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The Rise and Fall of MedMen Shows that the Cannabis Industry is Full of Lessons. But is Anyone Actually Learning?

World NewsNewsLegislationLegalizationInvestingBusiness The rise and fall of MedMen shows that the cannabis industry is full of lessons. But is anyone actually learning? Author of the article:Anisha Dhiman Showgirls hold cannabis flowers during the grand opening of MedMen in Las Vegas in 2018. BRYAN STEFFY/GETTY IMAGES FOR MEDMEN Grand Opening Of MedMen Downtown Las Vegas LAS VEGAS, NV - JULY 18: Showgirls hold cannabis flowers during the grand opening of MedMen Downtown Las Vegas on July 18, 2018 in Las Vegas, Nevada. (Photo by Bryan Steffy/Getty Images for MedMen)

Article by Anisha Dhiman, Regina Leader-Post Craig Wiggins, co-founder of The Cannalysts, is direct and forthright when he likens the cannabis industry to the opening of Saving Private Ryan: “Only a few successful companies will make it off the beach.” For the longest time, it was thought that MedMen, a chain of cannabis dispensaries from California, wasn’t just one of ...

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Cocoa Cannabis vs. COVID: Calgary Chocolatier Leaps Pandemic Hurdles

CANNABIS BUSINESS Cocoa cannabis vs. COVID: city chocolatier leaps pandemic hurdles By Bill Kaufmann Wabi Sabi Brands Inc. President and CEO Todd Pringle and Quality Assurance Manager, Anu Bernier with some of their edible chocolate samples soon to be made with cannabis in Calgary on Thursday, May 7, 2020. Darren Makowichuk/Postmedia

Article by Bill Kaufmann, Growth Op When COVID-19 slammed shut the Canada-U.S. border, it threatened to isolate Todd Pringle’s chances of churning out cannabis-infused chocolate. But on Thursday, the Calgary-based confectioner hurdled that barrier with technology to realize a sweet dream four years in the making. Using laptops, iPads and cellphones, Pringle completed a virtual commissioning of a stainless steel ...

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Class Action Lawsuits Against Cannabis Companies Increase by 116%

CLASS ACTION LAWSUITS AGAINST CANNABIS COMPANIES INCREASE BY 116% MOE SHEIKH ABDIRMAY 9, 2020 FEATUREDMARIJUANA NEWS

Article by Moe Sheikh Abdir, Cannabis Life Network Since legalization, many cannabis companies in Canada saw a rise in their stock price and interest from investors, but recent legal battles have slowed down the growth tremendously. In recent news, some of Canada’s biggest growers (cannabis companies) of cannabis have faced proposed U.S. class action suits following the sharp loss of funds in the stock market for investors. It has ...

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COVID-19: London-Based WeedMD Puts 40 Workers on Leave, Slashes Management Pay

LOCAL NEWS COVID-19: London-based WeedMD puts 40 workers on leave, slashes management pay By Dale Carruthers Lucas Brown of WeedMD harvests just the top buds from their outdoor crop of Ghost Train Haze, a high THC strain of marijuana at their outdoor location just north of Mount Brydges on Thursday October 3, 2019. The heavy top buds are removed first so the plant will put more growth into lower bunches for an overall higher yield. Mike Hensen/The London Free Press/Postmedia Network LFP20191003MH212

Article by Dale Carruthers, London Free Press A Southwestern Ontario cannabis company is putting dozens of workers on paid leave and slashing management pay as it deals with fallout from the COVID-19 pandemic. WeedMD, a licensed producer of medical and recreational marijuana, has put 12 per cent of its staff on temporary paid leave and cut compensation for executives and ...

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Vancouver Police Say No Large 420 Event Planned as Cannabis Celebration Goes Virtual

British Columbia Vancouver police say no large 420 event planned as cannabis celebration goes virtual Social Sharing Annual pot celebration usually draws tens of thousands to Sunset Beach CBC News People celebrate 420 during the annual event at Sunset Beach in Vancouver, on Saturday, April 20, 2019. (Ben Nelms/CBC)

Article by CBC News Vancouver police say while there is no organized event for 420 this Monday, they are monitoring locations where smaller groups of people may gather for the pot celebration despite physical distancing measures in place to curb the spread of COVID-19. Every year, thousands of cannabis enthusiasts light up at the annual 420 celebrations in Vancouver’s West ...

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Health Unit Wants Tokyo Smoke to Change Locations

Health unit wants Tokyo Smoke to change locations Future Nipissing Plaza cannabis store too close to schools, alcohol retailers, it argues Michael LeeMichael Lee More from Michael Lee Published on: February 19, 2020 | Last Updated: February 19, 2020 11:43 PM EST An application is currently underway to open a Tokyo Smoke at this storefront in Nipissing Plaza on Lakeshore Drive. The North Bay Parry Sound District Health Unit has written in opposition to the proposed location, arguing it is too close to alcohol retail outlets and schools. Michael Lee/The Nugget SHARE ADJUST COMMENT PRINT The North Bay Parry Sound District Health Unit has made an appeal to the applicant behind the proposed Tokyo Smoke shop on Lakeshore Drive to have the cannabis store moved to another location away from nearby alcohol retailers and schools.

Article by Michael Lee, The North Bay Nugget The North Bay Parry Sound District Health Unit has made an appeal to the applicant behind the proposed Tokyo Smoke shop on Lakeshore Drive to have the cannabis store moved to another location away from nearby alcohol retailers and schools. In a letter written in mid-December, Healthy Living program manager Chris Bowes ...

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