Case Studies
Trump Signs Hemp THC Ban Delay
WASHINGTON – President Donald Trump signed H.R. 6500, the Continuing ...
Research and Markets Report Sets a $28B Target on Cannabis Tech
DUBLIN – The Cannabis industry has transformed from plant cultivation to infrastructure development. Today, institutional-grade technologies reshape the way the global supply chain works, and the numbers behind this evolution are capturing the attention of ...
Europe Medical Cannabis to Reach $13 Billion by 2034, IMARC Group Reports
NEW YORK – A fresh industry report highlights substantial potential in Europe's regulated medical Cannabis market as more countries refine access rules and patient numbers climb. The analysis from IMARC Group points to steady expansion ...
Bioxyne Double-Strikes in LATAM and Europe
SYDNEY – Bioxyne Limited, an international health and life sciences company focused on the manufacturing and distribution of novel medicines, including medical Cannabis, psilocybin, and MDMA, has signed two new commercial agreements – one stretching ...
Distressed Assets Are Reshaping Cannabis M&A
LOS ANGELES- Distressed assets are now driving the next phase of Cannabis M&A. What appears on the surface to be a slowdown in deal activity is, in reality, a shift in how transactions are being ...
Charlotte Figi Day: The Enduring Legacy of a Girl Who Sparked a Revolution in Cannabis
LOS ANGELES – Every year on April 7, Colorado officially observes Charlotte Figi Day, a day set aside by proclamation of Governor Jared Polis to honor a remarkable young girl whose courage, suffering, and breakthrough ...
Innocan Pharma Closes Additional Insider Debenture
HERZLIYA-CALGARY – Innocan Pharma Corp. announced that it had completed the closing of an additional secured debenture with its largest shareholder, Tamar Innovest Ltd., for gross proceeds of $200,000. The financing follows the company’s earlier ...
New Mexico Allocates $630K for Medical Psilocybin Treatment Equity Fund
SANTA FE – Gov. Michelle Lujan Grisham signed the state’s annual budget bill, setting aside $630,000 to create the Medical Psilocybin Treatment Equity Fund and extend access to supervised psilocybin therapy for low-income and rural ...
Research and Markets Report Sets a $28B Target on Cannabis Tech
DUBLIN – The Cannabis industry has transformed from plant cultivation to infrastructure development. Today, institutional-grade technologies reshape the way the global supply chain works, and the numbers behind this evolution are capturing the attention of ...
Europe Medical Cannabis to Reach $13 Billion by 2034, IMARC Group Reports
NEW YORK – A fresh industry report highlights substantial potential in Europe's regulated medical Cannabis market as more countries refine access rules and patient numbers climb. The analysis from IMARC Group points to steady expansion ...
Bioxyne Double-Strikes in LATAM and Europe
SYDNEY – Bioxyne Limited, an international health and life sciences company focused on the manufacturing and distribution of novel medicines, including medical Cannabis, psilocybin, and MDMA, has signed two new commercial agreements – one stretching ...
Ascend Wellness Boosts Massachusetts Presence with Second Cultivation License Acquisition
LOS ANGELES- Ascend Wellness Holdings, Inc., a player in the cannabis industry, has announced its acquisition of a second cultivation license and associated operations in Massachusetts, marking a significant expansion of its cultivation and production ...
Rhode Island Governor Proposes Tax Relief for Cannabis Industry to Counteract IRS Code 280E
LOS ANGELES- In a significant move aimed at supporting the cannabis industry, Rhode Island Governor Dan McKee has unveiled a proposal to decouple state tax codes from federal tax regulations, specifically targeting the financial strains ...
FSD Pharma Announces Market Offering Agreement to Fund Research and Development
NEW YORK- FSD Pharma a biopharmaceutical company focused on developing a diverse portfolio of innovative assets and biotechnological solutions, has unveiled a strategic market offering agreement with H.C. Wainwright & Co. LLC. This collaborative effort ...
New York Cannabis Control Board Advances with Adult-Use Licenses and Research Initiatives
NEW YORK- In a pivotal move to advance the state’s cannabis industry, the New York Cannabis Control Board (CCB) approved the first round of adult-use cannabis business licenses and introduced draft rules for home cultivation. ...
South Carolina Advances on Medical Cannabis
LOS ANGELES- In a significant legislative development, South Carolina's Senate has passed the Compassionate Care Act of 2024, propelling the state towards potentially establishing a medical cannabis program. However, this move, marked by stringent regulations, ...
DEA Misses Deadline to Respond to Senators on Cannabis Rescheduling
NEW YORK- In a notable lapse, the Drug Enforcement Administration (DEA) and Attorney General Merrick Garland did not meet the February 12 deadline to answer critical inquiries from a group of 12 U.S. senators concerning ...
Illinois Takes Bold Step Towards Psilocybin Therapy Legalization with the CURE Act
LOS ANGELES- In an ambitious move to address the growing mental health crisis, Illinois State Senator Rachel Ventura has introduced the Compassionate Use and Research of Entheogens (CURE) Act, a legislative proposal aimed at legalizing ...
Clearmind Medicine Inc. Advances Psychedelic Therapeutics with New Patent Applications
NEW YORK– Clearmind Medicine Inc. a biotech firm dedicated to the discovery and development of novel psychedelic-derived therapeutics, has taken significant steps to enhance its intellectual property (IP) portfolio through the submission of three patent ...
Ohio’s Recreational Cannabis Rollout Mired in Political and Legislative Hurdles
NEW YORK- Ohio's journey towards implementing a recreational cannabis program is encountering significant obstacles, as the state grapples with legislative standstills and political disagreements. Despite the recent legalization, the path to operationalizing the program remains ...
New York State Advances Cannabis Market with New Licenses Amid Regulatory Challenges
NEW YORK- In a pivotal move aimed at bolstering the burgeoning adult-use cannabis market in New York, the state’s Cannabis Control Board (CCB) granted approval for 109 business licenses during its latest meeting. This new ...
Filament Health Achieves Milestone with Botanical Psilocybin Export to Israel
LOS ANGELES- In a significant development for psychedelic medicine, Filament Health Corp. (OTCQB: FLHLF) announced it has successfully exported PEX010, its botanical psilocybin drug candidate, to Israel, marking a first for the country. This shipment ...
New Mexico Senate Endorses Study on Therapeutic Use of Psilocybin
LOS ANGELES- In a remarkable show of bipartisan unity, the New Mexico Senate has unanimously passed a non-binding resolution urging the state's Department of Health to consider the potential therapeutic benefits of psilocybin mushrooms. The ...
Virginia Legislators Propose Divergent Paths for Adult-Use Cannabis Sales
LOS ANGELES- In a notable move toward the commercialization of adult-use cannabis, Virginia's legislative bodies are progressing with distinct proposals aimed at kickstarting regulated sales by the upcoming year. This initiative comes after the legalization ...
Israel Probes Canadian Cannabis Imports
NEW YORK- In a significant development within the global cannabis sector, Israel has initiated an investigation into the importation of Canadian medical cannabis. This move comes against a backdrop of allegations suggesting that Canadian firms ...
Montana’s Cannabis Industry Flourishes
LOS ANGELES- In 2023, Montana's cannabis market experienced substantial growth, with sales reaching millions of dollars across various counties, demonstrating the burgeoning business of cannabis in the state. Yellowstone, Gallatin, Missoula, Flathead, and Lewis and ...
Florida Senate Advances Legislation to Ban Delta-8 THC
LOS ANGELES— In a decisive move, the Florida Senate on Tuesday passed legislation aimed at banning delta-8 tetrahydrocannabinol (THC) products while introducing new, stringent regulations on the state's burgeoning hemp industry. This unanimous decision reflects ...
New York Cannabis Control Board Awards 109 New Licenses Amidst Regulatory Debates
NEW YORK — The New York State Cannabis Control Board (CCB) took a significant step forward in the state's cannabis industry development by formally awarding 109 new cannabis business licenses on Friday. This move, unanimous and ...
MindBio Therapeutics Announces Completion of Groundbreaking Phase 2a LSD Microdose Trial
LOS ANGELES- In a significant advancement for psychiatric medicine, MindBio Therapeutics Corp., a pioneering biopharmaceutical company, has announced the successful completion of its Phase 2a clinical trial, marking a pivotal moment in the development of ...
Ukraine Enacts Medical Cannabis Legislation Amidst Ongoing Conflict
KYIV— In a historic move, Ukrainian President Volodymyr Zelensky has officially signed into law legislation that legalizes the use of medical cannabis, marking a significant policy shift in the country. This legislation comes as a ...
Silo Pharma Advances in Ketamine-Based Treatment for Chronic Pain
LOS ANGELES— In a significant stride toward innovative treatment for chronic pain conditions, Silo Pharma, Inc. (Nasdaq: SILO), a biopharmaceutical company in its developmental stage, announced promising developments in its ketamine implant, SP-26. The company, ...
Georgia Seeks $150 Million in Damages in Federal Lawsuit Against Cannabis Brands
NEW YORK- In a significant legal challenge within the cannabis industry, the state of Georgia has initiated a federal lawsuit against prominent California-based cannabis brands STIIIZY and Cookies, along with several other entities. The suit ...
South Carolina Senate Approves Conservative Medical Cannabis Bill
LOS ANGELES- In a pivotal move for medical cannabis legislation, the South Carolina Senate has passed a bill aimed at legalizing medical cannabis for individuals with certain serious health conditions. This decision marks a significant ...
Florida Advances Bill to Restrict Hemp-Derived Cannabinoids
LOS ANGELES- A significant legislative development occurred in Florida on Monday as a House legislative subcommittee moved forward with a bill aimed at regulating psychoactive hemp-derived cannabinoids, including Delta 8 and Delta 10 THC. House ...
U.S. Navy and Air Force Adapt Recruitment Policies to Reflect Societal Changes on Cannabis Use
LOS ANGELES- In a landmark shift reflecting broader societal and legal changes, the U.S. Navy has announced a significant adjustment to its recruitment policies regarding cannabis use. This policy modification, aimed at recruits who initially ...
U.S. Virgin Islands Sets Stage for Adult-Use Cannabis Market
LOS ANGELES- In a significant move for the U.S. Virgin Islands, the territory's Cannabis Board sanctioned a comprehensive set of rules and regulations for the adult-use cannabis sector on Tuesday, marking a pivotal advancement since ...
