Legal Affairs
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Thailand Moves to Restrict Cannabis Use to Medical Purposes Within 40 Days
LOS ANGELES- Thailand's Public Health Minister, Somsak Thepsutin, has announced plans to implement regulations within 40 days that will restrict cannabis use to medical purposes only. Under the forthcoming rules, both Thai nationals and foreigners ...
The Cannabist Company Receives Court Approval for Corporate Restructuring Plan
LOS ANGELES- The Cannabist Company Holdings Inc. a U.S.-based cannabis cultivator, manufacturer, and retailer, has obtained final approval from the Ontario Superior Court of Justice (Commercial List) for its previously announced Plan of Arrangement under ...
Canada’s Legal Cannabis Market Forecasted to Reach $5.79 Billion by 2030
LOS ANGELES- Canada's legal cannabis industry is projected to expand significantly over the next five years, with market size estimates reaching USD 5.79 billion by 2030, up from USD 3.25 billion in 2024. This growth ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Verano Announces First Quarter 2022 Financial Results
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced its financial results for the first quarter ended March 31, 2022, which were prepared in accordance with U.S. Generally Accepted Accounting ...
Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries, LLC (“Herbal Remedies”), an operator of two licensed retail ...
Verano Celebrates Opening of Zen Leaf Dispensary in Arizona
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the grand opening of the Company’s largest dispensary in Arizona, Zen Leaf North Phoenix, located at 12401 North Cave Creek Road ...
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 ...
