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Green Organic Dutchman shelves large Quebec facility, lays off staff
The Green Organic Dutchman (TGODF) has become the latest large Canadian cannabis firm to shelve one of its greenhouses and lay off staff, continuing a trend that has seen significant facility postponements and workforce reductions across Canada’s marijuana industry. Read on »
Harvest Health, Verano end mammoth marijuana merger
What was one of the largest acquisitions ever announced in the marijuana industry – a deal valued at $850M when Harvest Health & Recreation (HARV) said a year ago it would buy Chicago’s Verano Holdings – has been mutually terminated, the two companies said today. Read on »
From marijuana to hand sanitizer: Cannabis companies pivot to produce, donate essential products for coronavirus fight
Many state authorities have deemed U.S. cannabis companies “essential” businesses during the coronavirus pandemic and allowed them to keep their doors open – and now some marijuana businesses are producing an essential product to help combat COVID-19: hand sanitizer. Read on »
Marijuana businesses are ineligible for coronavirus disaster relief, federal agency confirms
The federal Small Business Administration (SBA) reiterated earlier this week that marijuana companies are not eligible for disaster relief loans to lessen the blow of the coronavirus outbreak. Read on »
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