Legal Affairs
New York’s Licensing Blunder
NEW YORK – NY’s adult-use cannabis market, now boasting 436 licensed dispensaries [a 93-store increase since late 2024] has hit a snag. The Office of Cannabis Management (OCM) recently acknowledged a critical error in its ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
New York’s Licensing Blunder
NEW YORK – NY’s adult-use cannabis market, now boasting 436 licensed dispensaries [a 93-store increase since late 2024] has hit a snag. The Office of Cannabis Management (OCM) recently acknowledged a critical error in its ...
Massachusetts Psychiatric Society Backs Psilocybin Decriminalization in Historic Move
BOSTON – In a groundbreaking development for psychedelic policy reform, the Massachusetts Psychiatric Society (MPS) has publicly endorsed legislation to decriminalize psilocybin, marking the first time a branch of the American Psychiatric Association (APA) has ...
THC Levels Vary Across Plant Layers, Study Reveals
BRITISH COLUMBIA, CANADA – A landmark study published in Scientific Reports by researchers from Pure Sunfarms Corporation has provided the first in-depth analysis of total THC variability in greenhouse-cultivated Cannabis. The research tackles a critical ...
The Valens Company Granted Additional 180 Calendar Day Grace Period by Nasdaq
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announced today it received an extension of 180 calendar days from the Nasdaq Stock Market LLC to regain compliance ...
CBD Ingredient Market worth $5.89 billion by 2031
JERSEY CITY, N.J. - InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global CBD Ingredient Market By Source(Natural (Marijuana-Based, Hemp Based), Synthetic), By Applications (Food and Beverages, Personal Care ...
Newly Patented ExStax Vape Cartridge Technology Expands Consumer Experience with Mix-and-Match Cannabinoid Blends
PHOENIX, Dec. 13, 2022 Engineered by Stak'd Exstax is a cannabis technology company and developer of stackable vape cartridge design giving consumers the ability to mix, match, and combine cartridges. The easy-to-use patented system is ...
Jushi Holdings Inc. Unveils Cannabis Brand Portfolio in California
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced the launch of a comprehensive product suite in California that includes three brands crafted to meet cannabis ...
Green Thumb Industries Announces Expansion of Executive Leadership Team
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced the appointments of four executive leadership positions and ...
Curaleaf’s Select Brand Expands “The Farmer’s Select” Program In Partnership with Autumn Brands
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer cannabis products, today announced that its third "The Farmer's Select" product collaboration is now available across California in partnership ...
Seizure of Contraband and Unauthorized Items at the Regional Reception Centre
SAINTE-ANNE-DES-PLAINES, QC - On November 30, 2022, as a result of the vigilance of staff members, contraband and unauthorized items were seized at the Regional Reception Centre, a federal multi-level security institution. The contraband and ...
Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share
TORONTO, Dec. 9, 2022 TerrAscend Corp. Today announced it has entered into an arrangement dated December 9, 2022 with Canopy USA, LLC ("Canopy USA") and certain of its subsidiaries to convert CAD$125.5 million in aggregate loans plus accrued interest in exchange for ...
Cannabidiol Market to be Worth $22.05 Billion by 2030
FELTON, Calif. - The global cannabidiol market Valued at $5.18 billion in 2021 and is anticipated to expand at a CAGR of 16.8% from 2022 to 2030. Cannabidiol is the chemical compound extracted from the ...
MediPharm Labs Receives Award for CBD Brand of the Year
BARRIE, ON, Dec. 8, 2022 -MediPharm Labs Corp is pleased to announce the recognition of CBD brand of the year from Kind Magazine, as voted by front line retail staff across Canada. "MediPharm Labs is honoured to ...
Jushi Holdings Inc. Announces Closing of US$69 Million Debt Financing
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, today announced the closing of its previously announced private offering of approximately US$69 million aggregate principal amount of its 12% ...
Cannabis Cultivation Global Market to Reach $235.74 Billion by 2026 from $132.55 Billion in 2022
DUBLIN - The global cannabis cultivation market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The cannabis cultivation market is ...
Curaleaf’s Grassroots Brand and Ganjier Announce First-of-its-Kind Cannabis Education Partnership
WAKEFIELD, Mass., Dec. 7, 2022 Curaleaf Holdings, Inc. today announced a first-of-its-kind cannabis education partnership for its Grassroots brand with Ganjier, the Cannabis Sommelier Certification Program. Similar to the Sommelier's role in the wine industry, the ...
Glass House Brands Announces the Final Closing of the Series B Preferred Stock Offering, Fully Subscribed at $50M
LONG BEACH, CA and TORONTO, Dec. 6, 2022 Glass House Brands Inc. today announced the closing of the third and final tranche of the previously announced non-brokered private placement (the "Offering") of Series B Preferred ...
Trulieve Supports Disabled American Veterans Job Fair Through National Partnership
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) , a cannabis company in the U.S., is proud to support the Disabled American Veterans (DAV) at its RecruitMilitary Job Fair. Held in Atlanta, Ga., ...
Curaleaf’s Grassroots Brand and Ganjier Announce Cannabis Education Partnership
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), announced a first-of-its-kind cannabis education partnership for its Grassroots brand with Ganjier, the Cannabis Sommelier Certification Program. Similar to the Sommelier's role in the wine ...
Cronos Unveils its New CBC Product: Spinach FEELZ™ Day Trip Gummies With THC+CBC
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), a global cannabinoid company, announced the launch of a CBC-focused product, the Spinach FEELZ™ THC+CBC Day Trip Mango Lime gummies, utilizing Ginkgo Bioworks’ platform for organism ...
Good Supply Cannabis Brand Launches ‘Peppermint Phatty’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, announced today the launch of Peppermint Phatty 510 vape, the newest addition to the Good Supply vape ...
Global Industrial Hemp Market Report 2022
Dublin - According to the publisher, the global industrial hemp market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a ...
Trulieve Launches Khalifa Kush Cannabis in Pennsylvania Through Exclusive Partnership with Wiz Khalifa
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced the official launch of Khalifa Kush premium medical marijuana products statewide in all Trulieve Branded Pennsylvania retail locations starting Monday, December 12, 2022. This ...
Biden Signs Law Paving the Way for Cannabis Research
WASHINGTON, D.C.-President Joe Biden signed legislation on Friday that will facilitate cannabis research and promote the creation of pharmaceuticals derived from the plant. Bipartisan advocates for the Medical cannabis and Cannabidiol Research Expansion Act expressed ...
Aurora Cannabis Repurchases ~$103 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc.(NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $102.5 million (US$76.1 million) principal amount of ...
Ayr Wellness Kicks Off “12 Days of Giving,” a $100,000 Holiday Donation Campaign
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, today announced the beginning of its second annual “12 Days of Giving” campaign. The campaign will run through December 16th, 2022, ...
CBD Oil Market to Register 31.50% CAGR by 2031
NEWARK, Del - The global cannabidiol CBD oil market is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.50% annually over the projection period from 2021 to 2031. The global market ...
TerrAscend and Cookies Celebrate the Grand Opening of Cookies Jackson
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, Gage Cannabis Co., opened a new flagship cannabis provisioning center in Jackson, Michigan. Located at 118 ...
