Industry Headlines: Page 21

AYR Wellness CFO Resigns

Chief Financial Officer Brad Asher is leaving the cannabis company after filing its 2024 annual financial statements.

Catch The High Tide: Curaleaf Launches 'Reef' Flower Brand in Florida

Curaleaf's newest flower brand is inspired by the colorful, prismatic look of the cannabis plant and the relaxed vibes of Florida's sun-soaked coastline.

Innovative Industrial Properties Reports Resolution to Default by PharmaCann

The entities reached an agreement to resolve PharmaCann’s existing defaults under leases for 11 properties that the company owns.

Safe Harbor Financial CEO Stepping Down

Sundie Seefried is planning to retire in 30 days but will remain as a board member. The company is commencing a CEO succession initiative.

The Man Behind DEA’s Federal Marijuana Scam

DEA Senior Policy Adviser Matthew Strait defied presidential mandates for medical research, MMJ International Holdings claims.

AYR Wellness Appoints George Denardo as President

Denardo is also AYR’s chief operating officer. He will oversee all of the cannabis company’s vertically integrated operations in his additional role.

Indigenous Cannabis Industry Association Advances Equity in the Cannabis Industry in 2024

An eventful year was characterized by increased membership, leadership gatherings and international speaking engagements, all on behalf of the future of Indigenous communities in cannabis

Mango Cannabis Opens Largest Dispensary In New Mexico Sunland Park Home to 9,000-Square-Foot Superstore

The 9,000-square-foot superstore was built with the ability to process 2,000 to 3,000 orders a day.

Aurora Cannabis Launches First Domestically Grown Medical Cannabis Brand in Germany Under New Cultivation License

Investment in the region continues with the launch of IndiMed, the company's first locally grown brand in Germany.

Standard Wellness Secures $10 Million Credit Facility at Market-Leading 9.25% Rate to Refinance Debt and Drive Growth

Leafly Delisted From Nasdaq

The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.

President Joe Biden Commutes Sentences for Nearly 2,500 Nonviolent Drug Offenders

The latest act means Biden has granted more individual commutations than any other president.

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