Tag: CBT > Business Issues/ Benchmarks > Finance: Page 53

Legislation and Regulation
In the Face of Restrictions and Limited Channels, Cannabis Marketers Turn to Out-of-Home Advertising–Here’s the Right Way to Do It
Cannabis brands are faced with significant challenges in their marketing efforts, but out-of-home advertising has emerged as the advertising channel of choice for many businesses.
May 28, 2020
Billboard Advertisements Adobe Stock Credit Nataliya Hora Resized
Finance
Aphria Inc. Announces Move to Nasdaq
The company will continue to trade under the APHA ticker as of Monday, June 8, 2020.
May 26, 2020
Finance
Nevada Dispensary Association Releases Nevada Cannabis Industry 2020 Economic Impact Report, Announces Total Taxable Sales at $692 Million in 2019
The report highlighted the revenues and other important economic effects the cannabis industry has in Nevada in fiscal year 2020, as well as projections going forward.
May 21, 2020
Finance
FSD Pharma Monetizes Non-Core Asset with Sale of Partial Equity Stake in Pharmadrug Inc.
The buyer holds the option to purchase additional shares.
May 21, 2020
Finance
Aurora Cannabis to Strategically Enter the United States with Acquisition of Reliva, LLC, a Mass Retail CBD Platform
The acquisition provides Aurora with a retail hemp-derived CBD brand that is currently sold in more than 20,000 mass retail U.S. locations.
May 21, 2020
Legislation and Regulation
Bipartisan Group of Attorneys General Urges Congress to Include Cannabis Banking Reform in Coronavirus Relief Legislation
Attorneys general for 34 states and territories sent a letter to Senate and House leadership asking them to allow banks to work with the cannabis industry.
May 21, 2020
Us Capitol Building Adobe Stock Credit Pgangler Resized
Interviews & Opinion
The Greenhouse Transitions to Michigan’s Adult-Use Cannabis Market—and to Curbside Sales—as the State Responds to the COVID-19 Pandemic: The Starting Line
Owner Jerry Millen shares how the medical cannabis dispensary in Walled Lake prepared for adult-use sales at the dawn of social distancing, and how the coronavirus has impacted his business plans.
May 21, 2020
The Starting Line Headers Michigan
Finance
Charlotte’s Web Reports a Loss in Q1 as Sales Dip and Expenses Rise
The CBD manufacturer recently reported a loss of $11M for Q1 versus a profit of $2.3M the same time last year as sales take a hit amid COVID-19 and operating expenses rise.
May 20, 2020
Legislation and Regulation
Federal Government Cancels Maine’s Mental Health Grants Due to State’s Medical Cannabis Program
A federal agency has cut $3.3 million in funding because Maine allows students to use medical cannabis.
May 20, 2020
Cannabis Buds Adobe Stock Credit Hanohiki Resized
Finance
The Green Organic Dutchman Inks National Supply Agreement with Medical Cannabis by Shoppers
The strategic relationship provides opportunities for future growth as the Canadian medical market continues to evolve.
May 19, 2020
Finance
The Valens Company Enters Australia’s Cannabis Market with Agreement with Country’s Largest Distributor, Eyes Small-Sized Facility Build Out Down the Road
The agreement provides The Valens Company with strategic access to the second largest cannabis market outside of North America.
May 18, 2020
Finance
4Front Ventures Announces Closings of $5.8 Million U.S. Private Placement and Sale of Non-Core Pennsylvania Retail Assets
The closing of these transactions marks significant progress towards the company's stated objectives of being fully-funded and achieving cash flow positivity in the second half of 2020.
May 18, 2020
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