Day: January 8, 2021

Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other legal marijuana markets. Oregon marijuana sales reach record $1 billion-plus in 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Continue Reading

A recent acquisition and restructuring deal using Canadian insolvency law demonstrates that even struggling, deeply indebted marijuana producers can be revitalized, an important development at a time when many Canadian cannabis companies are floundering. Trichome Financial Corp.’s successful stalking horse credit bid for cannabis producer James E. Wagner Cultivation Corp.Continue Reading

Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence in Canada’s largest adult-use marijuana market, the company announced Friday. Canopy currently has 13 Tokyo Smoke locations in Ontario, plus one store under the Tweed banner. Six ofContinue Reading