The United Food and Commercial Workers Union (UFCW) is claiming victory in a lengthy dispute with three California companies over employee wages at two cannabis shops that changed ownership hands multiple times in 2020. California’s Local 5 of th…
Recreational Marijuana News
California marijuana firm Harborside, co-founder Steve DeAngelo cut ties
One of the most high-profile marijuana businessmen in the industry, Harborside co-founder Steve DeAngelo, is no longer formally affiliated with the Oakland, California, company he helped start in 2006. Neither Harborside nor DeAngelo gave any specific …
Aurora Cannabis breach exposes personal data of former, current workers
A data breach at Aurora Cannabis has exposed the personal information of an unknown number of the company’s current and former employees, Marijuana Business Daily has learned. An email sent to a victim of the data breach cites a Dec. 25 “cy…
Illinois on pace to surpass $1 billion in cannabis sales for 2020
Despite 2020’s major challenges, cannabis businesses in Illinois are expected to post sales totaling more than $1 billion for the year. And 2020 was only the first year of operation for the state’s legal recreational cannabis program.
Illinois on pace …
Lack of standards, dubious business practices threaten to upend cannabis testing industry
A lack of standards in cannabis testing results is plaguing the industry. Some business owners are shopping around for labs that will give them the results they want to see, while others are sending in adulterated samples. And testing labs are being sh…
Marijuana growers look back on a year that saw a pandemic, wildfires, extreme weather and more
Recreational cannabis growers in mature markets faced an onslaught of challenges in 2020. From wildfires to early freezes to a global pandemic, they had their work cut out for them.
Marijuana growers look back on a year that saw a pandemic, wildfires, …
In reversal, L.A. says no enforcement against nearly 60 marijuana firms with expiring permits
Los Angeles marijuana industry regulators have given at least 57 companies a new lifeline, only days after saying the licensed businesses in question won’t be allowed to conduct any commercial cannabis activity after New Year’s Eve. In an e…
Heritage Cannabis to acquire concentrate producer Premium 5
Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…
Heritage Cannabis to acquire concentrate producer Premium 5
Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…
Heritage Cannabis to acquire concentrate producer Premium 5
Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…