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Why a cannabis business is betting on dogs to reach FDA approval
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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
MariMed secures $46 million in funding to expand marijuana footprint
Multistate marijuana operator MariMed said it has raised $46 million to support acquisitions and repay most of its long-term debt. Hadron Healthcare Fund is providing the capital, including an initial…
News March 3
Cannabis MSO Verano to expand in 3 states via deals exceeding $100 million
Cannabis multistate operator Verano Holdings announced agreements to acquire a total of nine operating retail outlets or licenses in Arizona, Illinois and Pennsylvania for nearly $100 million in cash and…
News March 3
MedMen co-founders Bierman, Modlin return to cannabis industry with different California company
They’re back! Less than a year after being ousted from leadership posts at California-based MedMen Enterprises, former CEO Adam Bierman and ex-President Andrew Modlin have found a route back into…
News March 3
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