Industry Headlines: Page 11

Trulieve Launches ‘Roll-Up for Justice’ Campaign to Support Mission [Green]

The cannabis company’s customers in five states can support the initiative by rounding up their purchases to the nearest dollar.

TerrAscend’s Chief Financial Officer is Stepping Down

Keith Stauffer will resign next month, as the cannabis company transitions the CFO role in an interim capacity.

Cresco Labs Delivers $30 Million in Q1 Operating Cash Flow

The cannabis company also reported $166 million in first-quarter revenue with ‘flexibility and financial strength’ to start the year.

The Cannabist Co. Completes Previously Announced Plan of Arrangement

The arrangement resulted, in part, in the exchange of outstanding senior secured convertible notes and senior secured first-lien notes.

UCLA Report Reveals Unsafe Working Conditions, Wage Theft in California Cannabis Industry

The UCLA Labor Center and Cannabis Worker Collab released the report based on 1,100-plus worker voices, documenting how unions can deliver change.

C3 Industries Appoints 4 Strategic Executives to Retail Leadership Team

The multistate cannabis operator is assembling a ‘dream team’ of cannabis retail operators to accelerate the company’s High Profile brand growth.

Cresco Labs Opens New Sunnyside Dispensary in Pennsylvania

The medical cannabis retail facility in Beaver Falls is the company’s 16th location in the state.

MediPharm Labs Expands Novel Cannabis Metered Dose Portfolio in EU, UK

The company began producing its first order for the international expansion under a sales and distribution agreement with Blackpoint.

All 4Front Subsidiaries File for Court-Appointed Receiver

The company intends to continue operating during the receivership process and hopes the process will generate value for stakeholders.

MediPharm to Close $4.5 Million Cash Sale of Cannabis Facility to Rubicon Organics in June

The transaction is for a 47,500-square-foot indoor cultivation facility in Hope, British Columbia.

More New Jersey Cannabis Workers Vote to Unionize With UFCW Local 360

The Fresh Eatontown dispensary workers follow their colleagues from Fresh Elizabeth LLC in choosing Local 360.

Curaleaf International Launches Medical Cannabis Products in Australia

The company’s product offering will be distributed by licensed Australian manufacturer and wholesaler Canngea.

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