Booming in some Maine Towns, Weed Shops Struggle to Reach New Markets

Booming in some Maine towns, weed shops struggle to reach new markets

With eight cannabis facilities lining its Main Street, there’s no denying the marijuana industry has grown Presque Isle’s business sector. Now, the city’s first adult-use store wants to enlarge its own footprint.  Full Bloom Cannabis, which launched in 2017 in Grand Isle, recently introduced a second chief executive officer and expanded its Presque Isle site. The company is now pursuing new markets, with the goal of adding two southern Aroostook…

Cannabis Exodus from Public Markets Continues: Celadon Announces Plans to Leave AIM and IMC Fights to Remain on NASDAQ - Cannabis News World

The exodus of listed cannabis companies from the public markets, particularly in the UK, is continuing at pace as yet another medical cannabis operator has announced plans to delist.  The post Cannabis Exodus from Public Markets Continues: Celadon Announces Plans to Leave AIM and IMC Fights to Remain on NASDAQ appeared first on Business of Cannabis.

Cannabis Exodus from Public Markets Continues: Celadon Announces Plans to Leave AIM and IMC Fights to Remain on NASDAQ - Business of Cannabis

The exodus of listed cannabis companies from the public markets, particularly in the UK, is continuing at pace as yet another medical cannabis operator has announced plans to delist.  It comes at a critical time not just for the UK’s cannabis sector, but its economy at large. Against the backdrop of the UK government’s recently released 10-year ‘Modern Industrial Strategy’, in which it set an ambitious goal of becoming Europe’s leading life scie…