Legal Affairs
Bipartisan Poll Signals Growing Momentum for Federal Legalization
LOS ANGELES – A fresh survey of registered voters reveals that a slim majority of Americans now favor legalizing Cannabis at the federal level, with notable crossover appeal among Republicans following President Donald Trump's recent ...
California Allocates $30M in Cannabis Research Grants
SACRAMENTO – California's Department of Cannabis Control has disbursed nearly $30 million to support 22 academic projects examining Cannabis's influence on public health, environmental practices, and the regulated market. The funding, drawn from taxes on ...
Cannabis Market’s Hidden Scale: New Estimates Point to $90B U.S. Potential
LOS ANGELES – Viridian Capital Advisors' latest Chart of the Week dives into recreational Cannabis sales across nine mature markets (Michigan, Montana, Alaska, New Mexico, Massachusetts, Colorado, Oregon, Washington, and Nevada) to gauge true consumer ...
Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood
LOS ANGELES – Glass House Brands Inc. began trading on the Robinhood app this week, opening the door for a broader swath of retail investors to access shares in a vertically integrated multistate Cannabis operator. ...
Cannabis Industry Eyes Quadrupled Growth Through 2033, Research and Markets Reports
LOS ANGELES – A new report from Research and Markets forecasts the global Cannabis market will expand from $39.1 billion in 2024 to $151.72 billion by 2033, reflecting a compound annual growth rate (CAGR) of ...
Curaleaf Secures $100M Revolving Credit Facility
STAMFORD – Curaleaf Holdings Inc. closed an expanded revolving credit agreement with Needham Bank, increasing its borrowing limit to $100 million from $40 million and extending the term to as long as five years. The ...
Planet 13 Expands Florida Footprint
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated Cannabis operator with cultivation, production, and retail operations in four states, launched its latest medical Cannabis outlet in DeLand, Florida. The store, situated in the ...
Bipartisan Poll Signals Growing Momentum for Federal Legalization
LOS ANGELES – A fresh survey of registered voters reveals that a slim majority of Americans now favor legalizing Cannabis at the federal level, with notable crossover appeal among Republicans following President Donald Trump's recent ...
California Allocates $30M in Cannabis Research Grants
SACRAMENTO – California's Department of Cannabis Control has disbursed nearly $30 million to support 22 academic projects examining Cannabis's influence on public health, environmental practices, and the regulated market. The funding, drawn from taxes on ...
Cannabis Market’s Hidden Scale: New Estimates Point to $90B U.S. Potential
LOS ANGELES – Viridian Capital Advisors' latest Chart of the Week dives into recreational Cannabis sales across nine mature markets (Michigan, Montana, Alaska, New Mexico, Massachusetts, Colorado, Oregon, Washington, and Nevada) to gauge true consumer ...
Government of Colombia Declares Mandatory Insurance Coverage for Medical Cannabis Products
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), announces that the new Colombian Government has included plant-based medical cannabis products (i.e., Khiron products) in the list of mandatory insurance-covered medications starting ...
Aurora Cannabis Announces Sale of Polaris Facility
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced that the Company has closed the sale of its Aurora Polaris facility for gross proceeds ...
Snoop’s Death Row Records Launches Cannabis Brands
LOS ANGELES- Snoop Dogg, who now owns Death Row Records, has announced the launch of a new brand of Death Row Cannabis. A legendary label, Death Row Records, has launched a new cannabis the cannabis ...
Village Farms International Commences Shipping Cannabis to Israel
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced further progress on its international cannabis strategy and commented that the lack of cannabis legislative action by the United States Senate (in direct contrast to ...
Canopy Growth Completes Divestiture of Canadian Retail Operations
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis and 420 Investments Ltd. to divest its retail business across ...
The Valens Company Obtains Final Court Order Approving the Proposed Plan of Arrangement With SNDL
KELOWNA, BC- The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, is pleased to announce today that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving ...
Connecticut To Begin Selling Adult-Use Cannabis Next Week
NEW HAVEN–According to the Connecticut Department of Consumer Protection, cannabis sales to adults in Connecticut can start next week. On Tuesday, January 10, no sooner than 10 a.m., or as local zoning permits, licensed hybrid ...
Connecticut Expunges Records of 40,000 Cannabis Law Violators
NEW HAVEN–Yesterday, on January 1, 2023, almost 40,000 citizens of Connecticut with cannabis-related offenses would have their records completely or partially deleted in an act called ‘’The Clean Slate Act.’’ According to the legalizing legislation ...
Top-Selling California Beverage Brand Allows Loyalists to Buy Shares
WALNUT, Calif., Jan. 2, 2023 Uncle Arnie's, California's best-selling high-dose cannabis beverage brand, is revolutionizing the way people consume and enjoy cannabis. The company's mission is to create the world's most approachable, accessible, and iconic cannabis beverages. And now, ...
The Good Shroom Co Discloses Q1 Financial Results, Records Over 16x Revenue Growth Quarter Over Quarter.
MONTREAL, Dec. 28, 2022 The Good Shroom Co Inc. discloses financial results for the first quarter ended October 31, 2022. The Company recorded $822,569 in sales revenue. Over 16X growth quarter over quarter. Gross profit margins were of $181,942. No ...
Cannabis Beverages Market Research Report to 2027
New York - The Global Cannabis Beverages Market size was estimated at USD 541. 42 million in 2021 and expected to reach USD 596. 65 million in 2022, and is projected to grow at a ...
Chemistree Technology Inc.
VANCOUVER, BC, Dec. 23, 2022 Chemistree Technology Inc. Pursuant to the Supplemental Indenture entered into with the Debenture Trustee, Odyssey Trust Company, effective January 17, 2022, the Company will pay the interest due on December 31, 2022 - via ...
Clinical Trial: Cannabis Oil Effective at Improving Sleep in Adults with Insomnia
MELBOURNE–The short-term use of plant-derived cannabis extracts is well-tolerated and effective in patients diagnosed with insomnia, according to placebo-controlled trial data published in the Journal of Sleep Research. Australian researchers assessed the use of a proprietary cannabis oil ...
CBD Skin Care Market to be Worth $8.62 Billion by 2030
SAN FRANCISCO - 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, according to a new report by Grand View Research, Inc. The awareness ...
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 ...
