Business

The cannabis industry’s money problems are starting to produce big casualties

If declining stocks can cost the head of one of the few bright spots in the industry his job, where does that leave the rest of the business of bud?

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Gillette Stadium, home of the New England Patriots, strikes CBD deal 

It’s an unusual move since current NFL rules prohibit the use of CBD

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Cinnabon sues vape company LiquidChronic

The cinnamon bun conglomerate alleges LiquidChronic has besmirched the company’s good name by releasing a “cinnabon-flavoured” vape cartridge

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Cannabis vape giant Pax lays off a quarter of its workforce

A Pax spokesperson blamed the layoffs on “evolving business priorities” and declining sales

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IRS preparing “tsunami” of audits of California weed industry

“It’s going to be low and slow, but deep”

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Three in five people who visit cannabis dispensaries are first-timers

But according to Zenreach Walk-Thru data, only 40 per cent are repeat customers

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