Cannabis M&A in the Post-COVID Era By Jose Sariego, Bilzin Sumberg Prospects for the New Year are expected to continue the explosive year-end trend with a backlog of nearly $2 billion in deals heading into 2021. Growth is expected to be led by multi-state operators who have achieved scale, cleaned up their balance sheets and stockpiled dry powder for roll-up acquisitions. |
Cresco Labs Acquires Bluma Wellness By Cannabis Industry Journal Staff Cresco Labs will enter the Florida market with the acquisition of Bluma Wellness (and its subsidiary One Plant Florida) for an equity value of $213 million, expected to be finalized by the second quarter of this year. |
New Trade Organization Launches: By Cannabis Industry Journal Staff A group of businesses in the cultivation and technology space has launched the Sustainable Cannabis Coalition (SCC), to collaborate on improving data-driven sustainability in cultivation, manufacturing and distribution throughout the market. |
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New Biological Residue Test Developed to Verify Cleanliness on Surfaces Researchers at Kikkoman Biochemifa have developed an assay to test for total adenylates, which are found in biological residue. This new technology is being implemented in real-time sanitation validation tests to enhance pathogen detection. |
Leaders in Cannabis Formulations: Part 1 By Aaron Green, Iridium Consulting In this series of articles, Aaron Green sits down and interviews a number of industry scientists and executives leading cannabis formulation companies. In Part 1, Green chats with Drew Hathaway, senior food scientist at Stillwater Brands, the makers of Caliper and Ripple, to learn more about their technology and plans for growth. |
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Edibles Pose Health Risk without Food Safety Test Rapid Pathogen Testing Mitigates Foodborne Illness Even with comprehensive cannabis testing, food safety concerns pose a major challenge to edible manufacturers. With no regulatory oversight for cannabis-infused foods, it’s up to manufacturers to prevent pathogen outbreaks. Microbiological testing for hazardous bacteria is the best way to protect against outbreaks. |
New Book On Cannabis Describes By Marguerite Arnold, CannaList EU Marguerite Arnold's new book about the inside story of the German cultivation bid, Green II: Spreading Like Kudzu, contains surprises and inside stories you have never heard before – no matter who you are in the industry. Here is an exclusive first look excerpt. |
ProVerde Laboratories Shut Down for By Cannabis Industry Journal Staff The company’s Portland, Maine location was shut down for operating without a city license, pending an inspection in February. |
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