Tag: CBT > News: Page 90

Michigan

Detroit City Council Postpones Vote on Revised Adult-Use Cannabis Ordinance

The proposed ordinance would allow adult-use businesses to operate within the city.

March 23, 2022

Finance

Cresco Labs Announces Fourth Quarter, Full Year 2021 Results

The company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021.

March 23, 2022

Edibles Product Development

Wana Brands Names Finance and Business Leader Sandy Li Chief Financial Officer

The accomplished senior finance and business executive has a superior track record of delivering results and creating value at multinational companies and early-stage businesses in emerging industries.

March 23, 2022

Michigan

Trucenta Opens Michigan's First Licensed Cannabis Consumption Lounge in Hazel Park

Hot Box Social is available first for private events.

March 23, 2022

Legislation and Regulation

Georgia Lawmakers Advance Senate Proposal to Rework State’s Medical Cannabis Program

The Senate Health and Human Services Committee has scrapped a House proposal to revive the program while approving a version that the full Senate passed last week.

March 23, 2022

Legislation and Regulation

Ohio Gubernatorial Primary Candidate John Cranley Cannabis Proponent

In a two-candidate race for the Democratic ticket, the former Cincinnati mayor says he hopes to create 30,000 jobs through projects financed by cannabis.

March 23, 2022

Mergers and Acquisitions

Aurora Cannabis to Acquire TerraFarma, Owner of Thrive Cannabis

Thrive, based in Simcoe, Ont., is known for its flagship adult-use brand, Greybeard Cannabis Co., which produces small-batch craft cannabis flower and concentrates.

March 23, 2022

Future of Hemp Industry

Nike Unveils New Shoes Made From Hemp

In late January, Nike gave two of its classic shoes a hemp makeover. The company recently added another hemp shoe to the mix.

March 23, 2022

Finance

Cresco Labs Targets $2B Acquisition of Columbia Care

Expected to close in the fourth quarter of 2022, the deal would be one of the largest in the U.S. cannabis industry.

March 23, 2022

Legislation and Regulation

San Bernardino County Backs California Legislation to Combat Illicit Cannabis Grows

The county has also requested $10 million in state funding to help clean up environmental damage at hundreds of illegal cultivation sites.

March 22, 2022

Legislation and Regulation

Nebraskans for Medical Marijuana Hosts Signing Events to Qualify Medical Cannabis Measure for 2022 Ballot

The group hosted more than 100 signing events in 35 cities to gather the required 87,000 signatures by a July 7 deadline.

March 22, 2022

Massachusetts

Solar Therapeutics Budtenders Ratify First Union Contract

Workers at the Massachusetts dispensary voted unanimously to approve a three-year agreement for a broad array of benefits.

March 22, 2022