Legal Affairs
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
Virginia Officials Advocate for Automatic Sealing of Cannabis Possession Records
LOS ANGELES- Virginia state officials are advocating for legislative measures to automatically seal all criminal records related to simple cannabis possession without the necessity of court orders. The Virginia State Crime Commission (VSCC) has endorsed ...
Analysis: Pennsylvania’s Cannabis Industry: Current Growth and Future Projections
NEW YORK- The cannabis industry in Pennsylvania continues to evolve, with medical cannabis already generating over $1.5 billion in annual sales. Discussions about recreational legalization are intensifying, particularly as the state's budget deficit grows and ...
Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue
LOS ANGELES- Arkansas Governor Sarah Huckabee Sanders has announced plans to allocate tax revenue from medical cannabis sales to fund free school meals across the state. In her State of the State address, Governor Sanders ...
Vireo Growth Completes $81 Million Equity Offering
LOS ANGELES- Vireo Growth Inc., a Minneapolis-based cannabis multistate operator, has successfully concluded an oversubscribed private placement, raising approximately $81 million. Initially targeting $75 million, the company issued 129,536,874 subordinate voting shares at $0.625 per ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
Global Legal Cannabis Market Analysis Report 2022: A $134.4 Billion Industry by 2030, Growing at a CAGR of Over 25%
Dublin - The global legal cannabis market size is expected to reach USD 134.4 billion by 2030 and is expected to expand at a CAGR of 25.3% from 2022 to 2030 The increased legalization across ...
Canadian Centre on Substance Use and Addiction Looks Forward to Federal Cannabis Act Review
OTTAWA - The Canadian Centre on Substance Use and Addiction (CCSA) welcomes the planned federal cannabis review and looks forward to opportunities to contribute evidence on public health, public safety and equity. This evidence is ...
Trulieve Launches Khalifa Kush Cannabis in Florida Through Exclusive Partnership with Wiz Khalifa
TALLAHASSEE, Fla., Sept. 26, 2022 Trulieve Cannabis Corp. a cannabis company in the United States, today announced the official launch of Khalifa Kush premium medical cannabis products in select Florida retail locations this Saturday, October 1. This is an exclusive partnership ...
RIV Capital Reminds Shareholders to Vote FOR its Board Nominees
TORONTO, Sept. 26, 2022 /CNW/ - RIV Capital Inc. an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic markets across the United States, reminds shareholders ...
Unity Rd.’s Chief Franchise Officer to Present at 2022 Springboard Event
PHOENIX, Sept. 22, 2022 Unity Rd, a national cannabis dispensary franchise in the U.S., announced today that it will be representing the cannabis space at the 2022 Springboard Event during a panel discussion on mergers and acquisitions. ...
Leafythings launches Retailer Support Program to help struggling Ontario Cannabis Store businesses.
TORONTO, Sept. 22, 2022 Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling ...
Notiphy Announces Key Leadership Appointments
CHICAGO, Sept. 22, 2022 Notiphy, a cloud-based work execution and intelligence software for the cannabis and manufacturing sectors, announced two key leadership appointments. Notiphy has added Laurie Parfitt as Chief Marketing Officer and Kerry Jordan ...
Halo Collective Completes Acquisition of Premium Indoor Grow and Distribution Hub in Portland, Oregon
TORONTO, Sept. 22, 2022 Halo Collective Inc. today announced, further to its press release dated August 27, 2021, that it has completed the acquisition of all of the substantial assets of three operating entities doing ...
Canada: Nearly One-in-Ten Cannabis Consumers Engage in Home Cultivation
TORONTO– According to statistics from the journal Addictive Behavior Reports, 10% of Canadian cannabis consumers say they grow their own cannabis at home. Prior to and after adult-use marijuana was legalized in 2018, Canadian researchers ...
Analysis: Incidences of Acute Cannabis-Induced Psychosis Are Uncommon
LAUSANNE, SWITZERLAND: According to research published in the journal Translational Psychiatry, acute psychotic episodes are only sporadically brought on by cannabis use in patients who do not already have a psychiatric disorder. A multidisciplinary group ...
Study: Artisanal CBD-Rich Extracts Show Long-Term Efficacy in Children with Epilepsy
TEL AVIV–(NORML) According to findings published in Pediatric Neurology, long-term treatment with plant-derived CBD extracts is effective for children with refractory epilepsy. Israeli researchers evaluated the efficacy and safety of artisanal CBD-rich extracts in a ...
Aurora Cannabis Delisted From Toronto Stock Exchange
TORONTO: According to the most recent quarterly review made public by S&P Dow Jones Indices, Aurora Cannabis, based in Edmonton, Alberta, has been eliminated from the S&P/TSX Composite Index. The main indicator for Canadian firms ...
New York State Regulators Finalize Cannabis Home Cultivation Rules
NEW YORK – Following the implementation of regulations by state officials, qualified patients and their designated caregivers can start growing cannabis at home the following month. The state now permits registered patients and caregivers to ...
Government of Canada Launches Legislative Review of the Cannabis Act
OTTAWA, ON - Today, the Honourable Jean-Yves Duclos, Minister of Health, and the Honourable Carolyn Bennett, Minister of Mental Health and Addictions and Associate Minister of Health, announced the launch of the legislative review of ...
Global Cannabis Extract Market Report 2022: Elimination of the Black Market Through the Legalization of Medical Cannabis Drives Growth
Dublin - The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. according to this report, it is expected to expand at a CAGR of 20.6% over the forecast period. ...
Tilray Medical Receives Approval to Extend Market Authorization in Italy
LEAMINGTON, Ontario and CANTANHEDE, Portugal - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis company inspiring and empowering the worldwide community to live their very best life, today announced that FL Group S.R.L., ...
Ayr Wellness Introduces Cannabis Brand Lost in Translation (LIT) Across Four Additional States
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (“MSO”), announced the launch of Lost in Translation (LIT), a cannabis brand known for sought after genetics and terpene profiles, across four ...
Hemp Fiber Global Market Report 2022
New York - The global hemp fiber market is expected to grow from $5.66 billion in 2021 to $7.91 billion in 2022 at a compound annual growth rate (CAGR) of 39.7%. The hemp fiber market ...
Medical Cannabis Operator INSA Announces Its First Tampa Florida Dispensary
TAMPA, Fla., Sept. 22, 2022 Insa, Inc., an independent, Massachusetts-based medical and adult-use cannabis company opened its first medical cannabis dispensary in Tampa, Florida. Committed to offering the highest-quality and broadest selection of crafted, premium ...
Cannabidiol Market Worth $22.05 Billion by 2030 at CAGR of 16.8%: Grand View Research, Inc.
SAN FRANCISCO, Sept. 21, 2022 The global cannabidiol market size is expected to reach USD 22.05 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 16.8% ...
Glass Pharms announces partners in UK cultivation facility: KUBO to build a state-of-the-art greenhouse
LONDON, Sept. 21, 2022 Having secured up to £26.7M of funding from a FTSE-250 listed investment fund, Glass Pharms, the UK-based medical cannabis cultivation company, are delighted to announce a team of best-of-breed partners to ...
The Green Organic Dutchman launches exciting new products Fall 2022 in British Columbia, Alberta & Ontario
TORONTO, Sept. 21, 2022 The Green Organic Dutchman Holdings Ltd. a sustainable cannabis company, announces new Fall 2022 SKU launches. With record yields and increased growing capacity, the organization will now offer products in additional ...
Revolution Cannabis Continues as the People’s Favorite in Illinois for Third Year in a Row
CHICAGO, Sept. 21, 2022 Revolution Cannabis, a leading Chicago-based, multi-state operator, added to its 14 prior wins, to remain the unrivaled champion of the High Times Illinois Cannabis Cup: People's Choice Edition. Revolution placed in all three flower categories, ...
Global Medicinal Cannabis Market Report 2022: Featuring BOL Pharma, Tilray, Medreleaf, Canopy Growth & Others
Dublin - Medicinal cannabis, also known as medical marijuana, is used either for the treatment of diseases or to improve their symptoms. The two cannabinoids - delta-9-tetrahydrocannabinol (THC) and Cannabidiol (CBD) are used in treatment ...
Clever Leaves Partners With House of Kush for International Expansion
TOCANCIPÁ, Colombia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced a partnership today with U.S. cannabis-branded genetic innovation company, House of Kush, to be ...