COVID-19 Archives - Page 6 of 9 - Cannabis Business Executive - Cannabis and Marijuana industry news

Cannabis employees are in high demand during economic crash

Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars. Weed businesses around the country that were in strong financial shape heading into the pandemic are hiring additional workers in response to robust…

Essential and Rigorous: Why Cannabis Will Emerge Stronger Post-Covid

COVID-19 continues to wreak havoc across all sectors of the economy and businesses are struggling through unprecedented disruption. The cannabis industry is not an island—we’ve been heavily disrupted too. We are concerned about supply chain, short- and long-term impact on…

Massachusetts marijuana delivery license applications on track to launch in May, reserved for economic empowerment and social equity applicants

Massachusetts marijuana companies are getting closer to being able to offer delivery of retail cannabis, as some state regulators on Thursday said they believe delivery is a priority during the ongoing COVID-19 crisis. But one commissioner said she was concerned…

Minnesota legislative leader introduces marijuana legalization bill

A bill that would legalize cannabis for adult use in Minnesota was introduced Tuesday. Authored by House Majority Leader Ryan Winkler (DFL-Golden Valley), the bill would allow for possession and consumption of cannabis by those 21 and older. Winkler, an…

Marijuana Testing Lab CannaSafe Expands Footprint Despite Pandemic

The coronavirus pandemic hasn't hindered one cannabis testing lab's plans for expansion. California-based CannaSafe is expanding to locations in Oregon, Florida, and Illinois in an effort to bring its testing services and expertise to new markets despite the ongoing crisis.…

Oklahoma cannabis industry smashes record monthly sales number in April

Roll aside, toilet paper. Oklahomans rushed to purchase another product in record volume last month, as medical marijuana dispensaries logged enough sales to spike tax collections by more than 25%. According to the Oklahoma Tax Commission, dispensaries remitted almost $9.8…

‘Local cannabis companies face extinction;’ Recreational marijuana businesses plead with Mass. lawmakers for state loan program amid pandemic

It took almost two years for Massachusetts marijuana company T. Bear, Inc., to receive approval to commence operations, which finally came down on March 20, recounted owner and CEO Angela Brown. That approval authorized the East Wareham company to start operations on March…

Illinois legal weed sales during the first full month of coronavirus lockdown amount to almost $37.3 million

Legal weed sales during Illinois’ first full month of coronavirus lockdown amounted to almost $37.3 million, surpassing every month of recreational marijuana sales in Illinois so far except January. Dispensaries have been allowed to stay open during Gov. J.B. Pritzker’s…

Connecticut’s recreational marijuana legalization efforts in limbo

his year’s canceled legislative session prevented the General Assembly from voting on many hot-button issues — including potentially making Connecticut the 12th state to legalize recreational marijuana sales. In early March, Gov. Ned Lamont gave his full support for adult-use…

What the Cannabis Industry’s Overnight Transition Teaches Us About the New Retail

From changing product preferences to compassionate pricing policies The Covid-19 outbreak upended daily business operations and consumer habits in nearly every industry. In the world of legal cannabis, restrictions on business and travel are creating seismic shifts that could potentially…

Coronavirus in Oklahoma: Marijuana dispensaries roll without a rescue

No federal help is on the way for medical marijuana businesses, so the fledgling industry in Oklahoma is finding its own way through the coronavirus pandemic and economic crisis. "We've had to look at taking cost-cutting measures and increasing our…

Medical marijuana industry booming in Florida during COVID-19 pandemic

Since Florida confirmed its first COVID-19 cases early last month, people are getting more things delivered, from groceries to food, to mixed cocktails to go. And more and more Floridians are having medical marijuana delivered straight to their homes “In…

Cannabis In Colorado Isn’t Like A Normal Business. The Challenges Of Coronavirus Really Drive That Home

In about two hours, Denver Mayor Michael Hancock taught public officials a valuable lesson about the meaning of the word “essential.” When he announced the city’s stay-at-home order on March 23, Hancock said recreational marijuana dispensaries, as well as liquor stores,…

Launch of adult-use marijuana in Maine delayed due to coronavirus, COVID-19 pandemic

April 23, 2020
AggregatedNews
Maine
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The Office of Marijuana Policy (OMP) is postponing the spring debut of adult-use marijuana retail sales in Maine. The OMP says the decision made due to the ongoing coronavirus, COVID-19 pandemic. In a letter to stakeholders, OMP Director Erik Gundersen writes, “Just…

Lebanon Passes Legislation Legalizing Medical Marijuana Cultivation As Economy Struggles Amid Coronavirus Fallout

April 22, 2020
AggregatedNews
Asia
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The Lebanese parliament on Tuesday passed legislation to legalize cannabis cultivation for medical and industrial purposes, a move that was recommended by economic advisers even before the coronavirus pandemic dealt a devastating blow to the Mediterranean nation's struggling economy. Under…