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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Coronavirus impact felt in cannabis industry M&A as Harvest Health-Verano deal scuttled
The once-booming market for cannabis mergers and acquisitions is now feeling fallout from the COVID-19 pandemic, on top of all the other problems that have brought M&A activity to a…
News March 26Cannabis labs watchful of supply disruptions during coronavirus crisis as testing demand remains strong
Marijuana testing labs report steady business as the COVID-19 outbreak rolls on, though concerns loom over the availability of protective equipment such as gloves and masks and other cleaning supplies.…
News March 26Harvest avoids 42% dilution after Verano deal terminated, but guidance cut likely on April 7
Another deal made in different times failed. Harvest's planned acquisition of Verano was called off, with both companies citing regulatory delays (exacerbated by the coronavirus response) and declines in capital markets.
News March 26Mexico Senate suspension over COVID-19 puts cannabis legalization deadline in doubt
The Mexican Senate struck an agreement to postpone most legislative activity as part of the second phase of contingency measures to fight the coronavirus pandemic. The decision casts serious doubt…
News March 26Green Organic Dutchman shelves large Quebec facility, lays off staff
The Green Organic Dutchman (TGOD) is the latest large Canadian cannabis firm to shelve one of its greenhouses and lay off staff, continuing a trend that has seen significant facility…
News March 26List of cannabis events hit by coronavirus
From South by Southwest in Austin, Texas, to Spannabis in Spain, at least 15 conferences with ties to the cannabis industry have been postponed, canceled or rescheduled amid the coronavirus…
News March 26Harvest Health, Verano end mammoth marijuana merger
What was one of the largest acquisitions ever announced in the marijuana industry – a deal valued at $850 million when Phoenix-based multistate marijuana operator Harvest Health & Recreation said…
News March 26Nevada Cannabis Market Update: December growth slowed; coronavirus likely to have major impact
Nevada's month-to-month growth rate looks relatively stable, but you have to look at the growth rate from the same month in the previous year to get more context.
News March 26Farm Credit Canada COVID-19 assistance available to cannabis sector – with a catch
Farm Credit Canada (FCC) said cannabis businesses hit by economic fallout from the COVID-19 pandemic are eligible to apply for short-term, government-backed credit and loan payment deferrals, a move that could…
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