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Beset by delays, Canadian CBD drink market looking for expanded future

Beset by delays, Canadian CBD drink market looking for expanded future

U.S., April 6, 2020 (Hemp Industry Daily)- Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based …

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Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall health

Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall health

U.S., April 3, 2020 (Marijuana Business Daily)- The COVID-19 outbreak is causing serious jitters among large cannabis companies, with a growing list of multistate marijuana operators scaling back by laying off workers and shuttering operations in a bid to slash costs. The widespread cutbacks this week by Acreage Holdings, MedMen Enterprises and 4Front Ventures also call …

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Quick guide to federal aid available to hemp businesses impacted by coronavirus

Quick guide to federal aid available to hemp businesses impacted by coronavirus

U.S., April 1, 2020 (Hemp Industry Daily)- Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the …

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