Finance: Page 88

Sipp Industries Provides Update on Major Hemp HIPA Expansion

Major Hemp HIPA is now available in over 250 locations across the Midwest.

Choom Appoints New President, Corey Gillon, with 20 Years of Senior Retail Leadership

Gillon joins the company as a seasoned global retail executive to strengthen Choom's management team as it prepares for rapid growth within the Canadian cannabis retail market.

Pennsylvania Denies AGRiMED Industries' Medical Marijuana Growing/Processing Permit Renewal Request

AGRiMED has 30 days to appeal the decision.

Golden Leaf Holdings Announces Extension of Chalice Earn-Out Payment

The company has extended the due date for an earn-out payment due to Chalice LLC and its members, related to the acquisition of certain assets and a subsidiary of Chalice on July 7, 2017.

Grove Group Management Will Invest $12 Million in Hemp/CBD Processors

The cannabis industry investment and management company is co-founded by financial expert Kevin Shin and NFL great Tiki Barber.

Charlotte's Web Hemp CBD Topical Products Expanding to 1,350 Kroger Stores Across 22 States

The move marks the largest distribution through a single retailer for Charlotte's Web.

KBL Merger Corp. IV SPAC Signs Definitive Business Combination Agreement to Acquire CannBioRx Life Sciences Corp.

CannBioRx Life Sciences Corp. programs focus on developing anti-inflammatory drugs, including scientifically developed, non-psychoactive cannabinoids that target key pathways in inflammatory diseases.

CannTrust Fires CEO and Chair in Wake of Illegal Growing

CannTrust Holdings Inc. terminated with cause its CEO Peter Aceto, and demanded the resignation of board chair Eric Paul, who complied.

Canada's New Licensing Favors Richer Companies, Experts Say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, industry executives said.

SOL Global Announces Additional US$2 Million Investment in CannCure

The additional capital infusion is to fast track cultivation development and dispensary rollout in California.

Westleaf Signs One-Year, $4-Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

Westleaf has entered into a white labeling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary.

Ionic Brands Completes Acquisition of Zoots Premium Cannabis-Infused Edibles and Infused Products

Ionic Brands will extend Zoots Edibles beyond Washington and Colorado to Oregon, California and Nevada.

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