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Business Issues/Benchmarks: Page 387
Cannabis Industry Is Facing a Shakeout, Aphria President Says
“There will be a group of companies at the top, the big producers, and some smaller producers at the bottom, like craft beer,” Jakob Ripshtein said.
Aurora Earnings Surge by 2,800% After It Produces 11,000 Pounds of Cannabis in 3 Months
The Canadian-traded Aurora shares rose slightly on Monday and have doubled in the last year
Major Hemp Partners With Illinois-Based Church Street Brewing Co. for Hemp IPA Beer
The Sipp Industries subsidiary has found success on the front lines of hemp-based beverages.
Cura Cannabis Solutions Raises Its Minimum Wage
The company is investing in its people to raise employment standards in the cannabis industry.
Trulieve Cannabis Corp. to Acquire Life Essence, Inc. and Leef Industries, LLC
The transactions on both coasts are the first operational ventures beyond the state of Florida.
Aphria to Acquire CC Pharma, Strengthening Foothold in German Medical Cannabis Market
The acquisition adds new vertical and strategic operations in a key region of the company's global growth strategy.
Ohio Medical Marijuana Sales Won't Begin in November
None of the state’s five licensed testing labs are open.
California Regulators Target White Labeling Contracts in Proposed Rule
Under the proposal, licensed cannabis business would not be allowed to engage in contracts with unlicensed businesses.
Puration, Inc. Releases Online Presentation on Cannabis-Themed Restaurant Plans
The presentation includes details on AmeriCanna Cafe’s partnership with West Coast Venture Group, the owner and operator of the $3 million Colorado-based Illegal Burger chain.
Colorado Removes Definition of Industrial Hemp From State Constitution
Voters passed Amendment X in the Nov. 6 election in preparation for possible federal changes regarding hemp regulation.
Massachusetts Marijuana Sales Likely Days Away After Regulators OK Labs
Two labs — CDX Analytics in Salem and MCR Labs in Framingham — were issued “commence full operations” notices.
Thousands of Patients in Limbo as Israeli Ministry Temporarily Shuts Top Cannabis Grower
The Health Ministry has issued a temporary stop work order against Israel’s largest medical cannabis company, Tikun Olam.
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