April 14, 2021 at 9:01 am Published by NCV Newswire
Vireo Health Completes Expansion of Cannabis Cultivation Facility in New Mexico & Announces Opening of Two Green Goods Dispensaries in Albuquerque and Las Cruces
Pending regulatory approval, the new facility will increase flower output by up to eight times
Vireo to begin sales at two recently completed retail dispensaries, pending regulatory approval
Creates significant growth opportunities due to passage of adult-use legislation in New Mexico
MINNEAPOLIS, April 14, 2021 /PRNewswire/ Vireo Health International Inc., (“Vireo” or the “Company”) (CSE: VREO,OTCQX: VREOF), the leading physician-founded, science-focused multi-state cannabis company, today announced the completion of a planned expansion of the Company’s cultivation and processing facility in New Mexico. The Company also announced that two recently completed retail dispensaries in Albuquerque and Las Cruces are ready to open, pending regu
Vireo Health Completes Expansion of Cannabis Cultivation Facility in New Mexico & Announces Opening of Two Green Goods Dispensaries in Albuquerque and Las Cruces
- Pending regulatory approval, the new facility will increase flower output by up to eight times -
- Vireo to begin sales at two recently completed retail dispensaries, pending regulatory approval -
- Creates significant growth opportunities due to passage of adult-use legislation in New Mexico -
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MINNEAPOLIS, April 14, 2021 /PRNewswire/ Vireo Health International Inc., ( Vireo or the Company ) (CSE: VREO,OTCQX: VREOF), the leading physician-founded, science-focused multi-state cannabis company, today announced the completion of a planned expansion of the Company s cultivation and processing facility in New Mexico. The Company also announced that two recently completed retail dispensaries in Albuquerque and Las Cruces are ready to open, pending regulatory appro
Schumer Says It’s Time To End Federal Cannabis Prohibition
arrow Dried hemp plants at Hepworth Farms Seth Wenig/AP/Shutterstock
Imagine a scenario in which any state that wanted to sell orange juice had to ensure all oranges were grown and juiced within state lines.
“You would be able to give it away for next to nothing in Florida, but it would be next to gold in Massachusetts,” suggested Justin Strekal, political director for NORML, the National Organization for the Reform of Marijuana Laws.
It may sound bizarre, but this is a fitting analogy for cannabis in the U.S., where the plant still can’t be shipped across state borders. It’s just one of many idiosyncrasies that come with marijuana remaining in the same category as heroin under federal law. Those buds meanwhile are already legalized for adult use in 17 states and Washington, D.C.
Vireo Health Completes Expansion of Cannabis Cultivation Facility in New Mexico & Announces Opening of Two Green Goods Dispensaries in Albuquerque and Las Cruces mesabitribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mesabitribune.com Daily Mail and Mail on Sunday newspapers.
Vireo Health Announces Closing of Previously Announced Divestiture of Ohio Medical Solutions
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MINNEAPOLIS, April 1, 2021 /PRNewswire/ Vireo Health International, Inc. ( Vireo or the Company ) (CSE: VREO; OTCQX: VREOF), the science-focused, multi-state cannabis company, today announced that the sale of its former subsidiary, Ohio Medical Solutions, LLC, to Ayr Wellness, Inc. closed on March 31, 2021. In connection with the closing of the transaction, Vireo received cash proceeds of $1.15 million, and was relieved of $3.6 million in right of use liabilities affiliated with lease obligations. The closing of this transaction was another important milestone in the successful execution of our core market strategy, which has been focused on increasing scale in our vertically-integrated markets of Arizona, Maryland, Minnesota, New Mexico, and New York, said Chairman & Chief Executive Officer, Dr. Kyle Kingsley. Our improving