Legal Affairs
Glass House Brands Reports Q2 2025 Financial Results
LONG BEACH and TORONTO – Glass House Brands Inc., a leading vertically integrated Cannabis operator in the US, unveiled its second-quarter 2025 financial statements, showing impressive growth in key areas despite ongoing market pressures and ...
Psychedelics Market Set to Reach $22.6 Billion by 2033, Report Finds
NEW YORK – A recent report by Research and Markets reveals the current global psychedelic drugs market is valued at $7.4 billion and is projected to hit $22.6 billion by 2033, exhibiting a substantial compound ...
High Tide Enters German Medical Cannabis Market with Remexian Majority Stake Acquisition
CALGARY – High Tide Inc., a leading Canadian Cannabis retailer, announced its strategic entry into Germany’s medical Cannabis market through a 51% acquisition of Remexian Pharma GmbH, a Frankfurt-based pharmaceutical wholesaler. The deal, valued at ...
Comprehensive Cannabis Pangenome
LOS ANGELES- A collaborative study led by the Salk Institute for Biological Studies has constructed the most comprehensive genetic map of Cannabis sativa to date, analyzing 193 genomes from 144 biological samples. This pangenome reveals ...
Cresco Labs Reports $30 Million in Q1 Operating Cash Flow
LOS ANGELES- Cresco Labs Inc. reported $30 million in operating cash flow for the first quarter of 2025, reflecting its ongoing emphasis on cash generation and financial discipline. This figure follows a record $132 million ...
California Cannabis Industry Pursues Self-Regulation
LOS ANGELES- In response to ongoing regulatory challenges and concerns about product safety, California's cannabis industry is exploring self-regulation measures to bolster consumer trust and ensure compliance within the legal market. The Environmental Consumer Compliance ...
AYR Wellness Delays Q1 2025 Financial Filings Amid Strategic Review
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced a delay in filing its Q1 2025 financial statements and Management’s Discussion and Analysis (MD&A), originally due on May 30, 2025. The company cited ...
Glass House Brands Reports Q2 2025 Financial Results
LONG BEACH and TORONTO – Glass House Brands Inc., a leading vertically integrated Cannabis operator in the US, unveiled its second-quarter 2025 financial statements, showing impressive growth in key areas despite ongoing market pressures and ...
Psychedelics Market Set to Reach $22.6 Billion by 2033, Report Finds
NEW YORK – A recent report by Research and Markets reveals the current global psychedelic drugs market is valued at $7.4 billion and is projected to hit $22.6 billion by 2033, exhibiting a substantial compound ...
High Tide Enters German Medical Cannabis Market with Remexian Majority Stake Acquisition
CALGARY – High Tide Inc., a leading Canadian Cannabis retailer, announced its strategic entry into Germany’s medical Cannabis market through a 51% acquisition of Remexian Pharma GmbH, a Frankfurt-based pharmaceutical wholesaler. The deal, valued at ...
AUDACIOUS Completes Transaction to Acquire Lo͞oS
LAS VEGAS - Terry Booth, CEO, announced that Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), has completed its acquisition of Lo͞oS, a cannabinoid-infused shot beverage company, based in Santa Cruz, CA. "We can now go ...
Cantourage Brings First Ugandan Medical Cannabis to Germany via Partnership with Together Pharma
BERLIN–European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the first Ugandan medical cannabis brought to Germany. From today, pharmacies and patients throughout Germany will have ...
Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market
LAS VEGAS– Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health (GTH), a subsidiary ...
Health Canada Allow Physicians to Request Banned Drugs on Behalf of Patients
OTTAWA–In a groundbreaking decision, the Canadian government is changing the way patients can access psychedelic therapies with restricted drugs, including MDMA and psilocybin. Through an amendment to federal regulations, Health Canada is now allowing physicians to request ...
AWAKN Shares Data from Phase 2 Study for Treating Alcohol Abuse with Ketamine
TORONTO–Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics (medicines and therapies) to treat addiction, is delighted to announce ground-breaking positive data from their Phase II ...
A LIFE IN A DAY: Mitch Pfeifer: CEO: Respect My Region
MITCH PFEIFER is the founder and CEO of leading cannabis and music media platform Respect My Region. With a rich entrepreneurial background in digital marketing, and cannabis, Pfeifer has deep experience in highly regulated industries, ...
Cannabis Sales in Arizona Top $1.2 Billion in First 11 Months of 2021
PHOENIX–The Arizona Department of Revenue reported more than $1.23 billion in combined cannabis adult use & medical sales through the first 11 months of 2021, indicating that the state's cannabis industry is continuing to expand. ...
Viola Closes $13 Million Bridge Round
LOS ANGELES–Viola, the leading Black-owned multinational cannabis brand, rooted in building equity within the space, announced the closing of a $13 million equity funding round. DelMorgan & Co., an internationally recognized investment banking firm headquartered ...
Better U Announces a Team of Physicians to Enhance At-Home Psychedelic-Assisted Therapy
LOS ANGELES - Better U, at-home psychedelic-assisted therapy has announced its team of medical experts to enhance the benefits of their integrative psychedelic-assisted therapy experience for patients. Better U offers safe, legal, and effective online ...
Halo Collective Expands into Functional Beverages
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and ...
Cantourage brings Ugandan medical cannabis to Germany through partnership with Israel’s Together Pharma
BERLIN - European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the Ugandan medical cannabis brought to Germany. From today, pharmacies and patients ...
Field Trip Receives US Patent Covering Novel Psychedelic Molecule
TORONTO--Field Trip Health Ltd. (NASDAQ: FTRP, TSX: FTRP), a global leader in the development and delivery of psychedelic therapies, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance ...
New Global Coalition Launches to Secure Rescheduling of Psilocybin Under 1971 UN Convention on Psychotropic Substances
Today marks the launch of the International Therapeutic Psilocybin Rescheduling Initiative (ITPRI), a global coalition working to promote and secure a rescheduling of psilocybin under the 1971 Convention on Psychotropic Substances. Psilocybin is the active ...
Day Three Labs Acquires Pharmaceutical-Grade Cannabinoid Infusion Technology
DENVER–Day Three Labs (DTL), a cannabinoid CPG ingredient manufacturer specializing in the development and commercialization of novel cannabis product solutions, has acquired a patented pharmaceutical-grade cannabinoid infusion technology developed by a leading Israeli bioscience company. ...
States Surpass $10 Billion in Tax Revenue from Legal, Adult-Use Cannabis Sales
Washington, D.C. — The Marijuana Policy Project has released a new report on tax revenue generated from state-legal, adult-use cannabis since 2014 when sales began in Colorado and Washington state. As of December 2021, states ...
Tilray, Inc. Reports Second Quarter Fiscal Year 2022 Financial Results, Changes Name
NEW YORK–Tilray reported Monday its financial results for the second fiscal quarter ended November 30, 2021, with net revenue of $155 million, up by around 20% from $129 million in the same period year ago and down from $168 million ...
Pet Releaf Introduces Higher Potency Hemp Oil and Liposomes
DENVER - Pet Releaf, the CBD hemp health brand for pets, announces two new higher potency CBD products for pet parents with larger dogs or who have multiple pet companions. Pet Releaf first released the ...
Trulieve to Offer Live Diamonds, Company’s Hydrocarbon Extraction Product
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the U.S., announced the launch of Live Diamonds by Muse™. Live Diamonds are the innovation from Trulieve's state-of-the-art hydrocarbon extraction lab, ...
DNVR[8] Announces 4 New CBD Products
DENVER - DNVR8 announced four new CBD products to its lineup. In addition to being 100% vegan, and melatonin-free, their new product offerings bring the increased bioavailability of nano-emulsified CBD to the table for their ...
Canntab Delivers 1st Shipment to the Ontario Cannabis Store and 2nd Shipment to Australia
TORONTO - Canntab Therapeutics Limited (CSE:PILL.CN) (OTCQB:CTABF) (FRA:TBF1.F), an innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to provide an update on its recent product deliveries for Ontario ...
Apollon Formularies Enters Agreements with CLA-Licensed Medical Cannabis Cultivators
LONDON - Apollon Formularies plc (AQSE: APOL), a UK based international medical cannabis pharmaceutical company trading on AQSE Growth Market, announced that the Company has signed more than a dozen Tripartite Agreements with Cannabis License ...
CannTrust Throws In the Towel, Warns of ‘Orderly Wind-Down’
VAUGHAN, ONTARIO–CannTrust Holdings Inc. (unlisted) today announced that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 has been implemented. The implementation of the CCAA Plan follows its approval ...
New York Plans $200 Million Fund To Support Social Equity License Applicants
ALBANY- Governor Kathy Hochul of New York has announced her administration's intention to establish a $200 million public-private fund to promote social equity applications in the state's legal cannabis business, which is expected to be ...
MariMed Announces Agreement to Acquire Kind Therapeutics in Maryland
NORWOOD, Mass.-- MariMed Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced that it has entered into a definitive agreement to acquire Kind Therapeutics U.S.A., LLC, a leading ...
Clark Hill’s Roy Sexton Appointed President-Elect of 2022 Legal Marketing Association Board
DENVER–The Legal Marketing Association (LMA), which represents thousands of legal marketing and business development professionals around the globe, announced that Roy Sexton has been appointed President-Elect to the 2022 LMA Board of Directors. His appointment ...
