Industry Headlines: Page 257

Aleafia Health Provides Update on Strategic Growth Initiatives

The company has has a successful transition to virtual clinic services with 3,300 remote patient consultations completed since March 16.

Los Angeles Department of Cannabis Regulation Sends New Licensing Process Recommendations to City Council

Among the recommendations are for city council to amend the municipal code with revised definitions, and temporary approval and priority processing for certain applicants.

Social Media Influencer, Cannabis Gifting Company Celebrate 4/20 Digitally

Higher Celebrations and Chrissy Harless celebrate 4/20 in the era of COVID-19, discuss lessons learned in influencer marketing.

Adult-Use Cannabis Legalization Initiative Will Not Appear on Missouri’s 2020 Ballot

The chairman of the committee supporting a push to get the issue in front of voters this fall has said that the campaign is over due to the COVID-19 crisis.

Canopy Growth Scales Back Operations

The Canadian licensed producer looks to slow down cash-burn as new CEO reviews costs.

CBD and COVID-19 Part 2: How Companies Have Evolved

Despite an uncertain future, CBD businesses are evolving to meet customers’ needs and retain employees amid the COVID-19 outbreak.

Aphria Inc. Announces Net Cannabis Revenue Increases 65% From Prior Quarter and Fourth Consecutive Quarter of Positive Adjusted EBITDA

The company has provided updates on the COVID-19 impact and fiscal year 2020 guidance.

Cresco Labs Completes Expansion of Illinois’ Largest Cannabis Cultivation Facility in Lincoln

The expansion enables Cresco to immediately address Illinois' cannabis demand/supply imbalance.

The Green Organic Dutchman Signs Letter of Intent with Quebec's SQDC

The company now has agreements in place with every province except PEI.

Green Thumb Industries (GTI) Announces Resignation of Armen Yemenidjian

Yemenidjian has stepped down from his role as president in order to spend more time with his family in Nevada.

Planet 13 Announces Termination of Santa Ana Acquisition

The acquisition was terminated due to unmet conditions in the definitive agreement.

Maine Regulators Postpone Launch of State’s Adult-Use Cannabis Market Due to COVID-19 Pandemic

Citing safety and social distancing concerns, the Office of Marijuana Policy has indefinitely delayed the launch of adult-use sales.

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