Business Issues/Benchmarks: Page 406

California Bill to Create State-Backed Cannabis Bank Stalls

California lawmakers have stalled a plan to create a state-backed bank to handle money associated with the recreational marijuana market.

Medical Marijuana Licensing Delays in Michigan May Force Unlicensed Businesses to Close

Although many cannabis operators have applied for a license, regulators have not been able to process applications quickly enough to meet a Sept. 15 deadline.

Colorado Department of Agriculture Updates List of Pesticides That Can Be Used on Cannabis

Two new pesticides can now be used without violating the Pesticide Applicators' Act.

Humboldt County, State to Hold Pesticide Use Training for Cannabis Farmers

Humboldt County and state agencies will be offering local cannabis farmers and their employees free pesticide use training Aug. 30 to get them better acquainted with state and local rules.

Rx Native Pharmaceuticals Competes for One of Five Medical Marijuana Licenses in Virginia

The Virginia-based startup hopes to snag the vertically integrated license for District 5 in Hampton.

Cura Cannabis Solutions Ranks No. 45 on the 2018 Inc. List of America's Fastest-Growing Private Companies

Cura is the first cannabis company ever recognized in the top 50.

Hawaii Cannabis Grower Gets Green Light From State to Proceed

Hawaiian Ethos LLC has received a notice from the state Department of Health indicating that it can acquire and cultivate cannabis.

Medical Marijuana Wait: Regulatory Hurdle for Louisiana Crop

The state's first crop is now expected in November.

Constellation Extends Cannabis Bet With $3.8-Billion Investment in Canopy Growth Corp.

Bloomberg calls this move "the biggest investment yet" in the marijuana industry.

Colorado Cannabis Patent Lawsuit Will Be Worth Watching

UCANN v. Pure Hemp will provide insight as to how federal courts will approach cannabis IP cases.

FSD Pharma Announces Listing on Frankfurt Stock Exchange

The company's subordinate voting shares are now listed on the FRA and are trading under the ticker symbol "0K9."

British Columbia Waits to Add ‘Craft Cannabis’ to Its Retail System

The province is expected to add smaller “craft cannabis” suppliers later this year.

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