Tag: CBT > News: Page 196

Finance

Increasing Popularity of 7/10 Exemplifies Rise in Cannabis Concentrates

Cannabis concentrates are one of the fastest-growing product categories, gaining attraction from consumers and companies looking to expand their operations.

July 10, 2020

Virginia

Rylie’s Sunshine Partners with Front Range Biosciences for Hemp Field Trial Program

Front Range Biosciences has provided the CBD tincture company with different hemp varieties to determine which species perform best in the Mid-Atlantic region.

July 10, 2020

Finance

Schwazze, Formerly Operating as Medicine Man Technologies, Terminates Los Suenos Farms and Dabble Extracts Acquisitions

Throughout the M&A process, key business and valuation issues were identified and, as such, Schwazze decided to no longer pursue the acquisitions.

July 9, 2020

Legislation and Regulation

Cannabis Dispensary Applicants Drop Lawsuit Over Los Angeles’ Licensing Process

The city has agreed to process the next 100 applicants in line for licenses, which could double the number of permits issued during this licensing round.

July 9, 2020

Legislation and Regulation

Ohio State Medical Board Approves Cachexia as Qualifying Condition for State’s Medical Cannabis Program

The board also rejected autism and anxiety.

July 9, 2020

Finance

Illinois Cannabis Sales Top $47 Million in June

June now holds the record for the highest sales figures in the state.

July 9, 2020

Legislation and Regulation

Arkansas Campaigns Fall Short on Signatures to Qualify Adult-Use Cannabis Legalization Measures for 2020 Ballot, Refocus Efforts on 2022 Election

Arkansans for Cannabis Reform and Arkansas True Grass failed to submit enough signatures by a July 3 deadline to place their initiatives on the state’s 2020 ballot.

July 9, 2020

Vendor News

Hydrofarm Announces Exclusive Distribution Partnership with Rare Dankness Nutrients

Rare Dankness has developed a formulation of crop nutrition that delivers simplified dry nutrients and amplified terpene profiles.

July 8, 2020

Legislation and Regulation

Pennsylvania Lt. Gov. John Fetterman Says Legalizing Adult-Use Cannabis Can Help State’s Budget Deficit

Pennsylvania faces a $3.2 billion deficit in the wake of the COVID-19 pandemic.

July 8, 2020

Louisiana

Ilera Holistic Healthcare Begins Selling Into Louisiana Medical Cannabis Market

This news marks the second license-holder (of two in the state) now actively participating in sales.

July 8, 2020

Finance

Former Steep Hill Labs CEO Sues Company and Investors to Block Sale of Assets

Former CEO and Chairman Jmichaele Keller alleges in his lawsuit that the sale of assets to competitor EVIO would dismantle Steep Hill’s business and decrease shareholders’ value.

July 7, 2020

Oklahoma

Oklahoma Begins Enforcing Laboratory Testing for All Medical Cannabis Products

Although the state has required testing since the program launched, it will now require products to be tested by a state-licensed lab.

July 7, 2020