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The Empire State is on the verge of a groundbreaking moment as it ushers in a new era of cannabis legalization. After more than 2 1/2 years since receiving the official green light for adult-use cannabis, the state is now ready to accept general license applications. This...
Navigating Receivership and Bankruptcy in the Cannabis Industry The cannabis industry, despite its rapid growth, is not immune to financial challenges. Companies within this sector may encounter financial hardships, prompting them to consider bankruptcy and alternative options...
In a significant development, the U.S. Department of Health and Human Services (HHS) officially recommended on August, 30, 2023, that the U.S. Drug Enforcement Agency (DEA) reclassify marijuana from a Schedule I to Schedule III drug under the Controlled Substances Act. This...
Opus Consulting partner, Connor Yost, will be speaking next Thursday, July 20th at the Worcester Business Journal’s 5th annual Business of Cannabis Summit. The afternoon features a keynote from Shannon O’Brien, Chair of the Cannabis Control Commission, Commonwealth of...
Opus Consulting Group Releases Updated New York Cannabis Report Examining First Six Months of New York’s Adult-Use Cannabis Market With more than 20 million residents and high tourism rates across the state, New York’s six-month-old regulated adult-use cannabis market is...
More than 30 jobs created; Cannabis revenue to go to services for Tribal Citizens in New York and Michigan PORTLAND, ME, May 2, 2023 – The first retail cannabis dispensaries owned by the Seneca Nation in New York, and by the Pokagon Band of Potawatomi Indians in Michigan,...
FOR IMMEDIATE RELEASE Opus Consulting Completes Financial and Operational Restructuring of Ermont, Inc. in First-of-its-Kind Receivership Sale to Multi-State Operator MariMed, Inc. PORTLAND, ME, March 9, 2023 – Opus Consulting Partners LLC (“Opus Consulting”) has completed...
The 6 best areas where cannabis analytics can be beneficial: Cannabis Analytics refers to the collection, analysis, and interpretation of data related to cannabis products and use. There are several potential benefits of cannabis analytics including Quality control:...
When Bankruptcy isn't an option After another rollercoaster of a year, I’m reflecting back on some of the insights my partners and I at Opus Consulting (previously Nucleus One) shared with the Cannabis Industry throughout the COVID-19 pandemic. One area that we’ve continued to...
Opus client, Seneca Nation was recently featured in the news after they announced their plans for a recreational cannabis dispensary on tribal land. For more information check out the articles below! Forbes "The Seneca Nation of Indians announced this week that it is building a...
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