Finance: Page 55

Oregon Cannabis Sales Surpass $100 Million in May

Last month’s sales were 60% higher than May 2019.

Joe Caltabiano Leaves Cresco Labs Board of Executives

Cresco co-founder has already stepped down from his position as president of the company in March.

Aphria Inc. Begins Trading on the Nasdaq Market

The Ontario-based cannabis producer will continue to trade primarily on the Toronto Stock Exchange.

California Governor Warns of Declining Cannabis Sales Due to Coronavirus Crisis

Gov. Gavin Newsom has revised his proposed state budget to forecast less revenue from the state’s cannabis excise tax due to the pandemic.

Neptune Announces Robert DiPede as Senior VP of Biodroga and Health and Wellness Innovation

Former Walmart executive looks to help the company expand its cannabis and other health and wellness products sales.

Cannafornia CEO and Investors Enter Ugly Legal Battle

A California cannabis CEO and his company’s Russian investors file lawsuits against one another claiming elaborate schemes of theft, fraud and libel.

Hemp Virtual Conference to Provide In-Depth Education on June 23

This four-hour event free to registrants will cover business partnerships, regulations, harvesting techniques and more.

Oklahoma Medical Cannabis Sales Surpass $73 Million in May

May’s sales figures are the highest since the program launched.

MJardin Terminates the Acquisition of Cannabella

The acquisition of the edibles and topicals producer was to close in late 2019.

Aurora Cannabis Completes Acquisition of Reliva LLC

Aurora acquired Reliva, a company that sells hemp-derived CBD products in the U.S., for approximately $40 million of Aurora common shares.

In the Face of Restrictions and Limited Channels, Cannabis Marketers Turn to Out-of-Home Advertising–Here’s the Right Way to Do It

Cannabis brands are faced with significant challenges in their marketing efforts, but out-of-home advertising has emerged as the advertising channel of choice for many businesses.

Aphria Inc. Announces Move to Nasdaq

The company will continue to trade under the APHA ticker as of Monday, June 8, 2020.

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