Business Issues/Benchmarks: Page 396

Oregon Senate OKs Temporary Freeze on Cannabis Production

The state will not issue new production licenses to marijuana growers, but current growers will be able to renew their licenses.

Driven Deliveries Inc. Announces Letter of Intent to Acquire Ganjarunner Inc.

The acquisition will add a material revenue stream to the company.

Cannabiniers Envisions Promising Future for Its Two Roots Brewing Co. Cannabis Beer

That said: “This is a very, very tough category to build out,” according to Cannabiniers President Victor Jerez.

Build Your Strategic Advantage: 9 Tools

Having quality cultivars that are desirable and exclusive to your company is a clear advantage.

The Year of the Megamerger: A Look at 2019 Cannabis M&A Trends

A focus on vertical integration and brand acquisition will drive M&A activity this year, according to Adnant Consulting CEO Sabas Carrillo.

Aurora Bolsters Anandia’s Testing Capabilities Through Acquisition of Chemi Pharmaceutical

Chemi Pharmaceutical Inc. is an Ontario-based laboratory specialized in analytics services for the pharmaceutical and cannabis industries.

How Will Maryland Halt Big Cannabis From Taking Over State Industry? Let Firms Own More, Not Fewer, Stores

Instead of writing a stronger law to limit companies to just one cannabis store, the legislature will let them have four.

Applied DNA Receives Initial $1 Million Payment from TheraCann International

The balance of $4 million in payments to Applied DNA is expected by mid-August in accordance with the terms of a March 29 agreement.

Grown Rogue Announces Proposed Acquisition of Decibel Farms Inc.

Decibel is a family owned and operated, 5-acre sungrown and greenhouse farm located in southern Oregon.

SOL Global to Extend Cannabis Operations to Michigan With $150 Million Acquisition

MCP Wellness holds the rights to acquire two Michigan cultivation licenses, a processing license, and three dispensaries.

Cresco Labs Announces Profitable Fourth Quarter 2018 Financial Results

The company announced revenue growth of 411 percent year-over-year and 33 percent quarter-over-quarter.

Georgia Will Now Allow the Production and Sale of Low-THC Medical Cannabis Oil

Gov. Brian Kemp has signed a law allowing the state’s patients to access the oil that they have been legally able to possess since 2015.

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