Industry Headlines: Page 23

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.

DeFloria Receives Investigational New Drug Application Clearance From FDA for Cannabinoid Drug to Treat Autism Spectrum Disorder

DeFloria plans to initiate a Phase 2 clinical trial by mid-year 2025.

UFCW Secures 3-Year Union Deal for Eaze Cannabis Workers

The United Food and Commercial Workers Union aims to provide stability and protection for nearly 500 Eaze workers through four local chapters.

Aurora Cannabis Expands Medical Cannabis Pastille Offerings in Australia

The Canadian-based medical cannabis company is broadening its product portfolio to the growing market in Australia.

Due Diligence Horticulture (DDH) Expands Research Capabilities

Due Diligence Horticulture and Silver State Cultivation partner to enhance client-driven research initiatives.

Decibel Expands General Admission Brand's International Footprint

The company’s supply agreement and trademark license agreement with Keren Tirk Ltd. Will provide the brand’s dried flower to distribute in Israel.

Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio

The funding supports Story Companies’ continued expansion in Ohio’s growing adult-use market.

HYTN, A1 Cannabis Partner to Scale Production of Cannabis Products

Through the collaboration, the companies plan to expand their presence in the cannabis beverage market, while A1 transitions its portfolio from Tilray.

Island Peži Unveils Cannabis Cultivation Site in Minnesota

The Prairie Island Indian Community’s cannabis venture in Minnesota is opening a 13-acre campus to produce more than 10,000 pounds annually.

U.S. Hemp Roundtable Announces New Officers

Planet 13 Continues to Grow the Iconoclast Universe

The cannabis company partnered with boxing champion Mike Tyson, wrestling icon Ric Flair, and multi-platinum artist Future.

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