Finance: Page 86

FDA Warns of CBD Use and Marketing, Companies Respond

The FDA recently published a consumer notice regarding CBD’s unknown health effects and sent warning letters to companies allegedly marketing products illegally. Some have responded.

Diana Anglin Appointed Chief Operating Officer of CannAmerica

Anglin joins the company with a deep background in regulatory compliance in the higher education world.

Your Guide to the USDA's Interim Final Hemp Rule

Here’s a rundown on hemp licensing, sampling, testing and transportation protocol, plus what people are saying so far.

Cresco Labs Announces US$38 Million in Non-Dilutive Funding, Mutually Terminates Its Proposed Acquisition Of VidaCann Ltd.

The company is eliminating ~$120 million in near-term cash requirements.

FDA Warns 15 Companies for Illegally Selling CBD Products

The violations include marketing unapproved new human and animal drugs, selling the products as dietary supplements, and adding CBD to human and animal foods.

Series of Major Layoffs Hits California Cannabis Industry

Flow Kana, CannaCraft, Eaze, MedMen among companies announcing recent job cuts.

Sun Kissed Acquires Hakuna Supply, an Award-Winning Commercial Stage CBD Products Company

California-based Hakuna Supply has over 110 established retail distribution partners across over 20 states in the U.S. market.

Canopy Growth Receives Health Canada License for State-Of-The-Art Beverage Facility

The company now has all "Cannabis 2.0"-related licenses required for vapes, beverages and chocolates.

California Will Raise Cannabis Taxes in January

The hike will affect growers and retailers in the state’s struggling marketplace.

HTC Announces Acquisition of California-Based Kase Farma Inc.

The transaction includes licensing of intellectual property and the leadership of Starling’s renowned extraction and formulation team to drive the advancement of HTC’s U.S. hemp extraction and formulation business.

C21 Investments Restructures Debt Servicing and Terms of Phantom Farms Acquisition

Eight Capital has been engaged as a financial advisor to help assess strategic alternatives.

Dixie Brands' AcesoHemp Expands Retail Distribution Across Five U.S. States with Huck's Market

AcesoHemp's topical range will be on shelves in all 120 Huck's Market supermarket and convenience stores by the end of November.

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