Legal Affairs
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Trulieve Reports Strong Fourth Quarter Performance
LOS ANGELES- Trulieve Cannabis Corp., a multi-state cannabis operator, has announced its financial results for the fourth quarter and full year ending December 31, 2024, showcasing notable growth and operational efficiency. Financial Highlights Revenue: The ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Compass Pathways Projects FY2025 Net Cash Use of $120M-$145M
LOS ANGELES- Compass Pathways plc a mental health care company specializing in psilocybin therapy, has announced an expected net cash utilization of $120 million to $145 million for the fiscal year 2025. As of February ...
Cronos Group Reports $8.7 Million in Operating Expense Savings for FY2024
LOS ANGELES- Cronos Group Inc. has announced operating expense savings of $8.7 million for the fiscal year 2024, aligning with its previously stated target range of $5 million to $10 million. These savings were primarily ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
THCV Cannabis Seeds – Free Release to the Public
SANTA CRUZ MOUNTAINS, Calif.- Jade Nectar, a legacy cannabis wellness company, will be releasing THCV-rich cannabis seeds to the public at no cost. The 'FREE THE V' seeds will be given away through California cannabis ...
PharmaCielo Signs Sales Agreement with Greenstein to Supply THC Final Products through NOWEDA
TORONTO and RIONEGRO, Colombia - PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,announced that it had signed a sales agreement ...
Canbud Distribution Corp. Announces Intention to Stock Symbol to ”STPH”
TORONTO- Canbud Distribution Corp. (CSE: CBDX) (FSE: CDO) announced that it intends to change its name to "Steep Hill Inc." and its stock symbol to "STPH". The proposed Company name and stock symbol changes are ...
Survey Finds Cannabis Consumers Have Sex More Often
NORWOOD, Mass.-- Cannabis consumers ‘chews’ sex more frequently than non-users and believe using cannabis enhances their sex life, according to the results of a “sex + cannabis” survey commissioned by Betty's Eddies™ an all-natural cannabis edibles ...
Avicanna Enters into a Strategic Partnership with Tetra Bio-Pharma
TORONTO - Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial-stage, and international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to announce that it has ...
Clever Leaves Expands Relationship With Cannatrek in Australia With a Two-Year $3.6M Sales Agreement
BOCA RATON, Fla. and MELBOURNE, Australia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced an expansion of its relationship with Australian medical cannabis company ...
AWH Announces Promotion of Frank Perullo to President
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on bettering lives through cannabis, today announced that it has promoted the Company's Co-founder and Chief Strategy Officer, Frank ...
Cronos Group Provides Bi-Weekly MCTO Status Update
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders. On November ...
Cannabis Sales Break Records Again in 2021 Reaching $2.2 Billion in Sales
DENVER–Cannabis sales broke another record last year, topping $2.22 billion in products sold, according to the Colorado Department of Revenue. This eclipses 2020 sales that reached upwards of $2.1 billion, which set a previous record. ...
The Flowr Corporation Announces First Successful High THC Medical Cannabis Harvest in Portugal
TORONTO - The Flowr Corporation (TSXV: FLWR, OTC: FWPF) to provide an operational update at its facilities located in Portugal owned and operated by Flowr’s subsidiary, Holigen Holdings Limited. “We still firmly believe that Holigen’s ...
Rose LifeScience introduces new line of accessible cannabis products under “Promenade” brand
HUNTINGDON, QC - Major Québec cannabis producer, distributer, and marketer ROSE LifeScience Inc. announced today the rollout of its newest brand, Promenade. The Promenade line will be commercialized through the Société Québécoise de Cannabis (SQDC). ...
Unrivaled Brands Closes Sale of Dyer Property for $13.4 Million
SANTA ANA, Calif. - Unrivaled Brands, Inc. (OTCQX: UNRV) announced the successful closing of the sale of the Company’s non-operating real property and building located on Dyer Road in Santa Ana, CA for $13.4 million. ...
Medical Marijuana, Inc. Promotes Chief Financial and Information Officer Todd Morrow to Company President
SAN DIEGO - Medical Marijuana, Inc. (OTC: MJNA), announced today that the Company’s Chief Financial and Information Officer, Todd Morrow, has been promoted and will now serve as the Company’s President. Prior to joining the ...
Slumber Sleep Aid Releases Full Spectrum CBD/CBN Gummies
DENVER - Slumber Sleep Aid™ is excited to announce the release of their new full spectrum CBD Sleep Gummies with CBN for sleep issues, joint pain and inflammation. The raspberry-flavored dual action gummies are blended ...
The Valens Company Begins Manufacturing Cannabis-Infused Beverages
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announced the successful commissioning and completion of first shipments from Pommies (otherwise known as Southern Cliff Brands) located in ...
Minority Cannabis Business Association to Unveil National Cannabis Equity Report and Digital Research Map
WASHINGTON - On February 10th, 2022, the Minority Cannabis Business Association (MCBA) will take the first step on a journey to usher in a new era of social equity with the release of the National ...
Neptune Reports Fiscal Third Quarter 2022 Financial Results
LAVAL, QC,- Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for ...
SCHWAZZE CLOSES ACQUISITION OF EMERALD FIELDS
DENVER–Schwazze, (OTCQX: SHWZ), announced today that it has closed the transaction to acquire MCG, LLC . Emerald Fields is the owner and operator of two retail cannabis dispensaries, located in Manitou Springs and Glendale, Colorado. This successful acquisition is part of the ...
Leaf Trade Announces National Partnership with Curaleaf
CHICAGO -- Leaf Trade, Inc. a wholesale cannabis marketplace that services cannabis sellers, brands, distributors and retailers in 25 markets, today announced a national partnership with Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading ...
Aurora Cannabis Announces Fiscal 2022 Second Quarter Results
EDMONTON, AB- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. "During the second quarter, we improved our Adjusted EBITDA ...
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing
OAKLAND– Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing with Pelorus Equity Group and to ...
Village Farms International Appoints Ann Gillin Lefever as Executive Vice President of Corporate Affairs
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. ...
High Tide Closes Acquisition of Bud Room, Securing Ownership of Fastendr™ Retail Kiosk and Smart Locker Technology
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, ...
Thailand Becomes First Asian Country To Decriminalize Cannabis
BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the ...
Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SOUTH SAN FRANCISCO, Calif. - Dama Financial, the nation's largest provider of access to banking and payment solutions for the cannabis industry, recently conducted a survey of operators across all cannabis-legal states regarding their concerns ...
