Tag: CBT > Business Issues/ Benchmarks > Finance: Page 52

Finance

Harborside Announces Management Cease Trade Order and Temporary Cease Trade Order

The California-focused cannabis company says the delay is due to the COVID-19 pandemic and intends to file fiscal 2019 earnings by July 10, 2020.

June 9, 2020

Legislation and Regulation

Missouri Regulators Issue First Annual Report on State’s Medical Cannabis Program

The report is required under the state’s medical cannabis law.

June 9, 2020

Finance

Oregon Cannabis Sales Surpass $100 Million in May

Last month’s sales were 60% higher than May 2019.

June 8, 2020

Finance

Joe Caltabiano Leaves Cresco Labs Board of Executives

Cresco co-founder has already stepped down from his position as president of the company in March.

June 8, 2020

Finance

Aphria Inc. Begins Trading on the Nasdaq Market

The Ontario-based cannabis producer will continue to trade primarily on the Toronto Stock Exchange.

June 8, 2020

Finance

California Governor Warns of Declining Cannabis Sales Due to Coronavirus Crisis

Gov. Gavin Newsom has revised his proposed state budget to forecast less revenue from the state’s cannabis excise tax due to the pandemic.

June 4, 2020

Finance

Neptune Announces Robert DiPede as Senior VP of Biodroga and Health and Wellness Innovation

Former Walmart executive looks to help the company expand its cannabis and other health and wellness products sales.

June 3, 2020

Finance

Cannafornia CEO and Investors Enter Ugly Legal Battle

A California cannabis CEO and his company’s Russian investors file lawsuits against one another claiming elaborate schemes of theft, fraud and libel.

June 3, 2020

Legislation and Regulation

Hemp Virtual Conference to Provide In-Depth Education on June 23

This four-hour event free to registrants will cover business partnerships, regulations, harvesting techniques and more.

June 3, 2020

Oklahoma

Oklahoma Medical Cannabis Sales Surpass $73 Million in May

May’s sales figures are the highest since the program launched.

June 2, 2020

Finance

MJardin Terminates the Acquisition of Cannabella

The acquisition of the edibles and topicals producer was to close in late 2019.

June 2, 2020

Finance

Aurora Cannabis Completes Acquisition of Reliva LLC

Aurora acquired Reliva, a company that sells hemp-derived CBD products in the U.S., for approximately $40 million of Aurora common shares.

May 28, 2020