Business Issues/Benchmarks: Page 236

New Terms Announced for Canopy Growth-Acreage Holdings Merger, California Extends Cannabis License Fee Deferrals: Week in Review

This week, Canopy Growth and Acreage Holdings amended the terms of their merger deal, which has significantly dropped in value.

Law Takes Effect in Nevada to Create New Cannabis Regulatory Board

A law that took effect July 1 establishes the Cannabis Compliance Board to oversee the industry.

Kaycha Labs Facilities Approved for Testing in Florida

The labs, located in Gainesville and Davie, can now begin random testing of any cannabis products sold in Florida.

Exclusive Brands Opens New Cultivation Site in Michigan Amid Pandemic Challenges

The outdoor site in Arlington, Mich., covers 30 acres in a developing adult-use market.

Cheetahs vs. Gazelles

In business, as in life, there are predators and there are prey. What does this dynamic mean for the cannabis industry?

America’s Reckoning with Racism is ‘More Than a Moment,’ Say Cannabis Industry Members

The Minority Cannabis Business Association and Minorities 4 Medical Marijuana hosted a Facebook Live event to confront a lack of diversity in many organizations’ leadership and management structures, cultural appropriation, and more.

Louisiana’s Second Licensed Medical Cannabis Cultivator Prepares to Sell First Products

Ilera Holistic Healthcare plans to sell products from its first harvest to the state’s medical cannabis pharmacies this week.

Illinois Again Delays Awarding New Cannabis Licenses

The state had planned to issue craft grow, infuser and transporter licenses July 1, but Gov. J.B. Pritzker instead issued an executive order to delay the permits indefinitely.

Whistleblower Alleges that U.S. Attorney General William Barr Launched Unfounded Antitrust Investigations into Cannabis Mergers

John Elias, a career employee at the Department of Justice, testified that Barr ordered the investigations due to his personal dislike of the industry.

Hemp Trading’s Panakeia CBG Variety Hits Canadian Market

Panakeia will be the first CBG and feminized seed to be on the list of approved cultivars by Health Canada.

UniFlow MLX Fume Hoods

Ultra Health Ready to Serve Out-of-State Patients as New Mexico Changes Regulations

Ultra Health will begin serving non-residents on July 1, the first day that the state will allow it to do so.

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