Industry Headlines: Page 345

New Jersey Cannabis Vote Expected This Month, U.S. Border Patrol Sued Over Cannabis Policy: Week in Review

A law firm has filed a civil complaint to obtain records concerning CBP’s policy of denying foreign citizens entry to the U.S. due to any involvement with the cannabis industry.

Green Peak Innovations Closes $30-Plus Million in Oversubscribed Mezzanine Round

“This is an important step for Green Peak Innovations as Michigan’s largest holder of vertical medical marijuana licenses,” CEO Jeff Radway said.

AmeriCann Completes Greenhouse Structure at Flagship Massachusetts Cannabis Center

Building 1 of the cultivation and processing development is scheduled to be fully operational in summer 2019.

USMJ and PURA Confirm Respective Dividend Distribution Commitments

USMJ and PURA are sister companies sharing the same majority shareholder, ACI Conglomerated.

Billionaire Nelson Peltz is Getting Into the Cannabis Business

The CEO and founding partner of Trian Fund Management is joining Aurora Cannabis as a strategic adviser.

SOL Global Announces Receipt of Approval for Sale and Transfer of Florida 3 Boys Farms Operations and Assets

SOL Global has confirmed that the first dispensaries will open in Florida in April 2019.

Acreage Holdings Enters California Dispensary Market with Acquisition of Kanna, Inc.

Kanna, Inc. holds a license to operate a cannabis dispensary in Oakland, Calif.

Exactus Announces Agricultural Diversification with Entry Into 200-Acre Farming Project for 2019 Grow Season, Promotion of Emiliano Aloi as President

The company has acquired a majority interest in a 200-acre industrial hemp farm located in Cave Junction, Ore.

CannAmerica Signs LOI to Build Facility in Mexico

The company has entered into a binding letter of intent to create a joint venture with Sericea Labs S.A. de C.V. and CBDistribution Company Ltd.

CBD Market Could Pull in $16 Billion by 2025, Says Study

This figure was far higher than what the Cowen analysts had expected.

The Economic Implications Behind the Cannabis Legalization Debate

The regulation of cannabis for medical use is being discussed in the European Parliament and some Member States have a whole new debate on the economic benefits that may bring.

More Than 20 Companies Vying to Score Medical Marijuana Contracts with Missouri

Two dozen companies have shown interest in tapping into the potentially lucrative business of helping Missouri run its medical marijuana program.

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