Chris Alexander, the former head of the New York Office of Cannabis Management (OCM), resigned in May. Gov. Kathy Hochul first announced that Alexander's contract would not be renewed following its end in September. As Green Market Report's John Schroyer highlighted, the governor on Monday announced three new experts to lead the agency.S3 Collective has formed its governmental advisory committee (GAC).
Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience.
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.