Industry Headlines: Page 270

Oklahoma’s First Year of Medical Cannabis Licensing, Revenue Exceeds Expectations

Eighteen months after legalization, 8% of Oklahomans have a medical cannabis card and the state has licensed more than 2,200 dispensaries.

Resource Innovation Institute to Host Indoor Agriculture Energy Solutions Conference

The IAES Conference will be held at the San Diego La Jolla Marriott February 24-26, 2020.

Marijuana Policy Project Hires Senior Legislative Counsel

Attorney DeVaughn Ward is joining MPP as efforts to end cannabis prohibition in Connecticut ramp up.

Colorado Launches Cannabis Banking Reform Efforts

Lawmakers and other state officials have launched several campaigns aimed at providing more guidance and protection for financial institutions that serve the state’s legal cannabis industry.

Illinois Adult-Use Cannabis Sales Reach Nearly $40 Million in January

Over 970,000 items were sold by licensed dispensaries across the state, according to data published by the Department of Financial and Professional Regulation.

Missouri Cannabis Regulators Unable to Access FBI’s National Fingerprint Database

Until the situation is remedied, the state is not able to perform background checks on prospective employees in the industry.

Golden Leaf Holdings to Acquire Extractor Tozmoz

The acquisition allows for expanded extraction capabilities to support the company's growth.

Cresco Labs Closes $100 Million Senior Secured Credit Facility

The proceeds from the loan will be used to fund the expansion of operations in Illinois, closing and integration costs associated with pending acquisitions, and other strategic growth initiatives in key markets.

Aurora Cannabis Receives EU GMP Certification for its Aurora River Facility

Aurora now has three EU GMP certified production facilities in Canada.

New Mexico Court Rules Medical Cannabis Producers Can Claim Tax Deduction

A state Court of Appeals ruling allows producers to claim a tax deduction for prescription medication, which could affect both patients’ costs and the state budget.

Inside Thomas Jefferson University’s Groundbreaking Hemp Research

The researchers took the hurd of the hemp plant and processed it down into nanoparticles, creating “a building block for new fibers and new yarns going forward."

Legendary Cannabis Breeder Subcool Has Died

The news hit the industry hard, displaying the ripple effects of Subcool’s influence on breeders across the world.

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