Legal Affairs
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
Cybin Partners with Thermo Fisher for U.S. Manufacturing
LOS ANGELES- Cybin Inc. a neuropsychiatry company, has announced a collaboration with Thermo Fisher Scientific to support the Phase 3 clinical supply and potential commercial manufacturing of CYB003, its proprietary deuterated psilocin analog, for the ...
Rubicon Organics Appoints Glen Ibbott as Interim CFO
LOS ANGELES- Rubicon Organics Inc. a Canadian producer of certified organic cannabis products, has appointed Glen Ibbott as Interim Chief Financial Officer, effective May 15, 2025. This leadership change follows the departure of Janis Risbin ...
TILT Holdings Reports First Quarter 2025 Financial Results
LOS ANGELES- TILT Holdings Inc. announced its financial results for the first quarter ended March 31, 2025, reflecting a year-over-year revenue decline and continued strategic realignment towards its Jupiter inhalation technology business. Financial Performance The ...
High-Paying Roles in the Cannabis Industry
LOS ANGELES- As the cannabis industry continues its expansion across the United States, it presents a variety of high-paying career opportunities. Positions such as cultivation directors, compliance officers, and extraction technicians are in demand, offering ...
Hemp Fiber Market Set to Soar to $30 Billion by 2033, New Analysis Reveals
LOS ANGELES – The global hemp fiber market is poised for explosive growth, with a recent analysis forecasting a valuation exceeding $30 billion by 2033. According to a report by Astute Analytica, the market, valued ...
Turkish Parliament Legalizes Medical Cannabis Sales
ANKARA – In a pivotal decision, the Turkish Parliament has passed a groundbreaking law establishing the controlled sale of low-THC medical cannabis products in licensed pharmacies, representing a transformative shift in the nation's healthcare system. ...
ANALYSIS: Germany’s Dual Medical Cannabis Market: A Tale of Two Systems
BERLIN- Since legalizing medical cannabis in 2017, Germany has built one of Europe’s most advanced frameworks for patient access. But today, two distinct markets dominate the scene: the slower-growing, regulated reimbursed segment and the dynamic, ...
Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. announced that Curaleaf International Holdings Limited, the company's European holding company, has signed a definitive agreement to acquire a 55% stake in Four 20 Pharma GmbH, a EU-GMP & GDP ...
Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc., brokers in the sales and marketing of specialty, natural, ...
Jushi Holdings Inc. Settles Lawsuit with Large Multi-State Operator
BOCA RATON, Fla., - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that it entered into a confidential settlement agreement with Curaleaf Holdings, Inc. and with Jushi’s former Chief Financial Officer, ...
MariMed Reports Second Quarter 2022 Earnings
NORWOOD - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. “We executed on our ...
WWE Superstar Bill Goldberg Launches Partnership With CBD Wellness Brand Gallant and Hemp2lab
NEW YORK - Bill Goldberg, WWE Hall of Famer is making the transition from the squared circle to the wellness mat. Goldberg is redefining himself through his partnership with Hemp2Lab to launch a new wellness ...
Curaleaf Reports Second Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended ...
$17.24 Billion Global Industrial Hemp Market Size Rise at +16.9% CAGR by 2028
NEW YORK, United States - Facts and Factors has published a new research report titled “Industrial Hemp Market By Application Prospects (Paper, Personal Care, Automotive, Textiles, Food & Beverages, Animal Care, Furniture, Construction Materials, and ...
Ice Cream Legends Emack & Bolio’s Team Up With MariMed To Launch THC-infused Ice Cream
BOSTON– MariMed, a multi-state cannabis operator focused on health and wellness, announced a joint collaboration with Boston ice cream brand Emack & Bolio’s to create a line-up of cannabis-infused vegan and dairy ice cream in ...
COMPASS Pathways Announces Q2 2022 Financial Results and Business Highlights
LONDON, UK– COMPASS Pathways plc (Nasdaq: CMPS), a health care company dedicated to accelerating innovation in mental health, today reported its financial results for the second quarter 2022 and gave an update on recent progress ...
Canopy Growth Corporation Reports First Quarter Fiscal Year 2023 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter ended June 30, 2022. All financial information in this press release is reported in Canadian ...
MSO Green Thumb Industries Q2 2022 Results Beats Top and Bottom Lines
CHICAGO and VANCOUVER, BC– Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the second quarter ended ...
Kenya Presidential Wildcard Vows to Erase Debt with The ‘Ganja Solution’
NAIROBI- George Wajackoyah, (main image) a reggae enthusiast and presidential contender, believes he has the cure for the problems plaguing Kenya's voters: a dose of cannabis and some hyena testicles. The richest nation in East ...
MariMed and Emack & Bolio’s Launch New Line-Up of Cannabis Infused Ice Creams
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), announced the availability of a new and scrumptious cannabis-infused ice cream. MariMed collaborated with the legendary Boston ice cream brand Emack & Bolio’s® to develop and ...
Ayr Wellness Brings Cannabis Brand LIT To Massachusetts
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has expanded its extensive branded-product portfolio with the flower brand, LIT. LIT originally launched in Nevada, produced by ...
PharmaCielo Announces First Shipment to Mexican Joint Venture Partner
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced its first shipment of ...
The Valens Company Announces Results of Annual General Meeting of Shareholders
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) a manufacturer of cannabis products, today announced the voting results from its Annual General Meeting of Shareholders, held by way of live audio webcast ...
Global CBD Market Report 2022: Featuring Key Players Canopy Growth Corporation, High Tide, Aurora Pharmaceutical & others
Dublin - In 2021, the global CBD market was valued at US$4.20 billion. The market is projected to reach US$12.64 billion by 2026.The growing regulatory approvals is a major driver of the market. The CBD ...
Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages
NEW YORK - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced that Fresh Hemp ...
Green Thumb Industries Reports Second Quarter 2022 Results
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for ...
Canadian Cannabis Company Tilray Posts $434 Million Net Loss for 2022
NEW YORK- Canadian cannabis and alcoholic beverage firm, Tilray Brands, revealed financial losses of $457.8 million for the third quarter and $434 million for the full 2022 fiscal year. This is in contrast to their ...
Three English Held Over California Cannabis Imports Into Britain
BLACKPOOL, ENGLAND- Police confiscated cannabis products that were sent from the United States, from California, and three English citizens were detained as a result. Three searches were conducted in Blackpool, a well-known tourist destination in ...
NCRPS Acquires Wholesale Rights to the MG Payments E-wallet, Mobile Banking and POS Solution
DURANGO, Colo. - National Cannabis Risk Prevention Services (NCRPS) has agreement with MG Payment LLC to acquire the wholesale/re-sale rights its e-wallet, mobile banking, and point of sale cannabis payment processing platform. The acquisition will ...
CBD Vape Oil Market Size, Share, Growth and Forecast, 2028
Pune - The latest global CBD Vape Oil Market research report 2022 provides detailed information about the market overview, modern trends, demand, and recent development affecting the market growth during the upcoming year. CBD Vape ...
The Unfulfilled Promised of California’s Cannabis Market
SACRAMENTO–It’s been 6 years since Proposition 64 in 2016, made cannabis usage for recreational purposes legal in California. California had become overrun with cannabis due to lax restrictions on the purchase of authorized medicinal cannabis ...
International Cannabis Business Conference Berlin 2022 – 6 Smart Money Takeaways From a Management Consultant
BERLIN- Every year ICBC Berlin promises to be Europe’s biggest and most influential cannabis business conference. Having attended this event annually, I can confidently proclaim that ICBC Berlin 2022 surely hit the mark! Spurred by ...
