Budtender turnover hinders the cannabis industry – here’s how to improve it
High turnover rates among budtenders continue to plague the cannabis retail sector, a problem that has ramifications for the industry beyond just the immediate costs.
Marijuana-focused ETF to include US multistate operators
ETFMG Alternative Harvest ETF – an exchange traded fund specializing mainly in Canadian cannabis companies and ancillary marijuana businesses – will begin to include U.S.-based marijuana multistate operators.
Marijuana financier XS Financial signs $24 million line of credit
Marijuana industry finance company XS Financial has taken out a $24 million line of credit.
Metrc nabs Alabama medical cannabis tracking contract
Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to Alabama’s medical marijuana program.
Cannabis advertising company Weedmaps lays off 10% of staff
California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a widespread slowdown in the U.S. marijuana market.
Greenlane to sell off marijuana packaging division in wake of merger
Ancillary cannabis company Greenlane Holdings plans to sell its marijuana packaging division after merging with KushCo in 2021.
Opinion: How cannabis brands can drive innovation as functional products
Within the past two years, growing public health concerns and the proliferation of personal wellness products have created more health-conscious and proactive consumers.
Recent market research indicates that 70% of consumers currently use food products for specific functional benefits to support their mental and physical well-being.
