TOP OF THE CLASS
High Tide are Canada’s leading cannabis company for revenue
According to new data released by New Cannabis Ventures, High Tide is now Canada’s top revenue-generating cannabis company, reports Forbes.
The company, which is the largest non-franchised cannabis retail chain in Canada, has 142 Canna Cabana bricks-and-mortar stores across the country, and Raj Grover, President and Chief Executive Officer of High Tide, says having great real estate is “arguably the single biggest factor in determining long-term success.”
Grover told the publication: “There isn’t simply one secret to High Tide’s growth and 10 straight quarters of positive EBITDA, rather, it is a result of leveraging several unique strengths.”
Rhode Island adult-use cannabis sales kick off just 6 months after legalization
Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s smallest state, a market that is expected to generate $300 million in sales within a few years, reports MJ Biz Daily.
The state only approved recreational sales six months ago, and the quick roll out has seen Rhode Island’s municipalities authorise adult-use retail before the launch of sales.
The publication highlights that 33 of the state’s 39 municipalities – totalling 85% – have opted in, representing one of the highest percentage of opt-ins by municipalities among any recreational market.
Joe Pakuris, co-owner of Mother Earth Wellness, which opened its doors as a medical marijuana dispensary on 18 November, told the publication: “We’re anticipating to actually get back 50% of the people that are going to Massachusetts once they see the great product offering here in Rhode Island.”
LUCKY DAY
Nevada’s cannabis consumption lounge lottery announces first winners
Nevada cannabis regulators have announced the winners of the state’s first 40 cannabis consumption lounge licensees, reports Marijuana Moment.
A total of 20 licenses were awarded to new independent businesses, with half going to social equity applicants, however, current retailers are able to apply for a separate license category to build lounges into their existing operations.
Governor Steve Sisolak stated: “While most of the consumption lounges in other states don’t offer food, beverages or other entertainment options. “Nevada’s lounges will be a one-stop entertainment shop to create jobs, grow the industry and boost our economy.”
RACING FOR FIRST
Czechia moves ahead of Germany in race to establish Europe’s first commercial adult-use cannabis market
Last year the country announced that comprehensive cannabis reform would be delivered by early 2024.
Now, there is a strong possibility the Czechia’s ruling right-leaning coalition will overtake Germany and become the first European country to create a commercially-based, adult-use cannabis market, reports BusinessCann.
Benjamin-Alexandre Jeanroy, of Paris-based cannabis consultancy Augur Associates, told the publication that: “Germany has to overcome the lack of a majority in the Upper House, the Bundesrat, the issues caused by the conservatives slowing down cannabis reform, whilst the on-going differences between members of the Traffic-Light Coalition should not be underestimated.”
Rhode Island adult-use cannabis sales kick off just 6 months after legalization
Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s smallest state, a market that is expected to generate $300 million in sales within a few years, reports MJ Biz Daily.
The state only approved recreational sales six months ago, and the quick roll out has seen Rhode Island’s municipalities authorise adult-use retail before the launch of sales.
The publication highlights that 33 of the state’s 39 municipalities – totalling 85% – have opted in, representing one of the highest percentage of opt-ins by municipalities among any recreational market.
Joe Pakuris, co-owner of Mother Earth Wellness, which opened its doors as a medical marijuana dispensary on 18 November, told the publication: “We’re anticipating to actually get back 50% of the people that are going to Massachusetts once they see the great product offering here in Rhode Island.”
LUCKY DAY
Nevada’s cannabis consumption lounge lottery announces first winners
Nevada cannabis regulators have announced the winners of the state’s first 40 cannabis consumption lounge licensees, reports Marijuana Moment.
A total of 20 licenses were awarded to new independent businesses, with half going to social equity applicants, however, current retailers are able to apply for a separate license category to build lounges into their existing operations.
Governor Steve Sisolak stated: “While most of the consumption lounges in other states don’t offer food, beverages or other entertainment options. “Nevada’s lounges will be a one-stop entertainment shop to create jobs, grow the industry and boost our economy.”
RACING FOR FIRST
Czechia moves ahead of Germany in race to establish Europe’s first commercial adult-use cannabis market
Last year the country announced that comprehensive cannabis reform would be delivered by early 2024.
Now, there is a strong possibility the Czechia’s ruling right-leaning coalition will overtake Germany and become the first European country to create a commercially-based, adult-use cannabis market, reports BusinessCann.
Benjamin-Alexandre Jeanroy, of Paris-based cannabis consultancy Augur Associates, told the publication that: “Germany has to overcome the lack of a majority in the Upper House, the Bundesrat, the issues caused by the conservatives slowing down cannabis reform, whilst the on-going differences between members of the Traffic-Light Coalition should not be underestimated.”
Rhode Island adult-use cannabis sales kick off just 6 months after legalization
Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s smallest state, a market that is expected to generate $300 million in sales within a few years, reports MJ Biz Daily.
The state only approved recreational sales six months ago, and the quick roll out has seen Rhode Island’s municipalities authorise adult-use retail before the launch of sales.
The publication highlights that 33 of the state’s 39 municipalities – totalling 85% – have opted in, representing one of the highest percentage of opt-ins by municipalities among any recreational market.
Joe Pakuris, co-owner of Mother Earth Wellness, which opened its doors as a medical marijuana dispensary on 18 November, told the publication: “We’re anticipating to actually get back 50% of the people that are going to Massachusetts once they see the great product offering here in Rhode Island.”
LUCKY DAY
Nevada’s cannabis consumption lounge lottery announces first winners
Nevada cannabis regulators have announced the winners of the state’s first 40 cannabis consumption lounge licensees, reports Marijuana Moment.
A total of 20 licenses were awarded to new independent businesses, with half going to social equity applicants, however, current retailers are able to apply for a separate license category to build lounges into their existing operations.
Governor Steve Sisolak stated: “While most of the consumption lounges in other states don’t offer food, beverages or other entertainment options. “Nevada’s lounges will be a one-stop entertainment shop to create jobs, grow the industry and boost our economy.”
RACING FOR FIRST
Czechia moves ahead of Germany in race to establish Europe’s first commercial adult-use cannabis market
Last year the country announced that comprehensive cannabis reform would be delivered by early 2024.
Now, there is a strong possibility the Czechia’s ruling right-leaning coalition will overtake Germany and become the first European country to create a commercially-based, adult-use cannabis market, reports BusinessCann.
Benjamin-Alexandre Jeanroy, of Paris-based cannabis consultancy Augur Associates, told the publication that: “Germany has to overcome the lack of a majority in the Upper House, the Bundesrat, the issues caused by the conservatives slowing down cannabis reform, whilst the on-going differences between members of the Traffic-Light Coalition should not be underestimated.”
Rhode Island adult-use cannabis sales kick off just 6 months after legalization
Rhode Island’s long-awaited shift to adult-use cannabis sales finally arrives Thursday in the nation’s smallest state, a market that is expected to generate $300 million in sales within a few years, reports MJ Biz Daily.
The state only approved recreational sales six months ago, and the quick roll out has seen Rhode Island’s municipalities authorise adult-use retail before the launch of sales.
The publication highlights that 33 of the state’s 39 municipalities – totalling 85% – have opted in, representing one of the highest percentage of opt-ins by municipalities among any recreational market.
Joe Pakuris, co-owner of Mother Earth Wellness, which opened its doors as a medical marijuana dispensary on 18 November, told the publication: “We’re anticipating to actually get back 50% of the people that are going to Massachusetts once they see the great product offering here in Rhode Island.”
LUCKY DAY
Nevada’s cannabis consumption lounge lottery announces first winners
Nevada cannabis regulators have announced the winners of the state’s first 40 cannabis consumption lounge licensees, reports Marijuana Moment.
A total of 20 licenses were awarded to new independent businesses, with half going to social equity applicants, however, current retailers are able to apply for a separate license category to build lounges into their existing operations.
Governor Steve Sisolak stated: “While most of the consumption lounges in other states don’t offer food, beverages or other entertainment options. “Nevada’s lounges will be a one-stop entertainment shop to create jobs, grow the industry and boost our economy.”
RACING FOR FIRST
Czechia moves ahead of Germany in race to establish Europe’s first commercial adult-use cannabis market
Last year the country announced that comprehensive cannabis reform would be delivered by early 2024.
Now, there is a strong possibility the Czechia’s ruling right-leaning coalition will overtake Germany and become the first European country to create a commercially-based, adult-use cannabis market, reports BusinessCann.
Benjamin-Alexandre Jeanroy, of Paris-based cannabis consultancy Augur Associates, told the publication that: “Germany has to overcome the lack of a majority in the Upper House, the Bundesrat, the issues caused by the conservatives slowing down cannabis reform, whilst the on-going differences between members of the Traffic-Light Coalition should not be underestimated.”
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