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From marijuana to hand sanitizer: Cannabis companies pivot to produce, donate essential products for coronavirus fight

Many state authorities have deemed U.S. cannabis companies "essential" businesses during the coronavirus pandemic and allowed them to keep their doors open - and now some marijuana businesses are producing…

News March 26
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Colorado cannabis dispensaries can stay open under stay-at-home order

"Marijuana dispensaries" are among the “critical” businesses in Colorado that are permitted to stay open under a stay-at-home order issued Wednesday by the governor.

News March 25
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Is the Cresco-Tryke deal at risk of amendment due to its fixed-dollar equity structure?

We suspect the fixed-dollar structure of Cresco Labs' acquisition of Tryke likely will result in the deal's downfall - either through an amendment or outright termination.

News March 25
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SLIDESHOW: Keep your marijuana business afloat during a crisis

Whether it’s the coronavirus scare or impending layoffs, here are some tips on how your marijuana company can ride out the storm.

News March 25
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COVID-19 might delay Maine’s adult-use cannabis launch beyond June

The long-awaited launch of Maine’s recreational marijuana market could be delayed further because of the coronavirus, according to a memo from state regulators. Earlier this month, a state agency projected that…

News March 25
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Australian Senate committee issues report on medical cannabis barriers

An Australian Senate committee wrapped up its inquiry on barriers to regulated medical cannabis and published its final report this week. Any improvements to regulatory overlap and availability pathways to…

News March 25

Comp tables as of March 23, 2020: Multiples bottom at reasonable valuations

Average trading multiples for U.S.-focused operators compressed this week, while Canada-focused operators still trade at a premium on sales compared to U.S. operators, despite a smaller market and lower margins.

News March 25
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Florida, Oklahoma classify medical marijuana stores as ‘essential’

Count Florida and Oklahoma among the states in which medical marijuana dispensaries are considered “essential” businesses that can remain open during the coronavirus pandemic. A Florida statute considers medical cannabis dispensaries in the…

News March 25
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Quebec cannabis stores ruled ‘priority enterprises’; suppliers to stay open

Quebec's government-owned cannabis stores are “priority enterprises,” and businesses producing raw materials for the stores must maintain their activities in accordance with the directives of public health authorities.

News March 25
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