Florida Gov. Ron DeSantis reportedly plans to veto a bill that would ban consumable hemp-derived products, such as delta-8 THC, according to sources close to the governor who spoke to CBS News Miami. Such a move could bolster the state’s hemp industry while simultaneously undermining a marijuana legalization initiative set …
DC judge questions Labor Board’s authorization over illegal business
A three-member panel for the District of Columbia Circuit denied enforcement of part of the National Labor Relations Board‘s decision about Curaleaf Holding’s (OTC: CURLF) Arizona dispensary. The decision stemmed from the firing of worker Anissa Keane, who was a union organizer at a cannabis dispensary. However, the panel did …
Indiva taps advisor for strategic options as debt woes mount
Canadian cannabis edibles maker Indiva Limited (TSX: NDVA) has launched a review to weigh potential moves aimed at “maximizing shareholder value,” as the company continues to deal with a tight field and a burdensome debt load. The London, Ontario-based company said Monday that it has tapped a financial advisor to help …
Can Canopy Growth USA give Acreage Holdings a glow up?
The leadership of Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) put its foot in its proverbial mouth a bit this week by celebrating its about-to-close ownership of New York-based Acreage Holdings Inc. (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) as part of its plan to get back into the black. Just …