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Aurora announces CEO Booth’s departure, layoffs and up to CA$1 billion in write-downs
Terry Booth has resigned as chief executive of Aurora Cannabis, the Canadian multinational marijuana company he helped build from the ground up over the past seven years.
News February 6
Maine enlists Metrc as state’s marijuana traceability provider
Maine regulators on Thursday entered a six-year contract for Florida-based Metrc to provide the state with a marijuana seed-to-sale tracking system. Metrc replaces BioTrackTHC, a subsidiary of Colorado-based Helix, after BioTrackTHC…
News February 6
Massachusetts advances bill to better regulate cannabis company fees
The oversight of payments that Massachusetts marijuana companies make to the municipalities in which they do business would be tightened under a bill approved Wednesday by the state’s House of Representatives. The…
News February 6
Portland, Oregon, marijuana program needs work, report says
Portland, Oregon’s cannabis program needs to improve a wide range of “management fundamentals” as well as continue to work on issues such as social equity and conservation, according to a city…
News February 6
Potential business carnage coming for California marijuana industry, but stability might emerge after that, experts say
Many California cannabis industry watchers are predicting more company failures, more businesses going into court-appointed receivership because federal bankruptcy protections aren't an option, and more industry exits in general.
News February 6
Missouri begins licensing medical cannabis tracking firms
Missouri regulators awarded six permits to medical marijuana seed-to-sale companies. The state’s Department of Health and Senior Services also denied license certifications to two companies in the first round of the…
News February 5
Ten tips to help cannabis business startups succeed
Below I highlight my “Ten Commandments,” in no particular order, that I believe every startup - cannabis or not - should be aware of.
News February 5
Whoopi Goldberg exits marijuana products firm after dispute
Whoopi & Maya Medical Cannabis, a California company with MMJ products available in stores in California and Colorado, has ceased operations in the wake of an unresolved dispute between co-founders…
News February 5
Some struggling US cannabis companies may look to Canada for possible bankruptcy protection
With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems.
News February 5
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