Legal Affairs
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its Cannabis sector for economic relief, the Lebanese government established a dedicated committee to regulate the cultivation and sales of Cannabis under a long-dormant 2020 law. ...
Verano Shareholders Approve Corporate Home Relocation to Nevada
CHICAGO – Verano Holdings Corp. secured strong backing from investors to move its parent company's legal base from British Columbia, Canada, to Nevada. The approval came during a special shareholder meeting, clearing a key hurdle ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
Germany’s Medical Cannabis Imports Hit Record in Q2 2025, Sparking Debate Over Misuse
BERLIN – Germany’s medical Cannabis market continues to set records, with imports reaching 43.3 tons in the second quarter of 2025, according to data from the Federal Institute for Drugs and Medical Devices (BfArM). This ...
Cresco Labs Strengthens Financial Position with $325 Million Senior Secured Term Loan Refinancing
CHICAGO – Cresco Labs Inc. announced the closing of a significant refinancing transaction, marking a strategic move towards long-term balance sheet stability. The company successfully replaced its previous $360 million senior secured credit facility with ...
Planet 13 Reports Q2 2025 Financial Results
LAS VEGAS – Planet 13 Holdings Inc., a vertically integrated multi-state Cannabis operator, released its Q2 2025 financial results, reflecting a challenging quarter marked by market pressures and strategic adjustments. The company reported revenue of ...
Organigram Reports Q3 FY2025 Financial Results
TORONTO – Organigram Global Inc. announced record financial results for its third quarter of fiscal 2025, ending June 30, 2025. The company achieved significant growth in revenue and adjusted EBITDA, driven by strategic acquisitions and ...
Lebanon Legalizes Cannabis, Forms Oversight Body, Targeting $1B in Annual Revenue
BEIRUT – In a significant step forward in leveraging its Cannabis sector for economic relief, the Lebanese government established a dedicated committee to regulate the cultivation and sales of Cannabis under a long-dormant 2020 law. ...
Verano Shareholders Approve Corporate Home Relocation to Nevada
CHICAGO – Verano Holdings Corp. secured strong backing from investors to move its parent company's legal base from British Columbia, Canada, to Nevada. The approval came during a special shareholder meeting, clearing a key hurdle ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Executives and operators in the Cannabis and psychedelics sectors wrapped up another fortnight with a mix of regulatory headwinds, financial maneuvers, and market validations that underscore the sector's resilience. From bipartisan efforts ...
Delic Announces Two Key Executive Appointments
VANCOUVER, BC– Delic Holdings Corp (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), today shared details regarding two executive appointments. Matt Stang, co-founder and CEO of Delic, has been appointed to the role of Executive Chairman. Kevin ...
Study: Hemp Increases Cow Health and Reduces Cow’s Stress & Anxiety
WASHINGTON, D.C. - According to a U.S. government-financed study that was published in Scientific Reports, cannabis affects both people and cows in comparable ways. Since 2020, an investigation into hemp-based cattle feed, funded by the ...
Verano Introduces New Flower and Extract Brand, Savvy, in Seven Core Cannabis Markets
CHICAGO - Verano™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the launch of Savvy, a new brand featuring larger-format cannabis products, catering to more value-oriented patients and consumers. Savvy will be ...
Neptune Reports Fiscal First Quarter 2023 Financial Results
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month period ending June 30, 2022. Statement from Neptune Management and Board of Directors: "The results ...
4Front Ventures Reports Second Quarter 2022 Financial Results
PHOENIX, Ariz. - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022. All financial information is presented in U.S. ...
Charlotte’s Web Reveals Premium Sports Product Line Undergoing NSF’s Certification Process
DENVER - (TSX: CWEB) (OTC: CWBHF) Charlotte's Web Holdings, Inc., announced plans to unveil a product line catering to the sports vertical. The products are currently undergoing the NSF for Sport® certification process with NSF, ...
TerrAscend Second Quarter 2022 Revenue Increases 31% Sequentially to $65 Million
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, today reported its financial results for the second quarter ending June 30, 2022. All amounts are expressed in U.S. dollars unless ...
Portable Cannabis Vaporizers Market is Set to Touch US$ 14 Billion valuation by 2031
Seoul, South Korea - The global cannabis vaporizer market is projected to expand 3.5X its value from 2021 to 2031, with demand for temperature-controlled cannabis vaporizers rising as the years go by. The importance of ...
MariMed’s Nature’s Heritage Brand Sponsors Cultivators Cup
NORWOOD, Mass. - MariMed, Inc. (CSE: MRMD), (OTCQX: MRMD), a multi-state cannabis operator, announced its Nature’s Heritage brand of craft flower and concentrates is a Presenting Sponsor of Cultivators Cup, the leading cannabis industry festival ...
Ayr Wellness Receives Key Massachusetts Regulatory Approval for Adult-Use Sales in Somerville
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission (“CCC” or the “Commission”) has granted a final license for adult-use cannabis at its Sira ...
Clever Leaves Reports Second Quarter 2022 Results
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (Nasdaq: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, is reporting financial and operating results for the second ...
Trulieve Delivers Record Second Quarter 2022 Results Driven by Organic Retail Sales
TALLAHASSEE-- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the U.S., today announced its results for the quarter ended June 30, 2022. Results are reported in U.S. dollars unless otherwise indicated. Q2 2022 Financial Highlights* ...
Jamie Pearson to Step Down as Bhang President/CEO and Director
LAS VEGAS- Bhang Inc. (CSE:BHNG) (OTCQB:BHNGF) ("Bhang" or the "Company") has announced the resignation of President, CEO, and Board Member, Jamie L. Pearson, who has been with the Company since 2015 and has served as President/CEO ...
Akerna Announces Financial Results for Second Quarter 2022
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 reported its unaudited financial results for ...
Global Medicinal Cannabis Market to Surpass US$ 58MM by 2030
SEATTLE- According to Coherent Market Insights, the global medicinal cannabis market is estimated to be valued at US$ 10,180.17 Million in 2022 and is expected to exhibit a CAGR of 24.4 % during the forecast ...
Verano Releases Signature Reserve and Essence Branded Product Lines in Four Additional Core Cannabis Markets
CHICAGO - Verano™ Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, today announced the Company now offers its namesake Verano signature flower branded products in four new core markets: Arizona, Florida, Massachusetts and ...
Cronos Group Reports 2022 Second Quarter Results
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), announces its 2022 second quarter business results. “I am encouraged by the progress we are making to realign our business around our brands to become more ...
Medical Marijuana Market Worth USD 248.42 Billion by 2030 at 31.97% CAGR
New York, USA - Medical Marijuana Market Overview - According to a Comprehensive Research Report by Market Research Future (MRFR), “Medical Marijuana Market Information By Product Type, Application, Distribution, And Region - Forecast till 2030", ...
Curaleaf Announces Majority Stake and Forms Strategic Partnership with Germany’s Four 20 Pharma
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. announced that Curaleaf International Holdings Limited, the company's European holding company, has signed a definitive agreement to acquire a 55% stake in Four 20 Pharma GmbH, a EU-GMP & GDP ...
Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc., brokers in the sales and marketing of specialty, natural, ...
Jushi Holdings Inc. Settles Lawsuit with Large Multi-State Operator
BOCA RATON, Fla., - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a multi-state cannabis operator, announced that it entered into a confidential settlement agreement with Curaleaf Holdings, Inc. and with Jushi’s former Chief Financial Officer, ...
MariMed Reports Second Quarter 2022 Earnings
NORWOOD - MariMed, Inc. (CSE: MRMD) (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2022. “We executed on our ...
WWE Superstar Bill Goldberg Launches Partnership With CBD Wellness Brand Gallant and Hemp2lab
NEW YORK - Bill Goldberg, WWE Hall of Famer is making the transition from the squared circle to the wellness mat. Goldberg is redefining himself through his partnership with Hemp2Lab to launch a new wellness ...
Curaleaf Reports Second Quarter 2022 Results
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended ...
$17.24 Billion Global Industrial Hemp Market Size Rise at +16.9% CAGR by 2028
NEW YORK, United States - Facts and Factors has published a new research report titled “Industrial Hemp Market By Application Prospects (Paper, Personal Care, Automotive, Textiles, Food & Beverages, Animal Care, Furniture, Construction Materials, and ...
