Legal Affairs
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Green Thumb Industries Schedules Q2 2025 Earnings Call for August 6
LOS ANGELES- Green Thumb Industries Inc., a cannabis consumer packaged goods company and operator of RISE dispensaries, announced on July 2 that it will release its second-quarter 2025 financial results after market close on Wednesday, August 6, ...
SAFER Banking Act Frozen as Lawmakers Tackle War and Budget Issues
LOS ANGELES – The Secure and Fair Enforcement Regulation (SAFER) Banking Act, a bipartisan effort to grant state-legal cannabis businesses access to traditional banking services, remains mired in political gridlock, overshadowed by competing legislative priorities. ...
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make history as recreational marijuana sales launch on August 1, 2025, transforming the state’s cannabis scene and sparking excitement from Wilmington to Rehoboth Beach. Starting this ...
California’s Cannabis Industry Faces Meltdown as New Tax Hike Begins
LOS ANGELES – California’s legal cannabis industry is sounding the alarm as a significant excise tax increase, which took effect on July 1, 2025, threatens to cripple an already struggling market. The excise tax on ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Clever Leaves Germany GmbH Becomes a Fully Licensed Medical Cannabis Distributor in Germany
BOCA RATON, Fla. and HAMBURG, Germany - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced that its affiliate in Germany, Clever Leaves Germany GmbH, has received ...
Canopy Growth Announces Cost Reduction Actions to Accelerate Path to Profitability
SMITHS FALLS - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced that the Company is undertaking a series of initiatives to reduce costs and drive efficiency in order ...
Akerna Flash Report: 420 Cannabis Sales Reach $154.4 Million
DENVER - 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 April 20, 2022, ...
4Front Ventures Corp. Expands Brand Portfolio and California Reach
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (QTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of Island Global Holdings, Inc., a California based producer of pre-rolls, flower and ...
Charlotte’s Web Announces Management Appointments in Finance and Operations
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., announced management changes in finance and operations. Charlotte's Web Board of Directors has appointed Lindsey Jensen as Chief Financial Officer replacing Wes Booysen who is ...
Global Market Report 2022: Connected E-Cigarettes, Heated Tobacco Products, Cannabis Vaporizers and Corresponding Software Applications
Dublin - The report provides a genesis overview of the connected e-cigarettes, tobacco heating systems, cannabis vaporizers and dedicated software applications that were released worldwide for all time. The report contains an analysis of 56 ...
$97B in 2021 U.S. Cannabis Sales Fueled by Routine and Intentional Consumption
Washington - New Frontier Data (https://NewFrontierData.com), the data analytics and technology firm specializing in the global cannabis industry, together with Jointly, a cannabis wellness company, have released Cannabis Consumers in America: Dynamics Shaping Normalization in ...
Mr. Natural Full Spectrum Hash RSO Launches in Nevada
LAS VEGAS- Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), today announced that Mr. Natural, an AUDACIOUS brand, is pleased to launch its first product in Nevada: Full Spectrum Hash RSO. The powerful medicinal oil – rich in ...
Prescription Drug Use Plunges in Legal Cannabis States
LOS ANGELES- According to a Cornell researcher, legalizing recreational cannabis reduces demand for expensive prescription medications through state Medicaid programs. The amount of prescriptions for pain, depression, anxiety, sleep, psychosis, and seizures decreases dramatically when ...
Clever Leaves Strengthens Its Presence in the U.S. Through Partnership With Biom Therapeutics
BOCA RATON, Fla. and SARASOTA, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced a two-year supply agreement with American, clinical-stage biopharmaceutical company, Biom ...
Curaleaf Expands Product Offerings With Launch of BlueKudu Chocolates in Florida
WAKEFIELD, Mass.- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, today announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquired by ...
TerrAscend Welcomes Adult-Use Sales in New Jersey
TORONTO - TerrAscend Corp.(CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has received an amended cannabis business cultivation and manufacturing license from the New Jersey Cannabis Regulatory Commission. TerrAscend will now ...
€354 Million Worth of Unlicensed Medical Cannabis Forecast to be Sold in Europe in 2022
Dublin - The "European Cannabis Report with Market Sizing Data & Adult-Use Cannabis Supplement" report has been added to ResearchAndMarkets.com's offering. 2021 was another huge year for the liberalisation and mainstreaming of cannabis in Europe. ...
Neptune Wellness Expands Popular Mood Ring Portfolio with New Cannabis Strains
LAVAL,QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and integrated health and wellness company focused on plant-based, sustainable, and purpose-driven lifestyle brands, announced the launch of Mood Ring's new line of ...
New Poll Reveals Americans’ Views on Cannabis
BOCA RATON, Fla. - Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a integrated, multi-state cannabis operator, released the results of its inaugural “4/20 Cannabis Insights Poll,” which surveyed 1,100 cannabis and non-cannabis consumers in the ...
Curaleaf Releases Inaugural “Rooted in Good” Social Impact Report
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF) , an international provider of consumer products in cannabis, has released its annual 2021 Social Impact Report. The report highlights the community achievements and ...
West Michigan Cannabis Workers Celebrate 4/20 By Saying “Union Yes!”
GRAND RAPIDS, Mich. - The United Food and Commercial Workers (UFCW) Local 951 announced that workers at Heritage Provisioning, a Battle Creek retail cannabis facility, became the first such group to authorize union representation in ...
Pharmaceutical Industry in South Africa 2022 and the Government’s Cannabis Masterplan
Dublin - The "Pharmaceutical Industry in South Africa 2022" report has been added to ResearchAndMarkets.com's offering. The importance of the pharmaceutical industry has been amplified by the global health crisis. South Africa has the world's ...
This Week: New Jersey Starts Sales of Recreational Cannabis on April 21st, 2022
TRENTON- New Jersey voters passed cannabis legalization in 2020, and you're probably aware that cannabis can now be legally purchased in the state as of Thursday, April 21st. The Cannabis Regulatory Commission has approved seven ...
Off-Duty Cops in New Jersey Can Get Stoned, Says State’s Attorney General
TRENTON-New Jersey Attorney General Matthew Platkin stated last week that under the state's new cannabis legislation, off-duty cops will be able to buy and consume cannabis. In a statement emailed to New Jersey police departments ...
Can a Cannabis Company Pay a Commission to Someone Who Helps Raise Capital?
NEW YORK––There are some horrible stories of people getting ripped-off by so-called cannabis capital raise experts. Cannabis companies cannot, and in almost all cases, should not, pay any kind of fees to an unlicensed broker. ...
Harvard University: Psilocybin Appears To Protect Against Opioid Use Disorders
PORTLAND- Adults who have used psilocybin – a psychedelic drug found in hallucinogenic mushrooms – at some point in their life are 30 percent less likely to develop opioid use problems, according to a new ...
MJUnpacked: New York City: Where Established Investors Meet Brands & Retailers
NEW YORK—MJ Unpacked, the first cannabis CPG trade event designed to both drive commerce and integrate access to capital, returns May 18-20 in New York City. MJ Unpacked is the first national cannabis event exclusive ...
Verano’s Zen Leaf Elizabeth and Lawrence Dispensaries Ready to Welcome New Jersey Personal Use Cannabis Customers
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a multi-state cannabis company, celebrated the New Jersey Cannabis Regulatory Commission’s announcement that personal use cannabis sales will commence in the state on Thursday, April 21, ...
MariMed Receives Maryland State Approval for Transfer of Ownership of Kind Therapeutics USA
NORWOOD, Mass. - MariMed Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced that the Maryland Medical Cannabis Commission (MMCC) has approved the transfer of 100% of the ownership of ...
