John SchroyerOctober 7, 2022
A New Jersey bill could open the door to interstate cannabis trade.
Tag: New Jersey
John SchroyerOctober 7, 2022
StaffAugust 23, 2022
The Daily Hit is a recap of cannabis business news for August 23, 2022. ON THE SITE New Jersey Sales Off to a Hot Start Customer turnout, cross-border demand drive consumption up in the first three months of legal adult-use sales. A tidal wave of demand for pot in New Jersey is driving promising numbers […]
Adam JacksonAugust 23, 2022
Customer turnout, cross-border demand drive consumption up in the first three months of legal adult-use sales.
Adam JacksonAugust 18, 2022
Ayr Wellness Inc. (OTCQX: AYRWF) hiked its outlook for the year on Thursday despite posting results that missed expectations — as sales slip and losses rise. The multi-state operator reported financial results for the first quarter ending June 30, 2022 Ayr reported approximately $110.1 million in revenue during the period, up 20.6% versus the same […]
Adam JacksonAugust 9, 2022
Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) delivered positive results in the second quarter as the company moves away from established western markets in favor of emerging markets east of the Mississippi. The company reported its financial results for the first quarter ending June 30, 2022 after the market closed on Monday. Acreage reported […]
StaffJuly 28, 2022The Daily Hit is a recap of the top cannabis business stories for July 28, 2022. ON THE SITE Tilray Delivers $457 Million New Loss For Fourth Quarter Tilray Brands, Inc. (Nasdaq: TLRY) reported financial results for the fourth quarter and full fiscal year ending May 31, 2022, with net revenue growing 8% to $153.3 […]
Adam JacksonJuly 28, 2022
Actor and musician Ice T is opening a recreational dispensary with Charis Burrett, founder of The Medicine Woman, in Jersey City, New Jersey after the city board granted approval for the shop. The approval came from the Jersey City Cannabis Control Board, which establishes and enforces the rules and regulations governing the licensing, cultivation, testing […]
Debra BorchardtJuly 28, 2022
Get ready for some cannabis companies to report boosted earnings as revenues got juiced from New Jersey adult-use sales. Cantor Fitzgerald analyst Pablo Zuanic thinks that the addition of this market could drive growth in second-quarter sales for several companies in a report he issued on Thursday. While there hasn’t been any official data from […]
Debra BorchardtJune 7, 2022
With just 12 dispensaries open in the state, New Jersey still managed to ring up $24 million in sales in the first month. That’s roughly $5 million a week. According to the New Jersey Cannabis Regulatory Commission, “On the first day of adult-use sales in New Jersey, 12 participating dispensaries sold cannabis and cannabis products […]
Video StaffApril 21, 2022
Ascend Wellness (OTC: AAWH) was excited to open its store in Rochelle Park, New Jersey for legal adult-use cannabis sales. The company opted to start opening day with appointment-only visits. If a walk-in customer was able to book an appointment immediately, they could shop, otherwise, Ascend gave them a $5 coupon if they had to […]
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