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Oregon Rep. Reintroduces Small Biz Bill To Amend Tax Code For Cannabis Companies
Monday, April 17, 2023 - 5:33pm | 751Oregon Congressman Earl Blumenauer is taking another shot at passing the Small Business Tax Equity Act, a bill that aims to amend an IRS code to allow state-legal cannabis businesses to take federal tax deductions. Blumenauer, a House member who founded the Congressional Cannabis Caucus,...
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Trulieve On Employee's Death: 'We Have Demonstrated A Safe And Healthy Work Environment'
Friday, October 21, 2022 - 9:33am | 751Cannabis company Trulieve Cannabis (OTCQX: TCNNF) released official statements on an incident that happened at one of its facilities in January when a company employee died. Trulieve expressed condolences to the family, friends and colleagues of Lorna McMurrey, the 27-year-old who...
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Trulieve Launches Khalifa Kush In Florida With Wiz Khalifa, Will Donate To Hurricane Ian Victims
Monday, October 3, 2022 - 6:17pm | 437Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced the official launch of Khalifa Kush premium medical cannabis products in select Florida retail locations this Saturday, October 8. "This is an exclusive partnership with multi-platinum selling, GRAMMY, and Golden Globe-nominated...
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Unions Make Inroads In Cannabis Industry With Latest Dispensary Joining The Ranks
Tuesday, September 6, 2022 - 3:25pm | 453Workers at the Trulieve (OTCQX: TCNNF) North Shore medical cannabis dispensary have voted to join Local 1776. Cannabis Trade Unions On The Rise Recently Lume Cannabis Co. dispensary in Monroe became unionized. In April The United Food and Commercial Workers (UFCW) Local 360 announced that employees...
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Who Are The Most Impactful Cannabis Executives Of 2022? Top Award Show Will Determine Who's #1
Tuesday, August 16, 2022 - 1:17pm | 993After the awesome Cannabis Capital Conference in Miami during 4/20 week, Benzinga is ready to go again in Chicago on September 13-14. As usual, Benzinga will celebrate the outstanding people, companies and organizations in the cannabis industry. This time we have something...
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Why Can't Black Farmers Get Medical Marijuana Licenses In Florida? Exorbitant Fees And Residual Racism, Many Say
Monday, July 18, 2022 - 3:33pm | 629Since 2016, the Florida Legislature - through the Florida Department of Health - has issued more than two dozen medical marijuana licenses for farmers looking to enter the MMJ industry. However, black farmers are still waiting for their licenses to be issued as regulated by the Florida...
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Trulieve Celebrates Completion of Statewide Retail (Re)brand In PA: All 'Trulievers' Are Welcome
Tuesday, January 25, 2022 - 4:11pm | 260Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) an industry-leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday...
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Cannabis M&A: How MSOs Evaluate Brands To Acquire
Wednesday, January 12, 2022 - 12:37pm | 359This article was originally published on WeedWeek and appears here with permission. More than ever before, in 2021 a growing number of brands could claim a national presence. But as MSOs expand and make acquisitions they have targeted licenses and operational capabilities far more than the names...
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Why Cowen Loves These 3 US Cannabis Stocks
Tuesday, April 20, 2021 - 1:53pm | 295The U.S. House of Representatives passed legislation on Monday to allow banks to provide services to cannabis companies in states where it is legal. Republicans are increasingly warming up to adult-use cannabis legalization given the jobs and tax revenue opportunities, Cowen Inc. analyst...
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Trulieve Expands In Pennsylvania, Acquires 3 Keystone Shops Dispensaries For $60M
Monday, April 5, 2021 - 11:38am | 375Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX: TCNNF) has acquired three Pennsylvania-based medical marijuana dispensaries. The Tallahassee, Florida-based company purchased Keystone Shops' dispensaries in Philadelphia, Devon, and King of Prussia for $60 million. The transaction boosts Trulieve'...
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Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week
Monday, March 29, 2021 - 12:41pm | 2415Welcome to the Cannabis Countdown, the Legal Marijuana Industry’s Number One Curated Weekly News Recap. In This Week’s Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelic Stock News Stories for the Week of March 22nd – 28th, 2021. Without further ado, let...
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Earnings Roundup: Akerna Q2 Revenue Pops 24% YoY, Trulieve Has Record Q4, TerrAscend Net Sales Spike 134% YoY
Tuesday, March 23, 2021 - 12:50pm | 910Akerna Reports 24% YoY Increase In Total Revenue In Q2, Software Revenue Up 38% Akerna Corp (NASDAQ:KERN) saw a 38% year-over-year increase in software revenue — to $3.4 million — in the quarter ended Dec. 31. Total revenue for the same period amounted to $4.1...
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Trulieve Expands To West Virginia Via Mountaineer Deal, Launches Planting In Holyoke Facility
Monday, March 22, 2021 - 9:34am | 336Cannabis company Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX: TCNNF) is expanding in West Virginia through the acquisition of Mountaineer Holding LLC. The Tallahassee, Florida-based company confirmed Monday it opted to buy a cultivation permit and two dispensary permits for $6 million. The price tag...
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NewLake Capital Partners Merges With GreenAcreage Real Estate
Thursday, March 18, 2021 - 12:41pm | 355Cannabis-focused investment vehicles, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., confirmed its merger and creation of the combined company NewLake Capital Partners, Inc. With more than $325 million in assets, over $110 million in cash, and a diversified portfolio of 24...
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Cannabis Movers & Shakers: CanTrust, Delic, Mind Cure, Schwazze, Curaleaf, Trulieve, Fyllo, Connected Cannabis
Tuesday, March 16, 2021 - 1:01pm | 1652CannTrust Appoints New Secretary, Board Member Resigns Mark Litwin opted to step down from CannTrust Holdings Inc.'s (OTC: CNTTQ) board of directors. Simultaneously, the Vaughan, Ontario-based company confirmed that secretary Stan Abramowitz will no longer serve as an officer of...