Legal Affairs
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, the psychoactive compound found in so‑called “magic mushrooms,” for patients with treatment‑resistant depression. This marks the first time psilocybin has been approved for medical use ...
Psyence Group Inc. Announces C$600,000 Private Share Offering
LOS ANGELES— Psyence Group Inc. a biotechnology firm focused on nature-derived psilocybin for mental health and palliative care, has announced a non-brokered private placement to raise up to C$600,000. The offering, detailed in a news ...
Texas Governor Expands Medical Cannabis Program, Vetoes THC Ban
LOS ANGELES— Texas Governor Greg Abbott has signed House Bill 46 into law, significantly expanding the state’s limited medical cannabis program, while vetoing Senate Bill 3, which aimed to ban hemp‑derived THC products—including delta‑8 gummies, ...
Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results
LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
Organigram Acquires Collective Project to Enter U.S. Cannabis Beverage Market
LOS ANGELES- Organigram Global Inc. has acquired Collective Project Limited, a producer of cannabis and hemp-derived infused beverages. The acquisition involves an initial payment of approximately 6.2 million Canadian dollars (about $4.3 million), with potential ...
Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry
NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes entire industries. For the U.S. cannabis sector, still federally illegal and structurally fragmented, proposed tariffs and social program cuts under a second Trump administration could ...
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, the psychoactive compound found in so‑called “magic mushrooms,” for patients with treatment‑resistant depression. This marks the first time psilocybin has been approved for medical use ...
Psyence Group Inc. Announces C$600,000 Private Share Offering
LOS ANGELES— Psyence Group Inc. a biotechnology firm focused on nature-derived psilocybin for mental health and palliative care, has announced a non-brokered private placement to raise up to C$600,000. The offering, detailed in a news ...
Texas Governor Expands Medical Cannabis Program, Vetoes THC Ban
LOS ANGELES— Texas Governor Greg Abbott has signed House Bill 46 into law, significantly expanding the state’s limited medical cannabis program, while vetoing Senate Bill 3, which aimed to ban hemp‑derived THC products—including delta‑8 gummies, ...
Medical Cannabis Market to Generate USD 54.34 Billion Globally by 2029
CHICAGO - Data Bridge Market research has recently issued comprehensive industry research on “Global Medical Cannabis Market” which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. Key elements of this ...
StateHouse Holdings Inc. Reports Second Quarter 2022 Financial Results
SAN DIEGO and TORONTO - StateHouse Holdings Inc.(CSE: STHZ) (OTCQX: STHZF), a California-focused, cannabis enterprise, announced its financial results for the three and six months ended June 30, 2022, and provided additional business updates. The ...
New Study: Psilocybin Shows Promise Treating Alcoholism
LOS ANGELES- A recent study has been released that further adds to the growing body of research that shows psilocybin, the hallucinogenic component found in magic mushrooms, may be an effective treatment for alcohol addiction. ...
Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options
SALINAS, Calif., Aug. 25, 2022 Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank, are partnering to expand access to cannabis banking in the California market. For the first time since the ...
Tilray Medical Launches New Products and ‘CannaPoints’ Program to Support Patients Across Canada
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), global cannabis and consumer packaged goods company announced that its medical cannabis division, Tilray Medical, has released new medical cannabis products, under Tilray and Aphria brands ...
Global Cannabis in Food and Beverage Market Size to Hit US$ 2818 Million by 2026
DUBLIN, Ireland - Facts and Factors has published a new research report titled “Cannabis in Food and Beverage Market by Product Type (Bakery Products, Candy, Chocolate, Beverages, Cereal Bars, Ice Cream, and Others), By Source ...
Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing
TORONTO - Fire & Flower US Holdings Inc. (formerly American Acres Managers), announced that it has completed a non-brokered private placement of unsecured convertible debentures in the principal amount of approximately $5,000,000 to the existing ...
Aurora Cannabis Acquires Controlling Interest in Bevo Farms
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to announce today that a wholly-owned subsidiary of the Company has acquired a controlling ...
Goodness Growth Holdings Announces Launch of Boundary Waters Pre-Rolls in Minnesota
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the launch of its Boundary Waters line of premium cannabis pre-rolls focused on sustainability and environmental ...
Cannabis Drinks Market Value to Grow by Almost US$ 8.3 Billion in 2032 | Future Market Insights, Inc.
NEWARK, Del., Aug. 25, 2022. The global cannabis drinks market is set to witness growth at a CAGR of 37.3%and top a valuation of US$ 8.3 Bn by 2032. Various health benefits, such as improved sleep patterns, weight loss, ...
American Council of Cannabis Medicine Announces Strategic Partnership to Begin Working With the Health Care Sharing Industry
WASHINGTON, Aug. 25, 2022. Today the American Council of Cannabis Medicine announced selection and participation in the NHCSA Building Bridges Program. To help foster understanding and provide resources for the health care sharing industry, and ...
Nextleaf to Launch its First THC-Free CBD Product
VANCOUVER, B.C- Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) a federally regulated manufacturer and distributor of cannabis extracts including vapes and oils, announced the launch of its first THC-free Broad Spectrum CBD distillate ...
Glass House Brands Forms Genetics and Nursery Partnership with Seed Junky
LONG BEACH, Calif. and TORONTO, Aug. 24, 2022 /PRNewswire/ - Glass House Brands, Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced its partnership with Seed Junky Genetics. Seed ...
Tilray Medical Receives Verification From the Natural Health Science Foundation in Australia and New Zealand
SYDNEY, Australia - 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 ...
Hemp-Derived CBD Oil Market Size Is Projected to Reach USD 6.53 Billion by 2030
New York, United States - CBD (cannabinoid) is extracted from cannabis hemp plant leaves, flowers, and stems using two extraction methods, i.e., by removing the CBD and turning it into an isolate and using full-spectrum ...
RIV Capital Signs Lease for Flagship Cannabis Cultivation and Manufacturing Facility in Buffalo, New York
TORONTO - RIV Capital Inc. (CSE: RIV) (OTC: CNPOF), a cannabis packaged goods company with a focus on establishing one of the strongest portfolios of brands in key strategic U.S. markets, acting through its wholly-owned ...
Global Cannabidiol Market: Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
New York - Reportlinker.com announces the release of the report "Global Cannabidiol Market: Market Segments: By Source Type ; By Distribution Channel ;By End User ; and Region – Analysis of Market Size, Share & ...
Medical Marijuana Market Size Worth $40 Billion by 2028 at 19.2% CAGR
NEW YORK - The Insight Partners published latest research study on "Medical Marijuana Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Dried Form and Extract Form), Application (Pain Management, Tourette Syndrome, ...
CULTA Announces Partnership with Top-Selling National Cannabis Brand Old Pal
Bethesda, MD-- CULTA, Maryland’s top producer of craft cannabis, today announced a partnership with Old Pal. Founded in 2018, Old Pal is a multi-state cannabis lifestyle brand that’s focused on offering quality products and trusted ...
Mystic Labs™ Debuts Delta-8 and Delta-9 Sleep Gummies
TAMPA, Fla.,-- Mystic Labs™, the manufacturer and distributor of Delta-8 THC products and Delta-9 THC Gummies, announces its newest additions to its gummy product line, Delta-8 Sleep Gummies and Delta-9 Sleep Gummies. These are the first Mystic Labs ...
Canadian Cannabis retailer SNDL Acquires Valens in $138MM Deal
CALGARY, AB and KELOWNA, BC- SNDL Inc. (Nasdaq: SNDL). and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) announce today that they have entered into an arrangement agreement to combine their businesses and create a ...
Cannabis Retailer High Tide Inks CA$19MM Credit Agreement
TORONTO- High Tide, a cannabis retailer, inks a reduced CA$19 million credit agreement. Canadian cannabis retail firm High Tide obtained a $14.7 million credit line from ConnectFirst, an Alberta credit union, for 19 million Canadian ...
Ayr Wellness Reports Second Quarter 2022 Results
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Unless otherwise noted, all results are presented in ...
CBD Market will Rise at a Potential Growth Rate of 27.8% by 2029
MANCHESTER, England - The comprehensive industry research on "Global Cannabidiol (CBD) Market" published by Data Bridge Market research which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. To have best ...
Global Cannabis Testing Market is Expected to Grow to $3.88 Billion in 2026 at a CAGR of 16.8%
Dublin - The "Cannabis Testing Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. Major players in the cannabis testing market are Agilent Technologies Inc, Shimadzu Corporation, DigiPath Inc, Steep Hill Inc, SC ...
