Day: March 4, 2021

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CONTACT INFORMATION: Custom Cones USA 360-335-3938 contact@customconesusa.com  RELEASE DATE: March 5, 2021  CUSTOM CONES USA Dateline: [FIFE, WASHINGTON, March 2021] — In an ongoing effort to have the most comprehensive selection of cones, tubes, industrial machines, and packaging for the pre-roll sector of the hemp and cannabis industry, Custom ConesContinue Reading

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Schwazze, a Denver-based vertically integrated cannabis operator, said it has acquired the five remaining Star Buds retail outlets in Colorado for $72.3 million, including $27.5 million in cash. With the acquisition, Schwazze, formerly Medicine Man Technologies, now owns and operates all 13 Star Buds locations in Colorado. The terms ofContinue Reading

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(A version of this story first appeared at Hemp Industry Daily.) Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million. The marijuana business was started by Charlotte Web’s founding company, Stanley Brothers USA Holdings. TheContinue Reading

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Las Vegas offers drive-thrus for alcohol, gambling, weddings and peep shows, and now the tourist mecca is allowing cannabis stores to offer the service. The Las Vegas City Council voted 6-0 on Wednesday to rescind a citywide restriction on marijuana retail drive-thru operations, the Las Vegas Review-Journal reported. Marijuana businessContinue Reading

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Kelowna, British Columbia-based GTEC Holdings reported net income from operations of 282,000 Canadian dollars ($223,600), reversing a net loss of CA$8.3 million in the previous year, according to full-year and fourth-quarter results released Wednesday. GTEC’s net revenue for the year was CA$7.9 million, a substantial increase from 2019’s CA$2.4 million.Continue Reading

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Loyalty programs, long a staple of consumer marketing strategies, have found a place among regulated cannabis retailers in the United States and Canada. By offering perks such as discounts, points, special offers and new-product notifications, retail operators say loyalty programs can be a useful tool for: Boosting basket sizes. IncreasingContinue Reading