Legal Affairs
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
Michigan Senate Tightens Controls on Intoxicating Hemp Derivatives
LANSING – In a bipartisan push to close regulatory gaps, the Michigan Senate approved a package of bills that would classify most high-potency hemp-derived THC items as Cannabis, folding them into the state's established Cannabis ...
Trulieve Secures $140M in Senior Notes
TALLAHASSEE – Trulieve Cannabis Corp. wrapped up a $140 million private placement of 10.5% senior secured notes, tapping into robust investor appetite to fuel its operational push. The deal, upsized from initial plans, comes just ...
Spain Cabinet Greenlights Medical Cannabis Framework
MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...
Michigan Cannabis Trade Group Challenges New 24% Wholesale Tax in Court
LANSING – Yesterday, hours after Gov. Gretchen Whitmer put her signature on Michigan's latest state budget, the Michigan Cannabis Industry Association moved swiftly to court, filing suit to block a fresh 24% excise tax on ...
NY Cannabis Market Posts Record August Sales, OCM Reports
NEW YORK – New York dispensaries rang up $214.4 million in legal Cannabis sales in August, the highest total since the program's start nearly three years ago, according to the state's Office of Cannabis Management. ...
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Vireo Growth Acquires PharmaCann Colorado Assets
DENVER – Vireo Growth Inc. reached an agreement with PharmaCann Inc. to buy its 17 operational dispensaries and related assets in Colorado for roughly $49 million in company shares, a move that bolsters Vireo's retail ...
Michigan Senate Tightens Controls on Intoxicating Hemp Derivatives
LANSING – In a bipartisan push to close regulatory gaps, the Michigan Senate approved a package of bills that would classify most high-potency hemp-derived THC items as Cannabis, folding them into the state's established Cannabis ...
Trulieve Secures $140M in Senior Notes
TALLAHASSEE – Trulieve Cannabis Corp. wrapped up a $140 million private placement of 10.5% senior secured notes, tapping into robust investor appetite to fuel its operational push. The deal, upsized from initial plans, comes just ...
Texas Cities Vote To Stop Punishment for Cannabis Possession
DALLAS– Five Texas communities had their municipal ballot measures approved by voters, ending local enforcement of minor cannabis infractions. The propositions were approved by voters in the cities of Denton, Killeen, San Marcos, Elgin, and ...
Maryland Becomes 20th State to Legalize Cannabis for Adult Use
ANNAPOLIS–Maryland voters overwhelmingly approved a referendum (Question 4) directing state lawmakers to establish rules and regulations governing the production and sale of cannabis to adults. “Maryland voters have overwhelmingly rejected the failed policy of prohibition ...
Study: Cannabis Use Inversely Associated with Hypertension in HCV Patients
MARSEILLE, FRANCE–According to studies reported in the Journal of Clinical Medicine, HCV (Hepatitis C virus)-infected people who use cannabis are less likely than non-users to experience hypertension or other metabolic abnormalities. In a cohort of ...
Study: Inhaled Cannabis “Safe and Effective” for Treating Chronic Low Back Pain
HAIFA, ISRAEL– According to observational trial data published in the Israeli journal Rambam Maimonides, inhaling cannabis flower with a high THC content safely reduces symptoms of chronic lower back pain in a way that is ...
Analysis: Consumers’ Cannabis Purchasing Patterns Are Determined By Price, Ease of Access
TORONTO –According to statistics published in the Journal of Studies on Alcohol and Drugs, consumers' choices regarding whether to buy cannabis products from the legal market or the unregulated market are most driven by price ...
Study: Adult-Use Legalization Doesn’t Influence Children’s Attitudes Toward Cannabis
BOSTON– According to studies reported in the journal Cannabis and Cannabinoid Research, the adoption of state-level laws legalizing cannabis for adults had little impact on early adolescents' opinions toward its possible hazards. Over a three-year ...
CBD Gummies Market Size is Positioned to be worth US$ 7.27 Bn 2022-32
DUBAI, United Arab Emirates - The global CBD gummies market is set to witness an impressive growth rate of 29% over the projected years of 2022 to 2032. The CBD gummies market size is anticipated ...
Cannabis Remains a Staple at This Year’s Holiday Table
MIAMI - This year it seems cannabis remains essential for Thanksgiving and holiday celebrations even as purse strings tighten among rising inflation rates. Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, and ...
The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices
NEW YORK - Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market ...
Global Cannabis Market Report 2022 to 2027
Dublin - The Global Cannabis Market is estimated to be USD 25.74 Bn in 2022 and is expected to reach USD 87.17 Bn by 2027, growing at a CAGR of 27.63% Market Dynamics Market dynamics ...
Akerna Corp. Announces Intent to Effect Reverse Stock Split
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, today announced that it will effect a 20-for-1 reverse ...
Tilray Brands Acquires Montauk Brewing Company
NEW YORK–Tilray Brands, Inc. (NASDAQ | TSX: TLRY), today announced the acquisition of Montauk Brewing Company. Montauk Brewing is well-known for its beloved product portfolio, premium price point, and distribution across over 6,400 points of ...
Powering Possibilities With Sean ‘Diddy’ Combs
CALGARY, AB, Nov. 2022. Sean "Diddy" Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This ...
Dutchie Founders Ross & Zach Lipson Leave Dutchie
BEND, Oregon–According to a press release, Ross and Zach Lipson, who co-founded the privately held Oregon company, have resigned from their positions of leadership, and the board of directors has selected a new chief executive ...
Medical Cannabis Market Size to Hit USD 33,210.21 Million by 2027 at 18.14% CAGR
New York - Medical Cannabis Market Trends and Insights By Product Type (Solid, Dissolvable/Powders, Oil & Ointment, Creams), Derivative (Cannabidiol, Tetrahydrocannabinol), Route of Administration (Inhalation, Oral, Topical), Application (Pain Management, Neurological Health Management, Mental Health ...
Innovation and technology, pillars of success for PuraVerde Cannabis
What are some of the factors that can help predict if a cannabis company will be successful long term? This is a very hard question to answer nowadays, considering that the US is heading to ...
Akerna Flash Report: Halloween Weekend Cannabis Sales Total $249.6 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, announced that US cannabis shoppers spent a ...
NIHC Urges FDA To Approve Hemp Seed for Animal Feed
WASHINGTON, Nov, 2022 The National Industrial Hemp Council of America (NIHC) President and CEO Patrick Atagi sent a letter today to U.S. Food and Drug Administration Commissioner Robert Califf urging approval of hemp seed as an animal feed ingredient. The letter ...
Industry Disruption One Lipid At A Time? Meet Impact Naturals
It doesn't come very often the opportunity to completely revolutionize and disrupt not one, not two, but at least three industries at the same time, with a simple yet efficacious technology developed by an A ...
Global Cannabis Market Size Expected To Reach $489 Billion By 2027 At A CAGR Of 24.6%
PALM BEACH, Fla. - The legal cannabis business is expected to generate billions of dollars as Investor confidence has grown as more countries legalize cannabis and use rises. According to Emergen Research, a recent study, ...
Seizures of Contraband and Unauthorized Items at the Regional Reception Centre
SAINTE-ANNE-DES-PLAINES, QC - Between October 28 and 30, 2022, as a result of the vigilance of staff members, contraband and unauthorized items were seized at the Regional Reception Centre, a multi-level security federal institution. The ...
Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada
DENVER and LEAMINGTON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in cannabidiol hemp extract wellness products, and Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY), Canadian cannabis consumer packaged goods company, ...
PuraVerde: Maximizing efficiency in Cannabis
For anyone in cannabis, it is very well known that this is one of the most volatile, rapidly evolving industries in America, particularly for investors and operators. The regulatory landscape and the fact that ...
SAFE Banking Act Could Transform the Cannabis Industry as Demand Continues to Climb
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - The remaining months of the lame-duck Congress could be shaping up to be the most wonderful time of the year for the U.S. marijuana industry, although insiders ...
Wonderland: Psychedelic conferences. Presented by Microdose
The psychedelic industry is heating up. Studies on the efficacy of compounds like psilocybin, DMT, and ketamine on a variety of illnesses and chronic mental health conditions continue to ramp up. Start-ups and established biomedical ...
