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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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California’s Indus secures $14.5 million for cannabis expansion
Indus Holdings, a California-based vertically integrated marijuana company, said it secured up to $14.5 million in loan financing to complete a greenhouse and boost the company’s profitability path. Indus, which said…
News March 17
Chart: Marijuana brand concentration highlights need for strategic branding, marketing
As most recreational cannabis markets mature, a small number of brands are gobbling up the majority of sales.
News March 17
Cannabis event firm Lift announces layoffs amid pandemic
Toronto-based marijuana conference company Lift said it temporarily laid off a number of employees and paused unprofitable business segments “to preserve value amidst (the) global pandemic.” The company says its…
News March 17
Tell us if you think coronavirus will hit Germany’s MMJ supply
International medical marijuana supply chains appear stable for the time being despite the coronavirus pandemic, with shipments to Europe’s largest market, Germany, remaining uninterrupted. Despite more European countries going into full…
News March 17
What are your thoughts on closing marijuana stores over coronavirus?
Organic Alternatives, a cannabis operator in Fort Collins, Colorado, closed voluntarily over worries about the spread of coronavirus – and many more marijuana shops likely could do the same soon…
News March 17
Despite coronavirus, global supply chain for medical cannabis stable
International medical marijuana supply chains appear stable for the time being despite the coronavirus pandemic, with shipments to Europe’s largest market, Germany, remaining uninterrupted.
News March 17
Demand for cannabis delivery soars as Canada Post restricts service
Canada Post, which ships most cannabis in the country, will no longer request signatures for deliveries as part of enhanced safety measures to help contain the spread of the COVID-19…
News March 17
Canopy closes cannabis stores, pivots to e-commerce to help ‘flatten the curve’
Smiths Falls, Ontario-based Canopy Growth is temporarily closing all corporate-owned Tokyo Smoke and Tweed adult-use retail locations to help stem the worsening COVID-19 coronavirus epidemic. Canopy operates 23 stores in…
News March 17
Many marijuana companies increase costly sick pay policies due to coronavirus
Cannabis businesses – like mainstream U.S. companies – are extending sick pay provisions in response to the coronavirus pandemic to help ensure employees and customers remain safe and healthy. The measures…
News March 17
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