Legal Affairs
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Denver Moves Toward Licensing Psychedelic Wellness Centers and Social Clubs
LOS ANGELES- Denver's Department of Excise and Licenses has proposed regulations to oversee psilocybin-based wellness facilities, including yoga studios and social clubs, following Colorado's 2022 voter-approved measure legalizing natural medicines like psilocybin. The proposed regulations ...
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
Alphabet Soup: Common Acronyms in Cannabis and Why You Need to Know Them
LOS ANGELES- Running a cannabis business means speaking more than the language of cultivation and branding — it means speaking compliance, with all its acronyms. You’ve likely seen a wall of them — ADA, OSHA, ...
Financial and Regulatory Hurdles Challenge New Cannabis Enterprises
LOS ANGELES- Emerging cannabis businesses in the United States are encountering significant barriers to entry, primarily due to financial constraints, complex regulatory environments, and competition from established entities. Access to capital remains a primary obstacle ...
Tyler Robson of The Valens Company Honored as Recipient of Canada’s Top 40 Under 40® for 2021
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, announced that Tyler Robson, CEO, Chair and Co-Founder of The Valens Company has been selected as a recipient of ...
The Green Organic Dutchman Completes Strategic Acquisition of Galaxie Brands Corporation
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a producer of certified organically grown cannabis, announced that further to its news release dated November 1, 2021, it has completed the acquisition ...
Decibel Announced Third Quarter Results with Net Revenue Growth and Re-Appointment of Director
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a cannabis producer, announced its third quarter financial results for the three month period ending September 30, 2021. "Decibel's continued growth is a testament ...
Ed “NJWeedman” Forchion and Son King Forchion Announce Exclusive Yohan Marley Club Residency at The Joint of Miami
MIAMI - King "Krefiii" Forchion, son of Ed "NJWeedman" Forchion, is determined to make his dad proud while uplifting the culture in the cannabis community. The young cannapreneur, under the influence of NJWeedman, has announced ...
Rove Enters the Massachusetts Cannabis Market with Award-winning Vapes
BOSTON–This month, legacy cannabis manufacturer Rove has launched its cannabis products into dispensaries across Massachusetts, from Boston to Springfield. Produced locally, six Black Box vape SKUs are now available, including High Times Massachusetts Cup award-winner Skywalker, with another seven ...
Germany Will Legalize Adult-Use Recreational Cannabis
BERLIN– Germany's incoming coalition government agreed to legalize cannabis as their new coalition government continue to hash out their plans for forming the new German government. The coalition partners plan to keep cannabis tightly regulated, ...
Psychedelic Psilocybin Could Cut Cravings in Alcoholics
NEW YORK–Alcohol is a scourge on humanity. Alcohol accounts for about 3 million deaths worldwide annually, and there are few approved drugs to treat alcohol use disorder. Along comes Psilocybin, the active ingredient in magic ...
Airfield Supply Company Introduces ‘Flower For Flight’ With AVIATION CANNABIS
SAN JOSE, Calif. - Airfield Supply Company — California's dispensary brand — announced the launch of its new flower company, AVIATION CANNABIS. Featuring the indoor-grown whole-bud flower as well as pre-rolls, infused flower products, house-made ...
Bo Jackson, Promise Nutraceuticals Launch Hero Brand CBD
ATLANTA - Vincent "Bo" Jackson, Co-Chairman of Promise Nutraceuticals announced the launch of their line of Hero Brand CBD products. "Over the past few years, we have been approached by several CBD companies that were ...
Canopy Growth Expands Premium Flower Portfolio with New Offerings across 7ACRES, 7ACRES Craft Collective, and DOJA Brands
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a hemp, and cannabis device company, unveiled a new lineup of premium flower offerings across its 7ACRES, 7ACRES Craft Collective and DOJA brands, including ...
Elevate Holistics Simplifies Access to Medical Marijuana
KANSAS CITY, Mo. - Elevate Holistics, a solution provider in the medical marijuana industry, has launched a new platform to simplify the process of obtaining a medical marijauna card. "Until now, people looking to obtain ...
Pet Releaf Partners with Alphagreen to Launch Pet CBD Product in Europe
DENVER - Pet Releaf, the animal health brand, has announced its European expansion with Alphagreen, the health and wellness e-commerce platform. For the first time, consumers across the Alphagreen e-talier shopping channel in Europe will ...
Pistil Data Closes $6.5M Seed Round Led by Casa Verde
SAN FRANCISCO, Calif. - Pistil Data, the cannabis market intelligence platform, announced today it has closed a $6.5M seed round led by Casa Verde, with participation from JW Partners and several Silicon Valley tech entrepreneurs. ...
Cann Launches Across Massachusetts
LOS ANGELES - Cann, California's cannabis-infused beverage company, announced the availability of its cult favorite microdosed THC social tonics in dispensaries across Massachusetts. This expansion announcement comes on the heels of an eventful year of ...
Curaleaf Holdings, Inc. Announced Distribution Agreement with Southern Glazer’s Wine & Spirits for Curaleaf Hemp and Select CBD
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer CBD and hemp products, announced that it has signed a national distribution agreement with Southern Glazer's Wine & Spirits, ...
Green Scientific Labs Management Group, LLC Reports Ownership of Securities of Green Scientific Labs Holdings Inc.
TORONTO - On November 15, 2021, Green Scientific Labs Holdings Inc. (formerly Prominex Resource Corp.) completed a reverse takeover transaction pursuant to which the Company acquired Green Scientific Labs, LLC. In connection with the RTO, ...
TerrAscend Acquires Property to Expand Maryland Cultivation and Processing Footprint
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that its subsidiary has acquired a commercial property located at 273 East Memorial Boulevard, Hagerstown, Maryland, for a ...
atai Life Sciences Reports Third Quarter 2021 Financial Results and Corporate Update
BERLIN and NEW YORK– atai Life Sciences N.V. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, today reported its financial results for the third quarter ended September 30, ...
Awakn Life Sciences Signs Agreement with UK Health Service for Access to Psychedelic-Assisted Psychotherapy in the UK
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced today it has signed a Memorandum of Understanding with Devon Partnership NHS ...
Puffco Unveils Indiglow Peak Pro Collection
LOS ANGELES, CA -- November 17, 2021 -- Puffco, the electronic consumption device innovator, today released the Indiglow Peak Pro, a limited edition version of its award-winning Peak Pro device. Along with the device is ...
The Harvest Ball 2021 Announces “Emerald Sessions,” Emerald Cup-Approved Cannabis, Psychedelic, Educational Panels AND Conversations Powered By Social Club TV
SANTA ROSA, CALIFORNIA - Harvest Ball (www.theemeraldcup.com) is excited to announce a diverse schedule of thought leaders, advocates, educators and experts for “Emerald Sessions,'' powered by Social Club TV (www.thesocialclub.tv). The Emerald Cup will take place on December 11 ...
Indiva Reports Third Quarter Fiscal 2021 Results
LONDON, ON. – Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the third quarter of fiscal 2021 ended September 30, 2021. All figures are reported ...
Allied Corp Progresses Towards Clinical Phase I Trial for Psilonex™ RX Psilocybin Pharma Drug
KELOWNA -- Allied Corp. (OTCQB: ALID) announced the advancement of their Psilonex™ RX human clinical phase I trial. Allied has now sourced the active pharmaceutical ingredients contained in Psilonex™ and is now moving towards producing the ...
Verano Announces Third Quarter 2021 Financial Results
CHICAGO– Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), a leading multi-state cannabis company, today announced its results for the third quarter ended September 30, 2021. The financial information below is reported on a pro forma, ...
Reuters: Cannabis Could Bring Germany $5 Billion Per Year in New Revenues
BERLIN– Legalizing weed in Deutschland could help Germany create new annual tax revenues of 4.7 billion euros ($5.34 billion). Further, cannabis is forecast to account for 27,000 new jobs in Germany according to a new ...
