Day: March 26, 2019 (Page 2)

The second-largest beer maker in North America is once again warning its shareholders that the rising tide of legal marijuana could take a bite out of its profits. Denver-based Molson Coors said a decline in the consumption of its products could result in an adverse effect on its business. “AlthoughContinue Reading

Cronos Group, a Toronto-based licensed cannabis party, posted sizable fourth-quarter revenue, the company said in an earnings report Tuesday, but its net loss for the period grew sharply – fueled in large part by financial reporting requirements. Cronos reported fourth-quarter revenue of 5.6 million Canadian dollars ($4.2 million) for the period ended Dec.Continue Reading

Back in the day before adult-use cannabis came to California, the first place we would have sent you was Venice Beach to get your hands on a doctor’s recommendation, but gone are the days where you needed a case of insomnia to get your hands on some legit SoCal OGContinue Reading

Nine months after Oklahoma voters approved one of the most business-friendly medical marijuana initiatives in the country, the number of licenses and patient approvals continue to rise at a feverish pace. Low barriers to entry for both are driving the growth, namely: Businesses have no license caps and a lowContinue Reading