Legal Affairs
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
Legal Status of Cannabis in Europe
LOS ANGELES- A growing number of European countries now permit the use, cultivation or sale of cannabis under regulated conditions, driven by evolving public policy and emerging economic opportunity. Germany legalized limited recreational use on ...
New Lawsuit Challenges Lottery Process for Kentucky Medical Cannabis Licenses
LOS ANGELES- A group of Kentucky-based applicants has filed a lawsuit arguing that the state’s lottery system for awarding medical cannabis licenses is unconstitutional and unfairly structured. The suit, filed on June 27 in Jefferson ...
Curaleaf Launches Hemp-Only Retail Store in Florida Following Cannabis Legalization Setback
LOS ANGELES- In the aftermath of Florida's unsuccessful bid to legalize recreational cannabis, Curaleaf Holdings, Inc. has inaugurated its first hemp-exclusive retail outlet, The Hemp Company, in West Palm Beach. This establishment offers hemp-derived THC ...
St. Louis Dispensary Chain Faces Lawsuit Over Unpaid Cannabis Product Invoices
LOS ANGELES- Curio Manufacturing, a cannabis supplier, has filed a lawsuit against Heya Missouri Holdings, alleging nonpayment for cannabis products valued at $61,126. The lawsuit claims that Curio shipped these products to Heya's three dispensary ...
California’s Cannabis Excise Tax Increase Sparks Industry Concerns
LOS ANGELES- Effective July 1, 2025, California's cannabis excise tax will rise from 15% to 19%, as mandated by Assembly Bill 195 signed in 2022. This adjustment, announced by the California Department of Tax and ...
Calgary Authorizes Cannabis Sales at Adults-Only Events
LOS ANGELES- Calgary City Council has approved amendments to the Business Licence Bylaw, permitting licensed cannabis retailers to operate temporary sales at adults-only events, such as festivals and outdoor shows. This decision aligns the city's ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
Legal Status of Cannabis in Europe
LOS ANGELES- A growing number of European countries now permit the use, cultivation or sale of cannabis under regulated conditions, driven by evolving public policy and emerging economic opportunity. Germany legalized limited recreational use on ...
New Lawsuit Challenges Lottery Process for Kentucky Medical Cannabis Licenses
LOS ANGELES- A group of Kentucky-based applicants has filed a lawsuit arguing that the state’s lottery system for awarding medical cannabis licenses is unconstitutional and unfairly structured. The suit, filed on June 27 in Jefferson ...
Akerna Announces Results of Annual Meeting of Stockholders
DENVER - Akerna Corp. (Nasdaq: KERN) announced today the results of its reconvened 2022 annual meeting of stockholders held Wednesday, May 25, 2022 at 9 a.m. Mountain Time with respect to all proposals described in ...
Curaleaf Expands New Jersey Adult-Use Sales to Edgewater Park Dispensary
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a international provider of consumer products in cannabis, will begin adult-use sales at its Edgewater Park, New Jersey dispensary on May 25. Located at 4237 ...
BREAKING: Rhode Island Becomes 19th State to Legalize cannabis for Adults
Providence, Rhode Island: Democratic Governor Dan McKee has signed legislation into law legalizing the personal use and licensed retail sale of cannabis to those age 21 or older. Provisions in the law permitting adults to ...
The Valens Company Continues to Expand Canadian Recreational Market Share in April
Kelowna, BC- The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of branded cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer ...
MariMed Receives Media Awards For “World’s Largest Cannabis Brownie” PR Campaign
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator, today announced its recent “World’s Largest Cannabis Brownie” public relations campaign has earned two of the most prestigious national communications awards for its effectiveness ...
Ayr Wellness Receives Approval to Begin New Jersey Adult-Use Retail Sales
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, announced that the New Jersey Cannabis Regulatory Commission approved the Company for adult-use cannabis sales in the Garden State. Ayr currently operates ...
Medical Cannabis Market is Estimated to Rise at a CAGR of 26.6%
ALBANY, N.Y. - The value of global medical cannabis market stood at US$ 8 Bn in 2018. The global market is likely to rise at a CAGR of 26.6% during the forecast period, from 2019 ...
Floyd Mayweather Jr. and Anderson Silva Promote Limitless X and its SMILZ CBD Brand at Abu Dhabi Exhibition
LOS ANGELES - Limitless X Inc., (OTCQB: BLAB), a creative and empowering lifestyle agency that has launched industry-leading products in the Dietary Supplements, Beauty and Skincare and CBD sectors, announced that combat sports legends Floyd ...
Curaleaf Appoints Tyneeha Rivers As Chief People Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that Tyneeha Rivers has been appointed to the role of Chief People Officer for ...
Verano Prevails in Nielsen Arbitration Dismissing All Claims
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), through its subsidiary, Verano Holdings, LLC, notified the U.S. District Court for the District of Colorado of its complete victory in arbitration regarding various frivolous RICO ...
Akerna Announces Further Adjournment of Annual Meeting of Stockholders
DENVER - Akerna Corp. (Nasdaq: KERN) announced that its 2022 annual meeting of stockholders has been further adjourned to Wednesday, May 25, 2022 at 9 a.m. Mountain Time with respect to all proposals described in ...
4Front Ventures Reports First Quarter 2022 Financial Results
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the first quarter ended March 31, 2022 ("Q1 2022"). All financial information is presented in ...
Canopy Growth Kicks Off Summer Weekends with New Product Line-Up
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), hemp, and cannabis device company, unveiled a line-up of new offerings across its premium brand portfolio – 7ACRES, Ace Valley, Deep Space and Doja. With select products releasing ...
MariMed Awarded Dispensary License in Ohio
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced today it had been awarded a provisional dispensary license by the Ohio Board of Pharmacy. MariMed won ...
Verano Announces the Opening of MÜV Ocala, the Company’s 47th Florida Location
CHICAGO- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of MÜV Ocala on Friday, May 20, the Company’s 47th Florida dispensary and 98th nationwide. MÜV Ocala, located at 3701 ...
Philip Sanford Joins Neptune Wellness Board of Directors as Audit Chair
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that Phil Sanford has joined the Neptune ...
IBC Takes Plunge Into the Metaverse With Cannaverse Technologies
NEW YORK - If living in the physical world has proven to be a little bit too much lately, InterContinental Beverage Capital (IBC), has officially partnered with Cannaverse Technologies (Cannaverstech™) to become its branding advisor ...
Impact Naturals’ Cannabidiol Products Demonstrate Strong Safety Data in Landmark Study
SAN DIEGO - The largest-scale consumer safety study to date shows orally ingested cannabidiol (CBD) is safe for daily consumption. Results from a comprehensive, 1000+ participant safety study sponsored by seventeen leading CBD companies, including ...
Akerna Announces Strategic Review and Organizational Changes
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 announces that it has engaged JMP ...
Ayr Wellness Announces Sale from Phoenix Cultivation Facility, Launch of STiX Pre-Roll Co. in Arizona
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator (MSO), announced that it has launched first sales from its Phoenix, Arizona cultivation facility. Concurrently, the Company announced the launch of ...
Harborside Inc. Acquires Full Ownership of Seaside, California Store
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, today announced that it reached an agreement on May 18, 2022 to acquire a further 50% ownership interest in its ...
Canopy Growth Announces Plan to Acquire Jetty Extracts
SMITHS FALLS, ON–Canopy Growth Corporation and Lemurian, Inc., a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements providing Canopy Growth, by way ...
Jushi Holdings Inc. Opens 32nd Retail Location Nationwide in Grover Beach
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced it is expanding its retail footprint in California with the opening of its 32nd retail location nationally and third ...
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 ...
