Denver pot shop operator buys Drift dispensaries in Boulder – Boulder Daily Camera

Schwazze, a cannabis company formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ), has inked a deal to buy the assets of BG3 Investments LLC, the operator of two Drift-branded dispensaries in Boulder.

When the deal closes — expected to occur this year — the Denver-based Schwazze will own 19 cannabis shops.

The company agreed to by Drift for $3.5 million — $1.9 million in cash and $1.6 million in common stock, according to a Schwazze news release.

“We look forward to adding these dispensaries to our portfolio,” Schwazze CEO Justin Dye said in the release. “The company remains focused on bringing excellent customer experiences to all areas of Colorado, and we are excited to bring that experience to our customers in Boulder.”

Last year, Schwazze bought 14 Star Buds dispensary locations in Colorado, including pot shops in Longmont, Louisville and Niwot.

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Unity Rd. opens franchise dispensary in Boulder – Boulder Daily Camera

Item 9 Labs Corp. (OTCQX: INLB), which operates the Unity Rd. brand of marijuana dispensaries, has opened its first Boulder location on Pearl Street.

The shop is owned by father-son-duo Bruce and Nate Wetzel.

“We had been looking at the cannabis space for a few years, trying to determine our best entrance that would mitigate the high risk,” Nate Wetzel said in a company news release. “We knew that by partnering with a solid franchisor we wouldn’t have to go through the ‘School of Hard Knocks’ and dig into cannabis franchises. We found a few that were just selling a business plan, no long-term support, and then discovered Unity Rd. The team has a depth of history on both the retail and cultivation side with awards to back them up. We felt most comfortable with Unity Rd. versus other routes into this nascent industry.”

Unity Rd., which has agreements in place with 15 franchise operators across the country, plans to open additional pot shops along the Front Range and could acquire existing dispensaries, according to the release.

“Our corporate acquisition strategy eases hurdles for newcomers looking to acquire an existing dispensary and keeps ownership in the hands of local owners,” Unity

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How Chef Nikki Steward Became The Go-To For Celebrity Cannabis Dinners

Dave Chappelle’s favorite caterer shares a recipe for an extra chill group hang.

To be clear, Chef Nikki Steward is not just a weed chef. The esteemed chef toured with DJ Khaled, cooking for him, the crew, and select attendees from her custom food truck that traveled via semi from city to city. She’s called upon for special campaigns, even more special green room spreads and craft services for major players across the entertainment industry. But damn, if this pharmaceutical student-turned-culinary maestro isn’t destined to cook infused food that tastes very, very good.

I was able to catch the Ohio native in between shifts feeding everyone in attendance at Dave Chappelle’s Summer Camp to learn more about her origins and how she became the chef to call on when you need a perfectly dosed spread for 200+ people. Plus, she shares a recipe for a sweet treat you can bring to the next backyard smoke sesh.

– Read the entire article at Thrillist.

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Decarbing Cannabis Tips From The Pros

For many people, the task seems daunting and I’m not going to sugar coat it. The first time you attempt it by yourself you’ll be questioning your actions every step of the way.

When you decarboxylate cannabis, you’re essentially applying heat to activate the cannabinoids and convert them from their acid form into their psychoactive state. For example, turning THCa into THC.

If you were to skip the step of decarboxylating your cannabis, your infusion would lack in potency and would in most cases not live up to your expectations. But what’s the right time, method, and heat settings to get the perfect decarbed weed?

– Read the entire article at The Fresh Toast.

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New Research Could Prove Ground-Breaking For Cannabis Agritech

A joint research project could prove to be a game-changer for New Zealand’s cannabis industry.

Rua Bioscience and the University of Waikato have announced a two-year research programme to investigate the application of hyperspectral technology to the cultivation and assessment of medicinal cannabis.

The cannabis testing industry is expected to be worth $2.5bn (USD$1.8 billion) by 2025, mainly due to global demand for medicinal cannabis.

– Read the entire article at New Zealand Herald.

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Florida firm buys Worcester cannabis dispensary for $13.5M – Worcester Business Journal

Trulieve Cannabis Corp. of Florida announced on Wednesday it had completed a $13.5-million acquisition of Nature’s Remedy’s Worcester assets.

Trulieve said it acquired Nature’s Remedy’s assets at 142-148 Southbridge St., next to Union Music, which include a final adult use retail license from the Massachusetts Cannabis Control Commission, a host community agreement with the City of Worcester, and other government authorizations to allow for the operation of a cannabis dispensary.

In April, another Florida cannabis firm, Jushi Holdings Inc., announced it would buy Nature’s Remedy’s other two dispensaries — in Millbury and Tyngsborough — as well as a cultivation and production facility in Lakeville, for $110 million. Jushi said on Thursday the purchase remains in process and is expected to close in the second half of 2021.

Trulieve purchased the Worcester assets through $7 million in cash, and the remaining in shares of Trulieve currently valued at $6 million.

The Worcester dispensary will serve adult-use and medical customers, according to the company website.

Trulieve, which has operations across the U.S., has one other Massachusetts dispensary, in Northampton.

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Medical marijuana sales start Thursday on tribal land in South Dakota – Argus Leader

The first legal marijuana transactions in the state of South Dakota in nearly a century will take place Thursday on the Flandreau Santee Sioux reservation.

At 10 a.m., Native Nations Cannabis will open the doors to a medical marijuana store where THC-infused products like buds, edibles, waxes and oils will be sold. And executives with the tribal-owned marijuana company anticipate as many as 100 customers their first day of retail operations.

Where is the dispensary?

The dispensary is located at 1314 S. Veterans Avenue, just south of the First America Mart convenience store and gas station and north of the tribe’s original casino building.

More:Flandreau tribe will open South Dakota’s first ever marijuana dispensary on July 1

When is the dispensary open? 

Native Nations Cannabis intends to operate the facility from 10 a.m. to 10 p.m. seven days a week, 365 days a year.

Can I buy cannabis in Flandreau?

Anyone with a medical marijuana ID card issued by any governmental jurisdiction with a medical marijuana program is eligible to purchase cannabis products.

More:Flandreau tribe’s cannabis outfit has 10,000 plants, expected to generate $1M a month

Do I qualify for a card?

The Flandreau Santee Sioux Tribe’s medical marijuana program requires that tribal marijuana ID cards be issued only to individuals certified by a medical professional

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Unity Rd. opens franchise dispensary in Boulder – BizWest – BizWest

BOULDER — Item 9 Labs Corp. (OTCQX: INLB), which operates the Unity Rd. brand of marijuana dispensaries, has opened its first Boulder location on Pearl Street.

The shop is owned by father-son-duo Bruce and Nate Wetzel.

“We had been looking at the cannabis space for a few years, trying to determine our best entrance that would mitigate the high risk,” Nate Wetzel said in a company news release. “We knew that by partnering with a solid franchisor we wouldn’t have to go through the ‘School of Hard Knocks’ and dig into cannabis franchises. We found a few that were just selling a business plan, no long-term support, and then discovered Unity Rd. The team has a depth of history on both the retail and cultivation side with awards to back them up. We felt most comfortable with Unity Rd. versus other routes into this nascent industry.” 

Unity Rd., which has agreements in place with 15 franchise operators across the country, plans to open additional pot shops along the Front Range and could acquire existing dispensaries, according to the release. 

“Our corporate acquisition strategy eases hurdles for newcomers looking to acquire an existing dispensary and keeps ownership in the hands of

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Jane Technologies Releases Jane Roots Headless E-Commerce Solution – Cannabis Dispensary

When Ben Telford showed up for work June 23 at the Greenleaf Compassionate Care Center in Portsmouth, R.I., he was shocked to learn that his employment was terminated.

In April, Greenleaf Portsmouth employees became the first cannabis dispensary workers in the state to unionize after a 21-1 vote to join the United Food and Commercial Workers Union (UFCW) Local 328. The organized Greenleaf team includes budtenders, keyholders, online team members and delivery associates.

Employed by Greenleaf since May 2020, Telford was a keyholder at the Portsmouth medical cannabis retail facility in Portsmouth, where his responsibilities included opening and closing the store, cash management and day-to-day operations, as well as performing other duties in the absence of management. He was also a member of Greenleaf’s union bargaining committee, a role he retains.

Courtesy of UFCW Local 328

Ben Telford, second from right, had his employment as a keyholder at the Greenleaf Compassionate Care Center in Portsmouth, R.I., terminated on June 23. 

“I was definitely shocked,” Telford said of his termination. “I’m a hard worker, both on the job, at the site, and then off the job as far as the effort to unionize and get our team together and get a contract negotiated.”

While

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