Industry update High Times moves into retail sector with purchase of 13 California dispensaries The $80M deal with Harvest Health makes it one of the state's largest weed retailers overnight, magazine's parent company says Jared GnamApril 29, 2020
Stock News Cresco Labs drops double digits on sizable Q4 loss Shares in the Chicago-based company dropped 11% after posting a US$45.2 million fourth-quarter net loss Jared GnamApril 28, 2020
COVID-19 New Mexico governor regrets not legalizing weed as pandemic slams economy Gov. Michelle Lujan Grisham says new cannabis tax dollars would help absorb some of the economic damage caused by COVID-19 Jared GnamApril 28, 2020
Industry update Vancouver-based CBD producer first to enter Brazil’s medical weed market Brains Bioceutical said it struck the first deal with Brazil's national health authority to supply the country with a CBD product Jared GnamApril 27, 2020
COVID-19 Colorado cannabis retailer not holding breath for federal relief funds US House lawmakers introduced a cannabis bailout bill Thursday, but Denver-based Lightshade says they don't expect federal dollars to follow Jared GnamApril 24, 2020
COVID-19 4/20 sales fall 50% due to COVID-19, software firm says But data firm Headset predicts a modest sales increase for the entire week before the unofficial cannabis holiday Jared GnamApril 24, 2020
COVID-19 Tetra Bio-Pharma gets 5th orphan drug status for CBD topical The company is expanding its strategy of obtaining rare drug designations for cannabis-based drugs during the pandemic Jared GnamApril 23, 2020
Canada StatsCan reports stagnant pre-pandemic weed sales But during COVID-19, other data show an ensuing sales surge and a 4/20 boost Jared GnamApril 22, 2020
Industry update Canopy keeps one toe in Colombia, inks regional supply deal The weed giant signed a one-year extract deal with Clever Leaves one week after it closed its Colombian operations Jared GnamApril 21, 2020
COVID-19 ACLU highlights persisting racist cannabis enforcement in 4/20 report The report used the stoner holiday to show how black people are still almost 4X more likely to be arrested for weed Jared GnamApril 20, 2020