Legal Affairs
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Recent developments in the Cannabis and psychedelics sectors point to a period of cautious optimism, marked by stock gains, legal battles, and innovative expansions. From property value boosts tied to legalization to ...
Case Study: Navigating Cannabis Tax Hikes in California & New Mexico
LOS ANGELES- In July 2025, cannabis operators in California and New Mexico woke up to another line item tightening their margins: higher excise taxes.California’s excise tax jumped from 15% to 19% — a 25% increase. ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Minnesota Enacts Law Enhancing Employment Protections for Medical Cannabis Patients
LOS ANGELES— A new Minnesota law, Senate File 2370 (SF 2370), which took effect on May 24, 2025, introduces expanded employment protections for registered medical cannabis patients. Under the law, employers must now provide a ...
Legal Cannabis Shows Economic Gains and Stable Teen Use Trends
LOS ANGELES— A recent analysis from the Marijuana Policy Project (MPP) indicates that legal adult‑use cannabis sales have generated approximately $24.7 billion in state tax revenue since legalization began in 2014, with $4.4 billion collected in 2024 ...
High-Potency Cannabis Strains Impact Legal and Health Systems
LOS ANGELES— The expansion of high-potency cannabis products—such as concentrated extracts, edibles, and potent vaping liquids is increasingly challenging health-care facilities and legal systems across North America. Emergency departments in the U.S. and Canada report ...
Cannabis Stocks Rally but Remain Undervalued Relative to Peers, Viridian Report Finds
LOS ANGELES – U.S. Cannabis companies have posted impressive gains this year, yet their valuations still trail those of comparable industries, a new analysis from Viridian Capital Advisors indicates. The Weekly Chart by Viridian plots ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Recent developments in the Cannabis and psychedelics sectors point to a period of cautious optimism, marked by stock gains, legal battles, and innovative expansions. From property value boosts tied to legalization to ...
Case Study: Navigating Cannabis Tax Hikes in California & New Mexico
LOS ANGELES- In July 2025, cannabis operators in California and New Mexico woke up to another line item tightening their margins: higher excise taxes.California’s excise tax jumped from 15% to 19% — a 25% increase. ...
Acreage Holdings Reports Fourth Quarter and Full Year 2021 Financial Results
NEW YORK - Acreage Holdings, Inc. (CSE:ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a multi-state operator of cannabis cultivation and retailing facilities in the U.S., reported its financial results for the fourth quarter and full year ended ...
Green Thumb Industries Announces Departure of Wes Moore from Board of Directors
CHICAGO and VANCOUVER, British Columbia - Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise dispensaries, announced the resignation of Wes Moore from ...
Global Industrial Hemp Markets Report 2022-2030
Dublin - The "Industrial Hemp Market Size, Share & Trends Analysis Report by Product (Seeds, Fiber, Shivs), by Application (Animal Care, Textiles, Personal Care), by Region (North America, APAC), and Segment Forecasts, 2022-2030" report has ...
Goodness Growth Holdings Announces Fourth Quarter and Full Year 2021 Results
MINNEAPOLIS -- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, reported financial results for its fourth quarter and full year ended December 31, 2021. All currency figures ...
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 ...
