Legal Affairs
Minnesota Extends Cannabis Business Application Deadline Following System Outage
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has extended the deadline for cannabis business license applications after its online application system experienced an unexpected shutdown. System Outage Details On Friday, March 14, ...
Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions
LOS ANGELES- A kiosk at Brookfield Square Mall in Brookfield, Wisconsin, operated by Waukesha-based Ethereal Gold Dispensary, has garnered attention for selling cannabis and psychedelic mushroom products. The presence of this kiosk has sparked a ...
South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES- The South African Department of Health has implemented new regulations prohibiting the production, sale, and importation of foodstuffs containing components derived from the Cannabis sativa L. plant, including hemp, hemp seed oil, and ...
Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES- Leafly Holdings, Inc, a online cannabis discovery platform, was delisted from the Nasdaq Stock Market on January 17, 2025, after failing to meet the exchange's minimum net income requirement of $500,000 from continuing ...
Pallas Capital Advisors LLC Increases Investment in Tilray Inc.
LOS ANGELES- Pallas Capital Advisors LLC has significantly increased its investment in Tilray Inc, a company in the cannabis industry. According to the firm's latest 13F filing with the Securities and Exchange Commission, Pallas Capital ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Minnesota Extends Cannabis Business Application Deadline Following System Outage
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has extended the deadline for cannabis business license applications after its online application system experienced an unexpected shutdown. System Outage Details On Friday, March 14, ...
Cannabis and Psychedelic Mushroom Kiosk at Brookfield Square Mall Draws Mixed Reactions
LOS ANGELES- A kiosk at Brookfield Square Mall in Brookfield, Wisconsin, operated by Waukesha-based Ethereal Gold Dispensary, has garnered attention for selling cannabis and psychedelic mushroom products. The presence of this kiosk has sparked a ...
South Africa’s Department of Health Enacts Ban on Cannabis and Hemp Food Products
LOS ANGELES- The South African Department of Health has implemented new regulations prohibiting the production, sale, and importation of foodstuffs containing components derived from the Cannabis sativa L. plant, including hemp, hemp seed oil, and ...
CNBX Patent Application “Composition and Method for Treating Cancer with Cannabinoids” Enters National Phase in US and Israel
REHOVOT, Israel and BETHESDA, Md., Oct. 13, 2022 CNBX Pharmaceuticals Inc. announced today that the Company's patent application titled "Composition And Method For Treating Cancer With Cannabinoids" was filed on October 12, 2022 with the US Patent and Trademark Office (USPTO) and ...
LePow Extracts Debuts New Cereal Killaz Chocolate Bars, Premium Edibles Infused with Full-Spectrum RSO
DENVER, Oct. 13, 2022 LePow Extracts is adding a new product to its collection. The Cereal Killaz edibles set features three mini chocolate bars infused with full-spectrum RSO and studded with sweet, crunchy cereal pieces. The ...
The Growth of the Cannabis Market Propels Demand for New Technology to Restrain Misuse
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. The more welcoming perception towards ...
The Valens Company Reports Third Quarter Fiscal 2022 Financial Results
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its third quarter fiscal year 2022 financial results for the period ended August 31, 2022. ...
Curaleaf Relocates Deerfield, IL Dispensary and Opens Doors to Adult-Use Customers
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, announced that it has relocated its Deerfield dispensary to 677 Lake Cook Road, Deerfield, IL 60015, and expanded ...
Global Medical Marijuana Markets Report 2022-2030 Featuring Tilray, Aurora Cannabis, Canopy, Aphria, Maricann & More
DUBLIN - The global medical marijuana market size is expected to reach USD 65.8 billion by 2030 and is expected to expand at a CAGR of 21.6% The major factors attributed to the industry growth are the ...
Open Book Extracts Releases Study Findings Related to the Potential Applications of Serums Containing Tetrahydrocannabivarin (THCV) on Skin Acne
ROXBORO, N.C., Oct. 12, 2022 Open Book Extracts (OBX), an ingredient manufacturer and product development completed its first cosmetic research study, an open-label, randomized, passive-control study examining the impact of topical serums containing Tetrahydrocannabivarin (THCV) on skin ...
TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing
TORONTO, Oct. 12, 2022 TerrAscend Corp. a North American cannabis operator, today announced that its NewJersey and Maryland subsidiaries, TerrAscend NJ, LLC, HMS Hagerstown, LLC, HMS Processing, LLC, and HMS Health, LLC, have closed on ...
VJ Group Launches Cannabis Industry Division, VJ Scientific, and Unveils New Decontamination Machine
CHELMSFORD, Mass., Oct. 12, 2022 VJ Group A global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. ...
Ayr Wellness Appoints David Goubert as President
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that consumer packaged goods and retail industry veteran David Goubert has been appointed President, joining Ayr’s leadership team to oversee the Company’s operational and commercial ...
Cannabidiol (CBD) Vape Juice Market Augmented to Reach USD 71,004.34 Million by 2029
LONDON - This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm's ...
Neptune Wellness Solutions Inc. Closes $6.0 Million Offering
LAVAL, QC, Oct. 11, 2022 Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed the previously announced ...
CanPay Announced as Sole Digital Payments Solution for Seed & Beyond
LITTLETON, Colo., Oct. 11, 2022 A digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software. ...
Fire & Flower Announces U.S. Market Update and Hifyre Technology to be Launched in Colorado
TORONTO, Oct. 11, 2022 Fire & Flower Holdings Corp. a cannabis consumer retail and technology platform announced today updates to its U.S. market entry through its strategic arrangement with Fire & Flower U.S. Holdings Inc. ...
Cannabis Market to Register Growth of USD 168.58 Billion
TORONTO - A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Cannabis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This ...
The Continued Legalization of Cannabis Creates Need for Intoxication Detection Devices
NEW YORK - Sales of Cannabis products are expected to continue to grow as more states and major markets ease accessibility. According to data published by MJBizDaily, the combined U.S. medical and recreational cannabis sales ...
Industrial Hemp Market Size US$ 3 Billion by 2028
PUNE - Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp ...
Velvet Cannabis Opens in Eagle Rock, Bringing Its Upscale Cannabis Retail Experience to Los Angeles
LOS ANGELES, Oct. 7, 2022 Located in Eagle Rock, just off the Highway 134 and Figueroa interchange, Velvet Cannabis quietly opened its doors in late April as the company's cannabis dispensary in Los Angeles. Founded by Matt Morea and Farid Harrison. "We are ...
Left Coast Financial – The Provider of Dispensary Business Banking Solutions for Cannabis Industry
PORTLAND, Ore., Oct. 7, 2022 Founded in 2016 and headquartered in Portland, Oregon, Left Coast Financial Solutions is a neo-bank offering an online payment platform bridging cannabis and banking. As a provider of dispensary business banking solutions for the cannabis ...
Curaleaf Celebrates Opening of Scottsdale, Arizona Dispensary
WAKEFIELD, Mass., Oct. 7, 2022 Curaleaf Holdings, Inc, today announced the opening of its Scottsdale dispensary, located at 16277 N Greenway Hayden Loop, Scottsdale, AZ 85260. Curaleaf Scottsdale is one of its 16 dispensaries in the Grand Canyon State. Located across ...
U.S. Food and Drug Administration Names First Internal Cannabis Advisor
NEW YORK- According to an internal memo from earlier this week that an FDA spokesperson provided to the financial publication, MarketWatch, the U.S. Food and Drug Administration has appointed Norman Birenbaum, the former director of ...
Aurora Cannabis Repurchases US$23 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 $31.3 million (US$23.0 million) principal amount ...
Sanctuary Medicinals Opens Twelfth Location in Florida
APOPKA, Fla., Oct. 6, 2022. Sanctuary Medicinals today announced the opening of its twelfth medical cannabis dispensary in Florida. Located just six miles west of the original Sanctuary Boca Raton opened in July 2022, Sanctuary's second ...
Cannabis Stocks Surge as Biden Overhauls U.S. Cannabis Policy
NEW YORK - Following President Joe Biden's executive decision to change U.S. policy on cannabis, the White House today announced it is pardoning all prior federal offenses for simple cannabis possession. Consequently, shares of cannabis ...
Global Legal Cannabis Market Report 2022-2030
Dublin, Oct 6, 2022: The "Legal Cannabis Market Size, Share & Trends Analysis Report by Source (Marijuana, Hemp), by Derivative (CBD, THC), by End Use (Medical Use, Recreational Use, Industrial Use), by Region, and Segment ...
