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Business Issues/Benchmarks
Cannabis Reform Group MPP Names Adam J. Smith Executive Director
Marijuana Policy Project welcomed the 30-year drug policy reform veteran to help end cannabis prohibition and advance sensible regulations in the U.S.
Pure Sunfarms Publishes Unique Cannabis Potency Research in Scientific Reports
The study highlights natural variability of THC potency in cannabis plants and supports the call for science-based labeling.
HYTN Secures Cannabis Drug License, Advancing Pathway for Prescription Cannabinoid-Based Medicines
The company is authorized to manufacture cannabis-derived pharmaceutical drugs in Canada.
US Lawmakers Advance Bill to Ban Hemp Products With THC
The Senate Appropriations Committee approved legislation to redefine hemp in an attempt to close a ‘loophole’ from the 2018 Farm Bill.
Texas Governor Calls Hemp Products ‘Lawful Agricultural Commodity’ in Special Session Notice
Greg Abbott set the agenda to regulate hemp in the upcoming legislative session after vetoing a ban, setting up a showdown with Lt. Gov. Dan Patrick.
Patients With Anxiety Fuel Pennsylvania’s $1.7 Billion Medical Cannabis Program
The most common qualifying condition in the commonwealth, anxiety outpaces chronic pain and post-traumatic stress disorder.
TerrAscend Completes $79 Million Non-Dilutive Debt Financing
The proceeds from the transition were used to retire $68 million of existing debt, with the remainder designated for future growth initiatives.
Vireo Growth Refinances Senior Secured Debt Through $120M Loan
The cannabis company also expanded its consolidated credit facilities with an additional $33 million second lien term loan.
Curaleaf Buys Out Minority Partner in Curaleaf International
The transaction with an institutional investor brings the cannabis company’s stake in its European holding company to 100%.
New Era of Scaling a Cannabis Business Starts With Discipline, CEO Explains
TheraTrue CEO Chris Ras outlines the company’s focus in Ohio and Georgia, and its balanced approach geared toward new markets.
5 Ways Dispensaries Can Build Momentum Around 7/10
The July 10 cannabis holiday, known as Oil Day, can be a seasonal campaign that extends through August, when oil sales grow stronger.
Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary
The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.
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