Week in Review: MA adult-use cannabis stores reopening, High Times deal unravels, Acreage ‘reset’ & more
Massachusetts recreational marijuana retail stores will be allowed to reopen May 25, but sales will be limited to curbside…
News May 23
Latest In: Finance
Marijuana MSO Harvest announces layoffs, other pivots in $24M cost-cutting
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures -…
News May 21
Nevada marijuana sales up 20% in 2019, but COVID-19 slows progress
Nevada marijuana sales for 2019 reached $692 million, a 20% increase from fiscal year 2018, but lost sales stemming…
News May 21
LivWell continues Colorado expansion, buys marijuana retail chain Mindful
Colorado-based LivWell Enlightened Health continued its acquisition spree this month with the purchase of competing retail chain Mindful,…
News May 20
10 tips for US cannabis businesses facing an economic downturn
With businesses around the country shuttered and millions of Americans out of work because of the coronavirus pandemic,…
News May 20
Cost-cutting cannabis giant Acreage to take $80 million-$100 million charge
Marijuana multistate operator Acreage Holdings on Monday said it is still reducing overhead costs - including the sale…
News May 18
Investment group buys Sundial medical cannabis subsidiary for CA$105 million
A United Kingdom cultivator that is licensed to grow medical marijuana and hemp has been acquired by a…
News May 18
Oklahoma’s business-friendly medical cannabis program still has room to grow, experts say
Medical marijuana sales and patient numbers in Oklahoma continue to increase at a staggering rate, indicating the red-hot market…
News May 18
US House OKs cannabis banking in passing $3 trillion coronavirus bill
The U.S. House of Representatives late Friday passed a $3 trillion coronavirus stimulus bill that includes a provision…
News May 15
Marijuana REIT invests $17.5 million in sale-leaseback deal
Innovative Industrial Properties (IIP), a real estate investment trust based in San Diego that specializes in sale-leaseback deals…
News May 14
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