Michigan THC Edibles Maker Voluntarily Pulls Products From Shelves After Competitor Pays Steep Fine
Portfolio Pulse from Jelena Martinovic
Michigan cannabis producer Golden Shores Cannabis has voluntarily recalled its THC edibles product 'The Weed Bar' due to exceeding permitted THC levels and lacking child-resistant packaging. The recall follows a competitor's steep fine and loss of its medical marijuana processing license for violating over thirty rules. Meanwhile, Curaleaf Holdings and Tempo Crackers are among companies launching new edibles products, despite concerns over increased pediatric exposures to cannabis and abuse of vapes and edibles.
July 11, 2023 | 1:52 pm
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Curaleaf Holdings is launching new edibles products despite regulatory concerns and potential risks associated with pediatric exposures to cannabis.
The news of Golden Shores Cannabis' recall and the steep fines faced by another competitor could potentially impact the perception of Curaleaf's new edibles products. However, the direct impact on Curaleaf's stock is uncertain as the company was only passively mentioned in the article.
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