Legal Affairs
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Israel’s Health Ministry Approves Expansion of Apex Labs’ Phase 2b Psilocybin Trial for PTSD
LOS ANGELES- Apex Labs Ltd. has secured approval from Israel’s Ministry of Health (MoH) and relevant ethics boards to expand its ongoing Phase 2b SUMMIT‑90 clinical trial assessing macrodose psilocybin therapy (APEX‑90) for post-traumatic stress disorder ...
Ohio’s Cannabis Revenue Trends Offer Strategic Guide for Pennsylvania
LOS ANGELES- As Pennsylvania moves closer to legalizing adult-use cannabis, Ohio’s first-year revenue data and regulatory experiences offer critical insights. Since launching sales in August 2024, Ohio has generated approximately $540 million in cannabis revenue ...
Rose Hill Apothecary Completes First Research-Grade Psilocybin Export to Brazil
LOS ANGELES- Rose Hill Apothecary, the research-grade psilocybin arm of Rose Hill Life Sciences, has executed its inaugural international export deal, shipping 18 kilograms of dried psilocybin-containing mushrooms to Biocase Brasil Importação e Comércio de ...
Emerging Programs Aim to Democratize Cannabis Cultivation
LOS ANGELES- Governments, industry groups, and educational institutions are launching a wave of initiatives aimed at lowering barriers to entry in cannabis cultivation and production—efforts collectively referred to as “democratizing cannabis production.” These programs focus ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
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 ...
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 ...
