Legal Affairs
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Ayr Wellness Faces Drastic Restructuring as Noteholders Take Control
LOS ANGELES – Ayr Wellness Inc., a prominent player in the U.S. Cannabis industry, is set to undergo a seismic restructuring that could mark the end of the company as it exists today. On July ...
Verano Reimagines Cannabis Retail with Bodega-Style Store in Phoenix
PHOENIX – Verano Holdings Corp., a Chicago-based multistate Cannabis operator, introduced a novel retail concept with its "bodega-style" dispensary at the Zen Leaf Phoenix-Cave Creek location. This innovative store offers a new take on the ...
North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market
LOS ANGELES- North Carolina Governor Josh Stein (D) has urged legalization and regulation of adult-use cannabis to address growing public health concerns surrounding the state’s unregulated hemp-derived THC market. In a video posted on X, ...
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Ayr Wellness Faces Drastic Restructuring as Noteholders Take Control
LOS ANGELES – Ayr Wellness Inc., a prominent player in the U.S. Cannabis industry, is set to undergo a seismic restructuring that could mark the end of the company as it exists today. On July ...
Verano Reimagines Cannabis Retail with Bodega-Style Store in Phoenix
PHOENIX – Verano Holdings Corp., a Chicago-based multistate Cannabis operator, introduced a novel retail concept with its "bodega-style" dispensary at the Zen Leaf Phoenix-Cave Creek location. This innovative store offers a new take on the ...
Seizure of Contraband and Unauthorized Items at Donnacona Institution
DONNACONA, QC - On January 15, 2023, as a result of the vigilance of staff members, a package containing contraband and unauthorized items was seized at Donnacona Institution, a federal maximum security institution. The contraband ...
Cannabis Cultivation Software, Glide Operating System Launches
RIVERSIDE, Calif. Grow Glide, the industry leader in vertical, mobile cannabis cultivation solutions, announced the launch of Glide Operating system - software designed to streamline operations, reduce costs and increase revenues in vertical farming operations. ...
Neptune Announces Closing of Debt Financing
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed on a senior secured notes financing for gross ...
Greenway Granted Processing License
KINGSVILLE - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTC: GWAYF), a cultivator of high-quality greenhouse cannabis for the Canadian market, is pleased to announce that it has received a standard processing licence from Health Canada. ...
Organigram Achieves CA$5.3 Million Quarterly Profit
TORONTO--Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), a licensed producer of cannabis, announced its results for the first quarter ended November 30, 2022. “Our first quarter of fiscal 2023 demonstrates the success of our expansion ...
Cilicon Introduces the First Cannabis Disposable Vape Pen – GLIST Bar1 with Reoregin™ Ceramic Heating Technology that Offers an Unprecedentedly Natural Taste and Portable Product Design
CILICON, a technology company in cannabis vaporizers, has introduced its first cannabis disposable vape pen using its latest Reoregin™ ceramic heating technology. The GLIST Bar1 offers individuals and organizations a new and natural vaping experience, ...
Galaxy Treats Launches Line of Psychedelic Amanita Mushroom Gummies
HENDERSON, Nevada–Galaxy Treats, a Nevada-based brand of cannabinoids and active ingredients, has launched its Moon Shrooms Amanita Mushroom Gummies. These psychoactive gummies contain 350mg of amanita mushroom extract in every gummy and come in two ...
Multi-State Cannabis Operator, Schwazze Announces Key Executive Leadership Additions
DENVER, Jan. 11, 2023 Medicine Man Technologies operating as Schwazze, announces changes to its executive leadership team in preparation for its growth initiatives in Colorado and New Mexico. Todd Williams, who has been acting as a Senior Advisor & Consultant for Mergers ...
New Partnership Uses Blockchain to Advance Credibility and Quality in Legal Cannabis, CBD Industries
LAS VEGAS - Covalent CC LLC, a premium supplier of cannabinoids, is thrilled to announce it has entered a partnership with Qredible®, the cannabis industry’s first blockchain-backed digital registry and integrated network of validated and ...
Legal Use of Medicinal Cannabis on the Rise in Australia
MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products, such as CBD oil Australia-wide, although medical marijuana's Australia wide was made ...
Verano Welcomes Connecticut Lieutenant Governor Susan Bysiewicz and Cannabis Customers at Zen Leaf Meriden
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today celebrated the commencement of adult use cannabis sales in Connecticut at the Company’s Zen Leaf Meriden dispensary. The Company welcomed Lieutenant ...
Are You Using a Stable Mono-Silicic Acid in Your Grow?
LOS ANGELES -Global Garden has partnered with Bionova Nutrients to distribute Silution, a Mono-Silicic Acid, that is the most stable and plant-available silica in the world. Stabilized using fulvic acid sourced from the highest quality ...
Grassdoor Workers Join Teamsters
COMMERCE, California- More than 300 drivers and warehouse workers at Grassdoor, a cannabis delivery service, have joined Teamsters Local 630. "This victory is emblematic of the fact that companies in the cannabis industry can be ...
Cannabis Company Tilray May Pivot to Fruit & Veg Cultivation
NEW YORK- After Canadian cannabis company Tilray Brands Inc. TLRY, +1.09% said it had lost money in the second quarter, its stock fell 3.7% in premarket trading on Monday. In contrast to a profit of ...
Jushi Holdings Inc. Announces Leadership Appointments and Management Changes
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced leadership appointments and management changes. These changes include the appointment of Michelle Mosier as the Company’s Chief Financial Officer ...
Tilray Brands Reports Second Quarter Fiscal Year 2023 Financial Results
LEAMINGTON, Ontario and NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today ...
The Parent Company Restructures Jay-Z and Other Partnerships
SAN JOSE- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, today announced that it has entered into modification agreements to restructure the relationship between Roc Nation LLC, SC Branding, LLC and The Parent ...
$23.2+ Billion Worldwide Cannabidiol Market to 2031
Dublin - This report provides strategists, marketers and senior management with the critical information they need to assess the global cannabidiol market. The global cannabidiol market is expected to grow from $5.03 billion in 2021 ...
MAPS Moves Closer to FDA Approval for MDMA for PTSD
NEW YORK- The nonprofit Multidisciplinary Association for Psychedelic Studies’ (MAPS) clinical research program has achieved an important milestone: a successful confirmatory Phase 3 trial of MDMA-assisted therapy for post traumatic stress disorder (PTSD). The clinical ...
Cannabis Beverages Market Size is Predicted to Rise from US$ 1,227.3 Million in 2023 to US$ 5,899.5 Million by 2033
NEWARK, Del - The reception of cannabis beverages is supposed to increment at a CAGR of 17.00% during the estimate time frame. The cannabis beverages market is expected to ascend from US$ 1,227.3 Mn in ...
Government of Colombia Declares Mandatory Insurance Coverage for Medical Cannabis Products
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), announces that the new Colombian Government has included plant-based medical cannabis products (i.e., Khiron products) in the list of mandatory insurance-covered medications starting ...
Aurora Cannabis Announces Sale of Polaris Facility
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced that the Company has closed the sale of its Aurora Polaris facility for gross proceeds ...
Snoop’s Death Row Records Launches Cannabis Brands
LOS ANGELES- Snoop Dogg, who now owns Death Row Records, has announced the launch of a new brand of Death Row Cannabis. A legendary label, Death Row Records, has launched a new cannabis the cannabis ...
Village Farms International Commences Shipping Cannabis to Israel
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced further progress on its international cannabis strategy and commented that the lack of cannabis legislative action by the United States Senate (in direct contrast to ...
Canopy Growth Completes Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis and 420 Investments Ltd. to divest its retail business across ...
