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The Week in Weed: October 8, 2021

The Blunt Truth

Under a law that passed earlier this year, the Cannabis Compliance Board looks to award permits for public spaces that would allow cannabis consumption. A previous ballot initiative collected enough signatures, but the state’s Supreme Court invalidated it. california. Recent attempts to legalize in the legislature have gone nowhere.

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HempFusion Reports Q2, 2021 Financial Results

Cannabis Law Report

(TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), an industry leader in full spectrum cannabidiol (CBD) hemp extract wellness products and probiotics, today reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights. Second Quarter 2021 Business Highlights.

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Santa Barbara: Board of Supervisors to hear update on cannabis tax collection

Cannabis Law Report

The Santa Barbara County Board of Supervisors will hear an update on cannabis tax collection in the last quarter of the fiscal year 2020-2021 during its regular meeting on Tuesday. During the last fiscal quarter that ended June 30, the county collected about $3.8 million in gross tax receipts paid by 58 operators.

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Ionic Brands Corp. Announces Record First Quarter of 2021 Proforma Financial Results and Provides Business Update

Cannabis Law Report

TACOMA, WA / ACCESSWIRE / June 28, 2021 / IONIC BRANDS CORP. The Company is pleased today to be reporting its proforma, unaudited financial results for the three months ended March 31, 2021. The Company is pleased today to be reporting its proforma, unaudited financial results for the three months ended March 31, 2021.

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ScottsMiracle-Gro Announces Creation of New Investment Entity to Enable Investments in the Cannabis Industry

Cannabis Law Report

The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.

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Alert: Nevada Cannabis Compliance Board – CCB/DoT Release Annual Cannabis Taxable Sales Data Now Published

Cannabis Law Report

Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $1 billion in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period. Additional Links & Information: Cannabis Compliance Board: Industry Statistics.

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Eurofins Core Business Sets Record Performance in Q2 2021 With 25% Organic Growth Year-on-year

Cannabis Law Report

The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021. The Core Business delivered strong organic growth 13 in H1 2021 (17% year-on-year) despite some of Eurofins’ businesses remaining affected by lockdowns during H1 2021.