Legal Affairs
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Texas Agriculture Commissioner Advocates for Hemp Restrictions and Medical Cannabis Expansion
LOS ANGELES- Texas Agriculture Commissioner Sid Miller has expressed support for restricting the sale of unregulated hemp-derived THC products while advocating for the expansion of the state's medical cannabis program. In a recent opinion piece, ...
Minnesota Approves Hemp Seed Meal for Laying Hens
LOS ANGELES- The Minnesota Department of Agriculture (MDA) has authorized the use of hemp seed meal in feed for laying hens, positioning Minnesota among the first states to permit this ingredient in poultry diets. Hemp ...
Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators
LOS ANGELES- Vireo Growth Inc. has announced a $75 million equity financing at $0.625 per share, alongside agreements to acquire four single-state cannabis operators for approximately $397 million in all-stock transactions. The acquisitions include Proper ...
Canopy USA Appoints M. Brooks Jorgensen as President
LOS ANGELES- Canopy USA, a subsidiary of Canopy Growth Corporation, has announced the appointment of M. Brooks Jorgensen as its new President. Jorgensen brings over two decades of experience in the wine and spirits industry, ...
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Medical Cannabis Market Set to Reach USD 54.34 Billion and is expected to undergo a CAGR of 22.1% by 2029
MELBOURNE, Australia - "Global Medical Cannabis Market" the new research report added in Data Bridge Market Research's reports database. This Research Report spread across 350 Pages, 220 No of Tables, And 60 No of Figures ...
Tilray Brands, Inc. Reports Record Fiscal Year 2022 Results
NEW YORK and LEAMINGTON, Ontario - 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 ...
Canopy Growth Corporation Announces New Premium Flower Line-up
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a diversified cannabis and cannabinoid-based consumer product company, today announced several new additions to its premium flower portfolio. Perfect for both staycations and weekends ...
StateHouse Holdings Inc., Announces Agreement with IRS to Resolve and Reduce Legacy 280E Federal Tax Obligations Related to Harborside
OAKLAND, Calif. and TORONTO - StateHouse Holdings Inc. (CSE: STHZ) (OTCQX: STHZF), a California-focused, is pleased to announce that it has reached a Partial Payment Installment Agreement (the "Agreement") with the Internal Revenue Service related ...
Verano to Restate Previously Issued Financial Statements
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF, a multi-state cannabis company, announced as a result of internal compensation and tax reviews, certain accounting errors were uncovered and it will be required to restate ...
Industrial Hemp Market to Hit Highest Takings of US$ 3259.5 Million by 2028
PUNE - Global “ Industrial hemp “ Market Report 2022 report supplies thorough estimation to improvement a complete information of the global Industrial hemp market today and its industrial outlook based completely on current and ...
Poll: Vast Majority of Americans Favor Federal Cannabis Legalization
NEW YORK–According to polling data collated by The Economist and YouGov.com, Americans approve a federal requirement legalizing cannabis for adult use nationally by a ratio of more than 2 to 1. Some 45 percent of ...
Global Cannabidiol Oil Market Intelligence Report to 2027
Dublin - The Global Cannabidiol Oil Market is projected to reach USD 3,742.28 million by 2027 from USD 877.66 million in 2021, at a CAGR 27.34% during the forecast period. Market Statistics: The report provides ...
Curaleaf Launches Plant Precision, New Product Line Targeting Specific Health and Wellness Categories
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of Plant Precision, a curated collection of edibles and a topical gel ...
TerrAscend to Delight NJ Shoppers with an Immersive Cookies Experience
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced with Cookies, a globally recognized cannabis and lifestyle brand, the opening of New Jersey's first-ever "Cookies Corner" ...
Neptune Provides Sprout Organics Distribution Update
LAVAL, QC and MONTVALE, N.J. - Today Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, is providing a ...
Global Cannabis Extract Market to Surpass US$ 32,597.2 Million by 2030
Seattle - According to Coherent Market Insights, the global cannabis extract market is estimated to be valued at US$ 9,125.8 million in 2022 and expected to exhibit a CAGR of 17.3 % over the forecast ...
The Valens Company Announces Nomination of Independent Director to Board of Directors
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a leading manufacturer of branded cannabis products, today announced that Ms. Aïda Moudachirou-Rébois, Senior Vice President and Global Chief Marketing Officer at MAC Cosmetics, ...
Tilray Medical Launches Cannabis Education Platform ‘WeCare-MedicalCannabis’ Across Europe
NEUMÜNSTER, Germany - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical ...
Cannabis Seeds Market To Observe Highest CAGR Growth of 18.70 by 2029
NEW YORK - Data Bridge Market research has recently released expansive research titled "Global Cannabis Seeds Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market ...
Canopy Growth Announces Closing of Previously Announced Exchange Transaction
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has closed its previously announced exchange transaction of certain 4.25% unsecured notes due 2023 in order to reduce its debt obligations ...
MariMed Announces Kitchen Expansion in Maryland
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its wholly owned subsidiary, Kind Therapeutics USA, has received approval from the Maryland Medical ...
Clever Leaves Announces First Export to Israeli Partner InterCure
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the first commercial export to Israel of high THC Flower for medical use ...
Small Cannabis Farmers Join Forces to Create a Crypto-Exclusive Cannabis Community
MENDOCINO, Calif. - A group of California cannabis farmers, led by legacy farmer and entrepreneur Justin Calvino, are coming together to build Emerald Road, a crypto-exclusive digital cannabis community. The advanced e-commerce platform will connect ...
Tilray Brands’ CANACA Joins this Year’s Calgary Stampede and Releases ‘Wild West’ Product Lineup
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 ‘Wild West’ ...
Harborside Inc. Changes Name to StateHouse Holdings Inc.
OAKLAND, CALIF., AND TORONTO - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF ), announced that it will complete the previously announced name change to StateHouse Holdings Inc. on July 25, 2022. The Company previously filed articles ...
Analysis: Flower Continues to Dominate US, Canadian Cannabis Markets
SANTA MONICA, CALIFORNIA-According to data from the International Journal of Drug Policy, cannabis users in the United States and Canada prefer marijuana flower to other product formulations. Researchers from the University of Waterloo in Ontario, ...
Vicente Sederberg Receives Top Ranking from Chambers and Partners for Fourth Straight Year
LOS ANGELES–Vicente Sederberg LLP was once again recognized by Chambers and Partners as a top cannabis law practice in the U.S., and five of the firm's partners were individually ranked among the nation's top cannabis attorneys. ...
Avant Brands Reports Financial Revenues for H1 2022
Kelowna, BC – July 13, 2022 – Avant Brands Inc. (TSX: AVNT), a producer of premium handcrafted cannabis products, announced its financial results for the quarter ended May 31, 2022. “Q2 2022 continued Avant’s strong ...
The Valens Company Reports Second Quarter Fiscal 2022 Financial Results
KELOWNA, BC, July 13, 2022 /CNW/ - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its second quarter fiscal year 2022 financial results for the period ...
