Multiple State Operators Archives - Page 2 of 4 - Cannabis Business Executive

Marketing a Major MSO: David Spreckman of Verano

October 4, 2022
Tom Hymes
Marketing, Multiple State Brands, Multiple State Operators, News & Insights, Spotlight
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Heading up marketing for a major cannabis MSO has got to be either a dream job or a walking nightmare, or maybe a little bit of both, especially in in a business where most decisions depend upon a multiplicity of…

Greenlight is Flying High Under the Radar

September 29, 2022
Tom Hymes
Company Stories, Multiple State Operators, News & Insights, Spotlight
1 Comment

Founded in 2019, Greenlight is a lesser-known MSO with operations ongoing in Missouri, Arkansas, and West Virginia. An Illinois dispensary also is awaiting imminent approval from the state, and in South Dakota construction is underway on cultivation and six dispensaries.…

The Highly Anticipated MSO Pivot is Here – What Will That Mean for Cannabis Brands?

August 1, 2022
Erik Ott
Multiple State Brands, Multiple State Operators
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By Erik Ott Until recently, MSO focus has been on acquiring licenses to manage cannabis manufacturing and retail distribution. Now the operators are creating their own brands – but that’s a different skill set, and many don’t have the necessary…

What do we really know about the Russian roots of America’s biggest cannabis company?

July 19, 2022
AggregatedNews
Industry People, Multiple State Operators, News & Insights
1 Comment

Curaleaf could be worth $75bn by 2030. But its US-born chair, Boris Jordan, faces questions over his two decades in Russia New Jersey is far from Moscow. But when cannabis sales began in the Garden state on 21 April, one…

Easing the burden of cannabis state tax compliance

Keeping pace with state sales and excise tax requirements can be a significant burden for cannabis operators. The indirect nature of the tax – that it is collected at point of sale as part of a transaction and then must…

Jushi Holdings is building out its portfolio of premium cannabis assets as US consumer appetites grow

Jushi Holdings Inc is meeting the rising demand for medical and recreational cannabis across the United States with its high-end retail locations, premium cannabis brands, and cutting-edge cultivation, processing and manufacturing facilities. There is certainly a growing consumer appetite for…

Justice Cannabis Co. CEO Darin Carpenter is on a Mission to Do Good in a Big Way

May 24, 2022
Tom Hymes
Company Stories, Multiple State Operators, Spotlight
0 Comments

It took several attempts to connect with Darin Carpenter, the CEO of Chicago, Illinois-based Justice Cannabis Co., but that is only because of his hectic and peripatetic schedule. Jumping around the country at a dizzying pace, the former Army medic…

Standard Wellness CEO Jared Maloof Takes a Methodical Approach to Scaling

April 12, 2022
Tom Hymes
Company Stories, Multiple State Operators, Spotlight
0 Comments

Founded in 2017 by CEO Jared Maloof and friends, Cleveland, Ohio-based Standard Wellness is a vertically integrated multistate operator of modest size that as much as any of its larger peers has its finger on the pulse of local cannabis…

Entity structure considerations for MSOs

April 4, 2022
Dave McManus
Accounting, Multiple State Operators, Taxes
0 Comments

Multi-state operators may need to weave a complex web when it comes to corporate structure. Operators entering new jurisdictions must consider many factors, the most significant being tax exposure, licensing restrictions, and potential exit scenarios as they determine which entity…

Ascend Wellness Holdings: A Vertical MSO with an East Coast State of Mind

March 2, 2022
Tom Hymes
Company Stories, Multiple State Brands, Multiple State Operators, Spotlight
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Ascend Wellness Holdings Inc. (AWH) (CSE: AAWH.U, OTCQX: AAWH) is a vertically integrated MSO with retail operations in five states – Illinois, Michigan, Massachusetts, New Jersey, and Ohio – and eyes firmly set on New York. Founded in 2018 by…

Multi-State Tax Considerations for Multi-State Operators

January 5, 2022
Dave McManus
Accounting, Multiple State Operators, Taxes
0 Comments

Cannabis legalization continues to gain momentum across the country, with several new states having legalized marijuana in 2021. As of this post, the number of states in which recreational marijuana is legal is 18, and 16 other states allow for…

MariMed is Ready for Its Closeup: CEO Bob Fireman is Done Flying Under the Radar

December 20, 2021
Tom Hymes
Multiple State Brands, Multiple State Operators, Spotlight
1 Comment

Through pure coincidence, I jumped on an interview call with MariMed Inc. (MRMD; OTCQX) founder and CEO Bob Fireman on National Brownie Day, December 9, the same day the Massachusetts-based MSO announced that it had baked the world’s largest pot…

Keef CEO Travis Tharp is Buoyant on the Future of Cannabis-Infused Beverages

December 8, 2021
Tom Hymes
Multiple State Brands, Multiple State Operators, Processing, Spotlight
0 Comments

Not many cannabis brands have applied the experience and discipline that comes with longevity as successfully as Colorado-based Keef Brands, a product-based MSO currently found in seven states – Arizona, California, Colorado, Maine, Missouri, Ohio, and Oklahoma – in addition…

Phoenix Rising: Will Terry Booth’s Audacious New Game Plan Succeed?

Australis Capital Inc. (CSE:AUSA) (OTC:AUSAF) CEO Terry Booth, who famously started Aurora Cannabis in 2006 before departing under duress in 2019, has a lot on his mind and his plate these days as he undertakes for the second time in…

Columbia Care’s Nicholas Vita is Taking Nothing for Granted

November 10, 2021
Tom Hymes
Multiple State Brands, Multiple State Operators, Spotlight
0 Comments

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) is on a tear as it continues to launch brands, announce partnerships, and close deals that further expand its footprint in cannabis-legal states and reinforce its position as one…