tl;dr “We want to make it as lawsuit-free as possible for us to pick winners and losers rather than just opening up the market and letting it decide.”

“It should be said that Leafly and other cannabis media platforms did not exactly step up, either. A cannabis worker died on the job and we knew nothing about it until Mike Crawford started talking about it eight months later on his podcast.

We pledge to do better."

The state only cares about Trulieve's money and nothing else …as they ship old products into CT.

Big shout out to Mike Crawford for making this story part of the national cannabis conversation through sheer force of will. Connecticut allowing Trulieve to grow their footprint here will only lead to more outcomes like this tragedy.

The appearance of corruption is just as pernicious as real corruption itself. Connecticut has so many houses of cards being propped up by corruption, no wonder legislators are freaking out about being held accountable on video. The state's cannabis social equity council has already banned public comment at their public meetings. Seems like this is the next logical step for them to silence any and all dissent.

Is the Terp in your name pertaining to your alma mater, or terpenes?

Plenty more worth reading.

Are we, though? Have you really looked into it? The smaller growers here in Connecticut are not happy. They've mostly been excluded from access to the market, and those that did get a license had to partner up with MSOs or out-of-state investors.

Safety has been my lane for a while now.

I assume you don't talk to any small craft producers out there in California. Because you'd be hearing quite a different analysis.

Yeah, and how is the CA legal market doing these days? Have you been paying attention?

You won't have to wait long. The same 4 incumbent players will fully control the market for at least another full calendar year (by design). Everyone can legally grow their own as of July 1st. After that, it's game over.

It's rationalizing the complete and total dominance of the CT market by corporate cannabis. But spin it however you need to.

The short answer is we will see less money, and less socially beneficial ownership, than the supporters of this state’s legalization envisioned in the spring of 2021, when the General Assembly passed the law that Gov. Ned Lamont signed with fanfare.

Love it. Great composition.

So maybe Silver Point Capital just keeps infusing them with runway, plausibly? Similar to what happens in Canada.

Not sure about the letter, but the spirit of this part of the law is to ensure adequate capacity in the supply pipeline before opening up adult-use retailers. Without Theraplant, that pipeline is right back to where it was prior to November 10, 2022 when they converted.

I still think they’ll likely come up with a legalese answer for why they won’t have to shutdown the market if canopy space dips below 250k. “Projected future canopy footprint will sufficiently replace the outgoing”

Serious question: does the SPAC factor come into play here in terms of how the debt can be restructured? I am not a lawyer.