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Here’s an in-depth look at how marijuana businesses reacted to COVID-19
When the COVID-19 outbreak ravaged the global economy, the cannabis sector was still licking its wounds from 2019's vaping crisis.
News May 31
Week in Review: UN to vote on WHO cannabis plan, MA adult-use sales resume, California localities welcome marijuana & more
A document prepared by the chair of the United Nations Commission on Narcotic Drugs (CND) lays out a course to keep on track for December’s key vote on the World…
News May 30
COVID-19 impact on marijuana retail sales varies by state
While state cannabis markets have unique dynamics, sales generally have been strong during the COVID-19 pandemic, according to Nancy Whiteman, CEO of Boulder, Colorado-based edibles company Wana Brands. During a…
News May 29
Cannabis firm Canopy Growth reshapes strategy after reporting CA$1.3 billion loss
International cannabis giant Canopy Growth Corp. lost ground in Canada’s growing recreational marijuana market in its fourth quarter, with net revenue dropping 13% compared to the previous quarter. Canopy posted…
News May 29
Minnesota tribe approves medical cannabis with flower sales
Red Lake Nation citizens, an Ojibwe American Indian tribe in Minnesota, voted in favor of developing a medical marijuana program. Red Lake Nation News reported that 80% of the tribe…
News May 29
Arkansas high court allows marijuana permit dispute to move forward
In a split decision, the Arkansas Supreme Court ruled that a would-be medical marijuana cultivator that sued the state over alleged unfair business licensing application treatment can proceed – despite…
News May 29
‘Essential’ designation does not help cannabis companies’ bankruptcy cases
Federal bankruptcy protections remain unavailable for marijuana companies, even though the medical cannabis industry has been deemed "essential" during the COVID-19 pandemic by every state that has a functional MMJ…
News May 29
Struggling Canadian cannabis producer pulls out of Jamaica
Cannabis producer The Green Organic Dutchman (TGOD) is no longer pursuing opportunities in Jamaica so it can focus on its struggling Canadian operations, the Mississauga, Ontario-based company said. The company…
News May 29
Missouri medical cannabis program moves forward amid wide-ranging probe into possible misconduct
Scrutiny of Missouri’s medical cannabis licensing recently escalated to Gov. Mike Parson’s office and a close adviser, apparently making the investigation among the first MMJ licensing probes to extend to…
News May 29
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