Cannabis Daily News
Cannabis Daily News · page 31
- Markets & Stocks
Uber, Tokyo Smoke – compliance update
Earlier this week, there was news that Uber Eats had teamed up with Tokyo Smoke to allow for in-app, click-and-collect purchases in Ontario.
- Adult-Use
Will US stores see a cross-border shopping boost?
Now that the borders are open to international travelers, some adult-use cannabis store operators say they’re seeing a boost in the numbers of shoppers coming from abroad, reports MJBizDaily.
- Adult-Use
Is the South the next cannabis frontier?
America’s largest cannabis companies are setting up shop in the American south, reports Forbes, with Jushi’s CEO Jim Cacioppo calling it the “biggest frontier in cannabis.”
- Cannabis Daily News
Despite subsidies, Canadian cannabis suffered significant job losses
Canadian cannabis companies qualified for more than CAD $180 million in federal government subsidies designed to retain jobs through the pandemic, but that didn’t save more than 6,000 jobs that have been lost since early 2020, according to a report by MJBizDaily.
- Cultivation
Is there an ROI for LPs M&As?
It’s been a big year for consolidation among the biggest players in Canada’s cannabis industry, but efforts to grow market share and revenues through M&A have not been fruitful so far, reports the Globe and Mail.
- Hemp Industry
A sneak peek at the Republican-led States Reform Act
The States Reform Act hasn’t been introduced yet, but thanks to Insider, we can take a closer look at what’s being proposed in South Carolina Rep.
- Cultivation
Inside the massive illicit cannabis market in ‘Tokelahoma’
Oklahoma’s free market approach to medical cannabis may have backfired, reports Politico, where authorities say they’re overwhelmed by the number of illicit cultivators and dispensaries operating in the state.
- Adult-Use
Warren pressures Biden on cannabis pardons
Massachusetts Senator Elizabeth Warren sent a letter to President Biden on Tuesday reminding him of his campaign promise to pardon federal non-violent cannabis convictions, reports The Hill.
- Adult-Use
Seth Rogen, Sarah Silverman come out swinging for legalization
The cannabis industry has joined forces with celebrity stoners Seth Rogen and Sarah Silverman for a compelling series of videos urging Congress to legalize cannabis.
- Adult-Use
The States Reform Act is a long shot, but we’ll take it
There is more bad news from Quebec-based HEXO, who has announced that it is shuttering three production facilities — two in Ontario, one in Nova Scotia — two of which were only acquired in the last year or so.
- Adult-Use
Why Asian-Americans in cannabis are trailblazers
Cannabis has been a traditional Asian medicine for a thousand years, reports the Guardian, but many Asian-American families disapproved of its use in the prohibition era.
- CBD Market
A look at cannabis pricing in the US and Canada
When it comes to cannabis prices, they are as crucial to the shopping experience for consumers as any other consumer packaged goods, according to a new report by Deloitte.
