Business Issues/Benchmarks: Page 235

Illinois & Oklahoma: A Tale of Two Regulatory Structures

With a relatively low barrier to entry and few regulations in Oklahoma, thousands of businesses have invested in this small state market. By comparison, Illinois has seen marginal growth since launching adult-use sales in January.

Illinois Cannabis Sales Top $47 Million in June

June now holds the record for the highest sales figures in the state.

Canadian Cannabis Companies Sued Over Product Mislabeling

A class-action lawsuit brought forth in June names some of the industry’s largest producers.

Arkansas Campaigns Fall Short on Signatures to Qualify Adult-Use Cannabis Legalization Measures for 2020 Ballot, Refocus Efforts on 2022 Election

Arkansans for Cannabis Reform and Arkansas True Grass failed to submit enough signatures by a July 3 deadline to place their initiatives on the state’s 2020 ballot.

AT-CPC Separates From Calyx and Rebrands to Become Klutch Cannabis

Klutch is now wholly-owned and operated from within Ohio.

Ilera Holistic Healthcare Begins Selling Into Louisiana Medical Cannabis Market

This news marks the second license-holder (of two in the state) now actively participating in sales.

Former Steep Hill Labs CEO Sues Company and Investors to Block Sale of Assets

Former CEO and Chairman Jmichaele Keller alleges in his lawsuit that the sale of assets to competitor EVIO would dismantle Steep Hill’s business and decrease shareholders’ value.

Success Centers Helps Fill Dispensary Jobs in the Bay Area with a Focus on Social Equity

The California-based organization connects employers with qualified job seekers and has helped cannabis companies find candidates under San Francisco’s Equity Program.

Cannasure Announces Jim McErlan as Director of Business Development

McErlan had previously worked at NSM Insurance Group and the National Association of Home Builders.

Missouri Doctor’s Credentials Stolen and Used to Certify Patients for Medical Cannabis

The Department of Health and Senior Services launched an investigation after roughly 600 patients submitted physician certification forms with unauthorized signatures.

Aurora Cannabis Names Miguel Martin as Chief Commercial Officer

The current head of Reliva LLC will replace Darren Karasiuk, who had served in the position since February 2019.

3 Cannabis Legislation Predictions Ahead of the 2020 Election

Will Congress act soon to bring a measure of common sense to this country’s cannabis policy? What about the states?

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