Business, Industry Moves

CannTrust Licenses Suspended, Shopify Enters US, Canopy Ex-CEO’s Next Gigs, & More…

A roundup of the latest major industry moves across the globe.

Global

Paraguay Prepares to Issue Licenses for Domestic Cannabis Production

The production of cannabis products in Paraguay has the potential to help patients avoid the need to import costly products from abroad.

Florida

Acreage, Harvest Health Join Cannabis Companies Lobbying in Florida

National cannabis companies are lobbying in Florida in the midst of legalization pushes from both industry and advocacy groups.

California

LA’s Number of Unlicensed Cannabis Shops Is Actually Dropping

A Department of Public Health report found that illicit storefronts are concentrated in areas with higher percentages of Latino and African American residents.

Georgia

Look Who is Lobbying in Georgia

Trulieve pushed as the state expanded medical cannabis access last year. Now Curaleaf is a new entrant.

Research

DEA Proposes Increase to Research-Grade Cannabis Supply, Again

“This will meet the need created by the increase in the amount of approved research involving marijuana,” the DEA told Cannabis Wire.

Florida

MedMen-Backed Florida Legalization Campaign Is Raking in Cash

One effort is backed by industry giants, the other by grassroots advocates. Either would transform the state’s cannabis landscape.

California

It’s Crunch Time For California’s Cannabis Bills

Cannabis bills that address everything from funding for after-school programs to tax deductions must pass in the state’s Assembly or Senate by Friday to have a shot at passage this session.

California

California’s Cannabis Bank Bill On Hold Until 2020

Just last week, the Assembly’s Appropriations Committee approved a bill to create banks for the industry, which was crafted in collaboration with State Treasurer Fiona Ma.