This article was reprinted with permission from Crain’s Detroit Business. Last month, thieves smashed through a bay door of Cloud Industries, a cannabis operator on Detroit’s west side. A reported $500,000 of cannabis plants and equipment was taken … this time. It’s the third break-in at Cloud’s building on Military …
Organigram pins German growth on facility upgrades
Organigram Holdings Inc. (Nasdaq: OGI) is betting on big growth in Germany’s medical cannabis market, executives said this week during the company’s first-quarter earnings call. CEO Beena Goldenberg told analysts that Germany’s medical cannabis market has “grown four times since the announcement last April of the decriminalization of cannabis,” presenting …
Target Feels Pretty: Retailer Adds 2,000+ Beauty Products to Assortment
Target has expanded its beauty assortment with more than 2,000 products and nearly 50 new brands, with prices starting at $1.29 and 90% of the new arrivals priced at less than $20. The retailer is spotlighting the new brands online and with special displays in-store. “We know consumers love shopping …
Cannabis Stock Valuations Reflect No Expectation Of Federal Reform: Study – Benzinga
Which MSOs might benefit from Florida’s legalization ? How could Texas expansion impact Cresco ? What risks do cannabis operators face with 280E tax ?