Business Issues/Benchmarks: Page 321

Judge Rules Cambridge, Mass., Cannot Delay Licensed Medical Cannabis Dispensaries from Entering Adult-Use Market

Saul Ewing’s Zachary Berk discusses the case that the firm’s client, Revolutionary Clinics, brought against the city, and the ruling’s broader impact on the industry.

Adult-Use Cannabis Legalization Bills Advance in New Hampshire and New Mexico, MedMen CEO Steps Down: Week in Review

A New Hampshire House committee approved legislation to legalize the possession and limited cultivation of cannabis this week, while a New Mexico Senate panel voted to advance that state’s adult-use legislation.

Is Hemp Right for You? Q&A with Marguerite Bolt

Hemp Extension Specialist Marguerite Bolt shares her advice for prospective hemp farmers, including what resources to turn to for more informed decisions.

MedMen CEO Adam Bierman Steps Down, Surrenders Super Voting Shares in Company

The news comes amidst a state lawsuit and a series of layoffs at the company in California.

Cannabis Dispensary Data Breach: How Can Businesses Protect Their Customers’ Information?

Tens of thousands of customers have been impacted by a data breach linked to a point-of-sale-software company. Here, Matthew Dunn of risk consulting firm Kroll shares cybersecurity tips for the industry.

SEC Alleges Pyramid Scheme Run by Fraudulent Cannabis Business Executives in California, Washington

All told, $4.85 million was tied up in Green Acre Pharms, a licensed cannabis business that never generated returns for investors.

Global Cannabis Market to Hit $42.7 Billion by 2024, According to Updated Report from Arcview Group, BDS Analytics

Worldwide legal cannabis spending hit $14.9 billion in 2019, up from $10.2 billion in 2018.

Kentucky Senate President Says Medical Cannabis Legalization Has ‘Narrow Path Forward’ This Year

Senate President Robert Stivers has blocked medical cannabis proposals in the past but has gone on the record saying that this year could be different.

Boosting Efficiency with a Focus on People: Q&A with Leif Abel

The co-founder of Greatland Ganja discusses how to implement lean business practices into a cannabis or hemp operation while keeping employees happy.

NewTropic Launches Cannabis Manufacturing Facility in Santa Rosa, Calif.

The facility, which is in the process of becoming cGMP certified, will produce bulk cannabis crude and distillate, flower and pre-rolls, and all forms of cannabis concentrates, with edibles and beverages coming online in 2020.

Nabis Holdings Inc. to Enter into Joint Venture with Israeli Pharmaceutical Company Panaxia

Through the joint venture, the companies will launch multiple pharma-grade THC and CBD cannabis products in Arizona in the second half of 2020.

Cresco Labs Closes Sale-and-Leaseback with Innovative Industrial Properties for Ohio Facility

The company has closed on the agreement to sell its Yellow Springs, Ohio, property to Innovative Industrial Properties, Inc.

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