Business Issues/Benchmarks: Page 313

GenTech to Acquire Online CBD Retailer

The company continues its focus on the CBD food and beverages marketplace with a letter of intent to acquire a California-based e-commerce retailer.

Mergers & Acquisitions Are All the Buzz in U.S. Cannabis, But Integration Is Key to Long-Term Success

Closing isn’t always smooth sailing.

Medicine Man Technologies Enters Into Binding Term Sheet to Acquire Strawberry Fields

Strawberry Fields brings four dispensaries, manufacturing facilities and over two acres of greenhouse cultivation facilities to the company.

Vinzan International Acquires Colombia Dreams Marihuana (CDM) to Form Vinzan Colombia

The Colombia Dreams Marihuana brand will be used to market products.

FTC Warns Three More CBD Companies Against Health Claims

The commission urged the companies (and, by association, all CBD companies) to carefully review all health claims made with respect to their products.

Former Israeli Prime Minister Says Cannabis Job Could Await Netanyahu Following Election

At an international cannabis conference in Israel, Ehud Barak said that Netanyahu "has a lot of vacancies just waiting for him in the cannabis industry."

Fruit Slabs Embraces Inclusiveness with Kosher-Certified Cannabis Edibles

The brand has obtained kosher certification for two flavors of its cannabis-infused fruit strips, with additional flavors to be certified by the end of the year.

CaNavis International Hires Light Deprivation and Blackout Curtain Expert James Gomm for North American Project Sales

Gomm brings significant expertise in blackout, light deprivation, shade, heating and cooling curtain systems for greenhouses.

Nextleaf Solutions Granted U.S. Patent for THC and CBD Oil Processing

Patented technology allows for dried cannabis and hemp biomass to be efficiently processed into a high-purity distilled oil, simplifying the manufacturing of differentiated THC and CBD formulations and delivery methods.

Canndescent Closes $27.5 Million Series C Preferred Funding

The investment will fuel Canndescent's new product categories and drive regional expansion.

Kali-Extracts Plans to Certify CBD Extract as OTC Drug Under FDA Requirements

The company has scheduled a presentation to outline its plans for certifying its proprietary CBD extracts.

Sipp Industries Receives New Order of Major Hemp HIPA from Sparta Beverage

The company provides an update on its Texas brewing and distribution initiative.

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