Is Recreational Weed Killing Medical Marijuana? Michigan MMJ Sales Drop A LOT As Rec Sales Boom
Michigan's February medical marijuana sales dropped 61.5% year-over-year to $10.0 million, while adult-use sales improved 60.1% to $206.4 million.
Cannabis Industry Woes: It’s Not Just Skymint, Another 4 Michigan Weed Companies Now In Receivership
Michigan's Skymint is not the only cannabis operator under the control of a receiver, according to Crain’s Detroit Business. At least another four marijuana companies are in receivership.
Atlas Global Brands Makes Changes ‘Not Taken Lightly’ – Reduces Its Workforce By ~20%
Atlas Global Brands Inc. (CSE:ATL) has taken the necessary steps to leverage the combined capabilities across its six businesses following the completion of a business combination, involving Atlas Biotechnologies Inc., AgMedica Bioscience Inc. and Cambrosia Ltd.
Skymint Gets Sued, Cannabis Market In Michigan Affects Several Companies & More
Michigan cannabis operator Skymint is under the control of a receiver, according to Crain’s Detroit Business.
‘Maryland House Advances Bill To Regulate Marijuana Sales As State Prepares For Voter-Approved Legalization’ – Marijuana Moment
https://www.marijuanamoment.net/maryland-house-advances-bill-to-regulate-marijuana-sales-as-state-prepares-for-voter-approved-legalization/
The Maryland House of Delegates has advanced an amended bill to create
IM Cannabis To Reduce Its Workforce In Israel By Up To 25%
IM Cannabis Corp. (NASDAQ: IMCC) (CSE:IMCC) will be reducing its workforce in Israel by 20%-25% across all functions to strengthen its focus on core activities and drive efficiencies to realize sustainable profitability.
‘Hawaii Senate Approves Marijuana Legalization And Psychedelic Research Bills’ – Marijuana Moment
https://www.marijuanamoment.net/hawaii-senate-approves-marijuana-legalization-and-psychedelic-research-bills/
Florida Cannabis Giant Faces Backlash After New Layoffs: Community Outrage And A Corporate Need To Adapt
Only a few days ago, Florida-based cannabis operator Trulieve (OTCQX: TCNNF) fired an unknown number of employees at a customer call center in Clearwater.
‘Colorado Governor Promotes State’s First-Ever Marijuana Vending Machine’ -Marijuana Moment Report
https://www.marijuanamoment.net/colorado-governor-promotes-states-first-ever-marijuana-vending-machine/