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Industry Headlines: Page 313
Medical Cannabis 'Drops' Pulled From Ohio Store Shelves, Refund Offered for Some Products
Patients reported finding dark-colored debris in two bottles of the liquid product that had production dates in April and May.
CannTrust Fires CEO and Chair in Wake of Illegal Growing
CannTrust Holdings Inc. terminated with cause its CEO Peter Aceto, and demanded the resignation of board chair Eric Paul, who complied.
CannTrust Announces Senior Leadership Changes
The investigation into the company's non-compliance with Health Canada regulations uncovered new information that caused the Board to terminate CannTrust CEO Peter Aceto.
UFC Teams Up With Aurora Cannabis on CBD Study in Fighters
Ultimate Fighting Championship athletes will serve as test subjects to find out if the cannabis compound CBD can treat the aches and pains that come hand in hand with their violent sport.
Canada's New Licensing Favors Richer Companies, Experts Say
A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, industry executives said.
SOL Global Announces Additional US$2 Million Investment in CannCure
The additional capital infusion is to fast track cultivation development and dispensary rollout in California.
Westleaf Signs One-Year, $4-Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million
Westleaf has entered into a white labeling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary.
Veritas Reaches a Mutual Settlement with Arbutus Biopharma Corporation
A lawsuit filed by Arbutus related to a commercial lease space, which Veritas no longer believes is necessary for its R&D.
Florida Wants New Hearing in Major Medical Marijuana Licensing Case
Gov. Ron DeSantis’ administration is asking an appellate court to revisit a decision that Florida officials argue injected “confusion and uncertainty” into the state’s medical marijuana industry.
Marijuana Firm Challenges Utah's Medical Marijuana Growing Picks
The state's decision to award a smaller number of medical marijuana grower licenses than the amount allowed by law is being challenged by a rejected applicant.
HeavenlyRx Accelerates Its CPG Wellness Strategy, Closing on 51-Percent Controlling Equity Stake in Plant-Based Nutrition Company TRU Brands
TRU Brands is a quickly growing wellness company that is building out a suite of all-natural food products.
Neptune Closes SugarLeaf Acquisition, Expanding U.S. Extraction Capabilities
The company is establishing large-scale, U.S.-based hemp extraction capacity and creating a North American platform to provide customers with value-added products.
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