Legal Affairs
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
Blüm Holdings to Acquire Northern California Cannabis Dispensary
LOS ANGELES- Blüm Holdings Inc, a California-based publicly traded holding company and cannabis operator, has signed a binding all‑stock agreement to acquire a majority stake in a licensed adult‑use and medical cannabis dispensary in Northern ...
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Glass House Brands and UC Berkeley Collaborate on Hemp Research and Development
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has entered into a collaboration with the University of California, Berkeley, to conduct research on hemp. The partnership will focus on areas such as ...
Cannabis Testing Market Projected to Reach $3.2 Billion by 2030
LOS ANGELES- The global cannabis testing market is projected to experience significant growth, with estimates indicating an increase from $1.26 billion in 2025 to $2.33 billion by 2030, reflecting a compound annual growth rate (CAGR) ...
Brazilian App Turns Patient Adoption Into a Cannabis Data Asset
LOS ANGELES- Brazil’s health-tech startup Blis says its mobile platform now supports more than 300,000 registered patients, generates roughly R$2 million (about US$363,000) in monthly revenue and reaches users in more than 1,800 municipalities. By ...
Blüm Holdings to Acquire Northern California Cannabis Dispensary
LOS ANGELES- Blüm Holdings Inc, a California-based publicly traded holding company and cannabis operator, has signed a binding all‑stock agreement to acquire a majority stake in a licensed adult‑use and medical cannabis dispensary in Northern ...
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Crypto Cannabis Club Launches Cannabis Brand and Loyalty Program for NFT Owners
LOS ANGELES - Crypto Cannabis Club (CCC), the NFT collection and Metaverse community for crypto and cannabis enthusiasts, announced the launch of NFT-powered cannabis brand. Members of the CCC will receive significant discounts on premium ...
New Leafreport Pricing Report Shows 11,142% Price Difference Between the Cheapest and Most Expensive CBD Brands
TEL AVIV, Israel - Leafreport.com, the CBD industry's peer-reviewed watchdog website, announced the results of its comprehensive pricing review for cannabidiol (CBD) products from a variety of brands aimed at checking on prices across the ...
Schwazze Closes Acquisition of Drift
DENVER - Schwazze, (OTCQX:SHWZ), announced that it has closed the transaction to acquire the assets of BG3 Investments, LLC dba Drift which consists of two cannabis dispensaries located in Boulder, Colorado. This purchase continues Schwazze's ...
Medical Cannabis Bill Passes, Heads to Mississippi Governor
JACKSON, Miss. — Mississippi lawmakers are sending a bill to the governor that would establish a medical cannabis program for persons suffering from debilitating illnesses. Mississippi would join the majority of states that allow people ...
BioHarvest Sciences Inc. Projects 2022 Revenue to Grow 2.5X-3.5X to a Range of USD $5M-$7M
VANCOUVER, BC–BioHarvest Sciences Inc. (CSE: BHSC) announced that following the successful over-delivery of revenue targets versus guidance provided in 2021, the Company is estimating 2022 revenue to be between USD $5M-$7M, representing a significant growth ...
Hempcrete Submitted for Certification in US Building Codes
LOS ANGELES–The professional association representing the US hemp building industry announced that hemp and lime (hempcrete) insulation will be certified in US building codes. On Jan. 10, the US Hemp Building Foundation, the non-profit arm ...
Psyched Wellness Provides Update on Anti-Inflammatory Study with the National Research Council of Canada
TORONTO- Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9), a life sciences company focused on the production and distribution of artisanal functional mushrooms, is pleased to announce that the preliminary data from its study with ...
Numinus Wellness Inc. Graduates to the OTCQX Best Market
VANCOUVER, BC,- Numinus Wellness Inc. (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing psychedelic-assisted therapies, is pleased to announce that it will commence trading on the OTCQX® Best Market in the United States when the market ...
New York Cannabis Industry Leaders Unveil Roadmap To Equitable Cannabis Marketplace
NEW YORK CITY- The New York Cannabis Growers and Processors Association is an industry association that represents farmers, processors and other businesses in cannabis. The NYCGPA represent growers, processors, retailers, prospective license-holders, sponsors, and other ...
Elevate Holistics Donates $70k to Treat Veterans and Medicare Members
KANSAS CITY, Mo. - Elevate Holistics, a multistate solution provider in the medical marijuana industry, donated $70,000 in services to Veterans and Medicare members throughout 2021. "Medical marijuana is utilized as an effective treatment for ...
CERTIFi by Mercy College Partners with Green Flower to Offer Cannabis Certification Program
DOBBS FERRY, N.Y. - CERTIFi by Mercy College and Green Flower have announced a partnership that will provide two education tracks in the high-demand cannabis field. The eight-week and six-month certification offerings will allow students ...
Global CBD Brand Elixinol Wellness Introduces Two Sleep* Products
WESTMINSTER, Colo. - Elixinol, hemp-derived CBD brand and industry veteran, announced the launch of two new CBD products focused on supporting sleep*. Elixinol's Sleep Rapid Rest Liposome and Sleep Gummies, melatonin-free options for consumers to ...
Halo Collective Completes Acquisition of H2C Beverages and Securities Issuance to Independent Consultants and Related Parties
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) has completed the previously announced acquisition of 1285826 B.C. Ltd. (dba H2C Beverages), a company focused on cannabinoids and non-psychotropic mushroom functional beverages. The ...
Akerna Releases 2021 Cannabis Industry Year-End Review
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, announced the release of its annual Cannabis Industry ...
Announcing NWG AMPLIFY™ : A genetic trait that doubles hemp yields
FT. COLLINS, Colo. - New West Genetics announces AMPLIFY; a family of hemp varieties with a genetic trait that doubles grain and flower yields. This trait enables the transformation of hemp from a small acre ...
Compass Pathways Stock is Having a Bad Trip Despite Positive Psilocybin Trial Results
LOS ANGELES - Although Compass Pathways reported favorable findings in a depression trial last year, the company's stock plummeted late last year as investors presumably had already expected that result, and thus could be simply ...
Tilray Expands Medical Cannabis Product Offering in Australia
NEW YORK and SYDNEY - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of its medical cannabis product offering in Australia and a new medical ...
Trulieve Celebrates Completion of Statewide Retail Rebrand in Pennsylvania
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday, Jan. 29. Trulieve invites registered medical marijuana patients and caregivers ...
The Valens Company Launches Two New Brands in Value and Markets
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS)), a manufacturer of cannabis products, announced the launch of Versus, an evolution of its Verse value brand. The launch involves the introduction of two ...
Labstat International Inc. & The Blinc Group Study Finds Vape Habits Don’t Cross Borders
KITCHENER, ON - Labstat International Inc., Canada's independent third-party cannabis testing company, in partnership with The Blinc Group, Inc., the regulatory-focused designer and provider of premium, customized and bespoke vaporizer technologies, have conducted the first ...
Survey: Many Health Care Professionals Possess a “Poor” Understanding of Cannabis Use for Medical Purposes
Portland, OR (NORML)– A significant percentage of health care practitioners possess only limited knowledge about the use and efficacy of medical cannabis, according to survey data published in the Journal of the American Association of Nurse Practitioners. A ...
CULTA Announces Membership in the Sustainable Cannabis Coalition
BETHESDA, Md. - CULTA, an independent producer of craft cannabis and extracts in Maryland, announced that it's joined the Sustainable Cannabis Coalition (SCC). This is just the latest move in the cultivator's long-term and ongoing ...
Trade Roots Secures Final Retail License and Announces Management Restructuring Ahead of Store Opening
WAREHAM, Mass. Massachusetts Cannabis Control Commission awards Trade Roots a final retail license to go along with Trade Roots' final cultivation and product manufacturing licenses Adds two executive officers to further Trade Roots' growth and ...
Fohse Joins “Growing Belushi” With Jim Belushi on Discovery
LAS VEGAS - On 19 January 2022, "Growing Belushi" with Jim Belushi returned on Discovery with season 2 of the show. Fohse will be teaming up with Jim to equip his farm with LED fixtures ...
Mark Donovan Named Chief Operating Officer of TrueGreen
WILMINGTON, Del. - TrueGreen, a provider of smart packaging technology solutions for the cannabis industry, announced the appointment of Mark Donovan as its Chief Operating Officer (COO). An accomplished entrepreneur and executive with extensive experience ...
