The Union-based retailer entered into a cooperation agreement with Ryan Cohen and his company RC Ventures LLC, which owns approximately 9.8% of the company's outstanding shares.
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Retail
Still no adult-use cannabis sales, CRC says, as it awards conditional licenses
According to Cannabis Regulatory Commission Executive Director Jeff Brown, New Jersey operators are about 100,000 pounds light on product to support the new market and the existing medical one.
Read More »Somerset Shopping Center adds outdoor furniture retailer
Fortunoff Backyard Store is continuing its regional expansion, under a new lease for a space at the complex formerly occupied by Pier 1 Imports.
Read More »NJ launches widget to help cannabiz hopefuls navigate setting up a business
The widget comes on the heels of the CRC opening its portal for dispensary license applicants on March 15.
Read More »NJ sees 172 apps for cannabis dispensary licenses in first 7 hours
Applications are now open for cultivation and manufacturing businesses, testing laboratories and dispensaries. They're being accepted on a rolling basis and will remain open.
Read More »Ascend Montclair workers ratify cannabis dispensary labor agreement
This contract is the dispensary’s first and it covers approximately 22 employees who work at the company’s site in Essex County.
Read More »NJ enters cannabis track-and-trace contract with Metrc
The company offers an RFID tag model, where each individual plant and product is traceable through a patented radio-frequency identification tag, allowing for seamless data tracking for each plant, optimizing inventory control and cultivation management.
Read More »East Orange CBD delivery company wins $50K, spot in 12-week accelerator
An innovative duo in the industry caught the attention of San Francisco-headquartered Eaze, the nation's largest cannabis delivery company.
Read More »Cross River partners with Hispanic chamber on entrepreneurship program
The initiative from the Statewide Hispanic Chamber of Commerce of New Jersey aims to promote access to capital, opportunities and new markets to Hispanic business owners.
Read More »Prudential grants $300K to help Newark small businesses
The funds will help companies grow, create job opportunities and sustain an inclusive local economy, New Jersey Community Capital said.
Read More »Activist investor and Gamestop chair urges Bed Bath to focus strategy
Ryan Cohen penned a letter to the board of the Union-based retailer that also urged the company to explore a separation of retailer buybuy BABY, or a sale of the whole company.
Read More »As omicron wanes, NJ businesses struggle with inflation
At the variant’s peak in December and January, owners said that patronage dropped off, but activity has since bounced back. Now, they have bigger problems: higher costs and few workers.
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