Spotlight Archives - Page 2 of 20 - Cannabis Business Executive

Bayou City Hemp Co. is Situated for a Fabulous Future

As we enter what could be a protracted period of hostility between the “marijuana” and hemp blocs of the cannabis industry, with federal and state governments offering a witches brew of solutions to fix or close loopholes created by the…

Watch the Skies! Nova is Coming!

May 28, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
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Massachusetts-based Nova Farms is a very unique, if recognizable, breed of cannabis company, a throwback from the future, if you will, legacy at heart, sustainable by choice, modern in its thinking, wholesale but also retail, rooted to the soil but…

C3 Industries’ Brotherly Model for MSO Success

May 7, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
0 Comments

Founded in 2018, Michigan-based C3 Industries is a privately owned, vertically integrated cannabis company that has in short order expanded its retail, cultivation, and manufacturing operations from one state to five states, with a sixth on the way. The brainchild…

Industry Reacts to Rescheduling News

Prepared statements from industry members started flowing into our inboxes immediately after the news broke that the Drug Enforcement Agency (DEA) will soon begin rescheduling cannabis from Schedule 1 to Schedule 3, a process that will take many months, if…

A CanPay Path to Payment

April 30, 2024
Tom Hymes
Banking, Finance & Real Estate, Company Stories, Processing, Spotlight
0 Comments

Easy electronic payment is always the goal for any consumer-facing industry, and it is especially needed in ones where cash has been the principal form of currency for both illicit and legal sales, like cannabis. But because it is still…

Is Remediation Safe?

By Tom Hymes Remediation in the cannabis industry has become an increasingly hot topic as the practice has expanded in legal markets throughout the country, and for good reason. Remediation is performed when a crop has already failed testing or…

Missouri-based Greenlight is Growing

April 2, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
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When Cannabis Business Executive profiled Greenlight in September 2022, the MSO was flying under the radar in three states – Missouri, Arkansas, and West Virginia – with two more – Illinois and South Dakota – about to open up. Founded…

Dug In: Big Island Grown’s Deep Cannabis Roots

March 27, 2024
Tom Hymes
Company Stories, Hawaii, News & Insights, Spotlight
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Big Island Grown (BIG) is a vertically integrated cannabis company based in Kailua-Kona, Hawaii County, on the Big Island of Hawaii, whose reach now extends to several islands in the archipelago, with plans to develop more wholesale trade as the…

Root & Bloom’s House of Startups

March 18, 2024
Tom Hymes
Company Stories, Massachusetts, News & Insights, Spotlight
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Salisbury, Massachusetts-based Root & Bloom is a locally and independently owned producer of quality cannabis products whose relatively recent entrance into a quickly maturing Massachusetts market has resulted in a string of achievements that include a steady increase in the…

A Conversation with Canna Provisions’ Meg Sanders

March 12, 2024
Tom Hymes
Company Stories, Massachusetts, News & Insights, Spotlight
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Meg Sanders is co-founder and CEO of Massachusetts-based Canna Provisions, which currently boasts two popular retail outlets, one in the Berkshire/Western Mass. town of Lee, the other in the small nearby city of Holyoke. The company also produces products under…

Housing Cannabis: A Talk with NewLake CEO Anthony Coniglio

March 5, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
0 Comments

Founded in 2019, New Canaan, Connecticut-based NewLake Capital Partners (OTCQX: NLCP) is a triple-net lease REIT that utilizes its cannabis, real estate, and financial services experience to purchase properties leased to U.S. cannabis operators. The company has tenants that span…

Cannabist CEO David Hart on ‘Sweating the Assets’

February 20, 2024
Tom Hymes
Company Stories, Multiple State Operators, News & Insights, Spotlight
1 Comment

Cannabis Business Executive has covered New York-based Columbia Care (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) many times over the years, including lengthy profiles in late 2021 with co-founder Nicholas Vita, and in September of last year with then Chief Commercial…

Tax implications of cannabis rescheduling

February 12, 2024
Michael Harlow
Banking, Finance & Real Estate, IRS 280E, News & Insights, Spotlight
1 Comment

By Michael Harlow and Seth Sherer, Cohn Reznick Over the years we have had many planning meetings with clients where they express extreme frustration when they see their projected tax liability. More than one has told us that 280E makes…

Who Do You Call to Sniff Out Bad Cannabis Actors?

February 6, 2024
Tom Hymes
Compliance and Regulations, News & Insights, Security, Spotlight
0 Comments

For anyone who has traveled the cannabis industry for any length of time, the risks associated with getting in bed with the wrong partners are about as acute as they can get, and truth be told, almost no one escapes…

The Challenge (and Opportunity) of Distressed Assets

January 30, 2024
Tom Hymes
Cannabis Investments, News & Insights, Spotlight
0 Comments

The cannabis industry is at an interesting point in its journey towards a destination of which it remains clueless, and the stress of that obliviousness is becoming palpable. The result has been a surfeit of distressed cannabis assets, and with…