Legal Affairs
Psyence BioMed Ventures into Psilocybin’s Role in Aging Research
NEW YORK – Psyence BioMedical Ltd. disclosed its entry into longevity science with a new program probing psilocybin's influence on key aging indicators. The initiative, conducted alongside South African academics, marks the company's first foray ...
Kenyan MP Advocates for Regulated Cannabis Framework
NAIROBI – Peter Kalerwa Salasya, the outspoken member of Parliament for Kenya's Mumias East constituency, has ignited fresh debate on Сannabis policy by urging the government to pursue legalization under strict controls. Salasya highlighted the ...
OPINION: The Looming Federal Clampdown on THC Drinks and Hemp-Derived Edibles: What It Means for the Industry
NEW YORK- The quiet addition of a single paragraph in November’s federal shutdown bill has sent shockwaves through one of the fastest-growing segments of U.S. Cannabis: hemp-derived THC beverages and edibles. Unless Congress intervenes, a ...
Agrify Corp Rebrands to RYTHM Inc Following $50M Green Thumb Brands Portfolio Acquisition
CHICAGO – Agrify Corporation has acquired a portfolio of intellectual property from Green Thumb Industries (GTI) for $50 million, including cannabis brands like RYTHM, Dogwalkers, Beboe, incredibles, &Shine, Doctor Solomon’s, Good Green, and Señorita. Concurrently, ...
DPA Petition Urges Trump to Fully Deschedule Cannabis Amid Rescheduling Discussions
LOS ANGELES – The Drug Policy Alliance (DPA) has launched a petition urging the Trump administration to remove Cannabis from the Controlled Substances Act (CSA), arguing that a proposed shift to Schedule III fails to ...
Ibogaine Gains Spotlight as Former House Speaker Calls for Wider Access
WASHINGTON, D.C. – Newt Gingrich, a Former House Speaker, has drawn attention to ibogaine, a psychedelic compound derived from the African iboga shrub, calling it a potential game-changer for treating addiction, post-traumatic stress disorder (PTSD), ...
Colombian President Pushing Congress for Swift Action on Full Cannabis Legalization
BOGOTÁ – Colombia's House of Representatives First Committee has passed a bill to legalize adult-use Cannabis, marking an early win for reformers in a country long at the center of global drug policy debates. Sponsored ...
Psyence BioMed Ventures into Psilocybin’s Role in Aging Research
NEW YORK – Psyence BioMedical Ltd. disclosed its entry into longevity science with a new program probing psilocybin's influence on key aging indicators. The initiative, conducted alongside South African academics, marks the company's first foray ...
Kenyan MP Advocates for Regulated Cannabis Framework
NAIROBI – Peter Kalerwa Salasya, the outspoken member of Parliament for Kenya's Mumias East constituency, has ignited fresh debate on Сannabis policy by urging the government to pursue legalization under strict controls. Salasya highlighted the ...
OPINION: The Looming Federal Clampdown on THC Drinks and Hemp-Derived Edibles: What It Means for the Industry
NEW YORK- The quiet addition of a single paragraph in November’s federal shutdown bill has sent shockwaves through one of the fastest-growing segments of U.S. Cannabis: hemp-derived THC beverages and edibles. Unless Congress intervenes, a ...
High Tide Reports Q1 2022 Financial Results Featuring Record Revenue of $72 Million, Increasing 34% Sequentially
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, filed its financial results for the first fiscal quarter of 2022, ...
Cannabis Payments Platform CanPay Exceeds Half a Billion Dollars in Retail Purchases
LITTLETON, Colo. - CanPay, a payment network for cannabis retailers and consumers, announced that it has surpassed half a billion dollars in transparent transactions in states where cannabis is legal. CanPay is now used at ...
Item 9 Labs Corp. to Acquire The Herbal Cure in Denver, Colorado
DENVER - Item 9 Labs Corp. (OTCQX: INLB) — announced that it has signed an Asset Purchase Agreement with The Herbal Cure, a medicinal and recreational dispensary and cultivator operating in Denver, Colorado. The Herbal ...
Jointly Raises $5 Million in Seed Funding
LOS ANGELES - Jointly, the cannabis wellness company, announced that it has completed a $5 million round of seed funding to deliver on its goal of helping people discover the benefits of purposeful cannabis consumption. ...
Mindcure: Announce Executive and Employee Reductions & Cost Saving Measures
VANCOUVER, B.C. – Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH), announced today that a special committee of the Company’s board of directors has concluded the initial phases of its previously announced strategic ...
Tilray Medical Expands Offering in Malta and Launches Medical Cannabis Oil Products in Market
LEAMINGTON, Ontario - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, announced that its medical cannabis ...
Verano Opening First West Virginia Medical Cannabis Dispensary, Zen Leaf Morgantown
CHICAGO - Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a cannabis company, announced the grand opening of its first West Virginia medical cannabis dispensary, Zen Leaf Morgantown, located at 205 Venture Drive, on Friday, March ...
Ayr Wellness Reports Fourth Quarter and Full Year 2021 Results
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a cannabis multi-state operator (MSO), is reporting financial results for the three and twelve months ended December 31, 2021. Unless otherwise noted, all results are presented ...
Clever Leaves Appoints William Muecke to Board of Directors
BOCA RATON, Fla. - Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), an operator and licensed producer of pharmaceutical-grade cannabinoids, announced that it has appointed William Muecke to its board of directors, effective March 25, 2022, ...
CBD Gummies Market Size Worth $12.18Bn, Globally, by 2028 at 28.3% CAGR
The CBD Gummies Market Size, Growth driven by the rising popularity of CBD gummies owing to their therapeutic effects, surging influence of social media and celebrities, growing awareness regarding the health benefits of CBD products ...
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) reported financial results for its fourth quarter and year ending December 31, 2021. Fourth Quarter 2021 and 2021 ...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year
TORONTO - TerrAscend Corp. (CSE: TER) ( OTCQX: TRSSF), a North American cannabis operator, reported its financial results for the fourth quarter and full year periods ending December 31, 2021. All amounts are expressed in ...
The Valens Company Continues to Grow National Market Share
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, is pleased to provide an update on its recent recreational market share in Canada. Tyler Robson, Chief Executive Officer, ...
MariMed Doubles Full Year Revenue and Adjusted EBITDA As It Reports Q4 and Full Year 2021 Earnings
NORWOOD, Mass. - MariMed, Inc. (OTCQX: MRMD), a multi-state cannabis operator focused on improving lives every day, announced its financial and operating results for the fourth quarter and full year ended December 31, 2021. FOURTH ...
CannTrust Exits Creditor Protection With New Investor, Plans to Rebrand
VAUGHAN, ONTARIO— CannTrust Holdings Inc. announced it will rebrand and change it's name after it emerged from court-supervised proceedings under the Canadian Companies’ Creditors Arrangement Act. This change in fortunes came about when a CannTrust ...
ACCM Announces – Launch of Pennsylvania Advocacy Initiatives Including Work to Approve Delivery
Full Yes We Cann! and Elevated States Programming Will Align, Educate, and Support New and Existing Medical Cannabis Patients WASHINGTON - The American Council of Cannabis Medicine (ACCM) announced that Pennsylvania is fully opening up ...
Schwazze Signs Definitive Documents to Acquire Assets of Urban Health & Wellness, Inc.
DENVER - Schwazze, (OTCQX: SHWZ), announced that it has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West ...
Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4
LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around ...
Trees Corporation Announces Closing of Acquisition of Miraculo Inc. and Leadership Changes
TORONTO - Trees Corporation (NEO: TREE, a Canadian cannabis retailer, announced that it has completed its previously announced acquisition of Miraculo Inc. pursuant to the terms of an amalgamation agreement dated February 7, 2022 whereby ...
Ikänik Farms Announces Executive Change and Corporate Direction
TORONTO - Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has announced that Brian Baca has tendered his resignation as CEO and Director of the Company effectively immediately. Borja Sanz De Madrid has been appointed interim ...
IM Cannabis Closes Three Previously Announced Strategic Acquisitions in Israel
TORONTO and GLIL YAM, Israel - IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), a medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has completed three strategic acquisitions announced in 2021. ...
Kulbi and NMBLProducts Announce Exclusive Partnership for Amazon.com
LOS ANGELES - Kulbi, creators of the world renowned Blackbox product - www.blackboxgoods.com - has signed an exclusive deal to officially be the only seller worldwide to now carry the NMBL GO, the top trending ...
TerrAscend to Launch Mobile Retail App on the Apple App Store
TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, launched The Apothecarium mobile retail app for Apple iOS devices. Available for download through the Apple App Store for customers in New ...
Curaleaf Appoints Neil Davidson as Interim Chief Financial Officer
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis, announced today that it has appointed Neil Davidson as Interim Chief Financial Officer, effective March 14, ...
Neptune Wellness Solutions Inc. Closes 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 closed on the previously announced registered direct ...
