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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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MJBizDaily releases report on how marijuana firms can handle crisis times
Marijuana Business Daily published a free online report to provide cannabis companies with actionable information they can use to navigate a crisis such as the current coronavirus pandemic. The 28-page report,…
News April 8
A COVID-19 legal checklist for California cannabis businesses
As an essential business, California licensees have both rights and very significant responsibilities to employees, customers and regulators - so the stakes of understanding the letter and intention of the…
News April 8
Anchorage, Alaska, voters reject on-site cannabis consumption
In a blow to marijuana retailers in Anchorage, Alaska, voters overwhelmingly rejected a measure to permit cannabis consumption on store premises. According to unofficial election results, roughly 64.3% (28,409) of…
News April 8
Ontario pauses new cannabis store authorizations, eases regulations
Ontario's cannabis store regulator has hit pause on new store authorizations, as the province's existing retailers scramble to offer temporary curbside pickups and delivery.
News April 8
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
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
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
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
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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