Business Issues/Benchmarks: Page 426

Liberty Health Sciences Experiences Significant Increase in Year-Over-Year Revenue, Provides Update on Liberty 360 and Ohio Operations

For the quarter ended Nov. 30, 2018, revenue increased by 45 percent compared to the quarter ended Aug. 31, 2018.

California's Bureau of Cannabis Control Releases Proposed Cannabis Regulations

The regulations are currently under review by the California Office of Administrative Law.

Cresco Labs Announces Profitable Third Quarter 2018 Financial Results

The company experienced revenue growth of 335 percent year-over-year and 51 percent quarter-over-quarter.

How Michigan Cannabis Businesses Are Preparing for an Adult-Use Market

This vote will have far-reaching implications, as Michigan already has the second-largest medical marijuana market by cardholder count in the U.S.

Cresco Labs Appoints Beverage Branding Executives to Team

Cory Rothschild has been named Vice President of Brand Marketing and Cris Rivera has been named Vice President of Consumer Experience.

Green Peak Innovations Approved for All 12 Medical Cannabis Cultivation Licenses in Michigan

The Lansing-based company has applied for 12 class C cultivation licenses, one processor license and 19 provisioning center licenses in Michigan.

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment From Marlboro Maker Altria Group Inc.

The investment from the manufacturer of Marlboro cigarettes provides Cronos Group with additional capital for global growth.

U.S. Tax Court Ruling Upholds 280E, Utah Replaces Voter-Approved MMJ Ballot Initiative With Compromise Bill: Week in Review

The years-long litigation of Harborside Health Center of Oakland ended this week when the U.S. Tax Court ruled the company must repay business deductions due to the federally illegal nature of cannabis.

The Numbers Are Out for the Second Week of Recreational Marijuana Sales in Massachusetts

Friday was the busiest day, once again.

Ascend Wellness Closes $40M Funding Round

The vertically integrated cannabis operator has developing licenses in Massachusetts, Michigan and Illinois.

Company Selected to Make, Dispense Medical Cannabis Oil in Portsmouth, Va.

Columbia Care is planning on opening its dispensary in the spring of 2019.

Acreage Holdings Announces Acquisition of Form Factory

The acquisition will help Acreage create and distribute predictable and scalable proprietary brands.

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