Cannabis

Cannabis company Green Thumb Industries reports $22M in 2Q profits

Green Thumb Industries (GTI), which owns one of four legal cannabis cultivation facilities in Connecticut — Advanced...

Newington PZC approves medical cannabis dispensary for eventual recreational sales

Newington's Planning and Zoning Commission provided an initial greenlight to medical cannabis dispensary Fine Fettle, as it...

Curaleaf reports $7.2M loss, but a 165% jump in revenue in 2nd quarter

Curaleaf Holdings, Inc., which owns one of four legal cannabis cultivation facilities in Connecticut, reported a $7.2...

🔒Best practices for employers to address recreational cannabis

The law legalizing recreational use of cannabis in Connecticut imposes new restrictions on employers while offering protections for employees who indulge. For employers seeking to prohibit off-duty cannabis use, a strong written workplace policy is a necessity.
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🔒Curaleaf CT eyes major expansion into state’s recreational cannabis market

Simsbury-based Curaleaf Connecticut is planning to triple its cannabis production output, as the company prepares to enter the state’s new adult-use recreational market.

🔒$30M venture cannabis fund offers window into recreational marijuana industry’s financing options

It wasn’t long ago when people looking to spend tens of millions of dollars bankrolling cannabis entrepreneurs were frowned upon by society, not to mention performing an illegal act. But these days, as an increasing number of states legalize marijuana for recreational use, the financiers are people like Devin Schleidt, owner of Greater Hartford-based business advisory firm Schleidt Works, who is launching a $30 million venture fund to help seed up-and-coming cannabis businesses in Connecticut.

Marijuana industry’s Social Equity Council identifies ‘disproportionately affected’ areas of CT

In its first meeting the Social Equity Council, which will play a key role in approving prospective...

IRS law will add to CT cannabis companies’ state tax bills

As Connecticut stands up its adult-use cannabis industry, the plant's status as federally illegal could add a...
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CT officials forecast $55M in annual cannabis tax revenue by FY ’26

Connecticut's Office of Fiscal Analysis is projecting the state's cannabis industry will generate $20.4 million in tax...
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