick Says
President Joe Biden’s pick for attorney general said on Monday that it is not “a useful use of limited resources” to go after people who are complying with state marijuana laws. He also citied cannabis enforcement as an example of the racially discriminatory impact of...
New Jersey (Finally) Legalizes Recreational Cannabis
This is a great week for New Jerseyans, though many argue the celebration is long overdue. On Monday, Feb 22, Democratic New Jersey Governor Phil Murphy signed legislation that legalizes the retail sale of cannabis and removes criminal offenses for possession of up to...
Genetic Editing Offers Marijuana And Hemp Companies A Way To Improve Plant Strains
The development of new genetic-editing technology offers cannabis companies a cost-effective way to make specific changes to marijuana and hemp plants – such as more disease resistance – without creating a genetically modified organism (GMO). The technology, known as...
State’s 2 Cannabis Microbusinesses Tell You What You Need To Know To Get A License
A Michigan microbusiness license allows the holder to grow up to 150 plants, process those plants into a variety of cannabis extracts and edibles, and sell those products directly to the consumer. Today on Four20 Post we have the state’s only two microbusiness license...
New Jersey Recreational Marijuana Implementation Law Signed, Setting Stage For $1 Billion Market
New Jersey Gov. Phil Murphy on Monday finally signed a law to implement a projected $1 billion recreational marijuana market, hours after lawmakers agreed on a “clean-up measure” that had held up the process for months. Adult-use sales could begin before year-end. New...
MRA’s Social Equity Program Announces February Business Resource Workshop, Featuring Our Cannabis
LANSING – The Marijuana Regulatory Agency (MRA) is announcing the date, time, and location for its February Business Resource Workshop hosted by the Social Equity Program, featuring Our Cannabis. Date: Thursday, February 25,...
Marijuana Foes Deploy New ‘Playbook’ To Thwart State Legalization, Upend Election Results
Efforts to thwart voter-approved marijuana legalization in Mississippi, Montana and South Dakota are evidence of a “playbook” that reflects new legal strategies and greater willingness among local government officials to nullify election results, experts say. Those...
