Industry Headlines: Page 274

Global Cannabis Sales Grow 48% to $15 Billion in 2019

The cannabis market on track to reach $43 billion in 2024.

Joliet, Ill., Cresco Labs Employees Vote to Unionize

At Cresco Labs’ cannabis cultivation facility in Joliet, Ill., employees voted 58-37 in favor of joining United Food and Commercial Workers Local 881.

Halifax County, Va., Secures $250,000 Grant to Fund Hemp Processor Facility

Project Phoenix promises help for an ailing supply chain in southern Virginia.

New Approach Montana Submits 2020 Marijuana Legalization Ballot Initiatives for State Review

The secretary of state and attorney general must review the proposed initiatives before signature collecting can begin.

Illinois Adult-Use Cannabis Sales Reach Nearly $20 Million in First 12 Days

Statewide sales from Jan. 1 through Jan. 12 totaled $19,709,345.10.

Missouri Issues Medical Cannabis Manufacturing Licenses

The Department of Health and Senior Services has started awarding 86 licenses to facilities that will be able to manufacture cannabis-infused products.

Utah Awards Medical Cannabis Pharmacy Licenses, Illinois Dispensaries Grapple with Supply Issues: Week in Review

The Utah Department of Health announced the 10 companies that will ultimately be licensed to sell medical cannabis at 14 locations across the state beginning in March.

Pre-Clinical Study Suggests CBG Is More Effective Than CBGA on Stomach and Bone Cancers

Researchers at Cannabics Pharmaceuticals in Israel have announced preliminary findings that show CBG may be more effective against human stomach and bone cancer cell lines than the acidic precursor, CBGA.

The Green Organic Dutchman Announces Executive Leadership Consolidation

The company is making changes to streamline its leadership structure.

Medical Cannabis Initiative Will Appear on Mississippi’s 2020 Ballot

Voters will decide whether to legalize medical marijuana this fall.

Here Are the 12 Canadian Cannabis Companies That Trade on U.S. Stock Markets

FSD Pharma, a Toronto-based biotech pharmaceutical R&D company, garnered a Nasdaq uplisting this winter and began trading on the U.S. market Jan. 9.

Illinois Opens Application Process for Cannabis Infuser, Transporter and Craft Grower Licenses

The state’s Department of Agriculture will begin accepting applications Feb. 14.

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