Legal Affairs
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
Trump Considers Shift in Federal Cannabis Rescheduling
LOS ANGELES – President Donald Trump is exploring a move to reclassify Cannabis from Schedule I to Schedule III under federal law, according to a report from The Wall Street Journal. The potential policy shift, ...
Village Farms International Reports Q2 2025 Financial Results
VANCOUVER – Village Farms International, Inc. reported its financial results for the second quarter of 2025, indicating record profitability and performance of strategic shifts, including the privatization of parts of its produce segment, which has ...
Canopy Growth Corp Reports Q1 FY2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. released its financial results for the first quarter of fiscal year 2026, ending June 30, 2025, showcasing a 9% increase in net revenue to $72.1 million compared to $66.2 ...
Case Study: Grupo Flor: A Cannabis Turnaround Driven by Strategic Focus
SALINAS- When Mark Collins joined Grupo Flor as Chief Financial Officer, the California-based vertically integrated Cannabis company was in severe financial and operational distress. The business held multiple licenses across retail, cultivation, manufacturing, and distribution—far ...
FLUENT Consolidates NY Retail Presence
NEW YORK – FLUENT Corp., a Cannabis operator with roots in Florida and Pennsylvania, has completed the rebranding of two key dispensaries in New York, bringing its retail operations in the state under a single ...
Australian Policy Group Cautions TGA on Medicinal Cannabis Restrictions, Fearing Shift to Illicit Sources
SYDNEY – A prominent drug policy organization in Australia has urged federal regulators to avoid curtailing access to prescription medicinal Cannabis, arguing that such steps could drive patients toward unregulated street supplies and erode the ...
Revolving Credit Lines Break New Ground in Cannabis Debt Markets
LOS ANGELES – Two leading multistate Cannabis operators, Verano Holdings Corp. and Curaleaf Holdings Inc., have closed pioneering revolving credit agreements in recent weeks, marking a quiet but telling step forward for the sector's access ...
Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sponsored benefit plan, ...
Curaleaf’s Select Brand Announces Launch of “The Farmer’s Select” Program
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), international provider of consumer cannabis products, today announced that its Select brand has launched "The Farmer's Select" program, an ongoing series of limited-edition collaborations ...
Clever Leaves Strengthens German Presence Through Expanded Cantourage Partnership
BOCA RATON - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today the continued expansion of the Company’s partnership with European medical cannabis leader Cantourage GmbH ...
Neptune Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), announced its financial and operating results for the three-month and twelve-month periods ending March 31, 2022. Statement from Neptune Management and Board of Directors: ...
Akerna Flash Report: Fourth of July Weekend Cannabis Sales Total $255.5 Million
DENVER - Business intelligence from 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 ...
Good Supply Brand Expands its Cannabis Portfolio in Québec
TORONTO - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company, today announced that its cannabis brand Good Supply has expanded its product offering in Québec with the launch ...
The Parent Company Announces East Coast Expansion
SAN JOSE, Calif. - TPCO Holding Corp. (The Parent Company) (NEO: GRAM.U) (OTCQX: GRAMF), a consumer-focused California cannabis company, announced that it has entered into an exclusive brand licensing and cultivation and production agreement with ...
AWH Announces Share Purchase by AGP
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator, announced that on July 1st AGP Partners, LLC, purchased 50,000 of Class A Common Shares in the open market for ...
Akerna Corp. Announces Closing of $10 Million Public Offering
DENVER - Akerna Corp. (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 announced the closing of its ...
Red Light Holland & Halo Dissolve Psilocybin Joint Venture in Oregon As Their Stock Plummets
TORONTO-Red Light Holland, a publicly traded magic mushroom company, claims it has ended its 14-month-old partnership with Canadian cannabis producer Halo Collective in Oregon in order to focus on a new project that it hopes ...
Analysis: Stuck in the Weeds? What’s Next For Canopy Growth Corporation?
TORONTO– Canopy Growth, once the largest cannabis company by valuation, has been a rollercoaster for investors over the previous few years, rising to more than $45, then seeing dramatic drops. The legalization of cannabis in ...
Acreage Concludes Operations in State of Oregon, Closes Sale of Retail Chain Cannabliss & Co.
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced that it has executed and closed an amendment to its ...
HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO) is pleased to announce that at its reconvened special meeting of shareholders held today, holders of common shares of HEXO approved the previously announced transaction with ...
Global Cannabis Testing Services Market to Surpass US$ 4,527.6 Million by 2030
Seattle - According to Coherent Market Insights, the global cannabis testing services market is estimated to be valued at US$ 1,658.9 million in 2022 and is expected to exhibit a CAGR of 13.4% during the ...
Global Pharmerging Market is Estimated to be US$ 4426.72 Billion by 2030
Covina - Particularly in the worldwide emerging economies, the Pharmerging industry is growing significantly. Some of the main drivers of this market's expansion are the increased prevalence of non-communicable illnesses, an ageing population, rising life ...
Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has passed validation in its Novel Food applications from the Food Standards Agency in the United Kingdom for its Original Formula full-spectrum hemp extract product. ...
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced that it has entered into privately negotiated exchange agreements with a limited number of holders, including Constellation Brands, Inc. through its wholly-owned subsidiary Greenstar ...
Politics: Amendment to Safeguard State Cannabis Programs Approved by House Appropriations Committee
WASHINGTON, D.C.–In order to avoid the Department of Justice meddling with adult-use cannabis programs, an amendment to the Commerce, Justice, Science, and Related Agencies Appropriations Act for Fiscal Year 2023 was approved by the House ...
Analysis: Majority of USA Cannabis Sales is Still Flower (Bud)
SANTA MONICA, Calif–According to studies from the International Journal of Drug Policy, cannabis consumers in the United States and Canada prefer cannabis flower above alternative product formulations. Researchers from the University of Waterloo in Ontario, ...
Analysis: Hemp-Derived CBD Labels Frequently Contain Inaccurate Information.
RICHMOND, VIRGINIA- According to research reported in the Journal of Cannabis Research, the true percentage of cannabinoids present in commercially accessible CBD products is frequently misrepresented on their labels. Eighty CBD-derived from hemp products that ...
New Research: College Students Consuming Cannabis Rarely Have Negative Effects Unless Used With Other Drugs
GAINESVILLE, FLORIDA – According to findings published in the Journal of American College Health, college students who use cannabis but not other restricted substances do not appear to be significantly more likely to develop a ...
New Study: Consumers Self-Medicate With Cannabis to Treat Anxiety, Pain, and Depression
QUEBEC–According to statistics found in the Journal of Cannabis Research, the most common reasons Canadians use cannabis for self-medication are to treat pain, anxiety, insomnia, and depression.489 people who admitted to buying cannabis products at ...
Canopy Growth Celebrates Summer with New ‘Just Hits Different’ Beverage Campaign
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), announced the continued expansion of its cannabis beverage portfolio and a brand campaign that drives awareness of its wide range of cannabis beverages just ...
Akerna Corp. Announces Pricing of $10 Million Public Offering
DENVER - Akerna Corp. (Nasdaq: KERN), enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced the pricing of an underwritten ...
MariMed to Launch Betty’s Eddies Brand Into Maine Adult-Use Cannabis Marketplace
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced a licensing agreement with East Coast Cannabis Company, a cannabis producer and distributer in the Maine Cannabis ...
