Business Issues/Benchmarks: Page 287

Aphria Inc. Announces $80 Million Financing of Aphria Diamond

The financing strengthens the company's balance sheet in support of long-term growth objectives without dilution to shareholders.

Aleafia Health Completes $7.1M Cannabis Sale Agreement

The transaction will include up to three shipments, all of which will be completed before Jan. 31, 2020.

CalEthos Unveils Immersive Showcase Retail Concept for Cannabis Brands

The Showcase retail model puts brands first and prioritizes customer engagement.

Canopy Growth Announces David Klein as New Chief Executive Officer

Effective Jan. 14, 2020, David Klein has been appointed as the company's Chief Executive Officer.

Medicine Man Technologies Strengthens Leadership Team

Co-Founder Andy Williams will become vice president and chairman, and Justin Dye has been appointed chairman and chief executive officer.

2020 Will Be a Big Year for Inventors in the Industry: Latest Cannabis News

As always, the fast-paced news cycle in this industry will help business owners guide their goals for the year ahead.

The Cannabis Industry’s 9 Biggest Moments of 2019

This year saw many milestones, from historic votes in Congress to states launching cannabis sales for the first time.

Atalo Holdings Launches New Consultation Subsidiary

The hemp research, development and production company launched Hemp Knowbility at the Kentucky Department of Agriculture’s 2019 Hemp Summit.

Akers Bio Forms Advisory Board to Explore Involvement in the Hemp and Minor Cannabinoid Market

Recent FDA statements on the danger of CBD products in the open market and the need for DEA-regulated testing have given companies like Akers Bio an opportunity to explore a role in hemp and minor cannabinoid testing and processing.

Minnesota Increases Medical Cannabis Program Access

The Minnesota Department of Health announced the addition of chronic pain and age-related macular degeneration as qualifying conditions for the state's medical cannabis program on Monday. Two new delivery method options and the development of eight new patient center locations were also highlighted in the statement.

Michigan Launches Adult-Use Sales With Soft Open

Three stores licensed for adult-use sales leave prices stagnant, but companies remain hopeful for market’s potential.

FDA Warns of CBD Use and Marketing, Companies Respond

The FDA recently published a consumer notice regarding CBD’s unknown health effects and sent warning letters to companies allegedly marketing products illegally. Some have responded.

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