Business Issues/Benchmarks: Page 354

Global Consortium, Inc. Explores Opportunities in Canada

A move to Canada would open up funding opportunities and the company would be valued at a higher multiple, with the ability to dual list in the U.S.

Cannabis Banking Bill Advances in Congress

The bipartisan SAFE Banking Act, which was approved Thursday by the House Financial Services Committee, would ensure financial institutions are not punished for providing banking services to state-regulated cannabis businesses.

Marijuana Banking Bill Picks Up Momentum

Lawmakers are poised to send a bill to the House floor that would allow banks to provide services to legal marijuana businesses.

West Virginia Governor Signs Medical Marijuana Banking Bill

Gov. Jim Justice has signed a banking bill that allows bidding for financial institutions to provide banking services related to the state’s medical marijuana program.

Stem Holdings Inc. Enters the Global Cannabis and Industrial Hemp Market With Acquisition of South African Ventures Inc.

The eSwatini facility will be located on 2,500 acres at The Science Park Matsapha for cannabis and industrial hemp cultivation.

Aura Announces Appointment of Alain Dobkin to Its Board of Directors

Dobkin brings experience in global and Israeli finance and M&A, having managed transactions with aggregate value of ~US$40 billion.

Colorado Department of Agriculture Adds Three Products to List of Pesticides that Can Be Used on Cannabis

Armorex, EcoGarden and Optify/Stretch can now be used without violating the Pesticide Applicators' Act.

NorCal Cannabis Company Continues Company Expansion with Multiple New Hires

Senior executives hail from brands such as Google, Instagram, Yelp, BlackRock and TripAdvisor.

Choom Signs LOI to Enter Florida Market Through Investment in Vertically Integrated Cannabis Applicant

Choom will purchase a 95-percent equity interest in the Florida-based cannabis applicant.

Cresco Labs Receives Approval to Enter Michigan Market

Cresco is pre-qualified for a cultivation and processing license by the Department of Licensing and Regulatory Affairs Medical Marihuana Licensing Board.

The Green Organic Dutchman Begins Domestic Sales with Growers' Circle Launch to Patients Across Canada

Sales of certified-organic cannabis started March 25 with national distribution to medical patients.

CVS to Sell CBD Products in 800 Stores in 8 States

The national drug store chain will be marketing the topical cannabidiol products, such as creams, sprays and roll-ons, as “an alternative source of relief."

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