Business Issues/Benchmarks: Page 432

Colorado Removes Definition of Industrial Hemp From State Constitution

Voters passed Amendment X in the Nov. 6 election in preparation for possible federal changes regarding hemp regulation.

Massachusetts Marijuana Sales Likely Days Away After Regulators OK Labs

Two labs — CDX Analytics in Salem and MCR Labs in Framingham — were issued “commence full operations” notices.

Thousands of Patients in Limbo as Israeli Ministry Temporarily Shuts Top Cannabis Grower

The Health Ministry has issued a temporary stop work order against Israel’s largest medical cannabis company, Tikun Olam.

In California: Arvin Voters OK Cannabis Measure, But Bakersfield and Kern Voters Say ‘No’

Kern County supervisors previously banned all commercial cannabis activity.

Marijuana Stocks Rally After Michigan Votes to Legalize Recreational Cannabis

Shares of major Canada-based cannabis companies rallied in pre-market trading Wednesday.

Wisconsin Voters Say Cannabis Should Be Legal for Medical, Recreational Use

In each case, voters favored legalizing medical marijuana by margins of two to one, or better.

Michigan Legalizes Adult-Use Cannabis

The news will bring the Midwest its first adult-use cannabis market, likely sometime in 2020.

Puration Inc. Publishes Telluride Health Company Acquisition Shareholder Presentation

Puration released an online presentation with details on the recent acquisition and the plans for integrating the operation into PURA’s overall cannabis beverage business model.

CannAmerica Appoints Dan Anglin and Frank Falconer to the Board, Extends Investor Awareness

The company has also signed investor relations agreements with Darwin Productions Inc. and Wallace Hill Partners Ltd.

Stem Holdings Inc. Receives License for Newly Constructed Cannabis Cultivation Facility in Oregon

The cannabis real estate company has received a license for its newly constructed cannabis facility in Springfield, Ore.

urban-gro Hires Executive Vice President

The company has appointed Jonathan Nassar to spearhead its global sales initiatives.

Kali Inc. Announces U.S. Cannabis Health JV With Puration and Nouveau Life Pharmaceuticals

Kali has partnered with Puration, Inc. and Nouveau Life Pharmaceuticals, Inc. to form U.S. Cannabis Health, a JV company formed for the development of cannabis pharmaceutical and wellness products.

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