Hi,

The LA Times is working to investigate illicit grows. They discovered human trafficking and used satellite imagery to show the state that illicit grows vastly outnumber the licensed ones.

To encourage people to dismiss their negative stereotypes of cannabis users, I inform them that the world’s biggest buyer of cannabis is the German government. Not only does this surprise people, but it challenges the Germans’ reputation for being square. :) Germany seems to be reducing its dependence on Canadian cannabis as it looks to European sources.

Florida law dictates that there should be 22 more dispensaries than currently exist to keep up with the number of patients. Unfortunately, Governor DeSantis isn't a fan. New York also postponed their timeline for the launch of cannabis sales.

Feel free to subscribe to our Cannabis or CBD News Roundups.

Have a rad week!
Jessica

2022-09-06
Juul Labs agrees to pay more than $438M to Settle vaping probe.
Harvest One Cannabis (TSXV: HVT) (OTC: HRVOF) plans to operate under a new name having received regulatory approval from the Toronto Stock Exchange.
TGOD sold its interest in HemPoland to RAMM Pharma Corp. for $1.2M, in addition to a $150K nonrefundable deposit provided in July used for operating expenses in HemPoland.

2022-09-07
Verano Holdings (CSE: VRNO) (OTCQX: VRNOF) closed its deal to buy WSCC, known as Sierra Well, for $29M.
Icanic Brands (CSE: ICAN) (OTCQB: ICNAF) posted mixed results, touting record revenues for the quarter and racking up $15M in losses.
MariMed (CSE: MRMD) (OTCQX: MRMD) appointed Jon Levine as president, effective immediately.

2022-09-08
Cresco Labs (CSE: CL) (OTCQX: CRLBF) finalized a sale-leaseback arrangement with Aventine Property Group for a facility in Pennsylvania, earning Cresco $45M in cash.
The 1937 Group , a minority-owned cannabis company in Illinois, simultaneously raised $17M and warned of an Industry ‘collapse’ within the state.
Ayurcann Holdings (CSE: AYUR) (OTCQB: AYURF) (FSE: 3ZQ0), a Canadian cannabis extraction company closed its acquisition of Joints and Hustle & Shake for C$5.5M.
Medical Marijuana (OTC: MJNA) announced that its subsidiary, Kannaway, has signed a distribution agreement with Complete Hemp Technologies (CHT) to expand into the European market.

2022-09-09
Cilo Cybin Holdings (Cilo Cybin) has received the go-ahead to list Africa’s first Cannabis focused Special Purpose Acquisition Company (SPAC) on the Main Board of the Johannesburg Stock Exchange (JSE).
Greenfern Industries (NZX:GFI) has kicked off an NZD $1.2M offer to wholesale investors, trying to raise up to $5M.