Industry Headlines: Page 144

CULTA Takes Home Awards for Digital Branding and Creative

The Maryland cannabis company received multiple awards from the AVA Digital Awards and Hermes Creative Awards.

Fluresh Lands $25-Million Note From Federally Regulated Bank

The hefty loan signals another degree of normalization for an industry poised on the edge of impending bank reform.

HEXO Announces Leadership Transition; Company Appoints Charlie Bowman as Chief Executive Officer and Julius Ivancsits as Chief Financial Officer

Scott Cooper steps down, and the Board of Directors acknowledges Cooper in stabilizing the company.

Bankers Associations From All 50 States Urge Senate Leadership to Pass SAFE Banking Act

Members of the American Bankers Association and state bankers associations sent a letter to lawmakers April 28, asking them to include the SAFE Banking Act in the America COMPETES Act.

Ayr Wellness Opens 46th Florida Dispensary in Tampa

The new facility includes roughly 3,000 square feet of retail space.

Medical Cannabis Company Sues Georgia Regulators, Alleges Licensing Process Was Marred By ‘Conflict of Interest’

Cumberland Curative has filed a lawsuit against the Georgia Access to Medical Cannabis Commission, claiming that the company was wrongfully excluded from winning a license.

Ethos Cannabis Expands into Ohio with Cultivation and Dispensary Acquisitions

Previously, Ethos’s footprint included retail and production operations in Massachusetts, Pennsylvania and Maryland.

Georgia Voters Will Weigh In on Adult-Use Cannabis Legalization

One of the non-binding advisory questions on the state’s ballot next month asks if Georgia should legalize, regulate and tax cannabis like alcohol.

Canopy Growth Announces Cost-Cutting Initiatives, Layoffs

The Canadian cannabis producer plans to cut 250 jobs as it further streamlines the organization in its quest to achieve profitability.

Alan Brochstein of New Cannabis Ventures, 420 Investor Recovering from April 15 Bicycle Crash

Brochstein was hit by a car while he was riding his bicycle. He suffered multiple bodily fractures that required operations in a Level 1 trauma facility.

Mississippi’s Third-Largest County Takes No Action on Cannabis Participation

The DeSoto County Board of Supervisors did not make any official decisions on medical cannabis but have one more meeting before the May 3 deadline.

Applications Open for California State Fair’s Cannabis Competition

The competition is open to all licensed California cannabis cultivators.

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