Industry Headlines: Page 361

Cannabis Producer Aphria’s CEO to Step Down Following Short-Seller Allegations

Newly appointed chairman Irwin Simon will “complete a smooth and responsible transition to a globally-minded executive leadership team,” the company said.

Arizona Supreme Court Takes Up Cannabis Extracts Case, U.S. Rep Introduces H.R. 420: Week in Review

The Arizona Supreme Court will take up the open question of cannabis extracts’ status under the state’s medical marijuana law.

C21 Investments Receives Regulatory Approval for Transfer of Silver State Nevada Licenses

Silver State is a vertically integrated cannabis operation with trailing 12-month revenue of $24.5 million.

Weekend Unlimited Announces Acquisition of Canna Candys and Medibles

A Southern California company, Canna Candys new infrastructure will accelerate expansion throughout U.S. legal markets.

Green Peak Innovations to Partner With PAX Labs

Green Peak has signed a deal with the vaporizer technology company.

Zenabis Starts Trading Under Exchange Symbol ZENA

Cannabis producer Zenabis Global Inc. will commence trading under exchange symbol “ZENA” on the TSXV.

Recreational Marijuana Sales Might Not Be Hurting the Alcohol Industry After All

Spirits sales in states that have legalized recreational marijuana have actually grown since that legalization.

Ohio Awards Second Round of Medical Marijuana Processor Licenses

The Ohio Department of Commerce awarded 13 additional provisional licenses Jan. 9, while 13 more applicants are awaiting final compliance checks.

Former Petco Senior VP Joins True Leaf as Vice-Chair

Global marketing expert Jodi Watson will help guide the company’s omni-channel retail, e-commerce and direct-to-consumer strategies.

Cannabis Shortage Could Last Up to Three Years in Canada, Executives Say

Shortages have plagued the country since recreational marijuana was legalized in October.

Applied BioSciences Acquires Majority Stake in Cannabis Testing Firm

A recent report from Coherent Market Insights estimates that the global cannabis testing market is projected to grow 13.2 percent year-over-year through 2026.

Kamala Harris: Ending the 'Failed War on Drugs' Starts With Legalizing Marijuana

The senator said in her new book that she believes the use of marijuana should be legal.

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