Tag: CBT > News: Page 62

Mergers and Acquisitions

High Tide Closes Acquisition of Bud Heaven

The company will add two retail cannabis stores to its Ontario footprint.

June 1, 2022

Michigan

Common Citizen Seeks Candidates for Community Reinvestment Program

The Michigan-based company's Principle cannabis product line will fund microgrants for arts and culture, early stage business, and community impact projects.

May 31, 2022

Best Cannabis Companies Cultivation

Entries Now Open For Best Cannabis Companies To Work For 2023

For the fourth year in a row, Cannabis Business Times and Cannabis Dispensary will identify and recognize the best employers in cannabis cultivation and dispensary markets.

May 31, 2022

Cannabis Industry Research

Study Shows California Dispensaries Will Not Serve Minors

The study looked at 50 licensed cannabis dispensaries in California and found that 100% have an adequate screening process.

May 31, 2022

North Carolina

North Carolina Lawmakers Again Consider Adult-Use Cannabis Legalization

Senate Bill 765, introduced May 30, would allow adults 21 and older to possess up to 2 ounces of cannabis and grow up to two mature and two immature plants at home for personal use.

May 31, 2022

Illinois

Judge Ends Court Order, Allows Illinois to Issue 185 New Cannabis Dispensary Licenses

Cook County Circuit Judge Michael Mullen has lifted the stay that was issued last year to bar the state from awarding the licenses until ongoing litigation was settled.

May 31, 2022

Legislation and Regulation

Legislative Leaders Include New Cannabis Misdemeanor Proposal in Virginia’s Budget Plan

The proposal would create a new criminal misdemeanor for the possession of more than 4 ounces of cannabis in public.

May 31, 2022

Legislation and Regulation

Connecticut Governor Signs Cannabis ‘Gifting’ Bill

The legislation sets a $1,000 fine for those who gift a cannabis plant or related products.

May 31, 2022

Finance

The Flowr Corporation Announces First Quarter 2022 Results and Reinstatement of Trading

In Q1 2022, the Company generated gross revenue of $3.9 million as a result of the sale of 1,179,735 grams of dried cannabis flower, an increase of 75% compared to Q1, 2021.

May 31, 2022

International

Khiron to Acquire EU-GMP-Certified German Pharmaceuticals Manufacturer and Wholesaler, Expanding its European Footprint

This acquisition will accelerate Khiron's growth in Europe by controlling the complete value chain for its products and gaining direct access to German pharmacies.

May 31, 2022

Legislation and Regulation

Oklahoma Governor Signs Bill to Implement Two-Year Moratorium on Medical Cannabis Licensing

While current licenses will not be impacted, the new law prohibits regulators from issuing new cultivation, processing and retail licenses from August 2022 to August 2024.

May 31, 2022

Compliance

FDA Warns Four Companies for Selling Unapproved Animal Drugs That Contain CBD

The agency said in its warning letters that the drugs, which are intended for use in food-producing animals, violate the Federal Food, Drug, and Cosmetic Act.

May 27, 2022