Industry Headlines: Page 18

MariMed Acquires First State Compassion Center in Delaware

The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations.

Rubicon Organics to Buy MediPharm Labs Cultivation Facility for $4.5 Million

The 47,500-square-foot indoor Hope Facility in British Columbia is equipped with advanced cultivation technology.

Planet 13 Recovers Additional $2.1 Million of Funds, $5 Million in Real Estate

The company’s settlement and recovery are related to El Capitan, an investment adviser that Planet 13 is suing.

Village Farms International Expands Medical Cannabis Distribution to New Zealand

The Canadian company expanded its exports overseas with its top-selling Pink Kush cultivar.

Trulieve Announces Appointment of Co-Founder Jason Pernell as President

Priscilla Vilchis, the 'Queen of the Desert,' Partners With Ice Cube to Launch Fryday Kush in Nevada

CEO Vilchis expands premium produce's celebrity portfolio and oversees budding equities' joint venture brands.

NBA Champion Iman Shumpert Signs Multimillion Dollar First-of-its-kind Partnership with Glenmere Farms

Glenmere Farms launches premium cannabis enterprise with TSA APPROVED as first wellness-focused brand.

Trulieve Launches Farm Bill-Compliant Onward: A Premium THC Beverage

The cannabis company’s new offering is available online and will soon be sold in select Total Wine locations in Florida.

DOJ Will No Longer Defend Administrative Law Judges From Removal

The announcement could bolster MMJ International Holdings’ ongoing lawsuit against the DEA over a medical cannabis research application.

High Tide Pause Acquisition of Purecan GmbH, Explores Alternative to Enter German Cannabis Market

The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

Bright Green Completes Restructuring Plan, Sets Course on Producing DEA Scheduled Controlled Substances

The company entered into an agreement with the Drug Enforcement Administration to withdraw all cannabis-related renewal applications.

Blum Holdings Reaches Global Settlement With People’s California

The settlement is subject to documentation and approval by the presiding judge in Chapter 11 bankruptcy proceedings for two Blum subsidiaries.

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