Legal Affairs
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
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 ...
Weedmaps Releases In-Depth Study on US Cannabis Consumers
IRVINE, Calif.--WM Technology, Inc. (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, has released its first data and insights report, titled ‘Cannabis in America’. This report shares current data and ...
Curaleaf Announces Distribution Agreement with Alcohol Merchants Southern Glazers for Curaleaf’s Hemp Brands
WAKEFIELD, Mass.-- Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer CBD and hemp products, today announced that it has signed a national distribution agreement with Southern Glazer's Wine & ...
Snoop Dogg’s Casa Verde Backs Cannabis Co. Pistil Data In $6.5M Seed Round
SAN FRANCISCO–Pistil Data, a 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. Founded by executives from Google and Baker ...
Trulieve Reports Record Third Quarter 2021 Results
TALLAHASSEE– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, today announced its results for the quarter ended September 30, 2021. Q3 2021 Financial and Operational Highlights Net revenue increased 64% ...
South Carolina Congresswoman Nancy Mace Unveils GOP Bill to Legalize Cannabis at Federal Level
WASHINGTON, D.C.–U.S. Rep. Nancy Mace introduced sweeping legislation Monday to decriminalize cannabis federally, offering Republicans a conservative approach to the legalization debate in America that proposes taxing cannabis and regulating the substance more like alcohol. ...
Alphagreen partnership with US brand Pet Releaf to launch CBD pet brand into Europe
LONDON - Alphagreen, the health and wellness e-commerce platform, announced another game-changing market first for Europe thanks to a new wholesaler partnership with an animal health brand - Pet Releaf. For the first time, consumers ...
NIHC Announces Effort to Strengthen Testing Standards, Labels for CBD
WASHINGTON - The National Industrial Hemp Council (NIHC) announced today, at its 2021 Hemp Business Summit, plans to roll out a pilot program establishing standards for product testing protocols and laboratories. Participants in the program ...
Gage Announced Receipt of Final Court Approval for the Acquisition by TerrAscend
DETROIT and TORONTO - Gage Growth Corp. (CSE:GAGE) (OTCQX:GAEGF), a cannabis brand and operator in Michigan, announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced ...
The Valens Company Announced Next Step Towards Nasdaq Listing
KELOWNA, BC - (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, announced that as the next step in its Nasdaq listing process, it will be completing a three for one consolidation (the "Consolidation") of ...
BLESSWELL™ Extends Chicago-based Pop-Up Salon Throughout the Holidays
CHICAGO - The makers of BLESSWELL™ announced the relaunch of GROOMED x BLESSWELL™ Chicago Pop-Up Shop, resuming on November 17, 2021. In partnership with Endexx Corporation® (OTC: EDXC), the exclusive, first storefront of its kind ...
CBDistillery™ Announced New Sleep Results in Collaboration with the MoreBetter
DENVER- CBDistillery™, one of CBD brands in the nation, in partnership with MoreBetter (dba Releaf App™), the highest rated application for individuals to track and improve their use of cannabis and CBD, today announced the ...
Husband of Trulieve CEO Sentenced to Three Years In Prison for Corruption
MIAMI– TCNNF (OTC) TRUL (CSE) Trulieve CEO Kim Rivers's husband John Burnette, was convicted of bribery and handed a three year prison sentence and fined $1.25 million last week on public corruption charges according to ...
Pharmaceutical & Hemp Wellness Segments Of Cannabidiol Market Could See Growth Rates Through 2028
PALM BEACH, Fl.- Out of all cannabinoids, cannabidiol is used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil is used, such as anxiety and depression treatment, stress ...
Body and Mind Expands Branded Products to Ohio
LAS VEGAS and VANCOUVER, BC - Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) , a multi-state operator focused on limited license markets, is pleased to report Body and Mind branded products are available in ...
Humble & Fume Announced Completion of US$8 Million Private Placement to Advance Expansion into Cannabis Distribution in the United States
TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced that it has completed a US$8 million private placement from Green Acre Capital Distribution Corp. for 18,795,471 ...
Trulieve Reports Record Third Quarter 2021 Results and 15th Consecutive Profitable Quarter
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a cannabis company in the United States, announced its results for the quarter ended September 30, 2021. Q3 2021 Financial and Operational Highlights Net revenue ...
Kiaro Opens Latest Retail Location in Orleans, Ontario
VANCOUVER, BC - Kiaro Holdings Corp. (TSXV: KO) a Canadian cannabis retailer and distributor, announced the opening of its latest retail location in Orleans, Ontario (Unit D002, 3838 Innes Road, Orleans, Ontario, K1W 0C8). The ...
Neptune Wellness Appoints Morry Brown as Vice President, Investor Relations
LAVAL, QC - Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced it has appointed Morry Brown as Vice President, Investor Relations, ...
TerrAscend Shareholders Approve Acquisition of Gage
NEW YORK and TORONTO - TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a North American cannabis operator, announced that it has received the requisite minority shareholder approval at a special meeting, held November 11, 2021, for ...
