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Adult-use cannabis sales plunge after briefly hitting new heights on coronavirus concerns

Adult-use marijuana sales plunged over the weekend, only a few days after skyrocketing to new heights as consumers prepared for fallout from the coronavirus.

News March 23
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Online marijuana giant Leafly lays off 91 staffers

One of the premier names in online cannabis information, Seattle-based Leafly, said Monday that it’s further cutting its workforce as part of a response to the coronavirus outbreak. “Today Leafly…

News March 23
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Poll: COVID-19’s cannabis legalization impact?

The nationwide coronavirus outbreak could hamper cannabis legalization efforts along the East Coast and elsewhere, raising further questions about the launch of lucrative new adult-use and medical markets in New…

News March 23
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Most legal cannabis stores in Canada barred from delivery, hampering retailers’ ability to serve customers

As Canada's federal government urges Canadians to stay at home to combat the COVID-19 pandemic, the vast majority of private-sector cannabis stores in the nation have long been barred by…

News March 23
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Coronavirus outbreak could delay marijuana legalization along East Coast, other states

The nationwide coronavirus outbreak could set back cannabis legalization efforts along the East Coast and elsewhere, raising further questions about the launch of lucrative new adult-use and medical markets in…

News March 23
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Regulated cannabis businesses appeal to Ottawa for COVID-19 support

Canadian marijuana companies, seeking to overcome the economic fallout of the COVID-19 pandemic, are urging the federal government not to exclude them from economic measures offered to other businesses. The…

News March 23
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Prices up for wholesale flower in both newer and mature medical cannabis programs but leveling off

Across the United States, medical marijuana business owners are reporting firm prices for wholesale flower, although actual price levels vary widely and largely depend on a market's maturity.

News March 23
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With a reimagined lending model, firm aims to create equitable cannabis funding

When Seke Ballard founded Good Tree Capital, his goal for the Seattle-headquartered online platform was to raise funds from accredited investors and, in turn, use that money to underwrite loans…

News March 22
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BC allows cannabis click-and-collect, phone orders to promote social distancing

Regulated cannabis stores in British Columbia are now allowed to accept product reservations online and over the phone as the province looks to support retailers while reducing the amount of…

News March 21
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