John SchroyerDecember 19, 2022
The state currently has 20 licensed adult-use cannabis retailers.
new jersey
John SchroyerDecember 19, 2022
Debra BorchardtDecember 14, 2022
Strict limits on sales of anything other than cannabis create challenges.
Adam JacksonAugust 23, 2022
Customer turnout, cross-border demand drive consumption up in the first three months of legal adult-use sales.
Debra BorchardtAugust 15, 2022
Columbia Care Inc. (CSE: CCHW) (OTCQX: CCHWF) reported financial results for the second quarter ending June 30, 2022, with revenue rising 18% to $129 million over last year’s $109 million. Revenue grew 5% sequentially from the first quarter. The company reported a net loss of $54 million versus last year’s net loss of $18 million, […]
Debra BorchardtJuly 28, 2022Get 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 […]
Debra BorchardtMay 25, 2022
Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) announced its financial results for the first quarter ending March 31, 2022 with revenue increasing 67% to $202 million versus last year. Revenue for Verano fell from the fourth quarter’s $211 million. The net loss in the first quarter 2022 was $7 million, compared to a loss of […]
StaffMay 25, 2022
Ayr Wellness Inc. (CSE: AYR.A)(OTCQX: AYRWF) announced that the New Jersey Cannabis Regulatory Commission approved the Company for adult-use cannabis sales in the Garden State. “We are thrilled to be approved for adult-use sales in New Jersey and to have all three dispensaries cleared simultaneously to open for adult-use,” said Jonathan Sandelman, Founder, Chairman and […]
StaffMay 12, 2022
TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the first quarter ending March 31, 2022. Net sales for the first quarter of 2022 totaled $49.7 million, up 1% sequentially and down 7% year over year. TerrAscend attributed the decline to the vape recall on the Pennsylvania business, combined with the continued intentional accumulation of inventory […]
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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