Commentary: Pull New York’s legal cannabis industry back from the brink

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March 13, 2025

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Woodbridge Officials are 'High’ on New Marijuana Shop & Avenel's New Look
by TAPinto on March 12, 2025
WOODBRIDGE, NJ — A new marijuana dispensary has opened on Route 1 South in Avenel, and municipal officials are pleased with this latest redevelopment along the Route 1 corridor.The new Mad Hatter...
Ohio House version of recreational marijuana bill would keep many of Issue 2's provision, with some tweaks
by Megan Henry (Ohio Capital Journal) on March 8, 2025
Ohio House rolls out its own cannabis bill, with fewer changes than Senate version
by Sarah Donaldson on March 7, 2025
An Ohio House GOP lawmaker has introduced changes to cannabis law, just a week after the Senate along party lines sent over an overhaul of the state’s adult-use program.
Ohio House Republicans introduce their own proposal to rewrite state's recreational marijuana law
by Megan Henry on March 6, 2025
A week after Ohio Senate Republicans passed a bill that would overhaul the state’s marijuana law, Ohio House Republicans introduced their own proposal. Their version would keep home grow and tax levels the same, but reduce THC levels and redirect most of the tax revenue.
House Republicans introduce their own plan for recreational marijuana in Ohio
by Anna Staver, cleveland.com on March 6, 2025
The plan introduced Thursday in the Ohio House sticks closer to what voters passed in November 2023.
Ohio House GOP proposes marijuana legislation that's less restrictive than Senate's version
by Morgan Trau on March 6, 2025
The Ohio House has introduced a rival bill to the Senate's restrictive marijuana reform. This one is more mild. It keeps the amount of plants you are allowed to grow, but limits THC content.
Newest local marijuana dispensary hopes strategic location helps expand market beyond Ohio
by James Pilcher, WKRC on March 6, 2025
The number of cannabis dispensaries in Southwest Ohio has reached nearly two dozen, with the latest addition being Nectar in Harrison. The stor
Miami's First Medical Cannabis Dispensary Opens Within City Limits | Newsradio WFLA Orlando
by @wflaorlando on March 6, 2025
The opening comes almost a decade after medical marijuana was legalized in Florida.
New group calls for testing medical cannabis in Maine
by Susan Cover on March 5, 2025
The Alliance for Responsible Cannabis in Maine includes health professionals, child health advocates and state lawmakers who want medical cannabis to be tested.
Senate Republicans move to restrict sales of Delta-8, CBD products
by Anna Staver, cleveland.com on March 4, 2025
The sale of many full spectrum CBD and intoxicating hemp products could be restricted to marijuana dispensaries if a Senate Republican bill becomes law.
Former Steeler's cannabis dispensary on McKnight Rd. gets OK
by audacy on March 4, 2025
A new medical marijuana dispensary will be coming to McKnight Road, but only after a challenge over regulations. Ross Township Commissioners voted unanimously to approve the facility on Monday night.
Here’s how the Trump tariffs will impact weed prices
by Rachelle Gordon on March 4, 2025
The Trump tariffs take effect today, and will likely impact prices on everything from automobiles to electronics and yes, weed.
Northland's First Recreational Cannabis Dispensary Now Open In Northern Minnesota
by Nick Cooper on March 4, 2025
The business is the first of its kind in the region.
A Plan for Legal Weed Shops Failed. New York Wants Its Money Back.
by Ashley Southall on March 4, 2025
The state contributed $50 million to a failed plan to build 150 dispensaries. Gov. Kathy Hochul’s plan to recover the money has stirred concern.
How far apart should legal weed stores be in NYC? Retailers demand clarity
by https://gothamist.com/staff/caroline-lewis on March 3, 2025
State regulators are using their discretion to grant exceptions to a 1000-feet-apart rule.
9 quick hits of cannabis news from across Michigan
by @gandernewsroom on March 3, 2025
Michigan’s cannabis industry is always evolving, with new headlines rolling in faster than a fresh joint at a smoke session.
A new state law opens the door for Amsterdam-style cannabis cafes. Why hasn’t one opened in the Bay Area?
by Kyle Martin on March 2, 2025
“It’s a huge opportunity for the Bay Area. We are the undisputed capital of cannabis culture worldwide. And this is the future,” said Assemblyman Matt Haney, who authored the bill.
Owner of Jazz Cannabis Club says his dispensary was broken into three times in recent months
by Tiarra Braddock on March 2, 2025
The owner of Jazz Cannabis Club is offering $10,000 for information that will help police catch the suspects of the break-ins.
New cannabis dispensary opens in the Northland
by Marisa Ornat on March 1, 2025
While the state Legislature legalized recreational marijuana in 2023, most of Minnesota must wait for state regulations to be established later this year for retail sales.
Queens weed shops spark outrage in Nassau County
by Jodi Goldberg on February 28, 2025
Legal cannabis dispensaries in Queens are stirring controversy with officials in neighboring Hempstead and North Hempstead, where recreational marijuana sales are banned.

Blüm Holdings turns the corner after restructuring, posts 67% revenue growth in 2024
by Debra Borchardt on March 13, 2025 at 3:23 pm
The company divested some assets and added three California retail stores. The post Blüm Holdings turns the corner after restructuring, posts 67% revenue growth in 2024 appeared first on Green Market Report.
Neural Therapeutics to list on Canadian Stock Exchange after raising C$518,000
by John Schroyer on March 13, 2025 at 2:56 pm
Neural expects its share to commence trading "shortly." The post Neural Therapeutics to list on Canadian Stock Exchange after raising C$518,000 appeared first on Green Market Report.
Advanced Flower Capital sees earnings, dividends decline in 2024
by Debra Borchardt on March 13, 2025 at 2:19 pm
Three company loans were given nonaccrual status in 2024. The post Advanced Flower Capital sees earnings, dividends decline in 2024 appeared first on Green Market Report.
Wana Brands Brings THC-Infused Sparkling Hemp Beverages to Total Wine & More Stores Nationwide
on March 13, 2025 at 1:51 pm
The strategic partnership increases consumer availability for premium cannabis beverages.
Village Farms reports increased revenue and beats estimates
by Debra Borchardt on March 13, 2025 at 1:22 pm
Despite the improved revenue, the company's earnings were impacted by a charge due to some low quality inventory. The post Village Farms reports increased revenue and beats estimates appeared first on Green Market Report.
Ascend Wellness Reports $562 Million in 2024 Revenue
on March 13, 2025 at 1:03 pm
The cannabis company also reported its second full year of positive cash from operations and positive free cash flow.
The Cannabist revenues fall as company trims back markets
by Debra Borchardt on March 13, 2025 at 12:56 pm
The Cannabist has high hopes of capitalizing on the new Ohio market. The post The Cannabist revenues fall as company trims back markets appeared first on Green Market Report.
The Cannabist Co. Reports $459 Million in 2024 Revenue
on March 13, 2025 at 12:24 pm
The cannabis company continues to complete divestitures, reduce operating and overhead costs, and refine its inventory assortment.
Idaho Lawmakers Introduce Cannabis Legalization Bill Days After Passing Resolution to Block Voters’ Powers
on March 13, 2025 at 8:01 am
The bipartisan legislation to legalize medical cannabis aims to set up a system of importation that collides with federal law.
Cresco looks for Kentucky boost, takes hard pass on New York retail
by John Schroyer on March 13, 2025 at 4:35 am
Company executives cited the $5 million transition fee as a reason for sitting back in New York. The post Cresco looks for Kentucky boost, takes hard pass on New York retail appeared first on Green Market Report.
Ascend Wellness report full-year revenue increase despite fourth-quarter slump, but full year revenue grew 8.3%
by Debra Borchardt on March 12, 2025 at 9:16 pm
Despite the yearly increase in revenue, the company is still grappling with continued losses. The post Ascend Wellness report full-year revenue increase despite fourth-quarter slump, but full year revenue grew 8.3% appeared first on Green Market Report.
New Mexico Bill to Provide Health Insurance for Medical Cannabis Advances
on March 12, 2025 at 5:21 pm
The legislation could further the argument that cannabis has currently accepted medical use despite federal prohibition in the U.S.
UC Asset buys remaining ownership of a cannabis property
by Debra Borchardt on March 12, 2025 at 4:53 pm
UC Asset typically gives sellers shares in the company in lieu of cash. The post UC Asset buys remaining ownership of a cannabis property appeared first on Green Market Report.
Simply Solventless is buying CanadaBis Capital in C$16 million deal
by Debra Borchardt on March 12, 2025 at 1:42 pm
The combined companies expect to save C$5 million and be stronger together. The post Simply Solventless is buying CanadaBis Capital in C$16 million deal appeared first on Green Market Report.
Green Thumb Unveils 3rd Annual Social Impact Report
on March 12, 2025 at 1:24 pm
The cannabis company’s ‘Growing For Good’ program focused on community, inclusion, restorative justice and the environment.
Chicago Atlantic feels net income pinch
by Debra Borchardt on March 12, 2025 at 1:17 pm
Chicago Atlantic missed the analyst expectations for earnings. The post Chicago Atlantic feels net income pinch appeared first on Green Market Report.
Cresco Labs’ Disciplined Strategy Drives Record Cash Flow in 2024 Financial Results
on March 12, 2025 at 1:05 pm
The cannabis company reported $132 million in operating cash flow for the full year, representing a 126% increase from 2023.
Grow America Builders Completes Construction of New Flowery Cannabis Dispensary on Upper West Side, NYC
on March 11, 2025 at 2:50 pm
The completion of the dispensary in Manhattan marks the national cannabis design-build construction firm’s sixth project in New York City.
Tilray Medical Introduces High-THC, High-Terpene Genetics to German Market
on March 11, 2025 at 1:40 pm
The company launched Tilray Craft, a brand extension within its medical cannabis portfolio in Germany.
California’s 2nd Largest City to Hike Cannabis Tax 25% Amid $258M Deficit
on March 11, 2025 at 1:08 pm
San Diego City Council members approved a tax increase on cannabis retailers starting May 1 in hopes of closing the budget deficit.
Meet the 2025 Best Cannabis Companies to Work For
on March 11, 2025 at 9:19 am
The sixth annual ‘Best Cannabis Companies’ program recognizes organizations that stand out for their ongoing efforts to create great places to work.
Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License
on March 10, 2025 at 1:17 pm
The cannabis company will manage a facility with up to 25,000 square feet of canopy as one of two operators with a Tier 3 license.
Idaho Lawmakers Advance Resolution to Block Citizens From Voting on Cannabis Legalization
on March 7, 2025 at 6:29 pm
The House-passed resolution aims to amend the state’s constitution by rolling back the democratic process of citizen-initiated ballot measures.
The Cannabist Co. Achieves 70% Support For Agreement to Extend Senior Secured Notes Maturity Date
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The cannabis company announced that additional holders of issued the Senior Notes entered into joinders to the definitive support agreement.
TerrAscend Reports $307 Million in 2024 Revenue
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The cannabis company closed the books on its sixth consecutive quarter of positive free cash flow.

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Rules for social cannabis use could go up for debate this month
by Colin A. Young on March 13, 2025
The latest draft framework for allowing people to use marijuana in public social settings could be released next week as the Cannabis Control Commission considers feedback from public health experts,
Calif. company's injectable cannabis could cause 'serious harm,' FDA says
by Lester Black on March 13, 2025
The FDA said the IV cannabis product poses "risks of serious harm."
Islip Town weighs allowing cannabis sales, repealing prior opt-out law
by Sam Kmack on March 13, 2025
Islip officials are weighing a plan to opt out of cannabis sales, repealing a 2021 law prohibiting it in town borders.
State senate bill aims to end cannabis odor searches
by Ashwin Padmanabhan on March 13, 2025
The Illinois Senate Criminal Law Committee is working to pass a bill that would eliminate the odor of cannabis as probable cause for police officers to conduct vehicle searches. As of Tuesday Feb. 25th, the bill has passed its second reading and awaits further review and voting. The bill comes after a pair of rulings...
AAA studies cannabis consumption in an effort to deter driving under its influence
by Lucia Viti on March 13, 2025
AAA studies cannabis consumption and driving looks to deter driving under its influence.
Watch: Chicago chefs attempt world's largest cannabis-infused pizza for Pi day
by @nbcchicago on March 13, 2025
A collaboration between a Chicago pizza shop and dispensary has high aims for this year’s Pi Day celebrations: cheffing up a cannabis-infused pizza of record-setting size.
Rove Recognized As A Best Cannabis Company To Work For in 2025
by PR Newswire on March 13, 2025
This week, Rove has been named one of the 2025 Best Cannabis Companies to Work For by Cannabis Business Times. The Costa Mesa-based brand earned a spot as one of the top-ten cannabis companies to work for.
Port Erin: Trio found with £9k of cannabis 'immature', deemster says
by bbc.com on March 13, 2025
Finley Corrin, Morgan Baker and Joshua Maxwell, all 19, are spared jail after pleading guilty.

Commentary: Pull New York’s legal cannabis industry back from the brink

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