Business Issues/Benchmarks: Page 302

Global Consortium, Inc., Opens Phase One of the Cannabis Mall

The 5,000-square-foot manufacturing suite has opened.

Freehold Properties and Revolution Global Announce $29 Million Investment to Expand Illinois Cultivation Facility

Utilizing the capital from Freehold, Revolution plans to more than double the capacity of its flagship cultivation facility.

Consumer Legalization One Year Later: Aurora Cannabis Reveals Sneak Peek of Plans for NextGen Cannabis Products

The company has announced plans for the roll-out of vapes, concentrates and edibles when they are permitted for sale to consumers in December.

Organic & Natural Health Association Issues Buyer Beware: Amazon’s No. 1 Hemp Bestseller Contains CBD Despite a No CBD Sale Policy

Organic & Natural Health Association hired an independent, third-party lab to test Amazon’s bestseller, New Age Premium Hemp Oil, and results show 7.7 mg of CBD per 30 drops.

Apex Trading Closes Series Seed Raise

The wholesale cannabis start-up secured $1.67 million in new capital with 7thirty Capital and Welcan Capital leading the round.

Washington Adopts Emergency Rules Regarding Flavored Vapor Products

Marijuana licensees must disclose all compounds used to produce or added to inhaled concentrates and extracts, and retailers must post consumer warnings.

Relevium Acquires 100 Percent of Late Stage Processing and Medical Sales Applicant Weedsense

Weedsense is a Montreal-based business that will build a wholesale and distribution facility outside of the downtown core.

Neptune Signs an Extraction Agreement in the U.S., Expands U.S. Sales Team

Under the contract terms, Neptune will receive hemp biomass to be processed and transformed into crude oil extracts.

What to Look For in Valuing a Cannabis Business

As the legal cannabis market continues to prosper and grow, sophisticated investors and sellers need to know where hidden values are in a business.

Ikanik Farms Announces 100-Percent Acquisition of Pideka SAS, a Colombian Medical Cannabis Company

Ikanik farms aims to obtain GMP certification for the Colombian operation to export medical cannabis products to international markets.

Canavation Product Group Acquires Consumer Product Division From Teewinot Life Sciences

Canavation is entering the cannabinoid consumer product space.

Cannabis-Specific Financing Product, the CannaBusiness Financing Solution, Released By National Business Capital & Services

This cannabis-specific business financing solution streamlines the process by making funding available to growing marijuana and CBD businesses in less than 48 hours.

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