Navigating the Cannabis Industry in the Current Climate
All major industries took a hit during the COVID-19 pandemic, but in many states, cannabis dispensaries were labeled as essential, which has […]
Category: Coronavirus
Marijuana banking numbers slip, but loans may be increasing
The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year, according to federal data, […]
Oklahoma group abandons effort to legalize adult-use cannabis
Advocates for legalizing a commercial recreational marijuana program in Oklahoma gave up their bid for November’s election because of the difficulty of […]
Week in Review: Adult-use MJ sales still strong, fires burning California cannabis, Canada’s import policies scrutinized & more
Recreational marijuana sales in key markets remained solid two weeks after enhanced federal jobless benefits expired. MJBizDaily takeaway: That’s good news for […]
Chart: Adult-use cannabis sales remain steady even as unemployment bonus ends
Though the U.S. government’s temporary lifeline to tens of millions of unemployed workers expired, sales of recreational marijuana products have proved resilient. […]
Cannabis & COVID: Changes, Advances & Opportunities
The onset of the COVID-19 pandemic sent shockwaves around the world, and they’re still rippling today. Businesses had to quickly pivot from […]
State treasurers group lobbies for marijuana banking in US coronavirus bill
A coalition of state treasurers across the country are urging Congress to include cannabis banking reform in the next coronavirus relief stimulus […]
Battling insurers in the aftermath of lootings: Q&A with California cannabis executive Keith Stephenson
Keith Stephenson’s 14-year-old Oakland cannabis shop, Purple Heart Patient Center, was one of scores that were ransacked the weekend of May 29 […]
Struggling economy might signal time for cannabis businesses to seek out real estate deals
The COVID-19 crisis and ensuing economic downturn have created opportunities for cannabis companies to finagle deals on real estate belonging to mainstream […]
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45 million Canadian dollars), according […]