Business Issues/Benchmarks: Page 4

Not All Terpenes Are Created Equal

The cannabis flower’s complex aromas can’t be easily replicated with additives once buds are overdried, meaning terpene preservation is key.

Delaware Governor Tours Cannabis Cultivation Facility Ahead of Adult-Use Launch

Gov. Matt Meyer toured MariMed’s First State Compassion site and met with college students ahead of the state’s Aug. 1 adult-use sales launch.

Fake Cannabis Licenses Sold to Roughly 70 Businesses in Connecticut

The state’s attorney general is seeking a $2.5-million prejudgment remedy from two men being sued in connection with the licensing scheme.

Canopy Growth Agrees to Make 3 Prepayments to Reduce Term Loan by $50 Million

The Canadian cannabis company’s prepayments are expected to reduce its annual cash interest expense by $6.5 million.

Cresco Labs Exiting California Cannabis Market

The company is divesting its cultivation and manufacturing assets, as well as certain distribution operations, as part of a strategic restructuring plan.

More Seniors Turning to Cannabis, But What’s the Appeal?

Recent data shows that seniors are using cannabis more than ever, and cannabis companies are seeking to educate them about the medicine, but some executives want to see the industry strengthen its marketing approaches.

Omaha Tribe of Nebraska Legalizes Adult-Use Cannabis

The federally recognized tribe will allow visitors 21 and older to purchase cannabis on its native reservation in northeastern Nebraska.

Ascend Wellness Launches Fully Refreshed e-Commerce Ecosystem

The cannabis company’s latest platform includes a new loyalty program and an elevated digital shopping experience.

High Tide Closes on $30 Million Convertible Debt from Cronos Group Inc.

The Canadian cannabis company intends to use the working capital to fund future acquisitions and organic growth.

Cannabis Reform Group MPP Names Adam J. Smith Executive Director

Marijuana Policy Project welcomed the 30-year drug policy reform veteran to help end cannabis prohibition and advance sensible regulations in the U.S.

Pure Sunfarms Publishes Unique Cannabis Potency Research in Scientific Reports

The study highlights natural variability of THC potency in cannabis plants and supports the call for science-based labeling.

HYTN Secures Cannabis Drug License, Advancing Pathway for Prescription Cannabinoid-Based Medicines

The company is authorized to manufacture cannabis-derived pharmaceutical drugs in Canada.

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