Case Studies
Verano Raises Credit Limit to $100M, Extending Repayment Deadline to 2029
CHICAGO – Verano Holdings Corp. disclosed an update to its ...
Trump Video Fuels Cannabis Stock Surge, Yet Analysts Question Depth of Policy Shift
LOS ANGELES – A recent video posted by President Donald ...
Ex-Curaleaf Executive Files Suit Alleging Ignored Warnings on Inventory Shortfalls at Illinois Facility
LOS ANGELES – A former compliance director for Curaleaf Holdings ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Cybin Secures Additional U.S. Patent for CYB003
LOS ANGELES- Cybin Inc. a biopharmaceutical company, announced the granting of U.S. patent 12,291,499 by the United States Patent and Trademark Office. This patent pertains to pharmaceutical compositions and oral dosage forms within the company's ...
Chairman of High Times Parent Company to Plead Guilty in Fraud Scheme
LOS ANGELES-Adam Levin, chairman of Hightimes Holding Corp., has agreed to plead guilty to conspiracy charges involving a scheme to pay an investment analyst to promote the company’s stock without disclosing the compensation. According to ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
Hemp vs Cannabis Beverages: What’s the Difference, and Why Does It Matter?
LOS ANGELES- Cannabis and hemp beverages markets see rapid growth, but their distinctions remain unclear to many. While both originate from one species, they cater to vastly different audiences, serve distinct purposes, and adhere to ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Cybin Secures Additional U.S. Patent for CYB003
LOS ANGELES- Cybin Inc. a biopharmaceutical company, announced the granting of U.S. patent 12,291,499 by the United States Patent and Trademark Office. This patent pertains to pharmaceutical compositions and oral dosage forms within the company's ...
Moving Closer To Legalization New York Proposes New Cannabis Regulator
ALBANY - Governor Andrew Cuomo pledged to legalize the recreational cannabis use in New York, proposing a new office to regulate the market and licensing opportunities for communities most affected by the disparate enforcement of drug ...
Judge Order Cannabis Companies To Stop Billboard Advertising
The California Bureau of Cannabis Control has been tasked to inform all cannabis business owners that they can no longer advertise on highways that cross state lines, according to a judgement from San Luis Obispo ...
Mexico Gives The Green Light To Medical Cannabis
MEXICO CITY - Mexico’s health ministry have published rules this week regulating the use of medical cannabis, a first major reform that makes Mexico the world’s largest legal cannabis market. The new regulation was signed ...
Women Inclusion Network and WEIC Join Forces To Support Women In Cannabis
LOS ANGELES --The Arcview Group’s Women’s Inclusion Network joins forces with Women Empowered in Cannabis (WEiC) to develop a cohesive program that benefits members of both organizations. In 2021, Women’s Inclusion Network and WEiC will offer joint membership, access ...
California Will Facilitate Greater Access To Financial Services in Cannabis
SACRAMENTO – Today, the California state cannabis licensing authorities – the Bureau of Cannabis Control, California Department of Food and Agriculture and California Department of Public Health – provided notice to the public of proposed ...
California Consolidates Cannabis Regulatory Bodies Into One Super Regulator
SACRAMENTO – California Governor Gavin Newsom (pictured above) fiscal year 2021-2022 budget proposal released today includes a proposal to consolidate the three state licensing authorities into a single Department of Cannabis Control. This proposal was ...
USDA Say New COVID Stimulus Funds Now Extend to Help Hemp Farmers
(Washington, D.C.) USDA have said funding for Hemp farmers affected by COVID will be released as early as this month, through the $900 billion Consolidated Appropriations Act, 2021. A new bill just signed into law ...
Virginia Joins East Coast States In Push to Full Legalization
Virginia takes one step closer to legalizing cannabis sales with new legislation proposed today by Gov. Ralph Northam in a meeting in Richmond's state capital. Backed by state Senators Louise Lucas, D-Portsmouth, and Adam Ebbin, ...
Curaleaf completes new $50 million revolving credit facility
Curaleaf Holdings, Inc. (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced successful completion a new $50 million, three-year secured revolving credit facility. The net proceeds from borrowings under the credit ...
Four Cannabis Social Justice Organizations to Know
Cannabis has evolved from being the Nixon-era’s scapegoat to a modern element of pop culture that’s becoming a vibrant, booming industry. Last year alone, we’ve generated tens of thousands of jobs, crime rates have plummeted, ...
Dutch Government Mandates Ugly Packaging For Newly Regulated Cannabis Brands
DEN HAGUE – The cannabis sold in the Netherlands is sold in coffee shops or hash bars dotted around Holland in cities like Amsterdam and Rotterdam. These coffee shops act as in-site consumption lounges. Despite ...
Aurora Cannabis Layoffs Continue Despite Cannabis Stocks Boom
Edmonton-based Aurora Cannabis (ACB) have stopped production at their Aurora Sun property in Medicine Hat. About 30 workers were made redundant. Aurora’s Vice President of Communications, Michelle Lefler says that the facility is now offline. ...
Cannabis Consumption Up Amidst Pandemic
In light of mandatory lockdowns put in place in response to the COVID-19 pandemic, it appears fun-seekers are changing up their consumption habits. According to a new study, the dormant club scene in New York ...
Cannabis Stocks Jump On Democrat Wins In Georgia
Cannabis stocks soared this week, riding the blue wave that washed over the state of Georiga. Two run-off Senate races saw a Democratic sweep, cementing majority control for the party. The Rev. Raphael Warnock and ...
Canopy Growth Files Patent Infringement Lawsuit Against GW Pharma
Canopy Growth claims GW Pharma has been illegally utilizing extraction technology they hold the exclusive rights to.
Snoop Dogg-Led Investment Fund Casa Verde Capital Closes Nearly $100 Million Round
Cannabis investments are heating up yet again. This time, it’s good news for Casa Verde Capital, the fund run by Snoop Dogg (real name Calvin Broadus), Ted Chung, and Karan Wadhera. Casa Verde closed a ...
Canadian Cannabis Companies Aphria and Tilray Announce Merger
Two of Canada’s leading licensed producers of legal cannabis have announced plans to merge. Ontario-based Aphria Inc. and British Colombia-based Tilray Inc. are joining forces and will be the largest marijuana producer in the world ...
US House Votes To Legalize Cannabis With Passing of MORE Act
In a watershed moment for the cannabis legalization movement, the United States House of Representatives on December 4th voted to remove the plant from the Schedule I list. The Marijuana Opportunity Reinvestment and Expungement Act, ...
Jay-Z Named Chief Visionary Officer Of Newly Minted California Cannabis Powerhouse
NEW YORK – Hip-hop mogul Shawn “Jay-Z” Carter has never shied away from proclaiming his adoration for cannabis in his music but the rapper and entrepreneur is taking his passion for the plant one step ...
5 Unique Benefits of Delta-8-THC
The cannabis plant has hundreds of active compounds, including dozens of different cannabinoids. While THC and CBD remain the dominant players in the marketplace, several lesser-known cannabinoids are beginning to gain traction. One such molecule ...
What is THC Distillate?
What is THC Distillate? The world of edible cannabis has changed dramatically since the swinging 1960s when pot brownies first hit the scene. Long gone are the days when some ground-up stems and shake ...
