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E61 - Lines out the door in NJ, sales to begin this fall in NY, Canopy layoffs, and a little poolsides debrief

April 28, 2022

And we’re back! Our ‘famous’ High Rise hosts return from many action packed, data backed, poolside sessions and into the regular cannabis news cycle of the week.

In this episode Cy and Emily start out by giving us a little debrief of the poolside sessions at Benzinga — a huge success but no actual swimming happened.

Into the news, our hosts talk about the freshly open for business, adult use sales that’s happening in the state of New Jersey. Lines out the door and around the block make for a pretty successful opening for many NJ stores — Cy and Emily talk about the data behind this new east coast market. 

Moving onto the state of NY, the CCB chair told the pubic recently that adult use cannabis products are slated to hit retail shelves by autumn of this year, just in time for apple picking. Stay tuned for some data around that!

In MSO news our hosts touch on Verano and their unaudited Q4 numbers. In Canada a slew of layoffs from Canopy Growth (one of the most funded CA MSOs) just happened. Cy and Em talk about some of the possible root causes and lessons learned.

We hope you enjoy streaming this episode of the High Rise as the month of April comes to a close. Remember to rate and share this podcast as it really helps us keep the conversation going — thanks see you on the next one!