Legal Affairs
UMiami Hands Over Its 1994 Ibogaine Research to Washington
LOS ANGELES – The University of Miami has donated its original 1994 investigational new drug (IND) application for ibogaine to the federal government, giving Washington direct operational authority over the foundational FDA authorization that made ...
CRB Monitor and NCS Analytics Partner to Bridge the Cannabis Compliance Data Gap
DENVER – Two of the industry's most data-intensive platforms that have long operated on parallel tracks in the Cannabis compliance space announced a formal partnership, combining regulatory licensing records with real-time operational analytics into a ...
Decibel Reports Q2 2026 Financial Results
CALGARY – Decibel Cannabis Co. Inc. reported second-quarter net revenue of $35.6 million for the period ended June 30, 2026, the best three-month result in the company's history. A licensed Canadian Cannabis producer simultaneously raised ...
Yale Budget Lab Outlines Multibillion Dollar Future for Federal Cannabis
NEW HAVEN – The fiscal argument for federal Cannabis legalization now has an academic backbone. Yale University's Budget Lab released a comprehensive revenue analysis mapping out what a federal excise tax on Cannabis could realistically ...
Definium Delivers Positive Phase 3 Data for LSD Candidate in GAD
NEW YORK – Definium Therapeutics Inc. has released topline results from the first of two Phase 3 studies testing its LSD-based candidate DT120 in adults with generalized anxiety disorder (GAD). The findings add to earlier ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – A hostile takeover bid, a Senate hemp vote that reset the enforcement calendar without solving anything, a state tax repeal with constitutional teeth, a dense Q2 earnings wave, and two landmark banking ...
Michigan Lawmakers Push to Repeal 24% Cannabis Tax
LANSING – Less than eight months after Michigan imposed a new wholesale Cannabis tax to shore up its road repair budget, a Republican state lawmaker has introduced legislation to eliminate it entirely. House Bill 6224, ...
UMiami Hands Over Its 1994 Ibogaine Research to Washington
LOS ANGELES – The University of Miami has donated its original 1994 investigational new drug (IND) application for ibogaine to the federal government, giving Washington direct operational authority over the foundational FDA authorization that made ...
CRB Monitor and NCS Analytics Partner to Bridge the Cannabis Compliance Data Gap
DENVER – Two of the industry's most data-intensive platforms that have long operated on parallel tracks in the Cannabis compliance space announced a formal partnership, combining regulatory licensing records with real-time operational analytics into a ...
Decibel Reports Q2 2026 Financial Results
CALGARY – Decibel Cannabis Co. Inc. reported second-quarter net revenue of $35.6 million for the period ended June 30, 2026, the best three-month result in the company's history. A licensed Canadian Cannabis producer simultaneously raised ...
Innocan Pharma Closes Additional Insider Debenture
HERZLIYA-CALGARY – Innocan Pharma Corp. announced that it had completed the closing of an additional secured debenture with its largest shareholder, Tamar Innovest Ltd., for gross proceeds of $200,000. The financing follows the company’s earlier ...
New Mexico Allocates $630K for Medical Psilocybin Treatment Equity Fund
SANTA FE – Gov. Michelle Lujan Grisham signed the state’s annual budget bill, setting aside $630,000 to create the Medical Psilocybin Treatment Equity Fund and extend access to supervised psilocybin therapy for low-income and rural ...
Vireo Growth and MWBE-Led Ace Venture Announce Strategic Partnership
NEW YORK – Vireo Growth Inc. has struck a deal with minority and women-owned business enterprise (MWBE) of Ace Venture of NY to hand over controlling ownership of its long-running medical Cannabis operations in the ...
Why NECANN Boston Is Becoming a Strategic Growth Engine for Cannabis Brands
BOSTON- If you want to understand where the U.S. Cannabis industry is heading next, look east—and more specifically, look at NECANN Boston. Returning April 24–25 at the Hynes Convention Center, the New England Cannabis Convention ...
Minnesota OCM Opens New Window for Hemp Edible Licenses
ST. PAUL – The Minnesota Office of Cannabis Management (OCM) began accepting applications again on April 1 for three types of lower-potency hemp edible (LPHE) business licenses: retailer, manufacturer and wholesaler. OCM Executive Director Eric ...
Stündenglass Partners with Be$os for Culture-Driven Collaboration
LOS ANGELES – Stündenglass, known for its gravity-powered infusion technology, has joined forces with Be$os, a Latino-rooted Cannabis lifestyle brand, centered on shared cultural values and heritage. The alliance pairs Be$os’ focus on Latino identity ...
Global Cannabis Packaging Market Size to Reach $12.8B by 2035, FMI Forecasts
LOS ANGELES – As legalization advances worldwide, Cannabis packaging has become a strategic priority. From rigid, child-resistant designs leading in North America to compliant, sustainable solutions gaining traction in Europe, Asia, and Latin America, this ...
BLAZE Launches Herbie AI Budtender for Cannabis E-Commerce
ANAHEIM – BLAZE, an AI-powered retail technology suite specifically designed for Cannabis dispensaries, delivery services, payments, and e-commerce has introduced Herbie AI Budtender – the virtual assistant providing personalized product guidance to customers shopping online. ...
Curaleaf Extends Automatic Share Disposition Plan
STAMFORD – Curaleaf Holdings Inc. disclosed that Peter Clateman, its Chief Legal Officer, has extended an existing automatic securities disposition plan (ASDP) to handle the exercise of stock options due to expire in July 2027 ...
Cresco Labs Secures Conditional Medical Cannabis License in Texas
AUSTIN – Cresco Labs Inc. announced that the Texas Department of Public Safety had conditionally awarded it a license under the state’s Compassionate Use Program. The vertically integrated permit, covering cultivation, processing and dispensing, applies ...
3WIN Corp Acquires Alchemist Filling Machines
TEMPE - 3WIN Corp., a distributor of CCELL vape hardware and a provider of services to the Cannabis industry, announced it has acquired Alchemist Filling Machines, an Arizona company known for its patent-protected equipment used ...
High Tide Subsidiary Targets Supplier Role in Medicare CBD Pilot
CALGARY – High Tide Inc. has announced that its U.S.-based CBD subsidiary, NuLeaf Naturals, started negotiations with healthcare institutions to supply products for a new federal pilot program that lets certain Medicare beneficiaries receive up ...
Missouri Senate Approves Bill to Ban Intoxicating Hemp Products
JEFFERSON CITY – The Missouri Senate approved the legislation, clearing a measure that would bar the sale of most intoxicating hemp-derived products outside the state’s licensed Cannabis dispensaries. House Bill 2641, known as the Intoxicating ...
NECANN Returns to Boston as East Coast Cannabis Expansion Accelerates
NEW YORK- The East Coast Cannabis market continues to mature—and NECANN is positioning itself right at the center of that growth. On April 24–25, the 12th Annual New England Cannabis Convention returns to the Hynes ...
Latino Cannabis Alliance Forms to Unite Nationwide
JERSEY CITY, NJ — The Latino Cannabis Alliance (LCA) today announced its official launch as a national coalition of U.S.-based Latino cannabis advocacy leaders to meet the growing need for organized Latino representation in the ...
Deutsche Bank AG Initiates Coverage of AtaiBeckley
NEW YORK – Deutsche Bank AG has begun formal research coverage of AtaiBeckley Inc., the Nasdaq-listed biopharmaceutical company created from the merger of atai Life Sciences and Beckley Psytech. David Hoang, a senior equity research ...
Vlasic Labs CBD Products Qualify for CMS Medicare Pilot Program
BLOOMFIELD HILLS – Vlasic Labs announced that its cannabidiol product line meets the qualification standards for a new federal pilot program run by the Centers for Medicare and Medicaid Services. The Michigan company’s hemp-derived offerings ...
The Canadian Workaround: Why U.S. Cannabis Companies May Need a Canadian Entity to Restructure
NEW YORK- Cannabis has produced a workaround that shouldn’t exist—but now does. If you’re a U.S. Cannabis company in distress, you can’t reliably rely on U.S. bankruptcy courts. So an emerging playbook is taking shape: ...
Louisiana Bill Would Tap Opioid Settlement Funds for Psychedelic Therapy Studies
BATON ROUGE – Louisiana lawmakers have advanced legislation that would let the state direct money from opioid lawsuit settlements toward clinical research on psychedelic-assisted therapy. Senate Bill 43, sponsored by Sen. Patrick McMath (R), would ...
India Awards First Public Funding for Cannabis Research in More Than 50 Years
NEW DELHI – The Indian government has awarded public funding to a Cannabis genetics project, the first such grant to a private company since the Narcotic Drugs and Psychotropic Substances Act took effect in 1985. ...
Charlotte’s Web Reaches Deal with BAT Unit to Convert Debt into Equity
LOUISVILLE – Charlotte’s Web Holdings Inc., the Colorado-based maker of CBD hemp extract products, announced it had reached an agreement with a subsidiary of British American Tobacco (BAT) to convert a large convertible debenture into ...
New York Celebrates the Five-Year Anniversary of Cannabis Legalization
ALBANY – Governor Kathy Hochul marked the five-year anniversary of New York’s Cannabis legalization measure, reporting $3.3 billion in total retail sales and more than 600 licensed dispensaries operating statewide. The Marihuana Regulation and Taxation ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The U.S. Cannabis sector has settled into a phase defined by operational discipline rather than continued expansion. While mature markets continue to generate reliable revenues, wholesale price compression and margin erosion have ...
From Survival to Execution: Hall of Flowers Ventura Reflects an Evolving Cannabis Industry
LOS ANGELES- Hall of Flowers Ventura continues to set the standard for what a modern Cannabis industry event should look and feel like—focused, curated, and highly effective. Hall of Flowers Ventura this past March 18 ...
Updated: Europe’s Cannabis Business Events 2026
BERLIN- Europe’s Cannabis market is moving from theory to execution. And the clearest signal is the event calendar. From Berlin to London to Prague, the sequence of events tells a story—not just of geography, but ...
