Legal Affairs
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Atai and Beckley Psytech Report Positive Phase 2b Results for BPL‑003
LOS ANGELES- Atai Life Sciences and Beckley Psytech have announced positive topline results from their Phase 2b clinical trial of BPL‑003, an intranasal formulation of mebufotenin benzoate, in patients with treatment‑resistant depression (TRD). The multicenter, ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
Organigram Acquires Collective Project to Enter U.S. Cannabis Beverage Market
LOS ANGELES- Organigram Global Inc. has acquired Collective Project Limited, a producer of cannabis and hemp-derived infused beverages. The acquisition involves an initial payment of approximately 6.2 million Canadian dollars (about $4.3 million), with potential ...
Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry
NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes entire industries. For the U.S. cannabis sector, still federally illegal and structurally fragmented, proposed tariffs and social program cuts under a second Trump administration could ...
Hemp-Derived THC Beverages Are Booming as Cannabis Companies and Big Retail Jump In
NEW YORK- As federal cannabis reform remains stalled, a different kind of green wave is gaining momentum—this one is carbonated, hemp-based, and available online or at your local corner store. Hemp-derived THC beverages, which leverage ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Atai and Beckley Psytech Report Positive Phase 2b Results for BPL‑003
LOS ANGELES- Atai Life Sciences and Beckley Psytech have announced positive topline results from their Phase 2b clinical trial of BPL‑003, an intranasal formulation of mebufotenin benzoate, in patients with treatment‑resistant depression (TRD). The multicenter, ...
New York to Issue First Retail Licenses To People Who Had Cannabis Convictions
NEW YORK–New York Governor Kathy Hochul stated on Thursday that the first licenses to open the newly authorized cannabis retail stores coming to the state later this year will be reserved for those with prior ...
SEI and NIHC Enter MOU to offer the ASTM HEMPQ + NIHC Certification Program for Test Laboratories
WASHINGTON - The Safety Equipment Institute, an affiliate of ASTM International, and the National Industrial Hemp Council of America (NIHC) announced they have signed a memorandum of understanding (MOU) to develop a joint certification program ...
The Green Organic Dutchman Secures Additional $5 Million Credit Facility
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a sustainable global cannabis company is pleased to announce that it has agreed to amend the terms of the amended and restated credit ...
Curaleaf’s Select Brand Expands Product Offerings With Live Rosin Solventless Extracts
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today launched Select Live Rosin, the Company's first line of solventless extracts, to patients across Florida. ...
Neptune Wellness Solutions Inc. Announces US$8,000,000 Registered Direct Offering
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced that it has entered into a definitive agreement with a ...
TerrAscend Completes Acquisition of Gage Cannabis
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis multi-state operator, and Gage Growth Corp. (CSE: GAGE, OTCQX: GAEGF), a high-quality premium cannabis brand and operator, today announced that they have completed ...
Charlotte’s Web CBD Gummies Voted Product of the Year
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., announced that the Charlotte's Web line of CBD Gummies has been named Product of the Year for 2022. Product of the Year is the largest ...
Item 9 Labs Corp. Launches Reg A+ Public Offering & Keep Cannabis Local Campaign
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB)– a cannabis dispensary franchisor and operator that produces premium products – announced the launch of its global, streamlined Regulation A, Tier 2 public offering for unaccredited and ...
Happiness Development Group Limited Entered into Letter of Intent to Invest $6 Million in Kannaba Agritech Corp.
NANPING, China - Happiness Development Group Limited, (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solutions, and the sales ...
Survey: Most Internal Medicine Residents Lack Adequate Knowledge About Cannabis
NEW YORK- The majority of internists in training possess little or no knowledge about the use of cannabis for medicinal purposes, according to survey data published in the journal BMJ Primary Care. A team of investigators with ...
Study: Recent Cannabis Use Associated with Lower Resting Heart Rate
SAN FRANCISCO-Current cannabis use is associated with lower resting heart rate, according to data published in The American Journal of Medicine. A team of researchers from Switzerland and the United States assessed the relationship between cannabis exposure ...
Numinus Adds Ayahuasca & San Pedro to Federal License for Psychedelic Research
VANCOUVER, BC- Numinus Wellness Inc. (TSX: NUMI) (OTCQX: NUMIF), a mental healthcare company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, is pleased to announce that it has received approval from Health Canada to study Ayahuasca and ...
Report: Legal Cannabis Industry Employs Over 428,000 Full-Time Workers
NORML–The state-licensed cannabis industry added over 100,000 new jobs in 2021 and now employs over 428,000 full-time workers, according to data compiled by Leafly.com and Whitney Economics. According to its latest report, the cannabis industry created an ...
The Hemp Blockchain, Inc. in competition for the $100M XPRIZE Carbon Removal with the support of FFES Environmental
SALT LAKE CITY - The Hemp Blockchain, Inc., the company building advanced cloud-based solutions to accelerate the growth of the industrial hemp industry and revolutionize the quality of carbon credits available to companies seeking to ...
Sweet Dirt Launches New Line of Cannabis-Infused Edibles
ELIOT, Maine - Sweet Dirt, a Maine-based, cannabis company, announced The Confectioners™ by Sweet Dirt, a new line of premium cannabis edibles for the Maine adult-use cannabis market. The new line of edibles is now ...
Wynk THC and CBD Infused Seltzers Arrive to Great Fanfare in New Mexico
PENNSBURG, Pa. and ALBUQUERQUE, N.M. - Wynk THC & Seltzer, the most widely distributed cannabis seltzer beverage in the United States, has announced availability throughout New Mexico. Through a partnership with Everest Cannabis Co., Wynk's ...
Emerald Scientific and Eighth Revolution Announce Partnership
SAN LUIS OBISPO, Calif. - Emerald Scientific, LLC and Eighth Revolution are excited to announce their exciting new partnership. The alignment of the two scientifically-driven organizations will provide a multitude of benefits to their respective ...
California’s Cannabis Department Proposes Comprehensive Regulatory Changes
SACRAMENTO – The Department of Cannabis Control (DCC) today released a comprehensive regulatory proposal to make changes to streamline and simplify the cannabis regulations, enhance consumer protections and make permanent changes that are currently in effect ...
AWH Announces Fourth Quarter and Full Year 2021 Financial Results
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on bettering lives through cannabis, reported its financial results for the fourth quarter and full year ended December 31, ...
High Tide Launches Cannabis Delivery on Demand at Select Canna Cabana Locations in Alberta
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, announced that it has launched its cannabis Delivery on Demand program ...
Tetra Bio-Pharma Provides Update for Inhaled CBD Research
OTTAWA, ON, - Tetra Bio-Pharma Inc. (TSX: TBP) (OTCQB: TBPMF) (FRA: JAM1), announced that Health Canada approved the amendment of a phase I study conducted in collaboration with Dr. Jutras-Aswad and the University of Montreal ...
AWH Launches Simply Herb, a Value Cannabis Brand
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, cannabis operator focused on bettering lives through cannabis, announced the launch of Simply Herb, a "value" cannabis brand, in Illinois, Massachusetts, and ...
Review: Emerald Conference San Diego: Where Investors Meet Innovators
LOS ANGELES- Sunny San Diego was the site for the The Emerald Conference, an event which focuses on the science of cannabis. Now in its 7th year, the deep depth of thinking on cannabis science ...
Parallel’s goodblend™ Texas Launches Medical Marijuana Chocolate Bar Format for Patients in the Texas Compassionate Use Program
ATLANTA and AUSTIN, Texas - goodblend™ Texas, a retail brand of Parallel, one of the nation's privately-held multi-state cannabis operators, announced the launch of the first medical marijuana chocolate bar for patients registered in the ...
Burns & Levinson Represents UL Holdings, Inc. (Urbn Leaf) in Sale to Harborside, Inc.
BOSTON - Burns & Levinson has completed the sale of client UL Holdings, Inc. (Urbn Leaf), a California cannabis retailer, with Harborside, Inc. (CSE: HBOR), (OTCQX: HBORF). The Urbn Leaf acquisition, which was announced on ...
