Legal Affairs
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis
LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
New Leafreport Pricing Report Shows 11,142% Price Difference Between the Cheapest and Most Expensive CBD Brands
TEL AVIV, Israel - Leafreport.com, the CBD industry's peer-reviewed watchdog website, announced the results of its comprehensive pricing review for cannabidiol (CBD) products from a variety of brands aimed at checking on prices across the ...
Schwazze Closes Acquisition of Drift
DENVER - Schwazze, (OTCQX:SHWZ), announced that it has closed the transaction to acquire the assets of BG3 Investments, LLC dba Drift which consists of two cannabis dispensaries located in Boulder, Colorado. This purchase continues Schwazze's ...
Medical Cannabis Bill Passes, Heads to Mississippi Governor
JACKSON, Miss. — Mississippi lawmakers are sending a bill to the governor that would establish a medical cannabis program for persons suffering from debilitating illnesses. Mississippi would join the majority of states that allow people ...
BioHarvest Sciences Inc. Projects 2022 Revenue to Grow 2.5X-3.5X to a Range of USD $5M-$7M
VANCOUVER, BC–BioHarvest Sciences Inc. (CSE: BHSC) announced that following the successful over-delivery of revenue targets versus guidance provided in 2021, the Company is estimating 2022 revenue to be between USD $5M-$7M, representing a significant growth ...
Hempcrete Submitted for Certification in US Building Codes
LOS ANGELES–The professional association representing the US hemp building industry announced that hemp and lime (hempcrete) insulation will be certified in US building codes. On Jan. 10, the US Hemp Building Foundation, the non-profit arm ...
Psyched Wellness Provides Update on Anti-Inflammatory Study with the National Research Council of Canada
TORONTO- Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9), a life sciences company focused on the production and distribution of artisanal functional mushrooms, is pleased to announce that the preliminary data from its study with ...
Numinus Wellness Inc. Graduates to the OTCQX Best Market
VANCOUVER, BC,- Numinus Wellness Inc. (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing psychedelic-assisted therapies, is pleased to announce that it will commence trading on the OTCQX® Best Market in the United States when the market ...
New York Cannabis Industry Leaders Unveil Roadmap To Equitable Cannabis Marketplace
NEW YORK CITY- The New York Cannabis Growers and Processors Association is an industry association that represents farmers, processors and other businesses in cannabis. The NYCGPA represent growers, processors, retailers, prospective license-holders, sponsors, and other ...
Elevate Holistics Donates $70k to Treat Veterans and Medicare Members
KANSAS CITY, Mo. - Elevate Holistics, a multistate solution provider in the medical marijuana industry, donated $70,000 in services to Veterans and Medicare members throughout 2021. "Medical marijuana is utilized as an effective treatment for ...
CERTIFi by Mercy College Partners with Green Flower to Offer Cannabis Certification Program
DOBBS FERRY, N.Y. - CERTIFi by Mercy College and Green Flower have announced a partnership that will provide two education tracks in the high-demand cannabis field. The eight-week and six-month certification offerings will allow students ...
Global CBD Brand Elixinol Wellness Introduces Two Sleep* Products
WESTMINSTER, Colo. - Elixinol, hemp-derived CBD brand and industry veteran, announced the launch of two new CBD products focused on supporting sleep*. Elixinol's Sleep Rapid Rest Liposome and Sleep Gummies, melatonin-free options for consumers to ...
Halo Collective Completes Acquisition of H2C Beverages and Securities Issuance to Independent Consultants and Related Parties
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) has completed the previously announced acquisition of 1285826 B.C. Ltd. (dba H2C Beverages), a company focused on cannabinoids and non-psychotropic mushroom functional beverages. The ...
Akerna Releases 2021 Cannabis Industry Year-End Review
DENVER - Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, announced the release of its annual Cannabis Industry ...
Announcing NWG AMPLIFY™ : A genetic trait that doubles hemp yields
FT. COLLINS, Colo. - New West Genetics announces AMPLIFY; a family of hemp varieties with a genetic trait that doubles grain and flower yields. This trait enables the transformation of hemp from a small acre ...
Compass Pathways Stock is Having a Bad Trip Despite Positive Psilocybin Trial Results
LOS ANGELES - Although Compass Pathways reported favorable findings in a depression trial last year, the company's stock plummeted late last year as investors presumably had already expected that result, and thus could be simply ...
Tilray Expands Medical Cannabis Product Offering in Australia
NEW YORK and SYDNEY - Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a global cannabis-lifestyle and consumer packaged goods company announced the expansion of its medical cannabis product offering in Australia and a new medical ...
Trulieve Celebrates Completion of Statewide Retail Rebrand in Pennsylvania
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), is hosting a statewide grand re-branding celebration spanning all Trulieve-affiliated Pennsylvania retail locations on Saturday, Jan. 29. Trulieve invites registered medical marijuana patients and caregivers ...
The Valens Company Launches Two New Brands in Value and Markets
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS)), a manufacturer of cannabis products, announced the launch of Versus, an evolution of its Verse value brand. The launch involves the introduction of two ...
Labstat International Inc. & The Blinc Group Study Finds Vape Habits Don’t Cross Borders
KITCHENER, ON - Labstat International Inc., Canada's independent third-party cannabis testing company, in partnership with The Blinc Group, Inc., the regulatory-focused designer and provider of premium, customized and bespoke vaporizer technologies, have conducted the first ...
Survey: Many Health Care Professionals Possess a “Poor” Understanding of Cannabis Use for Medical Purposes
Portland, OR (NORML)– A significant percentage of health care practitioners possess only limited knowledge about the use and efficacy of medical cannabis, according to survey data published in the Journal of the American Association of Nurse Practitioners. A ...
CULTA Announces Membership in the Sustainable Cannabis Coalition
BETHESDA, Md. - CULTA, an independent producer of craft cannabis and extracts in Maryland, announced that it's joined the Sustainable Cannabis Coalition (SCC). This is just the latest move in the cultivator's long-term and ongoing ...
Trade Roots Secures Final Retail License and Announces Management Restructuring Ahead of Store Opening
WAREHAM, Mass. Massachusetts Cannabis Control Commission awards Trade Roots a final retail license to go along with Trade Roots' final cultivation and product manufacturing licenses Adds two executive officers to further Trade Roots' growth and ...
Fohse Joins “Growing Belushi” With Jim Belushi on Discovery
LAS VEGAS - On 19 January 2022, "Growing Belushi" with Jim Belushi returned on Discovery with season 2 of the show. Fohse will be teaming up with Jim to equip his farm with LED fixtures ...
Mark Donovan Named Chief Operating Officer of TrueGreen
WILMINGTON, Del. - TrueGreen, a provider of smart packaging technology solutions for the cannabis industry, announced the appointment of Mark Donovan as its Chief Operating Officer (COO). An accomplished entrepreneur and executive with extensive experience ...
GrowGeneration Announces Opening of a New Hydroponic Garden Center in Ardmore, Oklahoma
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), announced the opening of a new hydroponic garden center at 1511 Broadway Street, in Ardmore Oklahoma. This 25,000 square foot location is conveniently located in southern Oklahoma at Interstate ...
