Tag: CBT > News: Page 198

Finance
Louisiana’s Second Licensed Medical Cannabis Cultivator Prepares to Sell First Products
Ilera Holistic Healthcare plans to sell products from its first harvest to the state’s medical cannabis pharmacies this week.
July 1, 2020
Legislation and Regulation
Arkansas Medical Marijuana Commission Releases Additional Cultivation and Dispensary Licenses
Regulators voted to license two additional cultivators and four additional dispensaries.
July 1, 2020
Arkansas Flag Adobe Stock Credit Yul Resized
Legislation and Regulation
Illinois Again Delays Awarding New Cannabis Licenses
The state had planned to issue craft grow, infuser and transporter licenses July 1, but Gov. J.B. Pritzker instead issued an executive order to delay the permits indefinitely.
July 1, 2020
Illinois State House Adobe Stock Credit Henryk Sadura Resized
Finance
Whistleblower Alleges that U.S. Attorney General William Barr Launched Unfounded Antitrust Investigations into Cannabis Mergers
John Elias, a career employee at the Department of Justice, testified that Barr ordered the investigations due to his personal dislike of the industry.
July 1, 2020
Doj Adobe Stock Credit Kristina Blokhin Resized
Washington
Federal Judge Presses U.S. Customs and Border Protection on Transparency in Cannabis Policy
An ongoing lawsuit seeks information on a federal policy that has barred Canadian cannabis industry stakeholders from entering the U.S.
June 30, 2020
Canada Border Mat Hayward
Finance
AWH Announces Fundraising Initiative for Last Prisoner Project
The multi-state cannabis producer and retailer will be asking customers for donations, and matching those donations in support of cannabis legal reform.
June 30, 2020
Medical Cannabis Access and Pricing
Iowa Governor Signs Legislation to Change THC Cap in State’s Medical Cannabis Program
The new law replaces the current 3% THC limit for medical cannabis products with a limit of 4.5 grams of THC in a 90-day period.
June 30, 2020
Iowa State Capitol Adobe Stock Credit Asp Inc Resized
Legislation and Regulation
Colorado Governor Signs Legislation to Pardon Past Cannabis-Related Convictions
The bill grants Gov. Jared Polis the power to pardon those charged with the possession of two ounces or less of cannabis before Colorado legalized adult-use in November 2012.
June 30, 2020
Colorado State Capitol Building Adobe Stock Credit Kennytong Resized
Legislation and Regulation
West Virginia Reopens Application for Medical Cannabis Testing Labs
The application process will remain open indefinitely, and the state will issue an unlimited number of licenses.
June 30, 2020
West Virginia Capitol Adobe Stock Credit Pixby Marti Resized
Finance
Canopy Growth and Acreage Holdings Amend the Terms of Their Merger
The deal, originally valued at $3.4 billion, is now valued at roughly $843 million.
June 29, 2020
Cannabis Plants Adobe Stock Credit Cascade Creatives Resized
Outdoor Cannabis Cultivation
Cannabis Study Reveals Production Costs Decreasing for Growers
Industry research shows cannabis growers are improving growing efficiencies each year, whether they cultivate indoors, in greenhouses or outdoors.
June 29, 2020
Whether growing in a greenhouse, in a warehouse/indoors or outside, cannabis cultivators are running more efficient operations, as seen by the decrease in production costs.
Finance
Oregon Extends Curbside Delivery, New Jersey Approves Home Delivery for Medical Cannabis Patients in Response to Ongoing COVID-19 Pandemic: Week in Review
This week, the Oregon Liquor Control Commission extended curbside delivery for the state’s licensed cannabis retailers.
June 27, 2020
Marijuana Plant Adobe Stock Credit Epic Stock Media Resized
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