Legal Affairs
Trump Administration Supports Psychedelic Research in Mental‑Health Efforts
LOS ANGELES- The Trump administration is showing growing support for research into psychedelics such as MDMA, psilocybin, and ibogaine as potential treatments for mental health conditions. Led by Health and Human Services (HHS) Secretary Robert ...
ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES- ProStar SEO, a Canadian firm specializing in search engine optimization, has released new insights identifying the most influential Google ranking factors specific to cannabis industry websites. The report, based on a large-scale analysis ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 settlement in a lawsuit filed by employees of Timber Cannabis, a seven-location cannabis dispensary chain in Michigan. The lawsuit alleged that management appropriated tips left ...
Cresco Labs Reports: Financial Results for Q4 and Full Year ending December 31, 2024
LOS ANGELES- Cresco Labs Inc., a cannabis company, has announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported an operating cash flow of $132 million for ...
Vermont Senators Propose Expansion of Psychedelic Therapy Advisory Group
LOS ANGELES- A group of Vermont state senators has introduced Senate Bill 106 (S.106), aiming to extend and expand the scope of the existing Psychedelic Therapy Advisory Working Group. The bill proposes to continue the ...
Idaho Lawmakers Push to Restrict Citizen-Led Ballot Initiatives on Cannabis and Drug Reform
BOISE - Idaho lawmakers have taken a significant step toward restricting citizen-led ballot initiatives related to cannabis and other drug reforms. The Idaho Senate recently passed a House-approved bill that would put a constitutional amendment ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
Trump Administration Supports Psychedelic Research in Mental‑Health Efforts
LOS ANGELES- The Trump administration is showing growing support for research into psychedelics such as MDMA, psilocybin, and ibogaine as potential treatments for mental health conditions. Led by Health and Human Services (HHS) Secretary Robert ...
ProStar SEO Identifies Key Google Ranking Factors for Cannabis Businesses
LOS ANGELES- ProStar SEO, a Canadian firm specializing in search engine optimization, has released new insights identifying the most influential Google ranking factors specific to cannabis industry websites. The report, based on a large-scale analysis ...
Michigan Cannabis Retailer to Pay $205K in Settlement Over Workers’ Lost Tips
LOS ANGELES— Federal Judge Matthew Leitman has approved a $205,000 settlement in a lawsuit filed by employees of Timber Cannabis, a seven-location cannabis dispensary chain in Michigan. The lawsuit alleged that management appropriated tips left ...
Tetra Pharm Technologies closes a €2 million Seed Round to expand its operations and initiate clinical trial
COPENHAGEN, Denmark - Tetra Pharm Technologies, a Danish Biotech company, secured €2M in its first round of funding led by Leafy Tunnel, a cannabis and psychedelics specialist European VC fund and other notable investors including ...
Who will be the Amazon/Tesla of the cannabis industry? Key To Life Supply fits the bill
BROOMFIELD, Colo.- Who will be the Amazon or Tesla of the cannabis industry? Key To Life Supply fits the bill. With exciting new technologies and products via their re-imagination initiative, Key To Life Supply is ...
Aurora and 22nd Century Group License Foundational Biosynthesis IP to Cronos Group
EDMONTON, AB, - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, together with 22nd Century Group, Inc. (NASDAQ: XXII) announced a three-way non-exclusive agreement to license biosynthesis ...
Rya Organics Debuts CBD Relax Gummies for Ultimate State of Relaxation and Immune Support
SAN DIEGO - Rya Organics by Cymbiotika, a leading CBD and plant-based wellness and beauty brand that creates pure, clinically-backed supplements, today launched their Relax Gummies to promote healing and relaxation. Rya Organics' Relax Gummies ...
Congress Wants to Regulate CBD. Flower Power Coffee Agrees.
FRAMINGHAM, Mass. - On December 2nd, Members of the House of Representatives introduced the bipartisan CBD PRODUCT SAFETY AND STANDARDIZATION ACT to "establish the clear regulatory framework needed to provide stability for business and ensure ...
Hollister Biosciences Inc. Launches Rebrand to Yourway Cannabis Brands Inc. and Bold New Strategy
VANCOUVER, BC- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) launched its previously announced rebrand to YourWay Cannabis Brands Inc. Hollister, with cannabis operations in California and Arizona, has completed an extensive rebranding to ...
Highway 33 Capital Transacts the First Arizona Rural Adult Use Cannabis License
MIAMI- In April the Arizona Department of Health Services awarded 13 new Adult Use cannabis retail licenses across eight rural counties. Cannabis operator John Yasso of 101010 Management was one of over 400 applicants granted ...
New Mexico Credit Union Receives the Nation’s First Financial Institution Certification for Cannabis and Hemp Banking Protocols
ALBUQUERQUE, N.M. - New Mexico Attorney General Hector Balderas announced that New Mexico-based US Eagle Federal Credit Union is the first financial institution to become certified in the country for outstanding U.S. monetary banking protocols ...
Survey: 70% of Weed Smokers Will Consume More Over the Holidays to Deal with Stress
TUSTIN, Calif. - A new survey from CBD Oracle, a cannabis consumer research company, has found that around 70% of cannabis consumers will use more over the holiday period, largely to help manage holiday stress. ...
Tyson 2.0, Iconic Heavyweight Champion Mike Tyson’s Cannabis Brand, Now Available Across California
ORANGE COUNTY, Calif. - Tyson 2.0, boxer, entrepreneur and icon Mike Tyson's newly launched cannabis company announced that its premium quality cannabis line is now available at more than 100 retailers across the state of ...
AUDACIOUS To Enter New York Cannabis Market Through Partnership with First Americans of Saint Regis Mohawk Tribe
LAS VEGAS - AUDACIOUS (CSE: AUSA) (OTC: AUSAF), an emerging global cannabis company with an expanding suite of multinational operations, announced it has entered into a letter of intent (LOI) with First Americans, LLC of ...
High Life Farms Introduces the Cannabis Distillate Cartridges to the Michigan Market with 4SCORE Brands
CHESANING, Mich. - High Life Farms , a cannabis company with operations in Michigan and California, is pleased to debut their collaboration with 4SCORE cannabis cartridges, expanding its product portfolio with premium distillate cartridges. Starting ...
Village Farms International to Voluntarily Delist from Toronto Stock Exchange; Shares to Remain Listed on Nasdaq
VANCOUVER, BC - Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) announced that it has applied and received approval for a voluntary delisting of its common shares from the Toronto Stock Exchange. With Village Farms' ...
Rooted Group Distributors Project They’ll Secure 3 More Licenses
SAN FRANCISCO - Rooted Group, California's cannabis delivery platform, has just secured 3 new licenses before the end of the year. Effective Immediately, Rooted Group has added to it's infrastructure by adding 3 more cannabis ...
Investors: A Perspective on Cannabis Stocks
LOS ANGELES– Cannabis is moving towards full legalization for recreational use and that is opening up a whole new potential industry. After the pandemic boom in 2020 which was the rising tide that lifted all ...
Curaleaf Announces $425 Million Private Placement of 8% Senior Secured Notes Due 2026
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced that it has received commitments for a private placement of 8.0% Senior Secured Notes due ...
HEXO Reports First Quarter 2022 Results and Launches New Strategic Plan, “The Path Forward”
GATINEAU– HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a Canadian producer of cannabis products, today reported its financial results for the fiscal quarter ended October 31, 2021 (Q1’22), and announced “The Path Forward”, a new strategic ...
UCASU saved on cannabis property’s target price by 60% through due diligence
ATLANTA - UC Asset LP (OTCQX: UCASU) announced the company's management team has just concluded the phase I due diligence on a piece of cannabis property in Oklahoma, and already reduced the target price by ...
Pfizer Bets Big on Arena’s Portfolio Including Cannabinoids in $6.7 Billion Deal
NEW YORK–Pfizer Inc (PFE.N) said on Monday it would buy drug developer Arena Pharmaceuticals Inc (ARNA.O) for $6.7 billion in cash, to add a promising treatment candidate that targets diseases affecting the stomach and intestine.The $100 per ...
Malta Becomes First EU Country to Legalize Adult-Use Recreational Cannabis
VALETTA–Malta's parliament approved the legalization of cannabis and cannabis cultivation for personal adult-use or, as it's called in America, 'recreational' cannabis- a first in Europe, although other countries tolerate cannabis use. Malta's move comes weeks ...
Akerna Addresses Prohibited Use of “Cashless ATMs” in the Cannabis Industry
DENVER - Akerna Corp.(Nasdaq: KERN), an enterprise software company and the developer of the comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, is providing the following information in response to investor ...
American Council of Cannabis Medicine Announces Proposed Medical Cannabis Legislation
WASHINGTON - Today the American Council of Cannabis Medicine (ACCM) announced its proposed draft federal legislation and the start of discussions with sponsors in the House and Senate. ACCM leadership expects to onboard initial sponsors ...
Aurora Cannabis Scores Highest Among Cannabis Corporate Boards
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company's increased ranking in The Globe and Mail's 2021 annual Report ...
Glass House Brands Secures US$100 Million Senior Secured Term Loan
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), announced that it has entered into a senior secured term loan agreement with a U.S.-based private credit ...
Dragonfly Biosciences UK Expects to Commence Trading under the Symbol DRF on the Australian Securities Exchange Ltd
LONDON - British Company, Dragonfly Biosciences UK, the makers of Dragonfly CBD to shelf range of CBD oils and skincare products, is excited to announce that its prospectus has been approved by the Australian Securities ...
