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Industry Headlines: Page 293
SAFE Banking Act Clears U.S. House, Massachusetts Bans All Vape Sales for Four Months: Week in Review
The U.S. House voted 321-103 to pass the SAFE Banking Act on Sept. 25.
Cresco Labs Enters Into Sale-and-Leaseback Agreement with Innovative Industrial Properties for Illinois Facilities
The company has signed a binding agreement to sell its Joliet and Kankakee, Ill. properties to Innovative Industrial Properties, Inc. for approximately $46.3 million.
Judge Halts Maryland’s Cannabis Licensing Process
One company has claimed that the application process was flawed, prompting a temporary restraining order.
Bruce Linton Joins Better Choice Co. as Special Adviser
The CBD animal health and wellness company hopes to glean R&D lessons from Linton’s background.
Medicine Man Pulls Vape Cartridges Containing Propylene Glycol or Vitamin E Acetate
The Colorado dispensaries have halted sales of products that include ingredients cited in lung disease investigations.
How Vaping Backlash Affects Major Tobacco-Backed Investments in Cannabis
Altria invested $1.8 billion in Cronos Group’s future. Now, the vape market is under scrutiny.
Delta 9 to Acquire Two Cannabis Retail Stores in Alberta
Delta 9 Cannabis has entered into a binding letter of intent with Modern Leaf Group to sign an agreement to acquire all assets of the two proposed retail cannabis stores in Alberta.
FSD Pharma Signs LOI to Establish Joint Venture with World-Class Extractions to Deploy Full Extraction Processing Center
The joint venture will develop, manage and operate a cannabis extraction processing center at FSD Pharma's facility in Cobourg, Ontario.
Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Second Cannabis Cultivation Facility in Denver
The company is advancing its business model into direct ownership.
New York Governor to Discuss Cannabis Legalization with Governors of Connecticut, New Jersey
New York Gov. Andrew Cuomo wants to initiate the conversation to ensure administrations in neighboring states are aligned on the issue.
The Arthritis Foundation Releases Fundamental Guidelines for CBD Therapy
The Arthritis Foundation, in collaboration with leading specialists, offers progressive guidance for better consumer outcomes with its practical educational resource on adult-use cannabis therapy for arthritic symptom management.
Eaze Launches Momentum, a Cannabis Business Accelerator to Cultivate the Growth and Success of Underrepresented Founders
The program includes 10 entrepreneurs, $50,000 grants, 10 weeks of business-development courses, marketing and retail resources, and access to industry-defining investors.
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