Legal Affairs
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Chinese Gangs Exploit Farm Bill Loophole, Fueling Illicit Cannabis Spread Across the States
LOS ANGELES – Chinese criminal syndicates have seized on a flaw in the 2018 Farm Bill to flood American markets with illegal high-THC Cannabis disguised as legal hemp, creating a shadow economy that rivals major ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
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 ...
GTI Launches Señorita’s Ranch Water, Fusing THC and Texas Flair
LOS ANGELES – Green Thumb Industries (GTI) has introduced Señorita’s Ranch Water flavor, a THC-infused, alcohol-free beverage inspired by the iconic West Texas cocktail. Unveiled on July 27, this crisp drink blends sparkling water, real ...
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Chinese Gangs Exploit Farm Bill Loophole, Fueling Illicit Cannabis Spread Across the States
LOS ANGELES – Chinese criminal syndicates have seized on a flaw in the 2018 Farm Bill to flood American markets with illegal high-THC Cannabis disguised as legal hemp, creating a shadow economy that rivals major ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
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 ...
Global Hemp Based Food Market Report 2022
New York - The global hemp based food market is expected to grow from $4.60 billion in 2021 to $5.01 billion in 2022 at a compound annual growth rate (CAGR) of 8.74%. The Russia-Ukraine war ...
District Court Orders Mexican FDA to Grant Cannabis Authorizations to Xebra
VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC), a cannabis company, is pleased to announce, that further to its press release of December 8, 2022, a District Court judge has ruled ...
How Stirling CBD is Helping a Crossfit Athlete Excel in Her Craft
CARY, N.C. - Athletes commonly deal with body aches and sore muscles. A whopping 74.5% of athletes suffer from some form of consistent pain. Prevalent pain, if left untreated, can lead to chronic pain. More ...
InterCure Announces Exclusive International Partnership Agreement with Brand “Binske”
(NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc), announced that it has entered into a definitive licensing agreement with Praetorian Global, Inc. Pursuant to the Agreement, Praetorian Global, Inc., based in Florida, and the parent ...
Certified Group Announces Investment in Kaycha Labs Knoxville, TN Hemp and CBD Testing Laboratory
SAN ANTONIO, Dec. 19, 2022 Certified Group, American provider of laboratory testing and regulatory consulting services, today announced an investment in the hemp and CBD laboratory testing business of Knoxville, Tennessee-based Kaycha Labs. This move ...
Neptune Reports Fiscal Second Quarter 2023 Financial Results
LAVAL, QC, Dec. 16, 2022 Neptune Wellness Solutions Inc. Today announced its financial and operating results for the three-month period ending September 30, 2022. Neptune recorded second quarter revenue of $12 million driven largely by Sprout, our organic children's food ...
Health Canada Releases New Data on Cannabis Use in Canada
OTTAWA, ON - The Government of Canada collects data to better understand how Canadians view and use cannabis. Through this data, we can better monitor Canada's national framework for controlling the production, distribution, sale and ...
4Front Ventures Expands Island Cannabis Co. Product Offerings in Massachusetts
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer has expanded its Island Cannabis Co. portfolio in Massachusetts, launching multiple new product lines, including new Island Flower varieties, along ...
CBD Skin Care Market Size, Share & Trends Analysis Report and Forecasts, 2023 – 2030
New York - CBD Skin Care Market Growth & Trends The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period. ...
Trulieve Announces Exclusive Partnership in Florida with Connected Cannabis & AlienLabs
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced their partnership with California-based Connected Cannabis and AlienLabs. As part of the announcement, Trulieve is the exclusive provider of Connected Branded products throughout Florida. ...
Hemp-Based Products Market, Registering 24.5% CAGR from 2023 to 2033
Rockville - The worldwide hemp-based products market is projected to reach US$ 1.8 Billion in 2023, registering growth at a CAGR of 24.5% from 2023 to 2033. The use of hemp in numerous products and ...
MariMed Appoints Jon Levine as Interim Chief Executive Officer
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its Board of Directors appointed Jon Levine, MariMed’s President, as Interim Chief Executive ...
North American Cannabis Market Sizing Data 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 ...
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 ...
