Sat.Feb 08, 2020 - Fri.Feb 14, 2020

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Supreme Cannabis layoffs: A deeper look

Cannabis Life Network

The Supreme Cannabis Company (TSX:FIRE) became the latest Canadian cannabis producer to announce layoffs Tuesday – an epidemic of cost cutting measures spreading across an industrial environment full of well-backed cultivators who have all struggled to turn a profit.

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Report: Marijuana and Real Estate: A Budding Issue

Cannabis Law Report

Residential practitioners are navigating an environment of marijuana being used within rental properties, homeowner associations creating rules about consumption and growth, and title questions selling a home where the product has been grown and consumed.

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NCIA Press Release: Cannabis Industry Professionals Call on Senate Banking Committee Chairman to Move Forward with House-Approved Banking Reform

Cannabis Law Report

businesses will continue to operate in a cash environment that endangers employees and the public,” the letter continues. Every day that we wait is another day that our employees and the members of the public who patronize our businesses are at risk of robbery and assault because we operate in an all cash environment.

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Where Does California’s $635M in Marijuana Tax Money Go?

Marijuana Lawyer Blog

Since its passing in 2016, Prop 64 has earmarked its entire cannabis industry tax revenue, minus regulatory costs, to supporting public health, repairing the environment, and bettering public safety. And tax dollars collected from the cannabis industry are already showing great impact across a variety of sectors.

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Aurora Report $US980 million net loss

Cannabis Law Report

Subsequent to the quarter end, the Company made several decisions designed to strategically transform its operations and provide financial flexibility in response to a changing market and regulatory environment, while supporting its long-term growth: Announced CEO succession plan and expansion of the Board of Directors.