All posts in Connecticut News

Last July, Connecticut turned over a new leaf when it legalized cannabis for adult recreational use. Legal to possess and smoke, but not quite yet to grow. The right to cultivate six cannabis plants was granted only to licensed medical marijuana, or MMJ, patients, and was delayed until October, causing patients to lose out on the summer growing season. The rest of the state’s residents will have to wait until 2023. Why the wait? And who waited? Along with the other impatient MMJ patients who have confided to me that they have already explored a new hobby, not I. I…

Last July, Connecticut turned over a new leaf when it legalized cannabis for adult recreational use. Legal to possess and smoke, but not quite yet to grow. The right to cultivate six cannabis plants was granted only to licensed medical marijuana, or MMJ, patients, and was delayed until October, causing patients to lose out on the summer growing season. The rest of the state’s residents will have to wait until 2023. Why the wait? And who waited? Along with the other impatient MMJ patients who have confided to me that they have already explored a new hobby, not I. I…

NEW YORK (CBSNewYork) — Various versions of medical and recreational marijuana are now legalized in all but seven states. That has led to much more research into the health effects of cannabis. CBS2’s Dr. Max Gomez has more on new studies that show surprising heart effects in young users. READ MORE: New Jersey Cannabis Regulatory Commission Releases First Set Of Rules For Legal Marijuana Sales For decades, it was thought that marijuana use could not lead to a physiologic dependence on cannabis, the active ingredient in the plant. But today’s marijuana isn’t what your parents smoked at Woodstock. It is…

Dreamstime American cannabis chains continued to outperform their Canadian counterparts in the September quarter—by a widening margin. While U.S. operators like Curaleaf Holdings and Green Thumb Industries grew sales by a respective 74% and 50% over the prior-year quarter, Canadians like Cronos Group and Canopy Growth took write downs of $220 million and $87 million, respectively, because they can’t sell what they’ve got. The licensed cannabis industry in the U.S. now has annualized sales of $25 billion, on its way to $75 billion …$80 billion, or more, Green Thumb chief executive Ben Kovler told Barron’s Thursday. His company is preparing…

As we edge closer to the new year of 2022, Connecticut is preparing to launch its recreational cannabis program and will eventually see a flood of applicants. But, unfortunately, the complicated process for licensing producers for its adult recreational cannabis program could very well affect the price of pot in Connecticut. Since recreational cannabis became legal in Connecticut on June 16, 2021, various town officials throughout the state have made it clear they are not interested in pursuing the sale of recreational marijuana in their town, and they are: Clinton Guilford Madison North Branford Enfield Milford Greenwich Newtown Prospect Avon Southington…

Cannabis extract Delta-8 has made headlines recently after a Texas court allowed it to be temporarily sold in the state. Delta-8, also sometimes called Delta-8 tetrahydrocannabinol or Delta-8 THC, is a substance that is found naturally in the Cannabis sativa plant. It is known that Delta-8 has some psychoactive effects, though it is different to Delta-9 THC which is responsible for the “high” people get from smoking cannabis, or marijuana. Delta-8 is only found in small amounts in cannabis, so producers tend to manufacture it by turning cannabidiol (CBD), a substance found in cannabis sub-type hemp that does not make…

Chicago-based multistate cannabis company Verano Holdings Corp. has acquired two dispensaries and a cultivation facility in Connecticut. Verano Holdings bought Waterbury medical dispensary Caring Nature LLC, Meriden medical dispensary Willow Brook Wellness LLC and Connecticut Pharmaceutical Solutions, which owns an operating cultivation and production facility in Rocky Hill. The three acquisitions expand Verano’s East Coast presence, the company said. As of August, Verano Holdings owned medical and recreational marijuana dispensaries, cultivation facilities or manufacturing operations in 11 states, including the East coast states of Massachusetts and New Jersey, according to an investor presentation via Cannabiz Media. “We are excited about…

A multi-state cannabis company has closed one deal and signed two more to acquire three firms with marijuana dispensaries and a cultivation facility in Connecticut, according to an announcement this week. Verano Holdings Corp., which has active operations in 12 states, closed its agreement with Willow Brook Wellness on Oct. 25. It signed agreements Wednesday to, if finalized, acquire Caring Nature and Connecticut Pharmaceutical Solutions Inc. The move signals the Chicago-based company’s interest in entering Connecticut ahead of the launch of the state’s recreational-use program, after sales were legalized earlier this year. It’s one of several multi-state companies interested in…