Month: March 2021 (Page 13)

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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

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Evanston, IL becomes the first US city to use legal market marijuana taxes for reparations towards the Black community. The post Illinois city uses weed sales tax for reparations appeared first on Leafly. Read More: Illinois city uses weed sales tax for reparationsContinue Reading

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Canada’s government is extending a pandemic-related wage-subsidy program that has been tapped by more than a dozen federally regulated cannabis producers. The Canada Emergency Wage Subsidy (CEWS) program, which subsidizes wages for employers that have lost revenue because of the COVID-19 crisis, was set to expire March 13. The programContinue Reading