Industry Headlines: Page 310

Curaleaf Retracts CBD Health Claims After FDA Warning, New York Decriminalizes Cannabis: Week in Review

Curaleaf has scrubbed its website and social media accounts of health claims about its CBD products in response to a warning from the Food and Drug Administration.

Colorado Looks to Medical Marijuana to Ease Opioid Crisis

Colorado is the third state after New York and Illinois to allow doctors to recommend medical marijuana for any condition for which they would prescribe an opioid.

Mark Zuckerberg Named in Tulsa Dispensaries' Lawsuit Over 'Facebook Jail' Harming Legal Cannabis Businesses

The owners of seven medical marijuana dispensaries in Oklahoma have sued Facebook over allegations that the social media website is “subjectively” putting them in “Facebook jail” when they post about their businesses.

Bragar Eagel & Squire, P.C. Is Investigating Curaleaf Holdings, Inc. on Behalf of Stockholders, Encourages Investors to Contact the Firm

The investigation concerns whether Curaleaf has violated the federal securities laws and/or engaged in other unlawful business practices.

Rep. Antonio Delgado Authors Letter with House Small Business Committee Members Supporting Economic Opportunities From CBD in Farming and Small Business

The letter urges the FDA to provide regulatory guidance on CBD products to support American farmers and entrepreneurs in this growing market.

Medical Marijuana Cleared for Release to Louisiana Patients

Medical marijuana is expected to start reaching select dispensaries in Louisiana on Aug. 6.

PanXchange Launches ‘Institutional-Grade’ Hemp Trading Platform

The commodities exchange will facilitate development of the newly legal U.S. hemp industry.

Aleafia Health Completes Largest Cannabis Order to Date, Provides Facility Update

The single product order surpasses the company's entire 2018 revenue from cannabis sales.

Green Growth Brands Announces Acquisition Closing of Florida-Based Spring Oaks

The closing of this acquisition allows Green Growth Brands to operate up to 47 dispensaries across Nevada, Massachusetts and Florida.

Marijuana Company of America Issues Update on Proposed Reverse Stock Split

The 1-for-60 reverse stock split will not be effective July 31 as previously expected.

Snapchat and Twitter Cannabis Ads Risk Government Crackdown

Regulators in Canada declined to comment on an ongoing investigation into ads Hexo Corp. ran on Snapchat, the app run by Snap Inc.

Sipp Industries Provides Update on Major Hemp HIPA Expansion

Major Hemp HIPA is now available in over 250 locations across the Midwest.

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