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Marijuana retailers report robust sales from 4/20 weekend

Most regulated marijuana retailers across reported brisk business on April 20 and, perhaps more importantly, no e-commerce setbacks.
Marijuana retailers report robust sales from 4/20 weekend is a post from: MJBizDaily: Financial, Legal & Cannabusin…

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Cresco Labs cannabis cultivation employees in Massachusetts ditch union

Employees at a Cresco Labs cannabis cultivation facility in Fall River, Massachusetts, voted to de-unionize earlier this month.
Cresco Labs cannabis cultivation employees in Massachusetts ditch union is a post from: MJBizDaily: Financial, Legal & C…

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Cresco Labs cannabis cultivation employees in Massachusetts ditch union

In a reversal for organized labor after years of positive momentum in the regulated marijuana industry, employees at a Cresco Labs cannabis cultivation facility in Fall River, Massachusetts, voted to de-unionize earlier this month.
Cresco Labs cannabis…

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Marijuana operators aim to mitigate 4/20 online outages this year

As the marijuana industry gears up for the biggest sales day of the year, retailers, point-of-sale (POS) and e-commerce service providers are working to avert another online disaster.
Marijuana operators aim to mitigate 4/20 online outages this year is…

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280E, new markets and wholesale revenue highlight cannabis earnings season

Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
280E, new markets and wholesale revenue highlight cannabis earnings season is a post from: MJBizDaily: Financial, Legal & Cannabusin…

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Cresco posts $180 million full-year net loss as it looks to new cannabis markets

Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse.
Cresco posts $180 million full-year net loss as it looks to new cannabis markets is a po…

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Marijuana MSO Cresco Labs files $1 billion shelf prospectus

Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities over the next 25 months. Cresco is the latest cannabis company to file a large so-called shelf registration as the investmen…

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Cannabis MSO Cresco prices Canadian share offering to raise $125 million

Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars ($12.56) per share. The offering of Cresco’s Canadian subordinate voting shares was…

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Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida

Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an all-stock transaction in a move to expand into Florida’s fast-growing medical cannabis market. Bluma, under its operating su…