Legal Affairs
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
High Tide Reports Q1 Revenue
LOS ANGELES- High Tide Inc. a Canadian cannabis retailer, announced its financial results for the first quarter ended January 31, 2025, reporting revenue of CAD 142.5 million, an 11% increase from the same period last ...
MindMed Appoints Matt Wiley as Chief Commercial Officer
LOS ANGELES-Mind Medicine (MindMed) Inc. a biopharmaceutical company specializing in brain health disorders, has announced the appointment of Matt Wiley as Chief Commercial Officer (CCO). In his new role, Mr. Wiley will oversee MindMed's ...
Missouri’s Cannabis Industry Experiences Significant Growth
LOS ANGELES- Since legalizing recreational cannabis in 2022, Missouri has rapidly emerged as a prominent player in the cannabis market. The state now ranks as the seventh-largest in cannabis sales, surpassing states with larger populations ...
Silly Nice Collaborates with Cannabis Justice & Equity Initiative to Promote Social Equity in New York’s Cannabis Industry
LOS ANGELES- Silly Nice, a Black and Veteran-owned cannabis brand based in Harlem, has partnered with The Cannabis Justice & Equity Initiative (CJEI) to support communities disproportionately affected by past cannabis prohibition. This collaboration focuses ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
Cannabidiol Market to hit USD 56.2 Billion by 2028, Says Global Market Insights Inc.
Selbyville, Delaware - The cannabidiol market value is projected to cross USD 56.2 billion by 2028, according to a new research report by Global Market Insights Inc. Increasing utility of cannabidiol in the pharmaceutical industry ...
The Valens Company Reports First Quarter Fiscal 2022 Financial Results
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to report its first quarter fiscal year 2022 financial results for the period ended February 28, 2022. ...
Curaleaf’s Select Brand Celebrates 4/20 With Limited-Edition Cliq Elite Live Strain in California
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a international provider of consumer products in cannabis, announced that its Select brand has partnered with Los Angeles based artist James Haunt for the ...
Study: Psilocybin Rewires Brain Connections To Help Alleviate Depression
SAN FRANCISCO-According to a new study by experts at UC San Francisco and Imperial College London, psilocybin promotes stronger connections between different parts of the brain in depressed people, liberating them from long-held patterns of ...
HEXO Enters Into Definitive Agreement With Tilray Brands to Create a Strategic Alliance
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of high-quality cannabis products, announced that the Company has taken a significant step forward in executing on its strategic plan - The Path Forward ...
Jushi Holdings Inc. Issues Statement on the Commonwealth of Virginia Removing Patient Registration Process Requirement
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCMKTS: JUSHF), a multi-state cannabis operator, issued the following statement on the Commonwealth of Virginia removing the medical patient registration process requirement. Statement from Jushi Holdings ...
Akerna Flash Report: 420 Is Predicted to Bring In Over $130 Million in Legal Cannabis Sales
DENVER - Akerna (Nasdaq: KERN), a enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, predicts that U.S. cannabis shoppers will ...
New Article from RAVE Reviews Reveals the Top CBD Stores in the Southwest
CHATTANOOGA, Tenn. - RAVE's Top 30 CBD Stores in the Southwest is a comprehensive directory to the best CBD shops in Arizona, Texas, New Mexico, and Oklahoma. The Southwestern United States is booming when it ...
Curaleaf Signs Agreement with WB Canna Co. & Wellness
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) an international provider of consumer CBD and hemp products, today announced that its Select CBD and Curaleaf Hemp products will become available for the first ...
Holistic Health Expert Disrupting Hemp Industry
CHICAGO - Thousands of people in search of alternative therapies have recently discovered the therapeutic benefits of Nesas Hemp, the full-spectrum CBDa hemp extract. Created by Inesa Ponomariovaite, Nesas Hemp is one of the few ...
The Much-Anticipated Green Street Cannabis Festival Suffers Major Setback
LOS ANGELES- Green Street is a marketing agency in LA focussed on cannabis. They had high hopes of their Green Street Festival becoming the “SXSW of weed,” but the city of Los Angeles has interrupted ...
Pelorus Equity Group Closes Second and Final Tranche of US$77.3M Debt Financing with Harborside
NEWPORT BEACH, Calif. - Pelorus Equity Group, the provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced the completion of its second and final tranche of ...
Green Thumb to Open RISE Mankato, Its 77th Retail Location in the Nation
CHICAGO and VANCOUVER - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, announced it will open RISE Mankato on April 14. ...
Verano Founder and Chief Executive Officer Share Celebratory Comments on New Jersey Cannabis Regulatory Commission’s Approval of Personal Use Cannabis Sales
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today shared executive commentary applauding the New Jersey Cannabis Commission’s approval of personal use cannabis sales in the state. Verano is the ...
Monday: Cannabis Capital Markets: Roundup
NEW YORK- Many cannabis investors are waiting for legalization in the United States to act as a catalyst. The stock market is volatile as progress toward that aim ebbs and flows, and investors keep an ...
New Report: 66% of Americans Would Purchase Cannabis in Germany
FRANKFURT, Germany - The "green rush" in Europe has commenced, and Americans are ready to invest their time, travel plans and money into the cannabis market across the pond, according to a new study. Today, Bloomwell ...
Hoodie Delivers Cannabis Industry’s First Next-Day Market Insights, Closes Inaugural Funding
CHICAGO—Hoodie Analytics (Hoodie), a U.S. based cannabis data and technology firm delivering insights into market performance and competitive intelligence, announced today the close of its inaugural round of fundraising at an undisclosed amount, along with ...
DEA Acknowledged Cannabis Seeds, Tissue Cultures, and Genetic Material Do Not Fall Under the Controlled Substances Act
LOS ANGLES–The Drug Enforcement Administration (DEA) has agreed that cannabis seeds are considered hemp under the 2018 Farm Bill if they don't exceed the 0.3 percent THC standard. This came from a response to a ...
First Phase-Dependent Water-Soluble Powders Set to Disrupt the Commercial Cannabis Market
LOS ANGELES - Advanced Nutrients' innovation enables commercial growers to maximize economies of scale while improving the ROI of every run. It's called the Sensi Professional Series, the only water-soluble powder base nutrient system that ...
TerrAscend & Cookies Partner to Open Third Cookies Dispensary in Michigan
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary, Gage Cannabis Co., will open a Cookies dispensary in Ann Arbor and host a grand opening celebration on ...
After Officials Relaxed Laws 6 Canadian Terminal Cancer Patients Received Psilocybin
TORONTO - Under new guidelines governing access to psilocybin, the hallucinogenic component found in "magic" mushrooms, six terminally ill cancer patients in Canada got the country's first legally produced psilocybin. Over the weekend, the patients ...
MariMed Files Preliminary Non-Offering Prospectus And Applies For Dual Listing on Canadian Securities Exchange
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced that it has filed a preliminary non-offering long form prospectus with the securities regulatory authorities in ...
Charlotte’s Web Celebrates CBD Industry’s 1st Decade With its New “Charlotte Figi Family Grant Program”
DENVER - This week represents one decade since the seven Stanley brothers helped launch the CBD industry from Colorado. Per proclamation by Governor Jared Polis in 2020, following the unfortunate passing of Charlotte Figi, today ...
Akerna’s MJ Freeway Consulting Team Adds New Jersey to Its List of Clean Sweep States
Akerna's consulting team has a 100% success track record in assisting clients on licensing applications in four states, with additional wins in more than a dozen other states DENVER, April 7, 2022 /PRNewswire/ -- Akerna ...
Enveric Biosciences Reports Full-Year 2021 Financial Results and Provides Business Update
NAPLES, Fla.,- Enveric Biosciences Inc. (NASDAQ: ENVB) a neuroscience-focused biotechnology company developing next-generation, psychedelic-inspired mental health medicines, today reported its financial results for the full year ended December 31, 2021, and provided a business update. "2021 was a foundational ...
