Business Issues/Benchmarks: Page 250

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

Illinois Delays Issuing New Cannabis Dispensary Licenses Due to COVID-19 Pandemic

The state planned to award 75 new adult-use dispensary licenses May 1, but will now wait until the governor’s disaster proclamation expires.

FDA Warns Two Companies to Stop Marketing CBD as Opioid Addiction Treatment

The letters were sent to BIOTA Biosciences LLC and Homero Corp, the latter of which conducts business as Natures CBD Oil Distribution.

The Next Era of Cannabis: Why Medicine Man Technologies Became Schwazze

Chief Marketing & Merchandising Officer Shane Sampson shares insight into the corporate rebrand and the company’s goals for 2020.

Following Nearby Destruction of 500-Acre Hemp Crop, Arvin, Calif., Moves to Regulate Industry

The city aims to have local jurisdiction over growers and manufacturers, as well as work with them to obtain tax revenue and support the community and environment in other ways.

Glass House Group Builds Out Supply Chain With Acquisition of Cannabis Concentrates Manufacturer F/ELD

The deal comes on the heels of Glass House Farms' recent 355,000-square-foot expansion of its cultivation footprint.

How Nevada’s Tribal Cannabis Businesses Are Responding to the COVID-19 Pandemic

Businesses have been proactive in their response to social distancing and measures to help flatten the curve on tribal lands, while also giving back to those in need.

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement with Tryke

The move frees up $55 million in capital to further invest in the company's organic growth pipeline.

How Las Vegas' Planet 13 Shifted From Tourist Base to Locals Only

Planet 13's David Farris explains how the dispensary that once primarily served out-of-state visitors has transitioned to delivery-only and serving a new clientele during the coronavirus pandemic.

CBD Store and More Plows Ahead With Opening Amid COVID-19 Pandemic

Harvest Connect has opened its flagship CBD retail location with key adjustments to keep customers and employees safe. Here's how it's faring.

UC Davis Releases Report on California Cannabis Testing Costs

Researchers found that cannabis growers’ testing costs average $136 per pound.

Connections Make Us Stronger

Cannabis Business Times offers virtual event series and has rescheduled its in-person Cannabis Conference, continuing to serve cultivators navigating the COVID-19 pandemic.

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