Industry Headlines: Page 245

UPDATE: METRC System Functional Again in Michigan

Cannabis operators expected to follow the state-approved contingency plan.

NACB Recommends Regional Approach to Cannabis Legalization, Tilray Plans to Close High Park Gardens Facility in Ontario: Week in Review

The National Association of Cannabis Businesses has urged the governors 14 states to adopt a regional legalization strategy as they reopen following the COVID-19 pandemic.

Aurora Cannabis Completes Acquisition of Reliva LLC

Aurora acquired Reliva, a company that sells hemp-derived CBD products in the U.S., for approximately $40 million of Aurora common shares.

Campaign to Legalize Adult-Use Cannabis in Arkansas Abandons Efforts to Place Initiative on 2020 Ballot

Arkansas True Grass, which is backing a proposed constitutional amendment, will instead focus on qualifying the measure for the state’s 2022 ballot.

West Virginia Official Says Medical Cannabis Sales Will Launch in Spring 2021

Department of Health and Human Resources Secretary Bill Crouch said during a media briefing at the state capitol that product will likely be available next year.

Tilray to Close High Park Gardens, a Cannabis Greenhouse in Leamington, Ontario

The announcement comes as part of the company’s “optimization plan” for its adult-use facilities in Canada.

NACB Recommends Regional Cannabis Legalization Strategy in the Northeast and Midwest as States Reopen

Mark Gorman, the association’s executive VP and COO, says adult-use cannabis legalization can provide states with a new source of revenue as they recover from the COVID-19 pandemic.

Village Farms International Announces Pure Sunfarms' Initial Cultivation and Sales License for Delta 2 Greenhouse

Pure Sunfarms will begin to roll out vape products this summer.

Aphria Inc. Announces Move to Nasdaq

The company will continue to trade under the APHA ticker as of Monday, June 8, 2020.

TGOD Rolls Out Highly Dutch Organic

The dual branding strategy addresses both the premium and mainstream consumer.

Manitoba Will License Additional Cannabis Retailers

The province will open its cannabis retail application to all prospective applicants June 1.

California Offers License Fee Deferrals to Cannabis Businesses, Massachusetts Adult-Use Dispensaries Prepare to Reopen with Curbside Pickup: Week in Review

This week, California regulators unveiled a plan to defer license fee payments for 60 days to provide financial assistance to cannabis licensees affected by the COVID-19 pandemic.

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