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Ontario, Canada-headquartered cannabis company Aleafia Health said it cut its “full-time equivalent” staff headcount by 20% during the quarter ended Dec. 31 as part of a push to...
Many marijuana companies seeking capital are expected to find limited pickings and costly terms this year, providing little relief from 2022, when the amount of money...
Edmonton, Alberta-based Aurora Cannabis posted positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) worth 1.4 million Canadian dollars ($1 million) in its second fiscal quarter of...
Cannabis marketers are stuck between a rock and a hard place. They need to drive immediate sales while building the foundational brand equity that will set...
Retail sales of legal marijuana in Colorado were worth slightly more than $139 million in December 2022, bringing the state’s medical and recreational sales total for the year...
Two more licensed adult-use cannabis operations are set to open in New York, including the first outside Manhattan. Just Breathe was slated to open at 3...
Lawmakers in Arkansas and Kansas this week introduced bills to legalize adult-use and medical marijuana, respectively – another sign of MJ legalization’s support in conservative Republican-leaning...
Miami-based multistate marijuana operator Ayr Wellness is divesting its recently acquired Arizona assets and entering the Ohio market. According to a news release, Ayr agreed to sell the...
How many legal cannabis stores are in Canada – and how accessible are they for consumers across the country? MJBizDaily’s new map of Canadian cannabis retail distribution has...
A new law in Hong Kong bans the sale and production of CBD, imposing severe penalties and pulling the rug out from under an increasingly popular market. The...
