Industry Headlines: Page 279

Resource Innovation Institute Applauds New Massachusetts Cannabis Energy Regulations

The new regulations streamline reporting for cultivators.

Rhode Island Lawmakers Seek to Dismiss Governor’s Lawsuit Over Cannabis Law

Gov. Gina Raimondo has asked a judge to block legislation that would give the legislature the power to veto cannabis regulations.

Nevada’s Cannabis Dispensary Licensing Process Is Fair, According to State Audit

Despite lawsuits and allegations of corruption, a state audit has determined that the licensing process is “adequate.”

CDC Points to Vitamin E Acetate as Likely Culprit in Vape Crisis, Massachusetts Ordered to Lift Ban on Medical Vape Products: Week in Review

Vitamin E acetate has been found in the lung fluids of patients affected by the outbreak of vape-related injuries—a breakthrough that identifies the vape cartridge additive as the likely culprit in the epidemic.

Kali-Extracts Announces Second Bidder On Its Cannabis Biopharmaceutical Technology Valued At $50 Million

The company recently announced entering into discussions with a first investor to explore a possible sale of Kali's cannabis biopharmaceutical technology.

Petitions to Legalize Cannabis in Florida Run Short on Signatures as Deadline Looms

Two petitions that would place adult-use cannabis initiatives on Florida’s 2020 ballot need 766,200 signatures before Feb. 1 to qualify.

Judge Rules Racial Quotas in Ohio Medical Cannabis Program Are Unconstitutional

A section of the law requires that 15 percent of licensed companies in the program are owned by members of “economically disadvantaged groups.”

Sun Kissed Announces Fully Executed LOI to Acquire Hakuna Supply, an Award-Winning Commercial Stage CBD Products Company

Hakuna is located in California with over 110 established retail distribution partners across over 20 states in the domestic U.S. market.

Canopy Growth and Drake Launch New Cannabis Wellness Company

The pair will launch the More Life Growth Company, a fully licensed producer of cannabis based in Drake's hometown of Toronto, Canada.

Northern Swan Holdings Fully Integrates Colombia’s Clever Leaves

The single international company will now operate under the Clever Leaves brand.

Merida Merger Corp. I Announces Pricing of USD$120 Million Initial Public Offering

The offering is expected to close on or about Nov. 7, 2019, subject to customary closing conditions.

Veritas Farms Launches in Winn-Dixie with Full Spectrum Hemp Oil Ingestible and Topical Products

The company's ingestible and topical products will be featured in 152 South Eastern Grocers’ Winn Dixie stores in Florida and South Carolina.

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