Legal Affairs
Massachusetts Tops $9 Billion in Cannabis Sales, Eyes Cultivation License Freeze
BOSTON – Massachusetts adult-use Cannabis retailers have surpassed $9 billion in gross sales since the market launched in late 2018, according to the state's Cannabis Control Commission. The milestone was reached on February 4, driven ...
What Does Cannabis 3.0 Actually Mean?
LOS ANGELES- If Cannabis 1.0 was legalization and survival, and Cannabis 2.0 was scale and brand proliferation, Cannabis 3.0 is something far more structural. It is the shift from product velocity to process discipline. From ...
Organigram Strikes Deal to Acquire Sanity Group
TORONTO-BERLIN – Organigram Global Inc. has signed a definitive agreement to purchase the remaining shares of Berlin-based Sanity Group GmbH that it does not already hold. The transaction builds on Organigram's earlier minority stake and ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated ...
Psychedelics Advance in Federal Arena as Trials and Policies Align
LOS ANGELES – Federal health officials under the Trump administration have begun to signal stronger backing for psychedelic therapies, setting the stage for possible FDA approvals of MDMA and psilocybin treatments within the next 18 ...
RESPECT: House Lawmakers Introduce Cannabis Equity Resolution
WASHINGTON – A group of eight House lawmakers, led by members of the Congressional Cannabis Caucus, filed a resolution aimed at bolstering fair access to the burgeoning Cannabis sector for communities long sidelined by federal ...
Bipartisan Measure Targets Barriers to Psychedelic Therapies for Terminal Patients
WASHINGTON – A group of House and Senate lawmakers from both parties unveiled legislation to permit physicians to deliver Schedule I substances, including MDMA and psilocybin, to individuals grappling with terminal illnesses or severe mental ...
Massachusetts Tops $9 Billion in Cannabis Sales, Eyes Cultivation License Freeze
BOSTON – Massachusetts adult-use Cannabis retailers have surpassed $9 billion in gross sales since the market launched in late 2018, according to the state's Cannabis Control Commission. The milestone was reached on February 4, driven ...
What Does Cannabis 3.0 Actually Mean?
LOS ANGELES- If Cannabis 1.0 was legalization and survival, and Cannabis 2.0 was scale and brand proliferation, Cannabis 3.0 is something far more structural. It is the shift from product velocity to process discipline. From ...
Organigram Strikes Deal to Acquire Sanity Group
TORONTO-BERLIN – Organigram Global Inc. has signed a definitive agreement to purchase the remaining shares of Berlin-based Sanity Group GmbH that it does not already hold. The transaction builds on Organigram's earlier minority stake and ...
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. ...
Travelling for US Thanksgiving or Black Friday deals? The CBSA offers tips.
OTTAWA - The Canada Border Services Agency (CBSA) reminds all travellers of what to expect when crossing the border this US Thanksgiving and Black Friday, whether they will be returning to or visiting Canada. Here ...
Tilray Launches ‘Take Back Control’ Platform to Provide Women With Free Medical Cannabis Resources
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis company inspiring and empowering the worldwide community to live their very best life, today announced that its medical cannabis division, Tilray Medical, ...
Industrial Hemp Market worth $18.1 billion by 2027
CHICAGO - The Industrial Hemp Market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a CAGR of 21.6% in terms ...
AWH Commences Adult-Use Sales at Fort Lee Dispensary
NEW YORK - Ascend Wellness Holdings, Inc. (AWH) (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on better living through cannabis, has announced that Ascend Fort Lee, located at 461 West Street, will begin ...
