Industry Headlines: Page 249

Illinois Delays Awarding New Cannabis Dispensary Licenses, Canopy Growth Lays off 200 More Workers: Week in Review

This week, Illinois regulators planned to issue 75 adult-use dispensary licenses, but instead announced that they will now wait until the governor’s disaster proclamation expires.

DNA Genetics Partners With Copperstate Farms in Arizona

The breeding company’s proprietary genetics will be available at Copperstate’s Sol Flower dispensaries.

Canopy Growth Lays Off 200 Additional Employees

In its latest phase of scaling back operations, the Canadian LP eliminated workers in Canada, the U.S. and the UK.

Illinois Delays Issuing New Cannabis Dispensary Licenses Due to COVID-19 Pandemic

The state planned to award 75 new adult-use dispensary licenses May 1, but will now wait until the governor’s disaster proclamation expires.

FDA Warns Two Companies to Stop Marketing CBD as Opioid Addiction Treatment

The letters were sent to BIOTA Biosciences LLC and Homero Corp, the latter of which conducts business as Natures CBD Oil Distribution.

Following Nearby Destruction of 500-Acre Hemp Crop, Arvin, Calif., Moves to Regulate Industry

The city aims to have local jurisdiction over growers and manufacturers, as well as work with them to obtain tax revenue and support the community and environment in other ways.

Appeals Court Sides with Cambridge, Mass., in Lawsuit Over Cannabis Licensing Moratorium

A medical cannabis dispensary sued the city last year over an ordinance that allows only economic empowerment applicants to receive adult-use dispensary licenses for two years.

Denver Establishes Working Group to Help Advance Cannabis Business Licensing

The 24-member advisory board, made up of industry and community stakeholders, will issue recommendations on cannabis licensing and regulation.

Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement with Tryke

The move frees up $55 million in capital to further invest in the company's organic growth pipeline.

How Las Vegas' Planet 13 Shifted From Tourist Base to Locals Only

Planet 13's David Farris explains how the dispensary that once primarily served out-of-state visitors has transitioned to delivery-only and serving a new clientele during the coronavirus pandemic.

CBD Store and More Plows Ahead With Opening Amid COVID-19 Pandemic

Harvest Connect has opened its flagship CBD retail location with key adjustments to keep customers and employees safe. Here's how it's faring.

UC Davis Releases Report on California Cannabis Testing Costs

Researchers found that cannabis growers’ testing costs average $136 per pound.

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