Legal Affairs
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 ...
States Propose Cannabis Tax Hikes Amid Industry Pushback
LOS ANGELES- In Michigan, Governor Gretchen Whitmer's recent $3 billion infrastructure plan includes a proposal to close a cannabis tax loophole, potentially generating an additional $470 million for road repairs. This move has alarmed local ...
British American Tobacco Invests $86.8 Million in Organigram
LOS ANGELES- British American Tobacco (BAT), one of the world's largest tobacco companies, has finalized a strategic investment of approximately $86.8 million (C$124.6 million) in Organigram Holdings Inc., a prominent Canadian cannabis producer. This investment, ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
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 ...
Bespoke Financial Raises $125 Million to Expand Lending Capacity, Fund the Growth of the Cannabis Industry
LOS ANGELES– Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced today the closing of a $125 million credit facility. This infusion of capital from institutional investment funds is a strong show of confidence ...
Curaleaf And Fab 5 Freddy’s B NOBLE To Launch In Cannabis Dispensaries In New York
NEW YORK–B NOBLE Inc. and Curaleaf, a provider of consumer products in cannabis, today announced the expansion of its B NOBLE partnership into medical dispensary locations in New York. This expansion is one of the ...
BlosumCBD Launches New Auto-ship Program with 25% Discount and Other Perks
NEWPORT BEACH, Calif. - BlosumCBD and its CBD products provide everything a customer could want. In their online store, blosumcbd.com, you can choose between THC-free and full-spectrum formulations as well as other cannabidiol products to ...
Cannara Biotech Inc. upsizes CIBC Credit Facility to $22 Million
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), an integrated producer of premium-grade cannabis and derivative products with two cultivation facilities based in Québec spanning over 1,650,000 sq. ft., announced the refinancing ...
C3 Industries Opens 15,000 Sq. Ft. Manufacturing Facility in St. Louis, Missouri
ANN ARBOR, Mich. - C3 Industries , a multi-state cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is ...
Scientific Solutions Teams Up With Whistler Technologies To Offer Solventless Processing Solutions
SAN DIEGO - Scientific Solutions Inc, a San Diego-based company focused on equipment sales and training for all-in-one extraction solutions in the Hemp and Cannabis space, is to work closely with our supplier Whistler Technologies, ...
Conor Green Donates to the National Indigenous Women’s Resource Center
CHICAGO - Conor Green Consulting LLC announced a corporate donation to the National Indigenous Women's Resource Center (NIWRC) in support of their efforts to end violence against Native Women, as well as raising awareness and ...
Halo Collective Confirms Stock Symbol Reverts Back to HCANF
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that the Company's stock symbol has reverted back to "HCANF" following the temporary 20-day post-consolidation trading period associated with the previously announced share ...
The Parent Company Announces Tiffany McBride as Managing Director of Social Equity Ventures and Kerry Arnold as Chief People Officer
SAN JOSE, Calif. - TPCO Holding Corp., a California cannabis company, announced its appointments of Tiffany McBride as Managing Director of Social Equity Ventures and Kerry Arnold as Chief People Officer. The two positions further ...
Harborside Announce Merger with Urbn Leaf and Loudpack Creating A Major New Cannabis Company
OAKLAND–Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced it has entered into definitive agreements to acquire UL Holdings Inc., a top California cannabis retailer with a dominant position in Southern California, and LPF JV Corporation, ...
Cannabis Market Research Company Headset Completes $8.6M of Financing
SEATTLE–Headset, the provider of data and analytics to the cannabis industry, announced today that it has raised $3M of new capital led by Althea, a private equity investment firm. Other participating investors are Poseidon Investment Management, ...
Humble & Fume Inc. Appoints New Chairman of the Board: Jakob Ripshtein, CEO of Perennial Brands Inc
TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced the appointment of Jakob Ripshtein as Chairman of the Board (the "Board") effective today. Mr. Ripshtein succeeds ...
Fab 5 Freddy and Curaleaf Expand B NOBLE Cannabis Brand to New York Medical Market
NEW YORK - B NOBLE Inc. and Curaleaf, an international provider of consumer products in cannabis, announced the expansion of its B NOBLE Cannabis Brand partnership into medical dispensary locations in New York. This expansion ...
CannabCo Reveals 41% Odourless Cannabis™ Dry Flower Strain
BRAMPTON, ON - CannabCo Pharmaceutical Corp. (CannabCo), a Canadian company located in Brampton, Ontario,announced a milestone achievement with the testing of one of the industry's most potent cannabis strains at 41% total quantifiable cannabinoid content. ...
UAE Softens Drug Laws For Travelers With THC-based products
DUBAI— The United Arab Emirates has relaxed penalties for travelers who arrive in the country with THC-based products, the main intoxicant in cannabis. Famous for their harsh drug laws, the new law announced Sunday, says ...
Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings
OAKLAND, Calif. - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced that it has entered into definitive agreements to acquire UL Holdings Inc., a California cannabis retailer with a dominant position in ...
KOR Medical Launches Consumer Line of CBD and Related Cannabinoid Products to Support Mental and Physical Wellness
CHARLESTON, S.C. - Health innovation company KOR Medical --which produces cannabinoid products designed to support physical and mental wellness through expert engineering coupled with an individualized approach -- launches its initial consumer product line of ...
EAS Welcomes Maged Sharaf, Ph.D. as Senior Director, Labeling, Cannabis and Claims Consulting Services
ALEXANDRIA, Va., - EAS Consulting Group pleased to welcome Maged Sharaf, Ph.D. to the management team. As Senior Director, Labeling, Cannabis and Claims Consulting Services, he will be responsible for managing and providing label review ...
Trulieve Cannabis Corp. Issues Inaugural Environmental, Social, and Governance Report
TALLAHASSEE, Fla., - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), the multi-state operator (MSO) in the United States, announced the publication of its first Environmental, Social, and Governance (ESG) Report. The Report contains standard disclosures ...
EVIO, Inc. Announced Blockchain Partnership with Chroma Signet
HENDERSON, Nev. - EVIO, Inc. (OTC: EVIO) announced that the company will offer its customers blockchain verification services for cannabis, hemp, CBD and related products in partnership with Chroma Signet. Chroma Signet has developed a ...
Albert Labs (CSE: ABRT) Receive Conditional Approval for CSE Listing
VANCOUVER, BC - Albert Labs, today announced that it has received conditional approval for the listing of its common shares on the Canadian Securities Exchange in coordination with its previously announced transaction with ME Resource Corp. Subject ...
atai Life Sciences Increases its Ownership Position in COMPASS Pathways
NEW YORK– atai Life Sciences (Nasdaq: ATAI), a clinical-stage biopharmaceutical company in the treatment of mental health disorders, today announced that it has increased its ownership interest in COMPASS Pathways ("COMPASS"), from 19.4% to 20.8%. ...
High Tide Closes Acquisition of NuLeaf Naturals
CALGARY, AB - High Tide Inc. (TSXV: HITI) (NASDAQ: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced, that further to its press release dated November ...
Numinus Develops Proprietary Psychedelic Tests with New Toxicity and Potency Scans
VANCOUVER, BC - Numinus Wellness Inc. (TSXV: NUMI), a company psychedelics-focused mental healthcare, announced novel, proprietary methods for psychedelic mushroom compound screening. The testing, which was developed and validated in-house, will be available as part ...
HAVEN Dispensaries Feeds More Than 600 Families This Thanksgiving
LOS ANGELES - HAVEN Dispensaries, with 6 locations throughout Southern California, is teaming up with several local organizations to feed more than 600 families this Thanksgiving. Through its efforts with the "HAVEN Giving Thanks Donation ...
