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Lessons from recessions past: Cannabis execs who have lived through previous downturns discuss how to keep businesses afloat
When the Great Recession hit in late 2007, the marijuana industry showed little resemblance to what it is today, with only a few cannabis businesses operating now that were open…
News July 1How to control labor costs, overtime in marijuana business
Labor is one of the biggest expenses in any cannabis business. Cannabis companies are hunting for ways to tighten their belts during the economic downturn, and executives are looking at…
News July 1Raising money for cannabis business in a recession
When Marijuana Business Magazine spoke with Artemis Holdings Group founder Sheri Orlowitz a year ago (see “Raising Capital” in the July 2019 issue), a range of investors was keenly interested…
News July 1MJBizDaily offers new way for marijuana firms to spread their word
Marijuana businesses now can announce new product releases, staff changes and other company news through a new, paid news release section on mjbizdaily.com. “Our reporters cover industry news, but businesses…
News July 1Arkansas adds two medical cannabis growers to fast-growing market
Arkansas medical cannabis regulators voted to issue two additional cultivation licenses in response to some supply concerns in the rapidly growing market.
News July 1Cresco closes $29M sale-leaseback deal on MA marijuana facility
Cresco Labs, a multistate cannabis operator headquartered in Chicago, has entered into its fifth sale-leaseback deal with San Diego-based Innovative Industrial Properties (IIP), this time for a vertically integrated marijuana…
News July 1Denmark approved only eight of 63 medical cannabis product applications
Eight of the 63 applications to admit products to Denmark’s medical cannabis trial scheme have won approval since the program’s inception in 2018, according to a recent disclosure by Health…
News July 1How to Scale Up an Extraction Facility
Every cannabis extraction company hopes it will need to expand as a result of successful business operations, but scaling up in a financially prudent way requires foresight and patience. Marijuana…
News July 1CEO of Neptune Wellness bets on personal care, home care
Michael Cammarata, the CEO of Neptune Wellness, discusses where he sees opportunities for hemp and marijuana.
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