Industry Headlines: Page 67

Columbia Care to Redeploy Capital, Enhance Liquidity

Pending a megamerger agreement with Cresco Labs, Columbia Care is focusing on current markets that are driving the most value.

Uruguay Reports 10.7 Million Grams of Cannabis Sold in Six Years of Legalization

The South American country was the first to legalize cannabis in the modern era, but its government retains tight control over production and use.

Cannabis Conflict in Chicago: Cresco Labs Sues Green Thumb

The company filed a lawsuit accusing a former employee of violating a noncompete clause when he was hired by Green Thumb Industries.

MSO Parallel to Shut Down Goodblend Operations in Pennsylvania; 76 Workers Impacted

The vertically integrated cannabis company is exiting the state’s medical market entirely.

Teamsters, Verano Reach Tentative Agreements in Illinois

The bargain agreements impact retail workers at Zen Leaf dispensaries in the Chicago area.

Ascend Wellness Commits to Expanding Current Footprint

The company has added seven dispensaries to its portfolio so far this year, including the acquisition of four stores in Maryland.

How Jushi Manages Employee Morale During a Market Downturn

Jushi’s Chief People Officer Nichole Upshaw shares strategies to maintain a strong company culture and boost employee morale amidst a market downturn.

Ukraine Parliament Advances Medical Cannabis Legalization Draft

Legalization during wartime: Ukraine is now moving fast on medical cannabis at President Volodymyr Zelenskyy's urging.

Oregon Recalls ‘Compliant’ Cannabis Flower Containing Arsenic

Since the flower was harvested before new testing standards went into effect, no rules were broken, according to state regulators.

Cannabis Financial Industry Group Releases Cannabis Banking Standards

The coalition published the resource to help financial institutions understand strict compliance policies as the SAFE Banking debate continues in Congress.

North Carolina House Speaker Says This Year’s Medical Cannabis Legislation Is Likely Dead

House Speaker Tim Moore said July 11 that opposition from House Republicans has likely quashed medical cannabis legalization efforts this year.

Charlotte's Web Expands ReCreate Brand Further Cementing the Intersection of CBD in Sports, Paving the Way for Industry Transformation

Following the forward-thinking collaborations with Major League Baseball and Angel City Football Club, ReCreate proudly announces its latest venture as the Official CBD of the Premier Lacrosse League.

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