The weed wire FSD Pharma scales back cultivation, implements furlough The cutback excludes staff working staggered shifts to ensure operations continuity and procedures necessary to maintain licensing Nick LabaMarch 23, 2020
Industry update Cannabis industry reps to hold global virtual town hall on COVID-19 impact New Frontier Data is hosting the Global Cannabis Town Hall: New Economic Realities online conference call on April 2 Jared GnamMarch 20, 2020
COVID-19 Delta 9 CEO talks first profitable quarter and relative calm in Manitoba: Q&A John Arbuthnot says cannabis companies through this cycle will start to trade at multiples of revenue, earnings and EBITDA more so than we've ever... Nick LabaMarch 20, 2020
COVID-19 Major retailers keep doors open as US lawmakers deem cannabis ‘essential’ Cresco Labs said its 22 dispensaries across seven U.S. states will stay open amid the COVID-19 health crisis Jared GnamMarch 19, 2020
Cannabis Village Farms to offer an additional 3 million shares The company plans to raise as much as $10 million for working capital and general expenses Nick LabaMarch 19, 2020
The weed wire Don’t mix THC with COVID-19, Aurelius researchers say Previous tests with THC in mice with influenza showed an increase in viral loads Nick LabaMarch 19, 2020
Industry update Aleafia reports first-ever positive adjusted EBITDA The outdoor cannabis grower's $0.10 a gram production costs helped it report a record fourth quarter Jared GnamMarch 18, 2020
Industry update 1933 Industries continues Nevada operations despite public lockdown Nevada state authorities have included cannabis businesses as essential services while enforcing a 30-day shutdown to battle COVID-19 spread Jared GnamMarch 18, 2020
The weed wire Fire & Flower closes most stores, moves to pickup only "We have a responsibility to our employees, customers and the communities in which we operate to limit social interactions by temporarily modifying our business... Nick LabaMarch 18, 2020
Canada COVID-19 pandemic puts Canadian cannabis operations in limbo While producers implement social distancing policies to maintain full operations, some pot companies have issued temporary layoffs and shutdowns Jared GnamMarch 17, 2020