Business Issues/Benchmarks: Page 297

The Cannabis Lobby Is a Growing Force on Capitol Hill

Industry spending is growing year-over-year, with no signs of slowing down.

What Cannabis Can Learn From Craft Beer and Ice Cream

Pursuing the opportunities and managing the problems in today’s cannabis industry will help you find success in tomorrow’s more competitive market.

USDA Releases Interim Hemp Regulations, Massachusetts Governor Pursues Emergency Regulation for Vape Ban: Week in Review

Now that the White House Office of Management and Budget has given the go-ahead to the USDA’s federal hemp regulations, the draft of interim rules for the industry is live.

Here’s How to Provide Public Comments on the USDA’s Hemp Rules

The rules as written currently address land use, sampling and testing, disposal of non-compliant plants and more.

Four Products Added to Colorado's List of Pesticides That Can Be Used on Cannabis

Carbon Defense, Gard'N Spray, Proud 3 and ProMax can now be used on cannabis without violating the Pesticide Applicators' Act.

Kali-Extracts Explores $50 Million Cannabis Biopharmaceutical Technology Sale

The company is taking a next step with the investor that has recently valued its biopharmaceutical technology at $50 million.

Valens GroWorks and BRNT Ltd. Enter Into White Label Deal

Valens will produce a minimum of 2.2 million vape pens on behalf of BRNT Ltd. for the Canadian market over an initial two-year term.

Kansas Legislative Committee Approves First Steps Toward Legalizing Medical Cannabis

The committee recommended that lawmakers consider allowing residents from legal medical cannabis states to use it in Kansas and suggested that the state study Ohio’s medical marijuana program.

Iowa Medical Cannabis Board Contemplates New Qualifying Conditions, Lifting THC Cap

The board will consider adding PTSD and Alzheimer’s to the program, as well as replacing the 3 percent THC cap with a purchase limit.

Kali-Extracts Entertains $50 Million Cannabis Biopharmaceutical Technology Acquisition Valuation

Kali management has entered discussions with the investor but not formally expressed at this point that it is willing to consider a sale.

Quebec Approves Cannabis Law to Raise Legal Age to 21

The age limit will be raised from 18 to 21 on Jan. 1, 2020, and it will be the highest in Canada.

Cresco Labs Announces Expiration of HSR Act Waiting Period for the Proposed Acquisition of Tryke Companies

The transaction is anticipated to close during the first half of 2020 and is subject to certain closing conditions, including the approval from the states of Nevada, Arizona and Utah.

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