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Average retail space in cannabis stores climbs sharply
The average size of retail space in cannabis stores jumped in 2020 amid increased consumer demand and the COVID-19 pandemic, rising 50% for medical dispensaries and 35% for recreational shops.…
News September 28Getting company culture right key to success in marijuana industry
Does your cannabis company have a documented mission statement? How about a strategic plan? How often do you discuss company culture at the executive and board level?
News September 28Aurora Cannabis’ annual loss shrinks to CA$695 million in 2021
Aurora Cannabis lost 695 million Canadian dollars ($550 million) in its fiscal year ended June 30, 2021, according to its year-end financial statements, an improvement over the CA$3.3 billion net…
News September 27Massachusetts regulator criticizes local ‘impact fees’ for cannabis firms
The practice of Massachusetts municipalities levying "impact fees" on cannabis companies that operate within their jurisdictions is drawing increasing criticism, including from a top state marijuana regulator.
News September 27Mississippi lawmakers request special session to legalize medical marijuana
Mississippi’s legislative leaders asked Gov. Tate Reeves to call a special session to consider a medical marijuana measure and tackle other legislative issues.
News September 27Michigan recalls cannabis processed with contaminated trimming machine
Michigan regulators issued a voluntary marijuana product recall for several batches of cannabis trimmed with a machine by Kalkaska cannabis company Glo.
News September 27Oregon hemp producers discovered growing marijuana illegally
More than 100 licensed hemp producers in southern Oregon have been found to be growing marijuana illegally, according to a top cannabis regulator.
News September 27Nevada cannabis cultivator Flower One raises $5 million in private placement
Nevada cannabis cultivator Flower One Holdings raised $5 million in the first tranche of a non-brokered private placement.
News September 27Challenges abound in New Jersey’s hot cannabis real estate market
Cannabis businesses entering New Jersey are facing a sizzling market for retail and industrial cannabis real estate ahead of the launch of recreational sales, forcing them to search aggressively for…
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