Cannabis MSO Green Thumb Industries announces share-buyback program

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September 16, 2024

Cannabis multistate operator Green Thumb Industries Inc.’s board authorized a $50 million share-repurchase program over the next 12 months. Cannabis multistate operator Green Thumb Industries Inc.’s board authorized a $50 million share-repurchase program over the next 12 months. Read More

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What you need to know about Philly’s Black Cannabis Wee
by Kristen Mosbrucker-Garza on September 20, 2024
Organizers want to prepare Philadelphia entrepreneurs for the opportunity legalized adult-use marijuana in Pennsylvania would bring under a proposed social equity program.
Illinois company expects to open dual-use cannabis dispensary in Alliance
by Benjamin Duer on September 20, 2024
Progressive Treatment Solutions is looking to open a dual-use marijuana dispensary in Alliance "sometime in 2025."
Camping for Cannabis: Line of people wait for weeks in Redford hoping for a marijuana license
by Sarah Michals,Kent Saunders on September 19, 2024
Redford Township says the line started on Tuesday, September 10, the night the Township approved for the first time that they will be issuing marijuana licenses.
LA restaurateur opens weed dispensary near Buffalo airport
by Katie Anderson on September 19, 2024
A California restaurant owner now has two homes and a lot of commute time, after opening a weed dispensary near the Buffalo airport.
International Cannabis Lifestyle Brand Cookies Launches First Location in Louisiana
by businesswire on September 19, 2024
International cannabis and lifestyle brand Cookies is coming to Louisiana with the Sept. 20 grand opening of a new medical marijuana dispensary in par
L.A. ‘Romeo and Juliet’ accused of toting an AK-47 and terrorizing weed dispensaries
by Myriam Page on September 18, 2024
The couple had been dating for only one month before allegedly committing their first robbery
How the biggest brand in legal marijuana came to Baton Rouge
by The Advocate on September 18, 2024
Cookies-branded dispensary set to open Friday, will feature food trucks, DJ
Dispensaries in one Colorado town may soon be allowed to use ‘marijuana,’ ‘cannabis’ and similar terms on signs and ads
by Lindsey Grewe on September 18, 2024
Under a city ordinance in place since 2017, "marijuana" and similar have been verboten in Palisade, at least when it comes to advertisement.
Kaleafa Cannabis Weed Dispensary Beaverton Highlights Exclusive Tuesday Deals
by Kaleafa Cannabis Weed Dispensary Beaverton on September 18, 2024
Discover 15% off Feel Right and Kaleafa products at Kaleafa Cannabis Beaverton every Tuesday.
Osteria 166 owners opening weed dispensary in former Mighty Taco
by Katie Anderson on September 17, 2024
The owners of Osteria 166 are preparing to open their first weed dispensary — 23 years after their CAURD-license holder was arrested for smoking a joint outside a Broadway theater in New York City.
Zoning board gives cannabis company Trulieve a green light for Maple Avenue dispensary
by Shawn Digity on September 17, 2024
In January, a nationwide cannabis company, Trulieve, is expected to open in the former IHOP location on Maple Avenue in Zanesville.
Williamsville weed dispensary evicted, sued over unpaid rent
by Katie Anderson on September 16, 2024
A cannabis company that filed for bankruptcy in April is being sued for rent by its Williamsville landlord, which evicted the weed dispensary last month.
Michigan marijuana sales increase as Ohio joins the recreational cannabis market
by Adrienne Roberts on September 16, 2024
It's widely acknowledged that Ohio residents cross state lines to buy marijuana in Michigan, so sales figures were closely watched.
New NYS cannabis dispensary map locates existing and upcoming shops
by Alissa Clausell on September 15, 2024
Billings dispensary under fire after products found to be illegal synthetics
by Mack Carmack on September 14, 2024
A protest was held Saturday in the Billings Heights, after the CCD released a report stating that Wild West Wellness sells synthetic marijuana, and is an unlicensed business.
Store owner arrested as DC officials shut down another unlicensed cannabis dispensary
by WJLA on September 13, 2024
A store owner is facing charges after another unlicensed cannabis dispensary was shut down Friday in Northwest D.C., according to the ABCA.
Surfside Beach officials talk dispensary raid uncovers high THC level products
by WPDE on September 13, 2024
New details are available about the CBD dispensary that was raided Thursday in Surfside Beach.Surfside Beach Police Chief, Kenneth Davis told ABC15 that it star
11 New Cannabis Dispensary Licenses Issued in Hudson Valley
by The Wolf on September 13, 2024
Six of the new licenses were issued to businesses based in Dutchess County and five in Ulster County.
This state legalized cannabis. So why does it still have an illegal weed problem?
by POLITICO on September 13, 2024
City and state officials say they’ve shut down more than 1,300 illicit outlets. It’s believed that thousands more remain in business.
Cannabis competition creates carrier conundrum
by Josh Fisher on September 13, 2024
Marijuana legalization is spreading across the U.S., creating more speedbumps for fleets seeking new drivers. As more states legalize recreational use, some fleets are struggling...

New York cannabis chief equity officer resigns following exoneration from retaliation allegations
by John Schroyer on September 20, 2024 at 7:06 pm
Damian Fagon was put on administrative leave from his position in March after the OCM received allegations of retaliation. The post New York cannabis chief equity officer resigns following exoneration from retaliation allegations appeared first on Green Market Report.
MedMen sued for unpaid rent in New York after receiver shutters all state facilities
by John Schroyer on September 20, 2024 at 4:15 pm
MedMen's receiver also provided an update on the sale of assets in other states. The post MedMen sued for unpaid rent in New York after receiver shutters all state facilities appeared first on Green Market Report.
Tokyo Smoke launches stalking horse sale process
by Adam Jackson on September 20, 2024 at 2:18 pm
The court documents show that Tokyo Smoke has more than C$90 million worth of debt left on the books. The post Tokyo Smoke launches stalking horse sale process appeared first on Green Market Report.
Cybin misses end of summer goal for Phase 3 study start
by Debra Borchardt on September 20, 2024 at 1:13 pm
The company did not give a new date for the start of the study beyond describing it as imminent. The post Cybin misses end of summer goal for Phase 3 study start appeared first on Green Market Report.
Aurora Cannabis CEO Takes on Executive Chairman Role
on September 20, 2024 at 8:07 am
Miguel Martin is expanding his duties as part of a board leadership transition with outgoing Chairman Ron Funk appointed as lead independent director.
‘You can advertise’: Tips for navigating cannabis advertising in diverse markets
by John Schroyer on September 20, 2024 at 4:01 am
Experts advised to keep the message in mind regardless of the venue. The post ‘You can advertise’: Tips for navigating cannabis advertising in diverse markets appeared first on Green Market Report.
The Daily Hit: September 19, 2024
by Staff on September 19, 2024 at 10:12 pm
News from: Ayr Wellness, Michigan, Georgia and more. The post The Daily Hit: September 19, 2024 appeared first on Green Market Report.
Georgia pharmacy launches medical marijuana sales in defiance of DEA warning
by John Schroyer on September 19, 2024 at 9:23 pm
Georgia lawmakers approved the sale of low-THC products through pharmacies to expand patient access. The post Georgia pharmacy launches medical marijuana sales in defiance of DEA warning appeared first on Green Market Report.
Senate committee OKs bill to relax federal hiring rules on past cannabis use
by Adam Jackson on September 19, 2024 at 2:58 pm
A House version of the measure has languished in that chamber after being advanced from committee. The post Senate committee OKs bill to relax federal hiring rules on past cannabis use appeared first on Green Market Report.
Treez Files Summary Judgement in Lawsuit Against Feds Over Cannabis-Related Visa Denial
on September 19, 2024 at 2:07 pm
The federal government claims Treez must show its software developer from India ‘does not aid and abet activities that violate the CSA.’
Michigan marijuana market sets another sales record despite stricter enforcement, new competitors
by Dustin Walsh on September 19, 2024 at 1:56 pm
Low prices have insulated many Michigan operators from the effect of Ohio's adult-use market launch in August. The post Michigan marijuana market sets another sales record despite stricter enforcement, new competitors appeared first on Green Market Report.
In sudden move, Ayr Wellness’ CEO David Goubert is out
by Debra Borchardt on September 19, 2024 at 1:32 pm
The move has caught investors by surprise. The post In sudden move, Ayr Wellness’ CEO David Goubert is out appeared first on Green Market Report.
Trulieve to Open 150th Medical Cannabis Dispensary in Florida
on September 19, 2024 at 8:50 am
The Lake Worth retail location in Palm Beach County will host a grand opening celebration on Sept. 27.
AYR Wellness CEO David Goubert Steps Down Effective Immediately
on September 18, 2024 at 9:13 pm
The company’s board of directors approved the appointment of Steven M. Cohen as interim CEO.
Quest Climate, Hydrofarm Partner to Better Serve CEA Industry
on September 18, 2024 at 2:35 pm
The companies’ partnership marks the beginning of a new era of climate control category in the Controlled Environment Agriculture market.
Missouri Health Department Halts Embargoing Hemp-Derived Cannabinoid Products as ‘Adulterated’
on September 18, 2024 at 12:18 pm
The state’s Department of Health and Human Services recapped its enforcement strategies in a letter to an attorney representing a hemp association.
Tilray Medical Launches Redecan Cannabis Brand in Australia
on September 18, 2024 at 9:21 am
The company’s EU-GMP-certified medical cannabis products are now available in Australia with a prescription.
Hemp THC Drinks Legal in South Carolina, Solicitor General Concludes
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State Solicitor General Robert D. Cook told South Carolina House Speaker G. Murrell Smith Jr. that beverages with delta-9 THC from hemp are legal.
Workers at 2 Maryland Cannabis Dispensaries Vote to Unionize With UFCW Local 400
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Retail employees at The Apothecarium dispensary in Burtonsville and the Sweetspot dispensary in Olney voted in favor of unionizing.
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on September 17, 2024 at 8:32 am
The research breakthroughs are poised to transform cannabis cultivation in high-latitude regions, opening new doors for advanced breeding strategies.
The Complex Impact of Rescheduling Cannabis on Advertising
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The penalties for advertising Schedule I drugs don’t apply to Schedule III drugs, but cannabis businesses could be left in a precarious position.
Pennsylvania Lawmakers File Bipartisan Bill to Legalize Adult-Use Cannabis
on September 16, 2024 at 11:16 am
Reps. Aaron Kaufer and Emily Kinkead are sponsoring the legislation with 15 co-sponsors in the commonwealth.
11 States Projected to Be Billion-Dollar Cannabis Markets in 2024
on September 16, 2024 at 11:09 am
Maryland will be the newest state to join the 10-figure club this year, while three other states are expected to come just shy of the sales mark.
Green Thumb Industries Announces $50 Million Share Repurchase Program
on September 16, 2024 at 10:48 am
The program authorizes the cannabis company to repurchase up to nearly 10.6 million subordinate voting shares during the next 12 months.
Nebraska AG Announces Felony Charge Related to Fraudulent Signature Investigation of Cannabis Petitions
on September 13, 2024 at 12:37 pm
All of the suspected fraudulent signatures were traced back to one petition circulator in Hall County.

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Hyundai Unit Unlawfully Fired Cannabis Patient, Suit Says
by law360 on September 21, 2024
A subsidiary of Hyundai was hit with a discrimination lawsuit by a former employee in Connecticut who claims her usage of marijuana to manage her post-traumatic stress disorder was the reason for her termination.
New York Cannabis Regulator's Chief Equity Officer To Resign
by law360 on September 20, 2024
The chief equity officer of New York's Office of Cannabis Management has announced his imminent resignation from the agency, marking the latest high-profile departure to rock the Empire State's marijuana regulator.
What you need to know about Philly’s Black Cannabis Wee
by Kristen Mosbrucker-Garza on September 20, 2024
Organizers want to prepare Philadelphia entrepreneurs for the opportunity legalized adult-use marijuana in Pennsylvania would bring under a proposed social equity program.
Former NBA star and New Jersey native Al Harrington to open cannabis dispensary in Hoboken
by News 12 - Default on September 20, 2024
Al Harrington’s dream of one day opening a recreational dispensary in New Jersey dates back to his days playing ball for the Denver Nuggets when Colorado and Washington became the first two states to legalize recreational use.
High court? Justices rule smell of cannabis alone not enough to search car in Henry County
by KWQC staff on September 20, 2024
The Illinois State Supreme Court ruled unanimously that the smell of burnt cannabis alone is not enough to support a warrantless search of a vehicle.
Cannabis cafes could be coming to California
by Jackson Ellison on September 20, 2024
Why Floridians are ready to support recreational cannabis
by Miami Herald on September 20, 2024
Legalizing recreational cannabis is a significant step towards removing barriers that have historically limited access to cannabis | Opinion
Top Office of Cannabis Management official resigns after report finds allegations against him ‘unsubstantiated’
by Wes Parnell on September 20, 2024
It’s unclear why Damian Fagon chose to resign following the conclusion of the report from the Office of Inspector General.

Cannabis MSO Green Thumb Industries announces share-buyback program

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