Legal Affairs
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
IM Cannabis Corp Reports Significant Growth in German Market
LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed ...
Cannabis Extract Shows Potential in Reducing Neuroinflammation After Spinal Cord Injury
LOS ANGELES- A recent study published in the journal Neuroscience indicates that a cannabis extract containing both tetrahydrocannabinol (THC) and cannabidiol (CBD) may significantly reduce neuroinflammation and improve motor function following spinal cord injury. ...
Brazil’s Cannabis Industry Advances Amid Legal and Research Developments
LOS ANGELES- Brazil is witnessing significant progress in its cannabis industry, marked by legal reforms and dedicated research initiatives. The National Health Surveillance Agency (ANVISA) has authorized the importation, manufacturing, and sale of cannabis-based medicines, ...
The History of Sungrown Cannabis in California
LOS ANGELES - California's connection to cannabis resembles a fabulous legend that blends the state's lush landscapes with the determination of its people. Sungrown cannabis, cultivated under the open sky and fueled by the full ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
The Valens Company Secures CAD$40 Million Term Loan
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announces that it has entered into a secured non-revolving term loan with 2361380 Ontario Limited , a private institutional ...
Materia Malta Begins First Sales of Medical Cannabis in Europe
LONDON, England - Materia today announced they have commenced sales of the first medical cannabis flower produced at its EU GMP certified manufacturing site. The inaugural product, named Carbasi Verde, was released with a potency ...
Luxury Brand Fumée Launches with Cannabis Pre-Rolls
SAN FRANCISCO - The California-based cannabis brand Fumée launched recently to offer customers pre-rolls that are filled entirely with cannabis flower. This is in contrast to many companies which also incorporate trim into their pre-rolls. ...
Bio Detection K9 Joins Forces With Green Stripe Naturals Ltd.
COLUMBUS, Ohio - Bio Detection K9 (BDK9), a Priority One Canine Company (P1K9) and the global leader in canine COVID-19 detection, along with Green Stripe Naturals (GSN), one of the first movers in the global ...
HighBridge Premium Cannabis Partners With Great White Industries of Arizona
PHOENIX - HighBridge Premium Cannabis announced the recent signing of a Beverage Production Agreement with Great White Industries. Located in Phoenix, Great White is a company under the Arizona Cannabis Industry. "Using their unique proprietary ...
ACS Laboratory Named a Colorado State Certified Hemp Testing Laboratory
BOCA RATON, Fla. - ACS Laboratory, the largest state-of-the-art testing facility for cannabis and hemp testing in the eastern half of the U.S., is proud to announce that it has been approved as a Colorado ...
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 ...
