Consumer Research
California Governor Approves Fast Track for Cannabis and Psychedelics Studies
LOS ANGELES – Governor Gavin Newsom (D) signed Assembly Bill ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Canopy Growth Finalizes Acquisition of Acreage Holdings
LOS ANGELES- Canopy Growth Corporation, a Canadian cannabis company, has completed its acquisition of Acreage Holdings through its U.S. subsidiary, Canopy USA, LLC. This transaction grants Canopy USA full ownership of Acreage Holdings, a multi-state ...
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
Texas Senate Passes Bill to Ban Hemp THC
DALLAS–The Texas Senate has taken a major step toward banning consumable hemp products that contain THC or other intoxicating cannabinoids, a move that could severely impact an $8 billion industry employing approximately 50,000 workers. On ...
Planet 13 Schedules Release of Q4 2024 Financial Results
LOS ANGELES- Planet 13 Holdings Inc. a vertically integrated multi-state cannabis company, has announced that it will release its financial results for the fourth quarter and full year ending December 31, 2024, on March 26, ...
POSaBIT Captures Majority of Cannabis Transactions in Washington State
LOS ANGELES- POSaBIT Systems Corporation a provider of point-of-sale and payments infrastructure in the cannabis industry, now processes over 85% of all cannabis point-of-sale transactions in Washington State. Established in 2015, POSaBIT has expanded ...
Harvest Health & Recreation Inc. Announces Planned Divestiture of Florida License
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the signing of a definitive agreement to divest its Medical Marijuana ...
The Valens Company Announces the Acquisition of Verse Cannabis and Creates Top Tier Canadian Licensed Producer
KELOWNA, BC,- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) a manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, ...
Peak Partners With Boston Beer Company
TECUMSEH, ON - Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), is a developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products announced that the Company has entered ...
Council for Federal Cannabis Regulation Hires Sarah A. Chase as New Executive Director
WASHINGTON, -- Sheri Orlowitz, Founder and President of the Council for Federal Cannabis Regulation (CFCR), announced the appointment of Sarah A. Chase as the organization's first Executive Director. A lifelong champion for mission-driven and social ...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp.
KELOWNA, and VANCOUVER, BC, - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) announced they have entered into an arrangement ...
Canonic Announces Pre-Launch of its First Generation Medical Cannabis Products in Israel
REHOVOT, Israel -- Canonic Ltd. announced today the pre-launch of its first-generation medical cannabis inflorescence products. Canonic's first product line, G-nnovation, is based on cannabis varieties that were selected and developed to express high levels of ...
Passion For the Plant: A Tribute to Frenchy Cannoli
Legendary hash maker and cannabis icon Frenchy Cannoli had a larger-than-life spirit, one that was taken away from this world too soon. The beloved educator, craftsman, and father passed away on July 18th due to ...
What’s Next for Drug Policy Reform and Psychedelics in Colorado?
LOS ANGELES– With an eye towards the 2022 General Elections, the Psychedelic Club of Denver recently hosted a panel of drug policy experts and psychedelic advocates to discuss “Exploring Ways to End the Drug War.” The ...
Understanding the Shifting Trends of State and Federal CBD Laws and Regulations
LOS ANGELES–A recent projection by Graphical Research found the North American cannabidiol market is expected to surpass $61.2 billion in size by 2027. With a growing market and hands-off approach by the Federal Food and Drug Administration, ...
Hollister Biosciences Inc. Announces Appointment of Two New Board Members
VANCOUVER, BC. - Hollister Biosciences Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building ...
Kona Gold Beverage, Inc. Raises $3 Million
MELBOURNE, Fla. -- Kona Gold Beverage, Inc. is pleased to announce it has raised $3 million in capital via a Securities Purchase Agreement with YA II PN, LTD. Kona Gold Beverage will use the proceeds from the capital ...
Harborside Inc. Reports Second Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc., reported today its financial results for the second quarter ending June 30, 2021. The unaudited condensed interim consolidated financial statements for Q2 2021 and corresponding management's discussion and analysis are available ...
The Rise Of Debt Financing In The U.S. Cannabis Markets
EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were ...
High Hemp Expands Portfolio with Launch of CBD Gummies, Tinctures and Natural Paper Cones
ORLANDO, Fla., Aug. 30, 2021 /PRNewswire/ -- High Hemp, organic hemp wraps who are positioned as containing no traces of nicotine, tobacco, or toxic additives, announced the launch of three innovative products, including CBD Gummies, Natural Paper Cones ...
Fiore Cannabis Announces Second Quarter 2021 Financial Results
Kelowna, British Columbia and Las Vegas, Nevada-- Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) , a licensed multi-state cannabis cultivator, producer and retailer, today announced its second quarter 2021 financial results, which support the Company's ...
Grenco Science Announces the Launch of the G Pen Micro+
LOS ANGELES-- Grenco Science a cannabis vaporization technology company, today announces the launch of the G Pen Micro+, a smart-chip enabled vaporizer engineered to heat any concentrates to a custom level for the on-the-go ...
Eybna Announces Q3 Partnerships
LONG BEACH, Calif.-- Eybna, a pioneering technology company and terpene manufacturer, is proud to announce new partnerships with cannabis brands: Spherex and Orchid Essentials, the award-winning cannabis brand from Orchid Ventures, Inc. (CSE: ORCD OTC: ORVRF). The legacy brands ...
KushCo And GreenLane Shareholders Approve Merger
CYPRESS, CA –KushCo Holdings, Inc. (OTCQX:KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries, today announced that its stockholders overwhelmingly voted to approve the merger agreement with Greenlane ...
A LIFE IN A DAY: Emily Hackman: Cannabis Business Licensing Specialist
EMILY HACKMAN joined Vicente Sederberg in 2017 and is a Licensing Specialist on Vicente Sederberg's California licensing team, managing licensing and land-use projects for operators obtaining both local and state licenses. Emily also assists with ...
Jane Technologies, Inc. Raises $100M in Series C Funding
SANTA CRUZ–Jane Technologies, Inc. , an e-commerce online cannabis marketplace, announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham ...
DEEP DIVE: Latest Updates On The Hemp Market In The U.S.A.
SAN FRANCISCO–The following are updates from both the federal, state and local level regarding developments in the HEMP market. Here we look at the key changes in the market for Hemp and the incoming legislation ...
Australis Reports Q4 and Financial Year 2021 Results
LAS VEGAS–Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) and doing business as AUDACIOUS, today announced its financials and management discussion and analysis for the fourth quarter and full year fiscal 2021, the period ending March ...
Top Strike Announces 2021 Fourth Quarter Financial Results, 2021 Annual Financial Results
CALGARY, AB–Top Strike Resources Corp. d.b.a. "Vencanna Ventures" (CSE: VENI) (OTCQB: TPPRF) announced its financial results as of April 30, 2021. Financial Highlights The following financial data is selected information for the Company for the ...
American Green Wins 5 Year Cannabis Grow Management Contract from Curaleaf
PHOENIX-- Today, American Green, Inc. (ERBB:OTC) announced that it has a new management services agreement with Curaleaf's two cultivation facilities in Arizona. Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is an international provider of ...
Redbone Introduces CBD Products for Working Dogs & Canine Athletes
JUPITER, Fla.--Redbone Introduces CBD Products for Working Dogs & Canine Athlete CBD for Dogs Made With High Quality Ingredients It's from this place of deep respect for our animals that Redbone Nutrition was born. Our ...
