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Constellation ups stake in marijuana producer Canopy Growth to 38%
New York-based alcohol titan Constellation Brands has exercised warrants to purchase additional shares of Canopy Growth, increasing its stake in the Ontario cannabis producer.
News May 1
Montana judge nixes bid by cannabis backers to get digital signatures
A Montana judge denied a request by a group seeking to gather signatures electronically to qualify two recreational marijuana initiatives for the November ballot amid coronavirus restrictions. New Approach Montana…
News May 1
New Brunswick’s cannabis retail evaluation back on track
The COVID-19 pandemic has impacted New Brunswick’s recreational cannabis retail evaluation, but the process is back on track, a government spokeswoman confirmed to Marijuana Business Daily. “We can confirm that the work has…
News May 1
Ex-Harvest employees file suit against the marijuana firm, alleging violations
Two former employees of Arizona-based Harvest Health & Recreation have sued the multistate cannabis operator, alleging they were forced out after alerting management the business had committed multiple violations of…
News May 1
Ontario Cannabis Store extends direct-to-door delivery
Ontario Cannabis Store expanded its direct-to-door delivery service this week to include more areas in Southern Ontario. Ontario is Canada’s largest adult-use cannabis market, with 38.1 million Canadian dollars ($27 million)…
News May 1
Marketing lessons cannabis companies learned during 4/20
The coronavirus pandemic forced marijuana companies to be creative in getting the word out during this year’s 4/20 sales event. With limited to no in-store sales capabilities, businesses leaned on…
News May 1
New Zealand issues ‘unprecedented’ recreational cannabis bill ahead of referendum
New Zealand released recreational marijuana legislation that is set to be voted on in a nationwide referendum in September. Local business leaders are calling the proposed legislation – the Cannabis…
News May 1
Reach Without Regulations
Rusty Wilenkin’s California-based cannabis flower and oil brand, Old Pal, might be the envy of his professional peers, but it’s for a slightly unorthodox reason: The business is structured in…
News May 1
Tax Issues and Slow Congress Burden Cannabis Companies
Nick Richards joined Greenspoon Marder, a national law firm based in Denver, in January as a partner specializing in tax law and compliance for cannabis businesses. Richards’ extensive background in…
News May 1
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