Industry Headlines: Page 272

Hemp Business Sues Carson City, Nev., After City Denies Its Permit

Tahoe Hemp LLC is accusing the city of breaching a contract with the property’s former owner.

CBG and CBC Kill Gastrointestinal Cancer Cells in Preliminary Study

Funded by U.S. company Cannabics Pharmaceuticals, a firm focused on the development of cannabinoid therapies for cancer treatment, Israeli researchers have demonstrated the anti-tumor efficacy of CBG and CBC against human gastrointestinal cancer cell lines.

Cresco Labs Announces Signing of Senior Secured Credit Agreement

An initial drawdown of up to US$100 million is expected at the end of January, and the agreement includes a mutual option to increase to up to US$200 million.

Aphria Inc. Enters Into Agreement to Receive $100 Million Strategic Investment from Institutional Investor

The funding strengthens Aphria's cash balance pro forma to nearly $600 million.

Cannabis Research Center at Colorado State University Receives $1.5 Million Donation

The research center, dedicated to studying the chemical compounds in hemp, is expected to open this spring.

SAFE Banking Act’s House Co-Sponsors Urge Senate to Take Action, Adult-Use Legalization Efforts Underway in New York, New Mexico and New Hampshire: Week in Review

Legislators submitted a letter to Senate committee chairman Mike Crapo this week to address his concerns about the SAFE Banking Act, and to urge him to approve the bill.

Super Drugs for Superbugs: How Cannabinoid Science Links CBG to MRSA Treatment

For nearly 40 years, the antimicrobial effects of cannabis-sourced compounds have been known to researchers. A new study sheds light on the particularly potent efficacy of an up-and-coming cannabinoid, CBG.

Golden Leaf Holdings Pursues Legal Action Against BMF Washington and Its Owner

The plaintiffs assert two claims for breach of contract, arising out of the parties’ equipment leasing and intellectual property licensing agreements.

Justice Grown Wins an Additional 8 Missouri Medical Cannabis Licenses

Three manufacturing and five dispensary licenses bring the total to 11 Missouri licenses for the company.

Missouri Awards Nearly 200 Medical Cannabis Dispensary Licenses

The state began notifying the more than 1,100 license applicants of their status on Jan. 23.

EcoGen Labs Is Building New Headquarters in Grand Junction, Colo., and Expanding Genetics Capacity

The 20-acre property will become a 'hub' for hemp-derived CBD processing.

Michigan Regulatory Agency Recalls Vape Cartridges with High Levels of Vitamin E Acetate

The recall affects vape cartridges sold from Plan B Wellness.

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