Industry Headlines: Page 369

Cannabis Industry Is Facing a Shakeout, Aphria President Says

“There will be a group of companies at the top, the big producers, and some smaller producers at the bottom, like craft beer,” Jakob Ripshtein said.

Aurora Earnings Surge by 2,800% After It Produces 11,000 Pounds of Cannabis in 3 Months

The Canadian-traded Aurora shares rose slightly on Monday and have doubled in the last year

Trulieve Cannabis Corp. to Acquire Life Essence, Inc. and Leef Industries, LLC

The transactions on both coasts are the first operational ventures beyond the state of Florida.

Aphria to Acquire CC Pharma, Strengthening Foothold in German Medical Cannabis Market

The acquisition adds new vertical and strategic operations in a key region of the company's global growth strategy.

Study: Marijuana Legalization Would Benefit Illinois Taxpayers, Economy

The study was conducted by the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois.

CBD-Infused Beverages Could Hit Shelves Sooner Than You Think

But the plan depends on Congress passing the Farm Bill.

Ohio Medical Marijuana Sales Won't Begin in November

None of the state’s five licensed testing labs are open.

Canopy Growth to Spend $115 Million to Grow Marijuana in EU

The Canadian cannabis company is eyeing sites in Spain, Italy and Greece.

Attorney General Jeff Sessions Resigns, Voters Approve Adult-Use and MMJ Initiatives in Midterm Election: Week in Review

Sessions’ chief of staff, Matthew Whitaker, will serve as acting attorney general.

Puration, Inc. Releases Online Presentation on Cannabis-Themed Restaurant Plans

The presentation includes details on AmeriCanna Cafe’s partnership with West Coast Venture Group, the owner and operator of the $3 million Colorado-based Illegal Burger chain.

Cannabis Business Times, Cannabis Dispensary Announce Key Employee Promotions

Brian MacIver named Senior Editor, and Scott Anthony named National Sales Manager.

Thousands of Patients in Limbo as Israeli Ministry Temporarily Shuts Top Cannabis Grower

The Health Ministry has issued a temporary stop work order against Israel’s largest medical cannabis company, Tikun Olam.

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