Industry Headlines: Page 280

SOL Global's CannCure and MCP Wellness Mutually Agree to Terminate Binding LOI While Continuing Strategic Partnership

SOL Global will focus its resources and investments on the growing Florida market and its purchase of California cultivator Northern Emeralds.

Aurora Cannabis Opens Experiential Flagship Store in North America's Largest Mall

The store is an 11,000-square-foot retail destination and global center for cannabis education, discovery and community engagement.

Illinois Licenses 7 More Medical Cannabis Dispensaries to Sell to the Adult-Use Market

There are now 29 total licensed dispensaries that can launch adult-use sales Jan. 1.

Cresco Labs Announces US$38 Million in Non-Dilutive Funding, Mutually Terminates Its Proposed Acquisition Of VidaCann Ltd.

The company is eliminating ~$120 million in near-term cash requirements.

FDA Warns 15 Companies for Illegally Selling CBD Products

The violations include marketing unapproved new human and animal drugs, selling the products as dietary supplements, and adding CBD to human and animal foods.

Michigan Issues Two More Adult-Use Cannabis Dispensary Licenses

Three retailers are now licensed to serve the recreational market when it opens Dec. 1.

Pyxus International, Inc. Partners with NC State University to Advance Research on Hemp Cultivation and CBD Production in Greenhouse Conditions

The research will identify and quantify if the hemp plant's overall growth, as well as its cannabinoid and CBD quantity and quality, are impacted by varying fertility rates.

Sun Kissed Acquires Hakuna Supply, an Award-Winning Commercial Stage CBD Products Company

California-based Hakuna Supply has over 110 established retail distribution partners across over 20 states in the U.S. market.

Canopy Growth Receives Health Canada License for State-Of-The-Art Beverage Facility

The company now has all "Cannabis 2.0"-related licenses required for vapes, beverages and chocolates.

House Committee Approves Bill to End Federal Cannabis Prohibition, Michigan Issues First Adult-Use Cannabis Licenses: Week in Review

The House Judiciary Committee approved the MORE Act, which would remove cannabis from the Controlled Substances Act.

HTC Announces Acquisition of California-Based Kase Farma Inc.

The transaction includes licensing of intellectual property and the leadership of Starling’s renowned extraction and formulation team to drive the advancement of HTC’s U.S. hemp extraction and formulation business.

Idaho Legalizes Businesses Transporting Hemp Through State

Gov. Brad Little recently issued an executive order temporarily legalizing interstate transportation of the crop until state legislature enacts a more permanent solution.

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