Legal Affairs
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
Minnesota Legislature Advances Cannabis Market Framework to Governor
LOS ANGELES- Minnesota lawmakers have passed a comprehensive bill aimed at refining the state's adult-use cannabis program, forwarding it to Governor Tim Walz for approval. The legislation, known as SF 2370, seeks to address regulatory ...
Cannabis in Psychedelic Therapy: Potential and Precautions
LOS ANGELES- The integration of cannabis into psychedelic-assisted psychotherapy is gaining attention as a potential treatment for various mental health conditions, including post-traumatic stress disorder (PTSD), depression, and anxiety. This approach involves administering cannabis in ...
Cybin Partners with Thermo Fisher for U.S. Manufacturing
LOS ANGELES- Cybin Inc. a neuropsychiatry company, has announced a collaboration with Thermo Fisher Scientific to support the Phase 3 clinical supply and potential commercial manufacturing of CYB003, its proprietary deuterated psilocin analog, for the ...
Rubicon Organics Appoints Glen Ibbott as Interim CFO
LOS ANGELES- Rubicon Organics Inc. a Canadian producer of certified organic cannabis products, has appointed Glen Ibbott as Interim Chief Financial Officer, effective May 15, 2025. This leadership change follows the departure of Janis Risbin ...
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
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 ...
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 ...
