Canadian producers destroyed over 500 tons of cannabis since 2018
Canadian producers have destroyed millions of packaged cannabis products and hundreds of tons of unpackaged marijuana since adult use was legalized in late 2018, according to data acquired by MJBizDaily.
Medical marijuana patient numbers stall in New Hampshire, Rhode Island
Medical marijuana patient numbers in New Hampshire and Rhode Island have stalled recently as the recreational holdouts become surrounded by new adult-use markets.
Colorado cannabis companies capitalize on All-Star Game with events, sales and a Willy Wonka-style giveaway
When Major League Baseball announced in April that it was moving its 91st All-Star Game from Atlanta to Denver in protest of Georgia’s new controversial voting law, Colorado’s cannabis industry saw an opportunity.
10 US marijuana CEOs get million-dollar pay in 2020 as disclosure practices questioned
The top executives at the largest U.S. marijuana multistate operators received roughly $500,000 to $1 million in salary and bonuses in fiscal 2020, with stock and option awards boosting total compensation packages to as much as $4.5 million, according to regulatory filings.
Is more consolidation in the cannabis industry on the way?
Last week, Ontario, Canada-based Canopy Growth (TSX: WEED) closed its acquisition of Supreme Cannabis (TSX: FIRE), which is based in Toronto.