MJBizDaily · Page 187

Cannabis producer Canopy Growth sheds 8% of workforce, eyes CA$150 million more in savings
Tue 8:31pm By Matt Lamers
Canadian cannabis producer Canopy Growth slashed approximately 8% of its workforce Tuesday as part…

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United Kingdom extends CBD food deadline after complaints
Tue 7:45pm By Kristen Nichols
British food regulators hit the pause button on plans to winnow edible CBD products that can be…

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Marijuana tech firm Lucid Green raises $10 million in capital
Tue 6:45pm By Jeff Smith
New York-based Lucid Green, which provides a high-tech, inventory-management platform for the…

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Montana city lowers minimum age to own or work for a marijuana company
Tue 4:00pm By Bart Schaneman
Billings, Montana, lowered the age limit from 21 to 18 for people to own or work for a marijuana…

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Marijuana retailer Fire & Flower posts revenue decline, cites competition
Tue 3:48pm By Solomon Israel
Toronto-headquartered cannabis retail chain Fire & Flower Holdings reported declining sequential…

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New Jersey’s recreational cannabis program has smooth launch despite supply worries
Tue 10:30am By Jeff Smith
New Jersey’s recreational cannabis market has gotten off to a relatively smooth start, with no…

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Illinois adult-use marijuana sales rebound with second-best month
Apr 25, 2022, 8:20 pm By Jeff Smith
Illinois adult-use marijuana sales totaled nearly $131 million in March, halting a two-month slide.…

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North Carolina bank to offer financial services to cannabis companies
Apr 25, 2022, 5:30 pm By Bart Schaneman
A bank in Raleigh, North Carolina, launched a banking program dedicated to marijuana and CBD…

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Cresco seeks $38 million in tax breaks for New York marijuana production site
Apr 25, 2022, 4:32 pm By Solomon Israel
Multistate operator Cresco Labs is chasing tax breaks worth $38 million for its planned marijuana…

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California drought plan could exclude cannabis as growers prepare for dry summer
Apr 25, 2022, 10:30 am By Roger Fillion
Heading into another brutally dry summer, struggling cannabis growers in California could be…

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2 Alberta hemp processors awarded CA$700,000 to expand production
Apr 22, 2022, 9:51 pm By Kristen Nichols
Two hemp manufacturing plants in Alberta, Canada, will get roughly 900,000 Canadian dollars…

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Ohio expands THC label requirements to include delta-8 THC, minor cannabinoids
Apr 22, 2022, 8:50 pm By Kristen Nichols
Ohio medical marijuana producers will now be required to list THC isomers and minor cannabinoids…

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MO advocates collect enough signatures for adult-use cannabis petition
Apr 22, 2022, 6:00 pm By Bart Schaneman
A group working on a constitutional amendment to legalize adult-use cannabis in Missouri says it has…

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Two Ohio Democrats push for recreational marijuana legalization
Apr 22, 2022, 5:31 pm By Jeff Smith
Two Ohio Democratic lawmakers plan to introduce a recreational marijuana legalization bill similar…

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Decibel books CA$1.7 million profit on rising cannabis sales
Apr 22, 2022, 4:48 pm By Matt Lamers
Decibel Cannabis Co. recorded net income of 1.7 million Canadian dollars ($1.3 million) for the 2021…

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Canada’s adult-use marijuana sales continue decline in Feb. to CA$336.4M
Apr 22, 2022, 2:42 pm By Solomon Israel
Sales of legal adult-use cannabis in Canada declined 2.9% from January to February, new government…

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County politics could hamper Montana’s recreational cannabis market
Apr 22, 2022, 10:30 am By Andrew Long
County-level political battles could upend Montana’s newly launched recreational cannabis market,…

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Hexo closing Belleville cannabis facility, laying off another 230 workers
Apr 21, 2022, 9:13 pm By Matt Lamers
Struggling Canadian cannabis producer Hexo Corp. is closing its Belleville facility and…

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AFC Gamma lends Florida marijuana MSO Bloom Medicinals up to $82.5 million
Apr 21, 2022, 9:00 pm By Solomon Israel
Cannabis real estate lender AFC Gamma announced a senior secured credit facility worth up to $82.5…

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Switzerland aims for summer start of recreational cannabis trial program
Apr 21, 2022, 7:20 pm By Matt Lamers
Europe’s latest recreational cannabis trial program is set to begin in Basel, Switzerland, this…

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