Business Issues/Benchmarks: Page 373

Leviathan Cannabis Closes Tennessee Acquisition for CBD Manufacturing Operation

The acquisition facilitates the establishment of a new business unit in Smith County, Tennessee to manufacture CBD isolate and other CBD products from hemp.

Choom Appoints New President, Corey Gillon, with 20 Years of Senior Retail Leadership

Gillon joins the company as a seasoned global retail executive to strengthen Choom's management team as it prepares for rapid growth within the Canadian cannabis retail market.

Trait Biosciences Announces That Its Amplified Cultivation Technology Quadruples CBD Production in Hemp

The Amplified hemp plants also had a 35-percent increase in the number of trichomes on the leaves of the plant, relative to the control plants.

Pennsylvania Denies AGRiMED Industries' Medical Marijuana Growing/Processing Permit Renewal Request

AGRiMED has 30 days to appeal the decision.

Ohio Gov. Mike DeWine to Sign Bill Legalizing CBD, Hemp: What Happens Next?

The new law will take effect immediately in Ohio.

Velázquez Bill Would Help Cannabis Firms Secure Insurance

Rep. Nydia M. Velázquez and Rep. Steve Stivers have introduced H.R. 4074, the Clarifying Law Around Insurance Marijuana (CLAIM) Act.

Golden Leaf Holdings Announces Extension of Chalice Earn-Out Payment

The company has extended the due date for an earn-out payment due to Chalice LLC and its members, related to the acquisition of certain assets and a subsidiary of Chalice on July 7, 2017.

Grenco Science Completes Series A Financing

The cannabis vaporization technology company plans to deploy the funding to invest in technology and expand its product range.

Grove Group Management Will Invest $12 Million in Hemp/CBD Processors

The cannabis industry investment and management company is co-founded by financial expert Kevin Shin and NFL great Tiki Barber.

Charlotte's Web Hemp CBD Topical Products Expanding to 1,350 Kroger Stores Across 22 States

The move marks the largest distribution through a single retailer for Charlotte's Web.

Frustrated Medical Marijuana Advocates, Patients in Ohio Fight for the Right to Grow Their Own

A home-grow law is unlikely to go anywhere in the near future, as legislators are reluctant to alter the state’s medical marijuana law.

Curaleaf Scrubs CBD Health Claims From Its Pages in Response to FDA Warning

Curaleaf “immediately began an extensive review of its website and social media platforms to remove all statements that FDA identified as non-compliant.”

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