In April, GABY announced plans to acquire the HempFusion, Sagely Naturals and apothecanna brands through a share purchase agreement.

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.

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

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

The program will be led by a team of experts in both the traditional beverage and cannabis industries, offering a strategic approach designed to drive product awareness, increase category education, and drive sales.

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.

Empire Marketing Strategies is a marketing and sales agency specializing in work with Kroger to help brands and retailers grow their businesses.

Resonate Blends, maker of Koan Cordials, has signed a non-binding letter of intent with Pegasus Specialty Vehicles, a leader in low-emission and zero-emission electric vehicles and hydrogen fuel cell technology for school buses and specialty vehicles.

Through a sales and distribution agreement with BevCanna, Heritage will utilize its distribution channels and relationships with the provincial boards to bring beverages to market across the country.

The coalition, called Financial Stability for California Cannabis, seeks to raise awareness and offer solutions to severe credit issues that threaten the industry’s stability.