Industry Headlines: Page 368

Aurora Cannabis Stock Fails to Hold Gains After Company Unveils Plans to Buy Mexican Partner

The Canadian cannabis company said it has entered a letter of intent to buy all of Farmacias Magistrales SA’s outstanding shares in an all-stock deal.

Arkansas' Two Cannabis Trade Associations Merge

The ACIA and AMMA merger brings a stronger, more effective voice for medical cannabis advocacy and education.

Dixie Brands Inc. Announces Third Quarter 2018 Financial Results

The consumer packaged goods company has announced its financial results for the three-month and year-to-date periods ended Sept. 30, 2018.

Liberty Health Sciences Experiences Significant Increase in Year-Over-Year Revenue, Provides Update on Liberty 360 and Ohio Operations

For the quarter ended Nov. 30, 2018, revenue increased by 45 percent compared to the quarter ended Aug. 31, 2018.

Cresco Labs Announces Profitable Third Quarter 2018 Financial Results

The company experienced revenue growth of 335 percent year-over-year and 51 percent quarter-over-quarter.

Cresco Labs Appoints Beverage Branding Executives to Team

Cory Rothschild has been named Vice President of Brand Marketing and Cris Rivera has been named Vice President of Consumer Experience.

Green Peak Innovations Approved for All 12 Medical Cannabis Cultivation Licenses in Michigan

The Lansing-based company has applied for 12 class C cultivation licenses, one processor license and 19 provisioning center licenses in Michigan.

Madison Brewpub May Be First Brewer in Wisconsin to Infuse Beer, Cocktails With CBD

Great Dane brewpubs will launch CBD-infused beer, cocktails and non-alcoholic beverages starting Dec. 13 at all five of the brewpub's locations.

Trump to Nominate William Barr for U.S. Attorney General

The former attorney general may return to his post, pending U.S. Senate approval. What does that mean for cannabis?

Former Sweet Leaf Executives Land in Denver Jail for Looping Scandal

Former vice president Nichole West and retail operations manager Ashley Goldstein both pleaded guilty to felony drug charges and will each serve 30 days in jail.

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment From Marlboro Maker Altria Group Inc.

The investment from the manufacturer of Marlboro cigarettes provides Cronos Group with additional capital for global growth.

U.S. Tax Court Ruling Upholds 280E, Utah Replaces Voter-Approved MMJ Ballot Initiative With Compromise Bill: Week in Review

The years-long litigation of Harborside Health Center of Oakland ended this week when the U.S. Tax Court ruled the company must repay business deductions due to the federally illegal nature of cannabis.

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