Business Issues/Benchmarks: Page 378

Tree of Knowledge International Corp. Announces Closing of Offer to Acquire Asterion Bio Med Inc.

Through an agreement with Jack Nathan Medical Inc., Asterion has access to one of the largest healthcare systems across Canada for its education and research platform.

Big Recall Ordered of Cannabis Products After Sequoia Labs Is Caught Faking Tests in California

State regulators ordered the recall of marijuana products from 29 cannabis companies.

Level Brands Closes Acquisition of cbdMD

The company has closed its acquisition of Cure Based Development, LLC, the owner of the nationally recognized consumer products brand cbdMD, in an all-stock transaction.

Cresco Labs Continues Illinois Expansion With Acquisition of Two Dispensaries

The new retail locations add to the company's existing retail and manufacturing presence.

President Trump Signs 2018 Farm Bill, Legalizing Hemp

The president signed the legislation into law Dec. 20, accelerating the hemp industry’s growth.

Health Canada Releases Draft Regulations for Cannabis Edibles, Creams

For edibles, Health Canada is limiting the edible to 10 milligrams of THC per package.

FSD Pharma Announces Strategic Investment in Huge Shops

Huge Shops has formed an alliance with Coffee Time's parent company, Chairman Brands, to establish a retail distribution network.

New York Governor Calls for Legal Marijuana, Tilray Partners With Budweiser Maker to Research Cannabis-Infused Beverages: Week in Review

Anheuser-Busch InBev SA and Tilray will each invest up to $50 million to research beverages infused with THC and CBD.

Aurora Cannabis Expands Retail Exposure Through Strategic Investment in High Tide

Aurora will invest $10 million in High Tide, a privately held, Alberta-based, retail-focused cannabis and lifestyle accessories company.

Tilray and Budweiser Maker Will Partner to Research Cannabis Drinks

Tilray and Anheuser-Busch will spend up to $50 million apiece on the joint venture; Tilray's CEO says the company was not interested in a direct investment.

Aleafia Acquires Emblem Corp. in Major Canadian All-Stock Deal

The acquisition will have an immediate impact on the early growth of the Canadian adult-use market.

Aurora Cannabis Acquires Farmacias Magistrales S.A., Stakes Claim in Mexican Cannabis Market

With stirrings of major cannabis reform, what can we expect from the Mexican marketplace?

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