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Trulieve appoints marijuana MSO’s co-founder Pernell as president

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February 27, 2025

Trulieve Cannabis Corp. co-founder James Pernell has been appointed president of the Florida-based marijuana multistate operator. Trulieve Cannabis Corp. co-founder James Pernell has been appointed president of the Florida-based marijuana multistate operator. Read More

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DC cracks down on 'gifting' weed shops in massive sweep
by Christopher Harris on February 27, 2025
For years, unlicensed cannabis shops in D.C. operated under the guise of “gifting” marijuana, but in the past six months, officials have shut down 25 for illegal sales and safety violations.
Traffic woes and safety fears mount as 8th pot shop opens in Menominee: 'It is concerning'
by Barbara Bellinger, WLUC-TV & FOX 11 News staff on February 27, 2025
Per Wisconsin law, you'll find no marijuana dispensaries in Marinette. North of the Menominee River, however, the cannabis market is heating up.
Hot topics: Rental regulations, marijuana dispensaries discussed at Lisbon council meeting
by Huston Bobbie on February 27, 2025
LISBON — Residents packed Tuesday’s Lisbon Council meeting to discuss two hot-button agenda items — proposed rental regulations and the possibility of a cannabis dispensary in the village’s future. The dispensary discussion was moot, according to Mayor Pete Wilson. Wilson explained the size of the village at just 1.4 square miles and state regulations that
$8M later, this state has yet to open single cannabis dispensary
by Cara Wietstock on February 26, 2025
Those rooting for Alabama medical cannabis licensing have seen millions in taxpayer dollars go towards failed attempts and litigation.
Bill would cap the number of marijuana dispensaries across the state
by John Hooks on February 26, 2025
State lawmakers last week advanced a bill that would cap the number of marijuana dispensaries in Montana.
Monroe County set to receive more than $1 million in cannabis revenue
by Suzanne Nolan Wisler on February 26, 2025
See how much in cannabis revenue sharing Monroe Township, Luna Pier and Petersburg will receive from fiscal year 2024.
How New York’s Plan for Reparations Became a Debt Trap for Marijuana Retailers
by Ashley Southall on February 26, 2025
New York persisted with a plan to build flagship dispensaries for people the state once prosecuted for weed offenses, even as it failed to meet its goals.
Medical marijuana dispensary allowed to open next to children’s day care, with Florida law overriding more restrictive Miami-Dade code - WSVN 7News | Miami News, Weather, Sports
by Kevin Boulandier on February 26, 2025
A medical marijuana dispensary — opening right next door to a day care. Parents are concerned — but the dispensary’s CEO says they have aRead More
Woody Harrelson Wishes He Could Invite Bob Marley To His Marijuana Dispensary—But Fears The Reggae Legend Would Out-Smoke Him
by Kyle Jaeger on February 25, 2025
If actor Woody Harrelson could choose anyone living or dead to patronize his Los Angeles marijuana dispensary’s “Ganja Giggle Garden,” he says he’d pick a classic cannabis icon: Bob Marley. But he conceded that he doesn’t think he could go “toke-for-toke” with the late reggae star. During an appearance on The Late Show With Stephen
A potential legal battle looms over New Jersey’s new proposed weed laws
by Henry Savage on February 25, 2025
A proposed law in New Jersey could allow medical dispensaries to sell recreational weed. A local town threatens to sue if it happens.
Lenawee County set to receive more than $1 million in adult-use marijuana funds
by Brad Heineman on February 25, 2025
Lenawee County and its communities that house adult-use marijuana establishments will be the recipient of revenue sharing dollars from the Marihuana Regulation Fund.
Is weed legal in Florida? Here are the laws to harsh your buzz for spring break 2025
by C. A. Bridges on February 24, 2025
Don't fire it up. If you;re coming to Florida for spring break, be aware of the marijuana laws here. They're not friendly..
Free medical cannabis program launches at West Hollywood dispensary
by Samantha Gowen on February 24, 2025
The Compassion Program expects to help up to 100 medical patients and veterans monthly.
Michigan communities with pot stores to split $100 million in cannabis tax revenue
by Mitch Hotts on February 24, 2025
Michigan booming marijuana market continues to pay off in additional money for various projects in local cities, townships, and tribes.
Selling medical marijuana costs a fortune. As fewer shops open, patients feel the squeeze
by Will Katcher | WKatcher@masslive.com on February 23, 2025
The scarcity of medical marijuana dispensaries compared to recreational pot shops — and the hurdles it presents patients — reflect fundamental issues in state's medical marijuana market and how it's regulated, patients and industry experts say.
City of Byron applies for weed dispensary
by Brandon Antony on February 22, 2025
It's been in the works for awhile now. A municipal cannabis dispensary in Byron. And now it's finally coming to fruition.
Local entrepreneurs roll out crypto fix for cash-only cannabis dispensaries
by Steve Neavling on February 21, 2025
$5 ATM transaction fees are a costly and inconvenient feature in an industry that doesn’t take credit cards. Could cryptocurrency be the solution?
Nassau County residents sound alarm over marijuana shop opening on Queens border
by Chanteé Lans on February 20, 2025
Just across a bustling Union Turnpike in bordering New Hyde Park under the town of North Hempstead, cannabis shops are not allowed.
Best Online Dispensary: Where to Buy Premium Weed on a Budget
by RiponPress.com on February 19, 2025
Switching from a brick-and-mortar store to an online dispensary can be a game-changer for cannabis fans, allowing you to get the best THC products available delivered directly to your door.
Phillipsburg Gets Set for Second Cannabis Shop: Broad Street Buds Approved by Town Council
by TAPinto on February 18, 2025
Discover Phillipsburgs newest cannabis retailer, Broad Street Buds LLC, approved for recreational sales. Explore our thriving cannabis community!

Trulieve, Green Thumb take different paths into hemp-THC drinks
by Adam Jackson on February 28, 2025 at 5:07 am
Trulieve is betting the farm on its new hemp drinks, while GTI keeps regulatorily risky hemp operations at arm's length. The post Trulieve, Green Thumb take different paths into hemp-THC drinks appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on February 28, 2025 at 4:40 am
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.
New York lawmakers quiz state cannabis czar, say unlicensed market still a major problem
by John Schroyer on February 27, 2025 at 10:41 pm
Legislators also sought clarity on how regulators were handling supply chain challenges and the troubled social equity fund. The post New York lawmakers quiz state cannabis czar, say unlicensed market still a major problem appeared first on Green Market Report.
Trulieve Announces Appointment of Co-Founder Jason Pernell as President
on February 27, 2025 at 5:48 pm
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Ayurcann posts 25% sales growth in second quarter, projects C$50M revenue in 2025
by Adam Jackson on February 27, 2025 at 5:26 pm
The Ontario-based cannabis company saw a 25% revenue jump despite still swimming in the red. The post Ayurcann posts 25% sales growth in second quarter, projects C$50M revenue in 2025 appeared first on Green Market Report.
Greenway troubles continue in Q3 quarter with another C$675k loss
by John Schroyer on February 27, 2025 at 5:17 pm
However, the loss was a significant improvement over the same period a year ago. The post Greenway troubles continue in Q3 quarter with another C$675k loss appeared first on Green Market Report.
Cronos Group reports dramatic turnaround in 2024, ends year with $40M profit
by John Schroyer on February 27, 2025 at 4:33 pm
The company said it is now focused on international expansion. The post Cronos Group reports dramatic turnaround in 2024, ends year with $40M profit appeared first on Green Market Report.
Skymint turns a new leaf as messy receivership nears end
by Dustin Walsh on February 27, 2025 at 3:59 pm
Skymint's floor fell out thanks to expensive sale-leaseback deals, mismanagement and falling prices. The post Skymint turns a new leaf as messy receivership nears end appeared first on Green Market Report.
Compass Pathways goes further in the red in 2024 as trial results loom
by Adam Jackson on February 27, 2025 at 3:35 pm
The company expects top-line data for COMP360 next quarter following October's restructuring and fresh financing last month. The post Compass Pathways goes further in the red in 2024 as trial results loom appeared first on Green Market Report.
Verano misses on fourth-quarter revenue, posts wider annual loss
by Adam Jackson on February 27, 2025 at 2:08 pm
The multistate operator said it will spend less in 2025 amid ongoing price pressures and retail competition. The post Verano misses on fourth-quarter revenue, posts wider annual loss appeared first on Green Market Report.
Trulieve Reports $1.2 Billion in 2024 Revenue
on February 27, 2025 at 1:43 pm
The cannabis company also reported a record cash flow from operations of $271 million and a free cash flow of $150 million for the year.
Trulieve beats fourth-quarter revenue estimates, sees strong margins
by Adam Jackson on February 27, 2025 at 1:37 pm
The Florida cannabis giant exceeded analyst expectations with fourth-quarter revenue and better profitability metrics. The post Trulieve beats fourth-quarter revenue estimates, sees strong margins appeared first on Green Market Report.
Verano Reports $879 Million in 2024 Revenue
on February 27, 2025 at 1:22 pm
The cannabis company also reported a gross profit of $444 million but a net loss of $342 million for the year.
Increases in Number of States That Have Legalized Marijuana Obscures Fact That Cannabis Remains Federally Illegal in 2025
on February 27, 2025 at 9:11 am
Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution.
Trulieve Launches Farm Bill-Compliant Onward: A Premium THC Beverage
on February 26, 2025 at 5:00 pm
The cannabis company’s new offering is available online and will soon be sold in select Total Wine locations in Florida.
Ascend Wellness Reopens Dispensary in Detroit With ‘Deli-Style’ Experience
on February 26, 2025 at 4:46 pm
The company will host a grand reopening on Feb. 28 for its retail facility in Michigan—its 38th location in the nation.
Story Cannabis Co. Opens 4th Ohio Dispensary in Cleveland
on February 26, 2025 at 4:31 pm
The new retail facility in Cuyahoga County features all of the company’s amenities for adult-use customers and medical patients.
12 States That Could Legalize Cannabis in 2025
on February 26, 2025 at 2:49 pm
Cannabis Business Times is reading the nation’s legalization palm once again to predict which states will enact cannabis reform this year.
Priscilla Vilchis, the 'Queen of the Desert,' Partners With Ice Cube to Launch Fryday Kush in Nevada
on February 26, 2025 at 10:47 am
CEO Vilchis expands premium produce's celebrity portfolio and oversees budding equities' joint venture brands.
DEA Judge’s Orders, Trump’s DEA Pick, Doctors’ Rescheduling Appeal Lead CBT’s Top Stories in February
on February 26, 2025 at 10:05 am
The administrative law judge’s orders regarding a trio of pro-rescheduling participants led Cannabis Business Times’ most-read articles this month.
NBA Champion Iman Shumpert Signs Multimillion Dollar First-of-its-kind Partnership with Glenmere Farms
on February 26, 2025 at 9:34 am
Glenmere Farms launches premium cannabis enterprise with TSA APPROVED as first wellness-focused brand.
Green Thumb Industries Reports $1.1 Billion in Revenue for 2024
on February 26, 2025 at 9:17 am
The cannabis company also reported a net income of 73 million dollars for its full-year results.
RAW GARDEN INTRODUCES SPROUTTM VAPE, PIONEERING TERPENE-SAFE PLASTIC FOR CANNABIS HARDWARE
on February 26, 2025 at 7:59 am
California’s leading cannabis extract company finds a cleaner alternative to commonly used plastic for vape cartridges after testing reveals potential health risks.
DOJ Will No Longer Defend Administrative Law Judges From Removal
on February 25, 2025 at 5:18 pm
The announcement could bolster MMJ International Holdings’ ongoing lawsuit against the DEA over a medical cannabis research application.
High Tide Pause Acquisition of Purecan GmbH, Explores Alternative to Enter German Cannabis Market
on February 25, 2025 at 1:20 pm
The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

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Capeway Cannabis Makes Progress Toward Opening
by By JAMIE PERKINS on February 28, 2025
Capeway Cannabis, the recreational marijuana retail establishment set to replace the former Atlantic Auto Car Wash at 120 MacArthur Boulevard, is one step closer to opening its doors. The dispensary,
Girl, 13, had to go to hospital after taking cannabis edible at Southwest Side Chicago school
by Marissa Sulek on February 28, 2025
First Cannabis Dispensary in Tarrytown Approved - The Hudson Indy Westchester's Rivertowns News -
by Rick Pezzullo on February 28, 2025
By Rick Pezzullo— Purchasing cannabis products in the rivertowns has become easier with businesses already opened in Sleepy Hollow and Ossining, and now Tarrytown is joining the party. Earlier this week, the Tarrytown Planning Board gave the go-ahead for a so-called “wellness center” known as The Hybrid Shop at 51 Main St. to turn into a cannabis dispensary. The 1,000-square-foot venture, which will sell cannabis in all shapes and sizes, will be open seven days a week from 9:30 a.m.
D.C. shuts down 25 unlicensed cannabis shops, officials say
by Hau Chu on February 28, 2025
City authorities, led by Attorney General Brian Schwalb, took action against establishments they say were illegally selling unregulated and untested products.
Upping the ante: Planners support tough odor controls for all cannabis greenhouses
by Melinda Burns Contributing Writer on February 28, 2025
The Santa Barbara County Planning Commission has endorsed the most consequential changes to the county’s cannabis ordinance to date, recommending that all indoor growers be required to install advanced carbon
Bois Forte Band of Chippewa set to open cannabis dispensary on tribal land in northern Minnesota
by Melissa Olson on February 28, 2025
A tribal nation in the far north part of the state is set to open its first cannabis dispensary. Bois Forte will be the sixth tribal nation in the state to open a cannabis dispensary.
Lawyer proposes locally-owned cannabis dispensary in Pekin
by Liz Lape on February 27, 2025
The dispensary could bring hundreds of thousands of dollars to city pension liabilities.
56 pounds of cannabis and gambling machines recovered in Miami smoke shop bust
by Laura Rodriguez on February 27, 2025
City of Miami Police seized approximately 56 pounds of cannabis at a neighborhood market and smoke shop, according to an arrest report.

Trulieve appoints marijuana MSO’s co-founder Pernell as president

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