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Hemp operators are already unwinding ahead of federal ban
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Cannabis firms should use data, backups to strengthen supply chain
Cannabis companies that rely on the international supply chain need to keep a watchful eye on their suppliers and avoid spreading their businesses too thin, industry experts said Wednesday on…
News July 1
How to steer your cannabis business through a recession
Welcome to the modern-day marijuana industry’s first recession. Will the legal industry prove resilient, as alcohol has? Perhaps. But this downturn is unlike any other. The National Bureau of Economic…
News July 1
16 ways to cut cannabis costs, increase profit during a recession
Recessions are a time for cost control, but they can also herald opportunity—especially if your industry proves as resilient as cannabis appears to be in the current downturn.
News July 1
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 1
How 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 1
Raising 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 1
MJBizDaily 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 1
Arkansas 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 1
Cresco 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 1
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