The DEA is expected to finalize on Wednesday the previously suggested Schedule II status for Syndros, the FDA-approved drug developed by Insys Therapeutics.
"I strongly believe that the board must be reconstituted to ensure that the interests of the shareholders are appropriately represented," Dietrich wrote in the SEC filing made Monday.
The firm fired its CEO for alleged 'serious misconduct' including claims of sex, drugs and misuse of funds, according to a new lawsuit obtained by The Cannabist.
Three well-known players in the cannabis industry have partnered in the operation of an Ontario indoor cultivation facility, a site they say could serve as a springboard for international expansion.
New CEO Scott Kveton expressed optimism that the company would be able to continue operating beyond the current quarter during a conference call with investors.
Senator Cory Gardner, a Republican from Colorado, is backing federal legislation that would allow state-legal marijuana businesses to claim tax deductions.
The company will need to raise at least $2.5 million by year's end to continue to fund operations, officials disclosed in a regulatory filing made Tuesday with the SEC.
Colorado marijuana shops sold a little more than $136.6 million in flower, edibles, concentrates and accessories for September 2017, according to The Cannabist's calculations on state tax statistics.
GW Pharmaceuticals, a.k.a. Greenwich Biosciences, has submitted to the FDA a New Drug Application for Epidiolex, a cannabis-based epilepsy drug with CBD.