Multistate marijuana operator 4Front Ventures on Monday said it has slashed its corporate workforce by almost 40% and cut the number of employees at its recreational and medical cannabis stores by almost 45%.
John Rebchook
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Illinois extends adult-use cannabis licensing process
The application deadline for a number of Illinois’ recreational cannabis business permits has been extended by a month during the coronavirus crisis.
Massachusetts gov urged to reopen adult-use marijuana shops
Massachusetts Gov. Charlie Baker received requests from two different groups to reverse a decision and declare recreational cannabis businesses as “essential” and, thus, allow adult-use companies to remain open during the coronavirus crisis. ...
Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more
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...
Oklahoma allows curbside medical marijuana sales
Oklahoma medical cannabis dispensaries can provide curbside-pickup service, but they must ensure there is limited contact between employees and customers, state regulators said. Dispensaries are exempt from Republican Gov. Kevin...
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...
Cannabis firm Harvest Health seals $25 million Franklin Labs purchase
Multistate marijuana operator Harvest Health & Recreation announced on Friday it closed on its previously announced $25.5 million purchase of Pennsylvania medical cannabis company Franklin Labs. The closing comes a day after Harvest revealed that it would no...
Marijuana packaging firm KushCo lays off 49, blames COVID-19
KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, on Thursday said it laid off 49 employees this month as the California company's CEO noted that “the COVID-19 pandemic creates ever-increasing uncertainty in the cannabis...
List of cannabis events hit by coronavirus
From South by Southwest in Austin, Texas, to Spannabis in Spain, at least 15 conferences with ties to the cannabis industry have been postponed, canceled or rescheduled amid the coronavirus pandemic. Here is a list - which will be updated -...
Harvest Health, Verano end mammoth marijuana merger
What was one of the largest acquisitions ever announced in the marijuana industry - a deal valued at $850 million when Phoenix-based multistate marijuana operator Harvest Health & Recreation said a year ago it would buy Chicago’s Verano Holdings – has...
Colorado cannabis dispensaries can stay open under stay-at-home order
“Marijuana dispensaries” are among the “critical” businesses in Colorado that are permitted to stay open under a stay-at-home order issued Wednesday by the governor.
COVID-19 might delay Maine’s adult-use cannabis launch beyond June
The long-awaited launch of Maine’s recreational marijuana market could be delayed further because of the coronavirus, according to a memo from state regulators. Earlier this month, a state agency projected that the first adult-use marijuana shops would open in June,...
