So, there you are, pondering your finances, there are many expenses and costs that go into running your business and when your budget is already tight, should you add or increase training to the expense list? Why frustrate yourself, looking for ways to train people, when you could be focusing on things like technology, product development or sales that help with business growth?

We all know that product development and sales are important. But what differentiates training from other expenses is that while on the surface training might appear as an expense, it’s not.

While most investors tend to only focus on the most popular three or four marijuana stocks by market cap, the cannabis industry is full of potential. This potential goes all the way from the top down in terms of market value. But, finding that value amidst so many pot stocks to watch can at times be challenging. With a careful insight into how these pot stocks work, it can be easy to find the right marijuana stocks to watch.

Between the black market and Alberta Gaming, Liquor and Cannabis (AGLC), retailers in Alberta are having a difficult time staying afloat.

A committee made up of retailers, developers and experts in the field, Alberta Cannabis Council is trying to work with the Province and AGLC to move the industry forward.

However, there are road blocks in place for the retailer making the industry stall, says John Carle, executive director for Alberta Cannabis Council (ACC).

“We’ve actually seen the black market become embolden since cannabis was legalized,” Carle said.

The ACC says roughly 70 per cent of pot sales in Alberta are through illegal means, such as third party websites who claim delivery.

Legal cannabis stores in B.C. are now able to have transparent street-front windows, the government announced June 18.

Previously, to the chagrin of many cannabis retailers, all exterior storefronts had to have at least translucent glass so no one from the public could see inside.

The requirement for non-transparent windows also rankled municipal politicians in cities such as New Westminster, where there were bylaws that required all retailers to have transparent exterior windows.

The requirement put cannabis retailers in the Catch-22 situation where in order to conform to city bylaws, they had to break provincial law; and in order to conform to provincial law, they had to break city bylaws.

Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer.

The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.

Hexo determined that it no longer expected to restart operations, which it halted in November 2019, due to an excess of cultivation capacity in the market, forecasted demand for cannabis products and expected market development.

The sale of the Niagara facility included land and greenhouse facilities, as well as certain equipment.

The company says it expects to use the proceeds to fund additional expansion of its Belleville, Ont., facility and for working capital and other general corporate purposes.

The chief executive officer of Canopy Growth said this week he expects the United States will legalize recreational marijuana at the federal level in 2022.

Speaking to CNBC’s Jim Cramer on his show Mad Money, David Klein said that the growing number of U.S. states legalizing weed will inevitably lead to broader support in Congress that will, in turn, eventually force lawmakers to remove cannabis from Schedule I of the Controlled Substances Act.

The City of Saskatoon’s Planning, Development and Community Services Committee has unanimously recommended that cannabis retailer license fees be reduced from the current $20,000 to $4,500 when the SLGA begins accepting new applications for stores in September.

Subsequent business license renewals are expected to remain at $85 annually. To date, $120,000 in revenue from business licensing fees has been received.

Every day, people across the United States demonstrate how legal cannabis could save the nation’s economy from the virus-caused downtown. They do so by buying record amounts of weed.

Aurora Cannabis Inc. says co-founder Steve Dobler will retire as president and as a director of the company at the end of the month.

Dobler has held the roles at the cannabis company since December 2014.

With the retirement of Dobler, the board will have nine directors.

The move follows the departure of founder Terry Booth, who stepped down as chief executive earlier this year.

Aurora announced in February that it was taking $1 billion in writedowns and would lay off 500 employees as part of a shakeup to its spending plans.

For cannabis marketers, generating mass awareness is far more difficult than it is for marketers in traditional consumer goods.

Cannabis marketers must navigate scores of disparate regulations that limit where, how, and who they can target with their message. This creates a serious challenge for brands that aim to move the needle on awareness or ad recall. 

However, recent shifts in consumer interest and supply and demand dynamics due to shelter-in-place orders have created an environment where cannabis marketers have a unique opportunity to generate brand awareness more efficiently than ever before.