Normal could widen buffer zone for recreational marijuana stores – WGLT

Normal is considering adjusting its rules about where cannabis dispensaries can operate in the town.

On Wednesday, the town council will discuss a proposal to widen buffers around schools, daycares, churches and some residential zoning. The proposal also would tighten the state’s 1,500-foot separation rule for dispensaries.

The council usually meets the first and third Mondays of the month on the fourth floor of Uptown Station. But because of the Fourth of July holiday, the meeting will begin at 7 p.m. Wednesday.

If the council opts to initiate the process for considering a zoning code amendment, an Aug. 10 public hearing would be held prior to a meeting of the Normal Planning Commission.

The earliest the Normal Town Council would vote on the proposed changes would be Aug. 21.

The proposal follows a June 5 council work session, held to consider public concerns raised this spring as Normal issued permits for its second and third dispensaries.

The changes would double to 200 feet the space between dispensaries and schools, day care centers and churches. It also adds language to a state rule requiring 1,500 feet of separation between dispensaries.

Town of Normal

/

Meeting Materials

The owners of High Haven want

Read More Here...

Where to buy weed in Maryland: A complete list of approved dispensaries – FOX 5 DC

Recreational marijuana legal in Maryland starting tomorrow

Dr. Aliya Jones shares what you need to know about recreational marijuana from a health perspective

BETHESDA, Md. (FOX 5 DC)Maryland’s new marijuana laws go into effect July 1, and in case you’ve had your head in the clouds, you’ll now be able to consume, possess, and even grow a certain amount legally.  

As long as you’re over 21, and can prove it with a government-issued ID, you’ll also be able to purchase a “personal amount” (up to 1.5 ounces) of cannabis from approved dispensaries without a medical card. If you’re into vapes, gummies, or other edibles, you can buy up to 750 milligrams worth, and up to 12 grams worth of concentrated cannabis — if that’s how you boogie. 

Forget about calling that one relative or that guy you kind of knew in high school, we’ve put together a complete list of the dispensaries that are eligible — courtesy of The Maryland Cannabis Administration — to serve customers on Saturday. Check it out below: 

Montgomery County’s plans for marijuana legalization

Recreational marijuana will become legal on Saturday, July 1.

Dispensaries in Montgomery County 

Potomac Holistics 

14808 Physicians Ln.,

Read More Here...

TerrAscend to Acquire Fourth Dispensary in Maryland for $8.25M – Green Market Report

TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) entered into a definitive agreement to acquire Herbiculture Inc. (dba Herbiculture), a medical dispensary in Burtosnville, Maryland, for total consideration of $8.25 million.

With this transaction, TerrAscend will reach the four dispensary cap in the state. With the upcoming launch of adult-use on July 1, the company believes that Herbiculture is well positioned to achieve substantial sales and profit growth.

Under the terms of the agreement, the total $8.25 million will be comprised of $3 million in cash, with the remainder in a seller’s note.

The transaction, which is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis, has already been approved by the Maryland Cannabis Administration and is expected to close in the coming days.

Herbiculture has a net revenue run rate of approximately $4.3 million.

“Adding a fourth dispensary in Maryland is an important step in our strategy to become a market leader in the state. We anticipate that Herbiculture, combined with our other Maryland dispensaries, will drive substantial revenue growth and profitability,” said Jason Wild, executive chairman of TerrAscend. “We look forward to serving more consumers in Maryland with the start of adult-use sales in this state,

Read More Here...

Maryland dispensaries prepare for large crowds as recreational marijuana becomes legal – DC News Now | Washington, DC

CAPITOL HEIGHTS, Md. (DC News Now) — With less than 24 hours left before recreational marijuana use becomes legal in Maryland, dispensaries across the state are preparing for large crowds.

“It’s been a long time coming. I’m super excited,” said Hope Wiseman, CEO of Mary and Main in Capitol Heights, Md. “I want everybody to consume safely and responsibly but I want everyone to have fun too.”

Starting July 1, Marylanders who are 21 and up can purchase marijuana without a medical card.

Looking to buy marijuana in Maryland? Here’s what to know.

Mary and Main is a Black-owned dispensary in Prince George’s County and is one of many locations anticipating the high demand.

“I think everybody has been stocking up on inventory, because no one wants to run out,” she said. “We’re very prepared.”

Wiseman says the process to purchase recreational cannabis will run smoothly with their system.

Whether it’s for recreational use or for medical reasons, guests will have to check in by showing a valid government-issued ID. Security will then allow guests to enter into Mary and Main to shop. Employees, also known as

Read More Here...

TerrAscend Closes on Third Dispensary Acquisition in Maryland … – StreetInsider.com

TerrAscend Closes on Third Dispensary Acquisition in Maryland Ahead of Adult-Use Launch

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 7/2/2023


Acquisition of Blue Ridge is expected to be immediately accretive on an EBITDA and cashflow basis June 30, 2023 3:56 PM EDT

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of its previously announced acquisition of Hempaid, LLC (d/b/a “Blue Ridge Wellness”), a medical dispensary in Maryland. The transaction expands TerrAscend’s footprint to three dispensaries in the state. Blue Ridge Wellness is well positioned to achieve substantial sales growth following the commencement of adult-use sales in Maryland on July 1, 2023. This transaction is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis.

Blue Ridge Wellness, a medical dispensary located in Parkville, Maryland, is on a revenue run rate of approximately US$4.3 million. TerrAscend expects to achieve significant sales and margin improvement at this location with the launch of adult-use and by offering a complete selection of

Read More Here...

Marijuana is legal in Maryland starting July 1. Here’s info on dispensaries and more – NBC4 Washington

Starting Saturday, it will be legal to use and buy recreational marijuana in the state of Maryland.

Here’s a guide to everything you need to know about the new law, including which dispensaries will be selling recreational marijuana, the impacts on law enforcement, public safety and beyond.

The basics: When did Maryland approve recreational marijuana?

Back in the November 2022 elections, Maryland voters approved legalizing recreational marijuana in a constitutional amendment.

Who is allowed to use or possess marijuana?

Adults 21 and older can use and possess non-medical cannabis, according to the new law.

How much marijuana can adults possess?

“Adults 21 years and older will be able to possess up to 1.5 ounces of cannabis flower, up to 12 grams of concentrated cannabis or a total amount of cannabis products that do not exceed 750 mg of THC. This is known as the ‘personal use amount,’” according to the Maryland Cannabis Administration.

Where is cannabis use allowed, and where is it prohibited?

You can consume or smoke marijuana at home or in a private setting, but it’s illegal to use it in public places, including parks, streets, sidewalks, bars, restaurants, public transportation and places of employment.

The Department of

Read More Here...

TerrAscend Closes on Third Dispensary Acquisition in Maryland … – GlobeNewswire

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of its previously announced acquisition of Hempaid, LLC (d/b/a “Blue Ridge Wellness”), a medical dispensary in Maryland. The transaction expands TerrAscend’s footprint to three dispensaries in the state. Blue Ridge Wellness is well positioned to achieve substantial sales growth following the commencement of adult-use sales in Maryland on July 1, 2023. This transaction is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis.

Blue Ridge Wellness, a medical dispensary located in Parkville, Maryland, is on a revenue run rate of approximately US$4.3 million. TerrAscend expects to achieve significant sales and margin improvement at this location with the launch of adult-use and by offering a complete selection of its high-quality brands including Kind Tree, Gage, Cookies and Wana. The Company has plans to relocate this dispensary to a new, larger storefront it has already secured. This 3,900 square foot prime location is conveniently located near the White Marsh Mall, a high-traffic retail center. The Company expects to complete the relocation of Blue Ridge in the next six months. With the

Read More Here...

TerrAscend Closes on Third Dispensary Acquisition in Maryland Ahead of Adult-Use Launch – Yahoo Finance

TerrAscend

Acquisition of Blue Ridge is expected to be immediately accretive on an EBITDA and cashflow basis

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of its previously announced acquisition of Hempaid, LLC (d/b/a “Blue Ridge Wellness”), a medical dispensary in Maryland. The transaction expands TerrAscend’s footprint to three dispensaries in the state. Blue Ridge Wellness is well positioned to achieve substantial sales growth following the commencement of adult-use sales in Maryland on July 1, 2023. This transaction is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis.

Blue Ridge Wellness, a medical dispensary located in Parkville, Maryland, is on a revenue run rate of approximately US$4.3 million. TerrAscend expects to achieve significant sales and margin improvement at this location with the launch of adult-use and by offering a complete selection of its high-quality brands including Kind Tree, Gage, Cookies and Wana. The Company has plans to relocate this dispensary to a new, larger storefront it has already secured. This 3,900 square foot prime location is conveniently located near the White Marsh Mall, a high-traffic retail center. The Company expects

Read More Here...

Photos: Berner opens the first Cookies dispensary in the Valley – Phoenix New Times

A seemingly endless line of people wrapped around the corner of South Hardy Drive and down several blocks of West Alameda Drive in Tempe on June 24. Excited chatter was drowned out by hip-hop beats expertly spun by DJ Jetsteen as the crowd slowly filtered through the Valley’s newest dispensary — Cookies.

Cookies bills itself as the world’s first legal $1 billion cannabis brand. From proprietary strains to bespoke clothing lines and hip-hop music to athlete sponsorships, Cookies has been redefining what it means to be a vertically integrated cannabis operation. But even with the brand’s immense success, Cookies cofounder and CEO Berner — the rapper formerly known as Gilbert Milam Jr. — said opening a dispensary in Tempe was one of his biggest achievements.

“You know, I grew up in Chandler, and Arizona has always been a big part of who I am,” Berner told Phoenix New Times. “I am proud to be bringing Cookies to the Valley.”

Cookies’ expansion into Arizona was made possible by a partnership with Alicia Deals, who was awarded a social equity cannabis license in 2022. Deals was one of just 26 applicants — out of a pool of 1,301 — to be randomly selected for the

Read More Here...

Berkeley cannabis: With tax relief likely, businesses can exhale – Berkeleyside

imageIn this 2018 file photo, Mayor Jesse Arreguín snips a green ribbon to officially begin the legal sale of cannabis in Berkeley. Now, with sales declining and taxes increasing, Berkeley is pondering sales tax relief to keep the city’s legal cannabis market thriving. From left, State Senator Nancy Skinner, Sean Luse, COO of Berkeley Patients Group, Arreguín, Tim Schick, the executive director of BPG, and Sabrina Fendrik, the director of government affairs for BPG. Photo: Pete Rosos ” data-medium-file=”https://i0.wp.com/newspack-berkeleyside-cityside.s3.amazonaws.com/wp-content/uploads/2018/01/Mayor-Jesse-Arreguín-snips-a-green-ribbon-to-officially-open-the-legal-sale-of-cannabis-in-Berkeley.-From-left-State-Senator-Nancy-Skinner-Sean-Luse-COO-of-Berkeley-Patients-Group-e1514829240125.jpg?fit=360%2C240&ssl=1″ data-large-file=”https://i0.wp.com/newspack-berkeleyside-cityside.s3.amazonaws.com/wp-content/uploads/2018/01/Mayor-Jesse-Arreguín-snips-a-green-ribbon-to-officially-open-the-legal-sale-of-cannabis-in-Berkeley.-From-left-State-Senator-Nancy-Skinner-Sean-Luse-COO-of-Berkeley-Patients-Group-e1514829240125.jpg?fit=900%2C600&ssl=1″ decoding=”async” width=”900″ height=”600″ src=”https://i0.wp.com/newspack-berkeleyside-cityside.s3.amazonaws.com/wp-content/uploads/2018/01/Mayor-Jesse-Arreguín-snips-a-green-ribbon-to-officially-open-the-legal-sale-of-cannabis-in-Berkeley.-From-left-State-Senator-Nancy-Skinner-Sean-Luse-COO-of-Berkeley-Patients-Group-900×600.jpg?resize=900%2C600&ssl=1″ alt class=”wp-image-283752″ data-recalc-dims=”1″>In this 2018 file photo, Mayor Jesse Arreguín snips a green ribbon to officially begin the legal sale of cannabis in Berkeley. Now, with sales declining and taxes increasing, Berkeley is pondering sales tax relief to keep the city’s legal cannabis market thriving. From left, State Sen. Nancy Skinner, Sean Luse, COO of Berkeley Patients Group, Arreguín, Tim Schick, the executive director of BPG, and Sabrina Fendrik, the director of government affairs for BPG.

Read More Here...