Industry Headlines: Page 329

CROP Completes Purchase of 1,012-Acre Nevada Property with Newly Awarded Recreational Cannabis Licenses

The State of Nevada has granted Recreational Adult Use Cultivation and Product Manufacturing and Distribution licenses for the company’s Esmeralda Cannabis Project.

CBD Market to Reach $16.32 Billion By 2026, According to Reports and Data

The growth of the market is driven by the increased R&D investment in the healthcare industry and rising acceptance of cannabis globally.

Aleafia Health Enters German Medical Cannabis Market with Supply, Distribution Joint-Venture

Pharmaceutical wholesaler Acnos leverages a network of 20,000 pharmacies.

California Bureau of Cannabis Control Announces Enforcement Action on Unlicensed Cannabis Business in Costa Mesa

DOI-CEU and the Costa Mesa Police Department served a search warrant on “Costa Mesa Beach Buds,” an unlicensed cannabis delivery service.

FSD Pharma Reports 2018 Year-End Results

“2018 was a year of major accomplishments for FSD Pharma,” said Executive Co-Chairman and Founder Anthony Durkacz.

NIC Inc. Enters Cannabis Industry With Complia Acquisition

The acquisition expands NIC’s professional licensing capabilities.

Plaintiffs in Utah Cannabis Lawsuit Drop Claim that the LDS Church Orchestrated the Replacement of Prop 2

Patient advocates who are suing over the state’s decision to replace a voter-approved medical marijuana initiative have ditched one of their central legal arguments.

No Mid-May Louisiana Release of Medical Marijuana Products

Louisiana’s first batch of medical marijuana won’t reach the shelves by the mid-May deadline demanded by pharmacists and patients.

Oreo Maker Considers CBD-Infused Cookies and Snacks

Mondelez International, which owns Chips Ahoy, Oreo, Nutter Butter and other brand name snacks, may be adding CBD-infused snacks to its product line.

Oregon Senate Votes to Freeze Cultivation Licenses, House Committee Debates Veterans’ Access to Cannabis: Week in Review

The Oregon Senate has voted in favor of not issuing new production licenses to marijuana growers for two years.

MIT, Harvard Receive Huge Sum of Money Supporting Cannabis Research

Two of the most prestigious educational institutes in the country will split a new $9 million donation intended to support cannabis research.

Canopy Growth Acquires Germany's C3 Cannabinoid Compound Company

The deal is a power play in the emerging European medical cannabis market.

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