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Cannabis retailer Fire & Flower reports CA$21.6 million loss for quarter

Canadian cannabis retailer Fire & Flower reported a loss of 21.6 million Canadian dollars ($16 million) on plunging sales for the quarter ended July 30, 2022.

News September 16
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Heat wave strains California marijuana operators amid power outages, disruptions

A nearly two-week heat wave punctuated the end of another challenging summer for California marijuana businesses. Some operators told MJBizDaily they experienced power outages and other daily disruptions stemming from…

News September 16
Exterior image of a High Tide Canna Cabana store in Canada

Cannabis retailer High Tide’s quarterly sales nearly double to CA$95.4M

Cannabis retailer High Tide reported third-quarter revenue of 95.4 million Canadian dollars ($71.8 million), nearly double the company's take for the same period last year.

News September 15
Image of Wyld CBD product packaging and Martha Stewart CBD packaging.

Wyld CBD parent accuses Martha Stewart CBD of copyright infringement

Oregon-based Northwest Natural Goods alleges in a lawsuit that Canopy Growth's Martha Stewart CBD product line intentionally copied Northwest's Wyld CBD brand packaging and marketing designs.

News September 15
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Arkansas saga continues as marijuana legalization ballot measure ruled invalid

A November ballot initiative in Arkansas to legalize adult-use marijuana hit a roadblock when the secretary of state ruled the measure invalid.

News September 15
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Vermont issues first licenses for recreational cannabis retailers

Vermont issued its first retail adult-use cannabis business licenses, with at least one store aiming to open Oct. 1.

News September 15
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MO high court decision will keep adult-use marijuana legalization on ballot

A voter initiative in Missouri to legalize adult-use marijuana has survived its latest legal challenge and will appear on the state's Nov. 8 ballot.

News September 15
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Cannabis wholesale chaos didn’t ‘meaningfully impact’ Canada’s market – or did it?

Crippling service disruptions at two of Canada’s biggest government-run cannabis wholesalers in August do not appear to have meaningfully impacted the broader market, interim data for the month suggests.

News September 15
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Small US marijuana firms could sell direct to consumers under new bill

A bill filed in the U.S. House of Representatives on Wednesday would allow small marijuana cultivators and producers to sell directly to customers, which could give them a boost when…

News September 14
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