Marijuana Business News

Synonyms: 
stocks
business
Fri
18
Sep

Will These Pot Stocks Start To Pick Up Momentum?

2 Top Marijuana Stocks To Watch For 2020

Fri
18
Sep

Dominion strike leaves central Newfoundland shoppers with no cannabis retailer

The almost four-week-old Dominion strike is turning into a major buzzkill for cannabis enthusiasts in central Newfoundland, who have been left with no retail outlets for miles.

Dominion was granted the only two initial retail licenses for cannabis sales in the central part of the province, and the store's contract dispute with Unifor Local 597 has led to the closure of both establishments — as well as eight others across the province.

"It's just a big bummer all around, really," said Jennifer Warren, a resident of Gambo. "You gotta order stuff online — and with COVID, too, the mail thing slows everything down."

Warren says cannabis is part of her daily routine with her boyfriend, but ordering by mail is just not the same.

Thu
17
Sep

Ontario Cannabis Store distribution centre opens in Guelph

A brand new facility responsible for receiving and distributing Ontario's cannabis has opened its doors in Guelph. 

While the facility has not been formally announced, Ontario Cannabis Store has already started recieving product, according to Daffyd Roderick, a spokesperson for the store. 

Roderick said the Ontario Cannabis Store sold 14 million grams of cannabis to Ontario's licensed retailers last quarter, flowing through their current distribution centre in Oakville.

The new distribution centre will be "the logistical hub that supports the cannabis sector in Ontario," Roderick said.

Wed
16
Sep

This Presidential Election Could Change The Game For Marijuana Stocks

Will These States Legalize Cannabis in 2020?

Wed
16
Sep

How To Battle Animal & Mold Infestations in Outdoor Cannabis Grows

All outdoor marijuana crops have the potential to be destroyed by one or two of the various problems lurking in the wilderness, unlike indoor growing where plants are protected. In checking on the crop, make sure to keep an eye on the little details that will spell trouble later. There are a few different things to look for:

Wed
16
Sep

Province moving its Ontario Cannabis Store distribution centre to Guelph

Guelph will soon be home to the provincial distribution centre for legal cannabis.

The Ontario Cannabis Store (OCS) distribution centre is relocating to Guelph from its Oakville location as the cannabis industry rapidly grows. 

“We have begun the process and we are looking to have the Guelph facility operational in early October,” said Daffyd Roderick, senior director of communications and social responsibility for OCS. 

“It will be running the exact same service. It’s just a much larger facility.”

Exact location and size of the facility were not revealed.

Wed
16
Sep

Pot producers including Canopy sued for $500M over supply dispute

A dispute over cannabis supply contracts has spilled over to an Ontario courtroom, with a group of cannabis producers including Canopy Growth Corp. being sued for $500 million in damages by a group of shareholders behind a Leamington, Ont.-based greenhouse facility. 

The lawsuit alleges that Canopy Growth, the firm's venture arm Canopy Rivers Inc., as well as TerrAscend Corp. and its Canadian subsidiary, have committed “bad faith, fraud, civil conspiracy, breach of the duty of honesty and good faith in contractual obligations, and breach of fiduciary duty,” according to court documents. 

Tue
15
Sep

Martha Stewart-branded CBD gummies arrive in crowded market

Canopy Growth Corp. and Martha Stewart are starting their joint bid to break into the CBD market, betting that curated flavors and her celebrity name will bring the ingredient to a new demographic.

Use of CBD, which companies promote as a natural way to mitigate anxiety or manage pain without the high produced by cannabis, has exploded in recent years as attitudes shifted on marijuana and associated products. There are currently around 3,000 brands in a market that Canopy Chief Executive Officer David Klein predicts will reach $10 billion in annual sales in the U.S. by 2023.

Mon
14
Sep

A U.S. Marijuana Stock Versus a Canadian Marijuana Stock

Which of These Pot Stocks to Watch is Showing the Most Momentum?

Mon
14
Sep

How Barcode Labeling Improves Traceability & Security

One of the biggest challenges that cultivators, processors and distributors face in doing business is the requirement to track the product at every step in the production process, from seed to sale. When you add the wide range of label sizes and requirements across the supply chain, labeling can feel overwhelming. While business systems such as METRC, BioTrack, MJFreeway and others are key, integrating accurate and secure barcode labeling with those systems will streamline the end-to-end process while meeting traceability requirements. Here are some things to consider, no matter what role in the cannabis supply chain you play.

Pages

Subscribe to RSS - Marijuana Business News