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Home » Topics » Cannabis Industry News

Cannabis Industry News
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News and business information related to retail and foodservice markets for legal recreational and medical cannabis edibles and beverages.
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ARTICLES

Mary Jones cannabis portfolio_web.jpg

Jones Soda names new CEO

David Knight to succeed Mark Murray, who is retiring.
Alyse Thompson
Alyse Thompson-Richards
June 9, 2023
No Comments

David Knight will succeed Mark Murray as president and CEO of Jones Soda Co., maker of the cannabis-infused Mary Jones brand.


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Bayou City Hemp 8th Wonder Brewery

Bayou City Hemp acquires 8th Wonder Brewery

Companies have previously collaborated on THC beverages.
Alyse Thompson
Alyse Thompson-Richards
June 8, 2023
No Comments

The acquisition follows a series of collaborations to create non-alcoholic THC beverages for Texas consumers.


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Sunderstorm logo

KANHA maker Sunderstorm acquires Nevada vapes brand

Acquisition of Abide Brands will expand Sunderstorm’s Nevada footprint.
Alyse Thompson
Alyse Thompson-Richards
June 8, 2023
No Comments

This is the first acquisition for Sunderstorm, which says it is the start of a new phase of growth that will include expanding its categories nationally.


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Marijuana Leaves and Gold Coins

BDSA: U.S. cannabis market to reach $45B by 2027

Market research firm offers forecasts for state markets.
Alyse Thompson
Alyse Thompson-Richards
June 7, 2023
No Comments

The total global legal cannabis industry is predicted to reach $36.7 billion in 2023, with 80% of sales from U.S. markets.


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SNDL logo_web.jpg

SNDL names Alberto Paredero-Quiros as CFO

Paredero-Quiros has served at Mondelez International, Procter & Gamble.
Alyse Thompson
Alyse Thompson-Richards
June 6, 2023
No Comments

Alberto Paredero-Quiros brings more than 25 years of management experience in the consumer goods and pharmaceutical industries. 


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Cannabutter

Cannabis-infused fats could support consumer-driven market

Alaska’s Marijuana Control Board legalizes infused dairy butters, oils and fats.
Steve Schain, Esq.
Steve Schain Esq.
June 5, 2023
No Comments

Alaska’s allowance of vending infused dairy butters, oils and fats clears the way for a broader array of infused-product offerings nationally and a more consumer-driven market.


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Acreage logo

Acreage Holdings CEO Peter Caldini to resign

COO Dennis Curran to succeed Caldini as CEO.
Alyse Thompson
Alyse Thompson-Richards
June 2, 2023
No Comments

Dennis Curran, chief operating officer of Acreage, has been appointed as CEO and will assume the role on July 1.


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Trulieve logo

Trulieve to cease Massachusetts operations

Company also closes retail locations in California.
Alyse Thompson
Alyse Thompson-Richards
June 1, 2023
No Comments

Trulieve is set to pull out of Massachusetts by the end of the year as part of ongoing measures to improve its financial performance.


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Judge Gavel

Minnesota legalizes adult-use cannabis

Legislation includes provisions for “lower-potency hemp edibles.”
Alyse Thompson
Alyse Thompson-Richards
May 31, 2023
No Comments

Adults 21 and over can use and possess certain amounts of cannabis starting Aug. 1, but adult-use cannabis sales aren’t expected to begin in Minnesota until early 2025.


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Canopy Growth logo_web.jpg

Canopy Growth partners with Indiva to offer Wana products in Canada

Indiva to manufacture and supply Wana products for at least five years.
Alyse Thompson
Alyse Thompson-Richards
May 30, 2023
No Comments

Canopy Growth Corporation and Indiva Limited have entered into license and assumption agreements providing Canopy Growth exclusive rights to manufacture, distribute and sell Wana products in Canada.


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EVENTS

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4/26/23 to 4/26/24
Contact: Demi

Edible Evolution in Cannabis: In Review and What’s to Come

On Demand In our 2023 State of the Cannabis Food and Beverage Industry webinar, join BDSA for a deep dive into U.S. edible cannabis to understand category performance, key trends and what it's expecting in 2023 and future years.

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7/16/23 to 7/19/23
Chicago
United States

IFT 2023

IFT FIRST means Food Improved by Research, Science and Technology and it's the only place you can get what you need to advance your knowledge, network, business, and push the future of food forward. Plan to join us in July.

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7/27/23
San Francisco
United States

Cannabis Drinks Expo San Fran 2023

After successful events at San Francisco and Chicago this year, we’re all set for Cannabis Drinks Expo 2023!

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Live Industry

8/1/23
Chicago
United States

Cannabis Drinks Expo Chicago 2023

After successful events at San Francisco and Chicago this year, we’re all set for Cannabis Drinks Expo 2023!

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8/4/23 to 8/6/23
Huntington Place
1 Washington Blvd
Detroit, MI
United States

Cannabis Industry Conference & Expo 2023

The Cannabis Industry & Conference Expos bring together like-minded industry professionals working in all aspects of the Cannabis Industry.

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July 27, 2023

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