Innovative Industrial Properties (NYSE: IIPR) reported in a regulatory filing on Friday that cannabis operator PharmaCann defaulted on rent payments for nine of its 11 leased properties – another setback in what had appeared to be an improving landlord-tenant relationship. According to a Securities and Exchange Commission filing, PharmaCann failed …
Despite years of turmoil, from sales declines to thousands of licensed businesses going under, illicit market competition and countless other hurdles, serial cannabis entrepreneur Dave Spradlin thinks there’s still hope for small companies to carve out successful niches. And he’s trying to prove that with a new small retail chain… …
Health Canada this week announced significant revisions to its national cannabis industry regulations, including changes to rules that govern licensing, production, packaging and labelling, security, and record keeping, according to analysis by StratCann. The new rules, published Wednesday in the federal government’s Canada Gazette, are aimed at addressing industry concerns …
The U.S. Food and Drug Administration last week sent a warning letter to a California manufacturer that has been marketing an injectable hemp CBD product to medical patients. The letter, dated March 6, was sent to Sacramento-based Pico IV and asserts that its “intravenous form of cannabidiol” is an “unapproved …