Month: May 2020 (Page 14)

Just a few years ago, farmers in the United States were only growing a little more than 9,000 acres of hemp a year. But by 2019, that number had skyrocketed to over 500,000 acres — and much of that growth has been powered by demand for one cannabinoid: cannabidiol (CBD). More and more peopleContinue Reading

The business opportunities in South America for cannabis companies are diverse, given that each country’s market is in a different state of development. To better under the market dynamics, Marijuana Business Daily’s international analyst, Alfredo Pascual, will lead an online conversation on May 12 examining business opportunities in the region’s most prominent markets:Continue Reading

The entrepreneurs behind Boston-based Drizly, which has long specialized in distributing alcohol to consumers, are branching out into cannabis home deliveries through a new company called Lantern. The new service could give its marijuana retail partners an even bigger boost in sales, particularly during the coronavirus pandemic. According to Masslive.com, LanternContinue Reading

The Ontario government has extended an emergency order temporarily allowing privately owned cannabis stores to offer curbside pickup and home delivery. The order proved to be a short-term lifeline for Ontario’s adult-use stores, which were initially included on the government’s list of essential services as the province grappled with theContinue Reading

Financially struggling marijuana technology company MassRoots received a $50,000 loan as part of the U.S. government’s Paycheck Protection Program, securing a cash infusion after earlier indications the money wouldn’t be available to cannabis companies. Denver-based MassRoots, which offers an internet-based forum for cannabis consumers to connect and discuss various marijuana-related topics,Continue Reading