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Ontario government cannabis prices beating illicit market, report says
Ontario’s government-operated Ontario Cannabis Store (OCS) claims it is undercutting illicit marijuana prices with an average price of 7.05 Canadian dollars ($5.30) per gram of dried flower, taxes included, during…
News September 30Lawsuit: Kushy Punch’s illicit marijuana market reach more than first known
Vertical Bliss' reach into the illegal cannabis market when the company, operating as Kushy Punch, was busted in 2019 was more than three times what was estimated when it first…
News September 30Canadian court rejects cannabis firm iAnthus’ restructuring plan for now
Troubled multistate marijuana operator iAnthus Capital Holdings said a deadline to reach a restructuring and recapitalization deal has been extended after a Canadian court declined to approve a plan of…
News September 30Retail marijuana applicants in Maine city might be disqualified
Twelve out of 43 of applicants for a municipal permit to sell marijuana in Portland, Maine, are facing disqualification. Maine’s largest city issued pre-denial letters to those applicants after a…
News September 30How marijuana stores attract and keep senior shoppers – even during COVID-19
Cannabis retailers are taking extra steps to attract and retain senior customers at a time when marijuana use is increasing among older Americans.
News September 30L.A. suburb engaging in kickback scheme for cannabis permits, suit says
A lobbyist allegedly working with city officials in the Los Angeles suburb of Commerce has been soliciting kickbacks in exchange for help with obtaining marijuana business licenses, according to a…
News September 29Federal agency sues Maryland medical marijuana firm over sexual harassment
A Maryland medical marijuana operator has been charged with violating federal law by subjecting several dispensary employees to sexual harassment, a potentially costly problem for mainstream businesses that could impact…
News September 29New CBD product available under prescription in Peru
A new medical cannabis product is available in Peru, another sign the market is moving in the right direction in terms of business opportunities.
News September 29Democrats’ COVID-19 relief bill contains cannabis banking
Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key provision that will delight cannabis businesses: the Secure and Fair Enforcement Banking…
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