Tag Archive: cannabis
Aphria Posts Increase In Adult-Use Sales, Names Simon As Permanent CEO
Canadian cannabis company Aphria saw a marked increase in adult-use sales drive a 9% rise to C$33.7 million ($25.8m) in net cannabis revenues in its second quarter ended in November, compared with the previous three-month period. Continue reading →
Posted in News on January 14, 2020Cresco Closes Origin House Deal, Gaining California Distribution Operation
Cresco Labs’ long gestating acquisition of Origin House has closed, officially making Cresco one of the largest cannabis distributors in California. Continue reading →
Posted in News on January 14, 2020Cannabis Briefs for January 14, 2020
•New York Governor Andrew Cuomo pledged to legalize cannabis this year in his recent State of the State Address. Continue reading →
Posted in News on January 14, 2020Interview, Part 1: Southern Glazer’s Doug Wieland On The Progress Of Cannabis Subsidiary Great North
Southern Glazer’s, through its subsidiary Great North Distributors, has been among the key beverage alcohol players branching into cannabis in Canada’s recreational market. While Canada’s adult-use cannabis category has seen its share of growing pains over the past year—among them oversupply and an uneven retail rollout—Great North and others have been laying the groundwork for future growth. According to Statistics Canada, adult-use retail sales totaled C$908 million ($690m) from October 2018 through September of last year, with more than 400 brick-and-mortar retailers in operation. Shanken News Daily executive editor Daniel Marsteller caught up with Doug Wieland, president of both Southern Glazer’s Canada and Great North, to get an update on progress. Continue reading →
Posted in News on January 7, 2020Illinois Adult-Use Market Off To A Strong Start
Illinois’ recreational market rocketed out the gate when it launched last week with $3.2 million in first-day sales. Continue reading →
Posted in News on January 7, 2020Harvest Health Names COO, Eyes Acquisition Of Retailer Have A Heart
Harvest Health & Recreation has appointed Ron Goodson as COO, effective immediately. Continue reading →
Posted in News on January 7, 2020
