Latest News

BC allows cannabis click-and-collect, phone orders to promote social distancing

March 21st, 2020Regulated cannabis stores in British Columbia are now allowed to accept product reservations online and over the phone, as the province looks to support retailers while reducing the amount of time consumers spend in stores amid the COVID-19 pandemic. Dugald Smith, general manager of the Liquor and Cannabis Regulation Branch, notified stakeholders of the policy […]

New Jersey governor deems medical cannabis dispensaries ‘essential’

March 21st, 2020New Jersey became the latest state to classify medical cannabis dispensaries as “essential” businesses when the governor ordered all residents to stay at home amid the coronavirus pandemic. Gov. Phil Murphy issued the stay-at-home order on Saturday, saying residents could venture out for necessary travel, NJ.com reported. Murphy’s declaration also ordered nonessential retail businesses in […]

Amid coronavirus pandemic, California gov classifies cannabis industry as ‘essential’ during state’s effective lockdown

March 21st, 2020Under a clarification document Gov. Gavin Newsom issued late Friday, all licensed marijuana businesses in California can continue with business as usual during an effective statewide lockdown implemented in response to the coronavirus outbreak. The decision to categorize cannabis companies as “essential” in effect provides an economic lifeline to the marijuana industry by allowing MJ businesses to […]

Week In Review: Medical marijuana deemed ‘essential,’ MJ shops see brisk sales amid coronavirus crisis but deal with related business challenges & more

March 21st, 2020States and local municipalities are increasingly declaring that medical marijuana businesses are “essential” operations and can keep their doors open during the coronavirus health crisis. MJBizDaily takeaway: Industry watchers note that as government officials in more areas of the country place MMJ dispensaries in the same category as other essential businesses like pharmacies, this marks a […]

Marijuana industry eyes impact from more stay-at-home orders

March 20th, 2020The governor of Illinois on Friday followed his counterparts in California and New York by issuing a statewide stay-at-home order in response to the growing coronavirus crisis. And it appears that New Jersey and Connecticut may take similar steps, which could leave marijuana businesses in all of those states scrambling to figure out how – […]

Cannabis group urges SBA loans made amid coronavirus crisis

March 20th, 2020A cannabis industry coalition is urging Congress to ensure that state-legal marijuana businesses are eligible for emergency loans from the Small Business Administration during the coronavirus outbreak. The SBA announced earlier this month that it would provide disaster assistance in the form of low-interest loans of up to $2 million each to small businesses affected by […]

California lockdown: Patchwork of emergency orders makes it less clear where cannabis firms can operate locally

March 20th, 2020California Gov. Gavin Newsom’s new statewide stay-at-home order has created even more uncertainty for marijuana businesses in the world’s largest cannabis market, forcing executives to navigate a growing jumble of local rules that may or may not permit MJ companies to operate normally. The order, which was issued Thursday night, doesn’t explicitly address whether cannabis companies […]

MJBizDaily podcast: Alabama may legalize medical cannabis and more

March 20th, 2020Alabama, one of the most conservative states in the country, is moving closer to legalizing medical marijuana. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: Canopy Growth closes corporate stores USDA secretary call the hemp rules a “draft” New York CBD startup delays Canadian IPO on coronavirus issues And more ?? […]

Canada working on action plan against illegal online cannabis sales

March 20th, 2020Canada’s federal public safety ministry is working on a plan to thwart the country’s thriving online market for illegal cannabis, according to a recently-released briefing book for Public Safety Minister Bill Blair. Any clampdown on unlicensed online dispensaries – whether successful or unsuccessful – could have implications for their regulated competitors. A redacted version of […]

Nevada cannabis retailer is latest to offer medical-only sales

March 19th, 2020The Source, with two marijuana locations in Las Vegas, said it is transitioning to medical-only sales for its patients as an additional safety precaution amid the coronavirus pandemic, becoming the latest retailer to do so. The company said in a news release it will temporarily suspend recreational sales “until further notice.” “Together, we can help […]

All PEI cannabis stores to temporarily close; online store remains open

March 19th, 2020All four regulated adult-use cannabis stores in Prince Edward Island on Thursday temporarily closed their doors “until further notice” as part of the province’s measures to contain the spread of the COVID-19 coronavirus. The e-commerce site, which is owned and operated by the province, will continue to process orders, a spokesperson told Marijuana Business Daily. […]

Medical cannabis businesses increasingly deemed ‘essential’ during coronavirus pandemic

March 19th, 2020More states and local officials are declaring medical marijuana dispensaries “essential” services akin to pharmacies. Essential businesses can remain open even as nonessential companies are forced to close to help contain coronavirus outbreaks. Medical cannabis businesses increasingly deemed ‘essential’ during coronavirus pandemic is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for […]