Nearly 500 Eaze cannabis workers ratified a new three-year contract with United Food and Commercial Workers Union following months of corporate upheaval and wage rug pulls that pushed many employees to the brink. The agreement, announced Friday by UFCW Locals 5, 135, 324 and 770, guarantees fair wages with raises …
Tag: Investing
Michigan to distribute nearly $100M in cannabis tax revenue to municipalities, tribes
This article was reprinted with permission from Crain’s Detroit Business. The city of Detroit, a relatively new entrant into the regulated adult-use recreational market, is set to receive more than $3.14 million in shared marijuana tax revenue from the state treasury. Detroit, which began recreational marijuana sales in 2023, more …
BC Bud Corp. to pivot from cannabis, change name to Digital Commodities
The BC Bud Corp. (CSE: BCBC) announced Friday it plans to transform from a pure cannabis company to an investment firm focused on digital and physical non-fiat assets, cryptocurrencies and resource sector investments. The Canadian-based company will change its name to Digital Commodities Capital Corp. and begin trading under the …
Canadian cannabis sales break half-billion mark in December
Canadian cannabis shops rang up nearly C$500 million in sales last December, capping a year of modest growth for the country’s legal marijuana market. Monthly sales jumped 10% from November to hit C$499.7 million, according to Statistics Canada data. Year-over-year sales increased 11.4% versus December 2023. !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var …