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1 – legalization, 2 – questions about medical marijuana

Next week, three bills related to the legalization of marijuana in Tennessee will be presented to their committees. One bill would legalize recreational use, while two others would create a ballot question on the November ballot that would measure Tennesseans’ interest in medical marijuana.

SB2440: Pot for Potholes

The recreational use bill called a pothole pot. It was proposed last year and failed at this very stage.

The bill would legalize marijuana for people age 21 and older and levy a 15% excise tax to fund repairs to state and local roads and bridges in Tennessee.

SB2440 is scheduled to be introduced in the Senate Judiciary Committee on March 23.

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

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PharmaCann Inc. sent a letter to Colorado labor officials on Friday

PharmaCann Inc. is laying off 132 workers at its North Denver marijuana plant this spring, six months after the business was shut down. acquired by an expanding Minneapolis-based cannabis company.

On Friday, the company sent a letter to Colorado labor officials saying it will close its 5131 Franklin St. site on May 20 and cut 132 jobs there.

At the end of last year, the assets of PharmaCann Inc. in Colorado were acquired by Minneapolis-based Vireo Health Inc. in an all-stock transaction. Vireo valued the shares used in the deal at $49 million.

Vireo has grown to 41 active Colorado dispensaries, the company said.

Read the rest of this article in the Denver Business Journal, Click here

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PharmaCann Closing Pennsylvania Cannabis Facility, Laying Off 60 More Workers

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PharmaCann Closing Pennsylvania Cannabis Facility, Laying Off 60 More Workers

PharmaCann Inc. will permanently close its hemp growing and processing facility near Oliphant, Pa., laying off 60 workers on May 20 after the multistate, privately held operator defaulted on lease obligations.

CompanysubmittedWorker Adjustment and Retraining Notice (WARN) to the Pennsylvania Department of Labor and Industry on March 20, informing the department of the closure of its facility at 111 Life Science Drive in Scott Township.

PharmaCann was founded in 2014purchased18 acres of land in Lackawanna County — in the northeast region of the commonwealth — in late 2018, with plans to build a 36,000-square-foot facility to serve Pennsylvania’s promising medical cannabis market, which began sales earlier that year.

At the time, Greater Scranton Chamber of Commerce President Bob Durkin said PharmaCann was among companies “at the cutting edge of their industries” that fit Scott Technology Park’s long-standing industrial zoning goals.

To read the rest of this article on Cannabis Business Times, Click here

Post PharmaCann is closing its Pennsylvania cannabis plant, laying off 60 more workers first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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