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Cannabis awards are going mainstream. But does a win mean a sales boost?
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Crain buys cannabis financial news brand Green Market Report
Detroit-headquartered media company Crain Communications acquired Green Market Report, a female-founded digital outlet that covers financial news in the cannabis industry.
News September 23
New York’s marijuana regulatory board finally in place
New York's governor appointed the final two members of the board that will oversee the state's nascent recreational marijuana program, meaning there might soon be some movement in getting the…
News September 23
Aurora Cannabis cutting 8% of workforce, closing facility in Edmonton
Aurora Cannabis is closing its manufacturing facility at Edmonton International Airport, a move that is expected to impact approximately 8% of its global workforce, the company confirmed in an email…
News September 23
Cresco to acquire Cure Pennsylvania’s 3 cannabis dispensaries for $90 million
Chicago-based marijuana multistate operator Cresco Labs announced a $90 million cash-and-stock deal to acquire Bay, also known as Cure Pennsylvania, and its three medical cannabis dispensaries. Cresco did not specify…
News September 23
Canadian retail marijuana sales hit record CA$338.9 million in July
Canadian sales of legal adult-use marijuana continued a monthslong growth trend in July, increasing 6.2% over June to a record 338.9 million Canadian dollars ($267.8 million). June’s sales total was…
News September 23
How marijuana companies woo budtenders to increase sales, promote brands
Cold hard cash. Swag, like shirts and tote bags. Free non-infused gummies. Private parties and appreciation breakfasts. While some marijuana companies take a more conservative approach, others are pulling out…
News September 23
How to minimize the risk of crowdfunding for cannabis
Crowdfunding has become ubiquitous, used for everything from launching a new business idea or paying medical bills.
News September 22
OK agricultural groups call for pause in medical marijuana grow licensing
A handful of Oklahoma agriculture associations and one law enforcement group sent a letter to the state’s medical marijuana regulators asking for a moratorium on new MMJ cultivation licenses. “On…
News September 22
US House endorses cannabis banking reform as part of defense bill
The U.S. House of Representatives on Tuesday night adopted by a voice vote a cannabis banking amendment as part of this year’s defense budget bill. The National Defense Authorization Act for…
News September 22
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