| Literature DB >> 35997980 |
Tanner Wakefield1, Stanton A Glantz2, Dorie E Apollonio3.
Abstract
Importance: The cannabis industry has sought to normalize itself and expand its markets in the 21st century. One strategy used by companies to generate positive public relations is corporate social responsibility (CSR). It is critical to understand these efforts to influence the public and politicians given the risks of increased cannabis use.Entities:
Mesh:
Year: 2022 PMID: 35997980 PMCID: PMC9399867 DOI: 10.1001/jamanetworkopen.2022.28088
Source DB: PubMed Journal: JAMA Netw Open ISSN: 2574-3805
Overview of the Top 9 Multinational Cannabis Companies in January 2021 According to Nasdaq
| Company | Market capitalization as of November 2021, $1 billion | Headquarters (country) as of 2021 | Year founded | Market sector |
|---|---|---|---|---|
| Curaleaf Holdings Inc | 7.62[ | Curaleaf Holdings Inc[ | 2010 | Recreational and medical dispensaries, manufacturer |
| Innovative Industrial Properties | 6.78 [ | Innovative Industrial Properties (US)[ | 2016 | Real estate for medical cannabis operations |
| Canopy Growth Corporation | 5.99[ | Pitchbook (Canada)[ | 2013 | Recreational dispensaries, manufacturer |
| Green Thumb Industries Inc | 5.79[ | Green Thumb Industries Inc (US)[ | 2014 | Recreational dispensaries, manufacturer |
| Cresco Labs Inc | 4.19[ | Cresco Labs Inc (US)[ | 2013 | Recreational and medical dispensaries, manufacturer |
| Trulieve | 3.96[ | Trulieve (US)[ | 2016 | Medical dispensaries, manufacturer |
| Cronos Group Inc | 2.25[ | CNNMoney.com (Canada)[ | 2012 | Manufacturer |
| GrowGeneration Corp | 1.41[ | GrowGeneration Corp (US)[ | 2008 | Hydroponics supplier |
| Columbia Care | 1.06[ | United States Columbia Care (US)[ | 2012 | Medical dispensaries |
From Google Finance.
Overview of CSR Activities Between 2012 and 2021 Addressing Cannabis Prohibition Harms of the 9 Largest Multinational Cannabis Companies as of January 2021
| Company | CSR activity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Expungement and funding | Scholarships and internships | Business incubators | Postincarceration assistance | Brands with dedicated funding to reform | Donated store opening proceeds to reform | Donated proceeds from wholesale to reform | Hiring initiatives | Job training | Programs with reform focus | Joined trade associations advocating reform | |
| Curaleaf Holdings Inc | Curaleaf Holdings Inc,[ | NA | NA | Curaleaf Holdings Inc, [ | Curaleaf Holdings Inc,[ | NA | NA | Benzinga,[ | NA | Curaleaf Holdings Inc,[ | MENAFN,[ |
| Innovative Industrial Properties | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| Canopy Growth Corporation | Canopy Growth Corporation,[ | NA | NA | NA | NA | NA | NA | NA | NA | NA | MENAFN,[ |
| Green Thumb Industries Inc | GlobeNewswire,[ | GlobeNewswire,[ | Curaleaf Holdings Inc,[ | GlobeNewswire,[ | MENAFN,[ | No author,[ | NA | NA | MENAFN,[ | Green Thumb,[ | NA |
| Cresco Labs Inc | Business Wire,[ | No author,[ | NA | NA | NA | NA | Business Wire,[ | NA | NA | Cresco Labs Inc,[ | MENAFN,[ |
| Trulieve | Trulieve,[ | NA | NA | NA | NA | NA | NA | NA | NA | NA | MENAFN,[ |
| Cronos Group Inc | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | Business Wire,[ |
| GrowGeneration Corp | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| Columbia Care | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | MENAFN,[ |
Abbreviations: CSR, corporate social responsibility; MENAFN, Middle East and North Africa Financial Network; NA, not applicable.
Citations link to company involvement in CSR activity.
Overview of CSR Activities Between 2012 and 2021 Regarding Diversity, Equity, and Inclusion of the 9 Largest Multinational Cannabis Companies as of January 2021
| Company | CSR activity | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Business incubators or business assistance | Scholarships, internships, and college certification programs | Brands with dedicated DEI funding | Donations from limited-edition product sales or product launches | Participation in DEI events | Internal DEI initiatives and policies | CSR programs with DEI focus | Job training | Joined trade associations or corporate pacts promoting DEI | Supplier diversity and business partnership initiatives | |
| Curaleaf Holdings Inc | Curaleaf Holdings Inc,[ | NA | NA | PR Newswire,[ | NA | Curaleaf Holdings Inc,[ | Curaleaf Holdings Inc,[ | NA | NA | Ravilojan,[ |
| Innovative Industrial Properties | NA | NA | NA | NA | NA | Business Wire,[ | NA | NA | NA | NA |
| Canopy Growth Corporation | NA | NA | NA | NA | No author,[ | Ravilojan,[ | NA | NA | Business Wire,[ | NA |
| Green Thumb Industries Inc | Hasse,[ | NA | NA | NA | NA | Green Thumb,[ | Green Thumb,[ | NA | GlobeNewswire,[ | NA |
| Cresco Labs Inc | Business Wire,[ | + Beard,[ | NA | NA | No author,[ | NA | +No author,[ | NA | No author,[ | NA |
| Trulieve | NA | Beard,[ | NA | Newstex Blogs,[ | GlobeNewswire,[ | Trulieve,[ | NA | NA | MENAFN,[ | Trulieve,[ |
| Cronos Group Inc | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| GrowGeneration Corp | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| Columbia Care | No author,[ | NA | NA | NA | NA | + Ponieman,[ | NA | Ponieman,[ | NA | Business Wire,[ |
Abbreviations: CSR, corporate social responsibility; DEI, diversity, equity, and inclusion; MENAFN, Middle East and North Africa Financial Network; NA, not applicable.
Citations link to company involvement in CSR activity.
Overview of CSR Activities Between 2012 and 2021 to Address Cannabis Legalization Harms Among the 9 Largest Multinational Cannabis Companies as of January 2021
| Company | Sustainability | Youth use prevention | Youth marketing prevention | Drugged driving prevention |
|---|---|---|---|---|
| Curaleaf Holdings Inc | Curaleaf Holdings Inc,[ | NA | NA | NA |
| Innovative Industrial Properties | Business Wire,[ | NA | NA | NA |
| Canopy Growth Corporation | PR Newswire,[ | Canopy Growth Corporation,[ | NA | Canopy Growth Corporation,[ |
| Green Thumb Industries Inc | NA | NA | NA | NA |
| Cresco Labs Inc | NA | NA | Cresco Labs Inc,[ | NA |
| Trulieve | Sustainable Cannabis Coalition,[ | NA | NA | NA |
| Cronos Group Inc | Canada NewsWire,[ | NA | Cronos Group,[ | NA |
| GrowGeneration Corp | Sustainable Cannabis Coalition,[ | NA | NA | NA |
| Columbia Care | NA | NA | NA | NA |
Abbreviations: CSR, corporate social responsibility; NA, not applicable; ND, no date.
Citations link to company involvement in CSR activity.