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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Restructuring cannabis firm MedMen taps interim CEO, withdraws guidance
Financially struggling MedMen Enterprises has retained a management advisory firm to help it restructure.
News March 30
Alberta classifies cannabis stores, producers ‘essential’ during COVID-19
Alberta’s licensed cannabis stores and producers can remain open during the COVID-19 pandemic, the Canadian province’s government said. The regulated businesses were included on the province’s list of “essential services,”…
News March 30
Hexo books CA$298 million net loss in second quarter
Major cannabis producer Hexo posted a second-quarter net loss of 298.2 million Canadian dollars ($210 million) on Monday, nearly five times larger than the CA$62.4 net loss reported in the…
News March 30
Some cannabis businesses add employees, others mull layoffs in response to coronavirus crisis
Marijuana businesses navigating staffing issues during the COVID-19 outbreak are taking different tacks as they strive to keep employees and customers healthy and safe – while keeping close tabs on…
News March 30
Create a winning plan to market and brand your cannabis business
Branding is a key component to any winning business strategy. Of course, it also might be one of the most difficult strategies to get right - and if implemented the wrong…
News March 29
Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more
Only a few days after adult-use marijuana sales soared amid the coronavirus scare, they took a nosedive. MJBizDaily takeaway: The roller-coaster ride in marijuana sales was to be expected. Initially, consumers,…
News March 28
Harvest terminates one deal and closes another, KushCo reorganizes for positive EBITDA, Curaleaf buys 3 dispensaries & more
It was a busy week for Harvest Health & Recreation (CSE: HARV), terminating its planned acquisition of Illinois-based Verano Holdings on Thursday and then announcing plans on Friday to acquire…
News March 27
Oklahoma allows curbside medical marijuana sales
Oklahoma medical cannabis dispensaries can provide curbside-pickup service, but they must ensure there is limited contact between employees and customers, state regulators said. Dispensaries are exempt from Republican Gov. Kevin…
News March 27
MJBizDaily podcast: Recreational marijuana sales fall after rising on COVID-19 fears and more
Adult-use cannabis sales plunged this week after briefly hitting new heights attributed to coronavirus concerns. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: More states say…
News March 27
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