Industry Headlines: Page 311

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.

Woodstock Music Festival Can License Its Name to Marijuana Brand

U.S. District Judge Paul Gardephe rejected a claim that the deal would infringe on the name of another company, Woodstock Roots.

Innovative Industrial Properties Acquires Massachusetts Property and Enters Into New Tenant Relationship With Trulieve Cannabis Corp.

"We are thrilled to add a tenant with the strength of credit and of the caliber of Trulieve to our tenant roster," said Paul Smithers, President and Chief Executive Officer of IIP.

Leviathan Cannabis Closes Tennessee Acquisition for CBD Manufacturing Operation

The acquisition facilitates the establishment of a new business unit in Smith County, Tennessee to manufacture CBD isolate and other CBD products from hemp.

Choom Appoints New President, Corey Gillon, with 20 Years of Senior Retail Leadership

Gillon joins the company as a seasoned global retail executive to strengthen Choom's management team as it prepares for rapid growth within the Canadian cannabis retail market.

Trait Biosciences Announces That Its Amplified Cultivation Technology Quadruples CBD Production in Hemp

The Amplified hemp plants also had a 35-percent increase in the number of trichomes on the leaves of the plant, relative to the control plants.

Over 1,200 Apply for Cannabis Equity Licensure in Los Angeles as Next Deadline Looms

The deadline was July 29 to apply for the Los Angeles Department of Cannabis Regulation's program that allows low-income and low-level marijuana criminal offenders to operate dispensaries.

6 Companies Challenge Utah’s Medical Marijuana Growing Picks

Chris Hughes, director of the state's Division of Purchasing, confirmed that six rejected applicants met Friday's appeal deadline.

Golden Leaf Holdings Announces Extension of Chalice Earn-Out Payment

The company has extended the due date for an earn-out payment due to Chalice LLC and its members, related to the acquisition of certain assets and a subsidiary of Chalice on July 7, 2017.

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