Health and Safety COVID-19 could be a boon for cannabis retail While the pandemic exasperates the strain on producers, there are signs people are stockpiling weed along with their towers of toilet paper Nick LabaMarch 13, 2020
The weed wire Zenabis Global axes 175 BC employees In BC, 675 cannabis employees have been laid off so far this month Michelle GamageMarch 12, 2020
The weed wire Innovative Industrial buys Parallel site in Florida for US$43.5M The deal will give the operator a hit of cash and expand IIP’s footprint in Florida’s booming medical market Nick LabaMarch 12, 2020
Industry update Columbia Care’s expanding dispensary network buoys Q4 sales The US pot firm said it expects revenue up to US$265 million on a pro forma basis in fiscal 2020 Jared GnamMarch 11, 2020
The weed wire Canopy Growth lends TerrAscend $80.5 million The loan matures in 10 years with a 6.1% annual interest rate Michelle GamageMarch 11, 2020
The weed wire Cannabis Conference 2020 going ahead despite mass COVID-19 cancellations Organizers say participant safety is top priority Michelle GamageMarch 10, 2020
Industry update Canadians want low-dose edibles: Organigram survey A paid web poll found the most ideal dosage for infused products is only 5 milligrams of THC Jared GnamMarch 10, 2020
The weed wire TGOD posts $128M write-down in quarterly report The write-downs were related to Canadian cash generating assets under construction or in-use, and an investment in Epican Medicinals Nick LabaMarch 10, 2020
Industry update Biome Grow tumbles after announcing major cutbacks Biome shares dropped 64 per cent after it said it was terminating five separate operation expansions and initiatives Jared GnamMarch 9, 2020
Industry update Cresco Labs to open second-only pot shop in downtown Chicago Illinois reported US$74 million in the first two months of legal weed sales and Cresco said it will capture more sales from Chicago's 55... Jared GnamMarch 9, 2020