Industry Headlines: Page 351

Kona Gold Solutions, Inc. Enters Distribution Agreements with Three Anheuser-Busch Distributors in Missouri

Three distributors will distribute the company’s popular Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters.

Cresco Labs Acquires and Opens Hope Heal Dispensary in Bristol County, Mass.

Cresco entered into a definitive merger agreement with HHH for its Massachusetts cultivation, manufacturing, processing and dispensary operations at the end of 2018.

First Year of Pennsylvania's Medical Marijuana Sales Sees Thousands of Patients, Millions of Dollars

The state's medical marijuana program celebrated its first anniversary last week.

FSD Pharma Receives Standard Processing License

The company's wholly-owned subsidiary, FV Pharma Inc., a licensed cannabis producer, has received its standard processing license.

Flow Kana Raises $125 Million to Expand Cannabis Supply Chain for Mendocino County Start-Up

The money will allow Flow Kana to finish building its manufacturing facilities on the former Fetzer Vineyards ranch in the Redwood Valley.

New York City Plans to Start Fining Restaurants That Use CBD in Food and Drinks

New York City's health department plans to ask restaurants to return or throw away CBD products starting in July, and violations will be issued starting in October.

Aleafia Health Announces New President of Clinic Operations

Keith White was previously the COO of Canada's largest multidisciplinary clinic network.

Regulatory Friction May Delay Louisiana Cannabis Crop Again

The LSU AgCenter and its grower continue to face regulatory hurdles from the Louisiana Department of Agriculture.

Cannabis Legalization Bill, Legislation Aimed at Increasing Veterans’ Access to Medical Marijuana Introduced in U.S. Congress: Week in Review

Sen. Ron Wyden introduced S. 420 to federally decriminalize marijuana and allow it to be taxed and regulated.

Sunniva Estimates Over USD $55 Million Revenue in 2019 From Branded Products in California

The company has also secured an additional USD $4 million in purchase orders.

Harborside Completes Reverse Takeover of Lineage Grow Co.

The business combination will bring Harborside to the public trading floor of the Canadian Securities Exchange.

Tidal Royalty Strikes Deal With MichiCann to Launch New U.S. Cannabis Player

MichiCann owns or controls 11 medical cannabis dispensaries in Michigan and is in the final stages to acquire another 11 shops.

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