Legal Affairs
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Cybin CEO to Discuss Medical Innovation at Milken Institute Global Conference
LOS ANGELES- Cybin Inc. a neuropsychiatry company, announced that its Chief Executive Officer, Doug Drysdale, will participate in a panel discussion at the 28th Annual Milken Institute Global Conference. The panel, titled "The Global Landscape ...
Regulatory Advances Propel Global Medical Cannabis Market Growth
LOS ANGELES- The global medical cannabis market is experiencing significant growth, driven by regulatory reforms and increased acceptance of cannabis-based therapies. According to the "Medical Marijuana - Global Strategic Business Report 2025," the market was ...
Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually
LOS ANGELES- The United States' federal stance on cannabis exports is potentially costing the economy up to $10 billion each year, according to industry analyses. While domestic cannabis sales are projected to reach $35.3 billion ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Dallas Halts Enforcement of Voter‑Approved Cannabis Depenalization Charter
LOS ANGELES- Dallas city officials have suspended the enforcement of a charter amendment approved by 67 percent of voters in November, which decriminalized possession of up to four ounces of cannabis and prohibited arrests based solely ...
Würk Integrates DailyPay’s On‑Demand Pay into Payroll Platform
LOS ANGELES- Würk, a provider of payroll, human resources, and compliance software for highly regulated industries—including cannabis and gaming—has integrated DailyPay’s on‑demand pay service into its existing payroll platform. The integration enables Würk’s clients to ...
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 ...
Akerna Flash Report: 420 Cannabis Sales Reach $154.4 Million
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that April 20, 2022, ...
4Front Ventures Corp. Expands Brand Portfolio and California Reach
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (QTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of Island Global Holdings, Inc., a California based producer of pre-rolls, flower and ...
