MJBizDaily · Page 365

Aphria emerges as industry leader, reports fourth profitable quarter in a row
Apr 15, 2020, 10:58 am By Matt Lamers
Ontario-based cannabis producer Aphria reported its fourth consecutive quarter of positive adjusted…

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Cannabis extractor Valens turns profit, but warns of potential COVID-19 fallout
Apr 15, 2020, 9:50 am By Matt Lamers
Canadian cannabis extractor Valens Company reported its fourth-straight quarterly profit, a rarity…

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Cannabis businesses need ‘win-win’ thinking to battle recession
Apr 15, 2020, 6:30 am By Pamela Moore
This global pandemic is forcing every industry - and person - to face its own set of challenges and…

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Michigan adult-use cannabis stores dealt supply setback
Apr 14, 2020, 5:39 pm By John Rebchook
Recreational marijuana stores in Michigan could face a shortage of product after state regulators…

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Burglaries double at Denver marijuana stores
Apr 14, 2020, 4:01 pm By John Rebchook
There have been almost twice as many burglaries at Denver cannabis businesses – primarily…

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Weigh in on best perks to offer cannabis workers during COVID-19 outbreak
Apr 14, 2020, 3:52 pm By John Rebchook
Marijuana businesses increasingly are rewarding employees who are working during the coronavirus…

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Danish health agency inspections on hold, including those for cannabis producers
Apr 14, 2020, 3:11 pm By Matt Lamers
Danish Medicines Agency inspections have been put on hold because of the COVID-19 pandemic. That…

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Denver OKs marijuana research license
Apr 14, 2020, 2:02 pm By Nick Thomas
The Denver City Council approved a new license to research cannabis as part of the city’s moves…

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Chart: Forced store closures hit Massachusetts marijuana retailers to the tune of $2 million per day
Apr 14, 2020, 2:00 pm By Maggie Cowee
Lost recreational marijuana sales in Massachusetts stemming from forced store closures already could…

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Organigram posts revenue decline, net loss in second quarter
Apr 14, 2020, 12:24 pm By Solomon Israel
Organigram Holdings Corp. saw net revenue decline on a quarterly basis in the second quarter of its…

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Raises, professional development courses boost cannabis workers’ morale during COVID-19 pandemic
Apr 14, 2020, 6:30 am By Margaret Jackson
In states where cannabis businesses have been deemed essential, employees at many companies are…

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SEC lawuit alleges cannabis investor manipulated MassRoots stock
Apr 13, 2020, 5:43 pm By John Schroyer
The U.S. Securities and Exchange Commission filed a lawsuit against longtime marijuana investor…

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James E. Wagner Cultivation cannabis assets up for grabs
Apr 13, 2020, 5:30 pm By Solomon Israel
The assets of Kitchener, Ontario-based cannabis cultivator James E. Wagner Cultivation Corp. (JWC)…

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Massachusetts marijuana commission member stepping down
Apr 13, 2020, 4:30 pm By John Rebchook
Kay Doyle is leaving her spot on the commission that regulates medical and recreational cannabis in…

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Cannabis producer Hexo raises CA$46 million in public offering
Apr 13, 2020, 3:43 pm By Solomon Israel
Ontario-based cannabis grower Hexo announced Monday the closing of an underwritten public offering…

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Marijuana retailer Fire & Flower looks to raise CA$25 million
Apr 13, 2020, 1:42 pm By Solomon Israel
Canadian cannabis retailer Fire & Flower Holdings aims to raise up to 25 million Canadian dollars…

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COVID-19 could be wake-up call for Mexican legislators to legalize marijuana, local experts say
Apr 13, 2020, 1:09 pm By Alfredo Pascual
Mexico is widely expected to miss the April 30 deadline to legalize cannabis, but local industry…

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Aurora plans share consolidation to maintain NYSE listing
Apr 13, 2020, 11:56 am By Solomon Israel
Canada’s Aurora Cannabis is undertaking a reverse share split by merging its common shares on a…

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Nevada’s Planet 13 cannabis firm ends $10 million deal to enter California
Apr 13, 2020, 11:26 am By John Rebchook
Nevada-based marijuana company Planet 13 on Monday said it is terminating its $10 million…

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How the coronavirus crisis is reshaping the cannabis industry for the long term
Apr 13, 2020, 6:30 am By Bart Schaneman
Cannabis companies are entering a new normal as the coronavirus pandemic puts stress on every sector…

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