Business Issues/Benchmarks: Page 303

Federal Grand Jury Investigates Municipal Cannabis Contracts in Massachusetts

U.S. Attorney Andrew Lelling has convened a grand jury to investigate the agreements between the state’s municipalities and the cannabis companies they host.

Mexico’s Delayed Cannabis Legalization Vote: What Comes Next?

The Supreme Court has extended its deadline for a vote on adult-use legislation to April 30, 2020.

State Judge Rules Massachusetts Must Lift Ban on Vape Products in Medical Cannabis Market

The ban on nicotine and adult-use cannabis vape products would remain in place.

Columbia Care Enters Colorado With $140-Million Acquisition of The Green Solution

Founded in 2010, The Green Solution currently operates 21 dispensaries with two additional stores under development that are expected to open in 4Q 2019.

Dosatron International Releases New D132 Mega-Flo Series

The D132’s low injection rates allow for direct injection of undiluted products.

Core One Labs Inc. Provides Clarification on Terms of Definitive Agreement to Acquire Micro-Cultivation Facility in Canada

The company has entered into a definitive agreement to acquire all of the issued and outstanding shares of Rainy Daze.

U.S. Hemp Authority Releases Guidance Procedures 2.0

The updated guidance is based on a collaborative industry effort, including more than 2,000 public comments.

Denver Dispensaries Racking Up 80-Percent Failure Rate in Random Testing

The news, first reported by Denver’s alt-weekly, comes at a time of heightened self-scrutiny in the business.

South Dakota Groups Submit Petitions to Qualify Marijuana Reform Ballot Initiatives for the 2020 Election

Marijuana reform groups have submitted petitions containing over 80,000 signatures to the South Dakota Secretary of State in order to qualify two separate marijuana reform ballot initiatives for next year’s election.

PURA – Puration Announces LOI to Acquire Foothold In U.S. $17 Billion European CBD Market Potential

The company has announced executing a letter of intent to acquire a company headquartered in Germany as part of a strategy to bottle PURA’s CBD infused beverages locally.

Core One Labs Inc., Signs a Definitive Agreement to Acquire Cultivation Facility in Canada

The company has agreed to acquire Rainy Daze Cannabis Corp., a British Columbia corporation.

Sun Kissed CEO Issues Shareholder Letter on CBD-Based Acquisition Strategy

The company is pursuing acquisitions as part of an aggressive M&A strategy designed to position Sun Kissed as a dominant player within the rapidly expanding CBD sector.

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