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Industry Headlines: Page 365
Pennsylvania Gov. Tom Wolf: Time to Take a Serious Look at Recreational Marijuana
Wolf made the comment Wednesday while answering questions from the public on Twitter.
Level Brands Closes Acquisition of cbdMD
The company has closed its acquisition of Cure Based Development, LLC, the owner of the nationally recognized consumer products brand cbdMD, in an all-stock transaction.
Liberty Health Sciences to Launch Zentient Labs CBD Portfolio of Hemp-Derived Products
Liberty offers a range of natural hemp-based products made from CBD, nutraceuticals and vitamins for health and wellness.
Cresco Labs Continues Illinois Expansion With Acquisition of Two Dispensaries
The new retail locations add to the company's existing retail and manufacturing presence.
FSD Pharma Announces Strategic Investment in Huge Shops
Huge Shops has formed an alliance with Coffee Time's parent company, Chairman Brands, to establish a retail distribution network.
New York Governor Calls for Legal Marijuana, Tilray Partners With Budweiser Maker to Research Cannabis-Infused Beverages: Week in Review
Anheuser-Busch InBev SA and Tilray will each invest up to $50 million to research beverages infused with THC and CBD.
Missouri Begins the Process Toward Medical Marijuana
The state has named an outgoing lawmaker to a leadership role and announced the start of the process for cannabis businesses.
Medical Marijuana Ruling Put on Hold by Florida Appeal Court
The ruling said Florida lawmakers and the state Department of Health violated a 2016 constitutional amendment that broadly legalized medical marijuana.
Mayor Bill de Blasio to Announce Support for Legalizing Marijuana in New York City
de Blasio plans to announce the way legalization would work Dec. 20 at a press conference.
Aurora Cannabis Expands Retail Exposure Through Strategic Investment in High Tide
Aurora will invest $10 million in High Tide, a privately held, Alberta-based, retail-focused cannabis and lifestyle accessories company.
Tilray and Budweiser Maker Will Partner to Research Cannabis Drinks
Tilray and Anheuser-Busch will spend up to $50 million apiece on the joint venture; Tilray's CEO says the company was not interested in a direct investment.
Aleafia Acquires Emblem Corp. in Major Canadian All-Stock Deal
The acquisition will have an immediate impact on the early growth of the Canadian adult-use market.
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