Massachusetts Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

A Research-Driven Inquiry Into ‘Endotoxin On Cannabis’

July 26, 2024
Tom Hymes
Cannabis & Hemp Research, News & Insights
0 Comments

About a month ago, Kevin McKernan, the founder and CSO of Massachusetts-based Medicinal Genomics, which also produces the CannMed conferences, posted online a rerecording of the Endotoxin on Cannabis presentation he gave at the CannMed Innovation & Investment Summit held…

MariMed Adds New Post-Guidance Growth

July 16, 2024
Tom Hymes
Multiple State Operators, News & Insights
0 Comments

While the dog days of summer are certainly upon us, and the fate of the cannabis industry remains shrouded in political and legal uncertainty, deals are still being made, state regulators are doing their work, and new growth opportunities are…

Ethos Cannabis CEO Gibran Washington on Growth and Profitability

July 9, 2024
Tom Hymes
Company Stories, News & Insights, Pennsylvania, Spotlight
0 Comments

Based out of Philadelphia, Ethos Cannabis is one of those rare beasts in the cannabis realm, a profitable multistate operator whose growth trajectory is up and under control, and whose ambitions, borne of discipline and focus, are seen by its…

The cannabis industry is fighting over how many stores one company can own. Here’s why.

A debate over the cap on weed permits has sparked worries about broken promises to entrepreneurs of color and fears of a marijuana monopoly When recreational cannabis became legal in Massachusetts in 2016, the state imposed strict limits on how…

Watch the Skies! Nova is Coming!

May 28, 2024
Tom Hymes
Company Stories, News & Insights, Spotlight
0 Comments

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…

A Conversation with Canna Provisions’ Meg Sanders

March 12, 2024
Tom Hymes
Company Stories, Massachusetts, News & Insights, Spotlight
0 Comments

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…

Massachusetts governor to issue pardons for those convicted of cannabis possession

Massachusetts Gov. Maura Healey plans to announce this week that she’s following the lead of President Joe Biden and issuing pardons to those convicted of simple possession of cannabis at the state level, her office said Monday. The move could…

New regulations aim to level the marijuana playing field in Massachusetts

When marijuana was legalized in Massachusetts, Commonwealth leaders said it wasn't just big business that was going to profit, yet the promises that everyone would have an even chance at the now-billion-dollar industry have not materialized. With that in mind,…

Massachusetts Crisis Part 2: Does the CCC Have its Priorities Right?

August 3, 2023
Tom Hymes
Lab Testing, Massachusetts, News & Insights, Spotlight
0 Comments

According to its chairperson, Massachusetts’ cannabis regulatory body is currently in crisis, but for some stakeholders in the state, it’s a long-simmering crisis endemic to a dysfunctional agency unable to deal with serious issues facing the Massachusetts cannabis market. One…

Trulieve to Close Last California Store; Exit Massachusetts by End of 2023

Trulieve announced today that it is cutting losses in two mature markets where it has a minimal footprint relative to other states. The multistate operator said it is closing its last retail location in California, in Grover Beach, and in…

Massachusetts Regulators Suspend Three Elev8 Licenses Following Threats of Violence, Owner Arrested

April 3, 2023
Tom Hymes
Compliance and Regulations, News & Insights
0 Comments

The Massachusetts Cannabis Control Commission (CCC) last Friday issued a rare summary suspension order against Elev8 Cannabis, its majority owner, Seun Adedeji, and several registered agents of the business, after a video was posted to Instagram a day earlier in…

Jim Belushi Serenades NECANN Keynote Audience

March 13, 2023
Tom Hymes
Multiple State Operators, News & Insights, Spotlight
0 Comments

Perhaps to calm his own nerves or those of the audience that came to hear his keynote address Saturday afternoon at NECANN in Boston, Jim Belushi of Belushi’s Farm and numerous other vocations pulled out a harmonica before he even…

A topless marijuana dispensary may be coming to Western Mass.

February 28, 2023
AggregatedNews
Retail
0 Comments

"This is definitely a way to stand out." Two entrepreneurs in Whately are looking to strip down their existing business model and reimagine it to provide what would be a unique offering in the state’s competitive cannabis industry. The owners…

As recreational marijuana prices plummet in Massachusetts, medical sales slump

Consumers rejoice, but data suggest state’s cannabis sector is stumbling amid increasing competition Six years after Massachusetts voters legalized marijuana, the state’s cannabis industry is bigger than ever, with cumulative recreational sales soaring toward $4 billion and more than 225…