Legal Affairs
Vireo Takes 86% Stake in Schwazze’s Convertible Notes in $62M Deal
DENVER – Vireo Growth Inc., a multistate Cannabis operator, has entered into definitive agreements to purchase about 86% of the senior secured convertible notes held by Medicine Man Technologies Inc., which operates as Schwazze, for ...
France Upholds Pesticide Ban, Guaranteeing Survival of the Bees
LOS ANGELES- Over the past decade, France has stood at the center of Europe’s fight to protect pollinators from the devastating effects of pesticides. In 2018, the nation became the first EU member to ban ...
OPINION: The People Have Spoken: It’s Time to End Federal Cannabis Prohibition (and Release the Epstein Files)
LOS ANGELES- With 87% of Americans supporting Cannabis legalization — and nearly 80% demanding the release of the Epstein files — public consensus on reform and transparency has never been stronger. The question now is ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Vireo Takes 86% Stake in Schwazze’s Convertible Notes in $62M Deal
DENVER – Vireo Growth Inc., a multistate Cannabis operator, has entered into definitive agreements to purchase about 86% of the senior secured convertible notes held by Medicine Man Technologies Inc., which operates as Schwazze, for ...
France Upholds Pesticide Ban, Guaranteeing Survival of the Bees
LOS ANGELES- Over the past decade, France has stood at the center of Europe’s fight to protect pollinators from the devastating effects of pesticides. In 2018, the nation became the first EU member to ban ...
OPINION: The People Have Spoken: It’s Time to End Federal Cannabis Prohibition (and Release the Epstein Files)
LOS ANGELES- With 87% of Americans supporting Cannabis legalization — and nearly 80% demanding the release of the Epstein files — public consensus on reform and transparency has never been stronger. The question now is ...
Convenience Store Operators Uniting to Fight Contraband Tobacco Problem Across Canada
ETOBICOKE, ON - Members of the Ontario Korean Businessman's Association (OKBA) and their national partner association, the United Korean Commerce & Industry Association of Canada (UKCIA), are combining resources to fight the negative impact illegal ...
Ovation Science Announces Participation at MJ Unpacked Conference
VANCOUVER, BC and LAS VEGAS, Sept. 27, 2022 Ovation Science Inc a topical and transdermal cannabis product development company with a patented skin delivery technology Invisicare®, today announced it will be participating and be taking new licensee meetings at ...
Former HubSpot General Counsel John Kelleher Joins Dutchie as General Counsel
BEND, Ore., Sept. 27, 2022 Dutchie today announced that John Kelleher will serve as Dutchie's new general counsel. Kelleher will help to guide Dutchie's culture and growth, with a specific focus on compliance, governmental affairs ...
TRP Opens the first dispensary in los Angeles Brentwood Area with Owith Cookies Brentwood
LOS ANGELES, Sept 27, 2022 TRP continues their nationwide expansion on their home turf, as TRP announces Cookies Brentwood is now open and serving one of Los Angeles' most exclusive and picturesque neighborhoods on San Vicente Boulevard. In an industry ...
The Parent Company Completes the Acquisition of Calma
SAN JOSE - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has acquired the remaining 15% equity of its Calma Weho LLC dispensary following receipt ...
Cannabis Beverages Market to Reach USD 19,063.58 Million by 2028 At a CAGR 54.31%
Pune, India - The global cannabis beverages market size was USD 574.90 million in 2020. The market is slated to grow from USD 915.06 million in 2021 to USD 19,063.58 million in 2028 at a ...
TerrAscend and TRP Announce Partnership To Bring Global Cannabis Brand Cookies Into Pennsylvania Market
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has entered into an agreement with TRP - the cannabis holding and operating company with the exclusive rights to ...
Village Farms International Recognized for Canadian Cannabis Business
VANCOUVER, BC, Sept. 26, 2022 Village Farms International, Inc. today announced its wholly owned subsidiary, Pure Sunfarms, ranked as the 17th fastest growing company by the Globe and Mail's Report on Business, which named Canada's Top Growing Companies across all ...
Charlotte’s Web Signs Distribution Agreement with Southern Glazer’s Wine & Spirits
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. has signed a multi-year distribution agreement with Southern Glazer's Wine & Spirits, the distributor of wine and spirits. Charlotte's Web CBD gummies, capsules and oil ...
Cannabis Extraction: Global Markets
New York - The scope of this report is limited and covers global markets for cannabis extraction equipment and services only. The market is divided by equipment, services, methods and region. Projected and forecasted market ...
Global Legal Cannabis Market Analysis Report 2022: A $134.4 Billion Industry by 2030, Growing at a CAGR of Over 25%
Dublin - The global legal cannabis market size is expected to reach USD 134.4 billion by 2030 and is expected to expand at a CAGR of 25.3% from 2022 to 2030 The increased legalization across ...
Canadian Centre on Substance Use and Addiction Looks Forward to Federal Cannabis Act Review
OTTAWA - The Canadian Centre on Substance Use and Addiction (CCSA) welcomes the planned federal cannabis review and looks forward to opportunities to contribute evidence on public health, public safety and equity. This evidence is ...
Trulieve Launches Khalifa Kush Cannabis in Florida Through Exclusive Partnership with Wiz Khalifa
TALLAHASSEE, Fla., Sept. 26, 2022 Trulieve Cannabis Corp. a cannabis company in the United States, today announced the official launch of Khalifa Kush premium medical cannabis products in select Florida retail locations this Saturday, October 1. This is an exclusive partnership ...
RIV Capital Reminds Shareholders to Vote FOR its Board Nominees
TORONTO, Sept. 26, 2022 /CNW/ - RIV Capital Inc. an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic markets across the United States, reminds shareholders ...
Unity Rd.’s Chief Franchise Officer to Present at 2022 Springboard Event
PHOENIX, Sept. 22, 2022 Unity Rd, a national cannabis dispensary franchise in the U.S., announced today that it will be representing the cannabis space at the 2022 Springboard Event during a panel discussion on mergers and acquisitions. ...
Leafythings launches Retailer Support Program to help struggling Ontario Cannabis Store businesses.
TORONTO, Sept. 22, 2022 Unfortunately due to the rise of cannabis store closures on the horizon in the Ontario cannabis marketplace, Leafythings has discovered the lack of an efficient orderly closure program existing for struggling ...
Notiphy Announces Key Leadership Appointments
CHICAGO, Sept. 22, 2022 Notiphy, a cloud-based work execution and intelligence software for the cannabis and manufacturing sectors, announced two key leadership appointments. Notiphy has added Laurie Parfitt as Chief Marketing Officer and Kerry Jordan ...
Halo Collective Completes Acquisition of Premium Indoor Grow and Distribution Hub in Portland, Oregon
TORONTO, Sept. 22, 2022 Halo Collective Inc. today announced, further to its press release dated August 27, 2021, that it has completed the acquisition of all of the substantial assets of three operating entities doing ...
Canada: Nearly One-in-Ten Cannabis Consumers Engage in Home Cultivation
TORONTO– According to statistics from the journal Addictive Behavior Reports, 10% of Canadian cannabis consumers say they grow their own cannabis at home. Prior to and after adult-use marijuana was legalized in 2018, Canadian researchers ...
Analysis: Incidences of Acute Cannabis-Induced Psychosis Are Uncommon
LAUSANNE, SWITZERLAND: According to research published in the journal Translational Psychiatry, acute psychotic episodes are only sporadically brought on by cannabis use in patients who do not already have a psychiatric disorder. A multidisciplinary group ...
Study: Artisanal CBD-Rich Extracts Show Long-Term Efficacy in Children with Epilepsy
TEL AVIV–(NORML) According to findings published in Pediatric Neurology, long-term treatment with plant-derived CBD extracts is effective for children with refractory epilepsy. Israeli researchers evaluated the efficacy and safety of artisanal CBD-rich extracts in a ...
Aurora Cannabis Delisted From Toronto Stock Exchange
TORONTO: According to the most recent quarterly review made public by S&P Dow Jones Indices, Aurora Cannabis, based in Edmonton, Alberta, has been eliminated from the S&P/TSX Composite Index. The main indicator for Canadian firms ...
New York State Regulators Finalize Cannabis Home Cultivation Rules
NEW YORK – Following the implementation of regulations by state officials, qualified patients and their designated caregivers can start growing cannabis at home the following month. The state now permits registered patients and caregivers to ...
Government of Canada Launches Legislative Review of the Cannabis Act
OTTAWA, ON - Today, the Honourable Jean-Yves Duclos, Minister of Health, and the Honourable Carolyn Bennett, Minister of Mental Health and Addictions and Associate Minister of Health, announced the launch of the legislative review of ...
Global Cannabis Extract Market Report 2022: Elimination of the Black Market Through the Legalization of Medical Cannabis Drives Growth
Dublin - The global cannabis extract market size is expected to reach USD 15.5 billion by 2030. according to this report, it is expected to expand at a CAGR of 20.6% over the forecast period. ...
