Legal Affairs
German Court Rules Prison Cells Qualify for Cannabis Possession Rules
LOS ANGELES- A Berlin appellate court (Kammergericht) has ruled that prisoners are legally permitted to possess up to 50 grams of cannabis in their cells for personal use, classifying prison quarters as the inmates’ “habitual residence.” ...
Hawaii Governor Vetoes Medical Cannabis Expansion Bill Over Privacy Concerns
LOS ANGELES– Hawaii Governor Josh Green has vetoed House Bill 302 (HB 302), a measure aimed at expanding the state’s medical cannabis program, due to concerns over patient privacy provisions, his office confirmed on June 9, ...
New Zealand Delegation Led by Zoë Reece Targets Multibillion‑Dollar European Medicinal Cannabis Market
LOS ANGELES- New Zealand trade delegation, including key export company Ora Pharm, is advancing into Europe’s growing medicinal cannabis market. CEO Zoë Reece is spearheading the mission, aiming to build clinical and commercial partnerships for cannabinoid-derived therapies ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Psilocybin Law Reforms Gain Momentum Across the United States
LOS ANGELES- Efforts to reform psilocybin laws are accelerating nationwide, with several states making significant strides toward decriminalization or legalization of the psychoactive compound found in "magic mushrooms." In Colorado, voters approved Proposition 122 in ...
HYTN Innovations Secures Cannabis Supply Agreements for German Market
LOS ANGELES- HYTN Innovations Inc., a pharmaceutical company specializing in cannabis-derived products, has entered into strategic supply agreements and completed vendor qualifications with two cannabis cultivators, securing a minimum of 4,000 kilograms of cannabis for ...
German Court Rules Prison Cells Qualify for Cannabis Possession Rules
LOS ANGELES- A Berlin appellate court (Kammergericht) has ruled that prisoners are legally permitted to possess up to 50 grams of cannabis in their cells for personal use, classifying prison quarters as the inmates’ “habitual residence.” ...
Hawaii Governor Vetoes Medical Cannabis Expansion Bill Over Privacy Concerns
LOS ANGELES– Hawaii Governor Josh Green has vetoed House Bill 302 (HB 302), a measure aimed at expanding the state’s medical cannabis program, due to concerns over patient privacy provisions, his office confirmed on June 9, ...
New Zealand Delegation Led by Zoë Reece Targets Multibillion‑Dollar European Medicinal Cannabis Market
LOS ANGELES- New Zealand trade delegation, including key export company Ora Pharm, is advancing into Europe’s growing medicinal cannabis market. CEO Zoë Reece is spearheading the mission, aiming to build clinical and commercial partnerships for cannabinoid-derived therapies ...
U.S. Supreme Court Rejects Cases Seeking Workers’ Comp for Medical Cannabis
WASHINGTON, D.C.– The US Supreme Court's justices have declined to take a position on whether or not workers' compensation insurance policies should cover the costs of employees' medical cannabis-related expenses. Following differing opinions from multiple ...
Neptune Wellness Solutions Inc. Closes $5 Million Registered Direct Offering
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, today announced that it has closed on the previously announced registered ...
Insights on the Global Industrial Hemp Market to 2027
Dublin - The "Industrial Hemp Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering. Industrial hemp belongs to the family of plant species Cannabis stive. This plant is used in ...
The Parent Company Announces Annual General and Special Meeting Voting Results
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, today announced the results of its Annual General and Special Meeting of Shareholders held on Wednesday, June 22, 2022. ...
Goodness Growth Holdings Launches HiColor™ Cannabis Chews in New York
NEW YORK - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced the launch of HiColor™ cannabis-infused chews in New York, which are now available through ...
Can the Cannabis Industry CLIMB to Increased Institutional Investment and Capital Markets Listings?
WASHINGTON, D.C.– This morning, Representative Troy A. Carter, Sr. (D-LA) and Representative Guy Reschenthaler (R-PA) introduced a bipartisan bill called The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act which, if passed and signed into ...
Can the Cannabis Industry CLIMB to Increased Institutional Investment and Capital Markets Listings?
WASHINGTON, D.C.– This morning, Representative Troy A. Carter, Sr. (D-LA) and Representative Guy Reschenthaler (R-PA) introduced a bipartisan bill called The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act which, if passed and signed into ...
American Council of Cannabis Medicine Established Next Frontier Task Force
WASHINGTON - Today the American Council of Cannabis Medicine (ACCM) announced the formation of the Next Frontier Task Force. The task force is created to bring together stakeholders from medical cannabis, insurance and third party ...
At 18.4% CAGR, Globally Medical Marijuana Market Size Worth US$ 51.36 Bn, by 2028
NEW YORK - As per Zion Market Research study, The global medical marijuana market was worth around USD 11.25 billion in 2021 and is estimated to grow to about USD 51.36 billion by 2028, with ...
American Veteran Opens Cannabis Dispensary and Donates Proceeds to Disabled American Veterans
SANFORD, Fla. - Patrick O'Brien is by no means just an ordinary cannabis enthusiast. This third-generation cannabis grower and American veteran has trained over 60,000 students at his five-acre indoor/outdoor cannabis college and farm in ...
Tilray Medical Welcomes Government of Luxembourg Delegation Visit to European Campus in Portugal
LISBON, Portugal - 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, welcomes the Luxembourg Ministry of ...
The Valens Company Signs Exclusive Cannabis Partnership with Coldhaus Distribution
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of branded cannabis products, today announced that it has secured an exclusive cannabis partnership with Coldhaus Distribution to provide logistics solutions for ...
Cannabis Market worth $90.4 billion by 2026
Chicago - According to MarketsandMarkets™, the global cannabis market size was estimated to be valued at USD 20.5 billion in 2020. It is projected to reach USD 90.4 billion by 2026, recording a CAGR of ...
Cronos Group and Ginkgo Bioworks Announce Achievement of THCV Equity Milestone
TORONTO and BOSTON - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), an innovative global cannabinoid company, and Ginkgo Bioworks (NYSE: DNA), horizontal platform for cell programming, announced the achievement of the third target productivity milestone ...
Charlotte’s Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has appointed Greg Gould as the Company's Chief Financial Officer and Chief Administration Officer. Greg Gould is a senior finance executive with more than two decades of experience ...
2022 Cannabis Drinks Expo: Skyrocketing Category Includes Hemp-Based Sports Drinks to Cannabis-Infused Cocktails
SAN FRANCISCO - Cannabis Drinks Expo, a super hit b2b trade show, returns in July, providing the cannabis and drinks industry a unique platform to expand business, explore the category and source amazing brands. The ...
Hemp Seeds Market: Trends for 2019 – 2020 and Forecasts to 2030
New York - Reportlinker.com announces the release of the report "Hemp Seeds Market : Segmented By Application Type ; by Product Type and Region – Global Analysis of Market Size, Share & Trends for 2019 ...
Canada’s Vaping Excise Tax Will Have Unintended Consequences
BEAMSVILLE - The Canadian Vaping Association has expressed its concerns to regulators about the proposed vaping excise tax rate. The association believes the proposed rate is too high and will lead to an increase in ...
HEXO Corp.’s Shareholders Approve Standby Commitment Transaction
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) to announce that at its special meeting of shareholders held yesterday, holders of common shares of HEXO overwhelmingly approved the previously announced equity purchase agreement with ...
Jushi Holdings Inc. Issues Statement on Commonwealth Court of Pennsylvania Order Lifting the Stay of Temporary Injunctive Relief
BOCA RATON, Fla.- Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, issued the following statement on the Commonwealth Court of Pennsylvania granting Medical Marijuana Access & Patient Safety, Inc.’s application to vacate ...
The Valens Company Receives Additional Product Listings with SQDC
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of branded cannabis products, today announced the launch of a Quebec-exclusive brand, Bon Jak. Valens continues to build its presence in Quebec ...
Thailand Becomes First Asian Country to Legalize Cannabis
NEW YORK - Thailand made headlines last week when it became the first country in Asia to decriminalize Cannabis, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin ...
Angel City Football Club Announces Charlotte’s Web as Team’s Official CBD Partner
DENVER and LOS ANGELES - Angel City Football Club (ACFC) announced Charlotte's Web Inc. as the team's Official CBD Partner. The partnership with the pioneer of the CBD industry—known as The World's Most Trusted Hemp ...
PanXchange and NIHC Announce Partnership for Climate-Smart Agriculture
DENVER - PanXchange, the industry market structure solution and benchmark price provider for US hemp, and the Washington DC-based National Industrial Hemp Council of America announced that they have signed a memorandum of understanding (MOU) ...
US and Canadian Financial Analysts Abandon Canopy Growth Corporation; Stock Sinks To Record Low
TORONTO–Canopy Growth, Corp. (TSX: WEED) hit a new low on Monday as the Canadian stock market continued to fall, fueled by underperforming limited partnerships and pessimistic market sentiment owing to inflation and rising interest rates. ...
