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Acreage Holdings Furloughs Employees, Closes Facilities, Axes M&A Deal Due To COVID-19 Crisis
Acreage Holdings Inc. (ACRGF) became the latest cannabis company today to announce business cutbacks due to the coronavirus pandemic. Read on »
Cannabis REIT to Invest $49 Million in Massachusetts Cultivation and Processing Facility
Innovative Industrial Properties, Inc. (IIPR) announced yesterday that it closed on the acquisition of a property in Athol, Massachusetts, which comprises approximately 199,000 square feet of industrial space. Read on »
800 fired from pot jobs in malls, and other cannabis stories you may have missed
Green Growth Brands (GGB) announced the temporary closure of all its mall-based shops on March 19 to protect workers, as well as the suspension of online CBD sales. As a result, Interim CEO Randy Whitaker said Green Growth Brands terminated 800 jobs. Read on »
New Highs Debuts New CBG Tincture
New Highs has launched a CBG tincture. Designed to deliver targeted relief for pain, inflammation and nausea, the tincture contains one of over 120 cannabinoids: CBG or “Cannabigerol.” Read on »
EcoGen Offers Buyback Program for Farmers Growing the Company’s Hemp Seed
EcoGen is offering a buyback program for farmers who’ve planted the company’s seed and who may end up at harvest without a buyer for all of their biomass. EcoGen is extending an opportunity to sell otherwise unclaimed biomass back to the company for extraction purposes. Read on »
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