MJBizDaily · Page 342

Canadian cannabis retailer High Tide posts sequential revenue growth
Sep 16, 2020, 3:29 pm By Solomon Israel
Canadian cannabis retail chain High Tide Inc. reported revenue of 23.2 million Canadian dollars…

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New medical cannabis product recall in Germany
Sep 16, 2020, 2:13 pm By Alfredo Pascual
Cologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination…

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Canopy Rivers JV PharmHouse gets creditor protection order after lawsuit
Sep 16, 2020, 12:27 pm By Solomon Israel
PharmHouse Inc., a Canadian cannabis joint venture partly owned by venture capital firm Canopy…

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New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed
Sep 16, 2020, 12:00 pm By Jeff Smith
A second round of multistate marijuana operators are rapidly expanding their geographic footprints,…

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New Jersey adding more medical cannabis dispensaries
Sep 16, 2020, 9:00 am By John Schroyer
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on…

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Four tips to navigate cannabis mergers and acquisitions in a distressed market
Sep 16, 2020, 6:30 am By Bart Schaneman
In the midst of an extended economic downturn, cannabis companies have few options for raising…

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Maine licenses first recreational marijuana manufacturing facility
Sep 15, 2020, 6:37 pm By Bart Schaneman
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along…

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Canadian cannabis retailers Meta, Fire & Flower report sales growth, net losses
Sep 15, 2020, 3:21 pm By Solomon Israel
Two of Canada’s biggest cannabis retail chains have posted increasing quarterly revenues, as…

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Multistate cannabis operator Holistic Industries raises $35 million
Sep 15, 2020, 3:17 pm By Jeff Smith
Holistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in…

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Hexo announces fourth chief financial officer in two years
Sep 15, 2020, 12:16 pm By Matt Lamers
The chief financial officer carousel is turning once again at cannabis producer Hexo Corp. The…

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Washington state marijuana vaping lawsuit dismissed
Sep 15, 2020, 12:14 pm By Bart Schaneman
A state judge dismissed a lawsuit against Everett, Washington-based marijuana vaporizer company…

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Czech medical cannabis sales show timid growth despite insurance coverage
Sep 15, 2020, 10:56 am By Alfredo Pascual
Medical cannabis sales in Czech Republic remain largely insignificant despite health insurance…

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Cannabis producer Zenabis gets 4th CEO in 2 years
Sep 15, 2020, 9:59 am By Matt Lamers
Consumer packaged goods veteran Shai Altman took the reins of Zenabis earlier this month as the…

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New Zealand cannabis market estimated at NZ$1.5 billion, 74,000 kilograms
Sep 15, 2020, 9:00 am By Matt Lamers
Roughly 74,000 kilograms (74 metric tons) of cannabis is consumed annually in New Zealand’s illicit…

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California marijuana tax revenues stall in wake of pandemic, job losses
Sep 15, 2020, 6:30 am By Andrew Long
A global pandemic, record job losses and massive budget shortfalls all contributed to what…

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Group to drop court challenge of Utah’s restrictive medical cannabis law
Sep 14, 2020, 3:31 pm By Jeff Smith
Activists in Utah plan to drop a lawsuit challenging the state Legislature’s action to replace a…

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Arkansas medical marijuana sales reach $143 million
Sep 14, 2020, 2:23 pm By Bart Schaneman
Arkansas medical marijuana stores have sold $143 million worth of medical cannabis since sales…

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Both medical and adult-use cannabis legalization on South Dakota ballot for November
Sep 14, 2020, 6:30 am By Jeff Smith
South Dakota in November will become the first state in the nation to vote on both medical and…

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R&D, innovation are key for marijuana companies seeking to stay relevant with consumers
Sep 13, 2020, 11:00 am By Bart Schaneman
Marijuana extraction companies are among the industry leaders in innovation because the sector is…

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Week in Review: Nature’s huge toll on cannabis growers, Illinois social equity questions, legalization efforts & more
Sep 12, 2020, 10:00 am By Jeff Smith
Wildfires in the West have devastated a number of marijuana farms in Oregon, Washington state and…

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MJBizDaily (Marijuana Business Daily) is a leading news and analysis outlet covering the global cannabis industry. The site provides comprehensive reporting on business trends, investments, regulations, and market data for cannabis entrepreneurs and professionals. Known for its in-depth journalism and industry expertise, MJBizDaily helps readers navigate the evolving legal cannabis market and is recognized for hosting the annual MJBizCon, one of the world’s largest cannabis business conferences.

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