Legal Affairs
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Nebraska Reverses Access to Botanical Cannabis Under Emergency Regulations
LOS ANGELES- Nebraska Governor Jim Pillen approved emergency rules on June 29, establishing a medical cannabis licensing framework effective immediately for up to 90 days. The regulations respond to Measure 438, approved by voters in November 2024, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Glass House Brands and UC Berkeley Collaborate on Hemp Research and Development
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has entered into a collaboration with the University of California, Berkeley, to conduct research on hemp. The partnership will focus on areas such as ...
Cannabis Testing Market Projected to Reach $3.2 Billion by 2030
LOS ANGELES- The global cannabis testing market is projected to experience significant growth, with estimates indicating an increase from $1.26 billion in 2025 to $2.33 billion by 2030, reflecting a compound annual growth rate (CAGR) ...
Texas Broadens Medical Cannabis Access Amid THC Policy Shift
LOS ANGELES- Texas has enacted House Bill 46, expanding its Compassionate Use Program for medical cannabis. The law, effective September 1, adds qualifying conditions such as chronic pain, Crohn’s disease and traumatic brain injury. It raises the per‑dose ...
Cronos Expands Medical Cannabis Presence in Switzerland
LOS ANGELES- Cronos Group Inc. has entered the Swiss medical cannabis market through a partnership with Dascoli Pharma AG, a Zurich-based pharmaceutical distributor. The deal enables Dascoli to supply five varieties of the company's PEACE NATURALS branded ...
Nebraska Reverses Access to Botanical Cannabis Under Emergency Regulations
LOS ANGELES- Nebraska Governor Jim Pillen approved emergency rules on June 29, establishing a medical cannabis licensing framework effective immediately for up to 90 days. The regulations respond to Measure 438, approved by voters in November 2024, ...
AUDACIOUS Opens Medical Cannabis Clinic in Southeast Asia
LAS VEGAS - Just as the dynamic Thai medical cannabis market begins to blossom, AUDACIOUS and Thai-based partner Golden Triangle Health have partnered to open the first Herbidus Medical Center in Bangkok, which is also ...
Decibel Appoints Manjit Minhas as Senior Advisor and Director Nominee
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a cannabis producer, is pleased to announce that it has appointed Manjit Minhas, an entrepreneur, venture capitalist and beer baroness, as a Senior Advisor ...
Cannabis Marks a New Milestone: Wellness Benefit
LOS ANGELES - Jointly, the cannabis wellness company, announced an employee wellness benefit that includes coverage for purposeful cannabis consumption. Reimbursing up to $150 per month for lawful purchases of cannabis products, Jointly's benefit sets ...
Nova Announces Fourth Quarter and Year End 2021 Results
EDMONTON, AB - Nova Cannabis Inc. (TSX: NOVC) released its audited annual consolidated financial statements and management's discussion and analysis for the year ended December 31, 2021. "We launched Value Buds in 2021 to provide ...
Mike Tyson Launches ”Mike’s Bites” Gummies in the Shape of a Bitten Ear
LOS ANGELES - Mike Tyson sells legal cannabis products through his brand Tyson 2.0. He recently posted on Twitter about one of his newest cannabis-related products. This new product comes in the form of a ...
Psychedelics Deep Dive: Psychedelic Medicines in Development: Part 3 of 4
LOS ANGELES- Human beings have used psychedelic substances for thousands of years. It's only recently, though, that these mind-altering compounds have made their way back into the realm of mainstream medical science. Out of all ...
Down with High THC
By Rob Sanchez - Standing in line at the dispensaries here in Las Vegas, one can overhear customers ask for the highest THC products constantly. Bud-tenders throw words like “sativa” and “indica” around as if ...
HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan
GATINEAU, Quebec - HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today reported its financial results for the fiscal quarter ended January 31, 2022 (Q2’22). The quarter was focused on ...
Wellbeing Digital Sciences Reports Financial Results for the Second Fiscal Quarter of 2022
VANCOUVER, British Columbia - Wellbeing Digital Sciences Inc. (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based healthcare company focused on innovative clinical solutions, artificial intelligence-powered digital therapeutics and contract research, announced that it has filed ...
Body and Mind Reports Q2 FY2022 Financial Results
LAS VEGAS and VANCOUVER, BC - Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), a multi-state US cannabis operator, is pleased to report its financial results for the second fiscal quarter ended January 31, 2022. ...
Verano Opening Two MÜV Dispensaries in Florida’s Tampa Bay Area
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, announced the opening of its 42nd and 43rd MÜV dispensaries in Florida. MÜV Brandon, located at 942 West Lumsden Road, and MÜV ...
iAnthus Reports Fiscal Fourth Quarter, Full Year 2021 Financial Results
NEW YORK and TORONTO - iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reported its financial results for the fourth quarter and ...
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially
CALGARY, AB - High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, filed its financial results for the first fiscal quarter of 2022, ...
Cannabis Payments Platform CanPay Exceeds Half a Billion Dollars in Retail Purchases
LITTLETON, Colo. - CanPay, a payment network for cannabis retailers and consumers, announced that it has surpassed half a billion dollars in transparent transactions in states where cannabis is legal. CanPay is now used at ...
Item 9 Labs Corp. to Acquire The Herbal Cure in Denver, Colorado
DENVER - Item 9 Labs Corp. (OTCQX: INLB) — announced that it has signed an Asset Purchase Agreement with The Herbal Cure, a medicinal and recreational dispensary and cultivator operating in Denver, Colorado. The Herbal ...
Jointly Raises $5 Million in Seed Funding
LOS ANGELES - Jointly, the cannabis wellness company, announced that it has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. ...
Mindcure: Announce Executive and Employee Reductions & Cost Saving Measures
VANCOUVER, B.C. – Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH), announced today that a special committee of the Company’s board of directors has concluded the initial phases of its previously announced strategic ...
Tilray Medical Expands Offering in Malta and Launches Medical Cannabis Oil Products in Market
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced that its medical cannabis ...
Verano Opening First West Virginia Medical Cannabis Dispensary, Zen Leaf Morgantown
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a cannabis company, announced the grand opening of its first West Virginia medical cannabis dispensary, Zen Leaf Morgantown, located at 205 Venture Drive, on Friday, March ...
Ayr Wellness Reports Fourth Quarter and Full Year 2021 Results
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a cannabis multi-state operator (MSO), is reporting financial results for the three and twelve months ended December 31, 2021. Unless otherwise noted, all results are presented ...
Clever Leaves Appoints William Muecke to Board of Directors
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), an operator and licensed producer of pharmaceutical-grade cannabinoids, announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, ...
CBD Gummies Market Size Worth $12.18Bn, Globally, by 2028 at 28.3% CAGR
The CBD Gummies Market Size, Growth driven by the rising popularity of CBD gummies owing to their therapeutic effects, surging influence of social media and celebrities, growing awareness regarding the health benefits of CBD products ...
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) reported financial results for its fourth quarter and year ending December 31, 2021. Fourth Quarter 2021 and 2021 ...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, reported its financial results for the fourth quarter and full year periods ending December 31, 2021. All amounts are expressed in ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, ...
