Industry Headlines

Jones Soda Co. Divests Cannabis Beverage Business for $3 Million

The Seattle-based craft beverage company sold its cannabis segment to MJ Reg Disrupters, including its Mary Jones brand assets.

California DCC Announces $30M in Grant Funding to Advance Cannabis Research

The state’s Department of Cannabis Control is soliciting research proposals from public universities to better inform future laws impacting the industry.

Texas Hemp Advocates Nearing 150,000 Signatures Urging Gov. Abbott to Veto SB 3

The governor has until June 22 to sign, veto or file the legislation to ban intoxicating hemp products without his signature.

Aurora Cannabis Denies 2nd ‘False’ News Report of Acquisition of MedLeaf Therapeutics

The Canadian cannabis company advised stakeholders of news reports on Investing.com that was generated ‘with the support’ of artificial intelligence.

Grön, Head Change Debut Exclusive Solventless Edibles in Missouri

The two cannabis industry leaders collaborated to launch a new line of hash rosin-infused edibles for a flavor-forward, full-spectrum experience.

Minnesota Adult-Use Dispensary Island Peži Celebrates 1st Anniversary

The native cannabis company continues to capitalize on the state’s legalization landscape as non-native operations have yet to commence.

High Times Magazine Acquired for $3.5M by RAW Rolling Papers Owner

Entrepreneur Josh Kesselman plans to revive the brand’s print edition, website and iconic Cannabis Cup following the all-cash transaction.

Dallas-Area Officers Raid 3 Licensed Hemp Distribution Warehouses in ‘Enforcement Overreach’

The law enforcement officials acted ‘outside’ their authority based on ‘political theater,’ attorney David Sergi says.

Vireo Growth Provides Corporate Update After Closing All Merger Transactions

The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.

Sunset Social Club Opens Hollywood’s 1st Luxury Cannabis Lounge

The curated 5,500-square-foot venue launched for members only with premium brands, gourmet experiences and Hollywood design flair.

Curaleaf Appoints New President, Bolsters Marketing Leadership Team

Rahul Pinto will lead all global commercial functions as the company’s president; three SVP hires will head digital, retail merchandising and brand marketing.

Tilray Brands' Stockholders Approve Reverse Stock Split; Company Pauses Implementation as It Evaluates Timing and Stock Price

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