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KushCo reserves legacy customer sales, highlights pending write-off risk for sector
KushCo Holdings is a canary in the coal mine for the cannabis industry with regards to how bad debts are likely to impact profitability in the sector.
News April 10
LivWell buys Denver cannabis edibles firm Sweet Grass
LivWell Enlightened Health, one of Colorado’s largest marijuana store owners, acquired Denver-based Sweet Grass Kitchen, one of the oldest marijuana edibles brands in the state. The acquisition price was not…
News April 10
Vaping illnesses less common in states with adult-use marijuana, study shows
An academic study found that the cannabis vaping health crisis of 2019 was more pronounced in states that lacked legal recreational marijuana stores, pointing to the illicit market as the…
News April 10
Ontario approaches 900 cannabis Retail Operator License applications
Ontario's cannabis regulator has received nearly 900 Retail Operator License (ROL) applications for marijuana stores since it opened up the process to all comers on Jan. 6.
News April 10
CARES Act for cannabis companies: A financial expert’s take
The federal government has come out with the single most expansive relief package, the Coronavirus Aid, Relief and Economic Security Act , since the New Deal of the 1930s. While the CARES…
News April 10
Oregon sets cannabis sales mark with $84.5 million in March
Adult-use and medical marijuana stores in Oregon sold $84.5 million in products in March, a record for any month, as the market got a boost from coronavirus-driven purchases. Sales last…
News April 9
How Colombian medical cannabis producers are adapting to the COVID-19 pandemic
Medical cannabis producers the world over are scrambling to adapt to fast-evolving business and health implications from the novel coronavirus pandemic, with those in Colombia adapting stricter health and safety…
News April 9
MJBizDaily announces furloughs, other steps because of COVID-19
Marijuana Business Daily is temporarily laying off around 30% of its staff and ramping up virtual events in response to the economic and financial fallout caused by the COVID-19 pandemic.…
News April 9
Cannabis producers in Australia avoid ‘nonessential’ designation
Australia’s government has identified specific “nonessential” industries in order to apply restricted operations to fight the novel coronavirus pandemic – and medical marijuana is not on that list. That means…
News April 9
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