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Ontario permits deliveries, curbside pickup in boost to cannabis stores

Shuttered private-sector cannabis retailers in Ontario can get back to business via curbside pickup and home delivery, the provincial government announced. An emergency order signed late Tuesday could be a temporary…

News April 8
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California Marijuana Notebook: Coronavirus adds new sales challenges, other business hurdles for state’s cannabis firms

The COVID-19 crisis has slammed into the California marijuana industry - just as it has with more mainstream industries - and raised more questions about the sustainability of the state's…

News April 8
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Marijuana firm Harvest Health discloses litigation over Interurban purchase

Phoenix-based multistate marijuana operator Harvest Health & Recreation is in litigation with Interurban Capital Group, the former owner of the Have a Heart dispensary group that Harvest acquired in March for $85.8…

News April 7
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Comp tables as of April 7, 2020: US valuations flat, Canada expands

Average trading multiples for U.S.-focused operators were roughly flat versus last week because of a decline in estimates. Canada-focused operators still trade at a premium on sales compared to U.S.…

News April 7
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DEA removes cannabis drug Epidiolex from controlled substances list

Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer's stock price.

News April 7
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Massachusetts marijuana bribery trial delayed because of COVID-19

The trial of a former Massachusetts mayor charged with extorting hundreds of thousands of dollars from prospective marijuana businesses has been delayed until September because of the coronavirus pandemic. The…

News April 7
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Advocates say cannabis multistate operators lag on social equity leadership, but opportunity remains

The U.S. cannabis industry's record on social equity is patchy at best, and it is the large multistate operators who have generally failed so far to take significant leadership on…

News April 7
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New Zealand commences medical cannabis scheme

Key guidance material and forms for New Zealand’s medical cannabis program have been published, and the Medicinal Cannabis Agency says it is ready to accept business applications. “The Medicinal Cannabis…

News April 7
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Cannabis firm iAnthus defaults on interest payments, probes CEO

Multistate marijuana operator iAnthus, partially blaming the coronavirus, said it is unable to meet interest obligations totaling $4.4 million on $157.5 million in debt.

News April 7
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