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Ohio medical cannabis sales hit record $13 million in March

Medical marijuana dispensaries in Ohio sold almost $13 million in product in March, setting an all-time record for one month as business surged during the coronavirus pandemic. Oregon also reported…

News April 10
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Massachusetts marijuana firm cuts workers, blames COVID-19, governor

New England Treatment Access, a Massachusetts cannabis company, on Friday said it will reduce its workforce by an undisclosed number of employees as it has seen its store traffic drop…

News April 10
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Cannabis businesses being good citizens amid COVID-19 crisis

Hand sanitizer was suddenly nowhere to be found as the coronavirus crisis escalated. Cannabis companies around the U.S. took their cue and saw an opportunity to pivot toward making a…

News April 10
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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
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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
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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
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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
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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
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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
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