District of West Vancouver votes to allow cannabis stores to apply for business licences
Video: Vancouver council approves some public drinking (Global News) Vancouver council approves some public drinking SHARE SHARE TWEET SHARE EMAIL What to watch next Click to expand Replay Video UP NEXT © CBC The federal government officially legalized recreational...
Cannabis company on ‘growth spree’ expands into West Michigan with 8 stores
A Michigan cannabis company, which began the year operating one retail store, expects to end 2021 with 10 locations, the majority in West Michigan. Some of the first recreational marijuana stores in West Michigan have been rebranded as New Standard, while several new...
Aurora Cannabis Repays $89M Credit Facility, Continues Its ‘Business Transformation Plan’
Canadian cannabis company Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) confirmed Tuesday it had repaid its $89 million credit facility, without penalty. The move, which came on the heels of disclosing its plans to raise $300 million by selling its commons shares...
Amazon, one of the nation’s largest employers, won’t test jobseekers for cannabis
At the beginning of the pandemic, the legal cannabis industry was disrupted, but by the end of 2020, the industry saw record sales of $17.5 billion. This is a 46% increase in sales from 2019. Most of the sales came from adult use markets like colorado in Oregon,...
Pot users welcome: Amazon won’t test jobseekers for cannabis
NEW YORK – Amazon said Tuesday that it will stop testing jobseekers for marijuana. The company, the second-largest private employer in the U.S. behind Walmart, is making the change as states legalize cannabis or introduce laws banning employers from testing for it. In...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
California’s cannabis firms band together to address credit woes
© Thomson Reuters America’s first Cannabis Cafe opens in West Hollywood, California (Reuters) – A coalition of cannabis firms, representing about 45% sales volume in California, on Tuesday started an effort to address credit issues that have plagued the...
Medical marijuana provider Etain gears up for entry to adult-use market
Nearly a year after Canadian investment firm RIV Capital acquired New York-based medical marijuana provider Etain for $247 million, new regulations will allow the company to enter the state’s budding adult-use market sooner than anticipated. New York’s Cannabis...
Hero or Zero? 3 Speculative Cannabis Stocks to Make You Rich or Broke
Navigating the tricky world of cannabis stocks has often been a perplexing endeavor for investors. Currently, the sector is grappling with headwinds. These include inflationary pressures, pricing troubles and an ever-developing regulatory landscape. The likely outcome...
Oregon has fallen behind in cannabis equity
© Provided by Axios The recent audit of the Oregon Liquor and Cannabis Commission recommends ending barriers that keep the state from spending cannabis tax funds to help people who have been disproportionately hurt by marijuana law enforcement. Why it matters: Even...
Chicopee gives preliminary approvals to new $15 million cannabis cultivation business
CHICOPEE – The City Council will consider a proposal to allow a $15 million marijuana cultivation facility to be located in a former industrial building after one of its subcommittees gave the proposal the green light. The Council’s zoning committee voted 4-0 on...
Legal cannabis sales shot up to $17.5 billion during the pandemic as dispensaries helped Americans stock up on marijuana
© AP Photo/Julio Cortez, File In this March 22, 2019, file photo, Heather Randazzo, a grow employee at Compassionate Care Foundation’s medical marijuana dispensary, trims leaves off marijuana plants in the company’s grow house in Egg Harbor Township, N.J....
Broussard hemp growers hope to become the ‘Amazon of the cannabis world’
Matt and Crystal Grayson are growing their Broussard hemp farm into what they hope will one day become the Amazon of the cannabis world. The husband-wife duo sold their house just before the pandemic and moved into a more rural Broussard property to pursue their dream...
Canada Or US: Which Cannabis Industry Is Better Positioned To Go National?
By Lauri Kibby of Kings Garden Cannabis industry optimism in the United States is mounting alongside increasing expectations for national legalization. Skeptics, however, point to the Canadian experience and suggest we temper our enthusiasm. To be sure, years removed...
Why the Pandemic Was a Breakout Moment for the Cannabis Industry
This article is part of Owning the Future, a series on how small businesses across the country have been affected by the pandemic. “I expect this will be the first year Nevada does over a billion in cannabis sales,” said Nicolas MacLean, chief executive of Aether...
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