Business Issues/Benchmarks: Page 418

Cannabis Producer Aphria’s CEO to Step Down Following Short-Seller Allegations

Newly appointed chairman Irwin Simon will “complete a smooth and responsible transition to a globally-minded executive leadership team,” the company said.

MedMen Shareholder Sues MedMen, Alleging Breach of Fiduciary Duty and Conspiracy

The lawsuit details the past 12 months of MedMen corporate structuring strategies and M&A transactions.

C21 Investments Receives Regulatory Approval for Transfer of Silver State Nevada Licenses

Silver State is a vertically integrated cannabis operation with trailing 12-month revenue of $24.5 million.

Michigan Medical Marijuana Product Recall at Two Dispensaries in Detroit, Kalamazoo

The recalls affect The Green Mile in Detroit and Compassionate Care By Design in Kalamazoo.

Shaping the Cannabis Industry Through Breeding: A Q&A With Mojave Richmond

The creator of the S.A.G.E. variety and founder of BioAgronomics Group Consultants discusses his advice on cannabis breeding and how it helps guide the industry—and society.

Latest Court Ruling in Florida Reiterates Unconstitutionality of Medical Marijuana Law

If this Circuit Court order is upheld, the limit on the number of retail locations per business license will be out the window.

Texas House Committee Recommends Passage of Legislation to Legalize and Regulate Commercial Hemp Farming

The interim report released this week by the House Committee on Agriculture and Livestock says, "Development of a state hemp industry ... could be beneficial for Texas farmers, the Texas economy, the U.S. economy and the environment."

Weekend Unlimited Announces Acquisition of Canna Candys and Medibles

A Southern California company, Canna Candys new infrastructure will accelerate expansion throughout U.S. legal markets.

Braingrid Announces First Deployment of 'Sentroller S' Technology for Cannabis Cultivation

Licensed producer WeedMD is the first to deploy the "Sentroller S" system at its Ontario greenhouse.

Green Peak Innovations to Partner With PAX Labs

Green Peak has signed a deal with the vaporizer technology company.

Zenabis Starts Trading Under Exchange Symbol ZENA

Cannabis producer Zenabis Global Inc. will commence trading under exchange symbol “ZENA” on the TSXV.

M&A Adviser Piper Jaffray Begins Covering Cannabis Market Moves on Wall Street

The firm joins a small handful of other investment banks eyeing cannabis businesses.

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