Legal Affairs
Malta Raises Stock Limits for Cannabis Associations
VALLETTA – Maltese regulators have raised the amounts of Cannabis that non-profit associations can keep on hand, responding to supply challenges faced by the country's Cannabis clubs. The updates, introduced through a legal notice, replace ...
California Cannabis Awards 2026 Opens Submission Window for Its Fifth Edition
SACRAMENTO – Organizers of the California Cannabis Awards have announced they are accepting entries for the 2026 competition. This will be the 5th edition of the state-sanctioned program that recognizes quality across licensed Cannabis products, ...
Prohibition Partners Released Poland Medical Cannabis Market Review
WARSAW – Prohibition Partners has published its Poland Medical Cannabis Market Review 2026, a detailed examination of pharmacy-level sales data through the full year 2025 along with projections for 2026 and 2027. The report, prepared ...
From $700 Million Unicorn to Fire-Sale Exit: What the Eaze–Vireo Deal Says About California Cannabis
LOS ANGELES- When Eaze first burst onto the scene, it was marketed as the “Uber of Cannabis”—a tech-enabled delivery platform that promised to professionalize and scale legal access across California. At its peak, Eaze ...
Arizona Ballot Measure Targets Cannabis Retail Shutdown
PHOENIX – A conservative-backed campaign in Arizona has launched an effort to roll back key elements of the state's adult-use Cannabis program, filing a ballot initiative last month that would shutter licensed dispensaries and end ...
Fluent Offloads Pennsylvania Dispensaries
NEW YORK – Fluent Corp. has finalized the sale of its three Pennsylvania dispensaries to HIVE Holdings Inc. for $12.5 million in cash, marking a deliberate shift toward debt reduction and operational efficiency. The deal ...
Medicare’s CBD Shift Signals Validation—But a Looming Hemp Ban Clouds the Path for Seniors
NEW YORK- For decades, seniors managing chronic pain, inflammation, anxiety, or sleep disruption have relied largely on pharmaceuticals—often with long lists of side effects. That landscape is starting to change. Medicare is preparing to recognize cannabidiol ...
Malta Raises Stock Limits for Cannabis Associations
VALLETTA – Maltese regulators have raised the amounts of Cannabis that non-profit associations can keep on hand, responding to supply challenges faced by the country's Cannabis clubs. The updates, introduced through a legal notice, replace ...
California Cannabis Awards 2026 Opens Submission Window for Its Fifth Edition
SACRAMENTO – Organizers of the California Cannabis Awards have announced they are accepting entries for the 2026 competition. This will be the 5th edition of the state-sanctioned program that recognizes quality across licensed Cannabis products, ...
Prohibition Partners Released Poland Medical Cannabis Market Review
WARSAW – Prohibition Partners has published its Poland Medical Cannabis Market Review 2026, a detailed examination of pharmacy-level sales data through the full year 2025 along with projections for 2026 and 2027. The report, prepared ...
A Groundbreaking Confluence of Music and Cannabis in Illinois
LOS ANGELES– In a groundbreaking development for both the music and cannabis industries, the inaugural Miracle in Mundelein music festival is set to become Illinois' first state-approved cannabis consumption event. Scheduled for September 9-10, the ...
Colorado’s Path to Psychedelic Regulation: Community Listening Sessions Announced
LOS ANGELES-- In a proactive move to foster community engagement and inclusivity, the Colorado Natural Medicine Division has announced a series of "listening sessions" scheduled throughout September and October. These sessions are designed to involve ...
Cannabis Sector Faces Unsettled Future: Key Stock Indices Discontinued Amid Industry Turbulence
LOS ANGELES-- In a telling sign of the shifting tides in the cannabis sector, two prominent indices tracking the performance of cannabis businesses on North America's largest stock exchanges have been discontinued. This development comes ...
South Africa’s SAPS Issues New Directive; A Step Towards Clarifying the Legal Landscape of Personal Cannabis Use
LOS ANGELES-- In a significant move towards clarifying the legal landscape surrounding cannabis use in South Africa, the South African Police Services (SAPS) has recently issued a directive urging its officers to refrain from arresting ...
Alabama’s Medical Cannabis Rollout Faces Delays Amid Licensing Controversies
LOS ANGELES– The path to legal medical cannabis in Alabama, once paved with optimism, has been marred by legal controversies and procedural missteps, leaving patients and businesses in a state of limbo. Last week, officials ...
Week In Review: Curaleaf Uplists; Ohio Senate Passes Bill Expanding Voter-Approved Cannabis Initiative; New York Intensifies Efforts to Combat Illicit Cannabis Shops with Increased Inspections & Seizures; Democratic Governors Urge President Biden to Expedite Cannabis Rescheduling by DEA
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: RIV Capital’s Ambitious Transition to Adult-Use Cannabis Sales in New York;. California and Michigan Boost Social Equity in Cannabis Industry with New Funding Initiatives
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: New York and Missouri’s Contrasting Cannabis Market Progress in 2023; Clearmind Medicine Inc. Announces Reverse Share Split to Comply with Nasdaq; Cybin Inc. Secures $30 Million in Funding to Advance Psychedelic Treatment Research
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Georgia Expands Its Medical Cannabis Industry; Ohio Governor Seeks Amendments to Cannabis Legalization; Maryland Launches Social Equity-Focused Adult-Use Cannabis Licensing; Cybin Inc. Secures $30 Million in Funding
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Ohio Says Yes! To Adult Use; Cannabis Sugar Daddy BAT Doubles Down on Organigram; Could Florida Follow Ohio? Cybin’s Clinical Trial Indicates Promising Results
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Virginia Judge Upholds State Law on Hemp Products; Las Vegas to Welcome New Cannabis Consumption Lounges; Rhode Island Sets New Monthly Record with $7.11M in Adult-Use Cannabis Sales; Kanabo Partners with British Cannabis to Enhance Digital Health Services:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Bipartisan Cannabis Reform Back in Congress; Oregon Cannabis Associations Merge; Cybin Inc. and Small Pharma Join Forces in a Milestone for Sector’s M&A
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Cresco Labs Finalizes Sale of Arizona Ops & Mortgages NY Properties; 4Front Ventures Secures $10 Million Credit Facility; Germany Contemplates Cannabis Legalization
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: U.S. Senate Banking Committee Advances SAFER Banking Act; Arizona’s Cannabis Social Equity Licenses; MediPharm Settles $9 Million Dispute with HEXO Following Tilray’s Acquisition:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: New York Cannabis Licensing Resumes Amid Legal Controversies: Medical Cannabis Push Gains Momentum in Idaho: Cannabis Stocks Show Resurgence Amid Regulatory Optimism:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Benzinga was Buzzing; Senate Banking Committee Advances Cannabis Banking; Detroit’s “Psychedelic Church” Raided by Police Amid Legal Controversies; Congress Considers Bill to Limit Federal Overreach in Psilocybin-Permitting States
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: Curaleaf Employees in Phoenix Stage Strike Demanding Fair Contract Negotiations; Columbia Care Advances Financial Strategy with $25 Million Private Placement; California Moves to Broaden Cannabis Consumer Rights with New Bills: Senate Bill 58 Holds the Potential to Usher in a New Era of Psychedelic Medicine and Policy Reform:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Week In Review: New York Opens Door for MSOs to Enter Adult-Use Market; Verano Challenges Alabama; Maine’s Recreational Cannabis Sector Flourishes
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Green Thumb Industries Initiates Stock Buy-Back Program to Bolster Share Value
LOS ANGELES-- In a bid to amplify the value of its shares, Chicago-based Green Thumb Industries Inc. has unveiled a year-long share repurchase initiative which will potentially see a reacquisition of up to 10.4 million ...
Ensuring Safety in the Cannabis Industry: The Alarming Disparity in Pesticide Residues Between Legal and Illicit Products in Canada
LOS ANGELES-- A recent study published in the Journal of Cannabis Research highlighted alarming levels of pesticides in illegal cannabis samples compared to legal ones in Canada. The researchers scrutinized 36 legal cannabis samples from ...
Illinois Sees Slight Dip in August Cannabis Sales but Maintains Yearly Growth
LOS ANGELES-- In the latest data released, the adult-use cannabis sales in Illinois for the month of August have experienced a minor contraction, falling sequentially to $139.2 million. This marks a slight decrease of 0.6% ...
Biden Administration Initiates Evidence-Based Review of Cannabis Classification
WASHINGTON, D.C.- In a recent press briefing, White House Press Secretary, Karine Jean-Pierre underscored President Joe Biden's longstanding support for the legalization of cannabis for medicinal purposes, signaling a potentially significant shift in the federal ...
Week In Review: Stocks Soar: Biden Administration Initiates Cannabis Scheduling Review; California Says Yes to Psychedelic Medicines; Green Thumb Initiates Stock Buy-Back Program to Bolster Share Value
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets: there’s innovation and progress in full swing in some parts of the country, while in other parts, ...
Phoenix-Based Tilt Holdings Divests Stake in Shinnecock Nation Cannabis Partnership
LOS ANGELES-- In a strategic shift indicative of changing market dynamics, Tilt Holdings, a prominent Phoenix-based cannabis operator, has resolved to sever its ties with a cannabis partnership initiated with the Shinnecock Nation. A mere ...
Otsuka Pharmaceutical Set to Acquire Mindset Pharma in C$80 Million Deal
TORONTO — Mindset Pharma Inc. based in Toronto, is set to be acquired by the Japan-based Otsuka Pharmaceutical Co. via its American subsidiary. This all-cash deal, announced Thursday, is valued at about C$80 million ($59.15 ...
