Legal Affairs
German Medical Cannabis Market Sees Significant Growth
LOS ANGELES- Germany's medical cannabis industry is experiencing substantial growth, driven by recent regulatory reforms and increasing patient demand. Companies such as Cantourage are at the forefront of this expansion, capitalizing on the evolving legal ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Colorado Issues Initial Psilocybin Business Licenses
LOS ANGELES- In January 2025, Colorado began accepting applications for psilocybin-related business licenses, following the approval of regulations by the Department of Regulatory Agencies and the Department of Revenue. These licenses encompass roles such as ...
LEEF Brands to Enter New York’s Expanding Cannabis Market with Acquisition of Tier 1 Processing License
LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to ...
Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES- Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, has bolstered its financial position by obtaining approximately $9.7 million through two strategic financial maneuvers. Employee Retention Credit (ERC) Refund Proceeds The company received ...
German Medical Cannabis Market Sees Significant Growth
LOS ANGELES- Germany's medical cannabis industry is experiencing substantial growth, driven by recent regulatory reforms and increasing patient demand. Companies such as Cantourage are at the forefront of this expansion, capitalizing on the evolving legal ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
GrowGeneration Announces Opening of a New Hydroponic Garden Center in Ardmore, Oklahoma
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), announced the opening of a new hydroponic garden center at 1511 Broadway Street, in Ardmore Oklahoma. This 25,000 square foot location is conveniently located in southern Oklahoma at Interstate ...
Trulieve Announces Resale Registration Statement Filings
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced that it publicly filed a resale registration on Form S-1 with the United States Securities and Exchange Commission on January 21, 2022 to register ...
Last Prisoner Project: Rudi Gammo Clemency Campaign: Alert
LOS ANGELES–In 2018, Rudi Gammo was sentenced to 5.5 years in state prison. His crime? Operating a city of Detroit-sanctioned medical dispensary, and allowing the caregivers who supplied the dispensary with medical cannabis to cultivate ...
Cresco Labs Announces Termination of Blair Wellness Acquisition
CHICAGO--Cresco Labs (CSE:CL) (OTCQX:CRLBF) , a vertically integrated multi-state operator and wholesaler of branded cannabis products, announced today the termination of the previously announced definitive agreement to acquire 100% of the outstanding equity interest in ...
Harvest and Trulieve Celebrate One Year Anniversary of Recreational Cannabis Sales in Arizona
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF),announced plans to celebrate the one year anniversary of recreational cannabis sales in Arizona through a series of in-store activations, product specials and celebrations. All Trulieve-affiliated ...
Numinus Wellness Inc. Reports Q1 2022 Results
VANCOUVER, BC - Numinus Wellness Inc. (TSX: NUMI) (OTC: NUMIF), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its fiscal first quarter results for the three months ended ...
Cannara Biotech Inc. Reports Fiscal First Quarter 2022 Financial Results
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a producer of premium-grade cannabis and derivative products with two mega facilities based in Québec spanning over 1,650,000 sq. ft., today announced its fiscal ...
Boston Hemp Inc.: What Can Hemp Flower Cannabinoids Do For You?
BOSTON - Recently within the hemp community, it's been theorized 11 cannabinoids from the hemp plant could help your health. A number of these hemp flower cannabinoids grow naturally within the plant. CBGA, CBDA, THCA, ...
Canada: Growing Percentage of Cannabis Consumers Transitioning to the Legal Marketplace
Waterloo, Canada– (NORML) A growing number of Canadians who consume cannabis are obtaining it from the legal marketplace, according to data published in the journal Drug and Alcohol Dependence. Investigators affiliated with the University of Waterloo, School of ...
US Hemp & Cannabis Leaders Go To Costa Rica for Event Celebrating Costa Rica’s Imminent Cannabis Legalization
SAN JOSE, COSTA RICA–Experts in the medical cannabis and industrial hemp presenting subjects including; genetics, therapeutic medical applications, cultivation, construction, textiles, livestock feed, manufacturing, climate initiatives, science, and technology are presenting in San Jose, Costa ...
Akerna Appoints Current COO Ray Thompson as President & COO
DENVER - Akerna (Nasdaq: KERN), an enterprise software company announced the appointment of the Company's current COO, Ray Thompson, as Akerna's President and COO effective today, January 20. Mr. Thompson brings a wealth of company ...
BESO Wellness Launches CBD-Powered Line of Topical Therapeutics Used to Manage Pain by NBA, NFL, MMA Athletes and VIPs
LOS ANGELES - Created by massage therapist and former NBA wife, Megan Blackwell, whose celebrity clientele includes some of the most active professional athletes on the sports scene and celebrities in the entertainment industry suffering ...
Six Labs Launches Higgs Products in Michigan
CHESANING, Mich. - Six Labs, a Michigan-licensed cultivator, announced that it is continuing to expand its Michigan portfolio of brands with the addition of Higgs's award-winning luxury cannabis brand. In addition to Michigan, Higgs is ...
Canntab Officially Launches Its Online E-commerce Platform
TORONTO - Canntab Therapeutics Limited (CSE: PILL) (OTCQB: CTABF) (FRA: TBF1), announced the official launch of its online e-commerce platform and web site at www.Canntab.ca. The E-Commerce platform and web site provides Canadians with an ...
Global Market Insights Inc.: Industrial Hemp Market to exceed USD 310 million valuation by 2027
SELBYVILLE, Del.- According to the report published by Global Market Insights Inc., the Industrial Hemp Market size was over USD 205 million in 2020 and is speculated to reach a substantial valuation of around USD ...
Green Roads Launches ‘Own the Day’ Brand Campaign
KELOWNA, BC - Green Roads, a subsidiary of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS)), announces the launch of its brand campaign "Own the Day". The campaign celebrates Green Roads' products and their ability ...
ACS Laboratory Announces New THCOa Safety Bundle
BOCA RATON, Fla. - ACS Laboratory, hemp and cannabis testing facility in the eastern U.S., has developed the THCOa Safety Bundle Test, a testing panel to test for THC-O Acetate (THCOa), acetic anhydride and other ...
Open Book Extracts Expands Business Development and Regulatory Team to Support European Growth and Distribution Efforts
ROXBORO, N.C. - Open Book Extracts (OBX), a cGMP-certified manufacturer and distributor of the industry's quality cannabinoid ingredients and finished products, announced the addition of Tony Reeves and Tony Scanlan to its European sales and ...
Curaleaf Completes Acquisition of Bloom Dispensaries
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced the completion of its previously announced acquisition of Bloom Dispensaries, a single state cannabis operator ...
Martha Stewart CBD Launches its Category Expansion with New Line of CBD Wellness Topicals
SMITHS FALLS, ON and NEW YORK - Martha Stewart CBD unveiled Martha Stewart CBD Wellness Topicals, marking the brand's first-ever category expansion in its growing CBD portfolio. Martha Stewart CBD provides consumers with an easy ...
AMP Alternative Medical Products GmbH becomes Exclusive Distribution Partner of a Selection of Little Green Pharma Extracts in Germany
HAMBURG, Germany and PERTH, Australia - Greenrise Global Brands Inc. (Frankfurt: C4T, ISIN: CA39540L1085) (CSE: XCX) a distributor of medical and CBD wellness cannabis products in Germany announces that its subsidiary, AMP Alternative Medical Products ...
Canopy Growth Stock Sinks Below $10 Per Share For First Time Since 2017
TORONTO-Canadian LP Canopy Growth Corporation (NADSDAQ: CGC) continued its downward momentum this week, pulling down the other big players in Canadian Cannabis. Indeed, CGC shares were trading lower today than they were late 2017. During ...
Burns & Levinson Expands National Cannabis Business Law Practice With Two Lateral Hires
BOSTON - Burns & Levinson announced that Max Borg has joined the firm as a partner and Douglas Ginn has joined as an associate in its fast-growing, nationally-known Cannabis Business & Law Advisory Group. Borg ...
Item 9 Labs Corp. Reports Record FY 2021 Annual Financial Results with Revenue Growth of 170% to $21.9 Million Revenue
PHOENIX - Item 9 Labs Corp. (OTCQX: INLB) — a cannabis dispensary franchisor and operator reported operating and financial results for the 12 months ended September 30, 2021, the Company's fiscal year 2021. Item 9 ...
GrowGeneration Announces Social Equity Initiative
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), announced that, together with Harvest 360 Technologies, LLC (H360), they are launching a new National Program to support education and training for Social Equity applications. Regulations in both New ...
