Pandemic Pivot

The marijuana industry had barely recovered from the vape crisis of 2019 when the coronavirus pandemic delivered a fateful blow to the world economy in the first quarter of 2020.

North American cannabis companies laid off hundreds of employees up and down the supply chain. Investor funding—already in short supply—all but evaporated. Mergers unraveled. And the marijuana industry was excluded from the U.S. government’s $2…

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Tales and Takeaways from the Frontlines

Mobilization Brandon Wiegand, regional  general manager,  The Source, Las Vegas and Henderson, Nevada It’s not easy to raise a cavalry in a weekend, but that’s essentially what The Source did, thanks to prudent thinking, agility and responsive regulators. When Nevada Gov. Steven Sisolak asked nonessential … [Continue]

Supply Side Struggles

Cannabis companies in the United States started the year scrambling after manufacturing was temporarily halted or limited in China and other countries as authorities worked to reduce the spread of the coronavirus. The pandemic caused factory shutdowns in China, a major source of packaging materials, … [Continue]

Get Your House in Order

Editor’s Note: This item is an excerpt from Marijuana Business Daily’s free report, “Crisis Management in Cannabis.” Click here to download the report.   Marijuana companies face tough financial decisions in times of crisis. Cash is king when business is good, and it’s even more … [Continue]

4 Ways the Coronavirus Will Change the Cannabis Industry

The coronavirus pandemic will pass when people can once again congregate, travel, do business and go back to the way the world worked in 2019. But, as in other sectors, not everything in the cannabis industry will work the way it once did—and some of … [Continue]