Aurora lays off 200, idles most of flagship Sky marijuana facility
Aurora Cannabis has cut a little more than 200 positions as it reduces production at its flagship marijuana greenhouse in Edmonton, Alberta, […]
Category: United States Cannabis Industry & Marijuana Business News
Steps cannabis retailers can take to curtail spam telemarketing, avoid legal woes
Unlike mainstream retailers, cannabis retailers can access only a limited number of platforms to communicate with customers. Social media and traditional marketing […]
Marijuana firm Verano plans to go public at reported $2.9 billion valuation
Multistate marijuana company Verano Holdings intends to go public on the Canadian Securities Exchange at a value of nearly $2.9 billion through […]
Maine communities support adult-use marijuana businesses, divided on retail
Support for the adult-use marijuana industry in Maine is strong, especially cultivation, despite a divide over allowing retail shops in some municipalities. […]
Marijuana businesses must perfect customer experience for coronavirus-spurred preorders
This spring, the coronavirus pandemic turned the traditional retail model on its head—and marijuana retailers and dispensaries were no exception. Marijuana businesses […]
How passage of the SAFE Banking Act could impact cannabis businesses
The SAFE Banking Act is nearing the finish line in the U.S. Congress, and many expect it to become law sometime in […]
Weedmaps investor document notes federal probe into cannabis businesses is ‘unresolved’
In an investor presentation filed this week with U.S. securities regulators, the parent company of Weedmaps disclosed that a federal investigation into […]
Colorado retail cannabis sales already eclipsing record-setting 2019
Colorado’s cannabis retailers set the record for single-year sales, surpassing 2019 numbers, and that’s with only 10 months counted. Colorado retail cannabis […]
Cannabis firm LeafLink raises $40 million to fund expansion
Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round. The $40 million funding round was […]
Marijuana MSO Ayr Strategies increases capital raise to $110 million
Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand. […]