Legal Affairs
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
German Court Rules Prison Cells Qualify for Cannabis Possession Rules
LOS ANGELES- A Berlin appellate court (Kammergericht) has ruled that prisoners are legally permitted to possess up to 50 grams of cannabis in their cells for personal use, classifying prison quarters as the inmates’ “habitual residence.” ...
Hawaii Governor Vetoes Medical Cannabis Expansion Bill Over Privacy Concerns
LOS ANGELES– Hawaii Governor Josh Green has vetoed House Bill 302 (HB 302), a measure aimed at expanding the state’s medical cannabis program, due to concerns over patient privacy provisions, his office confirmed on June 9, ...
New Zealand Delegation Led by Zoë Reece Targets Multibillion‑Dollar European Medicinal Cannabis Market
LOS ANGELES- New Zealand trade delegation, including key export company Ora Pharm, is advancing into Europe’s growing medicinal cannabis market. CEO Zoë Reece is spearheading the mission, aiming to build clinical and commercial partnerships for cannabinoid-derived therapies ...
North Carolina Governor Proposes Cannabis Legalization to Curb Unregulated Hemp Market
LOS ANGELES- North Carolina Governor Josh Stein (D) has urged legalization and regulation of adult-use cannabis to address growing public health concerns surrounding the state’s unregulated hemp-derived THC market. In a video posted on X, ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
PharmaCielo Signs Sales Agreement with Greenstein to Supply THC Final Products through NOWEDA
TORONTO and RIONEGRO, Colombia - PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S.,announced that it had signed a sales agreement ...
Canbud Distribution Corp. Announces Intention to Stock Symbol to ”STPH”
TORONTO- Canbud Distribution Corp. (CSE: CBDX) (FSE: CDO) announced that it intends to change its name to "Steep Hill Inc." and its stock symbol to "STPH". The proposed Company name and stock symbol changes are ...
Survey Finds Cannabis Consumers Have Sex More Often
NORWOOD, Mass.-- Cannabis consumers ‘chews’ sex more frequently than non-users and believe using cannabis enhances their sex life, according to the results of a “sex + cannabis” survey commissioned by Betty's Eddies™ an all-natural cannabis edibles ...
Avicanna Enters into a Strategic Partnership with Tetra Bio-Pharma
TORONTO - Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial-stage, and international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to announce that it has ...
Clever Leaves Expands Relationship With Cannatrek in Australia With a Two-Year $3.6M Sales Agreement
BOCA RATON, Fla. and MELBOURNE, Australia - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a multinational operator and licensed producer of pharmaceutical-grade cannabinoids today announced an expansion of its relationship with Australian medical cannabis company ...
AWH Announces Promotion of Frank Perullo to President
NEW YORK - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator focused on bettering lives through cannabis, today announced that it has promoted the Company's Co-founder and Chief Strategy Officer, Frank ...
Cronos Group Provides Bi-Weekly MCTO Status Update
TORONTO - Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders. On November ...
Cannabis Sales Break Records Again in 2021 Reaching $2.2 Billion in Sales
DENVER–Cannabis sales broke another record last year, topping $2.22 billion in products sold, according to the Colorado Department of Revenue. This eclipses 2020 sales that reached upwards of $2.1 billion, which set a previous record. ...
The Flowr Corporation Announces First Successful High THC Medical Cannabis Harvest in Portugal
TORONTO - The Flowr Corporation (TSXV: FLWR, OTC: FWPF) to provide an operational update at its facilities located in Portugal owned and operated by Flowr’s subsidiary, Holigen Holdings Limited. “We still firmly believe that Holigen’s ...
Rose LifeScience introduces new line of accessible cannabis products under “Promenade” brand
HUNTINGDON, QC - Major Québec cannabis producer, distributer, and marketer ROSE LifeScience Inc. announced today the rollout of its newest brand, Promenade. The Promenade line will be commercialized through the Société Québécoise de Cannabis (SQDC). ...
Unrivaled Brands Closes Sale of Dyer Property for $13.4 Million
SANTA ANA, Calif. - Unrivaled Brands, Inc. (OTCQX: UNRV) announced the successful closing of the sale of the Company’s non-operating real property and building located on Dyer Road in Santa Ana, CA for $13.4 million. ...
Medical Marijuana, Inc. Promotes Chief Financial and Information Officer Todd Morrow to Company President
SAN DIEGO - Medical Marijuana, Inc. (OTC: MJNA), announced today that the Company’s Chief Financial and Information Officer, Todd Morrow, has been promoted and will now serve as the Company’s President. Prior to joining the ...
Slumber Sleep Aid Releases Full Spectrum CBD/CBN Gummies
DENVER - Slumber Sleep Aid™ is excited to announce the release of their new full spectrum CBD Sleep Gummies with CBN for sleep issues, joint pain and inflammation. The raspberry-flavored dual action gummies are blended ...
The Valens Company Begins Manufacturing Cannabis-Infused Beverages
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announced the successful commissioning and completion of first shipments from Pommies (otherwise known as Southern Cliff Brands) located in ...
Minority Cannabis Business Association to Unveil National Cannabis Equity Report and Digital Research Map
WASHINGTON - On February 10th, 2022, the Minority Cannabis Business Association (MCBA) will take the first step on a journey to usher in a new era of social equity with the release of the National ...
Neptune Reports Fiscal Third Quarter 2022 Financial Results
LAVAL, QC,- Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for ...
SCHWAZZE CLOSES ACQUISITION OF EMERALD FIELDS
DENVER–Schwazze, (OTCQX: SHWZ), announced today that it has closed the transaction to acquire MCG, LLC . Emerald Fields is the owner and operator of two retail cannabis dispensaries, located in Manitou Springs and Glendale, Colorado. This successful acquisition is part of the ...
Leaf Trade Announces National Partnership with Curaleaf
CHICAGO -- Leaf Trade, Inc. a wholesale cannabis marketplace that services cannabis sellers, brands, distributors and retailers in 25 markets, today announced a national partnership with Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading ...
Aurora Cannabis Announces Fiscal 2022 Second Quarter Results
EDMONTON, AB- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), today announced its financial and operational results for the second quarter fiscal 2022 ended December 31, 2021. "During the second quarter, we improved our Adjusted EBITDA ...
Harborside Inc. Announces Closing of First Tranche of Pelorus Debt Financing
OAKLAND– Harborside Inc. (CSE: HBOR), (OTCQX: HBORF), a California-focused, vertically-integrated cannabis enterprise, is pleased to announce the closing of the first tranche of its previously announced US$77.3 million debt financing with Pelorus Equity Group and to ...
Village Farms International Appoints Ann Gillin Lefever as Executive Vice President of Corporate Affairs
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) announced the appointment of Ann Gillin Lefever to the position of Executive Vice President of Corporate Affairs, reporting directly to the Chief Executive Officer, effective immediately. ...
High Tide Closes Acquisition of Bud Room, Securing Ownership of Fastendr™ Retail Kiosk and Smart Locker Technology
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announce that further to its press release dated January 5, 2022, ...
Thailand Becomes First Asian Country To Decriminalize Cannabis
BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the ...
Survey Reveals Security, Account Shutdowns Among Top Concerns of Cannabis Operators
SOUTH SAN FRANCISCO, Calif. - 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 ...
New York Office of Cannabis Management Cracks Down On Businesses ‘Gifting’ Cannabis
NEW YORK–The head of New York state’s Cannabis Control Board has declared that businesses that are giving away cannabis as a promotion with the purchase of an overpriced T-shirt, lighter or other item are breaking ...
