Business Issues/Benchmarks: Page 352

Build Your Strategic Advantage: 9 Tools

Having quality cultivars that are desirable and exclusive to your company is a clear advantage.

The Year of the Megamerger: A Look at 2019 Cannabis M&A Trends

A focus on vertical integration and brand acquisition will drive M&A activity this year, according to Adnant Consulting CEO Sabas Carrillo.

Aurora Bolsters Anandia’s Testing Capabilities Through Acquisition of Chemi Pharmaceutical

Chemi Pharmaceutical Inc. is an Ontario-based laboratory specialized in analytics services for the pharmaceutical and cannabis industries.

How Will Maryland Halt Big Cannabis From Taking Over State Industry? Let Firms Own More, Not Fewer, Stores

Instead of writing a stronger law to limit companies to just one cannabis store, the legislature will let them have four.

Applied DNA Receives Initial $1 Million Payment from TheraCann International

The balance of $4 million in payments to Applied DNA is expected by mid-August in accordance with the terms of a March 29 agreement.

Grown Rogue Announces Proposed Acquisition of Decibel Farms Inc.

Decibel is a family owned and operated, 5-acre sungrown and greenhouse farm located in southern Oregon.

SOL Global to Extend Cannabis Operations to Michigan With $150 Million Acquisition

MCP Wellness holds the rights to acquire two Michigan cultivation licenses, a processing license, and three dispensaries.

Cresco Labs Announces Profitable Fourth Quarter 2018 Financial Results

The company announced revenue growth of 411 percent year-over-year and 33 percent quarter-over-quarter.

Georgia Will Now Allow the Production and Sale of Low-THC Medical Cannabis Oil

Gov. Brian Kemp has signed a law allowing the state’s patients to access the oil that they have been legally able to possess since 2015.

Maine Releases Draft Rules for Its Recreational Marijuana Market

The regulations lay out how would-be growers, retailers and manufacturers will obtain state licenses needed to operate in the Maine recreational marijuana market.

FSD Pharma to Acquire Prismic Pharmaceuticals

The transaction positions FSD to help contribute to addressing the opioid crisis through the use of synthetic cannabinoids.

Illinois Wants to Set Aside $8 Million to Regulate Recreational Marijuana

Gov. J.B. Pritzker’s 2020 budget proposal includes a provision for the funding, which is more than double the amount the Agriculture Department would receive to continue its work on the medical side.

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