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Industry Headlines: Page 261
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.
How Each Coast Is Treating the Cannabis Industry During the COVID-19 Outbreak
A look at the California and New York approaches to cannabis businesses during a global pandemic.
DEA Advances Efforts to Approve Cannabis Cultivation Applications
The DEA issued a notice of proposed rulemaking to amend its regulations to comply with the requirements of the Controlled Substances Act in an effort to move forward with cannabis cultivation for research purposes.
Nevada Governor Orders All Cannabis Dispensaries to Close Storefronts Amid Coronavirus Outbreak, Although Deliveries Will Be Allowed
Dispensaries were ordered to shut down by midnight on March 20.
Pennsylvania Announces Temporary Changes for Medical Cannabis Patients During COVID-19 Pandemic
The state is allowing growers/processors and dispensaries to remain open under the governor’s order for non-life-sustaining businesses to close.
The+Source Voluntarily Transitions to Medical-Only Cannabis Sales at Las Vegas Dispensary Locations
The company will temporarily halt adult-use sales as an additional safety measure for its patients amid the COVID-19 outbreak.
Delivery Services Rapidly Increase Sales During Coronavirus Outbreak
TILT Holdings and fully owned subsidiary Blackbird report a 400% increase in delivery sales over the past week.
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.
Last Prisoner Project Launches ‘Decarcerate Now’ Petition to Clear Jails of Inmates Convicted of Cannabis Offenses
The petition is part of a broader public health effort to remove inmates from overcrowded, unsanitary prisons amid the coronavirus outbreak.
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.
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.
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