Cannabis businesses not immune from vaccine-mandate controversy
Vaccine mandates aren’t popular among cannabis employers, most of whom are too small to face government directives.
How marijuana retailers are prepping – or not – for the omicron coronavirus variant
Now that the omicron variant of COVID-19 has found its way into the United States, marijuana businesses – particularly retailers – are contemplating how the shifting pandemic situation might affect their daily operations.
Portland, Oregon, cannabis companies can tap into $1.3 million aid fund
In a rare move for the marijuana industry, the city of Portland, Oregon, is financially assisting cannabis businesses negatively affected by the COVID-19 pandemic and other problems.
Marijuana fintech company raises $125 million to fund growth
Los Angeles-based financial technology firm Bespoke Financial said it closed on a $125 million credit facility with institutional investors to increase its lending capacity.
Canadian marijuana industry employment tumbled as producers drew federal COVID-19 cash, analysis shows
Thousands of Canadian marijuana industry workers have lost or left their jobs since early 2020, even as their employers received more than $140 million Canadian dollars ($112 million) in federal subsidies to retain or rehire employees amid the pandemic, an MJBizDaily analysis has found.
Adult-use cannabis sales slip from 2020 pace after lackluster summer
Adult-use cannabis sales in Western states haven’t been able to keep the pace that led to exceptional growth in 2020, with lackluster summer sales showing a decline in growth from the previous year.
Marijuana growers face costly labor challenges, seek solutions
A coronavirus-induced labor shortage among marijuana cultivators is causing production delays, straining workers and costing some companies thousands of dollars in lost profits.
