Jan. 27, 2025 Edition of NJBIZ

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January 27, 2025

error code: 502 Inside: NJMEP’s Peter Connolly seeks to build on a successful 2024; Oregon-based Grön brings a new cannabis business model to New Jersey; Hackensack Meridian Health CEO Robert Garrett discusses Davos, AI and the future of health care; we shine our Spotlight on AI in business; and much more! Read More

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Daily News Hits

Chicago City Council committees to take up hemp regulation, taxation

January 30, 2025

Daily News Hits

Nebraska lawmakers hear about hemp, delta-8

January 30, 2025

Daily News Hits

New Mexico gets marijuana superstore, largest dispensary statewide

January 30, 2025

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Cranbury's Breakwater marijuana company looks to sell legal weed to everyone
by Mike Davis on January 30, 2025
Breakwater Treatment and Wellness is seeking approval to sell legal weed to all adults at its Roselle Park dispensary.
New Mexico gets marijuana superstore, largest dispensary statewide
by Rowan Dunne on January 30, 2025
It has surpassed Ultra Health's largest pot shop in Bernalillo, formerly the most expansive, by 3,000 sq ft
Weed or no weed? NJ town to decide fate of future dispensaries
by Susan Loyer on January 29, 2025
In 2023, voters defeated a non-binding ballot question allowing the sale of recreational marijuana in the borough by a 1,396 to 1,207 margin.
First marijuana dispensary in Manteca holds soft opening
by Esteban Reynoso on January 28, 2025
Person shot near S.F. cannabis dispensary in SoMa
by Jordan Parker on January 28, 2025
Officers were told a suspect was “possibly” in a nearby building and are still at the...
The Race for All-Powerful Pot
by Katie J.M. Baker,Megan Twohey,Danielle Ivory,Jeremy Singer-Vine on January 25, 2025
Inside the $32 billion industry transforming marijuana, its consumption and beliefs about its ability to heal.
Batavia’s first marijuana dispensary may open this summer
by Molly Morrow on January 25, 2025
On Tuesday, the Batavia City Council approved plans for what would be the city’s first recreational marijuana dispensary.
‘An elevated experience’: Salt Shed now sells cannabis during shows
by WGN-TV on January 24, 2025
CHICAGO — Concertgoers at the Salt Shed now have another way to catch a buzz thanks to a new collaboration with a Chicago-based cannabis company. On Friday, Green Thumb Industries Inc. will op…
First-ever dispensary opens at Salt Shed
by Justin Kaufmann on January 23, 2025
The new dispensary will sell hemp-derived THC products.
First-ever hemp-derived THC retail store opens at Salt Shed
by Justin Kaufmann on January 23, 2025
The new shop will sell hemp-derived THC products.
Explosion at Kent Island pot plant injures workers, shutters businesses
by Ryan Dickstein on January 23, 2025
Investigators believe the explosion occurred inside an extraction booth where propane and butane were being used.
Colorado Springs finally approved recreational marijuana. Could the new market be snuffed out before it starts?
by John Aguilar on January 19, 2025
The Colorado Springs City Council may refer a new election ballot measure asking voters to vote, again, on recreational cannabis sales — just months after voters approved retail pot.
Masked men break into Deroche weed dispensary
by Mission City Record Staff on January 18, 2025
Pair escape with 'very little product' after fleeing police in truck
WATCH: Four suspects break in, rob Battle Creek marijuana dispensary
by Autumn Pitchure I News Channel 3 on January 17, 2025
Battle Creek Police are shedding light on an alarming trend in West Michigan: robberies at marijuana dispensaries.
Four arrested in connection to Battle Creek marijuana dispensary break-in
by Liz Shepard on January 17, 2025
Police said a large amount of stolen marijuana was recovered.
Florida marijuana company appeals judge's decision to ban pot dispensaries at gas stations
by News Service of Florida on January 17, 2025
The pending petition, in part, questioned state health officials’ position that locating a dispensary adjacent to a convenience store would increase risks of crime.
Up in smoke? Wells dispensary owner's push for recreational marijuana faces pushback
by Shawn P. Sullivan on January 17, 2025
“I’m just asking, ultimately, if we can let the voters decide,” said Joel Pepin, who wants to open a recreational marijuana store in Wells.
Plan to open first marijuana dispensary in Batavia nears approval
by Susan Sarkauskas on January 16, 2025
Plans for a marijuana dispensary to open in a former Arby’s restaurant in Batavia are moving forward. The city council will vote on a request for a conditional use permit Tuesday for Dutchess Cannab...
Ohio GOP backtracks on restricting recreational marijuana
by Morgan Trau on January 16, 2025
Ohio House Speaker Matt Huffman, who just a month ago said he wanted to drastically change the state's marijuana law, has seemingly had a change of heart.
Weed dispensary to open inside of iconic venue
by Cara Wietstock on January 15, 2025
RISE at Salt Shed will sell exclusive merch (think hats and tees) alongside hemp-derived delta-9 products.

Good Shroom Co. to rebrand as Mercanto Holdings
by John Schroyer on January 30, 2025 at 10:26 pm
The company also announced the launch of a new stock option plan. The post Good Shroom Co. to rebrand as Mercanto Holdings appeared first on Green Market Report.
Colorado awards half a million dollars in grants to 17 social equity cannabis businesses
by John Schroyer on January 30, 2025 at 9:44 pm
The money comes from the state Cannabis Business Grant. The post Colorado awards half a million dollars in grants to 17 social equity cannabis businesses appeared first on Green Market Report.
Prairie Cannabis Announces Grand Opening of Illinois Dispensary
on January 30, 2025 at 6:47 pm
The new cannabis retail facility is located on the border between Naperville and Warrenville.
Willow Industries, Abstrax Unveil Revolutionary Cannabis Terpene Infusion System
on January 30, 2025 at 6:28 pm
With unparalleled precision and safety, the HALO machine advances the quality standards and application process for terpene-infused flower.
Senate Debanking Hearing Won’t Include Cannabis Witnesses; Federal Reform Unlikely This Congress
on January 30, 2025 at 5:19 pm
After former Senate Majority Leader Chuck Schumer sat on the SAFER Banking Act for 15 months, reform remains slim under a new Republican majority.
Bright Green goes bankrupt under Chapter 11
by Debra Borchardt on January 30, 2025 at 4:43 pm
The company plans to reorganize and relaunch under a new name. The post Bright Green goes bankrupt under Chapter 11 appeared first on Green Market Report.
IIPR reaches deal with PharmaCann to resolve lease default
by Adam Jackson on January 30, 2025 at 3:50 pm
Under the agreement, the multistate operator will shed cultivation sites in Michigan and Massachusetts. The post IIPR reaches deal with PharmaCann to resolve lease default appeared first on Green Market Report.
Body and Mind sells Illinois properties to Dutchess Cannabis
by Debra Borchardt on January 30, 2025 at 3:05 pm
Dutchess is paying $5 million in cash for the two properties. The post Body and Mind sells Illinois properties to Dutchess Cannabis appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on January 30, 2025 at 3:00 pm
The Cannabis Related Business Team at Community Choice Credit Union is ready to light up your financial strategy. The post Cannabis-related banking requires cannabis expertise appeared first on Green Market Report.
C21 posts sales growth in third quarter, boosted by new store
by Adam Jackson on January 30, 2025 at 1:52 pm
The company's addition of a new Reno dispensary helped drive growth, even as statewide cannabis sales declined. The post C21 posts sales growth in third quarter, boosted by new store appeared first on Green Market Report.
California Wildfires, Cannabis Rescheduling, Wisconsin Legalization Lead CBT’s Top Stories in January
on January 30, 2025 at 10:30 am
The natural disaster in California led to supply chain disruptions and confusion, with details about its impact at the forefront of the most-read articles this month.
Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim
by Adam Jackson on January 30, 2025 at 5:31 am
The lawn-and-garden giant's CEO says its cannabis unit could be "more valuable" as a stand-alone business. The post Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim appeared first on Green Market Report.
Ohio Republicans poised to tighten cannabis industry rules, raise taxes
by John Schroyer on January 30, 2025 at 5:21 am
The measure would make sweeping changes, such as gutting social equity provisions and restricting the number of licenses. The post Ohio Republicans poised to tighten cannabis industry rules, raise taxes appeared first on Green Market Report.
High Tide posts C$3.8 million loss for fiscal year 2024
by John Schroyer on January 29, 2025 at 11:12 pm
Stagnate same-store sales and an non-cash impairment dragged down the Canadian company's results. The post High Tide posts C$3.8 million loss for fiscal year 2024 appeared first on Green Market Report.
Legendary Cannabis Breeder David Watson, aka ‘Sam the Skunkman,’ Dies
on January 29, 2025 at 6:48 pm
The California breeder, who moved to Amsterdam in the 1980s, established one of the world’s most extensive seed libraries, among other industry feats.
Safe Harbor Financial CEO Stepping Down
on January 29, 2025 at 2:50 pm
Sundie Seefried is planning to retire in 30 days but will remain as a board member. The company is commencing a CEO succession initiative.
Safe Harbor Financial Commences CEO Succession and Strategic Planning Initiative
on January 29, 2025 at 11:11 am
Sundie Seefried will become Co-CEO and retire in 30 days, remaining on the Board of Directors post-transition, and Business Transformation Expert, Terry Mendez will become CEO upon retirement of Seefried
The Man Behind DEA’s Federal Marijuana Scam
on January 28, 2025 at 1:31 pm
DEA Senior Policy Adviser Matthew Strait defied presidential mandates for medical research, MMJ International Holdings claims.
David Paul Watson (aka 'Sam the Skunkman') – Obituary
on January 28, 2025 at 9:20 am
Watson's ready supply revolutionized homegrown gardening globally, built the foundations of today’s most popular sinsemilla varieties, and spawned the steadily advancing international cannabis industry.
Indiana House Republicans Block Amendment to Remove Cannabis From Schedule I
on January 28, 2025 at 7:47 am
A supermajority shot down a Democrat’s attempt to delist cannabis from the state’s list of controlled substances.
Trulieve Opening Medical Cannabis Dispensary in Palm Coast, Fla.
on January 27, 2025 at 1:29 pm
The New Flagler County location is the company’s 161st retail facility in Florida with a grand opening celebration set for Jan. 31.
AYR Wellness Appoints George Denardo as President
on January 27, 2025 at 1:17 pm
Denardo is also AYR’s chief operating officer. He will oversee all of the cannabis company’s vertically integrated operations in his additional role.
Cannabis Rescheduling Participant Never Consented to Interlocutory Appeal Motion
on January 27, 2025 at 10:49 am
Cannabis attorney says an ‘inadvertent error’ led to Ellen Brown’s inclusion on the motion for an appeal that she ‘vehemently’ opposes.
Worm Power Secures $900,000 Grant from USDA to Accelerate Production of its Sought-After Sustainable, Earthworm-Fueled Fertilizer
on January 23, 2025 at 5:27 pm
New York–based company set to expand facility and advance production methods to meet growing customer demand for its breakthrough vermicomposting products
Aurora Cannabis Launches First Domestically Grown Medical Cannabis Brand in Germany Under New Cultivation License
on January 23, 2025 at 3:12 pm
Investment in the region continues with the launch of IndiMed, the company's first locally grown brand in Germany.

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Fine-Tuning Strict Odor Controls for Cannabis Greenhouses in Carpinteria Valley
by Melinda Burns on January 30, 2025
“We really need to listen to the neighbors,” a Santa Barbara County planning commissioner says.
Cranbury's Breakwater marijuana company looks to sell legal weed to everyone
by Mike Davis on January 30, 2025
Breakwater Treatment and Wellness is seeking approval to sell legal weed to all adults at its Roselle Park dispensary.
Aurora delivers its first medical marijuana crop in Germany
by Chris Casacchia on January 30, 2025
Canadian producer Aurora Cannabis has delivered its first flower product in Germany’s growing medical marijuana market.
Gov. Andy Beshear awards first medical marijuana cards in Kentucky
by Marina Johnson on January 30, 2025
Gov. Andy Beshear awarded two individuals with the first medical marijuana cards of the program in his Team Kentucky update Thursday afternoon.
Leading U.S. Cannabis Brand STIIIZY Announces Product Expansion Into New York Beginning February 7
by STIIIZY on January 30, 2025
/PRNewswire/ -- STIIIZY, America's best selling cannabis lifestyle brand, announced its official expansion into New York. Beginning February 7, consumers 21+...
Santa Cruz County moves to legalize cannabis cafes
by Joyce Kim on January 30, 2025
Santa Cruz County is progressing toward legalizing cannabis consumption lounges after an 18-month process.
Scotts Miracle-Gro to spin off cannabis arm Hawthorne
by Margaret Jackson on January 30, 2025
The Scotts Miracle-Gro Co. plans to spin off its cannabis unit, Hawthorne Gardening Co., into a stand-alone operation.
One defendant pleads guilty to robbery charge in fatal Mount Vernon cannabis heist
by Jonathan Bandler on January 30, 2025
At least one of the 10 men charged in last year's fatal robbery at a Mount Vernon cannabis warehouse has admitted taking part in the brazen heist.

Jan. 27, 2025 Edition of NJBIZ

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