Legal Affairs
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Green Thumb Industries Reports First Quarter 2022 Financial Results
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today reported its financial results for the ...
Legal Cannabis Market to Hit USD 48.3 Billion by 2028
WASHINGTON - Vantage Market Research’s recent analysis of the Global Legal Cannabis Market finds that Growing adoption of cannabis for treatment of chronic pain, increasing awareness about the positive effects of CBD for the treatment ...
Ayr Wellness Announces Brand Launches in Massachusetts and Ohio
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced it has expanded its extensive product portfolio available in Massachusetts with the addition of its premium flower brand, Kynd, ...
Industrial Hemp Market To Hit Record Revenue of $60,682.8 Million by 2030
NEW YORK - The global industrial hemp market was found to be valued at $4,452.0 million in 2021, which is projected to reach a huge $60,682.8 million by 2030, increasing at a massive CAGR of ...
Why Are Consumer Insights So Important in Marketing Cannabis?
Why do you need consumer insights?...One reason is because with consumer insights, you can shoot down your competition. Understanding your consumer’s needs and wants is essential to ensure your cannabis company is future-proof. Listening empowers ...
New Jersey Cannabis Market: Off To A Strong Start
TRENTON- The unofficial holiday for pot smokers is April 20, but April 21 will be the official day of celebration for New Jersey's legal cannabis sector. Adult-use cannabis sales are now legal in New Jersey ...
Acreage Expands Adult-Use Retail Operations in Maine and Closes Sale of Cultivation and Processing Facility in Oregon
NEW YORK - Acreage Holdings, Inc. (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced it has completed the sale of its cultivation and processing ...
HEXO Launches New At-the-Market Offering
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) announced that it has established an at-the-market equity program that allows the Company to issue and sell up to US$40,000,000 (or its CAD dollar equivalent) of ...
Verano Receives Permission to File U.S. GAAP Financials on SEDAR and Withdraws MCTO Application
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced it has received a decision from the Alberta Securities Commission and Ontario Securities Commission permitting the Company to file on the ...
Green Thumb Industries Announces Internet Availability of Proxy Materials for its 2022 Meeting of Shareholders
Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today announced the internet availability of proxy materials for its 2022 Annual General ...
Curaleaf’s Select Brand Expands CBD Offerings With Launch of Select CBD Bites
Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the expansion of Select's CBD line with the launch of Select CBD Bites. Available across the U.S. ...
Curaleaf Opens Two New Florida Dispensaries in Pembroke Park and Englewood
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced plans to open two new dispensaries in Florida. Curaleaf Pembroke Park (2900 Country Club Ln.) ...
Harborside Inc. Announces Conversion of US$5.87 Million Promissory Note to Equity
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that a promissory note in the amount of US$6.23 million, which includes principal, interest and fees, has been repaid ...
Verano Announces Opening of MÜV Hobe Sound
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Hobe Sound, the Company’s 45th Florida location and 96th nationwide. MÜV Hobe Sound, located at 10455 SE ...
HEXO Announces Leadership Transition, Appoints Chief Executive Officer and Chief Financial Officer
GATINEAU, Quebec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) today that Charlie Bowman has been appointed the Company’s acting President and Chief Executive Officer, effective today. Mr. Bowman will move into a permanent role upon ...
Ayr Wellness Opens 46th Florida Dispensary in Tampa
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced the opening of its 46th Florida dispensary, located in southern Tampa. The new dispensary encompasses ~3,000 square feet of ...
Global CBD Gummies Market Report 2022-2028
Dublin - The "CBD Gummies Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. The CBD gummies market was valued at US$ ...
MariMed Completes Acquisition of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD) , a multi-state cannabis operator focused on improving lives every day, announced it completed the acquisition of Kind Therapeutics U.S.A., LLC, a cannabis business in Maryland. The Maryland ...
Harborside Inc. Reports Fourth Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc. (CNSX: HBOR), (OTCQX: HBORF), a California-focused, cannabis enterprise, filed its audited annual financial statements and management's discussion & analysis for the twelve months ended December 31, 2021 under ...
TerrAscend Promotes Jodie Lampert to SVP of Human Resources
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the promotion of Jodie Lampert as Senior Vice President of Human Resources. Lampert previously served as Vice President of Human Resources ...
New Generation of Cannabis Seed Ensures Quality, Consistency, and Uniformity for Commercial Growers
PORTLAND, Ore. - Modern crop science company Phylos®, is providing a long-awaited solution for commercial growers looking for uniformity, input reduction, and risk mitigation for large-scale cannabis and hemp production — highly-optimized production-ready F1 hybrid ...
Verano Announces 2021 Fourth Quarter and Full Year U.S. GAAP Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its 2021 financial results which were prepared in accordance with U.S. Generally Accepted Accounting Principles. For comparisons, financial results for the ...
Green Thumb Industries Announces Second Round of Good Green Grant Recipients
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, today announced the second group of nonprofit ...
Clever Leaves Germany GmbH Becomes a Fully Licensed Medical Cannabis Distributor in Germany
BOCA RATON, Fla. and HAMBURG, Germany - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced that its affiliate in Germany, Clever Leaves Germany GmbH, has received ...
Canopy Growth Announces Cost Reduction Actions to Accelerate Path to Profitability
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced that the Company is undertaking a series of initiatives to reduce costs and drive efficiency in order ...
