Business Issues/Benchmarks: Page 262

COVID-19’s Spread Highlights Need for More Stringent Microbial Cannabis Testing

Scientists from North Coast Testing Laboratory are calling for more specific cannabis testing using updated technology to ease the growing stress on the health care system.

The Green Organic Dutchman Receives Health Canada License Amendment for Its Ancaster Processing Facility

Receipt of the license enables the automation of several processes.

NIDA Releases Request for Information on THC Dosing Standards

The National Institute of Drug Abuse has issued a request for comments on establishing and implementing a standard unit of dosage for THC in order to improve cannabis research efforts.

Illinois Again Extends Deadline for Cannabis License Applications Due to COVID-19 Pandemic

Gov. J.B. Pritzker has signed an order that extends the deadline for cannabis infuser, craft grower and transporter licenses from March 30 to April 30.

Massachusetts Allows Medical Cannabis Dispensaries to Offer Curbside Pickup During Coronavirus Outbreak

Gov. Charlie Baker has deemed medical cannabis businesses essential, allowing them to remain open.

Ohio Issues New Guidance to Help Patients Maintain Medical Cannabis Access During COVID-19 Outbreak

Medical cannabis dispensaries are considered essential under the state’s stay at home order.

Hightimes Holding Corp. Signs LOI to Acquire Humboldt Heritage Inc.

High Times will acquire the California-based cannabis holding company and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC.

Glass House Farms Gives Back to Local Santa Barbara Community Amid COVID-19 Pandemic

The vertically integrated cannabis operator has donated lab gowns to a local hospital and has launched efforts to support the local food bank and area restaurants.

DEA Takes Steps to Approve Cannabis Cultivation Applications, States Issue New Rules for Industry Amid COVID-19 Concerns: Week in Review

The Drug Enforcement Administration has issued a notice of proposed rulemaking to amend its regulations in an effort to approve pending applications for licenses that allow entities to grow cannabis for research purposes.

Emerald Harvest Opens Doors, Makes Sanitizer to Fight Pandemic

The global hydroponics nutrient manufacturer has joined the battle against COVID-19 with several initiatives aimed at aiding the community, local government and national health organizations.

Charlotte’s Web Reports $18.8M Q4 Loss, Executives Discuss Challenges and the Future

In a recent earnings call, Charlotte’s Web executives discussed a drop in Q4 sales due to regulatory uncertainty, its recent Abacus acquisition and how the coronavirus will impact business.

Canadian Cannabis Firms Brace for COVID-19, Potential Fallout

Canadian cannabis companies implement work-from-home protocols as an already tough capital market tightens up even more.

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