Delaware kicks off legal cannabis sales ✅

Delaware cannabis sales kick off on Friday ✅

Legal cannabis sales in Delaware will begin on Friday, marking a milestone for the state. The first retailers will be existing medical cannabis stores, followed by new businesses once regulations are fully ironed out.

Delaware as the French wine of weed? 🥖

Delaware Governor Matt Meyer said that he was expecting as much after touring First State Compassion's cultivation site July 30, ahead of the state's August 1 launch of its cannabis market. The governor also met with students from Delaware Technical Community College who are part of the state's first cannabis workforce training initiative. 

Massachusetts' regulators finally move social consumption forward 🍸

The state's Cannabis Control Board voted on July 30 to propose rules that would allow consumption lounges in the Bay State. The commission is now accepting public commentary on the proposed rules with a final vote from the commission expected this fall. Talking Joints Memo has more. 

Kentucky expects fall launch for medical market 🎉

Gov. Andy Beshear took to social media to announce that the state had approved its first medical shop, The Post Dispensary, which is expected to open this fall in Beaver Dam. 

Texans across the political spectrum want legal hemp 🌿

A poll from McLaughlin & Associates of about 600 likely Texas voters found that 75% of Republicans, 81 percent of Democrats and 82 percent of independents were in favor of hemp remaining legal in the Lone Star State. The Texas Senate passed SB 5, which would ban all hemp-derived THC products in the state, earlier this week.

We hosted a webinar with the Hemp Beverage Alliance, an industry trade group (and Cultivated partner), on Thursday.

We dove into the promises and challenges of THC drinks — an explosive category for consumers, but with a lot of regulatory hurdles. If you’re interested in the space, watch it back here.

“Prohibition sets a bright line for enforcement,” Texas Republican Sen. Charles Perry, the sponsor of bill SB 5, which would ban hemp-derived THC in the state, said. 

“...If I were alive in the 30s, would I have been a prohibitionist? I probably would have knowing what I know today.”

Read more from The Texas Tribune.

MariMed products to enter Pennsylvania market through TILT 🤝

Massachusetts-based MariMed announced a management services deal with TILT Holdings to distribute MariMed products in the Keystone State. MariMed will assume control of TILT's cultivation and processing facility in White Haven, Penn.

And more:

• IM Cannabis raised $4.1M from investors to help cover bills and pay down debt, offering a mix of shares and long-term investor perks, with a short lock-up period and plans to let U.S. investors trade the shares soon.

TECH
Dutchie integrated with BioTrack in New York for retail, cultivation, manufacturing, and distribution *

New York's BioTrack integration is upon us — and Dutchie is here to help companies throughout the cannabis supply chain.

In fact, Dutchie is the only validated third-party integrator ready for retail, cultivation, manufacturing, and distribution.

If you’re in New York and need more information, visit Dutchie’s New York | BioTrack Integration Guide.

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SNDL reported its second-quarter results ☀️

The Canadian cannabis company reported$2.9 million of net income (CAD) on $244.8 million of net revenue. At the same time, the company also reported a $12.6 million loss in cashflow. The company says this was a result of working capital and CAPEX investments, $3.8 million for long term investments and an additional $1 million for the 1CM acquisition.

Canopy Growth appoints new director for Europe 📈

Canopy Growth appointed Miles Worne as managing director of European markets, effective on August 11th. Worne’s most recent position was president of Curaleaf International. 

And also:

• Cannabis investment firm Poseidon is looking for a General Manager for its Carlstadt, NJ dispensary, according to a social media post from the company’s managing director. The location is steps from MetLife Stadium. 

• California's Department of Cannabis Control is looking for a Research Grant Manager.

Our Editor-in-Chief Jeremy has been very much enjoying Papa & Barkley’s Releaf balm after summer surf sessions. Papa & Barkley is a wellness-focused cannabis brand.

New York's cannabis licensing error is one of the biggest in the country – and will be costly | Crain's New York

Could your NY weed dispensary need to move? We mapped the shops in limbo. | Gothamist

Bipartisan Senators Say Deal On Hemp Is Within Reach As New Amendment To Ban Synthetic Cannabinoids Is Filed | Marijuana Moment