Legal Affairs
Cannabis Testing Market Projected to Reach $3.2 Billion by 2030
LOS ANGELES- The global cannabis testing market is projected to experience significant growth, with estimates indicating an increase from $1.26 billion in 2025 to $2.33 billion by 2030, reflecting a compound annual growth rate (CAGR) ...
SNDL to Acquire 32 Cannabis Retail Stores from 1CM Inc.
LOS ANGELES- SNDL Inc. has entered into an agreement to acquire 32 cannabis retail stores from 1CM Inc. for CAD 32.2 million in cash. The stores operate under the Cost Cannabis and T Cannabis banners ...
Dutch Cannabis Growers Support Expansion of State-Regulated Sales Experiment
LOS ANGELES- The Netherlands has initiated an expansion of its state-regulated cannabis sales experiment, involving approximately 80 coffeeshops across 10 municipalities, including cities such as Breda, Arnhem, and Maastricht. This initiative permits these establishments to ...
Minnesota Considers Allowing Liquor Wholesalers to Distribute Low-Potency Hemp Edibles
LOS ANGELES -A bipartisan bill introduced in the Minnesota House of Representatives seeks to permit licensed liquor wholesalers to distribute low-potency hemp edibles. Sponsored by Representatives Zack Stephenson (D) and Nolan West (R), House File ...
New Study Suggests Medical Cannabis Highly Cost-Effective Treatment for PTSD
LOS ANGELES-A recent study highlights the affordability and effectiveness of medical cannabis as a treatment for individuals with moderate post-traumatic stress disorder (PTSD). Conducted by researchers at Leafwell, the study suggests that medical cannabis could ...
Emerging Policies Reshape the Psychedelics Industry
LOS ANGELES- The psychedelics sector is undergoing significant transformations due to evolving regulatory policies and scientific advancements that could redefine their therapeutic applications. A notable development occurred in August 2024 when the U.S. Food and ...
Arizona’s Cannabis Sales Experience Downturn in 2024
LOS ANGELES- In 2024, Arizona's combined medical and adult-use cannabis market saw a decline, with total sales amounting to $1.1 billion, a decrease from the nearly $1.3 billion recorded in both 2022 and 2023. The ...
Cannabis Testing Market Projected to Reach $3.2 Billion by 2030
LOS ANGELES- The global cannabis testing market is projected to experience significant growth, with estimates indicating an increase from $1.26 billion in 2025 to $2.33 billion by 2030, reflecting a compound annual growth rate (CAGR) ...
SNDL to Acquire 32 Cannabis Retail Stores from 1CM Inc.
LOS ANGELES- SNDL Inc. has entered into an agreement to acquire 32 cannabis retail stores from 1CM Inc. for CAD 32.2 million in cash. The stores operate under the Cost Cannabis and T Cannabis banners ...
Dutch Cannabis Growers Support Expansion of State-Regulated Sales Experiment
LOS ANGELES- The Netherlands has initiated an expansion of its state-regulated cannabis sales experiment, involving approximately 80 coffeeshops across 10 municipalities, including cities such as Breda, Arnhem, and Maastricht. This initiative permits these establishments to ...
Syqe Medical to Provide the SyqeAir Technology to Veterans
TEL AVIV, Israel - Syqe Medical, the developer of innovative technologies in the world of medical devices, is pleased to announce the signing of an agreement with the Israeli Ministry of Defence to supply the ...
Global Cannabis Market Revenue Is Expected To Reach $76 Billion By 2027
PALM BEACH, Fla. - The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from ...
Acreage Announces Filing of Proxy Statement with Canopy Growth and Canopy USA
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), announced that it: (i) obtained an interim order of the Supreme Court of British Columbia dated January 18, 2023, as varied on February 13, ...
TerrAscend Appoints Jeroen De Beijer as Chief People and Culture Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Jeroen De Beijer as Chief People and Culture Officer, effective immediately. De Beijer brings more than 20 years ...
Good Supply Cannabis Brand Launches New Product Lineup
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of their best-selling Good Supply cannabis brand portfolio and the launch of their latest flower ...
Legal Marijuana Market Is Expected to Generate USD 80.1 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global legal marijuana market garnered $17.5 billion in 2021, and is estimated to generate $80.1 billion by 2031, manifesting a CAGR of ...
Ayr Wellness Appoints David Goubert to President & CEO
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that Jonathan Sandelman has transitioned to Executive Chair, where he will continue to serve the Company’s Board of Directors, and David Goubert, current President of ...
Uncovering the Mechanisms: How CBD Offers Relief from Epileptic Seizures
NEW YORK. Researchers at NYU Grossman School of Medicine have discovered a new way that cannabidiol (CBD), a substance found in cannabis, reduces seizures in treatment-resistant forms of pediatric epilepsy. Their findings, published in Neuron ...
Cookies Detroit Celebrates Three-Year Anniversary with Launch of Adult-Use Sales
TerrAscend Corp (CSE: TER) (OTCQX: TRSSF) a North American cannabis operator, announced that it has launched adult-use cannabis sales at its Cookies Detroit retail location. Through its subsidiary Gage Cannabis Co., the Company will now ...
Get Ready for the Big Game with Calvin Johnson Jr. aka Megatron
LAS VEGAS - Football's biggest weekend of the year is here and there is no better way to prepare for Sunday than to listen to former NFL standouts and Detroit Lions teammates, 2021 Pro Football ...
Ayr Wellness Announces Agreement to Sell Arizona Assets and Option to Acquire Ohio Dispensary Licenses
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), has signed a Definitive Agreement to sell Blue Camo, LLC, which comprises the Company’s Arizona assets, to AZ Goat, LLC, a group consisting primarily of the ...
Aurora Cannabis Announces Fiscal 2023 Second Quarter Results
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, announced its financial and operational results for the fiscal second quarter ended December 31, 2022. As a ...
The Legal Cannabis Industry Unites in a Class Action Against Major Canadian Banks
QUEBEC - Groupe SGF (Cannabis Legal Advisors and Consultants) announces the launch of a class action lawsuit on behalf of Mr. Gabriel Bélanger (Founder of Origami Extraction Inc.) against the Desjardins Federation, National Bank, Royal ...
Partnered Process Wins as Best CBD Contract Manufacturer
NEW YORK - Partnered Process has been recognized by Retailer News Network as the Best Contract Manufacturer in the market for CBD products. A botanical processor committed to creating exceptional hemp extracts, this award-winning manufacturer ...
Analysis: Canadian LP Canopy Growth Sheds Canadian Assets & Plans Further Layoffs
TORONTO-–Canopy Growth Corporation, a leading Canadian cannabis producer, announced on Thursday its plans to shed assets and reduce its workforce by 800 employees. The company aims to reduce costs and improve its financial performance. In ...
Ways to Consume
The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways to feel ...
Argentina Creates a National Agency for Cannabis
Argentina's cannabis industry has been rapidly growing in recent months, leading the way for other markets. In April 2022, the Ministry of Health issued new rules on medical cannabis, which allowed non-profits to apply for ...
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announces its financial results for the third quarter ended December 31, 2022. Canopy Growth is also announcing significant changes to the Company's Canadian cannabis ...
Global Medical Cannabis Market Report 2023
Dublin - The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 57.4 Billion by 2028, exhibiting a CAGR of 10.34% during 2022-2028. ...
4Front Ventures Corp. Debuts Cannabis Blunt Brand “1988,” Expanding Product Suite
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, broadened its brand portfolio with the launch of 1988, a new line of flavored, tobacco-free blunts that feature the Company's ...
Global Cannabis Products Market Report 2023
New York - The global cannabis products market is expected to grow from $28.0 billion in 2021 to $35.0 billion in 2022 at a compound annual growth rate (CAGR) of 25.0%. The Russia-Ukraine war disrupted ...
Research Study on Minor Cannabinoids for Relaxation and Calmness
ROXBORO, N.C. - Open Book Extracts (OBX), an NSF cGMP and ISO 9001-certified manufacturer of the industry's innovative and quality cannabinoid ingredients and finished products, announced the launch of placebo-controlled trial of minor cannabinoid formulations ...
Australia Legalizes Psilocybin and MDMA Prescriptions for Mental Health
SYDNEY, Australia–It has been an extraordinary week in the world of mental health treatment. The province of British Columbia has recently legalized drugs, and now, in a momentous development, the Australian Federal Government has decided ...
3,000 Cannabis Leaders And Investors To Convene At World’s Largest Cannabis Business And Investment Conference, April 11-12 In Miami Beach
The 16th edition of the Benzinga Cannabis Capital Conference, the world's largest gathering of high-impact decision-makers, founders, and investors in the cannabis industry, is set to take place at the Fontainebleau Miami Beach Hotel on ...
A Mother’s Journey to Save Her Son Through Cannabidiol Therapy
"Mighty Flower: How Cannabis Saved My Son," written by Dr. Annabelle Manalo-Morgan, Ph.D., is now available. Published by Forbes Books, the book is a mix of personal memoir and examination of the growth of medicinal ...
