Industry Headlines: Page 372

Dixie Brands Inc. Completes Reverse Takeover Transaction

As part of the reverse takeover, Academy changed its name to Dixie Brands Inc,, and its officers and directors have resigned.

Colorado Issues Advisory After Identifying Pesticide Residues on Cannabis Products From Boulder Botanics

The Colorado Department of Agriculture confirmed the presence of Bifenthrin and Diuron in the product samples tested.

FSD Pharma Facility Valued at $105 Million With Three-Million-Foot Expansion Assessed at $420 Million

The value is based on a recent Comprehensive Property Value Assessment by a commercial real estate assessment specialist.

Battelle and Canopy Growth Announce Strategic Collaboration to Advance Cannabis Research

The Canadian producer has completed four federally legal shipments of cannabis to the United States to pursue advanced R&D work with Battelle.

Massachusetts’ Two Adult-Use Dispensaries Sold $2.2 Million Worth of Cannabis in First Five Days

New England Treatment Access (NETA), in Northampton, and Cultivate, in Leicester, are off to a busy start.

Altitude Investment Management Closes Cannabis Fund I at $30 Million

The NYC-based cannabis investment firm now looks to Fund II.

Local Government Leaders to Meet to Learn About Michigan's 'Murky' Recreational Marijuana Law

The Michigan Municipal League is hosting the sold-out session, and more sessions are planned.

Sunniva Announces Acquisition of California Distribution Company to Allow for Statewide Dissemination of Sunniva Branded Cannabis Products

LYTR will play an instrumental role in driving Sunniva’s position in California as a truly vertically integrated cannabis company.

West Coast Cannabis Club to Open 28,500-Square-Foot Retail, Marijuana Manufacturing Site in Palm Desert

The facility will be a cannabis catch-all that includes cultivation, manufacturing, distribution and delivery services.

Indian Science Institute Announces Research on Medical Use of Cannabis

Clinical trials will reportedly be carried out at Tata Memorial Centre, All India Institute of Medical Sciences and a Raipur-based hospital.

Calyx Peak Capital Adds Former CEO of FAO Schwarz, Ed Schmults, to Its Executive Roster

The cannabis capital group continues to build its asset base.

Aurora Cannabis Receives Final Regulatory Approval and Completes Acquisition of ICC Labs

The deal reflects an aggregate purchase price of approximately $290 million.

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