Some cannabis shops looted in late May reopen after spending hundreds of thousands of dollars
More than two months after thieves broke into dozens of marijuana retailers nationwide during the George Floyd protests, a number of those […]
Category: Featured Marijuana Business & Cannabis Industry News
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 […]
California wildfires claim several marijuana farms, threatening growers with financial losses
The series of wildfires ravaging Northern California have inflicted major damage on several marijuana farms, with possibly more outdoor grow operations threatened […]
How Columbia Care’s Nicholas Vita built his marijuana business
The marijuana industry is unlike any other, and it’s home to executives who have overcome federal prohibition, social stigma, draconian regulations and […]
Scant minority ownership in Nevada’s cannabis industry, spurring calls for social equity reform
Minority ownership of cannabis businesses in Nevada is rare, and there are few signs that situation is likely to change anytime soon. […]
US marijuana companies outperform Canada’s to erase discount in second-quarter earnings season
The stocks of U.S.-focused operators have rallied while Canada-focused operators have underperformed in the second-quarter earnings season, closing the valuation gap on […]
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. […]
How to choose a tracking system: Scaling your cannabis company beyond compliance
Many states with legalized medical or recreational cannabis mandate license holders to report product movement using a chosen reporting system. How to […]
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 […]