Legal Affairs
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Greewave Advisors Analysis: Cannabis Companies & Cash Flow – Size Matters
Over the past 6 years (2019-2024), the Tier 1 Multistate Operators (MSOs) have generated $2.3B in Cash Flow from Operations (CFO); Assuming all unpaid 280E related tax liabilities are satisfied this amount is $1.3 Billion. ...
New Mexico Takes a Landmark Step Toward Legal Psychedelic Therapy
LOS ANGELES- New Mexico just made history—again. Governor Michelle Lujan Grisham has officially signed the Medical Psilocybin Act into law, positioning New Mexico as the third U.S. state to legalize psilocybin for therapeutic use. But ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Global CBD Wine Market Is Expected to Reach $112.5 Million by 2031
Portland, OR - According to the report published by Allied Market Research, the global CBD wine market generated $11,100 thousand in 2021, and is estimated to reach $112,458.2 thousand by 2031, witnessing a CAGR of ...
Global Cannabis Beverages Market Report 2022: Market to Reach $2 Billion by 2026
Dublin - Global Cannabis Beverages Market to Reach US$2 Billion by the Year 2026. Amid the COVID-19 crisis, the global market for Cannabis Beverages estimated at US$1 Billion in the year 2022, is projected to ...
RIFF Cannabis Brand Launches ‘Drumsticks’
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis and consumer packaged goods company, announced that its Canadian cannabis brand, RIFF, launched Drumsticks, a new premium, infused pre-roll with amplified THC potency ...
Report Predicts More Than 100,000 Cannabis Jobs in New York, New Jersey and Connecticut by 2025
SAN DIEGO - CannabizTeam, the cannabis-focused executive search, and staffing firm, today released its 1st Annual Tri-State 2022 Cannabis Industry Salary Guide, a comprehensive report that provides single and multi-state cannabis employers and prospective cannabis ...
54% of Cannabis Users Will Buy Less if Inflation Raises Weed Prices, Survey Finds
TUSTIN, Calif. - A new survey has revealed that if dispensaries raise weed prices to counter inflation, 54% of regular consumers would buy less cannabis. CBD Oracle's survey asked 1,450 Americans in adult-use states about ...
Cannabis Market worth $82.3 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 15, 2022 The Cannabis Market size is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value from 2022 to 2027, according ...
Kiva Announces Distribution Partnership with CherryWorld
OAKLAND, Calif., Sept. 15, 2022 CHERRYWORLD today announced an exclusive partnership with Kiva Sales and Service (KSS), to launch its brand of high quality indoor flower, fashion apparel, and accessories into the California market. "We're thrilled to help bring CHERRYWORLD ...
Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition
LONG BEACH, CA and TORONTO, Sept. 15, 2022 Glass House Brands Inc. today announced that all local regulatory approvals have been granted for Glass House's acquisition of the Natural Healing Center (NHC) dispensary located in ...
Catching the Wave: The International Cannabis Opportunity: Oldham Global Project Wave
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
Ovation Science Strengthens IP Protection with New US Patent
VANCOUVER, BC and LAS VEGAS, Sept. 14, 2022 Ovation Science Inc. a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, is pleased to announce that the U.S. Patent and ...
Cannabis Career Institute Offers the Gold Standard in Cannabis Education
NEWHALL, Calif., Sept. 14, 2022 - Founded in 2009, Cannabis Career Institute is a cannabis education institute. Their experienced coaches can help you find a career in the rapidly-growing cannabis industry, whether you're looking to ...
Can We Use CBD to Treat Symptoms Of Autism Spectrum Disorder?
NEW YORK–It's known that Cannabidiol (CBD) and THC/CBD formulations are now being studied and used to better manage Autism symptoms. Autism, or Autism Spectrum Disorder (ASD), is a neurodevelopmental condition most commonly diagnosed during infancy, ...
Organic Hemp Market to surpass USD 360 Million by 2030
SELBYVILLE, Del., - The Organic Hemp Market may register a revenue of more than USD 360 million by 2030, according to a new research report by Global Market Insights Inc. The growing awareness about the ...
Industry Veteran Deborah Johnson Takes the Reins at Council for Federal Cannabis Regulation (CFCR)
WASHINGTON, D.C. (October 17, 2022) – Veteran cannabis industry executive and entrepreneurial VC / investment expert Deborah Johnson will take the reins of CFCR as Interim Executive Director as Sarah Chase transitions to a new leadership position. Chase helped guide the ...
Has Mike Tyson’s Cannabis Gummy Brand Been Knocked Out in Canada?
TORONTO–Mike Tyson's cannabis edibles brand Mike Bites, will reportedly not be sold in Quebec or Alberta by Canadian Cannabis LP, Hexo. According to reporting by the journalist Matt Lamers, in MJBiz Daily, two Canadian regional ...
Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026
LOUISVILLE, Colo. - BDSA announced today an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel, and category. The report projects annual global cannabis sales to grow from ...
Item 9 Labs Set To Transform Arizona Marijuana Market With New Line of Infused Pre-Rolls
PHOENIX - Item 9 Labs is adding a new permanent mainstay to its extensive product line-up. Following the success of its limited edition infused half-gram pre-rolls, the brand is launching 1 gram concentrate infused pre-rolls ...
Cannabis Extract Market Size, Share & Trends Analysis Report 2022 – 2030
New York - Reportlinker.com announces the release of the report "Cannabis Extract Market Size, Share & Trends Analysis Report By Product Type, By Extract Type, By Sources, By End Use, By Region And Segment Forecasts, ...
17% of Adults in Recreational Cannabis States Don’t Know Their Rights
WASHINGTON - Today, Statara Solutions released its "Baked Audiences Insights" report, which found that 17% of adults in recreational-use states who have not consumed cannabis products have not done so because they are deterred by ...
The Parent Company Launches FaZe Rain’s RCVRY Cannabis Brand
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced the exclusive launch of RCVRY, a cannabis brand co-founded by Nordan Shat (aka FaZe Rain), Youtube star ...
Cannabis Consumer Spending Tightens, Highlighting Importance of Brand Strength
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes that consumer cannabis spending over ...
GENERATION HEMP REPORTS RECORD ONE MONTH REVENUES
DALLAS, Sept. 13, 2022 Generation Hemp, Inc., a Dallas/Fort Worth based midstream hemp company (OTCQB: GENH), and its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC (collectively the "Company") reported today that its unaudited revenues for the month of July 2022 were approximately $438,000, ...
IM Cannabis Welcomes Two New Members to its Board of Directors
TORONTO and GLIL YAM, Israel, Sept. 13, 2022 IM Cannabis Corp a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, is pleased to announce that Einat Zakariya and Moti Marcus have been appointed to the Company's board of directors. Einat ...
Cannabinoids Market Worth USD 63 Billion by 2030
SELBYVILLE, Del. - The cannabinoids market value is projected to exceed USD 63 billion by 2030, according to a new research report by Global Market Insights Inc. Rise in the prevalence of Parkinson's disease, muscle ...
MariMed’s Brands and Products to Enter Missouri Market
NORWOOD, Mass. - MariMed, Inc (CSE: MRMD), (OTCQX: MRMD), , a multi-state cannabis operator focused on improving lives every day, today announced an agreement that will bring the Company’s award-winning portfolio of cannabis-infused edibles to ...
