MJBizDaily cannabis investor webinar on tap Tuesday
Mon 7:08pm By John RebchookThe clock is ticking to register for Marijuana Business Daily’s Investor Intelligence webinar, “State of the Industry and 2020 Trends,” which is scheduled for 1 p.m. ET/10 a.m. PT on Tuesday. Investor Intelligence analysts Craig Behnke and Mike Regan…Colorado eases hiring process for cannabis firms eyeing casino workers
Mon 6:01pm By John RebchookIn a positive business development for Colorado’s marijuana industry, state regulators are allowing cannabis companies to hire casino workers during the coronavirus crisis without having to obtain any additional credentials. The Colorado Marijuana…Labeling issues lead to MedReleaf cannabis recall in Quebec
Mon 3:37pm By Solomon IsraelAurora Cannabis subsidiary MedReleaf Corp. is recalling two lots of cannabis sold in Quebec under the San Rafael ’71 brand for incorrect labeling. The two recalled 3.5-gram lots of Island Sweet Skunk cannabis were sold March 26-27 by Quebec’s…COVID-19 crisis effectively freezes European GMP cannabis inspections in Canada, elsewhere
Mon 2:47pm By Alfredo PascualEuropean Union Good Manufacturing Practice (EU-GMP) certification audits involving cannabis facilities in Canada and elsewhere are screeching to a halt given the travel restrictions in place in most of the world because of the coronavirus pandemic. The…Canada’s COVID-19 olive branch for cannabis sector comes with caveat
Mon 2:14pm By Solomon IsraelThe Business Development Bank of Canada (BDC) has made the country’s cannabis industry eligible for COVID-19 emergency funding, an about-face that might provide financial relief to some established Canadian marijuana businesses with access to financial…Illinois adult-use marijuana stores sell $110 million in first three months
Mon 1:05pm By John RebchookAdult-use cannabis stores in Illinois sold almost $110 million in products in the first quarter of 2020, state regulators say. In March, stores sold 812,203 marijuana products for a total of $35.9 million, according to the Illinois Department of Financial and…Cannabis vaping firms nearly recovered from vape health scare, but COVID-19 concerns loom
Mon 6:30am By Bart SchanemanMarijuana vaporizer companies are on the rebound since last summer’s vaping health crisis, reporting that sales numbers are largely back to normal despite concerns around the COVID-19 pandemic and its impact on consumer behavior as well as the supply chain.…So many cannabis trade groups, but which is right for your business’ needs?
Sun 10:00am By Kevin HuhnIn response to the cannabis sector's staggering growth, more and more stakeholders are joining trade associations that represent the industry.…Week in Review: Marijuana firms cut costs amid COVID-19, L.A. cannabis licensing audit, NYSE aims to…
Sat 11:00am By John RebchookThree multistate marijuana operators – 4Front Ventures, MedMen Enterprises and Acreage Holdings – announced cutbacks in bids to accelerate their paths toward profitability, even as some experts questioned the overall financial strength of the industry amid…MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis…
Fri 5:45pm By John RebchookCannabis companies are hosting virtual 4/20 events amid COVID-19 concerns, instead of the usual monthlong parties and celebrations. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: New York adult-use marijuana…Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall…
Fri 4:49pm By Bart SchanemanThe COVID-19 outbreak is causing serious jitters among large cannabis companies, with a growing list of multistate marijuana operators scaling back by laying off workers and shuttering operations in a bid to slash costs. The widespread cutbacks this week by…Ontario cannabis stores to close after removal from ‘essential’ list
Fri 3:26pm By Solomon IsraelPrivate-sector cannabis stores in Ontario, Canada’s largest market, have been ordered to close their doors by late Saturday in response to the COVID-19 pandemic, leaving the outlets with nowhere to turn as the government maintains a legal monopoly over…Cannabis REIT inks $49 million sale-leaseback deal with Ascend
Fri 1:59pm By John RebchookInnovative Industrial Properties, a real estate investment trust that specializes in the marijuana industry, bought a cannabis cultivation and processing facility in Massachusetts from Ascend Wellness Holdings (AWH) in a $49 million sale-leaseback deal. San…IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say
Fri 1:54pm By John SchroyerA new report from a branch of the U.S. Treasury Department confirms the Internal Revenue Service is preparing to launch an increase in marijuana industry audits nationwide, but it also offers a possible way for cannabis companies to dodge millions in federal…Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19
Fri 1:43pm By John RebchookNew York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming the latest multistate marijuana operator to slash costs in response to the coronavirus pandemic. As part of its efforts,…Map: Where Canadian cannabis businesses can stay open during COVID-19 pandemic
Fri 6:30am By Solomon IsraelThe vast majority of Canada's provincial governments are allowing recreational cannabis stores to stay open during the coronavirus outbreak, in effect designating these businesses as "essential."…Wholesale marijuana snapshot: A review of prices in adult-use markets
Fri 6:30am By Kate LavinOver the past several weeks, Marijuana Business Daily took a deep dive into average wholesale prices in state-legal recreational marijuana markets.…Bedrocan CEO: European medical cannabis supply chain stable despite COVID-19 crisis
Fri 3:01am By Pamela MooreSo far, the European market for medical cannabis has been spared the supply-chain disruptions inflicted by the coronavirus pandemic. That’s in stark contrast to the United States, where vape companies, packaging businesses and others have experienced…Canada classifies medical cannabis ‘essential’ amid COVID-19 pandemic
Thu 4:00pm By Matt LamersCanada’s federal government has deemed medical cannabis production “essential” to the country’s critical health-care infrastructure during the COVID-19 pandemic. The designation is intended to assist provinces, municipalities and businesses in their…Denver man sues cannabis firm for alleged spamming
Thu 2:36pm By John RebchookA Denver man filed a lawsuit alleging that the operator of marijuana stores in Colorado, Massachusetts and Nevada violated federal telemarketing law by sending him promotional text messages without his permission. In a proposed class action suit, Bryce Abbink…States that have allowed marijuana businesses to remain open during coronavirus pandemic…
Thu 1:58pm By John SchroyerMost state governments around the nation have deemed medical marijuana companies "essential" during the coronavirus pandemic, meaning the vast majority can keep doing business after residents were told to stay at home and many businesses were ordered to scale…Massachusetts medical marijuana workers sick with coronavirus
Thu 12:51pm By John RebchookIn what could be a warning to medical cannabis business owners throughout Massachusetts, state regulators are looking into complaints that a large MMJ company was not following social-distancing guidelines and other measures to lessen the spread of the…Canada’s COVID-19 wage subsidies could keep cannabis workers on payroll
Thu 11:18am By Solomon IsraelCanadian cannabis firms of all sizes could be eligible for a three-month emergency wage subsidy program during the COVID-19 pandemic, welcome news for businesses that may be struggling financially. The Canada Emergency Wage Subsidy program could help the…Deadline extended to apply for Germany’s cannabis distribution tender
Thu 8:59am By Alfredo PascualThe deadline to apply to be the distributor of domestically grown medical cannabis in Germany was extended from April 28 to May 26. The Federal Institute for Drugs and Medical Devices (BfArM) revealed the new deadline Tuesday. The document announcing the…Responding to coronavirus, marijuana firms shift to virtual 4/20 celebrations with online concerts,…
Thu 6:30am By Margaret JacksonCannabis companies that were planning to host elaborate monthlong celebrations around 4/20 have been forced to change plans and are turning to virtual parties that include specials and giveaways.…VIDEO: Coronavirus exacerbating cannabis credit crunch in California
Wed 3:03pm By Pamela MooreJohn Schroyer, Marijuana Business Daily’s senior reporter based in California, spotlights in the video clip below how the coronavirus crisis has worsened what was already a tight funding climate in the cannabis industry. For more insights on the shifts in…Health Canada revokes Alberta Green Biotech’s cannabis licenses
Wed 1:23pm By Matt LamersCanada’s federal cannabis regulator revoked the licenses held by Alberta Green Biotech in March after inspectors observed unspecified noncompliance at its production site, Health Canada told Marijuana Business Daily.…Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection
Wed 12:02pm By Solomon IsraelFinancially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said Wednesday it will undergo a “consensual restructuring” and seek creditor protection in a deal with cannabis industry lender Trichome Financial Corp. Under the deal,…Medical cannabis businesses eye potential new markets in southern US
Wed 6:30am By Jeff SmithMedical marijuana legalization efforts are advancing through several states in the southern U.S., and if successful, they promise tens of millions of dollars of opportunities for cannabis entrepreneurs searching for markets that potentially offer lower costs…Missed earnings, misdirection put Canadian cannabis executives in hot seat
Wed 6:30am By Matt LamersThe exodus of cannabis executives in Canada is in full swing after their companies raked up collective net losses exceeding CA$6 billion ($4.4 billion) in 2019, the first calendar year recreational products were allowed to be sold. Most of Canada’s top…
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MJ News Network
New Cannabis Ventures
NORML
RxLeaf
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The Daily Chronic
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The Leaf Online
The Marijuana Times
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