Business Issues/Benchmarks: Page 328

Florida Makes Push to Regulate CBD

Commissioner Nikki Fried hopes to pass regulations on CBD by September.

HARDCAR Secures Multi-Billion Dollar Bank for Cannabis Loans and Cannabis Financing

The California-based company can now offer loans and financing options to cannabis businesses looking to expand their operations.

Read the Public Comments to the FDA on CBD Policy

The 2018 Farm Bill didn’t legalize CBD, per se; rather, the descheduling of hemp created a legal gray area for the cannabinoid, one which the FDA is working to clarify this year.

Neptune Wellness Solutions Closes US$41 Million Private Placement

Proceeds will be used, in part, to fund the cash portion of the initial consideration for the SugarLeaf acquisition.

CNBC: Curaleaf Acquires Grassroots for $875 Million

In this CNBC interview, Curaleaf Executive Chairman Boris Jordan discusses his company's sprawling U.S. acquisition.

Soma Pharmaceuticals Reveals Plans for Ireland’s Medical Cannabis Market

Last month, Ireland authorized a pilot program to grant patients access to cannabis-based products.

Utah Tweaks Its Proposed Medical Marijuana Rules to Let Out-of-State Businesses Claim Cannabis Growing Licenses

The Utah Department of Agriculture and Food concluded that residency restrictions could run afoul of federal law.

Curaleaf to Acquire Grassroots in $875-Million Cash and Stock Deal

"With the acquisition of Grassroots and the pending acquisition of Select, Curaleaf is the world's largest cannabis company by both revenue and operating presence," said CEO Joseph Lusardi.

The Right Way to Acquire a Cannabis Dispensary or Brand

"With dispensaries, we look for a financial picture that illustrates market stability, depth of penetration, and market share of the neighborhoods," the Cannabis One CEO says.

ONE Cannabis Builds Midwest Franchise Presence

ONE Cannabis has entered into management consulting agreements with Missouri residents for development of the franchise in the St. Louis, Mo., area.

Enrollment Up in New Mexico's Medical Marijuana Program

Patient enrollment has increased by nearly 10 percent since the start of the year.

Medicine Man Technologies Closes on Second Phase of Strategic Investment with Dye Capital & Company

The size of funding received has increased from $14 million to up to $21 million.

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