iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN) (OTCPK: ITHUF), a leading national cannabis consumer packaged goods company and owner of MPX-NJ dispensaries, is pleased to announce the opening of medical sales at MPX-NJ in Pennsauken, NJ and the grand opening celebration at MPX-NJ's Gloucester Township, NJ for adult use sales. The opening of its Pennsauken, NJ dispensary gives iAnthus three (3) locations in New Jersey and 36 across the United States.
Sanctuary Cannabis, a respected leader in the cannabis industry, is coming to Scotch Plains, the company announced Thursday.
Also known as Sanctuary Medicinals, the company has established a strong presence in multiple states, including Massachusetts, New Hampshire and Florida, and is now eagerly entering the New Jersey market to connect with the community by delivering high-quality products and superior customer service, company officials said.
Nova Farms is committed to providing cannabis customers with the best possible experience and the diverse range of award-winning brands under its umbrella reflects this commitment.
Nova Farms, the Northeast’s largest privately owned, vertically integrated cannabis operator, will open its flagship retail cannabis dispensary in Woodbury on May 19th. The new cannabis dispensary will be the state’s first non-conversion exclusively recreational adult-use dispensary.
Al Harrington, a New Jersey native and former NBA player, is launching his premium cannabis brand, Viola, exclusively with RISE Dispensary in New Jersey. The launch will begin on Friday, March 24, at RISE Paterson, and the premium flower will be available at RISE Bloomfield starting the next day. Viola is a leading premium Black-owned cannabis brand, inspired by Harrington's grandmother of the same name, who used cannabis to alleviate the symptoms of glaucoma and diabetes.
New Jersey’s approach to adult-use cannabis is nothing new: allow existing medical operators to fuel the takeoff as state regulators vet and approve aspiring market entrants.
And, so far, New Jersey’s supply chain and protections for its medical program—concerns that contributed to a two-month delay in launching adult-use sales—have remained unharmed as the legal market continues to grow, according to Columbia Care Vice President of Operations Volley Hayhurst and TerrAscend President and Chief Operating Officer Ziad Ghanem.
Marijuana multistate operators Columbia Care and Cresco Labs have “mutually agreed” to extend the companies’ acquisition closing date timeline from March 31 to June 30 of this year.
It’s the second such extension, which underscores the complexities of closing a large deal at a time when other acquisitions have been called off amid widespread layoffs and tight funding in the cannabis industry.
Miami-based multistate cannabis operator Ayr Wellness eliminated 180 jobs across the United States, a spokesperson confirmed to MJBizDaily.
The company has roughly 2,700 employees across the country.
“This decision was not made lightly but was a necessary part of the Company’s overall plan to improve efficiency and realign key priorities,” Ayr said in a statement.
The public will have 60 days to comment before the commission votes to adopt the proposals,
“It’s a great idea,” said Lemar Boone Jr., part-owner of adult-use cannabis retail company, Cuzzies.
“I think that we should have places where we can safely consume that are out of the way … that may not cause a nuisance to other people,” Boone Jr. said.
Ayr Wellness Inc. is expanding the menu of cannabis brands at the three Garden State Dispensary stores it runs in New Jersey.
In an Oct. 20 press release, the Miami-based multistate operator (MSO) said it is rolling out several brands from its national portfolio, including Lost in Translation premium whole flower, Kynd premium whole flower, Road Tripper whole flower, STIX pre-rolls, Entourage broad-spectrum, terpene-driven vape cartridges, Secret Orchid fruit-forward vape cartridges and Wicked soft lozenges.