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Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust ...
On June 1, 2019, Illinois became the 11th state to allow recreational use of marijuana; [13] on June 3, Cresco CEO Bachtell announced plans to double the company's employee headcount from 300 to 600 by the start of 2020 to meet recreational demand, which he estimated would initially be "four to eight times" the size of the medicinal cannabis ...
Some estimate the expansion could bring in up to 365,000 new patients into the medical marijuana program generating an additional $425 million in revenue for the state. [21] On August 12, 2019 Governor J. B. Pritzker signed into law legislation that once again expands Illinois' medical cannabis program and also makes it permanent. [22]
The Oregon Liquor and Cannabis Commission (OLCC), formerly known as the Oregon Liquor Control Commission, is a government agency of the U.S. state of Oregon.The OLCC was created by an act of the Oregon Legislative Assembly in 1933, days after the repeal of prohibition, as a means of providing control over the distribution, sales and consumption of alcoholic beverages. [1]
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Privateer Holdings acquired Leafly in 2011. In 2014, Leafly became the first cannabis company to place an advertisement in the New York Times. [8] Privateer owns 76 percent of Tilray Inc., [9] a company federally licensed by the Government of Canada to produce, process, package and distribute medical cannabis. The company operates a 60,000 sq ...
CannaSafe, an ISO-accredited cannabis testing laboratory that services roughly 30% of the California cannabis market, announced Wednesday that Aaron Riley, the company's former president, has been ...
The Hemp and Cannabis Foundation (THCF) was founded in 1999 [1] by Paul Stanford in Portland, Oregon.To date, THCF has helped over 250,000 patients obtain a legal permit to use medical marijuana in the states where it is legal and where THCF has clinics. [2]