Cannabis Business

Nevada’s First Licensed Cannabis Lounge Closes After Just Over a Year

Cannabis News, Cannabis And Culture, Cannabis Business / By kushmediagroup

Nevada’s first state-licensed cannabis consumption lounge, Smoke and Mirrors, has closed its doors just 14 months after opening, according to a report by KLAS. Operated by Thrive, the Las Vegas-based lounge had been seen as a potential model for cannabis hospitality in the state, but its closure underscores the growing challenges facing the emerging lounge […]

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Minnesota Unveils $2 Million Grant Program to Support Local Growers and Industry Equity

Cannabis News, Cannabis Business / By kushmediagroup

The Minnesota Office of Cannabis Management (OCM) announced the launch of a $2 million grant program designed to help farmers and organizations provide training, education, and financing to those navigating the state’s expanding industry. The CanGrow farmer loan and training grants aim to equip farmers with the resources and tools needed to enter or grow

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Lazy Bear Partners with Sonoma Hills Farm to Launch Signature Cannabis Strain

Cannabis News, Cannabis And Culture, Cannabis Business / By kushmediagroup

In a groundbreaking collaboration that blends fine dining with cannabis culture, San Francisco’s Michelin two-star restaurant Lazy Bear has partnered with Sonoma Hills Farm to release Lazy Bear Reserve, a bespoke cannabis strain, San Francisco Standard reports. The partnership is believed to be the first of its kind between a cannabis grower and a fine-dining

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Ohio Sees $3M Sales Surge Ahead of First 420 Celebration Under Adult-Use Market

Cannabis News, Cannabis And Culture, Cannabis Business / By kushmediagroup

In the days leading up to April 20 — widely recognized as 4/20 — cannabis sales in Ohio spiked by $3 million, according to the Ohio Division of Cannabis Control (DCC). Dispensaries throughout the state brought in more than $20 million in total sales from April 13–19, MITechNews reports. This marks Ohio’s first 4/20 celebration

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Michigan Proposes Vape Recycling Program to Support Industry Sustainability

Cannabis News, Cannabis Business, Cannabis In Science & Health / By kushmediagroup

Michigan’s Cannabis Regulatory Agency (CRA) is considering new rules that would allow licensed businesses to collect and recycle used vape products—an effort aimed at improving environmental sustainability within the state’s fast-growing industry. CRA Executive Director Brian Hanna told Metro Times that the proposed initiative stems directly from concerns raised by businesses over the past two

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Minnesota Submits Final Cannabis Rules, Market Launch Nears

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

Minnesota’s Office of Cannabis Management (OCM) has submitted its final draft of regulations for the state’s adult-use cannabis industry. If approved by an administrative law judge, cannabis licenses could be awarded within weeks, marking a major step toward the market’s official launch. “These rules lay the foundation to ensure Minnesotans can have confidence in a

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Cannabis NYC Executive Director Dasheeda Dawson Resigns Amid Investigation

Cannabis News, Cannabis Business / By kushmediagroup

Dasheeda Dawson, the founding executive director of Cannabis NYC, announced that she is stepping down from her role. Cannabis NYC, launched in 2022 under the New York City Department of Small Business Services, was created to help entrepreneurs navigate cannabis licensing and business development. Dawson, who previously served as Portland, Oregon’s top cannabis official, stated

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Gold Flora Files for Receivership Amid Legal and Financial Struggles

Cannabis News, Cannabis Business / By kushmediagroup

California-based Gold Flora Corporation has filed for voluntary receivership, seeking court protection to manage its financial challenges. The company cites legacy lawsuits from its acquisition of TPCO Holding Corp, rising operational costs, and high-yield debt as primary reasons for the filing. Despite reporting over $100 million in annual revenue and operating 16 dispensaries across California,

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FBI Blocks Delaware’s Cannabis Licensing Background Checks – What’s Next

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

Delaware’s adult-use cannabis industry is facing an unexpected hurdle after the FBI denied the state’s request to conduct federal background checks for cannabis business applicants. The FBI rejected the request due to vague legal language, stating that Delaware’s law must explicitly define which individuals are required to undergo these checks to avoid overly broad application.

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$1.6 Million Spent on Cannabis Lobbying in Pennsylvania Last Year, Spotlight PA Reports

Cannabis News, Cannabis Business, Cannabis Legalization / By kushmediagroup

A recent analysis by Spotlight PA reveals that 26 companies spent over $1.6 million on lobbying efforts for cannabis reforms in Pennsylvania last year. Among the biggest spenders were multistate cannabis companies, with over $800,000 of the total coming from these industry giants. Trulieve, a prominent player in nine states, allocated more than $210,000 to

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