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Ontario cannabis stores to close after removal from ‘essential’ list
Private-sector cannabis stores in Ontario, Canada’s largest market, have been ordered to close their doors by late Saturday in response to the COVID-19 pandemic, leaving the outlets with nowhere to…
News April 3
Cannabis REIT inks $49 million sale-leaseback deal with Ascend
Innovative Industrial Properties, a real estate investment trust that specializes in the marijuana industry, bought a cannabis cultivation and processing facility in Massachusetts from Ascend Wellness Holdings (AWH) in a…
News April 3
IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say
A new report from a branch of the U.S. Treasury Department confirms the Internal Revenue Service is preparing to launch an increase in marijuana industry audits nationwide, but it also…
News April 3
Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19
New York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming the latest multistate marijuana operator to slash costs in response to the…
News April 3
Where Canadian cannabis businesses can stay open during COVID-19 pandemic
The vast majority of Canada's provincial governments are allowing recreational cannabis stores to stay open during the coronavirus outbreak, in effect designating these businesses as "essential."
News April 3
Wholesale marijuana snapshot: A review of prices in adult-use markets
Over the past several weeks, Marijuana Business Daily took a deep dive into average wholesale prices in state-legal recreational marijuana markets.
News April 3
Bedrocan CEO: European medical cannabis supply chain stable despite COVID-19 crisis
So far, the European market for medical cannabis has been spared the supply-chain disruptions inflicted by the coronavirus pandemic.
News April 3
Canada classifies medical cannabis ‘essential’ amid COVID-19 pandemic
Canada’s federal government has deemed medical cannabis production “essential” to the country’s critical health-care infrastructure during the COVID-19 pandemic. The designation is intended to assist provinces, municipalities and businesses in…
News April 2
Denver man sues cannabis firm for alleged spamming
A Denver man filed a lawsuit alleging that the operator of marijuana stores in Colorado, Massachusetts and Nevada violated federal telemarketing law by sending him promotional text messages without his permission.…
News April 2
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