Legal Affairs
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to acquire Eaze Inc. in a stock-based transaction valued at $47 million upfront, marking the company's first push into the competitive California and Florida markets. The ...
Massachusetts Cannabis Rollback Gains Legislative Traction
BOSTON – State election officials have validated more than 78,000 signatures for a measure that would dismantle the commercial side of Massachusetts' recreational Cannabis industry, thrusting the issue back into legislative hands just as the ...
U.S. Cannabis Operators Trail Canadian Counterparts in Valuation Metrics, Tied to Tax Constraints
LOS ANGELES – In the ongoing tug-of-war between regulatory challenges and market potential in the Cannabis sector, a fresh analysis underscores how a longstanding IRS provision continues to weigh on American companies. According to Viridian ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Ohio Governor Enacts Halt on Sales of Hemp-Derived THC Products
COLUMBUS – Ohio Governor Mike DeWine issued an executive order on October 8, 2025, directing retailers to pull intoxicating hemp products from shelves by next Tuesday, marking a sharp intervention in the state's unregulated market ...
Germany’s Cabinet Advanced Restrictions Balancing Access and Control in Medical Cannabis
BERLIN – Germany's federal cabinet cleared a draft bill that would require in-person doctor consultations before issuing medical Cannabis prescriptions and prohibit mail-order shipments, addressing a fourfold jump in imports over the past year. The ...
Vireo Growth Acquires Eaze, Expands into California and Florida
MINNEAPOLIS – Vireo Growth Inc. announced a definitive agreement to acquire Eaze Inc. in a stock-based transaction valued at $47 million upfront, marking the company's first push into the competitive California and Florida markets. The ...
Massachusetts Cannabis Rollback Gains Legislative Traction
BOSTON – State election officials have validated more than 78,000 signatures for a measure that would dismantle the commercial side of Massachusetts' recreational Cannabis industry, thrusting the issue back into legislative hands just as the ...
U.S. Cannabis Operators Trail Canadian Counterparts in Valuation Metrics, Tied to Tax Constraints
LOS ANGELES – In the ongoing tug-of-war between regulatory challenges and market potential in the Cannabis sector, a fresh analysis underscores how a longstanding IRS provision continues to weigh on American companies. According to Viridian ...
Biden Signs Law Paving the Way for Cannabis Research
WASHINGTON, D.C.-President Joe Biden signed legislation on Friday that will facilitate cannabis research and promote the creation of pharmaceuticals derived from the plant. Bipartisan advocates for the Medical cannabis and Cannabidiol Research Expansion Act expressed ...
Aurora Cannabis Repurchases ~$103 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc.(NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $102.5 million (US$76.1 million) principal amount of ...
Ayr Wellness Kicks Off “12 Days of Giving,” a $100,000 Holiday Donation Campaign
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, today announced the beginning of its second annual “12 Days of Giving” campaign. The campaign will run through December 16th, 2022, ...
CBD Oil Market to Register 31.50% CAGR by 2031
NEWARK, Del - The global cannabidiol CBD oil market is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.50% annually over the projection period from 2021 to 2031. The global market ...
TerrAscend and Cookies Celebrate the Grand Opening of Cookies Jackson
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, Gage Cannabis Co., opened a new flagship cannabis provisioning center in Jackson, Michigan. Located at 118 ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of ...
Local Heroes: The Rise of Grupo Flor in Cannabis Retail
SALINAS - Deep in the heart of California, about an hour and a half drive south of San Francisco, is the gorgeous Salinas Valley of Monterey County. Salinas is known as the "Salad Bowl of ...
Numinus Wellness Inc. Reports Q4 2022 and Annual Results
Q4 2022 revenues grew 643% year-over-year to $4.2 million Q4 2022 gross margin grew to 31.5%, generated $1.3 million of gross profit Completed acquisition of Novamind, positioning Numinus as a leading, integrated mental healthcare company providing psychedelic-assisted therapies ...
Poll: Americans Overwhelmingly Support Legalizing Cannabis
WASHINGTON, DC: Eighty-nine percent of Americans say that cannabis should be legal for either medical or adult use, according to nationwide polling compiled by the Pew Research Center. Fifty-nine percent of respondents said that cannabis should ...
Cannabidiol (CBD) API Market to Record Rapid Growth with CAGR of 41.7% by 2030
JERSEY CITY, N.J. - InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global Cannabidiol (CBD) API Market By Product (Full spectrum CBD, Broad-spectrum CBD, CBD isolate, Water Dispersible CBD ...
Patient Demand for Medicinal Cannabis in Australia Continues to Grow
MELBOURNE, Australia - According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products such as CBD oil Australia wide, as the stigma around medical cannabis ...
Study: Cannabis Use Improves Health in Treatment-Resistant Fibromyalgia Patients
HOLON, Israel: Cannabis treatment is associated with quality of life improvements in patients with treatment-resistant fibromyalgia (FM), according to the results of a prospective cohort study published in the journal Pain Practice. Israeli researchers evaluated cannabis’ efficacy in ...
Bill To Legalize Cannabis Presented to Irish Parliament
DUBLIN, Ireland–A bill that would make cannabis use legal for personal use will be presented to the Dáil, the Irish parliament. Representative Gino Kenny of People Before Profit noted that although the bill was supposed ...
Raphael Mechoulam, ‘Father of Cannabis Research,’ Dies at 92
JERUSALEM- Raphael Mechoulam, widely regarded as the father of cannabis research, passed away on September 27th, 2021, at the age of 92. Born in Bulgaria in 1930, Mechoulam was a brilliant Israeli chemist who dedicated ...
Cannaland Defines the Future of WEB3 and the Metaverse Experience for Cannabis Enthusiasts
NASSAU, Bahamas - The next frontier of marketing and brand interaction was revealed by Cannaverse Technologies at the 2022 MJBizCon event in Las Vegas, Nevada, November 14-18. It came in the form of CANNALAND™ a ...
TerrAscend Reduces Outstanding Debt by US$30 Million
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary, WDB Holding MI, Inc. (DE), and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of ...
Cannabis Thanksgiving Holiday Sales See Double-Digit Growth vs 2021
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company delivered data showing that Green Wednesday and Black Friday are on track yet again to become the second- and third-highest grossing sale days ...
Cannabis Cultivation Global Market Report 2022: Featuring Pacific Cannabis Growers
Dublin - The global cannabis cultivation market is expected to grow from $114.66 billion in 2021 to $132.55 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The cannabis cultivation market is ...
Ayr Wellness Begins Adult-Use Sales at Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), begins adult-use sales alongside its established medical sales at its Somerville, MA retail location. Located at 240 Elm St, Somerville, MA 02144, Sira Naturals Somerville is ...
Cannabis Infused Products Market to Perceive Notable Growth of USD 150.51 Billion by 2030
PHOENIX - Data Bridge Market Research completed a qualitative study titled "Cannabis Infused Products Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The most ...
Neptune Revises Revenue Range to US$11.5 -$ 12.5 Million
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) today announced a revision to its previously announced revenue range on November 15, 2022 for the fiscal second quarter 2023 from US$12.5 to $13.5 million to ...
Cannabis Plant Nutrients Market Worth USD 9,45,697.3 Million by 2028
New York - Cannabis Plant Nutrients Market Trends and Insights by Nutrient Type (Macronutrients and Micronutrients), Category (Conventional and Organic), Mode of Application (Drenching, Fertigation and Foliar), and Region (North America, Europe, Asia-Pacific, and Rest ...
Jushi Holdings Inc. Files a Copy of its S-1 Registration Statement in Canada
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that, further to a review by the Ontario Securities Commission of the Company’s continuous disclosure and a subsequent request ...
Can “CB2 Oil” Help Control Blood Sugar?
TORONTO, Nov. 23, 2022 November 2022 marked the 100 anniversary of a truly Canadian innovation: the discovery of insulin. This life-saving hormone can help control blood sugar and prevent the disastrous consequences that set in when blood sugar ...
Global Cannabis Extraction Market Report 2022-2027
Dublin - This report studies the global market for cannabis extraction equipment and services using 2021 as a base year and provides estimates for each year of the forecast period, 2022-2027, with projections for CAGR. ...
