Chris Furnari is an award-winning business writer covering complex and highly-regulated industries. He joined THCnet as editor-in-chief in October 2019. Prior to covering the cannabis sector, he spent nearly a decade as the driving force behind Brewbound, a leading online beer business trade publication.
Furnari also writes about the alcohol business for Forbes. He is frequently tapped to provide commentary on the beer and cannabis industries, and his analysis of industry trends has been referenced by The New York Times, CNBC, USA Today, The Boston Globe, and Cincinnati Public Radio, among others.
Furnari is a proud graduate of Santa Clara University, where he was a two-sport Division I athlete and served as the sports editor of the university's official weekly newspaper.
During a panel discussion at the 2019 MJBizCon event in Las Vegas, three cannabis company founders explained the reasons why they’ve opted to emphasize "effects" to the canna-curious customer just beginning to experiment with THC-and CBD-infused products.
Canopy Growth Corporation today announced that David Klein, the chief financial officer at Constellation Brands, which owns 38% of the Canadian cannabis firm, would take over as its chief executive officer next month.
Federal and state regulators this week clarified rules around banking for hemp-related businesses, paving the way for more financial institutions to back growers and cultivators without filing burdensome paperwork.
Even as major U.S. cannabis companies like MedMen, Pax Labs and others have announced large-scale layoffs impacting hundreds of workers, the U.S. cannabis industry is poised to become a significant jobs creator in the coming years. According to Vangst, a cannabis recruiting agency, the number of available cannabis jobs have increased by 79% over the last year.
A recently formed Washington D.C. trade association founded by a pair of Beltway veterans is hoping to be the voice of hemp industry stakeholders across the U.S. Launched by Chris Thorne and Scott Graves on October 30, the Hemp Federation of America is the brainchild of a small group of hemp farmers, processors and other farm services providers.
Chicago’s Cresco Labs today said it would sell two cultivation and processing properties to Innovative Industrial Properties, and terminate the previously announced acquisition of Florida’s VidaCann Ltd. In a press release, Cresco Labs CEO and co-founder Charlie Bachtell said the moves would add about $158 million to the balance sheet.
The U.S. Food and Drug Administration (FDA) wants cannabidiol (CBD) users to know that the popular additive found in everything from bath salts to beverages could be harmful. On Monday, the agency sent warning letters to 15 companies that it said were illegally selling products containing CBD
In a historic moment, the U.S. House Judiciary Committee on Wednesday approved a bill by a vote of 24-10 that would decriminalize marijuana at the federal level and create a 5% tax on all cannabis products.
In a drastic attempt to lower costs and boost profitability, embattled multi-state marijuana company MedMen will lay off 190 employees and sell its stake in a cannabis real estate investment trust (REIT), among other right-sizing maneuvers.