LAS VEGAS, April 13, 2020 /CNW/ – PRESS RELEASE – Planet 13 Holdings Inc. (Planet 13), a vertically-integrated Nevada cannabis company, has announced the termination of its definitive agreement to acquire a cannabis sales license and lease for a dispensary in Santa Ana, Calif., from Newtonian Principles. The acquisition was terminated due to unmet conditions in... Read more
California is the largest cannabis market in the U.S., but it also is the state market that arguably has grappled with the greatest challenges since adult-use legalization rolled out there Jan. 1, 2018. With a many-decades-long history of cannabis cultivation and a largely unregulated medical cannabis market that thrived... Read more
California is the largest cannabis market in the U.S., but it also is the state market that arguably has grappled with the greatest challenges since adult-use legalization rolled out there Jan. 1, 2018. With a many-decades-long history of cannabis cultivation and a largely unregulated medical cannabis market that thrived... Read more
After cannabis businesses were deemed essential in nearly every state in which vertically integrated multistate operator Curaleaf operates, VP of Retail Chris Melillo felt a greater responsibility to create a safe environment for the company’s patients, customers and employees. “Everybody’s going through a lot right now,” Melillo tells Cannabis... Read more
As the coronavirus continues to permeate every corner of daily life, it’s led to a crossroads for the newly developing cannabidiol (CBD) industry. At a time when consumers are focusing on their health, searching for anxiety-easing solutions and ramping up their self-care routines in quarantine, CBD seems perfectly situated... Read more
Prior to the domestic outbreak of COVID-19, the U.S. cannabis industry was in the midst of a liquidity crunch. Publicly traded companies experienced falling stock prices in multiple phases throughout 2019 and Q1 2020. Companies depleted available operating cash faster than could be replenished, with ever fewer capital sources... Read more
While many U.S. states have issued guidance to address the COVID-19 pandemic, Dr. Anthony Fauci, the nation’s top infectious disease expert, told CNN last week that the governors who have not issued statewide stay-at-home orders “really should” take action to slow the spread of the virus. President Donald Trump,... Read more
Prior to the domestic outbreak of COVID-19, the U.S. cannabis industry was in the midst of a liquidity crunch. Publicly traded companies experienced falling stock prices in multiple phases throughout 2019 and Q1 2020. Companies depleted available operating cash faster than could be replenished, with ever fewer capital sources... Read more
Prior to the domestic outbreak of COVID-19, the U.S. cannabis industry was in the midst of a liquidity crunch. Publicly traded companies experienced falling stock prices in multiple phases throughout 2019 and Q1 2020. Companies depleted available operating cash faster than could be replenished, with ever fewer capital sources... Read more
Prior to the domestic outbreak of COVID-19, the U.S. cannabis industry was in the midst of a liquidity crunch. Publicly traded companies experienced falling stock prices in multiple phases throughout 2019 and Q1 2020. Companies depleted available operating cash faster than could be replenished, with ever fewer capital sources... Read more