Business Issues/Benchmarks: Page 322

Delta 9 Agrees to Increase Bank Credit Facility to $18.1 Million

The company has come to terms on an amendment to its borrowing agreement with Canadian Western Bank to provide for an increase on its existing loan and credit facility.

Wundr Co. Announces Acquisition of iuvo Therapeutics GmbH

iuvo Therapeutics GmbH is an independent medical cannabis distributor in Germany.

United Cannabis Corporation Establishes Distribution Relationship with Cloud 9 Switzerland

The initial focus of the partnership is selling hemp-derived extracts in Italy and Switzerland.

Medicine Man Technologies to Acquire Dabble Extracts in Plan to Access Entire Cannabis Supply Chain

Dabble Extracts, a cannabis concentrate company, sells its products in 60 stores across Colorado.

Front Range Biosciences Acquires Steep Hill’s Genomics R&D Team

The move will accelerate Front Range’s marker-assisted breeding program, CEO Jon Vaught says.

In Court, Witnesses Say License Holders Losing Millions as Nevada Cannabis Licensing Hearing Trudges Forward

Marijuana businesses in Nevada with dormant retail cannabis licenses are missing out on significant profits and the state is losing tax revenue.

Macao Red Cloud Tobacco Group Enters Asia Hemp Market

The company has signed a strategic agreement to develop and distribute hemp and CBD products globally.

Calyx Peak Companies Nabs Former COO of MedMen

Ben Cook is the newest cannabis industry veteran to join Calyx Peak Companies.

Greenery Map Teams Up with PayHouse Solutions to Offer Merchant and Bank Account Services for Cannabis Industry Businesses

The partnership allows dispensaries the opportunity to legally accept credit card payments without the need for workarounds, and offers all cannabis businesses the ability to streamline their finances.

HempFusion, Inc., a U.S. Hemp-Based CBD Company, Closes US$36,000,000 Financing

HempFusion, Inc. has over 30 product SKU's distributed to over 3,400 retailers.

Harvest One Announces Completion of Phase I of the Shoppers Drug Mart, TruTrace Technologies Pilot Program for Validation of Medical Cannabis

The program is designed to increase the transparency and validation of products within the medical cannabis industry.

TerrAscend Commences Sales to Europe with First Medical Cannabis Shipment to Germany

TerrAscend has completed its first international shipment of dry cannabis flower to its German distribution partner iuvo Therapeutics GmbH.

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