Business Issues/Benchmarks: Page 413

Ottawa to Review Constellation Brands' Blockbuster Investment in Canopy Growth

Pending shareholder and regulatory approval, the deal is scheduled to close by the end of October.

DEA Wants More Marijuana Grown Next Year, Wells Fargo Closes Politician’s Accounts Over Cannabis Industry Donations: Week in Review

This week, cannabis made national headlines when the DEA announced its support of increased marijuana production.

Warnings Issued to Those Dealing With CBD Oil in Alabama

“In the state of Alabama, it is illegal to possess CBD, sell, furnish or conspire with a distributor of CBD," one prosecutor wrote.

Canada-Based LiveWell Signs $35-Million Cannabinoid Supply Deal in Brazil

The company will supply a minimum 5,000 kilograms of isolated CBD annually to the South American market.

Massachusetts Approves First Two Testing Labs for Adult-Use Market

The state granted a provisional license to both CDX Analytics and MCR Labs.

Arkansas Prepares to Score Dispensary Applications in Next Phase of Medical Marijuana Rollout

Patients should have access to cannabis in mid-2019.

Michigan Urged to Extend Sept. 15 Deadline for Medical Marijuana Businesses

A group of 10 lawmakers and officials has asked Gov. Rick Scott to extend the deadline for the businesses to either get licensed or shut down.

Massachusetts Refuses to Referee Marijuana Testing Dispute

The state's four testing labs are in disagreement over methods, while adult-use licensing looms.

Cannabis Producers Seek Reprieve From Federal Fee After Ontario Delays Launch of Retail Stores

Companies are requesting the government suspend the introduction of an $82-million levy on their revenues between October 2018 and April 2019.

Wells Fargo Terminates Relationship With Florida Political Candidate Over Cannabis Industry Donations

The move underscores the need for federal lawmakers to address the industry’s lack of banking services.

5 Tips for Being First to Market in Newly Regulated States

The benefits of being first to launch in a newly regulated cannabis state are numerous.

Ontario Cannabis Store Announces Supply Agreements With 26 Licensed Producers for Online Sales

The publicly-run online sales portal will be open for business Oct. 17.

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