Retail stores in California are going to need more shelf space as California Assembly Bill 228 will remove the prohibition on hemp-derived CBD foods and supplements. AB-228 passed through on May 16, 2019, with unanimous approval and will now move to the House floor, which requires a two-thirds majority to move to the Senate. In July 2018, the California Department…

As the cannabis industry grows, businesses at every level are participating in mergers and acquisitions, despite regulatory hurdles. Some of the biggest players in cannabis are continuing to consolidate their holdings, while smaller operations and entrepreneurs are also seeking a way forward. 2018 saw massive expansion in the cannabis industry, led by both U.S. and Canadian industry frontrunners such as…