Legal Affairs
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
Trump’s Potential Cannabis Rescheduling Sparked Stock Rise and Industry Uncertainty
LOS ANGELES – On August 11, 2025, President Donald Trump’s public comments on potentially rescheduling Cannabis from Schedule I to Schedule III under the Controlled Substances Act skyrocketed Cannabis stocks. The AdvisorShares Pure U.S. Cannabis ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
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 ...
Malaysia Weighs Cannabis Vaporizer Manufacturing for Export
LOS ANGELES— Malaysia’s Cabinet is set to decide whether to permit the manufacturing of cannabis vaporizer hardware for export, as Health Minister Datuk Seri Dr. Dzulkefly Ahmad confirmed following a multi-agency review. The proposal centers ...
North Carolina Governor Establishes Cannabis Advisory Council Amid Unregulated THC Market
LOS ANGELES- North Carolina Governor Josh Stein has issued an executive order forming a 24–30 member North Carolina Advisory Council on Cannabis to develop policy recommendations aimed at regulating cannabis products and formalizing legalization strategies, ...
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
Trump’s Potential Cannabis Rescheduling Sparked Stock Rise and Industry Uncertainty
LOS ANGELES – On August 11, 2025, President Donald Trump’s public comments on potentially rescheduling Cannabis from Schedule I to Schedule III under the Controlled Substances Act skyrocketed Cannabis stocks. The AdvisorShares Pure U.S. Cannabis ...
Hemp-Derived THC Beverages Gain Traction as U.S. Alcohol Consumption Declines
LOS ANGELES – Hemp-derived THC beverages generated $382 million in sales in 2024, a marked increase from previous years, yet 2025 projections indicate tempered growth at $571 million, climbing to $756 million by 2029 with ...
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 ...
AskGrowers Provides In-Depth Information and Reviews on Over 5,200 Cannabis Strains
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has collected information on more than 5,200 strains using 20 different metrics and ...
U.S. House of Representatives Advances Cannabis Banking Bill; Final Passage Uncertain
WASHINGTON, D.C.–On Friday, the United States House of Representatives approved a popular cannabis banking reform amendment proposed by the U.S. Rep. Ed Perlmutter (D-CO) that would provide protections to financial institutions assisting legal cannabis-based businesses ...
Deloitte: Cannabis Booming in Canada Adding $43.5 Billion to Canadian GDP
TORONTO- A new report by Deloitte says that $11 billion in cannabis sales has created 151,000 new jobs and added $43.5 billion to Canada’s GDP The cannabis market is in "robust health" three years after ...
Patients with Chronic Back Pain Reduce Their Opioid Use Following Initiation of Medical Cannabis Therapy
PHILADELPHIA- (NORML) Patients suffering from chronic back pain reduce their use of prescription opioids and report improvements in their condition following medical cannabis treatment, according to longitudinal data published in the journal Cureus. Investigators affiliated with Thomas Jefferson ...
Mississippi Becomes 37th State to Legalize Medical Cananbis
JACKSON, Mississippi — Mississippi has legalized medical cannabis for those suffering from terminal illnesses like cancer, AIDS, and sickle cell disease. Gov. Tate Reeves, a Republican, signed the bill on Wednesday, and it went into ...
The Cannabinoid Derived Pharmaceutical Market worth US$ 11.2 Billion by 2030
JERSEY CITY, N.J. - The newly published report titled "Global Cannabinoid Derived Pharmaceutical Market – By Trends, Industry Competition Analysis, Pipeline Analysis, COVID-19 Analysis, Revenue (US$ Millions) and Forecast Till 2030." features detailed industry analysis ...
Avicanna Provides Q4-2021 Results Fiscal 2022 Outlook
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 provide fourth quarter 2021 ...
Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility
WINNIPEG, Manitoba- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) announced that it has entered into a binding commitment letter with connectFirst Credit Union Ltd. for $32 million in credit facilities. The Proposed Credit Facilities ...
Agrify Acquires Lab Society
BILLERICA, Mass. - Agrify Corporation (Nasdaq:AGFY), the most innovative provider of cultivation and extraction solutions for the cannabis and hemp industry, announced it has acquired Lab Society, a distillation and solvent separation solutions for the ...
Consumer Interest Continues to Rise as CBD Sales Expected to Reach $16 Billion By 2026
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - Brightfield Group recently released a report on the sales of cannabidiol (CBD) in the United States. According to the report, sales of CBD reached $5.3 billion in ...
Awakn Life Sciences Signs MoU With MAPS
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced earlier this month that it has signed a Memorandum of Understanding with ...
Repsly Announces New Retail Technology Partnership with Curaleaf
BOSTON - Repsly, a retail technology platform, announced it has entered into a technology partnership agreement with Curaleaf (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis. This agreement will support ...
Trulieve Celebrates Statewide Retail Rebrand in Maryland
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, is hosting a statewide celebration commemorating the re-branding of its Maryland retail locations, formerly branded as Harvest. On ...
Phylos Closes $7.6 Million in Funding to Scale Market-Validated Cannabis and Hemp Genetics
PORTLAND, Ore. - Phylos®, a modern crop science company developing advanced Cannabis and hemp genetics, announces the close of its growth funding round totaling $7.6M led by Merida Capital Holdings. Other major investors in the ...
GenTech & Conquer Scientific Combine to Become Global Leader in Used & Refurbished Scientific Instruments
BUFFALO, N.Y.– Purity Scientific LLC, a parent company of GenTech Scientific which is a leading provider and servicer of refurbished scientific instruments, announced that it has acquired Conquer Scientific. The acquisition combined two industry leaders, allowing ...
Behind The Scenes: Bespoke Financial: Funding the Future of Cannabis
LOS ANGELES–In a relatively short period of time, Bespoke Financial has established itself as the nation’s first cannabis-focused fintech lending platform. They’ve been in the news lately because they recently secured a new $125 million ...
Verano to Enter New York, Minnesota & New Mexico Markets with Proposed Acquisition of Goodness Growth Holdings
CHICAGO-- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) are pleased to announce that they have entered into a definitive arrangement agreement to which Verano will acquire ...
Registration for Cannabis Training at Kalamazoo Valley Community College Now Open
KALAMAZOO - Registration is now open for Kalamazoo Valley Community College's three cannabis certificate programs. The college announced the addition of the programs last month in an effort to provide job skills training for those ...
TobaGrown to Launch Not-For-Profit Legal Cannabis Products In Manitoba
WINNIPEG, MB - TobaGrown has been fighting for the right for Manitobans to be able to legally grow their own Federally legal cannabis for the last two years in a Constitutional Challenge against the Manitoba ...
Decibel Announces Closing of its $54 Million Debt Refinancing with connectFirst Increasing its Access to Debt by $20 Million
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF), a cannabis producer, is pleased to announce that it has closed its previously announced financing with connectFirst Credit Union Ltd. in respect of $54 million of ...
Canna Advisors Expands Headquarters to New York & Celebrates with Launch of Inaugural “Pitch Deck” Competition
NEW YORK - Canna Advisors, industry in advisory services for cannabis business development, announced the expansion of their corporate headquarters to New York, NY– supplementing the company's established presence in Boulder, CO. Coinciding with the ...
ANAB Launches Cannabis Certificate Accreditation Program, Providing Quality Assurance to Consumers and Industry
NEW YORK - As part of its long-term effort to support safety, quality, and consumer health amid the continued growth of the cannabis industry, the ANSI National Accreditation Board (ANAB), a wholly owned subsidiary of ...
The Green Organic Dutchman Appoints New Chief Financial Officer
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced the appointment of Ms. Nichola Thompson to the position of Chief Financial Officer of the Company. A finance ...
Cannachange: A New Solution to Increase Sustainability in the Cannabis Industry
LOS ANGELES– (EDITOR: We invited O'Neil Rudolph, the CEO of cannachange to discuss her new business, we thank her for her contributions and insights she shares in this article). The Cannabis Industry produces over 150 ...
