Business Issues/Benchmarks: Page 359

Canopy Growth Acquires Hemp Company to Accelerate Expansion in the United States

The vision proposed by AgriNextUSA would involve creating Hemp Industrial Parks such as the one previously announced in New York State.

International Cannabis Corp., Wayland Holdings Seek Global Transaction

The two companies will place a focus on emerging markets in Europe.

HEXO Would Quadruple Cannabis Cultivation Space in Canada with Newstrike Brands Acquisition

The deal could increase HEXO’s cannabis production capacity to 150,000 kilograms per year.

Illinois Bills Aim to Ease State Banking Regulations on Marijuana Businesses

The state treasurer supports legislation that would prohibit state banking regulators from punishing banks that provide basic services to legitimate cannabis-related businesses.

California Is Growing So Much Marijuana It Could Crash the Market

California has too many marijuana farms — growing too much product — and if nothing is done it will devastate the industry, according to a 2019 cannabis harvest projection.

Legends Business Group, Inc. Initiates Reverse Merger, Set to Generate $1.2 Million in Revenue

The company has initiated a reverse merger with Global Cannabis Corp., a Canadian medical cannabis clinic and education center network with 320,000 patients to date.

Marijuana Company of America Acquires Interest in Licensed California Manufacturing and Distribution Company

The move will establish a Joint Venture to operate a California cannabis delivery service named Viva Buds.

SAFE Banking Act Scheduled for Markup in House Committee Next Tuesday

The legislation to allow banks to more easily work with legal cannabis businesses will receive the first markup in the House Financial Services Committee at 2 p.m. on March 26.

Multi-State Cannabis Company Vireo Health to Begin Trading on the Canadian Securities Exchange Under Ticker Symbol 'VREO'

The company will begin trading on the CSE effective at market open on March 20.

How to Operate a More Sustainable—and Profitable—Cannabis Cultivation Operation: Q&A with Jesse Peters

The former co-founder and CEO of carbon-neutral Eco Firma Farms offers tips to help growers improve their environmental impact.

Canopy Growth and DNA Genetics Extend and Expand Relationship

The companies have extended their partnership beyond Canada and Jamaica to bring DNA’s world-renowned genetics to a soon-to-be disclosed European market.

Cresco Labs Enters Florida Medical Cannabis Market With $120-Million Acquisition

The deal provides Cresco Labs a Medical Marijuana Treatment Center license in Florida.

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