Legal Affairs
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could ...
CMI Projects Double-Digit Expansion for Cannabis Testing Market
LOS ANGELES – A recent analysis from Custom Market Insights (CMI) forecasts the global Cannabis testing market to climb from $2.13 billion in 2025 to $11.15 billion by 2034, powered by a CAGR of 18%. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated ...
Cannabis Market Faces Inevitable Wave of Consolidations to Keep the Pace of Dynamics
LOS ANGELES – Viridian Capital Advisors' Chart of the Week painted a picture of a highly fragmented U.S. Cannabis industry, where the top five multi-state operators (MSOs) generated about $4.8 billion in revenue, equating to ...
Snoop Dogg’s Venture Firm Boosts UK Cannabis Clinic with £4.5M Investment
LONDON – Casa Verde Capital, co-founded by rapper Snoop Dogg, has pumped £4.5 million [$6 million] into Mamedica, the United Kingdom's dominant online provider of medical Cannabis prescriptions, in what stands as the biggest funding ...
Ohio Cannabis Sales Hit $3B Mark at Steady Pace of Recreational Expansion
COLUMBUS – New York may command the spotlight in East Coast Cannabis discussions, with its market posting $1 billion in sales through August of this year alone, but Ohio's program has methodically built a formidable ...
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Federal Hemp Overhaul Threatens Cannabis Seed Trade, Sparking Breeder Backlash
LOS ANGELES – A tucked-away clause in last month's federal spending package has upended the rules for Cannabis seeds, thrusting the U.S. genetics sector into uncertainty and prompting warnings from cultivators that prized strains could ...
CMI Projects Double-Digit Expansion for Cannabis Testing Market
LOS ANGELES – A recent analysis from Custom Market Insights (CMI) forecasts the global Cannabis testing market to climb from $2.13 billion in 2025 to $11.15 billion by 2034, powered by a CAGR of 18%. ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – The past fortnight delivered a surge of momentum across the U.S. Cannabis and Psychedelics sectors, where federal signals on coverage and equity met bold state actions on access and licensing. Operators navigated ...
Jushi Holdings Inc. Launches Newly Formulated Cannabis Infused Fruit Chews by Tasteology
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it has debuted its newly formulated vegan and gluten-free Tasteology Fruit Chews in Massachusetts and expects to roll out ...
Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today announced it has entered into a credit agreement to refinance its existing $350 million credit facility, extending the maturity date to ...
Jane Technologies Launches First-of-its-Kind iOS App for Cannabis Shopping
SANTA CRUZ, Calif, Jane Technologies, Inc. a cannabis industry e-commerce provider and creator of online cannabis marketplace, announced the launch of its new iOS app. The Jane app is the first of its kind, bringing ...
Germany to Legalize Recreational Cannabis Use
BERLIN– Chancellor Olaf Scholz's administration announced intentions to legalize cannabis on Wednesday, making Germany one of the first nations in Europe to do so. A foundational document on proposed legislation to oversee the restricted distribution ...
Hemp Tea Market to Reach $392.8 Million Globally, by 2031
PORTLAND, Ore. - Allied Market Research published a report, titled, "Hemp Tea Market by Distribution Channel (Online/Direct-to-Consumer, Convenience Stores, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global hemp tea ...
CBD and Anxiety: A better future for patients awaits?
Today we would like to highlight a very important pilot study done in Australia led by Orygen, about the use of CBD in treatment resistant anxiety in young people. The Cannabidiol Youth Anxiety Pilot Study(1) ...
Jushi Expects to Bring Clean Water to More than 3,000 People Across Six Countries
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), multi-state cannabis operator, announced it will fund seven different clean water projects in Gambia, India, Malawi, Senegal, South Sudan and Uganda, via its newly ...
Good Supply Cannabis Brand Reveals New Fall Flower Launches and Expands Distribution of High-Potency Products
TORONTO - 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 the expansion of Good Supply’s ...
The Future of Cannabis is in Clinical Trials
BOSTON–You may not be surprised by the following statement: The future of the cannabis industry will inevitably involve clinical research. So, what steps is the industry taking to keep up with the upcoming demands of ...
71% of Americans Believe Cannabis Legalization Improves the Economy
ST. LOUIS - As the U.S. battles economic uncertainty and the upcoming midterm elections loom, the majority of Americans (71%) believe that legalizing cannabis improves states' economies, according to a new report from Real Estate ...
What Comes Next In The International Cannabis Industry?
NEW YORK- In mid-July of this year, Skyquest released a report in which they forecast that the global cannabis market will attain a market size of $197.75 billion by 2028, at a CAGR of 32.04% ...
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.
SMITHS FALLS, ON, Oct. 25, 2022 Growth Corporation and Canopy USA, LLC Today announced that each of the Company and Canopy USA has filed an early warning report under National Instrument 62-103 - The Early ...
Canopy Growth to Fast Track Entry into the U.S. Cannabis Market
SMITHS FALLS, ONTARIO October 25, 2022 Canopy Growth Corporation today announced a strategy to accelerate its entry into the U.S. cannabis industry and unleash the value of its full U.S. cannabis ecosystem through the creation of ...
Study Reveals the Best and Worst Cities for a Cannabis Vacation
AUSTIN Travel information industry leader Upgraded Points just released new data revealing the best and worst U.S. cities for a 'Canna-cation,' including the most and least expensive cities to explore bud. The travel experts analyzed ...
Curaleaf Expands Brand Portfolio With Launch of Find™ Cannabis Flower
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of Find, a cannabis flower brand designed to provide consumers with high ...
The Worldwide Medical Marijuana Industry is Expected to Reach $40 Billion by 2028
Dublin - The medical marijuana market was valued at US$ 11,706.50 million in 2021 and is likely to reach value of US$ 40,027.59 million by 2028; it is estimated to grow at a CAGR of ...
United States Medical Cannabis Taxation Policy/Regulatory Report 2022
Dublin - This report focuses only on state taxation of medical cannabis. On the federal level, there is no excise tax on cannabis, as it is a controlled substance. Cannabis businesses must still pay income ...
Oldham Global and Project Wave: The Future of the International Cannabis Market
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx ...
The Worldwide Cannabis Industry is Projected to Reach $82.3 Billion by 2027
DUBLIN - The global cannabis market is estimated to be valued at USD 27.7 billion in 2022 and is projected to reach USD 82.3 billion by 2027, recording a CAGR of 24.3% in terms of value. The market is ...
Goodness Growth Holdings Commences Litigation Against Verano for unlawful termination of Arrangement Agreement
MINNEAPOLIS - Goodness Growth Holdings, Inc.(CSE: GDNS; OTCQX: GDNSF), announces that it has commenced an action in the Supreme Court of British Columbia against Verano Holdings Corp., seeking damages after Verano wrongfully terminated the share ...
AWH Commences Medical Operations in Pennsylvania
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator focused on bettering lives through cannabis, has announced the opening of its Scranton, Pennsylvania dispensary for medical patients only. Ascend ...
Hemp Environmental Control System Market Size to Reach USD 14.58 Billion by 2030
Newark - As per the report published by The Brainy Insights, the global hemp environmental control system market is expected to grow from USD 3.95 billion in 2021 to USD 14.58 billion by 2030, at ...
The Cannabis Cultivation Market Is Set To Grow At A 15% Rate Due To The Adoption Of Cannabis In Disease Treatment
LONDON - According to The Business Research Company’s research report on the cannabis cultivation market, adoption of cannabis for the treatment of chronic diseases is expected to propel the growth of the cannabis cultivation market ...
Ayr Wellness Introduces its National Portfolio of Brands to New Jersey Menus
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced the rollout of several brands from its national portfolio to the New Jersey market. New Jersey cannabis consumers can now ...
Green Thumb to Launch “RISE Express” Dispensaries in Florida
CHICAGO and VANCOUVER, British Columbia, Oct. 19, 2022 Green Thumb Industries Inc. (Green Thumb) Today announced plans to expand its medical retail footprint in Florida through a lease agreement with Circle K, the global convenience store ...
