Industry Headlines: Page 2

Glass House Brands Board Member Dies

The California cannabis company announced the death of George Raveling.

Missouri Shangri-La Dispensary Workers Officially Free of Unwanted UFCW Union Boss ‘Representation’

Labor Board certifies workers’ victory in case to remove UFCW after union officials disclaim representation and walk away.

Standard Wellness Acquires Greenstock, Expands Ohio Dispensary Footprint

The cannabis company’s $1.35 million acquisition is for a fourth retail facility in the Buckeye State.

High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH

The cannabis company completed the deal for a 51% interest in Remexian for €26.4 million and has a five-year option for the remaining 49% interest.

AYR Wellness Executes Senior Secured Bridge Credit Agreement

The agreement will provide the company with up to $50 million of committed funding to support ongoing operations.

282 Ascend Cannabis Workers Organize With Teamsters in Illinois

Teamsters Local 916 secured a win for the unionized workers.

Whitney Economics Identifies Flaws in USDA Methodology in Calculating Hemp Cultivation Sector’s Value to US Agriculture

The data actually shows hemp farmers are benefiting more in terms of percentage of retail revenues than corn or soy farmers.

Cornbread Hemp Announces THC Beverage Sponsorship in College Athletics

The family-owned hemp THC drink maker is sponsoring the Division I Louisville Cardinals athletic program.

Texas Lieutenant Governor’s Prohibition Push Draws State Veterans’ Ire

The Grunt Style Foundation, which advocates for veteran mental health, believes that Texas veterans are fed up with Lt. Gov. Dan Patrick.

Agrify Acquires Brand Portfolio From Green Thumb for $50M

The company is changing its name to RYTHM following the acquisition, which also includes Dogwalkers and Beboe, and will trade on Nasdaq.

Tilray Medical Expands Presence in Germany

The cannabis company introduced new Good Supply strains, affirming its commitment to German health care and expanding patient and pharmacy access.

Canopy USA Welcomes Cannabis Veteran Eric Ruhle as VP of Brand Sales

Ruhle will oversee the company’s sales strategy across the full Canopy USA portfolio.

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