Cannabis Business Times – Page 5

Cronos Grows International Footprint in Switzerland

The Canadian cannabis company partnered with Dascoli Pharma AG to expand the distribution of its PEACE NATURALS brand in the Swiss market.

The cannabis company does not anticipate that the missed payment will result in operational challenges as it restructures its debt profile.

The cannabis workers in Vineland voted to accept their contract with UFCW Local 152 after first deciding to organize nearly three years ago.

The state’s Office of the Marijuana Commissioner announced the launch date, which had been delayed by trouble with obtaining an FBI service code.

The cannabis company has no immediate plans to offer or sell any securities under the shelf registration.

The cannabis company announced the strategic exit to focus on core markets. The net proceeds from its divestitures will be used to pay down debt.

State regulators plan to prohibit smoking, combustion and vaping, but a formal rulemaking process is underway before an October licensing deadline.

The excise tax increase will drive more Californians to the unlicensed market; Assembly Bill 564 offers a path to roll back the policy.

The New York Office of Cannabis Management issued the recall for flower and pre-rolls produced with inputs from unlicensed entities.

The new locations in Ontario and Manitoba bring the cannabis company’s store count to 202 locations across Canada.