Updated retail cannabis sales in California, Colorado, Nevada and Washington state

COVID-19 has disrupted day-to-day operations for many marijuana businesses. In the face of uncertainty, retail cannabis operators have been keeping a close eye on shifts in purchasing behavior.

This chart highlights daily sales trends for select markets during this period.

Cost-cutting cannabis giant Acreage to take $80 million-$100 million charge

Multistate marijuana operator Acreage Holdings on Monday said it is still reducing overhead costs – including the sale of a North Dakota medical cannabis operation and undeveloped real estate in Nantucket, Massachusetts – as it seeks to improve its financial situation. The New York-based company said in a news release that it expects to take […]

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Massachusetts recreational cannabis stores to reopen in a week

After a two-month shutdown in response to the COVID-19 outbreak, Massachusetts adult-use marijuana retail stores can once again serve customers starting May 25 – though sales will be limited to curbside pickup and online or telephone orders. The announcement is a major development for cannabis store owners, who: Had worried they might not be allowed […]

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Week in Review: US House passes relief bill with cannabis banking, MO permit probe extends, ME lifts residency mandate & more

The U.S. House of Representatives approved legislation allowing banks to serve cannabis companies by wrapping the measure into a $3 trillion coronavirus economic relief package. The massive economic stimulus bill, proposed by House Democrats, includes language from the SAFE Banking Act, which was previously approved by the House last September and is aimed at guaranteeing […]

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US House OKs cannabis banking in passing $3 trillion coronavirus bill

The U.S. House of Representatives late Friday passed a $3 trillion coronavirus stimulus bill that includes a provision that would allow banks to serve state-legal marijuana businesses without fear of punishment. The bill passed along partisan lines by a 208-199 margin and now heads to the Senate, where it faces fierce Republican resistance. The Health […]

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Oklahoma issues first medical cannabis product recall

Oklahoma health authorities on Friday issued the first medical marijuana product recall in the program’s short history. A spokesperson for the Oklahoma Medical Marijuana Authority (OMMA) told the Tulsa World that the product batch in question failed to meet state standards, having tested positive for myclobutanil. That pesticide can create toxic gases when heated. The batch […]

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What’s your opinion on marijuana firms being granted ‘essential’ status?

Marijuana Business Daily would like your opinion on how the COVID-19 crisis might affect future cannabis industry regulatory policies. Cannabis companies hope to use their newly granted status as “essential” businesses to secure a range of reforms, including access to traditional banking services and permanent approval of curbside pickup and home delivery. Marijuana industry executives also hope […]

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California cannabis regulators defer business license renewal fees

California’s three licensing authorities will all begin immediately deferring business license renewal fees for marijuana companies as part of the state’s coronavirus response, the agencies said in a joint news release. The California Bureau of Cannabis Control and the departments of Food and Agriculture and Public Health said licensed marijuana businesses whose permits expire between May […]

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COVID-19 delays mandatory pesticide testing for Washington state recreational cannabis

The coronavirus pandemic has scuttled government efforts in Washington state to require pesticide testing for recreational marijuana, dealing a setback to an idea that has been kicked around for several years by local industry officials and regulators. The pandemic has made it impossible for state lawmakers to conduct public hearings, so the issue has again […]

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Utah marijuana dispensaries prep for drive-thrus, delivery after state signoff

The coronavirus – combined with an increase in new patient demand – has convinced Utah regulators to allow the state’s medical marijuana pharmacies to offer drive-thru windows and home delivery for customers. So far, at least two of the state’s three operational dispensaries are prepping drive-thru windows, according to Salt Lake TV station KUTV. Drive-thru […]

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Work briefly halted at Ontario cannabis greenhouse over COVID-19 infection

Work was temporarily suspended at a cannabis greenhouse in Ontario owned by a one of  Tilray’s subsidiaries earlier this week after a worker tested positive for COVID-19. The individual, employed through a third-party agency, had been working in a cultivation facility in Leamington run by High Park Gardens, which was acquired by Tilray last year. […]

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Cannabis banking included in House Democrats’ $3 trillion coronavirus stimulus bill

A provision that would permit banks to serve state-legal marijuana businesses without fear of federal reprisal is part of a $3 trillion coronavirus stimulus bill announced Tuesday by U.S. House Democrats. The SAFE Banking Act, which the U.S. House overwhelmingly approved in September, is included in its entirety in the 1,815-page bill. A vote on the […]

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