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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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As outdoor cannabis approvals grow in Canada, COVID-19 not expected to delay planting season
Health Canada approvals for outdoor cannabis cultivation have increased by more than 25% in the past few months, and growers are bullish for now despite the COVID-19 pandemic that’s encroaching…
News April 15
How COVID-19 is affecting marijuana legalization efforts across the US
The coronavirus crisis has hurt marijuana legalization efforts in the short term, with state legislatures pivoting to focus on more pressing issues and citizen groups struggling to collect enough signatures…
News April 15
Aphria emerges as industry leader, reports fourth profitable quarter in a row
Ontario-based cannabis producer Aphria reported its fourth consecutive quarter of positive adjusted EBITDA, separating itself from competitors that raked up collective net losses exceeding CA$6 billion ($4.4 billion) in recent…
News April 15
Cannabis extractor Valens turns profit but warns of potential COVID-19 fallout
Canadian cannabis extractor The Valens Co. reported its fourth straight quarterly profit, a rarity in a sector that experienced rampant losses throughout 2019 – the first calendar year of legalization.…
News April 15
Cannabis businesses need ‘win-win’ thinking to battle recession
This global pandemic is forcing every industry - and person - to face its own set of challenges and new realities.
News April 15
Comp tables as of April 14, 2020: US multiples above consumer troughs for 2020 but down for 2021
Average trading multiples for U.S.-focused operators were up slightly versus last week, while the average stock price remained flattish. Canada-focused operators still trade at a premium on sales compared to…
News April 14
Michigan adult-use cannabis stores dealt supply setback
Recreational marijuana stores in Michigan could face a shortage of product after state regulators ruled that adult-use shops can no longer buy MJ from a network of caregiver growers. The Marijuana…
News April 14
Burglaries double at Denver marijuana stores
There have been almost twice as many burglaries at Denver cannabis businesses – primarily marijuana retailers – this year as there were during the same period in 2019, according to police…
News April 14
Weigh in on best perks to offer cannabis workers during COVID-19 outbreak
Marijuana businesses increasingly are rewarding employees who are working during the coronavirus crisis, and the perks range from money to Netflix subscriptions. We’d like to hear from you, the cannabis business…
News April 14
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