Cannabis advertising company Weedmaps lays off 10% of staff
California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a widespread slowdown in the U.S. marijuana market.
California Medical Marijuana News
California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a widespread slowdown in the U.S. marijuana market.
Within the past two years, growing public health concerns and the proliferation of personal wellness products have created more health-conscious and proactive consumers.
Recent market research indicates that 70% of consumers currently use food products for specific functional benefits to support their mental and physical well-being.
A California company specializing in hemp-derived delta-8 THC products has notched a fourth straight victory in copyright battles with competitors that it claimed were illegally using its protected brand.
Cannabis testing laboratories are partly to blame for the marijuana industry’s focus on delivering high-THC products to consumers, according to industry officials.
Regulators in Northern California fined a marijuana grower more than $300,000 for failing to clean up runoff into a river.
The long-awaited debut of sit-down cannabis consumption lounges throughout California appears to have arrived, and industry experts predict these venues will expand exponentially in the next few years.
StateHouse Holdings, formerly known as Harborside, agreed to a payment plan with the IRS to settle a $22 million federal tax bill.