One of the largest cannabis companies in the world, Canopy Growth, is restructuring its overseas operations by laying off 15% of its workforce in Latin America, reflecting the slow pace at which revenue-generating opportunities and regulatory structures are evolving in the region. Though the layoffs account for a tiny fraction of theContinue Reading
To help expand its national footprint, multistate marijuana company Vireo Health International has hired Bruce Linton, one of the biggest names in the cannabis industry and former leader of Canada’s Canopy Growth until his surprise firing in the summer. It’s a high-profile hire for the U.S. cannabis industry, one thatContinue Reading
Illinois awarded three more medical marijuana retailers licenses to sell recreational cannabis, including two in Chicago. There are now 14 medical marijuana dispensaries in Illinois that can sell recreational cannabis when legal sales begin Jan. 1, the Chicago Tribune reported. Illinois hands out three more adult-use cannabis licenses, two inContinue Reading
Forget Champagne Papi. Here comes Cannabis Papi. The post Drake is launching a Canadian cannabis brand appeared first on Leafly. Read More: Drake is launching a Canadian cannabis brandContinue Reading
Ontario government approves new, more convenient cannabis shopping options. The post Click-and-collect, farm-fresh cannabis coming to Ontario appeared first on Leafly. Read More: Click-and-collect, farm-fresh cannabis coming to OntarioContinue Reading
Colorado’s prohibition on publicly traded cannabis companies and limits on out-of-state investment were officially lifted at the start of this month, heralding a new era of growth in the state’s industry — and potentially one of further corporate consolidation. The changes went into effect on Nov. 1, under emergency rules issued byContinue Reading
Which came first? Poor paths to profitability for North American cannabis companies or limited funding for them to build their businesses? The reality: It’s a bit of both. Funding opportunities for marijuana firms do exist, but investors are increasingly unlikely to lend if cannabis companies cannot meet their revenue and profitability targets.Continue Reading
In recent years, one of the most exciting things for me to work on has been whittling down the thousands of varieties of marijuana grown outdoors in California in a given year to find the top of the pack. I’m looking for where the real magic happens: when great genetics areContinue Reading
Ontario’s government is still not releasing key details on when it will significantly expand the number of adult-use cannabis stores, while a new analysis suggests the slow rollout of storefronts has already cost the province’s fledgling industry about 325 million Canadian dollars ($246 million) in foregone revenue. In the EconomicContinue Reading
Good Girls Get High is a movie starring two socially deprived teenagers who smoke a joint and go on unrealistic adventures. Here’s why it sucks. The post Why ‘Good Girls Get High’ is a bad movie appeared first on Leafly. Read More: Why ‘Good Girls Get High’ isContinue Reading
