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Schwazze completes acquisition of 13 Colorado cannabis stores
Schwazze, a Denver-based vertically integrated cannabis operator, said it has acquired the five remaining Star Buds retail outlets in Colorado for $72.3 million, including $27.5 million in cash. With the…
News March 4
CBD producer Charlotte’s Web plans marijuana entry with $8M acquisition
Charlotte's Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million.
News March 4
Las Vegas cannabis retailers get OK to offer drive-thru service
Las Vegas offers drive-thrus for alcohol, gambling, weddings and peep shows, and now the tourist mecca is allowing cannabis stores to offer the service. The Las Vegas City Council voted…
News March 4
High-end cannabis producer GTEC reports positive net income
Kelowna, British Columbia-based GTEC Holdings reported net income from operations of 282,000 Canadian dollars ($223,600), reversing a net loss of CA$8.3 million in the previous year, according to full-year and…
News March 4
Customer loyalty programs offer clear benefits for cannabis stores
Loyalty programs, long a staple of consumer marketing strategies, have found a place among regulated cannabis retailers in the United States and Canada. By offering perks such as discounts, points,…
News March 4
Canada extends wage subsidy popular with cannabis producers
Canada’s government is extending a pandemic-related wage-subsidy program that has been tapped by more than a dozen federally regulated cannabis producers. The Canada Emergency Wage Subsidy (CEWS) program, which subsidizes…
News March 3
Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator, Umbrla, which does business as Unrivaled and includes multiple MJ brands in…
News March 3
Nearly 20 Vermont towns vote to allow recreational cannabis sales
Voters in Vermont’s biggest city, Burlington, as well as the state capital, Montpelier, and at least 16 other towns approved recreational cannabis sales in their communities.
News March 3
Marijuana marketing tips in the age of federal prohibition and COVID-19
Federal prohibition continues to shudder on-ramps for marijuana companies to use traditional means to reach consumers and strengthen brand identity.
News March 3
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