Finance: Page 45

Israeli Genetics Firm CanBreed Acquires San Diego Hemp Farm

The company uses CRISPR technology to genetically engineer cannabis plants.

Maine’s First Month of Adult-Use Sales Reach $1.4 Million, Georgia Begins Accepting Medical Cannabis Cultivation Licenses: Week in Review

This week, preliminary sales data from the Maine Office of Marijuana Policy indicated that the state’s adult-use dispensaries logged 21,194 transactions for a total of approximately $1.4 million in sales.

Advocates, Lawmakers Battle for New Jersey Cannabis Equity

Voters overwhelmingly approved cannabis legalization in the election. But many say the state’s underwhelming equity provisions must be fixed to level the playing field.

4Front Ventures to Complete 185,000-Square-Foot Manufacturing Facility in Commerce, Calif.

The first products are expected to hit California shelves in Q2 2021.

Maine Cannabis Retailers Sell $1.4 Million in First Month of Legal Sales

State regulators are enhancing online transparency dashboard with sales metrics.

A Key Piece to the Puzzle: Verano Holdings CEO George Archos Discusses AltMed Merger

Archos shares insight into the strategy behind Verano’s acquisition of AltMed, as well as how the two companies will integrate their operations to achieve their broader goals.

Liberty Health Sciences Reaches Agreement to Settle Class Action Suit

The $1.8 million US settlement, which will require court approval, aims to close the book on a class-action suit that alleges Liberty and Aphria participated in a scheme to benefit “insiders” at both companies.

What’s Next for the Five States That Legalized Cannabis in the 2020 Election?

Industry stakeholders weigh in on how adult-use and medical markets could roll out in Arizona, Montana, Mississippi, New Jersey and South Dakota, and how they could impact federal reform efforts.

Harvest Health & Recreation Inc. Announces Divestiture of Arkansas Assets

Natural State Wellness Dispensary, LLC and Natural State Wellness Enterprises, LLC, which own and operate a medical dispensary and cultivation facility, were sold on Nov. 13.

Ohio Cannabis Regulators Update Advisory Committee on Medical Program Developments

More provisional licensees may soon be certified for operation, the state is accepting testing lab applications and many patients are dissatisfied with the price of cannabis.

3 Lessons to Help Cannabis Growers Minimize Risk

Cannabis cultivators bet on each crop’s success and on getting paid on time for their harvest. Mitigating risk is a part of that bet.

Verano Holdings Announces Agreement to Acquire and Combine Operations with AltMed in Florida and Arizona, Creating One of the Largest U.S. Private Cannabis Companies

The deal combines two profitable, fully integrated platforms operating in limited-license, high-growth markets.

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