John 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 marijuana regulation and markets in California – including a discussion about how the novel coronavirus is impacting […]
Read MoreMJBizDaily Newsletter
Get our daily email
We value your Privacy.
More Exclusive Features
Recreational cannabis sales in three key markets still falling after initial coronavirus-related spike
Despite a couple of temporary sales spikes in recent weeks, adult-use cannabis sales in California, Colorado and Washington state are all suffering from the economic fallout surrounding the coronavirus pandemic. According to point-of-sale data provided by Seattle-based Headset, adult-use cannabis sales were less than those for the same day in 2019 for six consecutive days […]
Read More
Chart: Michigan’s early recreational marijuana sales a fraction of their future potential
Michigan sold more than $31 million in adult-use cannabis during its first three months of sales, though the state is still working out the kinks in this developing market. Despite near-term disruption from the coronavirus, early sales are just a fraction of their potential in a market that could reach $1.5 billion in sales annually. […]
Read More
Some cannabis businesses add employees, others mull layoffs in response to coronavirus crisis
Marijuana businesses navigating staffing issues during the COVID-19 outbreak are taking different tacks as they strive to keep employees and customers healthy and safe – while keeping close tabs on their companies’ bottom lines. Some businesses are seeing a spike in sales, but others are concerned about the economic and financial fallout from the coronavirus […]
Read More
Create a winning plan to market and brand your cannabis business
Branding is a key component to any winning business strategy.
Of course, it also might be one of the most difficult strategies to get right – and if implemented the wrong way, branding can prove to be a costly mistake that could be the death of the product.
Read More
Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more
COVID-19 causes cannabis sales to ebb, flow Only a few days after adult-use marijuana sales soared amid the coronavirus scare, they took a nosedive. MJBizDaily takeaway: The roller-coaster ride in marijuana sales was to be expected. Initially, consumers, panicked by the pandemic, stockpiled products. The sudden drop might mark a natural decline after consumers stocked up before […]
Read More
MJBizDaily podcast: Recreational marijuana sales fall after rising on COVID-19 fears and more
Adult-use cannabis sales plunged this week after briefly hitting new heights attributed to coronavirus concerns. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: More states say medical cannabis shops can stay open amid the COVID-19 outbreak. States have allowed marijuana businesses to remain open despite coronavirus stay-at-home orders. Kentucky hemp farm […]
Read More
VIDEO: Effects of COVID-19 crisis on marijuana retailers as many shift to curbside service, delivery
States and cities continue to release new ground rules establishing if and how cannabis retailers can keep doing business after statewide stay-at-home orders are put in place to try to slow the coronavirus crisis. Many marijuana store owners are shifting to manage new curbside-pickup and expanded delivery services, even as they try to keep the health and […]
Read More
Setting salaries and recruiting the best North American cannabis jobs in 2020.