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John Rebchook, Staff Writer

John is an award-winning journalist who spent most of his decades-long career as the real estate editor of the Rocky Mountain News in Denver. At different times John also wrote about banking, economic development, cable TV, workplace issues, technology and national and local political issues impacting business. He has also freelanced for Marijuana Business Magazine. John also published his own real estate blog for almost seven years and was a columnist at the Colorado Real Estate Journal. Before joining the Rocky, John worked at newspapers in Wisconsin, Illinois and Texas.

Cannabis giant 4Front cuts workforce, appoints new CEO

March 30, 2020 · Updated August 9, 2021

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%. The company did not release the number of employees who lost their jobs. The cuts, which took place over the past four […]

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Illinois extends adult-use cannabis licensing process

March 30, 2020

The application deadline for a number of Illinois’ recreational cannabis business permits has been extended by a month during the coronavirus crisis. According to the Chicago Sun-Times, Democratic Gov. J.B. Pritzker signed an executive order extending the license application deadline from March 30 to April 30 for: 40 cannabis infusers that manufacture edibles and other products. 40 […]

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Massachusetts gov urged to reopen adult-use marijuana shops

March 30, 2020 · Updated March 12, 2021

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. The Republican governor heard from: A diverse group, including regulators and doctors, that argued permitting adult-use cannabis sales would be in line with stay-at-home […]

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Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more

March 28, 2020 · Updated April 10, 2020

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 sheltering in place, or it could be […]

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Oklahoma allows curbside medical marijuana sales

March 27, 2020 · Updated May 15, 2020

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 Stitt’s Safer-at-Home order for the elderly and “vulnerable populations” issued in response to the COVID-19 pandemic. Oklahoma is one of the many states where dispensaries have been […]

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MJBizDaily podcast: Recreational marijuana sales fall after rising on COVID-19 fears and more

March 27, 2020 · Updated April 1, 2020

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 […]

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Cannabis firm Harvest Health seals $25 million Franklin Labs purchase

March 27, 2020

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 longer buy Chicago-based Verano Holdings, which was for a time was one of the biggest merger and acquisitions announced […]

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Marijuana packaging firm KushCo lays off 49, blames COVID-19

March 26, 2020 · Updated March 31, 2021

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 industry.” The layoffs will save the company about $4 million, according to a company news release. Since last […]

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List of cannabis events hit by coronavirus

March 26, 2020

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 – and links to some of the events impacted so far by the coronavirus: American […]

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Harvest Health, Verano end mammoth marijuana merger

March 26, 2020

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 been mutually terminated, the two companies said Thursday. The coronavirus and other financial and regulatory […]

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COVID-19 might delay Maine’s adult-use cannabis launch beyond June

March 25, 2020 · Updated March 30, 2020

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, three months later than the initial forecast. But now that timetable may be overly optimistic. “Several communities […]

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