Murphy succeeds Ralph Cascarilla, who has served the firm as managing partner for the past two decades. Murphy is the sixth manging partner at the firm since its founding in 1932.
There has been nearly $1.2 billion in medical marijuana sales in Ohio since the state's first dispensaries opened in 2019. However, sales volumes grew just 26% in the past year, compared with growth of 72% between 2020 and 2021.
After years of slow and steady growth, the legal marijuana industry is grappling with a downturn amid surging levels of inflation and the potential for a recession.
After years of slow and steady growth, the legal marijuana industry is grappling with a downturn amid surging levels of inflation and the potential for a recess
With a vertically integrated business in its home state, blossoming facilities in Utah, Missouri and soon-to-be Maryland, Standard stands out today as the largest multistate operator headquartered in the Buckeye State.