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Chart: Forced store closures hit Massachusetts marijuana retailers to the tune of $2 million per day
Lost recreational marijuana sales in Massachusetts stemming from forced store closures already could amount to $40 million among the state's cannabis retailers, underscoring business owners’ need to be strategic about…
News April 14
Organigram posts revenue decline, net loss in second quarter
Organigram Holdings Corp. saw net revenue decline on a quarterly basis in the second quarter of its fiscal year, from 25.2 million Canadian dollars ($18.1 million) in the first quarter…
News April 14
Raises, professional development courses boost cannabis workers’ morale during COVID-19 pandemic
In states where cannabis businesses have been deemed essential, employees at many companies are being asked to continue working, putting themselves at risk of infection from the coronavirus.
News April 14
James E. Wagner Cultivation cannabis assets up for grabs
The assets of Kitchener, Ontario-based cannabis cultivator James E. Wagner Cultivation Corp. (JWC) are up for sale for at least 11.95 million Canadian dollars ($8.61 million), the company said Monday.
News April 13
Massachusetts marijuana commission member stepping down
Kay Doyle is leaving her spot on the commission that regulates medical and recreational cannabis in Massachusetts. Doyle, who was appointed to the Cannabis Control Commission when it was created in…
News April 13
Cannabis producer Hexo raises CA$46 million in public offering
Ontario-based cannabis grower Hexo on Monday announced the closing of an underwritten public offering worth 46 million Canadian dollars ($33 million). The offering sold 59,800,000 units for CA$0.77 each. Each…
News April 13
Marijuana retailer Fire & Flower looks to raise CA$25 million
Canadian cannabis retailer Fire & Flower Holdings aims to raise up to 25 million Canadian dollars ($18 million) via two private placements, the company said Monday. The announcement comes as…
News April 13
COVID-19 could be wake-up call for Mexican legislators to legalize marijuana, local experts say
Mexico is widely expected to miss the April 30 deadline to legalize cannabis, but local industry sources say the coronavirus outbreak might serve as a wake-up call for Mexican lawmakers to…
News April 13
Aurora plans share consolidation to maintain NYSE listing
Canada’s Aurora Cannabis is undertaking a reverse share split by merging its common shares on a 12-to-one basis, effective May 11, in a bid to remain listed on the New…
News April 13
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