Case Studies
Indiana Republicans Propose Statewide Oversight for Craft Hemp Market
INDIANAPOLIS – Three Republican members of the Indiana House introduced ...
Wyld Acquires Grön
SEATTLE – Wyld, a leading producer of THC-CBD-infused gummies and ...
Trump Signs Funding Measure Ending Historic 43-Day Government Shutdown, Bans Hemp-Derived THC Products
WASHINGTON – President Donald Trump signed a bipartisan spending package that reopens the federal government after a 43-day impasse, marking the longest such closure in American history. Tucked into the legislation, however, are new limits ...
Opinion: Lean In? Sometimes You Have To Lean Out
LOS ANGELES- For years, women have been told that if we want to succeed, we need to “lean in.” Work twice as hard to get half as much. Push through. Prove ourselves. Be unstoppable. And ...
OPINION: Careful What You Wish For, You Might End Up With A 12-Inch Pianist
LOS ANGELES- The regulated cannabis industry should be collectively objecting to the language in the Big Beautiful Bill that effectively makes intoxicating hemp products illegal in 12 months. They should be screaming from the roof ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill 1103 into law on Friday, October 10, clearing hurdles for researchers studying Cannabis and psychedelics in the state. The measure targets delays in approving projects ...
AYR Wellness Kicks Off Public Auction in Debt Restructuring Push
LOS ANGELES – Miami-based AYR Wellness Inc. moved ahead with its financial reset by starting Article 9 foreclosure proceedings under the Uniform Commercial Code to auction core assets. Odyssey Trust Company, serving as collateral trustee ...
From Cherokee to California: The New Bipartisan Crackdown on ‘Kid-Friendly’ Cannabis Marketing
LOS ANGELES- The California Department of Cannabis Control (DCC) issued fresh guidance this week reminding licensees that marketing, packaging, and labeling that could appeal to minors is strictly prohibited under MAUCRSA. It specifically highlighted bright ...
Trump Signs Funding Measure Ending Historic 43-Day Government Shutdown, Bans Hemp-Derived THC Products
WASHINGTON – President Donald Trump signed a bipartisan spending package that reopens the federal government after a 43-day impasse, marking the longest such closure in American history. Tucked into the legislation, however, are new limits ...
Opinion: Lean In? Sometimes You Have To Lean Out
LOS ANGELES- For years, women have been told that if we want to succeed, we need to “lean in.” Work twice as hard to get half as much. Push through. Prove ourselves. Be unstoppable. And ...
OPINION: Careful What You Wish For, You Might End Up With A 12-Inch Pianist
LOS ANGELES- The regulated cannabis industry should be collectively objecting to the language in the Big Beautiful Bill that effectively makes intoxicating hemp products illegal in 12 months. They should be screaming from the roof ...
Cannabis Legalization in North Carolina
LOS ANGELES- In North Carolina, the path to legalizing recreational cannabis remains uncertain, with recent legislative efforts failing to achieve the necessary bipartisan support. The state's cautious approach, especially the lack of Republican backing, highlights ...
California Advances Regulated Psychedelic Therapy Bill
LOS ANGELES- California's legislative body has taken a significant step towards the formal integration of psychedelic therapy into medical practice with the Senate Business, Professions and Economic Development Committee's recent approval of Senate Bill 1012. ...
U.S. House Committee Advances Cannabis and Psychedelics Research Bills for Veterans
NEW YORK- The House Committee on Veterans' Affairs has recently passed two significant bills concerning the use of cannabis and psychedelics for veterans, gaining unanimous support among the committee members. The proposals, reported by Marijuana ...
Missouri Records $125M in Cannabis Sales for March
LOS ANGELES- Missouri has achieved a new milestone in cannabis sales, registering a record-breaking $124.7 million in combined medical and adult-use cannabis sales for March, as reported by the Division of Cannabis Regulation (DCR). This ...
Cybin Inc. Secures Patent for Psychedelic-Based Depression Treatment
LOS ANGELES- Cybin Inc., a biopharmaceutical company dedicated to improving mental healthcare through psychedelic-based therapies, has announced the granting of a new U.S. patent for its CYB003 program, aimed at treating Major Depressive Disorder (MDD). ...
New York Accelerates Cannabis Licensing
NEW YORK- New York has issued over 400 adult-use cannabis licenses this year, a significant step as the state addresses the slow initial rollout that led to widespread unlicensed dispensaries. The state Cannabis Control Board ...
Congressional Hearing Spotlights Need for Cannabis Rescheduling and Regulation Clarity
LOS ANGELES- At a recent House Oversight and Accountability Committee hearing, FDA Commissioner Robert Califf was rigorously questioned about the potential rescheduling of cannabis and the regulation of CBD products. The hearing underscored the growing ...
Numinus Wellness Announces Strategic Shift in Canadian Operations
LOS ANGELES- Numinus Wellness Inc. , has completed its strategic review and announced plans to reshape its Canadian clinical operations. This reorganization, referred to as the "Canadian Reorganization," aims to refocus the company's efforts on ...
Canopy Growth Shareholders Greenlight Exchangeable Shares for U.S. Expansion
LOS ANGELES- In a significant step towards penetrating the U.S. market, Canopy Growth Corporation announced that its shareholders have approved the creation of a new class of exchangeable shares. This strategic move is a key ...
Proposed Amendment Aims to Toughen Penalties for Kansas Hemp Farmers with High THC Levels
LOS ANGELES- In a recent development within Kansas legislative circles, a contentious amendment has been introduced that seeks to impose stricter penalties on hemp farmers whose crops test above a 1% THC threshold. This amendment, ...
New Hampshire House Approves Cannabis Legalization Bill
NEW YORK- The New Hampshire House of Representatives has passed a bill to legalize adult-use cannabis, with a vote of 239 to 136, moving the proposal forward to the Senate where its outcome is less ...
IRS Guidance Eases Cash Transaction Concerns for Cannabis Industry
LOS ANGELES- The Internal Revenue Service (IRS) recently issued a memo that clarifies handling cash transactions within the cannabis industry, providing a potential shift in federal treatment of the sector. This guidance focuses on the ...
PharmaCielo Amplifies Presence in Asian Markets with Strategic Acquisition
LOS ANGELES- PharmaCielo, an international cannabis production, announced plans to broaden its footprint in Asian markets through a strategic acquisition aimed at leveraging its established product quality and unique genetic and formulation expertise. This expansion ...
M&A News: Staffing Firm Vangst Acquires CannabizTemp
DENVER-Vangst, the cannabis industry's leading hiring platform, has officially acquired CannabizTemp, the temporary staffing division of CannabizTeam. The acquisition was 50% cash, 50% stock, and is the first acquisition in the cannabis HR space. Vangst ...
Ontario Cannabis Retailer Incurs $200,000 Fine for Regulatory Non-compliance
LOS ANGELES- The Alcohol and Gaming Commission of Ontario (AGCO) has levied a fine of CA$200,000 against Cannabis Xpress for breaching provincial anti-inducement laws designed to regulate cannabis retail operations. The AGCO's inquiry, triggered by ...
Alabama Seeks to Reset Medical Cannabis Licensing with New Bill
LOS ANGELES- In an effort to resolve ongoing delays and legal complications in its medical cannabis program, the Alabama Senate Agriculture, Conservation, and Forestry Committee has endorsed Senate Bill 306, which proposes a comprehensive reset ...
PharmAla Biotech Announces Private Placement Offering and Debt Settlement
LOS ANGELES- PharmAla Biotech Holdings Inc. a player in the biotechnology sector specializing in the development of LaNeo™ MDMA and its derivatives, has announced plans for a non-brokered private placement offering aiming to raise up ...
Surge in Canceled Cannabis Licenses and Rising Unpaid Excise Tax in Canada
NEW YORK- The Canadian cannabis industry is facing significant operational hurdles as evidenced by the sharp increase in business license cancellations. According to data from the Canada Revenue Agency (CRA), at least 123 federal cannabis ...
Clearmind Medicine Inc. Files Patent for Novel Therapeutic Approach to Treat Eating Disorders
LOS ANGELES- Clearmind Medicine Inc. a biotech company specializing in the discovery and development of psychedelic-derived therapeutics, has announced the filing of a patent application with the United States Patent and Trademark Office (USPTO) for ...
Sun Theory Holding Co. Acquires Terrapin Care Station’s Retail Operations in Colorado
LOS ANGELES- Sun Theory Holding Co. announced the acquisition of the Colorado retail operations of Terrapin Care Station, including five retail dispensaries, on Monday. This acquisition adds to Sun Theory's existing portfolio of eight retail ...
Maine Advances Psychedelic Research with Commission Bill Awaiting Governor’s Approval
LOS ANGELES- In a significant move towards exploring the therapeutic potential of psychedelic substances, Maine lawmakers have sent a bill to Governor Janet Mills that aims to establish a commission for studying and recommending regulatory ...
Silo Pharma Licenses Promising Alzheimer’s Disease Therapeutic from Columbia University
NEW YORK- Silo Pharma, Inc. a biopharmaceutical company specializing in novel formulations and drug delivery systems, has announced its decision to license a therapeutic candidate for Alzheimer's disease (AD), known as SPC-14, from Columbia University. ...
Red Light Holland Advances in Psilocybin Research and Development
LOS ANGELES- Red Light Holland Corp., a North American and European producer of functional mushrooms and mushroom home grow kits, is set to provide an update on its Research and Development (R&D) collaboration with CCrest ...
Montana’s Comprehensive Approach to Cannabis Regulation and Consumer Safety
LOS ANGELES- Montana's Cannabis Control Division (CCD) is spearheading efforts to ensure public health and safety through the implementation of the Montana Cannabis Regulation and Taxation Act. The legislation aims to provide safe access to ...
Virginia Governor’s Veto Stalls Cannabis Legalization Progress
LOS ANGELES- In a recent development in Virginia's cannabis legalization movement, Governor Glenn Youngkin vetoed legislation that would have established a legal marketplace for adult-use cannabis. This move has been seen as a setback for ...
