Legal Affairs
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
Chairman of High Times Parent Company to Plead Guilty in Fraud Scheme
LOS ANGELES-Adam Levin, chairman of Hightimes Holding Corp., has agreed to plead guilty to conspiracy charges involving a scheme to pay an investment analyst to promote the company’s stock without disclosing the compensation. According to ...
High Tide Acquires Majority Stake in German Cannabis Firm
LOS ANGELES- High Tide Inc., a Canadian cannabis enterprise, has acquired a 51% stake in Frankfurt-based pharmaceutical company Purecan for approximately €4.8 million. This strategic move marks High Tide's entry into Germany's medical cannabis market. ...
DEA Judge Cancels Cannabis Rescheduling Hearings
LOS ANGELES- The Drug Enforcement Administration (DEA) has canceled its upcoming hearings on the proposed rescheduling of cannabis under the Controlled Substances Act. Chief Administrative Law Judge John Mulrooney issued the cancellation following legal challenges ...
Hemp vs Cannabis Beverages: What’s the Difference, and Why Does It Matter?
LOS ANGELES- Cannabis and hemp beverages markets see rapid growth, but their distinctions remain unclear to many. While both originate from one species, they cater to vastly different audiences, serve distinct purposes, and adhere to ...
California Seizes $534 Million in Illegal Cannabis in 2024
LOS ANGELES- In 2024, California enforcement officials seized illegal cannabis valued at approximately $534 million, underscoring the state's commitment to regulating its cannabis industry. Enforcement Actions and Seizures The Unified Cannabis Enforcement Task Force ...
Blueberries Medical Corp. Announces C$1 Million Non-Brokered Private Placement
LOS ANGELES- Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement to raise approximately C$1.05 million (approximately US$740,000). Offering Details Common Shares Issued: ...
TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results
LOS ANGELES- TerrAscend Corp., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. Fourth Quarter 2024 Highlights Net Revenue: $74.4 million, a 0.3% increase from ...
Kiva Announces Distribution Partnership with CherryWorld
OAKLAND, Calif., Sept. 15, 2022 CHERRYWORLD today announced an exclusive partnership with Kiva Sales and Service (KSS), to launch its brand of high quality indoor flower, fashion apparel, and accessories into the California market. "We're thrilled to help bring CHERRYWORLD ...
Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition
LONG BEACH, CA and TORONTO, Sept. 15, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in ...
Catching the Wave: The International Cannabis Opportunity: Oldham Global Project Wave
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
Ovation Science Strengthens IP Protection with New US Patent
VANCOUVER, BC and LAS VEGAS, Sept. 14, 2022 Ovation Science Inc. a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, is pleased to announce that the U.S. Patent and ...
Cannabis Career Institute Offers the Gold Standard in Cannabis Education
NEWHALL, Calif., Sept. 14, 2022 - Founded in 2009, Cannabis Career Institute is a cannabis education institute. Their experienced coaches can help you find a career in the rapidly-growing cannabis industry, whether you're looking to ...
Can We Use CBD to Treat Symptoms Of Autism Spectrum Disorder?
NEW YORK–It's known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, ...
Organic Hemp Market to surpass USD 360 Million by 2030
SELBYVILLE, Del., - The Organic Hemp Market may register a revenue of more than USD 360 million by 2030, according to a new research report by Global Market Insights Inc. The growing awareness about the ...
Industry Veteran Deborah Johnson Takes the Reins at Council for Federal Cannabis Regulation (CFCR)
WASHINGTON, D.C. (October 17, 2022) – Veteran cannabis industry executive and entrepreneurial VC / investment expert Deborah Johnson will take the reins of CFCR as Interim Executive Director as Sarah Chase transitions to a new leadership position. Chase helped guide the ...
Has Mike Tyson’s Cannabis Gummy Brand Been Knocked Out in Canada?
TORONTO–Mike Tyson's cannabis edibles brand Mike Bites, will reportedly not be sold in Quebec or Alberta by Canadian Cannabis LP, Hexo. According to reporting by the journalist Matt Lamers, in MJBiz Daily, two Canadian regional ...
Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026
LOUISVILLE, Colo. - BDSA announced today an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel, and category. The report projects annual global cannabis sales to grow from ...
Item 9 Labs Set To Transform Arizona Marijuana Market With New Line of Infused Pre-Rolls
PHOENIX - Item 9 Labs is adding a new permanent mainstay to its extensive product line-up. Following the success of its limited edition infused half-gram pre-rolls, the brand is launching 1 gram concentrate infused pre-rolls ...
Cannabis Extract Market Size, Share & Trends Analysis Report 2022 – 2030
New York - Reportlinker.com announces the release of the report "Cannabis Extract Market Size, Share & Trends Analysis Report By Product Type, By Extract Type, By Sources, By End Use, By Region And Segment Forecasts, ...
17% of Adults in Recreational Cannabis States Don’t Know Their Rights
WASHINGTON - Today, Statara Solutions released its "Baked Audiences Insights" report, which found that 17% of adults in recreational-use states who have not consumed cannabis products have not done so because they are deterred by ...
The Parent Company Launches FaZe Rain’s RCVRY Cannabis Brand
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced the exclusive launch of RCVRY, a cannabis brand co-founded by Nordan Shat (aka FaZe Rain), Youtube star ...
Cannabis Consumer Spending Tightens, Highlighting Importance of Brand Strength
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes that consumer cannabis spending over ...
GENERATION HEMP REPORTS RECORD ONE MONTH REVENUES
DALLAS, Sept. 13, 2022 Generation Hemp, Inc., a Dallas/Fort Worth based midstream hemp company (OTCQB: GENH), and its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC (collectively the "Company") reported today that its unaudited revenues for the month of July 2022 were approximately $438,000, ...
IM Cannabis Welcomes Two New Members to its Board of Directors
TORONTO and GLIL YAM, Israel, Sept. 13, 2022 IM Cannabis Corp a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, is pleased to announce that Einat Zakariya and Moti Marcus have been appointed to the Company's board of directors. Einat ...
Cannabinoids Market Worth USD 63 Billion by 2030
SELBYVILLE, Del. - The cannabinoids market value is projected to exceed USD 63 billion by 2030, according to a new research report by Global Market Insights Inc. Rise in the prevalence of Parkinson's disease, muscle ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to ...
Believing These 5 Myths About Delta 8 Gummies Will Keep You From Growing
GLENDALE, Calif. - Cannabis products like Delta 8 Gummies often attract a lot of bad attention on the internet. But they are beneficial from a medicinal side, not just for recreational purposes. So, it is ...
Who Are The Main Players In Cannabis NFTs?
NEW YORK– NFTs burst into the public domain in March 2021 as a result of a massive sale by the renowned auctioneer Christie's. Unlike every other work of art sold through Christie's auction house, this ...
Ayr Wellness’ Partner Wins Provisional Cultivation License in Connecticut
MIAMI and HARTFORD, Conn. - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF, a U.S. multi-state cannabis operator, announced that Connecticut Cultivation Solutions, an entity co-owned by Tiana Hercules Esq., a Hartford City Councilwoman, and Ayr, ...
Cannabis Seeds Market to Accrue $6.5 Bn, Globally, by 2031 at 18.4% CAGR: Allied Market Research
PORTLAND, Ore., Sept. 9, 2022 Allied Market Research recently published a report, titled, "Cannabis Seeds Market by Nature (Organic, Conventional), by Type (Feminized seeds, Regular seeds, Autoflowering seeds), by Distribution Channel (Specialty stores, Wholesalers and distributors, ...
How Cannabis Reveals Your Creative Talents
LOS ANGELES–According to scientists, creativity in humans is centered in the brain’s frontal lobe. Cannabis consumption boosts cerebral blood flow (CBF) in this area, making it more active. This type of practice encourages artistic output ...
Storz & Bickel Debuts “with Love, for Peace” Limited-Edition VOLCANO CLASSIC
TUTTLINGEN, Germany, Sept. 8, 2022 -STORZ & BICKEL GmbH a manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy Growth, today unveiled a limited-edition version of its flagship VOLCANO CLASSIC device: the PEACE VOLCANO. Constructed ...
