Business Issues/Benchmarks: Page 305

Viola Closes $16 Million Investment Round Led By Gotham Green Partners

This latest round of funding will assist with the acquisition of a 34,500-square-foot cultivation, processing and distribution facility in Adelanto, Calif., as well as the completion of Viola's 48,000-square-foot facility in Detroit, Mich.

TerrAscend Canada Triples Licensed Cultivation and Processing Capacity

Health Canada's approval of additional licensed space at the company's Mississauga, Ontario facility provides significant scale in production and processing.

Cresco Labs Announces Closing of Acquisition in New York State

Cresco now holds one of only 10 vertically integrated cannabis business licenses issued by the state of New York.

Reports: Kushy Punch Under Investigation for Alleged Illicit Market Vape Operations in California

The state’s Department of Consumer Affairs is continuing to test products discovered at an unlicensed manufacturing facility.

Aleafia Health Completes Construction, Secures Full Occupancy at Paris Processing Facility Expansion

The expansion features an initial 115,000 kg of dried flower equivalent annual extraction capacity, with ability for further expansion on-site.

Agrios Global Holdings Ltd. Announces Dr. Curt Livesay, Director of Agronomy, Is Guest Columnist and Webinar Co-host at Cannabis Business Times

Livesay is a guest columnist in the October 2019 issue of Cannabis Business Times and will co-host a webinar on Oct. 8 with Andrea Sparr-Jaswa, science editor of Cannabis Business Times and Cannabis Dispensary.

Surterra Wellness Announces Corporate Name Change to Parallel

The rebranding reflects the company's position as a rapidly growing, global well-being company and reaffirms its commitment to improving the quality of life through the benefits of cannabinoids.

Australia’s Government Invests $3 Million in Medical Cannabis Research

The federal government will provide the funds to investigate how cannabis can help cancer patients.

Mayo Clinic: Vaping Illnesses Resemble Chemical Burns

New scientific reports continue to illustrate our understanding of recent vaping-related pulmonary diseases.

Square Welcomes CBD Sellers, Pennsylvania Lawmaker Introduces Cannabis Legalization Bill: Week in Review

Square officially launched payment processing services for the industry Oct. 3, after previously offering the services as part of a beta program.

Square Offers Payment Processing Services to CBD Businesses

The company will now allow U.S. businesses to sell CBD products on its platform.

Green Point Research Acquires 30-Acre Nursery in Fort Meade, Fla.

GPR has purchased Sunshine Growers' facility to establish a hemp-dedicated nursery.

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