Legal Affairs
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Cannabis Prices Decline in New York Amid Market Expansion
LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access. Price Reductions Across Product Categories Recent data indicates a ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
Village Farms International Granted 180-Day Extension to Meet NASDAQ
LOS ANGELES- Village Farms International Inc.has received a 180-day extension from The Nasdaq Stock Market LLC to regain compliance with the exchange's minimum bid price requirement. This extension follows the expiration of the initial compliance ...
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
HEXO Provides Update on “The Path Forward”; Identifies $15 Million in Cost Savings
GATINEAU, Quebec–HEXO Corp. (TSX: HEXO; NASDAQ: HEXO), a producer of cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis ...
Unrivaled Brands Expands Product Offering Through Distribution Agreement with POTTERS Cannabis Co.
SANTA ANA -- Unrivaled Brands, Inc. (OTCQX: UNRV) today announced a distribution agreement with POTTERS Cannabis Co., a legacy California cannabis vape cartridge brand. The Agreement will bring Potters’ diverse lineup of products into Unrivaled’s California ...
Gage Growth Corp. Launches Pure Beauty Products in Michigan Stores
DETROIT–Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), a premium cannabis brand and operator in Michigan, announced that the Company will launch products from Pure Beauty, starting Friday, February 11th. Gage previously announced an exclusive five-year ...
Two More Studies Link Cannabis Use to Greater Levels of Exercise
CAMBRIDGE, United Kingdom–In two representative studies published last year, an association was observed that cannabis users have greater levels of physical activity compared to those who did not use cannabis. Authors of the first study, published ...
Vilsack Calls Out Hemp During Announcement of USDA’s $1 Billion Climate Investment
JEFFERSON CITY U.S. Agriculture Secretary Tom Vilsack (featured picture) paid a visit to Lincoln University on Monday and announced that the USDA will invest $1 billion in climate-smart commodities and provide funding for pilot projects. ...
Apex Files Phase 2a Clinical Trial Application with Health Canada Announces Series A Financing
VANCOUVER, B.C.,–Apex Labs is also announce the filing of a phase 2a Clinical Trial Application with Health Canada on February 3rd, 2022. This CTA is for a randomized, double-blind, placebo-controlled, dose-finding study to evaluate the ...
Fyllo Unveils Jurisdiction Dashboard to Accelerate Regulatory Research
NEW YORK-- Fyllo, a leader in compliance-first SaaS solutions for highly regulated, high-growth industries, announced the launch of Jurisdiction Dashboard, a new feature in the Fyllo Regulatory Database. The dashboard, which updates in real-time, provides ...
New Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SAN FRANCISCO--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 and struggles. When asked ...
CANOPY GROWTH REPORTS THIRD QUARTER FISCAL 2022 FINANCIAL RESULTS
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the third quarter fiscal 2022 ended December 31, 2021. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Encouraging ...
First African Cannabis SPAC Planned by Cilo Cybin Founder Theron
CAPE TOWN– Cilo Cybin, the first firm in South Africa to be approved by regulators to cultivate and sell cannabis while researching the benefits of magic mushrooms, is mulling a listing in Johannesburg...and Luxembourg, according to ...
Leafly Begins Trading on Nasdaq Under ‘LFLY’ Following SPAC Merger with Merida Merger Corp
SEATTLE & NEW YORK–Leafly Holdings Inc., a leading online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ), a special purpose acquisition company sponsored by Merida Capital Holdings, today ...
Thompson Duke Industrial Automates Filling and Capping of Dablicator™ Oil Applicator
PORTLAND, Ore.- Thompson Duke Industrial, cannabis oil vaporizer device filling and capping equipment, is now providing automated solutions for filling and capping the Dablicator™ Oil Applicator. The patented Dablicator™ Oil Applicator, invented by California's Jetty ...
Standard Insights Announces an AI-Driven Analytics Integration with Flowhub
ATLANTA - Standard Insights, an AI as a Service marketing platform announces an integration partnership with Flowhub, a cannabis point-of-sale solution with a valuation of over $200 million that includes leading investors Headline, Poseidon, and ...
Enveric Biosciences Announces Successful Synthesis and Filing of Provisional Patent
NAPLES, Fla. - Enveric Biosciences (NASDAQ: ENVB), a neuroscience company developing next-generation, psychedelic-inspired mental health, and oncology treatments, announced the development of EV104a and EV104b, new molecular conjugates for Osteoarthritis and other pain indications. The ...
Schwazze Closes New Mexico Acquisition
DENVER - Schwazze, (OTCQX: SHWZ), a cannabis operators in Colorado, announced that it has closed the transaction to acquire substantially all the operating assets of Reynold Greenleaf & Associates, LLC, and the equity of Elemental ...
Sierra Sage Herbs Acquired By Creso Pharma
LYONS, Colo. - Sierra Sage Herbs, maker of the best-selling Green Goo, Southern Butter and Good Goo natural products brands, announced its acquisition by Australia's Creso Pharma Limited (ASX: CPH, OTC: COPHF, FRA: 1X8). The ...
Canntab Signs Historic Agreement With First Nations Growers GP INC.
TORONTO - Canntab Therapeutics Limited (CSE:PILL) (OTCQB:CTABF) (FRA:TBF1), an innovator of cannabinoid and terpene blends in hard pill form for therapeutic applications, announced a strategic planning collaboration and commercial partnership to create an Indigenous Opiate ...
Charlotte’s Web Achieves ISO Certification for In-House Lab Testing
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has achieved International Organization for Standardization (ISO) 17025 certification. This certifies that Charlotte's Web has met the technical and quality benchmarks required by ISO 17025 ...
TerrAscend Announces Key Leadership Team Additions
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced the appointment of Charishma Kothari as SVP Marketing, Charles Oster as SVP Sales, and Jared Anderson as SVP ...
Aurora Cannabis’s Reliva Expands Portfolio with New CBD Brand, KG7
EDMONTON, AB - Reliva, an American CBD brand and subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced the launch of KG7, a new high-quality ...
Assemblyman Thurston “Smitty” Smith Introduces Legislation to Increase Penalties on Industrial-Grade Illegal Cannabis Grows
APPLE VALLEY, CA – Today, Assemblyman Thurston “Smitty” Smith introduced legislation that seeks to combat illegal marijuana grows that have been proliferating throughout the rural High Desert communities. AB 1725 would make changes to Proposition 64 to increase penalties ...
Ace Valley Brand Expands Product Portfolio
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced the extension of the Ace Valley brand portfolio, bringing two new beverages and hard candy formats ...
LIM College to Offer Master’s Degree in The Business of Cannabis
NEW YORK - LIM College, a leading educational authority in the business of fashion and its adjacent fields, is launching a Master of Professional Studies (MPS) degree program in The Business of Cannabis. The College ...
My Next Health to Support NFL funded University of Regina Research on Concussions and Pain Management
NEW YORK - My Next Health Inc. announced its $400,000 USD in-kind support of the medical research team at the University of Regina in Canada, along with the $570,030 USD awarded from the National Football ...
Abaca Crosses $2 Billion Dollars in Compliant Cannabis Commerce
NORTH LITTLE ROCK, Ark. - Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry. The company's growth is fueled by aligning its bank-backed financial technology ...
