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Cannabis awards are going mainstream. But does a win mean a sales boost?
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High Tide’s Canadian cannabis stores transition to ‘discount club’ model
Cannabis retailer High Tide is transitioning its 100-plus stores across Canada to a “discount club” model, eyeing price-sensitive consumers yet to transition to the regulated market. “A driving focus of…
News October 22
Cannabis sales in Canada set 6th straight monthly record in August
Spending on recreational cannabis products grew to 357 million Canadian dollars ($290 million) in August, according to newly released data by Statistics Canada, the sixth consecutive month of record sales.
News October 22
MJBizCon keynote speaker: Q&A with Daymond John of ‘Shark Tank’
Daymond John is among the most high-profile entrepreneurs and investors in the nation, serving as a co-star on ABC-TV's "Shark Tank" and the founder/CEO of apparel giant Fubu. John also…
News October 22
Looking to sell your marijuana company? Focus on profits first
Marijuana companies looking to sell their businesses should focus on profits first.
News October 21
US Postal Service enacts cannabis vape product restrictions
The U.S. Postal Service on Thursday issued a final rule that bans sending marijuana and hemp vape products in the mail, subject to certain exceptions.
News October 21
BIPOC marijuana entrepreneurs share tips on getting into the industry
Ancillary cannabis businesses offer disadvantaged entrepreneurs a way into the industry without having to compete for a marijuana license or start with enormous liquid assets, according to industry leaders.
News October 21
Cannabis firm Jushi secures $100 million funding with 9.5% interest rate
Multistate cannabis operator Jushi Holdings Inc. secured a $100 million credit facility with a 9.5% annual interest rate to bankroll expansion in the company’s core and targeted U.S. markets.
News October 21
Marijuana MSO Verano ups credit agreement with $120M loan at 8.5%
Chicago-based marijuana multistate operator Verano Holdings Corp. said Wednesday it amended an existing credit agreement to secure an additional $120 million in funding at a lower annual interest rate of…
News October 21
Growth tops 2022 cannabis business priorities for MJBizCon attendees
Many cannabis entrepreneurs have a simple goal for 2022: growth. That was the most common answer from MJBizCon attendees in Las Vegas when asked about their 2022 priorities.
News October 21
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