Legal Affairs
Proposed New York Cannabis Legislation May Introduce Regulatory Challenges
LOS ANGELES- New York State legislators are considering a bill that could modify existing restrictions on intoxicating hemp products, potentially impacting the state's legal cannabis market. The proposed legislation aims to ease limitations on certain ...
Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results
LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
New Jersey Governor Proposes Increase to Cannabis Social Equity Tax
LOS ANGELES- Governor Phil Murphy has proposed raising New Jersey's social equity excise fee on cannabis from $2.50 to $15 per ounce. This proposal aims to generate additional revenue for social service and violence intervention ...
Industrial Hemp Regulation Undergoing Comprehensive Review
LOS ANGELES- The regulatory framework governing industrial hemp is currently under extensive review, aiming to address emerging challenges and align with evolving industry practices. This initiative seeks to refine existing policies to better support the ...
Cannara Biotech Extends BMO Credit Facility and Convertible Debenture to Strengthen Financial Position
LOS ANGELES- Cannara Biotech Inc. has announced the extension and amendment of its existing credit agreement with the Bank of Montreal (BMO) and a convertible debenture with Olymbec Investments Inc. These strategic financial adjustments aim ...
NYC Sheriff Files Lawsuit Against Home Contractors Over Alleged Permit Violations
LOS ANGELES- New York City Sheriff Anthony Miranda, known for his enforcement actions against unlicensed cannabis dispensaries, has initiated a $350,000 lawsuit against home contractors for allegedly failing to secure necessary permits during renovations of ...
Proposed New York Cannabis Legislation May Introduce Regulatory Challenges
LOS ANGELES- New York State legislators are considering a bill that could modify existing restrictions on intoxicating hemp products, potentially impacting the state's legal cannabis market. The proposed legislation aims to ease limitations on certain ...
Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results
LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
Survey Reveals Majority of American Adults Plan to Use or Gift Cannabis This Valentine’s Day
NEW YORK - Move over roses! A different type of “flower” may be taking over Valentine’s Day. Data from a recent online survey conducted by Wired Research found that 3 in 5 (61%) American adults ...
The Blinc Group Launches the AiO Simpl Cannabis Vaping Device
New York, NY - The Blinc Group, Inc., a leading innovator in the cannabis vaporization industry, is proud to announce the launch of its latest product - the All-in-One Simpl. This all-in-one cannabis vaping device ...
Ayr Wellness to Host Second Annual “Changing Legacies”
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced it will host its second iteration of “Changing Legacies,” a multi-state series of clinics to expunge the records of individuals ...
Stirling CBD Reports on Popularity of CBD Supplements in Chiropractic Offices
CARY, N.C., - Both chiropractic care and CBD are becoming more popular with Americans: last year, some 35 million Americans visited a Chiropractic office, while according to a national survey, 26% of Americans used CBD ...
Cannabis Extraction Market: An In-depth Analysis from 2018-2027
Douglas, Isle Of Man - Cannabis extraction and extract have gone through exponential growth in the past decade. After being criminalized for a long time, the world saw and moved towards legalizing cannabis in many ...
Bright Green Issues Statement of Intent on Illegal Short Selling Activities
GRANTS, N.M. - Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, ...
Global Cannabis Testing Market Analysis Report 2023-2030
DUBLIN - Global Cannabis Testing Market to Reach $2.8 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Cannabis Testing estimated at US$1.1 Billion in the year 2022, is projected to reach ...
[2023-2032] Global Cannabidiol Oil Market and Cannabidiol (CBD) Market are Set to Boom
Dubai, UAE - Cannabidiol (CBD) Oil Market Report 2023-2032: As per the recent market research report published by Extrapolate, the global Cannabidiol (CBD) Oil Market to generate a revenue of over USD 6.77 billion by ...
Diversity and Inclusion Issues Still Pose Challenges for Expanding Cannabis Industry
DENVER - As cannabis legalization spreads like wildfire across the United States, the industry continues to struggle with issues of diversity and inclusion. Since 2020 alone, 11 additional states have legalized the plant for recreational ...
Coast Launches Cannabis Vapes with New Flavors
DALLAS - Coast has blasted off into the world of vapes with a perfected smoking technology and intergalactic flavors. The company is excited to announce the launch of new Delta 8 vapes, with a line ...
Acreage Introduces Fast-Acting Gummies to The Botanist Offerings
NEW YORK - Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced the launch of “Fast-Acting Gummies” or “TiME Gummies” under its ...
CBD Gummies Market Size Growth Forecasts at 28.3% of CAGR during 2021 to 2028
New York - According to The Insight Partners, “CBD Gummies Market Size, Share, Growth, Trends and Global Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Sugar-Free and Conventional) and Distribution Channel (Specialty ...
Gold Flora Expands Jetfuel Cannabis Brand in California
COSTA MESA, Calif. - Gold Flora, a single-state cannabis company, announced the launch of the Jetfuel Cannabis brand of products throughout California, beginning with the introduction of strain-specific cured resin cartridges. Jetfuel has gained a ...
TerrAscend Closes on Acquisition of High-Performing Dispensary in Maryland
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced the closing of its previously announced acquisition of Allegany Medical Marijuana Dispensary ("AMMD"), a medical dispensary in Cumberland, Maryland. Under ...
Akerna Corp. Announces Merger with Gryphon Digital Mining and Sale of Software Business to POSaBIT
DENVER - Akerna Corp. (Nasdaq: KERN) today announced it will merge with Gryphon Digital Mining, Inc. in an all-stock deal. Simultaneously with the closing of the merger with Gryphon, Akerna will sell its software business ...
Ayr Wellness Announces Mutual Termination of Proposed Acquisition of Dispensary 33
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the termination of the Company’s previously announced proposed acquisition of the equity interests of Gentle Ventures, LLC d/b/a Dispensary 33, ...
Charlotte’s Web Issues Statement on Hemp CBD Regulation
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., issues the following statement regarding the FDA's January 26th press announcement: Charlotte's Web is encouraged that the Administration has agreed that it is necessary for ...
Curaleaf Announces Launch of Adult-Use Cannabis Sales at Stamford, CT Dispensary
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced that it has been approved by the Connecticut Department of Consumer Protection to commence adult-use sales at ...
Banking Reform for the Cannabis Industry: Don’t Bank On It
As federal legislation stalls, specialty-finance platforms are fueling a cash-starved emerging industry By Andrew J. Kaye Federal banking reform for the compliant cannabis industry is an obvious next step in the evolution of the industry. ...
FDA Concludes that Existing Regulatory Frameworks for Foods and Supplements are Not Appropriate for Cannabidiol
SILVER SPRING, Md. - Given the growing cannabidiol (CBD) products market, the U.S. Food and Drug Administration convened a high-level internal working group to explore potential regulatory pathways for CBD products. Today we are announcing ...
Curaleaf Announces Closure of Operations in California, Colorado and Oregon
NEW YORK - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer cannabis products, announced the proactive closure of the majority of its operations in California, Colorado and Oregon, beginning this month, ...
Cannabidiol (CBD) Edibles Market is poised to Grow at CAGR of 24.80% by 2029
SAN FRANCISCO - Data Bridge Market Research has recently published a Report, titled, "Cannabidiol (CBD) Edibles Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, ...
Industrial Hemp Market to be Worth $16.75 Billion by 2030
FELTON, Calif. - The global industrial hemp market was valued at USD 4.13 billion in the year 2021 and is expected to value at USD 16.75 billion by 2030, projecting a CAGR of 16.8% from ...
The Parent Company Announces Social Equity Ventures’ Brand Success Program
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced four participants in the Company's Social Equity Ventures Brand Success Program. Through the SEV Brand Success Program, ...
Global Medical Marijuana Market Projected to Garner $33,211.7 Million
NEW YORK - Research Dive has added a new report to its offering titled, "Medical Marijuana Market by Application (Pain Management, Muscle spasms, Nausea, Anorexia, Seizures, Others), By Route of Administration (Inhalation, Oral Topical), By ...
