MJBizDaily · Page 193

Canadian cannabis producer Hexo appoints new CEO, CFO yet again
Apr 29, 2022, 2:15 pm By Solomon Israel
Major Canadian cannabis company Hexo Corp. appointed its third chief executive in less than a year…

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As more states legalize marijuana, CBD retailers face an identity crisis
Apr 29, 2022, 10:30 am By Kristen Nichols
Legal and lightly taxed, CBD operators have enormous business advantages compared to their…

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Michigan cannabis company Fluresh arranges $48M in new debt, refinancing
Apr 28, 2022, 6:15 pm By Solomon Israel
Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an…

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New Jersey shoppers spend $1.9 million on first day of adult-use marijuana sales
Apr 28, 2022, 5:28 pm By Bart Schaneman
Customers who stood in long lines for the start of adult-use marijuana sales in New Jersey on April…

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Kentucky governor OKs cannabis research center, weighs MMJ legalization
Apr 28, 2022, 2:00 pm By Jeff Smith
Kentucky Democratic Gov. Andy Beshear broadened the scope of a cannabis research center approved by…

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Denver marijuana company’s dispute with union highlights PR pitfalls
Apr 28, 2022, 10:30 am By Bart Schaneman
A new Colorado law that allows agricultural workers, including cannabis grow employees, to unionize…

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Canadian cannabis retailer Choom granted creditor protection
Apr 27, 2022, 9:50 pm By Matt Lamers
Struggling Canadian cannabis retailer Choom Holdings and its subsidiaries received an order for…

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Louisiana medical marijuana expansion seen as unlikely this year
Apr 27, 2022, 7:30 pm By Jeff Smith
Louisiana has only two medical marijuana growers and nine dispensaries, and it doesn’t look as…

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Georgia company files lawsuit over medical marijuana licensing process
Apr 27, 2022, 6:30 pm By Solomon Israel
Medical marijuana business Cumberland Curative filed a lawsuit against the Georgia Access to Medical…

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Two lawmakers urge House and Senate leaders to pass cannabis banking reform
Apr 27, 2022, 5:45 pm By Jeff Smith
Two Democratic lawmakers in the U.S. House of Representatives on Wednesday urged House and Senate…

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NY recreational marijuana sales likely will begin by fall, state regular says
Apr 27, 2022, 4:55 pm By Bart Schaneman
Recreational marijuana should be for sale in New York by this fall, according to the head of the…

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Canadian pre-rolls still No. 2 cannabis category, outpacing total market sales growth
Apr 27, 2022, 10:30 am By Solomon Israel
Canadian sales of legal cannabis pre-rolls nearly doubled between 2020 and 2021, outstripping total…

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Cannabis producer Canopy Growth sheds 8% of workforce, eyes CA$150 million more in savings
Apr 26, 2022, 8:31 pm 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
Apr 26, 2022, 7:45 pm 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
Apr 26, 2022, 6:45 pm 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
Apr 26, 2022, 4:00 pm 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
Apr 26, 2022, 3:48 pm 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
Apr 26, 2022, 10:30 am 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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