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California Cannabis Firms Sell Assets, Narrow Focus
When the recreational marijuana industry was launched in California, the trend was for every company to be vertically integrated. This meant that everything was handled in-house from cultivation and manufacturing to packing, retail sales and distribution. As the...
€11 million deal combines German groups, creating a hemp powerhouse in Europe
Germany’s SynBiotic SE has acquired 50.1% of a leading group of German hemp companies from industry veteran Daniel Kruse for €11.2 million (~$12.6 million) in a key strategic matchup that creates one of the most powerful hemp enterprises on the European market....
California rolls out plans to standardize cannabis testing statewide
California regulators have begun a new push to standardize cannabis testing with the aim of eliminating inconsistencies among the state’s 41 operational marijuana labs. Advocates say the effort – mandated by new state law – will improve quality and reliability while...
New York Bill Pushes Hemp Packaging for Cannabis Products
New York’s upcoming adult-use cannabis industry could become a model of sustainable packaging under a bill that would make hemp the primary source of materials used to package regulated marijuana products. Under the bill from state Sen. Michelle Hinchey, the New York...
Americans Continue to Cross State Lines to Buy Cannabis
In the 1977 classic car chase movie “Smokey and the Bandit,” a pair of outlaws across state lines to deliver Coors beer to Atlanta from Texarkana, Texas. That’s because, back in the 1970s, people couldn’t ship Coors east of the Mississippi. That law seems strange to...
New report calls for UK to capitalise on potential £1.2bn medical cannabis industry
A new report by drug policy reform advocacy group Volteface has revealed the UK is missing out on a potential £1.2bn medical cannabis industry and 41,000 potential jobs due to outdated licensing regimes. Volteface claims that an appointment of a dedicated cannabis...
Federal law poses challenges to new CT cannabis businesses
When Lisa Capitani decided to start a small business to educate and guide medical marijuana patients, she knew she’d need some advice. So Capitani, a nurse who lives in Newtown, turned to other nurses across the country who have cannabis-related businesses. And she...
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