Categories
Uncategorized

Ontario permits deliveries, curbside pickup in boost to cannabis stores

Shuttered private-sector cannabis retailers in Ontario can get back to business via curbside pickup and home delivery, the Ontario government has announced. The emergency order signed late Tuesday could be a temporary lifeline for Ontario’s retail marijuana stores, who were initially included on Ontario’s list of essential services as the province grapples with the COVID-19 […]

Ontario permits deliveries, curbside pickup in boost to cannabis stores is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/ontario-permits-deliveries-curbside-pickup-in-boost-to-cannabis-stores/
via IFTTT

Categories
Uncategorized

California Marijuana Notebook: Coronavirus adds new sales challenges, other business hurdles for state’s cannabis firms

The COVID-19 crisis has slammed into the California marijuana industry – just as it has with more mainstream industries – and raised more questions about the sustainability of the state’s already fragile cannabis business environment.

California Marijuana Notebook: Coronavirus adds new sales challenges, other business hurdles for state’s cannabis firms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/coronavirus-adds-new-sales-hurdles-for-california-cannabis-firms/
via IFTTT

Categories
Uncategorized

Cannabis firm Harvest Health admits to litigation over Interurban purchase

Phoenix-based multistate marijuana operator Harvest Health & Recreation is in litigation with Interurban Capital Group, the former owner of the Have a Heart dispensary group that Harvest acquired in March for $85.8 million. Harvest CEO Steve White unveiled that news during his company’s quarterly results call on Tuesday. White said Harvest and Interurban entered the acquisition discussions […]

Cannabis firm Harvest Health admits to litigation over Interurban purchase is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/cannabis-firm-harvest-health-admits-to-litigation-over-interurban-purchase/
via IFTTT

Categories
Uncategorized

Massachusetts marijuana bribery trial delayed because of COVID-19

The trial of a former Massachusetts mayor charged with extorting hundreds of thousands of dollars from prospective marijuana businesses has been delayed until September because of the coronavirus pandemic. The trial for former Fall River Mayor Jasiel Correia had been scheduled for May but now will begin Sept. 14, according to legal news service Law360. […]

Massachusetts marijuana bribery trial delayed because of COVID-19 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/massachusetts-marijuana-bribery-trial-delayed-because-of-covid-19/
via IFTTT

Categories
Uncategorized

DEA removes cannabis drug Epidiolex from controlled substances list

Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer’s stock price. GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 5.9% on Tuesday, one day after the U.S. Drug Enforcement Administration said it […]

DEA removes cannabis drug Epidiolex from controlled substances list is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/dea-removes-cannabis-drug-epidiolex-from-controlled-substances-list/
via IFTTT

Categories
Uncategorized

Experts say cannabis multistate operators lag on social equity leadership, but opportunity remains

The U.S. cannabis industry’s record on social equity is patchy at best, and it is the large multistate operators who have generally failed so far to take significant leadership on the issue, according to social equity advocates. Recent news might well support that claim. For example, just as Washington state is enacting a new law giving social […]

Experts say cannabis multistate operators lag on social equity leadership, but opportunity remains is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/experts-say-cannabis-multistate-operators-lag-on-social-equity-leadership/
via IFTTT

Categories
Uncategorized

New Zealand commences medical cannabis scheme

Key guidance material and forms for New Zealand’s medical cannabis program have been published, and the Medicinal Cannabis Agency says it is ready to accept applications. “The Medicinal Cannabis Scheme has now come into effect,” the agency stated in an email to stakeholders. The commencement of the program is consistent with the government’s projection that […]

New Zealand commences medical cannabis scheme is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/new-zealand-commences-medical-cannabis-scheme/
via IFTTT

Categories
Uncategorized

Cannabis group iAnthus defaults on interest payments, delays earnings

Multistate marijuana operator iAnthus, partially blaming the coronavirus, said it is unable to meet interest obligations totaling $4.4 million on $157.5 million in debt. The New York-based company also delayed announcing its quarterly earnings results. “The decline in the overall public equity cannabis markets, coupled with the extraordinary market conditions that began in Q1 2020 […]

Cannabis group iAnthus defaults on interest payments, delays earnings is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/cannabis-group-ianthus-defaults-on-interest-payments-delays-earnings-results/
via IFTTT

Categories
Uncategorized

Organigram temporarily lays off 400 workers due to COVID-19

New Brunswick-based cannabis cultivator Organigram Holdings has temporarily laid off roughly 400 employees as a result of the COVID-19 pandemic, the company announced late Monday. That represents about 45% of Organigram’s workforce. The layoffs were made “primarily to help boost COVID-19 containment efforts” and the majority were voluntary, the company said in a press release. Some […]

Organigram temporarily lays off 400 workers due to COVID-19 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/organigram-temporarily-lays-off-400-workers-due-to-covid-19/
via IFTTT

Categories
Uncategorized

Marijuana giant Green Thumb’s president steps down

Armen Yemenidjian resigned as president of multistate cannabis operator Green Thumb Industries. Yemenidjian, who is leaving the company to spend more time with his family, will continue to work with Chicago-based GTI for the next six months to ensure a smooth transition, the company said in a statement. During that period, he will focus primarily on […]

Marijuana giant Green Thumb’s president steps down is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

from Marijuana Business Daily mjbizdaily.com/armen-yemenidjian-resigns-as-green-thumb-industries-president/
via IFTTT