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Long lines, high demand cause Illinois adult-use marijuana stores to ration flower, require customer appointments
A few weeks into recreational cannabis sales in Illinois, supply of flower remains tight, which is forcing many marijuana retailers to limit the amount sold to any one customer. That’s…
News January 29
Marijuana information firm Leafly lays off 54
Leafly, the online marijuana strain and dispensary guide, on Tuesday announced it had laid off 54 employees, or 18% of its workforce, becoming the latest MJ-related business to shed employees.…
News January 28
Cannabis-focused mutual fund, ETF to close
The Evolve Funds Group, a Canadian fund manager with more than 630 million Canadian dollars ($478 million) under management, on Tuesday said it will shutter a small, poorly performing cannabis mutual fund…
News January 28
New Zealand’s adult-use cannabis referendum is set for September
New Zealand has scheduled a date for its next general election, which will coincide with a referendum on the legalization of recreational cannabis. On Sept. 19, New Zealanders will be…
News January 28
Cannabis trade group’s report targets illicit market in response to vaping health crisis
The marijuana industry’s largest trade association released a report Tuesday on the vaping health scare that calls on cannabis business owners, regulators and law enforcement to do more to combat the illegal…
News January 28Comp tables as of Jan. 27: Multiple expansion reverses
These comp tables provide a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.
News January 28
Massachusetts urges revamp of scrutinized municipal marijuana pacts
Accords between Massachusetts municipalities and marijuana businesses, known as host community agreements (HCA), would be solely reviewed and regulated by the state’s Cannabis Control Commission under a redrafted bill.
News January 28
Realistic expectations for New Zealand’s cannabis market: Q&A with Rua Bioscience CEO Manu Caddie
With the launch of New Zealand’s medical cannabis program two months away and a referendum to legalize adult-use marijuana slated for later this year, businesses from around the world already…
News January 28
Chart: More consumers boost Colorado’s recreational marijuana market in 2019
Sales of adult-use cannabis in Colorado eclipsed $1.4 billion in 2019, a record for the state that likely was propelled by new customers entering the market. Recreational marijuana sales were…
News January 28
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