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GW Pharma trims loss to $8 million, warns virus could hit sales
GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could impact…
News May 12
Maine drops adult-use marijuana residency requirement after legal challenge
Maine regulators said they will stop enforcing recreational marijuana residency requirements, a move that came after counsel determined the state is unlikely to win a legal challenge over the matter.…
News May 12
Canadian cannabis producer Tilray’s net loss improves to $184 million
Nanaimo, British Columbia-headquartered Tilray reported a net loss of $184.1 million for its quarter ending March 31, an improvement from the previous period’s $219.1 million loss. Tilray’s adjusted EBITDA loss…
News May 12
Ontario Cannabis Store adding seeds to catalog to ‘breathe life into category’
The Ontario Cannabis Store is aiming to create a “robust” regulated marketplace of seed varieties in an attempt to wrest market share from entrenched illicit sellers. The provincial wholesaler is…
News May 12
Chart: Medical marijuana sales, patient counts hold steady in Maryland
Maryland’s medical cannabis market remains one of the strongest in the United States, with the robust sales and patient increases of 2019 persisting into a tumultuous 2020. Sales in Maryland…
News May 12
Cannabis producer Canopy Growth parts ways with two executives
Two of Canopy Growth’s top executives have departed the company.
News May 11
Canadian cannabis producer Muskoka Grown files for creditor protection
Cannabis producer Muskoka Grown asked for temporary relief from creditors earlier this month so it can continue to conduct business and develop a plan to restructure its affairs. The Bracebridge,…
News May 11
Massachusetts preparing to allow recreational marijuana delivery
Applications for Massachusetts cannabis businesses that want to deliver recreational MJ will be available later this month, even though adult-use sales are on hold because of the coronavirus pandemic. The state’s Cannabis Control…
News May 11
Cannabis MSO Jushi cancels California acquisition, moves forward in Illinois
Florida-based multistate operator Jushi Holdings terminated the acquisition of an adult-use marijuana store in California and launched recreational sales at a shop in Illinois. According to a news release, Jushi entered into an agreement…
News May 11
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