Industry Headlines: Page 65

‘Rescheduling is Not Enough,’ And Other Reactions to HHS Recommendation on Cannabis

Cannabis industry responds with cautious optimism to the Department of Health and Human Services' call to reschedule the plant, noting the significance of the announcement but also the potential limitations of the move.

Missouri Judge Upholds Cannabis Product Recall

Robertsville-based Delta Extraction filed a motion for a temporary restraining order earlier this month after state regulators accused the company of illegally sourcing cannabis and suspended its license.

Green Thumb Industries Announces Share Repurchase Program

The company does not expect to incur debt to fund the share repurchase program.

California Cannabis Regulators Expand Eligibility, Increases Award Amounts for Local Jurisdiction Retail Access Grant

More than 300 cities and counties could be eligible to apply for funding in Phase II of the grant for the issuance of retailer licenses.

WATCH: California Attorney General Bonta Announces New Program to Address Illicit Cannabis

As part of the new program, Rob Bonta debuts a partnership between the California Department of Justice and the City of Fresno.

New York Court Reverses Order, Leaving 30 Dispensaries Previously Approved Back in Limbo

The judge who issued the order says information from the state’s Office of Cannabis Management was conflicting and incomplete.

US Health and Human Services Department Recommends Cannabis Reclassified to Schedule III

The move from Schedule I to Schedule III would provide that cannabis has a federally accepted medical use, but the decision now goes to the DEA.

Planet 13 Enters $48.9M Agreement to Acquire VidaCann, Accelerating Florida Expansion Strategy

The acquisition includes 26 dispensaries in Florida, or roughly 4.5% of the state’s medical cannabis retail market.

Former Fluence CEO Announces New Role With Dove Automation

David Cohen will spearhead Dove, which provides cannabis cultivators with automation and technology to improve packaging and distribution.

OLCC Regulators Resume Eastern Oregon Minor Decoy Operations

The visits are planned at licensed cannabis and alcohol stores with the objective to improve compliance rates.

FDA Chooses LightLab 3 Cannabis Analyzer to Enhance Consumer Safety, Regulate the Industry

The administration’s decision stems from concerns associated with food-related products containing CBD and Delta-8 THC.

Verano Sues Alabama Regulators Over Voided Licenses

The multistate operator was one of 21 awardees in a medical cannabis licensing process that is now in question.

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