The Impact of the Delay on the New Jersey Economy

The Impact of the Delay on the New Jersey Economy The New Jersey Cannabis Regulatory Commission has delayed the adult-use market again, citing a lack of supply from current medical operators as one reason for the postponement. According to one multi-state operator, that shouldn’t be the case. In an exclusive statement provided by the NJ […]

Increase In Cannabis Net Sales For Cresco Labs in 2021

Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]

The MORE Act: A Closer Look at the Proposed Legislation

The MORE Act: A Closer Look at the Proposed Legislation As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally […]

Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization

    Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization In a move that signals the cannabis prohibition is far from over, Protect Our Kids PAC has launched to fight legalization. The new political action committee (PAC) will target pro-legalization candidates and support those who oppose the policy in […]