Marijuana MSO Harvest announces layoffs, other pivots in $24M cost-cutting
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures – including laying off an […]
Category: Cannabis Industry & Marijuana Business Briefs
Prince Edward Island to reopen cannabis stores with restrictions
Licensed recreational cannabis stores in Prince Edward Island will reopen on May 22 “with limited access,” the government-operated marijuana retailer announced. All four […]
Nevada marijuana sales up 20% in 2019, but COVID-19 slows progress
Nevada marijuana sales for 2019 reached $692 million, a 20% increase from fiscal year 2018, but lost sales stemming from the market disruption […]
High Times’ deal to buy cannabis grow, processing facilities falls apart
High Times Holding Corp.’s move to expand into marijuana operations hit a snag with the collapse of a deal to buy a […]
Michigan expands parameters of marijuana social equity program
Michigan is again revamping its marijuana social equity program in an attempt to draw more entrepreneurs impacted by the war on drugs […]
Cannabis stores coming to Canada’s remote Nunavut territory
The government of Nunavut will soon accept applications for cannabis stores, bringing bricks-and-mortar recreational marijuana storefronts to the only Canadian jurisdiction that […]
Maine’s largest city OKs adult-use cannabis, caps store licenses at 20
Portland, Maine, has opted into the state’s recreational marijuana industry with plans that call for 20 retail licenses and a scoring bonus […]
LivWell continues Colorado expansion, buys marijuana retail chain Mindful
Colorado-based LivWell Enlightened Health continued its acquisition spree this month with the purchase of competing retail chain Mindful, which owns five cannabis […]
Cannabis firm Green Growth Brands gets initial creditor protection
Ohio-based marijuana retailer Green Growth Brands said Wednesday it has filed for insolvency protection in Canada. The financially troubled multistate operator – […]
Overtime-pay issue leads CO marijuana security firm to US Supreme Court
A cannabis security company based in Colorado has petitioned the U.S. Supreme Court to review a lower-court decision requiring state-legal marijuana businesses […]