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Here’s Where To Buy Legal Weed: Nevada’s Deep Roots Harvest Has New Owner, Shops In Three States That Just Launched Sales

C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) has completed the previously announced acquisition of a 6,500-square-foot, purpose-built, operational retail cannabis dispensary in South Reno, Nevada. The company's wholly-owned Nevada subsidiary, Silver State Relief, LLC, bought Deep Roots Harvest, Inc. in a $3.5 million deal.Higher Collective, a cannabis retail brand "committed to social equity," announced the grand opening of its fifth location in Torrington, Connecticut . From The Earth State Line in Kansas City, Missouri kicked off cannabis sales recently.Schwazze,opened its 35th New Mexico dispensary last week.

CSE:CXXI

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Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%

Recent data from the Viridian Cannabis Deal Tracker highlights significant changes in the valuation multiples of major multi-state operators (MSOs) in the cannabis sector. The Viridian Cannabis Deal Tracker has become an indispensable tool for companies, investors and acquirers in the cannabis industry.

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Colorado Wants To Simplify Cannabis Regulations, Eliminate Fungus Testing: A 500-Page Rulebook Is Too Long, Lawmakers Say

Colorado lawmakers have introduced a bipartisan bill that aims to remove a rule requiring cannabis products to be tested for a fungus called Aspergillus. The rule, which was implemented by the Colorado Marijuana Enforcement Division, resulted in 17 product recalls in 2023, the most in the last seven years. The bill, Senate Bill 24-076, also seeks to make other changes to cannabis business regulations in the state. It would address the issue of labelling mandates for THC-infused products made from remediated marijuana, allow dispensaries to sell consumable goods that don't contain THC or CBD, and extend cannabis licensure from one to two years without any changes in fees. The bill has been brought by the Marijuana Industry Group, which says it is time for Colorado to streamline its regulations, following the lead of states including Nevada, California, Oregon and Maryland.

CSE:GTII