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Bart Schaneman

Bart has worked as a reporter and editor since 2003 for newspapers in California, Nebraska and South Korea. He has won several awards for his writing and photography, including a Nebraska Press Association award for in-depth coverage of an environmental fight over fracking wastewater.His work has appeared in The Week, the Washington Post, Salon and the Omaha World-Herald, among other publications.

Cannabis tech firm MassRoots receives $50,000 federal stimulus check

Financially struggling marijuana technology company MassRoots received a $50,000 loan as part of the U.S. government’s Paycheck Protection Program, securing a cash infusion after earlier indications the money wouldn’t be available to cannabis companies. Denver-based MassRoots, which offers an internet-based forum for cannabis consumers to connect and discuss various marijuana-related topics, secured the loan from Bank […]

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Oklahoma sees robust April medical marijuana sales despite coronavirus

Oklahoma medical marijuana dispensaries rang up record sales in April, despite the coronavirus pandemic’s chilling effect on the national and global economies. According to The Oklahoman, an analysis of state tax collections revealed that medical marijuana patients each spent almost $217 for MMJ last month, for a total of around $61.4 million. The Oklahoma Tax […]

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Marketing lessons cannabis companies learned during 4/20

The coronavirus pandemic forced marijuana companies to be creative in getting the word out during this year’s 4/20 sales event. With limited to no in-store sales capabilities, businesses leaned on web-based solutions, including social media, videoconferencing and email marketing to reach consumers about the unofficial April 20 cannabis holiday. Marijuana Business Daily surveyed several cannabis […]

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How 4/20 played out for marijuana businesses around the US

Cannabis companies across the United States reported a mixed bag for sales this year leading up to the industry’s most celebrated day: 4/20. While the surge of consumer stockpiling based on concerns about the coronavirus pandemic boosted some companies’ bottom lines, others were hurt by restrictive stay-at-home orders that prevented in-person sales. Marijuana Business Daily […]

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Michigan wholesale medical marijuana prices fall on flood of caregiver product

Wholesale prices for medical cannabis plummeted in Michigan after a change in regulations that prevents caregivers from selling into the recreational market caused them to offload large amounts of flower. Several cannabis industry experts say that, before the change in the law, wholesale pounds of medical marijuana flower were selling for around $4,000 a pound. […]

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Maine cannabis testing labs receive temporary licenses

Two marijuana testing labs in Portland, Maine, were granted temporary permits to begin operations, clearing a major hurdle in the state’s rollout of a recreational cannabis market. Nova Analytic Labs and ProVerde Laboratories were approved by the Portland City Council to receive six-month licenses to test cannabis, according to the Portland Press Herald. Maine’s adult-use […]

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Marijuana tech firm Omura raises $5 million, adds Linton as adviser

California-based Omura, a marijuana and hemp flower vaporizer company, raised $5 million, with a portion of the funding coming from Bruce Linton, former CEO and founder of Canada’s Canopy Growth Corp. The raise, while not major by cannabis industry standards, is significant during the global coronavirus pandemic when investments are more difficult to secure. Linton, […]

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Ohio allowing phone orders, curbside pickup at medical cannabis stores

Ohio regulators are temporarily changing the state’s medical marijuana rules to give MMJ patients easier access to products during the coronavirus pandemic – a move that could increase sales at dispensaries. According to Cleveland TV station WEWS, the temporary rules include: Dispensaries may take phone orders. Curbside pickup. Patients are permitted to purchase MMJ in two 45-day […]

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Oregon cannabis retailer Oregrown in court fight over leadership

Oregrown, a vertically integrated cannabis operator based in Bend, Oregon, filed a lawsuit to remove the firm’s CEO and chief brand officer for “allegedly jeopardizing the interest of the company.” The lawsuit, filed in a local circuit court, notes that Oregrown already removed CEO Aviv Hadar and his wife, Christina Hadar, chief brand officer, as shareholders and […]

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How lack of tourism during COVID-19 is affecting cannabis retailers in certain markets

Marijuana retail businesses in markets that depend on travelers and tourism for at least a portion of their sales are being forced to pivot in response to the coronavirus pandemic in part by appealing more to local customers. Stay-at-home orders in U.S. states have pushed marijuana company executives to rethink business strategies that appeal to tourists, […]

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How the coronavirus crisis is reshaping the cannabis industry for the long term

Cannabis companies are entering a new normal as the coronavirus pandemic puts stress on every sector of business, fundamentally altering the industry in possibly permanent ways. The COVID-19 outbreak has exacerbated fault lines in the rapidly evolving market and led to number of new outcomes, including: Retailers adapting to changing consumer behavior by offering delivery, curbside […]

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