Legal Affairs
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders
LOS ANGELES- President Joe Biden has commuted the sentences of approximately 2,500 individuals convicted of nonviolent drug offenses, marking a significant use of executive clemency. This action aims to address past disparities in drug-related sentencing, ...
New York Supreme Court Halts Warrantless Raids on Licensed Hemp Retailers
LOS ANGELES- In a recent decision, New York State Supreme Court Justice Thomas Marcelle issued an injunction against the New York State Cannabis Control Board (CCB), the Office of Cannabis Management (OCM), and the New ...
Indiana Legislators Introduce Cannabis Legalization and Psilocybin Research Bills
LOS ANGELES- Indiana lawmakers have initiated efforts to reform the state's drug policies in the 2025 legislative session, introducing several bills aimed at legalizing cannabis and funding psilocybin research. Cannabis Legalization Proposals Senate Bill 113, ...
Colorado Considers Psilocybin Prescription Legislation
LOS ANGELES- Colorado lawmakers have introduced House Bill 25-1063, a bipartisan proposal that would permit the prescription of crystalline polymorph psilocybin—a synthetic form of the psychedelic compound—contingent upon approval by the U.S. Food and Drug ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Analysis: Cannabis Capital on the Rise: A Resilient Industry Continues To Grow
NEW YORK–Despite persistent regulatory frustrations, wholesale price compression, slowing growth, and historically low stock prices, the cannabis capital markets are showing unexpected strength. According to Viridian Capital Advisors, global cannabis capital raises surged to $2.3 ...
Cannabidiol Market Worth $22.05 Billion by 2030 at CAGR of 16.8%
SAN FRANCISCO - 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 ...
Cannabis Compliance and Risk Management Education
VENTURA, Calif., Sept. 20, 2022 Green Flower is bringing a new, comprehensive Cannabis Compliance and Risk Management Certificate Program to top schools across the country to prepare students to become an in-demand compliance professional within this ...
Cannabis Conference Success Can Be Waiting In The Fringe
NEW YORK– Years sans-conference and you miss the energy to reconnect, session, and hang with peers, so it’s time to jump back in! The revery and positive vibes, seeing old friends, industry peers, the experience ...
Cannabis Conference Success Can Be Waiting In The Fringe
NEW YORK– Years sans-conference and you miss the energy to reconnect, session, and hang with peers, so it’s time to jump back in! The revery and positive vibes, seeing old friends, industry peers, the experience ...
California Governor Newsom Signs Off On Cannabis Laws Including: Interstate Commerce, Employment Protections & Expungement
SACRAMENTO – California's Governor Gavin Newsom today announced that he has signed several measures to strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition. Though the state has ...
Aurora Cannabis Announces Fiscal 2022 Fourth Quarter and Full Year Results
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the fourth quarter and fiscal year ended June ...
Women Report Less Success Reaching Their Goals with Cannabis Products
WASHINGTON - New Frontier Data released ''Cannabis Consumers in America, Part 2: The Purposeful Consumer. '' The second part of a three-part series on cannabis consumers, the report, powered by Jointly data, provides detailed insights ...
Global Cannabis Testing Market to Gain USD 2,669.45 Million at 12.72% CAGR Growth by 2028
WASHINGTON - Vantage Market Research’s recent analysis of the Global Cannabis Testing Market finds that the increasing medical application expedites market growth. In addition, the rising advancement in research on cannabis for medical usage is ...
Handheld Marijuana Vaporizer Market to Reach Value of US$ 15.9 Billion by 2031
WILMINGTON - The global handheld marijuana vaporizer market is prognosticated to reach a value of US$ 15.9 Bn by 2031, according to a research report by Transparency Market Research (TMR). Additionally, the assessment by TMR ...
Skye Bioscience Completes Drug Production for Phase 1 Clinical Study
SAN DIEGO-- Skye Bioscience, Inc. (OTCQB: SKYE), a pharmaceutical company developing a proprietary, synthetic cannabinoid derivative to treat glaucoma, has been advised by its contract manufacturer that it has completed the production of SBI-100 Ophthalmic ...
New Delta 9 Lollipops Are Here – Legal THC Candy Edibles
TAMPA, Fla., Sept. 20, 2022 Mr. Hemp Flower ©, the manufacturer and distributor of high-quality hemp products including CBD flower, CBD oil, and specially formulated CBD, HHC, Delta-8 THC, and Delta-9 THC Gummies, announces the newest additions to its ...
Kiva Sets Industry Precedent with First to Market Donation Program, The Kiva Cares Project, to Provide Essential Cannabis Medicine
OAKLAND, Calif., Sept. 20, 2022 Kiva Confections announced today the official launch of the Kiva Cares Project, a first-of-its-kind corporate commitment and full service donation program that will provide all Out of Spec product and ...
Sana Healthcare set to revolutionise the landscape of UK medical cannabis with new data-backed products
LONDON, Sept. 19, 2022 With the UK medical cannabis market still struggling to reach its full potential, the team at Sana Healthcare has recognised the urgent need to build trust among clinicians and, for the ...
MJ Unpacked Releases Full Speaker Lineup for Las Vegas Show
LAS VEGAS - MJ Unpacked, the first national event created exclusively for cannabis CPG brands, retail executives and accredited investors actively investing in cannabis, announced the speaker lineup and event programming for Sept. 28-30 at ...
Canopy Growth Announces Results of Annual General and Special Shareholder Meeting
SMITHS FALLS, ON, Sept. 19, 2022. Canopy Growth Corporation announced the voting results from its annual general and special meeting of shareholders held on September 15, 2022 (the "Meeting"). A total of 256,426,802 common shares ...
Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma
WAKEFIELD, Mass., Sept. 19, 2022 Curaleaf Holdings, Inc. a provider of consumer products in cannabis, today announced the completion of its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP ...
Managing The Cyclical Nature of The Cannabis Industry for Investors
NEW YORK–Despite the current downturn in cannabis in 2022, the cannabis industry has been flourishing over the last few years. A measure of this is the number of cannabis businesses starting-up has been growing 30% ...
Canada: Most Health Care Providers Unfamiliar with Topics Related to Medical Cannabis
MONTREAL–(NORML) Despite the federal government having legalized patients’ access to marijuana two decades ago, most Canadian health care providers acknowledge that they possess little knowledge about medical cannabis and almost none report having received any ...
Analysis: Adoption of Adult-Use Legalization Associated with Decrease in State-Level Obesity Rates
FARGO, N.D–(NORML) States that license adult-use marijuana sales may experience a decrease in state-level obesity rates, according to data published in the journal Health Economics. Researchers affiliated with North Dakota State University compared obesity rates in Washington state ...
Global CBD Wine Market Is Expected to Reach $112.5 Million by 2031
Portland, OR - According to the report published by Allied Market Research, the global CBD wine market generated $11,100 thousand in 2021, and is estimated to reach $112,458.2 thousand by 2031, witnessing a CAGR of ...
Global Cannabis Beverages Market Report 2022: Market to Reach $2 Billion by 2026
Dublin - Global Cannabis Beverages Market to Reach US$2 Billion by the Year 2026. Amid the COVID-19 crisis, the global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to ...
RIFF Cannabis Brand Launches ‘Drumsticks’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis and consumer packaged goods company, announced that its Canadian cannabis brand, RIFF, launched Drumsticks, a new premium, infused pre-roll with amplified THC potency ...
Report Predicts More Than 100,000 Cannabis Jobs in New York, New Jersey and Connecticut by 2025
SAN DIEGO - CannabizTeam, the cannabis-focused executive search, and staffing firm, today released its 1st Annual Tri-State 2022 Cannabis Industry Salary Guide, a comprehensive report that provides single and multi-state cannabis employers and prospective cannabis ...
54% of Cannabis Users Will Buy Less if Inflation Raises Weed Prices, Survey Finds
TUSTIN, Calif. - A new survey has revealed that if dispensaries raise weed prices to counter inflation, 54% of regular consumers would buy less cannabis. CBD Oracle's survey asked 1,450 Americans in adult-use states about ...
Cannabis Market worth $82.3 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according ...
