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Cannabis MSO Vireo Health closes $23.5M loan, reports 2020 earnings

Multistate cannabis company Vireo Health International closed the first tranche of a senior secured loan worth $23.5 million.

News March 26
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California marijuana testing lab regains revoked license via court settlement

A marijuana testing lab in the San Francisco Bay Area is getting back its business license through a settlement agreement with state regulators. Hayward-based Harrens Lab, whose provisional business license…

News March 26
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Quebec government raises expected cannabis dividend to CA$88 million

The monopoly cannabis retailer in Quebec expects to contribute 88 million Canadian dollars ($70 million) to provincial coffers in the upcoming 2021-22 fiscal year, according to the newly released provincial…

News March 26
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Coronavirus pandemic deals setback to marijuana consumption lounges, but some owners stick with plans

Many marijuana businesses were just starting to open lounges and tasting rooms where their customers could enjoy the products they purchased when the coronavirus pandemic struck a year ago, forcing…

News March 26
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Activist groups criticize new tobacco, alcohol-funded cannabis coalition

A second pro-cannabis legalization activist organization has taken a swipe at a new group that aims to shape federal marijuana legalization and is comprised largely of corporate tobacco and alcohol…

News March 26
A mock-up showing the interior of a Cannabis Xpress store.

Why Ontario marijuana retail operator Cannabis Xpress is betting on tiny stores

As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator is wagering that small, convenience-style locations are the…

News March 26
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How to cut costs and make your cannabis extraction operation more efficient

For cannabis extraction companies, becoming more efficient and more productive goes hand in hand with expansion and scaling up.

News March 26
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North Dakota lawmakers sink recreational marijuana legalization bill

North Dakota’s Senate overwhelmingly defeated a bill to legalize recreational marijuana, ending reform efforts in that state for the year.

News March 25
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Provincial windfall from Ontario Cannabis Store seen rising to CA$170M

Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) to provincial coffers for the 2021-2022 fiscal year,…

News March 25
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