Finance: Page 56

Cannabis Industry Grapples with COVID-19 Outbreak, Maine Issues First Adult-Use Licenses: Week in Review

From regulators allowing cannabis delivery and curbside sales to dispensaries being deemed “essential” during shutdowns, the industry is adjusting rapidly.

For Cannabis Distribution Companies, It Helps to Have a Nimble Business Model in Times of Crisis

SparqOne recently announced a massive distribution agreement in California. At the same time, the company’s drivers are navigating new local norms.

Coronavirus Continues to Redefine the Cannabis Supply Chain

The industry will need to consider new approaches as COVID-19 changes buying behaviors and supplier availability.

What Does the Federal Tax Deadline Extension Mean for the Cannabis Industry?

CPA Dean Guske shares what businesses should be aware of in the wake of the government’s announcement that tax payments can be delayed until July 15 amid coronavirus concerns.

CV Sciences Reveals FY 2019 Earnings, Discusses Future Amid Coronavirus Outbreak

In a recent earnings call, company executives discussed challenges they endured in 2019 and what they're facing in 2020.

Harvest Announces Corporate Updates, Management and Board Changes

The company has announced progress on its ICG merger, the resignation of Executive Chairman Jason Vedadi and planned board appointments.

Cresco Labs Provides Update on Response to COVID-19

Cresco Labs views the health and safety of its customers, patients and employees as its number one responsibility during this challenging time.

Cannabis Operators Excluded from SBA’s Disaster Assistance During COVID-19 Pandemic

Low-interest loans up to $2 million offered by the Small Business Administration amidst the coronavirus outbreak will not extend to state-legal cannabis businesses.

Illinois Allowing Curbside Medical Cannabis Sales

The move follows emerging public health norms amid the coronavirus outbreak.

Aurora Cannabis Announces Share Sale by Founder Terry Booth

The transaction is in connection with the company's previously announced transition plan.

Nabis Holdings Inc. Terminates Agreement to Acquire Desert’s Finest Dispensary in Desert Hot Springs, Calif.

Nabis will narrow its focus to its vertically integrated operations in Arizona and Michigan.

Canada’s Cannabis Industry Barred from Receiving Business Loans as Part of COVID-19 Relief Efforts

Ottawa has unveiled a plan to aid the economy as coronavirus continues to spread and forces businesses to close, but banks have refused to extend this assistance to the cannabis industry.

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