Industry Headlines: Page 299

Mississippi Group Submits Enough Signatures to Place Medical Marijuana on 2020 Ballot

Mississippians for Compassionate Care turned in more than 105,000 signatures ahead of a Sept. 6 deadline to submit 86,000 signatures from registered voters.

California Cannabis Tax Revenue Isn’t Meeting Projections, So Public Officials Are Getting Conservative With New Estimates

Revenues from the licensed marketplace are up year-over-year, from 2018 to 2019, but not enough to satisfy early hopes for the state.

Steep Hill Announces Oklahoma Licensee for Cannabis Testing

This is the second license for Steep Hill in the south, and the co-founders are a licensed physician and a medical laboratory director.

Missouri Receives More Than 2,000 Medical Cannabis Business License Applications

The state must award business licenses by Dec. 31 according to Amendment 2, the voter-approved initiative that legalized medical marijuana.

Aleafia Health Expands Outdoor Cannabis Cultivation Facility Through Property Acquisition

The company has purchased an additional 60 acres adjacent to its current Port Perry cultivation facility.

Medicine Man Technologies to Bolster Retail Distribution Channels With Planned Acquisition of Colorado Harvest Company

Under the terms of the transaction, Medicine Man Technologies will purchase Colorado Harvest for $12.5 million.

Minnesota Lawmaker Launches Adult-Use Cannabis Discussions

House Majority Leader Ryan Winkler plans to tour 15 communities to discuss the issue and will author a legalization bill in the next legislative session.

Marijuana Company of America Officially Launches VivaBuds in San Fernando Valley

The cannabis delivery service has expanded operations within California.

Village Farms International Announces Pure Sunfarms' Cannabis Supply Agreement with British Columbia Liquor Distribution Branch

Combined with the previously announced supply agreement for Ontario, Pure Sunfarms will have access to more than half of the Canadian population.

BevCanna Signs Letter of Intent for 130-Acre Outdoor Cannabis Cultivation

The joint venture with Clearwater CannGrow will allow the company to grow certified organic sun-grown cannabis.

The Green Organic Dutchman Welcomes New Investors, Provides Update on Aurora Ownership

The recent transaction between Aurora Cannabis and a syndicate of Canadian banks improves revenue and margin potential by recovering offtake of TGOD's organic cannabis.

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Denver Cannabis Retail Operation

The 3,300-square-foot retail location is projected to have gross sales exceeding $8.5 million in 2019 and $9.5 million in gross sales in 2020.

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