Connect with us

News

Marijuana Retail Report

Published

on

Marijuana Retail Report



The 32,850 square foot building was built in 2020

Faced with an oversaturated cannabis market, Harbor Farmz is selling its marijuana processing facility at 2839 Full Circle Drive in Kalamazoo.

Instead, the company aims to create a data center.

In a press release on Tuesday, June 9, the company announced that it is targeting the property for data center redevelopment.

The property is for sale through NAI Global. The sale price is “undisclosed” in the listing. The property was last valued at $1 million property records. Harbor Farmz purchased the 4 acre property for $80,000 in 2019.

To read the rest of this article on MLive, Click here

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Glass House

Marijuana Retail Report

Published

on

By

Marijuana Retail Report



The company previously announced plans to separate adult and medical use

After set script, another public cannabis operator separated its medical marijuana from adult marijuana in an attempt to go public on the New York Stock Exchange.

But California-based vertically integrated operator Glass House Brands said in documents filed Thursday that it plans to go further than listing on the NYSE. In particular, the company stated that it is preparing for export and interstate trade.

The company previously said in a press release on Wednesday that it had applied to list on the NYSE after “unbundling” its medical and adult businesses.

If successful, Glass House would become the second U.S. cannabis company to go public on a major U.S. exchange, following Florida-based multi-state marijuana operator Trulieve Cannabis Corp.

To read the rest of this article on MJ Biz Daily, Click here

Continue Reading

Federal

Marijuana Retail Report

Published

on

By

Marijuana Retail Report



Justice Neil Gorsuch’s opinion is narrow in scope

The US Supreme Court unanimously sided with the man who was charged with possession of a weapon while being a habitual user of marijuanaruling that the government’s actions violated the Second Amendment.

The opinion, written by Justice Neil Gorsuch, is narrow in scope and does not completely overturn the federal law known as 922(g)(3), which prohibits people who illegally use controlled substances from owning or purchasing firearms.

But it says that in the case of the man in the case, Ali Daniel Hemani, it is unconstitutional to automatically bar people from legally owning guns just because they occasionally use marijuana.

To read the rest of this article on marijuana moment, Click here

Continue Reading

News

Marijuana Retail Report

Published

on

By

Marijuana Retail Report



The market is scheduled to open on July 1, 2027

Virginia Gov. Abigail Spanberger announced a plan Tuesday to open up the commonwealth’s retail marijuana market, a deal she called a compromise after months of discussions.

As part of the agreement, the marketplace will open on July 1, 2027. Government duty on cannabis products will start at 6% and increase to 8% in 2029.

The plan, which is tied to the state protracted budget processcomes after Spanberger vetoed a proposal that made it through the General Assembly. But talks have continued, and the latest legislation will be included in any budget package Spanberger considers.

Although the concept of a legalized marijuana market has previously been embraced in Richmond, former governor Glenn Youngkin has twice vetoed the idea.

To read the rest of this article on WTOP, Click here

Continue Reading
Advertisement

Trending

Copyright © 2021 The Art of MaryJane Media