Legal Affairs
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Atai and Beckley Psytech Report Positive Phase 2b Results for BPL‑003
LOS ANGELES- Atai Life Sciences and Beckley Psytech have announced positive topline results from their Phase 2b clinical trial of BPL‑003, an intranasal formulation of mebufotenin benzoate, in patients with treatment‑resistant depression (TRD). The multicenter, ...
iAnthus Reports Unanimous Approval at Annual General Meeting
LOS ANGELES- iAnthus Capital Holdings, a multi-state operator in licensed cannabis cultivation, processing, and retail, announced that its shareholders unanimously approved all items at the Annual General Meeting held on June 26, 2025. The approved resolutions included ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Atai and Beckley Psytech Report Positive Phase 2b Results for BPL‑003
LOS ANGELES- Atai Life Sciences and Beckley Psytech have announced positive topline results from their Phase 2b clinical trial of BPL‑003, an intranasal formulation of mebufotenin benzoate, in patients with treatment‑resistant depression (TRD). The multicenter, ...
iAnthus Reports Unanimous Approval at Annual General Meeting
LOS ANGELES- iAnthus Capital Holdings, a multi-state operator in licensed cannabis cultivation, processing, and retail, announced that its shareholders unanimously approved all items at the Annual General Meeting held on June 26, 2025. The approved resolutions included ...
Malta Becomes First EU Country to Legalize Adult-Use Recreational Cannabis
VALETTA–Malta's parliament approved the legalization of cannabis and cannabis cultivation for personal adult-use or, as it's called in America, 'recreational' cannabis- a first in Europe, although other countries tolerate cannabis use. Malta's move comes weeks ...
Akerna Addresses Prohibited Use of “Cashless ATMs” in the Cannabis Industry
DENVER - Akerna Corp.(Nasdaq: KERN), an enterprise software company and the developer of the comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, is providing the following information in response to investor ...
American Council of Cannabis Medicine Announces Proposed Medical Cannabis Legislation
WASHINGTON - Today the American Council of Cannabis Medicine (ACCM) announced its proposed draft federal legislation and the start of discussions with sponsors in the House and Senate. ACCM leadership expects to onboard initial sponsors ...
Aurora Cannabis Scores Highest Among Cannabis Corporate Boards
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company's increased ranking in The Globe and Mail's 2021 annual Report ...
Glass House Brands Secures US$100 Million Senior Secured Term Loan
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), announced that it has entered into a senior secured term loan agreement with a U.S.-based private credit ...
Dragonfly Biosciences UK Expects to Commence Trading under the Symbol DRF on the Australian Securities Exchange Ltd
LONDON - British Company, Dragonfly Biosciences UK, the makers of Dragonfly CBD to shelf range of CBD oils and skincare products, is excited to announce that its prospectus has been approved by the Australian Securities ...
The Green Organic Dutchman Announces Changes to Senior Sales Team Following Galaxie Acquisition
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced changes to its senior sales team to drive forward sales strategies and accelerate the launch of the Company's ...
Cansortium Announces Exercise of Equity Cure Right
MIAMI - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF), a cannabis company operating under the Fluent™ brand, today provided notice that it has exercised its first equity cure right under its previously announced $71 Million Credit ...
ALM Announces New Course on Managing the Risks of Cannabis-Related Businesses
NEW YORK - The National Underwriter Company, an ALM business, is launching the second course in the multi-course Cannabis Insurance Coverage Specialist (CICS) designation, Managing the Risks of Cannabis-Related Businesses. "We know that there are ...
Botanacor Receives PH&S’ and ASTM’s “CANNQ/HEMPQ Program Certification”
DENVER - The Policy Center for Public Health & Safety (PH&S) and ASTM International, a global standards organization, have awarded Colorado-based Botanacor Laboratories with ASTM's CANNQ/HEMPQ Program Certification. Botanacor leads the hemp industry in consistent ...
Ketamine and 2 Pounds of Psilocybin Seized by Police in Fortuna; One Arrested
LOS ANGELES- (Editor) This is a press release from the Fortuna Police Department. On Wednesday, December 8th 2021, at about 3 PM, a narcotic search warrant was served in the 2600 block of Kenmar Road, ...
Dispensary founded to build wealth for 21 entrepreneurs from South LA
LOS ANGELES - Dispensary concept Sixty Four & Hope today announced the opening of its second of 21 locations owned by social equity cannabis licensees from South Los Angeles. The wellness-focused, culture-rich cannabis store named ...
Select Revolutionizes the Edible Experience with Select X Bites
WAKEFIELD - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today launched Select X Bites, one of the first edibles on the market designed to have a faster ...
The Valens Company to Begin Trading on Nasdaq Capital Market
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS), a manufacturer of cannabis products, announceD that the Company's application to list its common shares on Nasdaq Capital Market has been approved. The Company's ...
Cannabis Lifestyle Brand LEUNE Cannabis Products are Available in Arizona, as Part of New State Expansion
LOS ANGELES - LEUNE, a cannabis lifestyle brand beloved by the modern-day, conscious Cannabis Consumer, announced a new expansion into Arizona today. Previously, LEUNE cannabis products had only been available in California. This rollout is ...
Enjoy Hemp Launches New Line of Gummies With Delta-9 THC
MIAMI - Enjoy Hemp, premium hemp-derived products designed for customers to "enjoy life" how they choose, has launched a line of Delta-9 THC gummies, available in four different effects: Boost, Chill, Euphoria and Zen. Consumers ...
Cannara Biotech Inc. Reports Fourth Quarter and Fiscal Year 2021 Results
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a producer of premium-grade cannabis and derivative products with two mega cultivation facilities based in Québec spanning over 1,650,000 sq. ft., today announced its ...
Panaxia and Neuraxpharm – to sell medical cannabis extracts for vaporization in Europe
DÜSSELDORF, Germany and TEL AVIV, Israel - Panaxia Labs Israel Ltd. (TASE: PNAX), a global pharma company that develops, manufactures and markets advanced medical cannabis-based products in pharmaceutical quality, and Neuraxpharm, Europe's pharma company in ...
Cannformatics Announces Publication of Study Identifying Cannabis-Responsive™ Biomarkers in Children with Autism Spectrum Disorder
SAN FRANCISCO Study results indicate the potential of Cannabis-Responsive biomarkers as a powerful tool in quantifying, at the metabolic level, the benefits of successful medical cannabis treatment in children with ASD. Study results also show the potential ...
Delta Agriculture President Named Co-chair of NIHC Government Affairs Committee
WASHINGTON - Delta Agriculture president Graham Owens has been named co-chair of the Government Affairs Committee of the National Industrial Hemp Council of America (NIHC). Rick Fox, CEO and Founder of Meristem Farms, remains as ...
AlphaRoot Launches Management Liability Insurance Program Calibrated to the Cannabis Industry
NEW YORK - BRP Group, Inc. (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, announced the launch of the AlphaRoot management liability insurance program calibrated to the cannabis, hemp and CBD industries ...
New Study Explores Medical Cannabis Use Among Canadian Veterans
TORONTO - CannCorps, an ongoing study of cannabis use among Canadian Veterans, led by researchers at McGill University has revealed some important findings after less than one month. The online survey allows participants to anonymously ...
Goodness Growth Holdings Launches New Line of Cannabis Edibles
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the launch of HiColor™ gummies and availability in Maryland through the Company's wholesale and retail channels. ...
Pathway Health Corp. Announces Collaboration Agreement with Metro Ontario Pharmacies Limited
TORONTO - Pathway Health, Corp. (TSXV: PHC) announced that it has signed a Collaboration Agreement with Metro Ontario Pharmacies Limited, a subsidiary of Metro Inc. (TSX: MRU), pertaining to the implementation of Pathway's Medical Cannabis ...
GemmaCert Strengthens IP with New US Patent for Cannabis Testing
TEL AVIV, Israel - GemmaCert Ltd. announced the expansion of its patent portfolio, demonstrating its ongoing commitment to innovation of the cannabis testing industry. Earlier it received a notice of allowance by the United States ...
