Legal Affairs
DOJ Keeps Silent on Cannabis Rescheduling Updates
WASHINGTON – It's been more than 40 days since President Donald Trump signed an executive order calling for the swift rescheduling of Cannabis, yet the Department of Justice (DOJ) remains tight-lipped on any progress. A ...
High Tide Reports Q4 and Full FY 2025 Financial Results
CALGARY – High Tide Inc., the Canadian Cannabis retailer operating the Canna Cabana dispensary chain, released its audited financial results for the fourth quarter and full fiscal year ended October 31, 2025, reporting record revenue ...
Viridian Forecasts Accelerated M&A in Cannabis This Year
LOS ANGELES – Viridian Capital Advisors, a New York-based firm specializing in Cannabis finance and advisory services, has released its Key Insights for the U.S. Cannabis sector in 2026. The firm's analysts forecast a pickup ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
The Intoxicating Hemp Ban Is About to Become Law — and It’s a Pyrrhic Victory for Cannabis
LOS ANGELES- The federal government just erased a $20-billion industry under the guise of “closing a loophole.” But rather than protecting consumers, Washington has dealt a crippling blow to both hemp and legal Cannabis — ...
Senate Spending Package Eyes Hemp THC Crackdown as Shutdown Continues, Trump Backs Restrictions
WASHINGTON – A bipartisan spending package drafted to end the nation's longest government shutdown now includes a provision that would sharply curtail sales of hemp-derived THC products, garnering White House endorsement and fierce opposition from ...
DOJ Keeps Silent on Cannabis Rescheduling Updates
WASHINGTON – It's been more than 40 days since President Donald Trump signed an executive order calling for the swift rescheduling of Cannabis, yet the Department of Justice (DOJ) remains tight-lipped on any progress. A ...
High Tide Reports Q4 and Full FY 2025 Financial Results
CALGARY – High Tide Inc., the Canadian Cannabis retailer operating the Canna Cabana dispensary chain, released its audited financial results for the fourth quarter and full fiscal year ended October 31, 2025, reporting record revenue ...
Viridian Forecasts Accelerated M&A in Cannabis This Year
LOS ANGELES – Viridian Capital Advisors, a New York-based firm specializing in Cannabis finance and advisory services, has released its Key Insights for the U.S. Cannabis sector in 2026. The firm's analysts forecast a pickup ...
Twitter Becomes First Social Media Platform to Allow Cannabis Ads in U.S.A.
SAN FRANCISCO-Twitter has become the first social media platform to permit cannabis companies to market their brands and products in the United States. While other social media platforms such as Facebook, Instagram, and TikTok follow ...
Worldwide Industrial Hemp Market to 2028
DUBLIN - This report provides a complete analysis of Worldwide Industrial Hemp Industry. The Global Industrial Hemp Market will grow to US$ 15.01 Billion in 2028, according to the publisher. Company Analysis Marijuana Company of America Inc. ...
Syqe Medical to Provide the SyqeAir Technology to Veterans
TEL AVIV, Israel - Syqe Medical, the developer of innovative technologies in the world of medical devices, is pleased to announce the signing of an agreement with the Israeli Ministry of Defence to supply the ...
Global Cannabis Market Revenue Is Expected To Reach $76 Billion By 2027
PALM BEACH, Fla. - The cannabis business is one of those atypical industries that actually flourished because of the pandemic. The global worldwide market has significantly grown in all its segments. A recent report from ...
Acreage Announces Filing of Proxy Statement with Canopy Growth and Canopy USA
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), announced that it: (i) obtained an interim order of the Supreme Court of British Columbia dated January 18, 2023, as varied on February 13, ...
TerrAscend Appoints Jeroen De Beijer as Chief People and Culture Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Jeroen De Beijer as Chief People and Culture Officer, effective immediately. De Beijer brings more than 20 years ...
Good Supply Cannabis Brand Launches New Product Lineup
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of their best-selling Good Supply cannabis brand portfolio and the launch of their latest flower ...
Legal Marijuana Market Is Expected to Generate USD 80.1 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global legal marijuana market garnered $17.5 billion in 2021, and is estimated to generate $80.1 billion by 2031, manifesting a CAGR of ...
Ayr Wellness Appoints David Goubert to President & CEO
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), announced that Jonathan Sandelman has transitioned to Executive Chair, where he will continue to serve the Company’s Board of Directors, and David Goubert, current President of ...
Uncovering the Mechanisms: How CBD Offers Relief from Epileptic Seizures
NEW YORK. Researchers at NYU Grossman School of Medicine have discovered a new way that cannabidiol (CBD), a substance found in cannabis, reduces seizures in treatment-resistant forms of pediatric epilepsy. Their findings, published in Neuron ...
Cookies Detroit Celebrates Three-Year Anniversary with Launch of Adult-Use Sales
TerrAscend Corp (CSE: TER) (OTCQX: TRSSF) a North American cannabis operator, announced that it has launched adult-use cannabis sales at its Cookies Detroit retail location. Through its subsidiary Gage Cannabis Co., the Company will now ...
Get Ready for the Big Game with Calvin Johnson Jr. aka Megatron
LAS VEGAS - Football's biggest weekend of the year is here and there is no better way to prepare for Sunday than to listen to former NFL standouts and Detroit Lions teammates, 2021 Pro Football ...
Ayr Wellness Announces Agreement to Sell Arizona Assets and Option to Acquire Ohio Dispensary Licenses
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), has signed a Definitive Agreement to sell Blue Camo, LLC, which comprises the Company’s Arizona assets, to AZ Goat, LLC, a group consisting primarily of the ...
Aurora Cannabis Announces Fiscal 2023 Second Quarter Results
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, announced its financial and operational results for the fiscal second quarter ended December 31, 2022. As a ...
The Legal Cannabis Industry Unites in a Class Action Against Major Canadian Banks
QUEBEC - Groupe SGF (Cannabis Legal Advisors and Consultants) announces the launch of a class action lawsuit on behalf of Mr. Gabriel Bélanger (Founder of Origami Extraction Inc.) against the Desjardins Federation, National Bank, Royal ...
Partnered Process Wins as Best CBD Contract Manufacturer
NEW YORK - Partnered Process has been recognized by Retailer News Network as the Best Contract Manufacturer in the market for CBD products. A botanical processor committed to creating exceptional hemp extracts, this award-winning manufacturer ...
Analysis: Canadian LP Canopy Growth Sheds Canadian Assets & Plans Further Layoffs
TORONTO-–Canopy Growth Corporation, a leading Canadian cannabis producer, announced on Thursday its plans to shed assets and reduce its workforce by 800 employees. The company aims to reduce costs and improve its financial performance. In ...
Ways to Consume
The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways to feel ...
Argentina Creates a National Agency for Cannabis
Argentina's cannabis industry has been rapidly growing in recent months, leading the way for other markets. In April 2022, the Ministry of Health issued new rules on medical cannabis, which allowed non-profits to apply for ...
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announces its financial results for the third quarter ended December 31, 2022. Canopy Growth is also announcing significant changes to the Company's Canadian cannabis ...
Global Medical Cannabis Market Report 2023
Dublin - The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 57.4 Billion by 2028, exhibiting a CAGR of 10.34% during 2022-2028. ...
4Front Ventures Corp. Debuts Cannabis Blunt Brand “1988,” Expanding Product Suite
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, broadened its brand portfolio with the launch of 1988, a new line of flavored, tobacco-free blunts that feature the Company's ...
Global Cannabis Products Market Report 2023
New York - The global cannabis products market is expected to grow from $28.0 billion in 2021 to $35.0 billion in 2022 at a compound annual growth rate (CAGR) of 25.0%. The Russia-Ukraine war disrupted ...
Research Study on Minor Cannabinoids for Relaxation and Calmness
ROXBORO, N.C. - Open Book Extracts (OBX), an NSF cGMP and ISO 9001-certified manufacturer of the industry's innovative and quality cannabinoid ingredients and finished products, announced the launch of placebo-controlled trial of minor cannabinoid formulations ...
Australia Legalizes Psilocybin and MDMA Prescriptions for Mental Health
SYDNEY, Australia–It has been an extraordinary week in the world of mental health treatment. The province of British Columbia has recently legalized drugs, and now, in a momentous development, the Australian Federal Government has decided ...
