LATEST ARTICLES

Update: Cannabis Event Changes and Cancellations Due to Coronavirus

Cannabis-Event-Changes-2020-Coronavirus-mg-magazine-mgretailer-cannabis-news
As the Coronavirus (COVID-19) outbreak continues to spread across the globe, there have been over 118,000 cases and more than 4,000 deaths attributed to the virus. Of the nearly 1,000 confirmed cases in the United States, thirty have thus far been fatal. In response to the pandemic, many governments and companies have been closing tourist attractions and cancelling events...

Social Media Marketing: How Cannabis Companies Reach the Masses

div.td-post-featured-image {display: none !important} The late, great screenwriter and novelist William Goldman famously quipped, “Nobody knows anything... Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” Much the same is true with social media marketing: Nobody knows anything, and...

6 Strategies to Consider Before Slashing Prices

Throwing a life rope buoy to a drowning person holding a hand above water.
In an unpredictable economic climate, savvy retailers are constantly challenged to innovate and adapt, finding fresh strategies to remain resilient as consumer confidence retreats. Deep discounts are among the easiest and fastest ways to pull customers into stores, but slashing prices in tough times is a lot like drinking ocean water to quench one’s thirst—your stomach or cash register...

Indiva Files Amended, Restated Offering and Announces Private Placement of $4.3M

Indiva logo
LONDON, Ontario -- Indiva Limited, a leading Canadian producer of cannabis edibles, has filed an amended and restated offering document dated February 28, 2024, in connection with its previously announced non-brokered private placement (the "LIFE Offering") pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, previously announced on January 22, 2024....

Nabis Advances National Expansion Efforts With Blackbird Acquisition

Nabis logo
LAS VEGAS -- Nabis, a leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, a Nevada-based distribution solution. This transition will bring Nabis’ technology, infrastructure and exclusive brands to Blackbird’s network of Nevada operators and retailers. “Blackbird has done an incredible job of supporting Nevada’s strategically important cannabis market for brand building since the state’s legalization in 2016,...

Samson Extracts Processes Over 1 Million Lbs of Hemp Biomass in 2023

Samson Extracts logo
GENEVA, Ala. -- Samson Extracts, an Alabama-owned and operated manufacturer of bulk CBD products, announced that it processed over one million pounds of hemp biomass in 2023. This milestone achievement places Samson within the top ten hemp processors by biomass extraction volume in the United States, with the company’s full spectrum CBD distillate (FSD) distributed nationally to many of...

Python Industries: Cannabis Business Profile

Python Industries logo
Python Industries has been manufacturing innovative cannabis trimming equipment for ten years, beginning as Tom’s Tumble Trimmer with a full lineup of bladeless tumblers invented by Tom. The popular TTT1900 tumbler is still popular among home growers, but the company's full line of industrial equipment also meets the post-harvest production needs of multistate operators. Python Industries supplies automated sorters, giant kief...

86% of Employers Plan to Hire More in 2024, but Benefits, DEI Declining

young woman with modern red suit sitting for a job interview white chairs brown leather business bag
DENVER – Following two years of radical corporate downsizing as consumers returned to pre-COVID spending levels and investment dollars evaporated, the cannabis industry is poised for a strong hiring upswing in 2024, according to a new salaries-and-jobs report. Wages are on the rise, too, according to the report. Despite cutbacks, top-level salaries rose 4.7 percent in 2023, compared to an...

IIP Reports Fourth Quarter and Full-Year 2023 Results

Innovative Industrial Properties logo
SAN DIEGO -- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, announced today results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Generated total revenues of approximately $309.5 million, representing an increase of 12% over 2022. Recorded net income attributable...

86% of Cannabis Companies Plan to Hire in 2024

Vangst logo white background vangst in black with orange abstract geometric symbol above the text
DENVER -- Vangst, the leading cannabis industry jobs platform, has released its annual Cannabis Salary Guide, offering fresh insights into hiring plans and salary data. Three major themes emerged from the survey of over 1,000 employers and cannabis workers: A hiring revival is anticipated later in 2024, with 86% of surveyed cannabis companies planning to expand hiring in core areas. High-value employees experienced...

Canadian Gov’t Creates Forum to Discuss Legal Cannabis Industry Challenges

Government of Canada logo
OTTAWA, ON - The Government of Canada legalized recreational cannabis and strictly regulates the cannabis industry, which has led to many economic opportunities and challenges. An efficient and sustainable legal cannabis industry is essential to achieving the objectives of the Cannabis Act, including preventing youth access to cannabis, protecting public health and safety, and reducing criminal activity and the burden on...

Your Packaging Doesn’t Have to Speak in Riddles

DALLe mg magazine
“A riddle wrapped in a mystery inside an enigma.” Sir Winston Churchill’s immortal words often arise in my mind when I’m trying to untangle a particularly perplexing problem. The phrase, which Churchill used to describe the Nazi-Soviet pact at the beginning of World War II, also sometimes surfaces while I’m trying to open one of those consumer product packages cleverly...