Legal Affairs
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Ohio Governor Enacts Halt on Sales of Hemp-Derived THC Products
COLUMBUS – Ohio Governor Mike DeWine issued an executive order on October 8, 2025, directing retailers to pull intoxicating hemp products from shelves by next Tuesday, marking a sharp intervention in the state's unregulated market ...
Texas Governor Backs Regulation Over Ban in Hemp THC Showdown
DALLAS —Texas Governor Greg Abbott has drawn a firm line in the sand when it comes to the future of the hemp industry in the Lone Star State. In a public statement on July 22, ...
Single Psilocybin Dose Shows Promise in Easing OCD Symptoms, Study Finds
LOS ANGELES – In a pioneering study, researchers from the University of Hertfordshire and Imperial College have uncovered the potential of psilocybin to alleviate symptoms of obsessive-compulsive disorder (OCD). Published in Comprehensive Psychiatry on July ...
Glass House Raid Sparks Industry Fears and Rival Tensions
LOS ANGELES – Highly Capitalized Network-HCN is closely monitoring the unfolding developments following the July 10, 2025, when federal agents from Immigration and Customs Enforcement (ICE) and the Drug Enforcement Administration (DEA) stormed Glass House ...
Cannabis Rescheduling Hits Pause as DEA Shifts Gears
WASHINGTON, D.C. – The federal cannabis rescheduling saga, already a slow-burning drama, took a sharp turn this week as Chief Administrative Law Judge John J. Mulrooney announced his retirement, effective August 1, 2025. The exit, ...
Target Quietly Enters the THC Beverage Market — As Republicans Push to Recriminalize Hemp
LOS ANGELES- Target — one of America’s largest retailers — has quietly begun stocking THC-infused beverages at select stores in Minnesota, signaling one of the most significant steps yet in the mainstreaming of Cannabis consumer ...
Thai PM Renews Drug Crackdown Vow as Cannabis Sector Awaits Policy Clarity
BANGKOK – Prime Minister Anutin Charnvirakul, who once spearheaded Thailand's shift toward Cannabis tolerance, has recommitted his administration to aggressive narcotics enforcement, promising to "win the war on drugs" in a move that underscores the ...
Ohio Governor Enacts Halt on Sales of Hemp-Derived THC Products
COLUMBUS – Ohio Governor Mike DeWine issued an executive order on October 8, 2025, directing retailers to pull intoxicating hemp products from shelves by next Tuesday, marking a sharp intervention in the state's unregulated market ...
Aurora Cannabis’s Reliva Expands Portfolio with New CBD Brand, KG7
EDMONTON, AB - Reliva, an American CBD brand and subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced the launch of KG7, a new high-quality ...
Assemblyman Thurston “Smitty” Smith Introduces Legislation to Increase Penalties on Industrial-Grade Illegal Cannabis Grows
APPLE VALLEY, CA – Today, Assemblyman Thurston “Smitty” Smith introduced legislation that seeks to combat illegal marijuana grows that have been proliferating throughout the rural High Desert communities. AB 1725 would make changes to Proposition 64 to increase penalties ...
Ace Valley Brand Expands Product Portfolio
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced the extension of the Ace Valley brand portfolio, bringing two new beverages and hard candy formats ...
LIM College to Offer Master’s Degree in The Business of Cannabis
NEW YORK - LIM College, a leading educational authority in the business of fashion and its adjacent fields, is launching a Master of Professional Studies (MPS) degree program in The Business of Cannabis. The College ...
My Next Health to Support NFL funded University of Regina Research on Concussions and Pain Management
NEW YORK - My Next Health Inc. announced its $400,000 USD in-kind support of the medical research team at the University of Regina in Canada, along with the $570,030 USD awarded from the National Football ...
Abaca Crosses $2 Billion Dollars in Compliant Cannabis Commerce
NORTH LITTLE ROCK, Ark. - Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry. The company's growth is fueled by aligning its bank-backed financial technology ...
AskGrowers Provides In-Depth Information and Reviews on Over 5,200 Cannabis Strains
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has collected information on more than 5,200 strains using 20 different metrics and ...
U.S. House of Representatives Advances Cannabis Banking Bill; Final Passage Uncertain
WASHINGTON, D.C.–On Friday, the United States House of Representatives approved a popular cannabis banking reform amendment proposed by the U.S. Rep. Ed Perlmutter (D-CO) that would provide protections to financial institutions assisting legal cannabis-based businesses ...
Deloitte: Cannabis Booming in Canada Adding $43.5 Billion to Canadian GDP
TORONTO- A new report by Deloitte says that $11 billion in cannabis sales has created 151,000 new jobs and added $43.5 billion to Canada’s GDP The cannabis market is in "robust health" three years after ...
Patients with Chronic Back Pain Reduce Their Opioid Use Following Initiation of Medical Cannabis Therapy
PHILADELPHIA- (NORML) Patients suffering from chronic back pain reduce their use of prescription opioids and report improvements in their condition following medical cannabis treatment, according to longitudinal data published in the journal Cureus. Investigators affiliated with Thomas Jefferson ...
Mississippi Becomes 37th State to Legalize Medical Cananbis
JACKSON, Mississippi — Mississippi has legalized medical cannabis for those suffering from terminal illnesses like cancer, AIDS, and sickle cell disease. Gov. Tate Reeves, a Republican, signed the bill on Wednesday, and it went into ...
The Cannabinoid Derived Pharmaceutical Market worth US$ 11.2 Billion by 2030
JERSEY CITY, N.J. - The newly published report titled "Global Cannabinoid Derived Pharmaceutical Market – By Trends, Industry Competition Analysis, Pipeline Analysis, COVID-19 Analysis, Revenue (US$ Millions) and Forecast Till 2030." features detailed industry analysis ...
Avicanna Provides Q4-2021 Results Fiscal 2022 Outlook
TORONTO - Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial-stage, and international biopharmaceutical company focused on the development, advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to provide fourth quarter 2021 ...
Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility
WINNIPEG, Manitoba- DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) announced that it has entered into a binding commitment letter with connectFirst Credit Union Ltd. for $32 million in credit facilities. The Proposed Credit Facilities ...
Agrify Acquires Lab Society
BILLERICA, Mass. - Agrify Corporation (Nasdaq:AGFY), the most innovative provider of cultivation and extraction solutions for the cannabis and hemp industry, announced it has acquired Lab Society, a distillation and solvent separation solutions for the ...
Consumer Interest Continues to Rise as CBD Sales Expected to Reach $16 Billion By 2026
PALM BEACH, Fla. - FinancialNewsMedia.com News Commentary - Brightfield Group recently released a report on the sales of cannabidiol (CBD) in the United States. According to the report, sales of CBD reached $5.3 billion in ...
Awakn Life Sciences Signs MoU With MAPS
TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced earlier this month that it has signed a Memorandum of Understanding with ...
Repsly Announces New Retail Technology Partnership with Curaleaf
BOSTON - Repsly, a retail technology platform, announced it has entered into a technology partnership agreement with Curaleaf (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis. This agreement will support ...
Trulieve Celebrates Statewide Retail Rebrand in Maryland
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, is hosting a statewide celebration commemorating the re-branding of its Maryland retail locations, formerly branded as Harvest. On ...
Phylos Closes $7.6 Million in Funding to Scale Market-Validated Cannabis and Hemp Genetics
PORTLAND, Ore. - Phylos®, a modern crop science company developing advanced Cannabis and hemp genetics, announces the close of its growth funding round totaling $7.6M led by Merida Capital Holdings. Other major investors in the ...
GenTech & Conquer Scientific Combine to Become Global Leader in Used & Refurbished Scientific Instruments
BUFFALO, N.Y.– Purity Scientific LLC, a parent company of GenTech Scientific which is a leading provider and servicer of refurbished scientific instruments, announced that it has acquired Conquer Scientific. The acquisition combined two industry leaders, allowing ...
Behind The Scenes: Bespoke Financial: Funding the Future of Cannabis
LOS ANGELES–In a relatively short period of time, Bespoke Financial has established itself as the nation’s first cannabis-focused fintech lending platform. They’ve been in the news lately because they recently secured a new $125 million ...
Verano to Enter New York, Minnesota & New Mexico Markets with Proposed Acquisition of Goodness Growth Holdings
CHICAGO-- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) are pleased to announce that they have entered into a definitive arrangement agreement to which Verano will acquire ...
Registration for Cannabis Training at Kalamazoo Valley Community College Now Open
KALAMAZOO - Registration is now open for Kalamazoo Valley Community College's three cannabis certificate programs. The college announced the addition of the programs last month in an effort to provide job skills training for those ...
TobaGrown to Launch Not-For-Profit Legal Cannabis Products In Manitoba
WINNIPEG, MB - TobaGrown has been fighting for the right for Manitobans to be able to legally grow their own Federally legal cannabis for the last two years in a Constitutional Challenge against the Manitoba ...
