New Jersey Cannabis Grows with New Acreage Facility
Acreage expanded their business operations in New Jersey with the completion of a new facility.
Recently, Acreage Holdings, Inc. (Acreage), announced in their press release (1), that the company had expanded their facility located in Egg Harbor Township, New Jersey. In the expansion, the building underwent a renovation which included upgrades regarding processing and cultivation. With these improvements Acreage will be able to expand on products the company offers in the Garden State (1). Along with the enhancement to the location, the company will be able to boost their employee headcount by 15% in the first quarter of 2024 which will help New Jersey’s cannabis industry grow.
“We are absolutely thrilled to have completed the expansion of our Egg Harbor Township facility,” Sharon Ali, Executive Vice President, Mid-Atlantic Region at Acreage, commented (1). “New Jersey is one of our cornerstone markets, where we continue to bolster our position as a leading operator in the state. These enhancements are timely, as the state continues to present a tremendous opportunity for the expansion of our in-house brand product suite. Demand for our wholesale and retail offerings in New Jersey has remained persistent, as demonstrated by our record month of wholesale sales in August. This new capacity enables us to produce a larger and more diversified offering for two of the most popular segments in the market – premium flower and edibles – as well as top-selling concentrates for Superflux, which are anticipated to reach consumers by year-end.”
“With our expanded canopy, new genetics, and a wider breadth of extraction and processing capabilities, we will increase our competitive position in the state. These leading-edge upgrades position us strongly to meet the high market demand, and we expect to launch new, innovative products across a range of formats to New Jersey consumers in the first half of 2024,” Ali added (1).
To learn more about their expansion upgrades to Egg Harbor Township facility, check out their press release here: https://www.globenewswire.com/news-release/2023/12/07/2792395/0/en/Acreage-Deepens-New-Jersey-Operations-with-Completion-of-Egg-Harbor-Facility-Expansion.html.
Reference
- Acreage Holdings, Inc. Acreage Deepens New Jersey Operations with Completion of Egg Harbor Facility Expansion https://www.globenewswire.com/news-release/2023/12/07/2792395/0/en/Acreage-Deepens-New-Jersey-Operations-with-Completion-of-Egg-Harbor-Facility-Expansion.html (accessed Dec 7, 2023).
Ep 24, Part II: Data Transparency in Cannabis Testing with Yasha Khan
December 12th 2024Evan Friedmann and Yasha Kahn, co-founder of MCR Labs, discuss the discrepancies between current regulations and data on mycotoxins and pesticides in cannabis products. They highlight the need for updated regulations based on new data, emphasizing the importance of accurate testing and labeling. They also discuss the issue of result manipulation, particularly in THC content, and the need for public health officials to address this. Yasha suggests making testing data public to enhance oversight and suggests a national entity to manage this data for better consistency and public safety.
Ep 24, Part I: Data Transparency in Cannabis Testing with Yasha Khan
November 21st 2024Evan Friedmann interviews Yasha Khan, co-founder of MCR Labs, about his journey into the cannabis industry and his efforts to promote transparency and integrity in laboratory practices. Yasha discusses the origins of MCR Labs, which began in Massachusetts to meet the needs of the soon-to-be legal medical cannabis market. He explains the challenges faced, including result manipulation by labs and the impact on public health. Yasha's Freedom of Information Act (FOIA) project aimed to gather testing data from 37 states, revealed significant discrepancies in potency and mold results. Despite some states' reluctance to share data, Yasha has made much of this data public, leading to collaborative research and publications on various aspects of cannabis testing.
