Legal Affairs
Colombian President Pushing Congress for Swift Action on Full Cannabis Legalization
BOGOTÁ – Colombia's House of Representatives First Committee has passed a bill to legalize adult-use Cannabis, marking an early win for reformers in a country long at the center of global drug policy debates. Sponsored ...
Missouri Activists Gird Up for 2026 Ballot Measure to Unify Hemp and Cannabis Regulations
LOS ANGELES – Missouri Cannabis advocates, led by hemp business owners, plan to submit a ballot initiative in the coming days that would combine regulations for hemp and Cannabis products under a single framework for ...
Australian Cannabis Prices Drop to New Lows, Pressuring Domestic Producers
MELBOURNE – Medicinal Cannabis flower prices in Australia have fallen to a minimum of $3.30 per gram at the patient level, a development that has intensified debates over the viability of the country's homegrown industry. ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
Legal Status of Cannabis in Europe
LOS ANGELES- A growing number of European countries now permit the use, cultivation or sale of cannabis under regulated conditions, driven by evolving public policy and emerging economic opportunity. Germany legalized limited recreational use on ...
New Lawsuit Challenges Lottery Process for Kentucky Medical Cannabis Licenses
LOS ANGELES- A group of Kentucky-based applicants has filed a lawsuit arguing that the state’s lottery system for awarding medical cannabis licenses is unconstitutional and unfairly structured. The suit, filed on June 27 in Jefferson ...
Colombian President Pushing Congress for Swift Action on Full Cannabis Legalization
BOGOTÁ – Colombia's House of Representatives First Committee has passed a bill to legalize adult-use Cannabis, marking an early win for reformers in a country long at the center of global drug policy debates. Sponsored ...
Missouri Activists Gird Up for 2026 Ballot Measure to Unify Hemp and Cannabis Regulations
LOS ANGELES – Missouri Cannabis advocates, led by hemp business owners, plan to submit a ballot initiative in the coming days that would combine regulations for hemp and Cannabis products under a single framework for ...
Australian Cannabis Prices Drop to New Lows, Pressuring Domestic Producers
MELBOURNE – Medicinal Cannabis flower prices in Australia have fallen to a minimum of $3.30 per gram at the patient level, a development that has intensified debates over the viability of the country's homegrown industry. ...
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 ...
The Valens Company Obtains Final Court Order Approving the Proposed Plan of Arrangement With SNDL
KELOWNA, BC- The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, is pleased to announce today that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving ...
Connecticut To Begin Selling Adult-Use Cannabis Next Week
NEW HAVEN–According to the Connecticut Department of Consumer Protection, cannabis sales to adults in Connecticut can start next week. On Tuesday, January 10, no sooner than 10 a.m., or as local zoning permits, licensed hybrid ...
Connecticut Expunges Records of 40,000 Cannabis Law Violators
NEW HAVEN–Yesterday, on January 1, 2023, almost 40,000 citizens of Connecticut with cannabis-related offenses would have their records completely or partially deleted in an act called ‘’The Clean Slate Act.’’ According to the legalizing legislation ...
Top-Selling California Beverage Brand Allows Loyalists to Buy Shares
WALNUT, Calif., Jan. 2, 2023 Uncle Arnie's, California's best-selling high-dose cannabis beverage brand, is revolutionizing the way people consume and enjoy cannabis. The company's mission is to create the world's most approachable, accessible, and iconic cannabis beverages. And now, ...
The Good Shroom Co Discloses Q1 Financial Results, Records Over 16x Revenue Growth Quarter Over Quarter.
MONTREAL, Dec. 28, 2022 The Good Shroom Co Inc. discloses financial results for the first quarter ended October 31, 2022. The Company recorded $822,569 in sales revenue. Over 16X growth quarter over quarter. Gross profit margins were of $181,942. No ...
Cannabis Beverages Market Research Report to 2027
New York - The Global Cannabis Beverages Market size was estimated at USD 541. 42 million in 2021 and expected to reach USD 596. 65 million in 2022, and is projected to grow at a ...
Chemistree Technology Inc.
VANCOUVER, BC, Dec. 23, 2022 Chemistree Technology Inc. Pursuant to the Supplemental Indenture entered into with the Debenture Trustee, Odyssey Trust Company, effective January 17, 2022, the Company will pay the interest due on December 31, 2022 - via ...
Clinical Trial: Cannabis Oil Effective at Improving Sleep in Adults with Insomnia
MELBOURNE–The short-term use of plant-derived cannabis extracts is well-tolerated and effective in patients diagnosed with insomnia, according to placebo-controlled trial data published in the Journal of Sleep Research. Australian researchers assessed the use of a proprietary cannabis oil ...
CBD Skin Care Market to be Worth $8.62 Billion by 2030
SAN FRANCISCO - The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period, according to a new report by Grand View Research, Inc. The awareness ...
MariMed Adds Candy Cane Flavored Vape Pen To Its InHouse Brand Line-up for the Holiday Season
NORWOOD, Mass. - The Holiday Season just got merrier with the addition of a Candy Cane flavored disposable vape pen to the InHouse brand line-up of vapes and gummies launched by MariMed, Inc. (CSE: MRMD) ...
North American Cannabis Market Report 2022-2026
DUBLIN - In the US, adult-use sales are estimated to reach US$18.5 billion in 2022 and grow by 218% to US$58.8 billion by 2026. As adult-use markets grow, they will eat into medical markets. With ...
Cannabis Cultivation Revenue Continues to Climb as Demand & Usage Grows Across North America
PALM BEACH, Fla. - The global cannabis cultivation market has grown significantly during the COVID-19 pandemic. The demand for hemp is rapidly growing, as many developed countries have legalized the cultivation and processing of hemp ...
