Legal Affairs
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
AYR Wellness Announces Management Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced that Chief Financial Officer Brad Asher has resigned, effective March 23, 2025. The company's board has appointed Donna Granato as Interim CFO, effective immediately. ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Cannabis Stocks Decline as Federal Reform Stalls in U.S
LOS ANGELES- U.S. cannabis stocks have declined sharply as investor enthusiasm dampens amid continued delays in federal reform. The AdvisorShares Pure US Cannabis ETF dropped around 48% in 2024, with company shares like Curaleaf, Verano, ...
AYR Wellness Secures Temporary Waiver in Financing Deal
LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
MariMed Strengthens Executive Leadership Team
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced the appointment of Jon Levine to the new role of Chief Administration Officer and the appointment ...
Ayr Receives Final License to Sell Adult-Use Cannabis in Back Bay
Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission has granted a final license for the sale of adult-use cannabis at its AYR Back Bay ...
Clever Leaves Reports First Quarter 2022 Results
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the first quarter ended March 31, 2022. All ...
LIM College Business of Cannabis Degree Programs Announce “All-Star” Faculty for Fall 2022 Start
NEW YORK - In advance of the September start of its bachelor's and master's degree programs in The Business of Cannabis, LIM College has added some of the cannabis industry's best-known leaders to its faculty. ...
Cannabis Community Creates Social Impact During Asian Pacific American Heritage Month Through STIIIZY Joint Efforts
LOS ANGELES - STIIIZY, the #1 cannabis retailer in California and flagship brand of Shryne Group Inc., presents its "Joint Efforts" social impact program during Asian Pacific American Heritage Month. Founded during the pandemic last ...
TerrAscend Appoints Lynn Gefen as Chief Legal Officer
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, today announced the appointment of Lynn Gefen as Chief Legal Officer and Corporate Secretary effective May 23, 2022. Ms. Gefen brings more ...
Chris Beals of Weedmaps & Nick Kovacevich to Headline CWCBExpo New York
NEW YORK - Chris Beals and Nick Kovacevich, will be featured speakers in the “In Conversation with…” series at CWCBExpo New York, taking place June 2-4 at the Javits Center. CWCBExpo is the East Coast’s ...
HEXO To File Management Information Circular
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) , a producer of quality cannabis products, today announced that, on or about May 16, 2022, the Company expects to file a management information circular in ...
Goodness Growth Holdings Announces First Quarter 2022 Results
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, reported financial results for its first quarter ended March 31, 2022. All currency figures referenced in this ...
Harborside Inc., Announces New California Store Openings in San Francisco and La Mesa
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced it opened two new retail stores in California, bringing its total retail store count to 13. In addition, ...
Curaleaf Names Matt Darin CEO
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced that Matt Darin will become Chief Executive Officer of Curaleaf Holdings, Inc., effective today, ...
Kona Gold Beverage Launches Sparkling Ooh La Lemin Lemonades in Wisconsin
Melbourne, FL - Kona Gold Beverage, Inc. (OTC Pink: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, announce the Company’s sales team, along with its ...
Cronos Group Reports 2022 First Quarter Results
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 first quarter business results. “I founded Cronos because of the once-in-a-lifetime opportunity to help build and shape an industry that has the potential ...
MariMed Reports First Quarter 2022 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial results for the first quarter ended March 31, 2022. “I am very pleased with our ...
Curaleaf Reports First Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, reported its financial and operating results for the first quarter ended March 31, 2022. All financial information ...
Global Cannabis Products Market Report 2022-2030
DUBLIN - The "Cannabis Products Global Market Report 2022: By Product, By Usage, By Compound, By Route" report has been added to ResearchAndMarkets.com's offering. The global cannabis products market is expected to grow from $28.0 ...
Akerna Announces Financial Results for First Quarter 2022
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for ...
Curaleaf Expands Retail Presence in Florida with Three New Dispensaries
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open three new dispensaries in Florida over the coming weeks. Curaleaf's latest expansion will ...
California Needs to Eliminate Cultivation Tax So Legal Cannabis Can Compete With the Illicit Market
California could increase legal cannabis sales and bring in 123% more in total monthly cannabis-related tax revenue by 2024 by eliminating its cultivation tax, according to a new study by Reason Foundation, Good Farmers Great ...
Verano Opens MÜV Fort Myers Beach, Company’s 46th Florida Location
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Fort Myers Beach, the Company’s 46th Florida location and 97th nationwide, on Friday, May 6. MÜV Fort ...
Cannabis Products Global Market Report 2022
Dublin - The "Cannabis Products Global Market Report 2022: By Product, By Usage, By Compound, By Route" report has been added to ResearchAndMarkets.com's offering. The global cannabis products market is expected to grow from $28.0 ...
Acreage Holdings Reports First Quarter 2022 Financial Results
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the first quarter ended March 31, ...
Cannabis-Related Tax Revenue Surpasses Alcohol in Legal Cannabis States
Washington, DC: Legal cannabis states generated more revenue from retail cannabis sales than they did from alcohol sales, according to data provided by the Institute on Taxation and Economic Policy (ITEP). According to ITEP’s analysis, legal states in ...
Calexo Launches Watercolors, a New Line of Cannabis-Infused Sparkling Waters
LOS ANGELES - California lifestyle brand Calexo is delighted to announce the launch of Watercolors, a new collection of cannabis-infused sparkling waters and an accompanying streetwear apparel line. Made with sparkling water, natural flavors, and ...
MariMed Closes Acquisition of Illinois Craft Cannabis License
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced it has closed its acquisition of Green Growth Group, Inc. The close of this transaction enables ...
