Marijuana Edibles & Infused Products

CA tries to clarify rules around THC limits in edibles, potentially spelling relief for infused product firms, labs

California’s infused product makers and testing labs are breathing a sigh of relief now that state regulators have sought to clarify rules governing THC potency for edibles and beverages, a move that is expected to result in fewer products failing lab tests. The brouhaha arose after California’s permanent cannabis regulations took effect last month. Two of the three […]

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Molson Coors CBD-beverage partner Hexo closes CA$57.6 million share offering

Hexo Corp., a licensed producer of cannabis based in Quebec, Canada, raised 57.6 million Canadian dollars ($43.7 million) Wednesday when it closed its offering of common shares. The company said in a news release it will use the proceeds for global expansion and research and development. The Quebec cultivator, which trades as Hexo on the Toronto Stock […]

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Cannabis products firm Slang lists on Canadian exchange after buying Organa Brands

Unlike many of its predecessors, Slang Worldwide (CSE: SLNG) saw a relatively stable first day on the Canadian Securities Exchange, opening at 2 Canadian dollars ($1.51) and closing at CA$1.99. The branded consumer products cannabis company, went public Tuesday on the Canadian Securities Exchange with an implied market value of $541 million (CA$718 million). The […]

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Compliance costs, lost market share could take toll on cannabis edibles firms under new Washington state rules

A Washington state marijuana trade association is warning regulators that new packaging, labeling and product design rules for cannabis-infused edibles and beverages might decimate edibles manufacturers’ bottom line. According to experts, the cost for some businesses to comply could be $100,000, and that doesn’t include lost revenue for manufacturers who have kept new products off […]

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California marijuana company plans $200 million campus in New York

Ahead of New York’s anticipated legalization of recreational cannabis, San Diego-based Flora California Prime is laying the groundwork to build a $200 million, 1.25 million-square-foot cannabis cultivation, manufacturing and distribution facility on 47 acres of land in Buffalo. According to Buffalo TV station WKBW, construction on the facility could begin once state lawmakers approve legislation […]

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Canadian marijuana companies raised landmark CA$12 billion in 2018

Marijuana firms in Canada raised a record 11.96 billion Canadian dollars ($9 billion) last year as they prepared to meet demand in the new adult-use market and grow their medical operations globally. That represents a 150% increase over 2017, when Canadian companies raised CA$4.7 billion, according to data compiled by Viridian Capital Advisors and shared […]

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Canadian marijuana industry targets alcohol, mainstream executives to steer growth

Cannabis corporations in Canada are ramping up their drive to hire executives from the alcohol, tobacco and consumer packaged goods (CPG) sectors to help steer aggressive growth strategies. Personnel in these sectors have experience getting brands on shelves and into the hands of consumers, so they are highly attractive to leaders in the burgeoning cannabis industry […]

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WA cannabis regulators OK new deadline for packaging, labeling and design rules

The Washington State Liquor and Cannabis board voted Wednesday to give marijuana retailers, cultivators and concentrates and infused product manufacturers until Jan. 1, 2020, to comply with all packaging, labeling and design rules that regulators approved last year.   The new regulations: Require an additional universal symbol on packaging for all marijuana products. Restrict all […]

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Oklahoma governor OKs rules for cannabis-infused food products

Oklahoma Gov. Mary Fallin approved new labeling, packaging and testing rules for food products that include medical marijuana. The new rules require marijuana-infused food and beverage makers to comply with the state’s current food safety laws as well as the labeling and packaging laws for available cannabis products. The regulations also require edibles makers to […]

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Report: CA-backed bank for marijuana businesses would face insurmountable hurdles

California would likely lose money and face overwhelming federal barriers if it tried to create a state-backed bank to help cannabis businesses navigate banking challenges, according to a report released by the state treasurer. The report puts an end for now to hopes the state could find a banking solution for marijuana businesses. Since marijuana […]

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