Industry Headlines: Page 327

Aleafia Health Reports First Quarter 2019 Results, Provides Corporate Update

The company's year-over-year revenue increased by 1,723 percent, and its license applications for a Niagara greenhouse and Port Perry outdoor grow are now under review.

The Green Organic Dutchman Enters German CBD Market, Inks Distribution Agreement with Mediakos

TGOD's wholly owned subsidiary, HemPoland, has entered into an agreement with Mediakos to be the exclusive distributor of CannabiGold.

Panel Recommends Adding Two Conditions for Medical Marijuana in Ohio

A panel of physicians recommended that the State Medical Board of Ohio vote next month to include anxiety and autism spectrum disorder as qualifying conditions.

Asia's Medical Cannabis Market Could Eclipse US$5.8 Billion by 2024, Report Says

Market expansion will require legalization across the region, according to specialist research firm Prohibition Partners.

The Phylos Bioscience Backlash, Illinois Makes Social Justice a Priority: Week in Review

Illinois lawmakers filed legislation May 6 to legalize and regulate adult-use cannabis, and the bill outlines a set of robust expungement and social equity provisions.

Medical Marijuana Oils Pulled from Shelves at 13 Out of 15 Dispensaries in Ohio

The oils were pulled from the shelves this week after a labeling error was discovered by the Ohio State Board of Pharmacy.

TransCanna Signs LOI with Persuasion Brewing Co. to Create CBD-Infused Non-Alcoholic Beer

Both companies have agreed to create a division within TransCanna’s recently purchased 196,000-square-foot vertically integrated facility to establish a Persuasion Brewing division.

Columbia Care Launches “100,000,000 Ways to Break the Opioid Crisis” Initiative

The company will partner with experts at Montefiore Medical Center and Albert Einstein College of Medicine for an initial phase of a nationwide study on medical cannabis’s impact on opioid use for pain.

The Green Organic Dutchman Secures Supply Agreement with British Columbia

The company has established a cannabis supply agreement with the BC Liquor Distribution Branch, the province's public retailer of non-medical cannabis.

Merida Capital Adds Former Omnicom Group and Medco Health Solutions Executives to Operating Team

The private equity firm has added former Omnicom Group executive Tom Harrison and former Medco Health Solutions, Inc. executive Pamela Galassini as senior operating partners.

Indus Holdings, Inc. Acquires Humble Flower Co. Oils, Lotions

The cannabis-infused skin products are available at licensed dispensaries and retailers throughout California.

Minority Cannabis Leaders Head to Capitol Hill to Advocate for Legalization and Equity in the Industry

Minorities for Medical Marijuana have planned a three-day event to highlight the need for equity and diversity in the legal cannabis industry.

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