Legal Affairs
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 ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
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 ...
The Rise of a New Era of Consumption: Cannabis-Infused Drinks
LOS ANGELES--Cannabis-infused beverages have rapidly gained traction in recent years as a popular alternative to traditional consumption methods such as smoking and vaping. With the increasing legalization of cannabis in the United States and other ...
What You Need to Know Inventory Management and Cost Accounting
LOS ANGELES—Every entrepreneur, CEO and CFO needs to know that effective inventory management and accurate cost accounting are critical to success in the cannabis and psychedelic industries. As businesses navigate a landscape marked by strict ...
Worried About IRS Audits? What You Need to Know
LOS ANGELES– The cannabis and psychedelics industry is undergoing a remarkable transformation, and as we one step into 2025, the outlook is brighter than ever. With increasing legalization, growing consumer acceptance, and a burgeoning market ...
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 ...
San Diego Evaluates Cannabis Business Tax Increase
LOS ANGELES- The San Diego City Council is considering a proposal to raise the tax rate on cannabis businesses from 8% to 10%, aiming to address a projected $258 million budget deficit for the upcoming ...
MindMed Reports 2024 Financial Results and Advances in Clinical Trials
LOS ANGELES- of December 31, 2024, MindMed reported cash and cash equivalents totaling $273.7 million, up from $99.7 million at the end of 2023. This increase is attributed to equity financings totaling approximately $250 million ...
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 ...
Biotechnology Company Purissima Releases Study Findings Related to the Potential Applications and Usage of Cannabichromene (CBC)
SAN FRANCISCO, Sept. 8, 2022 Purissima a technology health and wellness company, announced the completion of two separate ingredient testing programs with two leading contract research organizations. Testing included biological tests on human skin explants ...
Glass House Brands Closes Grover Beach and Lemoore Natural Healing Center Dispensary Acquisitions
LONG BEACH, CA and TORONTO, Sept. 8, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been obtained for Glass House's acquisition of the Natural Healing Center dispensaries located in Grover Beach and Lemoore, California, and that the ...
Ascend Wellness CEO Abner Kurtin Arrested & Charged With Battery in Florida
MIAMI- Abner Kurtin, the CEO of Ascend Wellness (CSE: AAWH), was arrested in Miami-Dade County. He was then charged with violence and freed yesterday after posting a $1,500 bond. A "stay away order" was issued, ...
MJUnpacked Announces Las Vegas Show This Month & Partnership with Clio Cannabis Awards
NEW YORK, May 25, 2022 – MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, has announced its return to Las Vegas on September 28-30, 2022 at the MGM Grand. Additionally, MJ Unpacked ...
Arkansas Medical Cannabis Sales Reach Record $23.7M in August
ARKANSAS, USA — Medical cannabis patients in Arkansas spent $23.27 million in August 2022 at the state's 38 dispensaries, according to the department of health. The ReLeaf Center in Bentonville was the dispensary with the second largest ...
Vertically Integrated Cannabis Company, The Nirvana Group, Expands into New Mexico
ALBUQUERQUE, N.M., Sept. 7, 2022 The Nirvana Group is joining New Mexico's surging licensed cannabis market: The Nirvana Group, premier seed to sale cannabis company founded in Tulsa, OK, will make its debut this fall, ...
San Francisco Decriminalizes Psychedelics & Entheogenic Plants
SAN FRANCISCO–A resolution that decriminalizes psychedelics and other "entheogenic plants" including magic mushrooms (psilocybin), ibogaine, and ayahuasca, which was proposed last month by Supervisors Dean Preston and Hillary Ronen, has been approved. In a stroke ...
Jushi Debuts Cannabis-Infused Chocolates by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced the launch of cannabis-infused chocolates by Tasteology in Massachusetts. The debut of the Company's latest product line, which has ...
Global Cannabis Market to Reach $148.9 Billion by 2031
Portland, OR - According to the report published by Allied Market Research, the global cannabis market generated $25.7 billion in 2021, and is projected to reach $148.9 billion by 2031, growing at a CAGR of ...
Cannabis Community College Announces a New Online Education Platform
LAS VEGAS - Cannabis Community College is pleased to announce the launch of its new online education platform, featuring high-value classes taught by industry experts. Students can take courses and get certified at their leisure ...
Halo Collective and Alpha Blue Ocean Agree to Early Termination of Loan and Convertible Debentures Agreements
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it has entered into a termination agreement mutually agreed with Global Tech Opportunities 6, an investment fund managed by Alpha Blue Ocean, ...
Unity Rd. U.S. Cannabis Franchise Fuels 2022 Growth With New Market Expansion and Pending Transformative Acquisition
PHOENIX, Sept. 7, 2022 - Unity Rd National cannabis dispensary franchise in the U.S., has hit record-breaking milestones in 2022. From a pending acquisition that will expand the brand into the world's second largest cannabis market to ...
SEC, OCS and DOJ Investigate Dan Bilzerian’s Ignite Cannabis Company
TORONTO-Dan Bilzerian is under investigation by investigators from the US and Canadian governments. With more than 30 million followers on Instagram alone, Dan is regarded as the ''King of Instagram,'' but with the latest news, ...
Sproutly Announces Cease Trade Order
VANCOUVER, BC, Sept. 6, 2022 Sproutly Canada, Inc. Sproutly announced today that, the British Columbia Securities Commission has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 – Failure to File ...
The Green Organic Dutchman Closes Sale Of HemPoland Subsidiary
TORONTO, Sept. 6, 2022 The Green Organic Dutchman Holdings Ltd. is pleased to announce that it has closed the sale of its Polish subsidiary, HemPoland sp. Under the terms of a share purchase agreement, TGOD ...
Tilray Initiates Roundtable With German Regulators to Kick-Off Draft Legislation to Legalize Adult-Use Cannabis in Germany
BERLIN - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), global cannabis and consumer packaged goods company, today announced that the Company has initiated a policy roundtable with German regulators on adult-use cannabis legalization in Germany. ...
Global Cannabis Concentrate Market Size Worth $18.5 Billion by 2030 at a 25.04% CAGR
Sandy, United States - Custom Market Insights has published a new research report titled “Cannabis Concentrate Market Size, Trends and Insights By Type (Live Resins, Wax, Oil, Chatter, Vape), By End User (Medical, Recreational Next, ...
Generation Hemp Officially Launches Gas Monkey Spill-Jack Hemp Product Line
DALLAS, Sept. 6, 2022 Generation Hemp, Inc., in collaboration with Richard Rawlings' Gas Monkey Garage, today announced the official launch of its Gas Monkey Spill-Jack consumer goods hemp product line. Gas Monkey Spill-Jack is an ...
Wild Theory Announces Strata Full Spectrum CBD + THC Gummies with 0.3% THC
MADISON, Wisc., Sept. 2, 2022 Wild Theory CBD Co., a family-owned CBD company in Madison, Wisconsin, is thrilled to announce its latest and most potent CBD product: Strata Full Spectrum CBD + THC Gummies. The ...
United States Cannabinoids Market Analysis Report 2022-2030
The U.S. cannabinoids market size is expected to reach USD 60.4 billion by 2030 and is expected to expand at a CAGR of 16.2% Growing awareness regarding the health benefits provided by cannabinoids and the ...
Good Supply Launches New High-Potency Product Drop and Unveils Exclusive Orange Frost Live Resin
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life today announced the expansion of ...
TREES RECEIVES LICENSE TO OPERATE IN BRITISH COLUMBIA, AND COMMENCES WITH CLOSING OF 5-STORE B.C. ASSET ACQUISITION
TORONTO, Sept. 2, 2022 Trees Corporation is pleased to announce that it is now provincially licensed to operate in British Columbia, having received due diligence approval from the British Columbia Liquor and Cannabis Regulation Branch. ...
Curaleaf Annual Meeting of Shareholders Reminder
WAKEFIELD, Mass., Sept. 2, 2022 Curaleaf Holdings, Inc. a provider of consumer products in cannabis, reminds its shareholders that its annual meeting (the "Meeting") will be held on September 8, 2022 at 2:00 p.m. (Eastern ...
Khiron, Launches New Cannabis Products in Europe including Stellar Genetics from California
TORONTO, Sept. 1, 2022 Khiron Life Sciences Corp. Announces its new medical product portfolio in Europe. The new products, which are already being promoted to prescribers, pharmacies, and patients, will be exclusively distributed through Khiron's wholly-owned Pharmadrug Production ...
