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Maryland cannabis firm invests $6M to expand outdoor growing facility

A licensed cannabis business is expanding an outdoor growing operation across three acres of land on the Eastern Shore. Culta, a firm that holds growing, processing and dispensing licenses in Maryland, has invested about $6 million to triple its outdoor growing capacity. The expansion will build on the success of the smaller outdoor growing operation Culta piloted [...]

By | June 22nd, 2020|Uncategorized|0 Comments

Culta expands medical marijuana business in Cambridge

Culta, a provider of producer of cannabis flower and cannabis extracts and the East Coast’s first outdoor cultivator, continues to grow its outdoor footprint by expanding to 3 acres at its operation in Cambridge. With the success of its first harvest in 2019, Culta has invested more in innovative technology and expansion of its outdoor [...]

By | June 15th, 2020|Uncategorized|0 Comments

The other cannabis crop: Carroll County farmers test out growing logistics, market for newly legal hemp

At the edge of the shadows of the Catoctin Mountains in Keymar, there stands a canopy of glass enclosing 17 acres of plants, protecting them from the cold air outside one afternoon in late February. Most of what was planted inside were flowers and annuals; for more than 35 years, Catoctin Mountain Growers has supplied [...]

By | June 12th, 2020|Uncategorized|0 Comments

One Md. cannabis dispensary license may go back up for grabs

Cannabis regulators originally gave 102 local businesses preliminary clearance to open up medical cannabis dispensaries in Maryland. But after one of those companies failed to meet a critical deadline, there is one license in limbo. LinLar LLC was among a handful of dispensary business entities that had earned preliminary operating licenses back in 2016, but [...]

By | June 11th, 2020|Uncategorized|0 Comments

COVID-19’s Surprising Impact on Cannabis Sales

For the past couple of months, the coronavirus disease 2019 (COVID-19) pandemic has wreaked havoc on the U.S. and global economy. In the U.S., more than 39 million people have filed an initial jobless claim within the past nine weeks, while the unemployment rate in India has increased from 8.7% in March to more than [...]

By | May 28th, 2020|Uncategorized|0 Comments

Will States Impacted By Coronavirus Turn To Marijuana Legalization?

States still searching for the best path forward in balancing economic and health concerns amid the continuing coronavirus outbreak also face another challenge once businesses reopen: recovering billions lost in state tax revenue, as well as millions of lost jobs. In the long term, marijuana legalization might provide an answer. Even in historically conservative Texas, [...]

By | May 21st, 2020|Uncategorized|0 Comments

Coronavirus dampens 4/20 sales in Maryland, across U.S.

Maryland's cannabis dispensaries raked in $7.6 million during the week of 4/20, a date widely referred to as the industry's Black Friday. It was a strong showing, with sales up $1.5 million over the same period last year when fewer dispensaries were open for business. But it wasn't quite the windfall that was expected had [...]

By | May 19th, 2020|Uncategorized|0 Comments

Surprise! There’s Cannabis Reform Legislation in the Latest COVID-19 Relief Bill

For more than two months now, the coronavirus disease 2019 (COVID-19) pandemic has disrupted economic activity to a degree we've never previously witnessed. All told, the U.S. unemployment rate is nearing 15%, which is a level unseen since the Great Depression. With the understanding that things may not be "normal" for a while, Congress passed [...]

By | May 17th, 2020|Uncategorized|0 Comments

Cannabis employees are in high demand during economic crash

Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars. Weed businesses around the country that were in strong financial shape heading into the pandemic are hiring additional workers in response to robust demand for marijuana products. Almost all states have allowed pot shops to remain open, even [...]

By | May 11th, 2020|Uncategorized|0 Comments

Cannabis delivery operation launches in Md. through new partnership

You're probably getting almost everything else delivered these days — why not cannabis? A new kind of medical cannabis delivery operation has launched in Maryland, and thanks to a partnership between two industry players, transactions and deliveries will be entirely cashless and contactless to increase safety during the ongoing coronavirus pandemic. Read more via Baltimore [...]

By | April 24th, 2020|Uncategorized|0 Comments