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Finance: Page 62
Global Cannabinoids Pivots from CBD to Hand Sanitizer in Response to COVID-19 Crisis
The company, which has been one of the largest wholesale retailers of American-grown hemp and CBD, has transitioned its operations to hand sanitizer production to address the supply shortage.
Acreage Announces Operational Updates, Executive Resignation, Suspension of Guidance and Termination of Proposed Deep Roots Acquisition
The moves are intended to enable the company to maintain its business goals of profitability, conserve cash and to execute its strategic plan.
Passion for Medical Cannabis Fuels AAA Pharmaceutical Alternatives’ Transition to Maine’s Adult-Use Market: The Starting Line
Founder Aaron “Roy” Scalia is building on lessons learned as a caregiver in the state’s medical program to serve the broader adult-use market.
Common Citizen to Host Virtual Job Fairs for Michigan Greenhouse Positions
Job fairs seeking candidates for cultivation jobs at state-of-the-art greenhouse.
Hightimes Holding Corp. Signs LOI to Acquire Humboldt Heritage Inc.
High Times will acquire the California-based cannabis holding company and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC.
Charlotte’s Web Reports $18.8M Q4 Loss, Executives Discuss Challenges and the Future
In a recent earnings call, Charlotte’s Web executives discussed a drop in Q4 sales due to regulatory uncertainty, its recent Abacus acquisition and how the coronavirus will impact business.
Jushi Holdings Inc. Provides Shareholder Update on Operations
All stores remain open in Pennsylvania and Illinois, and the company is prioritizing its medical patients and customers most susceptible to COVID-19.
Colorado Department of Revenue Releases Average Market Rates for Retail Marijuana Effective April 1, 2020
Three of the seven AMR categories decreased this quarter, including bud, trim and wet whole plant.
Insurance Tips for Cannabis Businesses in Times of Crisis
Whether cannabis businesses are facing interrupted operations or new risks entirely, there’s a wide spectrum of insurance options to know and understand.
3 Tax Tips for Your Hemp Business
MGO | ELLO’s Sanjay Agarwal shares some guiding principles for hemp operators this tax season, from the structuring of the business to incentives to sell products to a broader global market.
Coronavirus and Cannabis: Assessing the Current Challenges and Long-Term Impacts for the Industry
Joseph Bedwick, co-chair of Cozen O’Connor’s Cannabis Industry Team, outlines some of the broader trends he’s seeing in the market, the frequently asked questions from his clients and what the industry might look like at the end of the global pandemic.
How COVID-19 Is Impacting Public Cannabis Companies
New Cannabis Ventures’ Alan Brochstein offers a breakdown of near-term impacts and opportunities, as well as a longer-term industry analysis.
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