Marijuana industry layoffs and cost-cutting likely to continue in 2023
2022 saw a wave of layoffs in the cannabis industry. Its pressures are uniquely challenging and there’s no end in sight in 2023.
Marijuana software firm Akerna sells asset for much less than it paid
Marijuana industry software firm Akerna Corp. sold enterprise resource planning software 365 Cannabis back to some of 365’s previous investors in a deal worth roughly $2.8 million, significantly less than what Akerna paid to acquire the company in 2021.
2023 offers business opportunities in several new state cannabis markets
Opportunities in the U.S. cannabis industry continue to expand, despite some notable setbacks in the November 2022 elections and continuing resistance at the federal level to marijuana reform.
Google relaxes some advertising restrictions for hemp, CBD products
Google Ads will no longer ban all hemp and CBD advertising in California, Colorado and Puerto Rico, but there continue to be limitations to marketers.
A visual take on some key cannabis trends in 2022
In the spirit of “a picture is worth 1,000 words,” here are charts and maps that visualize a few of the cannabis industry trends that MJBizDaily saw in 2022.
Chris Walsh stepping down as MJBiz CEO
MJBiz CEO Chris Walsh, the company’s founding editor and a leading authority on the marijuana industry, is leaving the pioneering cannabis publishing and trade show business in January.
How branding is key to success in struggling Colorado cannabis market
As Colorado cannabis companies struggle with a glutted market and the end of the boom times, many marijuana operators who want to stay afloat and succeed are putting a strong focus on branding their businesses and products.
