MJBizDaily · Page 364

Hexo completes sale of cannabis greenhouse acquired from Newstrike
Jun 18, 2020, 12:42 pm By Solomon Israel
Hexo Corp. has completed the sale of the Niagara, Ontario cultivation facility it acquired as part…

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Delta 9, Manitoba Hotel Association partner up with eye on hotel distribution
Jun 18, 2020, 9:38 am By Solomon Israel
Manitoba cannabis producer and retailer Delta 9 Cannabis Inc. has inked a deal to be the “exclusive…

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Recent looting targeting marijuana shops disrupts supply chain, producing fallout in some wholesale markets
Jun 18, 2020, 6:30 am By Bart Schaneman
Robberies and looting that targeted cannabis retailers during the recent nationwide protests over…

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Cannabis firm Acreage gets $15M loan at 60% interest rate
Jun 17, 2020, 3:19 pm By John Schroyer
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a…

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Arkansas awards sixth medical marijuana grow permit as sales rise
Jun 17, 2020, 1:57 pm By Jeff Smith
Arkansas regulators approved a sixth cultivation license to support a rapidly growing medical…

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Michigan recreational cannabis sales top medical for first time
Jun 17, 2020, 1:15 pm By Bart Schaneman
Adult-use marijuana sales in Michigan surpassed medical cannabis sales on a weekly basis for the…

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Pyxus, first Big Tobacco firm to enter marijuana, seeks bankruptcy protection
Jun 17, 2020, 12:25 pm By Kristen Nichols
(A version of this story first appeared on Hemp Industry Daily.) Pyxus International, the first Big…

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Switzerland releases details on recreational marijuana experiment, but full legalization likely years away
Jun 17, 2020, 6:30 am By Alfredo Pascual
The lower house of Switzerland’s Federal Assembly approved a bill paving the way for a pilot…

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L.A. enforcement targeting illicit cannabis operators suffers setbacks from COVID-19 fallout, budget cuts
Jun 17, 2020, 6:30 am By Roger Fillion
The coronavirus pandemic has disrupted cannabis enforcement initiatives in Los Angeles and caused…

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Colorado lawmakers pass cannabis social equity measure
Jun 16, 2020, 5:34 pm By Bart Schaneman
A Colorado bill that would set aside cannabis social equity licenses for prospective entrepreneurs…

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Aurora Cannabis president stepping down this month
Jun 16, 2020, 2:55 pm By Matt Lamers
The president of Aurora Cannabis, Steve Dobler, is retiring from the company he helped create seven…

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Recovery from losses, damage during protests will take weeks for many cannabis businesses
Jun 16, 2020, 2:01 pm By John Schroyer
The protests, lootings and robberies connected to the death of George Floyd in Minneapolis might…

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United Nations body to meet again this month to discuss WHO cannabis recommendations
Jun 16, 2020, 1:39 pm By Alfredo Pascual
A meeting is scheduled for next week to discuss certain World Health Organization recommendations…

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Chart: Adult-use marijuana sales show resiliency in May, despite pandemic
Jun 16, 2020, 6:30 am By Eli McVey
More than 2½ months into the coronavirus pandemic, cannabis sales in five of the nations’ largest…

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Missouri medical marijuana growing starts; sales expected in 4th quarter
Jun 15, 2020, 2:41 pm By Jeff Smith
Missouri regulators approved the first medical cannabis company to start growing MMJ in the state,…

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Florida medical cannabis operator starts trading on Canadian exchange
Jun 15, 2020, 12:42 pm By Jeff Smith
Bluma Wellness, which operates as One Plant in Florida’s fast-growing medical marijuana market,…

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Cannabis firm Hexo to be dropped from benchmark Canadian stock index
Jun 15, 2020, 12:25 pm By Solomon Israel
Hexo Corp. is losing its spot on the S&P/TSX Composite Index, a benchmark group of stocks…

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Marijuana MSO execs pinpoint state markets they’re least bullish on – and those they’re eyeing for the future
Jun 15, 2020, 6:30 am By John Schroyer
This is the second installment of a two-part series in which top executives from multistate…

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Canadian exports of medical cannabis oil jumped fivefold in 2019
Jun 15, 2020, 6:30 am By Matt Lamers
Canadian-produced medical cannabis oil reached more international shores than ever last year as…

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Exploring a California marijuana company’s unique business model
Jun 14, 2020, 11:00 am By John Schroyer
Frustrated by all the hoops you and your partners have been jumping through in hopes of getting the…

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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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