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Hemp Beverage Operators Build Plan B Ahead of November Ban
Hemp beverage operators are preparing for several possible futures as a federal ban on intoxicating hemp-derived cannabinoids approaches. At Hemp Beverage Expo, panelists urged brands to review cash flow, contracts, supply chains, tax exposure, insurance, and customer data while weighing pivots to non-hemp functional beverages, alcohol, or a temporary scale-back.
Trulieve Approved for NYSE Listing Following Medical-Only Restructuring
Trulieve Cannabis Corp. has received approval to list on the New York Stock Exchange beginning June 10 under ticker symbol TRLV. Marking a historic shift for U.S. plant-touching operators, the company paved its path to the major exchange by executing a strategic corporate restructuring to maintain a 100-percent medical consolidated footprint following federal Schedule III reclassification.
Curaleaf Prepares for U.S. Uplisting With 1-for-3 Reverse Stock Split
STAMFORD, Conn. – Curaleaf Holdings is making its most tangible move yet toward a major U.S. stock exchange listing. The Stamford, Connecticut-based multistate operator...