Business Issues/Benchmarks: Page 283

Nextleaf Ends 2019 with 11th Granted Patent

The company closed out a successful year with a stacked IP portfolio, completion of extraction plant and commencement of revenue.

Cannabis Industry Urges Senate Banking Chairman to Move Forward with SAFE Banking Act

Sen. Mike Crapo released guidelines for cannabis banking reform legislation Dec. 19 that would undermine the intent of proposed reforms and hinder the effective operation of state-legal cannabis programs.

Agritek Holdings Inc. Starts New Year with Acquisition, Launch of Higher Society Premium Cannabis Brand

Agritek will launch the brand through the company's new Apex Extractions Distribution division.

Cresco Labs Makes First Sale of Adult-Use Cannabis in Illinois at Its Sunnyside* Lakeview Dispensary

The company served 3,145 adult-use customers on Jan. 1, the first day of sales.

MJardin Enters into Definitive Agreement for the Sale of Its Cheyenne Cultivation Facility

The company will use the proceeds of the transaction to reduce its debt obligations and for working capital requirements for its 2020 plan.

Curaleaf Holdings, Inc. Announces New $275 Million Senior Secured Term Loan Facility

The new financing has no equity component.

Cannabis Conference Pricing Deadline Extended to Jan. 10

Now that we're on the far side of the holiday season, the Cannabis Conference team is extending its Early Bird registration deadline (originally Dec. 27) to Jan. 10.

Adult-Use Cannabis Sales Begin in Illinois

Sales began at 6 a.m. on New Year's Day at most retail locations, and businesses made sure to greet the customers who got up early to take advantage of this historic day.

Ohio, Louisiana, New Jersey Are First States to Receive Federal Approval for Hemp Plans

These three states are new to the hemp industry, but the USDA sign-off signals a new era for businesses across the U.S.

Colorado Adds 7 Products to List of Pesticides That Can Be Used on Cannabis

The products can now be used on cannabis without violating the Pesticide Applicators' Act.

The Valens Company Announces New Extraction, White Label and Supply Agreements and Updates OTCQX Ticker to 'VLNCF'

The company has announced a four-year extraction and white label agreement with Emerald Health Therapeutics Inc.

WeedMD Closes Acquisition of Starseed Holdings Inc. and $25 Million Subscription Receipt Financing

The company has also enhanced its management team and board of directors, announcing a new chair.

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