Legal Affairs
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Canopy Growth Initiates $200 Million At-The-Market Equity Program
LOS ANGELES- Canopy Growth Corporation has established a new at-the-market (ATM) equity program, enabling the company to issue and sell up to $200 million in common shares across U.S. and Canadian markets. The company intends ...
Expanding Investment Horizons: Opportunities for Cannabis Entrepreneurs
NEW YORK-The cannabis industry is evolving, presenting fresh opportunities for entrepreneurs willing to think beyond traditional boundaries. While some cannabis-specific investors may be stepping back, there’s growing interest from wellness-focused capital, accredited investors, and innovative ...
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 ...
Ottawa’s Psilocybin Retailers Maintain Operations Amid National Enforcement Actions
LOS ANGELES- In Ottawa, several storefronts openly selling psilocybin, the psychoactive compound in magic mushrooms, continue to operate with minimal interference from local law enforcement. This contrasts with actions in other Canadian municipalities, where authorities ...
DEA Postpones Cannabis Rescheduling Hearing to 2025
LOS ANGELES- The Drug Enforcement Administration (DEA) has postponed its public hearing on the proposed rescheduling of cannabis under federal law. Initially scheduled for December 2, 2024, the hearing is now expected to occur in ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Canopy Growth Initiates $200 Million At-The-Market Equity Program
LOS ANGELES- Canopy Growth Corporation has established a new at-the-market (ATM) equity program, enabling the company to issue and sell up to $200 million in common shares across U.S. and Canadian markets. The company intends ...
Neptune Announces Amendment and Expansion of Sprout Secured Promissory Notes Led by Morgan Stanley
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced today that Sprout Foods Inc., the Company's organic plant-based baby ...
Tilray Brands Announces Closing of Transaction with HEXO
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq | 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 the Company ...
How A Cannabis Company Was Affected By The Full Scale War in Ukraine
DNIPRO, Ukraine – Everyone was surprised when the war in Ukraine started. In the weeks before February 24th, many people thought Putin was simply playing hard-ball and his massive military build-ups and war maneuvers were ...
Cannabis Dispensaries to Host Crypto ATMs Nationwide
MIAMI - BankLine's unique Crypto ATM banking services, in partnership with cannabis-friendly financial institutions, provide nationwide armored cash logistic services to Crypto ATM operators within licensed cannabis dispensaries - facilitating exciting new business opportunities. The ...
Jushi Holdings Inc. Announces Management Change
BOCA RATON, Fla.- Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), an integrated, multi-state cannabis operator, announced that Ed Kremer has resigned from his position as Chief Financial Officer to accept a role at a competing ...
Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sponsored benefit plan, ...
Curaleaf’s Select Brand Announces Launch of “The Farmer’s Select” Program
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), international provider of consumer cannabis products, today announced that its Select brand has launched "The Farmer's Select" program, an ongoing series of limited-edition collaborations ...
Clever Leaves Strengthens German Presence Through Expanded Cantourage Partnership
BOCA RATON - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the continued expansion of the Company’s partnership with European medical cannabis leader Cantourage GmbH ...
Neptune Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2022. Statement from Neptune Management and Board of Directors: ...
Akerna Flash Report: Fourth of July Weekend Cannabis Sales Total $255.5 Million
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that ...
Good Supply Brand Expands its Cannabis Portfolio in Québec
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company, today announced that its cannabis brand Good Supply has expanded its product offering in Québec with the launch ...
The Parent Company Announces East Coast Expansion
SAN JOSE, Calif. - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has entered into an exclusive brand licensing and cultivation and production agreement with ...
AWH Announces Share Purchase by AGP
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator, announced that on July 1st AGP Partners, LLC, purchased 50,000 of Class A Common Shares in the open market for ...
Akerna Corp. Announces Closing of $10 Million Public Offering
DENVER - Akerna Corp. (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the closing of its ...
Red Light Holland & Halo Dissolve Psilocybin Joint Venture in Oregon As Their Stock Plummets
TORONTO-Red Light Holland, a publicly traded magic mushroom company, claims it has ended its 14-month-old partnership with Canadian cannabis producer Halo Collective in Oregon in order to focus on a new project that it hopes ...
Analysis: Stuck in the Weeds? What’s Next For Canopy Growth Corporation?
TORONTO– Canopy Growth, once the largest cannabis company by valuation, has been a rollercoaster for investors over the previous few years, rising to more than $45, then seeing dramatic drops. The legalization of cannabis in ...
Acreage Concludes Operations in State of Oregon, Closes Sale of Retail Chain Cannabliss & Co.
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced that it has executed and closed an amendment to its ...
HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today, holders of common shares of HEXO approved the previously announced transaction with ...
Global Cannabis Testing Services Market to Surpass US$ 4,527.6 Million by 2030
Seattle - According to Coherent Market Insights, the global cannabis testing services market is estimated to be valued at US$ 1,658.9 million in 2022 and is expected to exhibit a CAGR of 13.4% during the ...
Global Pharmerging Market is Estimated to be US$ 4426.72 Billion by 2030
Covina - Particularly in the worldwide emerging economies, the Pharmerging industry is growing significantly. Some of the main drivers of this market's expansion are the increased prevalence of non-communicable illnesses, an ageing population, rising life ...
Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has passed validation in its Novel Food applications from the Food Standards Agency in the United Kingdom for its Original Formula full-spectrum hemp extract product. ...
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. through its wholly-owned subsidiary Greenstar ...
Politics: Amendment to Safeguard State Cannabis Programs Approved by House Appropriations Committee
WASHINGTON, D.C.–In order to avoid the Department of Justice meddling with adult-use cannabis programs, an amendment to the Commerce, Justice, Science, and Related Agencies Appropriations Act for Fiscal Year 2023 was approved by the House ...
Analysis: Majority of USA Cannabis Sales is Still Flower (Bud)
SANTA MONICA, Calif–According to studies from the International Journal of Drug Policy, cannabis consumers in the United States and Canada prefer cannabis flower above alternative product formulations. Researchers from the University of Waterloo in Ontario, ...
Analysis: Hemp-Derived CBD Labels Frequently Contain Inaccurate Information.
RICHMOND, VIRGINIA- According to research reported in the Journal of Cannabis Research, the true percentage of cannabinoids present in commercially accessible CBD products is frequently misrepresented on their labels. Eighty CBD-derived from hemp products that ...
