Industry Headlines: Page 108

Agrios Global Sues Former Directors Over $30M Cannabis Facility

The lawsuit in Mason County, Wash., alleges the former board chairman and CEO breached fiduciary duties by unlawfully taking the property and business.

Vermont Issues First Cannabis Retail Licenses

Regulators awarded the licenses to Mountain Girl Cannabis, FLORA Cannabis and CeresMED.

Cookies Partners With Cirona Labs on New Products

The company plans to launch a range of infused products later this fall, including beverages, capsules, tinctures and topicals, with support from Cirona’s R&D.

Wyld Expands Edibles Product Offerings Into Oklahoma

The leading U.S. edibles brand is offering products at a growing number of dispensaries for medical patients in the Sooner State with more on the horizon.

Missouri Supreme Court Won’t Poke Nose in Cannabis Ballot Measure

Voters will decide a referendum to legalize adult-use cannabis after a prohibitionist group’s failed attempt to remove it from the ballot.

Akanda Partners with Cookies to Bring the Cannabis Brand and High THC Strains to European Consumers

The exclusive licensing agreement enables Akanda to cultivate, manufacture and sell Cookies branded products in Portugal, including operating Cookies branded pharmacy outlets.

Hemp Cooperative Partners With University to Study Hemp Fibers in Biodegradable Plastics

The partnership will help the National Hemp Growers Cooperative create more market opportunities for its members, as well as open the door for Troy University to develop similar partnerships in the future.

New Frontier Data Appoints Chief Knowledge Officer

Dr. Amanda Reiman was promoted after joining New Frontier in January as VP, Public Policy Research.

Unrivaled Brands Appoints Patty Chan as Interim Chief Financial Officer

Chan has over 14 years of accounting, financial reporting, compliance and operational experience across the cannabis, real estate, and financial services industries.

Merida Capital Holdings Partners With Azucarera El Viejo for Medical Cannabis Facility in Costa Rica

The partnership comes after the Central American country legalized the use of cannabis for medical and therapeutic purposes.

Adult-Use Legalization Projected to Diminish North Dakota’s Medical Market

The state’s patient numbers could decrease by more than 80% under a 2022 initiative, which would allow edibles and do away with monthly limits for adults.

BDSA Reports Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026

Despite an inflationary environment, U.S. cannabis sales are expected to reach $27 billion by the end of 2022, a jump of 7% over 2021 sales.

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