Ancillary Marijuana Companies News


Massachusetts preparing to allow recreational marijuana delivery

Applications for Massachusetts cannabis businesses that want to deliver recreational MJ will be available later this month, even though adult-use sales are on hold because of the coronavirus pandemic. The state’s Cannabis Control Commission will release license applications on May 28 for businesses hoping to transport marijuana from retailers to residences, Boston.com reported. Deliveries wouldn’t begin until adult-use […]

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Ex-Harborside CEO Berman joins Maine cannabis consulting firm

A former CEO of Oakland, California-based Harborside is joining a marijuana consulting firm in New England as an adviser. Andrew Berman, who served as Harborside’s CEO from January 2018 until October 2019, has joined Maine-based Nucleus One, the firm announced in a news release. During his tenure, Berman oversaw Harborside’s transition to a publicly traded entity. […]

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Marijuana tech firm Omura raises $5 million, adds Linton as adviser

California-based Omura, a marijuana and hemp flower vaporizer company, raised $5 million, with a portion of the funding coming from Bruce Linton, former CEO and founder of Canada’s Canopy Growth Corp. The raise, while not major by cannabis industry standards, is significant during the global coronavirus pandemic when investments are more difficult to secure. Linton, […]

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COVID-19 sharpens focus on digital cannabis marketing in Canada

A captive audience in search of digital distraction, combined with boosted cannabis demand during the COVID-19 pandemic, means Canada’s marijuana businesses have an opportunity to fine-tune their online marketing and branding strategies, marketing experts say. Even though Canadian cannabis producers and retailers are largely excluded from traditional advertising by law, they can nevertheless employ some […]

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MJBizDaily announces furloughs, other steps because of COVID-19

Marijuana Business Daily is temporarily laying off around 30% of its staff and ramping up virtual events in response to the economic and financial fallout caused by the COVID-19 pandemic. The moves are aimed at reducing overall costs amid delayed revenue on the events side of the Denver-based company’s operations and adjusting to near-term uncertainties […]

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Marijuana packaging firm KushCo lays off 49, blames COVID-19

KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, on Thursday said it laid off 49 employees this month as the California company’s CEO noted that “the COVID-19 pandemic creates ever-increasing uncertainty in the cannabis industry.” The layoffs will save the company about $4 million, according to a company news release. Since last […]

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Concerns looming over coronavirus impact on cannabis industry, but some US firms could gain from fallout

Marijuana and hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak. That’s largely because so much inexpensive cannabis hardware is made in China but also stems from the economic shock the virus is inflicting on the world economy, industry […]

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Marijuana information firm Leafly closes Germany operation

Leafly, an online cannabis strain and dispensary guide based in Seattle, closed its operation in Germany, Marijuana Business Daily has learned. The company’s German website – Leafly.de – has been frozen since the end of January. A Leafly spokesperson confirmed the closure to MJBizDaily, writing in an email that the company “has closed its Germany-based operation and […]

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Chart: Cannabis delivery companies adapt strategy to focus on increasing participation by women

As cannabis acceptance becomes widespread, consumer demographics have shifted to include more women, impacting methods used by businesses to reach their target audience. San Francisco-based Eaze, an online cannabis marketplace and home delivery service, reported the number of women participating on its platform increased 81% between 2018 and 2019. That brings the company’s total proportion […]

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