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Jamaica plans to maintain ‘functional’ cannabis market amid pandemic
Jamaica published details about the “Business Continuity Plan” it has implemented to maintain a functional and expanding cannabis industry amid the COVID-19 pandemic. Part of the plan involves the Cannabis…
News May 22Signs point to possible illicit cannabis activity in L.A. blast, report says
The Los Angeles Fire Department has launched a review of all smoke and vape shops in the city to ensure they’re storing explosive materials correctly after a recent explosion at Smoke…
News May 22How US cannabis growers are keeping a tight lid on costs as recession looms
As the coronavirus pandemic plunges the U.S. economy into a sharp downturn, cannabis cultivators are managing finances by rethinking capital improvements and finding any area possible to lower costs. Although demand…
News May 22Marijuana MSO Harvest announces layoffs, other pivots in $24M cost-cutting
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures - including laying off an undisclosed number of workers - in an effort…
News May 21Prince Edward Island to reopen cannabis stores with restrictions
Licensed recreational cannabis stores in Prince Edward Island will reopen on May 22 “with limited access,” the government-operated marijuana retailer announced. All four PEI Cannabis stores on the island were closed…
News May 21High Times’ deal to buy cannabis grow, processing facilities falls apart
High Times Holding Corp.’s move to expand into marijuana operations hit a snag with the collapse of a deal to buy a cultivation and processing business in California. The parent…
News May 21Nevada marijuana sales up 20% in 2019, but COVID-19 slows progress
Nevada marijuana sales for 2019 reached $692 million, a 20% increase from fiscal year 2018, but lost sales stemming from the market disruption caused by the coronavirus pandemic is throwing cold…
News May 21Uruguay exports largest-ever shipment of high-THC flower, but buyer remains a mystery
A shipment of medical cannabis exported from Uruguay in late 2019 to Europe is raising eyebrows, both about the buyer’s identity and the cargo’s sheer size. The 1,000-kilogram (2,205-pound) shipment…
News May 21British Columbia books record tax revenue from cannabis sales
British Columbia’s monthly share of the federal excise duty on adult-use cannabis hit a fresh high as the province continued to execute its plan to greatly expand the number of…
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