Industry Headlines: Page 214

Arkansas Medical Cannabis Sales Top $200 Million

Patients have purchased 30,648 pounds of medical cannabis since the first dispensary opened in May 2019.

Gen Z Customers Are Entering the Cannabis Market

The legal cannabis industry is about to be bombarded with new customers—members of a distinct generation with new tastes and emerging cultural touchstones.

Unifor and Aleafia Health Partner on Medical Cannabis Coverage

Unifor will work with its local unions to recommend and propose insurance coverage in collective bargaining agreements for the reimbursement of medical cannabis.

Acreage Holdings Names Peter Caldini, Former President Pfizer North America Consumer Healthcare, as CEO

Caldini brings an ideal mix of capabilities and experience to Acreage, having served in several senior leadership positions at major healthcare and consumer packaged goods companies in the U.S. and globally.

Mississippi Medical Marijuana Association Launches to Support State’s Forthcoming Medical Cannabis Industry

The organization will provide networking opportunities and governmental affairs representation to the businesses that are eventually licensed in the program.

Delta 9 Establishes Recycling and Landfill Diversion Program in Partnership with Emterra Environmental

The Canadian licensed producer will work with the recycling company to create a sustainable recycling program for cannabis packaging and disposable vape pens, as well as a landfill diversion program for vape cartridges.

Lawsuit Challenges Missouri’s Medical Cannabis Residency Requirement

The federal lawsuit seeks to strike down a requirement in the state’s medical cannabis law that business licenses are owned by residents.

Aphria and Tilray Combine to Create Largest Global Cannabis Company

A robust supply chain and operational efficiencies are expected to generate approximately C$100 million of pre-tax annual cost synergies.

Columbia Care Acquires California's Project Cannabis

The transaction comprises $52.5 million in Columbia Care stock and another $16.5 million that’s expected to come from the sale of Project Cannabis’s real estate assets.

Verano Holdings Enters Into an Agreement for a Go-Public Transaction in Conjunction with AltMed Merger

The transaction will be effected by Verano participating in a reverse takeover of Majesta Minerals Inc.

Attorney General William Barr Resigns

Barr’s current deputy attorney general, Jeffrey Rosen, will become acting attorney general when Barr officially steps down next week.

Shawn 'JAY-Z' Carter Debuts MONOGRAM

Carter's maiden cannabis brand marks the first product launch since he accepted the role of Chief Visionary Officer with Caliva.

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