Marijuana company Item 9 Labs cutting staff by 20%
Vertically integrated marijuana producer and retailer Item 9 Labs Corp. is cutting its staff by 20% as part of a push for profitability.
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Vertically integrated marijuana producer and retailer Item 9 Labs Corp. is cutting its staff by 20% as part of a push for profitability.
Canadian cannabis manufacturers and brands increasingly are, in effect, paying Ontario retailers for shelf space and other special treatment for their products, according to industry executives.
A Canadian researcher has found a “significant negative association” between sales of regulated medical cannabis and alcohol.
In the context of a shrinking medical marijuana market, some Canadian companies are focusing on selling medical cannabis to patients whose purchases are covered by employee health benefit plans, citing improved customer retention and consistency.
Canadian marijuana company Aurora Cannabis is continuing its debt-reduction quest, repurchasing roughly 103 million Canadian dollars ($76.1 million) worth of convertible notes.
The United Nations Conference on Trade and Development (UNCTAD) released a special report on industrial hemp, including a focus on how developing economies can “exploit its economic and social potential.”
The government of the Canadian province of Newfoundland and Labrador has reversed its late-2019 ban on sales of cannabis vape products while retaining a restriction on added non-cannabis flavors.