Legal Affairs
NY Cannabis Market Posts Record August Sales, OCM Reports
NEW YORK – New York dispensaries rang up $214.4 million in legal Cannabis sales in August, the highest total since the program's start nearly three years ago, according to the state's Office of Cannabis Management. ...
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like Cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Avant Brands Reports $9.7 Million in Q2 2025 Revenue
TORONTO – Avant Brands Inc., a Kelowna-based Cannabis producer, reported $9.7 million in gross revenue for the second quarter of 2025, covering the three months ended May 31, according to its latest financial disclosure. The ...
NY Cannabis Market Posts Record August Sales, OCM Reports
NEW YORK – New York dispensaries rang up $214.4 million in legal Cannabis sales in August, the highest total since the program's start nearly three years ago, according to the state's Office of Cannabis Management. ...
New National Survey Highlights Cannabis Engagement Rise, Backing Broader Access and Uniform Legal Framework
LOS ANGELES – A fresh national survey underscores Cannabis's deepening foothold in American life, with 31% of adults reporting use within the last six months. Released last month, the MRI-Simmons 2025 National Cannabis Study also ...
Case Study: Better Data, Better Decisions: How Clean Inputs Strengthen Cannabis Strategy
NEW YORK- In a highly regulated and competitive industry like Cannabis, data isn’t just numbers on a spreadsheet — it’s the foundation of effective decision-making. Yet many operators still struggle with messy, inconsistent, or incomplete ...
Cannabidiol (CBD) Vape Juice Market Augmented to Reach USD 71,004.34 Million by 2029
LONDON - This Cannabidiol (CBD) Vape Juice market report helps in evaluating the relative efficiency of the different advertising media, selling methods, the causes of consumer resistance, and the nature of demand for the firm's ...
Neptune Wellness Solutions Inc. Closes $6.0 Million Offering
LAVAL, QC, Oct. 11, 2022 Neptune Wellness Solutions Inc. a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has closed the previously announced ...
CanPay Announced as Sole Digital Payments Solution for Seed & Beyond
LITTLETON, Colo., Oct. 11, 2022 A digital payments network for cannabis merchants and retailers, CanPay, is now available as the sole digital payment solution in Seed and Beyond's advanced end-to-end enterprise resource planning (ERP) software. ...
Fire & Flower Announces U.S. Market Update and Hifyre Technology to be Launched in Colorado
TORONTO, Oct. 11, 2022 Fire & Flower Holdings Corp. a cannabis consumer retail and technology platform announced today updates to its U.S. market entry through its strategic arrangement with Fire & Flower U.S. Holdings Inc. ...
Cannabis Market to Register Growth of USD 168.58 Billion
TORONTO - A Qualitative Research Study accomplished by Data Bridge Market research's database, titled “Global Cannabis Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. This ...
The Continued Legalization of Cannabis Creates Need for Intoxication Detection Devices
NEW YORK - Sales of Cannabis products are expected to continue to grow as more states and major markets ease accessibility. According to data published by MJBizDaily, the combined U.S. medical and recreational cannabis sales ...
Industrial Hemp Market Size US$ 3 Billion by 2028
PUNE - Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp ...
Velvet Cannabis Opens in Eagle Rock, Bringing Its Upscale Cannabis Retail Experience to Los Angeles
LOS ANGELES, Oct. 7, 2022 Located in Eagle Rock, just off the Highway 134 and Figueroa interchange, Velvet Cannabis quietly opened its doors in late April as the company's cannabis dispensary in Los Angeles. Founded by Matt Morea and Farid Harrison. "We are ...
Left Coast Financial – The Provider of Dispensary Business Banking Solutions for Cannabis Industry
PORTLAND, Ore., Oct. 7, 2022 Founded in 2016 and headquartered in Portland, Oregon, Left Coast Financial Solutions is a neo-bank offering an online payment platform bridging cannabis and banking. As a provider of dispensary business banking solutions for the cannabis ...
Curaleaf Celebrates Opening of Scottsdale, Arizona Dispensary
WAKEFIELD, Mass., Oct. 7, 2022 Curaleaf Holdings, Inc, today announced the opening of its Scottsdale dispensary, located at 16277 N Greenway Hayden Loop, Scottsdale, AZ 85260. Curaleaf Scottsdale is one of its 16 dispensaries in the Grand Canyon State. Located across ...
U.S. Food and Drug Administration Names First Internal Cannabis Advisor
NEW YORK- According to an internal memo from earlier this week that an FDA spokesperson provided to the financial publication, MarketWatch, the U.S. Food and Drug Administration has appointed Norman Birenbaum, the former director of ...
Aurora Cannabis Repurchases US$23 Million Principal Amount of Convertible Notes
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that it has repurchased an aggregate of approximately $31.3 million (US$23.0 million) principal amount ...
Sanctuary Medicinals Opens Twelfth Location in Florida
APOPKA, Fla., Oct. 6, 2022. Sanctuary Medicinals today announced the opening of its twelfth medical cannabis dispensary in Florida. Located just six miles west of the original Sanctuary Boca Raton opened in July 2022, Sanctuary's second ...
Cannabis Stocks Surge as Biden Overhauls U.S. Cannabis Policy
NEW YORK - Following President Joe Biden's executive decision to change U.S. policy on cannabis, the White House today announced it is pardoning all prior federal offenses for simple cannabis possession. Consequently, shares of cannabis ...
Global Legal Cannabis Market Report 2022-2030
Dublin, Oct 6, 2022: The "Legal Cannabis Market Size, Share & Trends Analysis Report by Source (Marijuana, Hemp), by Derivative (CBD, THC), by End Use (Medical Use, Recreational Use, Industrial Use), by Region, and Segment ...
Ayr Wellness Brings Concentrates Brand HAZE to Florida
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, is announcing the rollout of its premium live resin concentrates and vapes brand HAZE in Florida. Having recently celebrated surpassing 50 ...
Green Thumb Industries Announces Changes to Board of Directors
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods (CPG) company and owner of RISE Dispensaries, today announced that Richard Drexler, a proven financial ...
Cannabis Businesses Increasingly Challenged to Address Industry’s Environmental Impact
DENVER - Energy and water use, packaging, bio waste, social equity, and access to affordable medicine are all issues currently under scrutiny as a maturing cannabis industry grapples with the consequences of its rapid growth. ...
Alberta Government Must Engage With Psychedelics Industry for Regulatory Success
TORONTO - PsyCan, the trade association for the legal Canadian psychedelic medicine and therapy sector, is cautiously optimistic about recently announced rules governing the use of psychedelic drugs for people in therapy by the government ...
Biden Announces Plan to Erase Federal Possession of Cannabis Convictions
WASHINGTON, D.C.– President Joe Biden is beginning the process of decriminalizing cannabis and fulfilling a campaign promise to overturn earlier federal possession convictions. He is also beginning to relax the drug's official categorization. Senior administration ...
Super Critical Brands Appoint Dmitry Ostrovtsev as New Managing Partner & President
LOS ANGELES–Super Critical Brands Group, the global CPG marketing agency for the cannabis and psychedelic industries, announced today the appointment of their new President & Managing Partner, Mr. Dmitry Ostrovtsev. Dmitry has been in the ...
IM Cannabis Closes Second Tranche of Non-Brokered Private Placement of Common Shares
TORONTO and GLIL YAM, Israel, Oct. 5, 2022 IM Cannabis Corp. a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, announce that it has closed the second tranche of its non-brokered private placement, as described in its press ...
Numinus Develops Mushroom Tea for Use in Psychedelic Research
VANCOUVER, B.C, Oct. 5, 2022 Numinus Wellness Inc, a mental health care company today announced that its research division, Numinus Bioscience, has developed a psilocybin-containing tea bag for use in clinical research and, if appropriate regulatory approvals ...
Purpl Scientific and Green Thumb Industries Partner to bring Rapid NIRS Testing to Cannabis Oil Production
LOUIS, Oct. 5, 2022 Purpl Scientific Inc., a division of Nynomic AG which aims to bring near-infrared spectroscopy (NIRS) testing for Cannabis Extracts and finished products. Preliminary results show that NIRS can compete with High-Performance Liquid Chromatography ...
Curaleaf Completes Acquisition of Tryke Companies
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the completion of its previously announced acquisition of Tryke Companies ("Tryke") (dba as Reef Dispensaries), ...
