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More layoffs at Aurora Cannabis following Great North deal
Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest networks of recreational marijuana stores in Canada, the companies announced Monday. The deal is the latest in a series of M&A...
More layoffs at Aurora Cannabis following Great North deal
Aurora Cannabis has laid off salespeople after tapping Great North Distributors to be its sales representative across the Canadian recreational marijuana retail environment. The company was unable to share the specific number of employees who will be displaced as a...
Colorado’s Record-Breaking Marijuana Sales Top $2 Billion In 2020
Colorado’s total marijuana sales surpassed $2 billion in 2020, the highest amount since legalization, the state’s Department of Revenue (CDOR) said Tuesday. State dispensaries brought in $175,145,246 in November, a 17 percent increase from 2019. In return, the state...
Cannabis Companies Urge California Authorities to Prioritize Their Employees During COVID Vaccination
Close to a year after the coronavirus appeared in Wuhan, China, eventually wreaking untold havoc on the world at large, scientists have developed vaccines that can provide immunity against the virus. However, it won’t be until spring at the very least before the...
Oregon marijuana sales reach record $1 billion-plus in 2020
MJ Biz reported that Marijuana sales in Oregon exceeded $1 billion last year, with the vast majority of transactions coming from state-owned recreation cannabis retailers, coinciding with the coronavirus pandemic and mirroring record sales in other legal markets....
ARKANSAS OPENS UP MEDICAL MARIJUANA PROCESSOR, TRANSPORTER LICENSING
Newmarket opportunities are being provided by the rapidly expanding Arkansas medical marijuana program: processor and transporter licenses. Scott Hardin, the spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that there was no limit on the...
Land and Costs for Investing in Lebanon’s Medical Cannabis Industry under the new Medical Cannabis Law
In April of 2020, the Lebanese Government legalized the use of cannabis for medical purposes. In this article, we will discuss some of the practical expectations regarding the investment dynamics in the current Lebanese environment and under the new Law. The currently...
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