Legal Affairs
Snoop Dogg’s Venture Firm Boosts UK Cannabis Clinic with £4.5M Investment
LONDON – Casa Verde Capital, co-founded by rapper Snoop Dogg, has pumped £4.5 million [$6 million] into Mamedica, the United Kingdom's dominant online provider of medical Cannabis prescriptions, in what stands as the biggest funding ...
Ohio Cannabis Sales Hit $3B Mark at Steady Pace of Recreational Expansion
COLUMBUS – New York may command the spotlight in East Coast Cannabis discussions, with its market posting $1 billion in sales through August of this year alone, but Ohio's program has methodically built a formidable ...
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Analysis: A Tale of Two Markets: U.S. Cannabis at a Crossroads as Global Momentum Builds — and Backtracks
LOS ANGELES-The U.S. cannabis industry stands divided. Some state markets are opening and expanding, while others are contracting under the weight of high taxes, regulatory friction, and unrelenting illicit competition. But across all markets, uncertainty ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Thai Cannabis Stores Face Uncertainty as Government Tightens Sales Regulations
LOS ANGELES- Thailand’s government has introduced a new order—published in the Royal Gazette on June 26, 2025—mandating that cannabis can now only be sold with a valid medical prescription from licensed practitioners. Cannabis buds have been reclassified ...
Snoop Dogg’s Venture Firm Boosts UK Cannabis Clinic with £4.5M Investment
LONDON – Casa Verde Capital, co-founded by rapper Snoop Dogg, has pumped £4.5 million [$6 million] into Mamedica, the United Kingdom's dominant online provider of medical Cannabis prescriptions, in what stands as the biggest funding ...
Ohio Cannabis Sales Hit $3B Mark at Steady Pace of Recreational Expansion
COLUMBUS – New York may command the spotlight in East Coast Cannabis discussions, with its market posting $1 billion in sales through August of this year alone, but Ohio's program has methodically built a formidable ...
GTI Launches $50M Share Buyback Program
CHICAGO – Green Thumb Industries announced that its board has approved a program to repurchase up to $50 million of its subordinate voting shares over the next year. The initiative, set to begin on September ...
Opinión: Costa Rica Legalizó el Cannabis, ¿Qué Pasa Después?
SAN JOSE, COSTA RICA–Los legisladores costarricenses votaron a favor de la legalización del cultivo de cannabis medicinal en Costa Rica esta semana. La histórica votación, que debe ser firmada por su presidente, catapultará a Costa ...
Hometown Hero CBD Announces Product With CBDA and CBGA Is Underway
AUSTIN, Texas - Hometown Hero CBD, announced that it is developing an edible with CBDA and CBGA as its primary cannabinoids. The company is no stranger when it comes to innovating with new products. Recently, ...
Integrated Cannabis Solutions issues Shareholder update for 2022
COCONUT CREEK, Fla.- Integrated Cannabis Solutions, Inc., (OTCPINK: IGPK) issues Shareholder update for 2022. The past few years have been spent cleaning up the entity and becoming a fully reporting entity. In June of 2021 ...
Instadose US Announces Management Transition
CHESAPEAKE, Va. - The Board of Directors of Instadose Pharma Corp., a Nevada corporation, announced that effective January 14, 2022, they have accepted the planned resignation of Grant F. Sanders as Chairman and CEO of ...
Costa Rica Legislators Legalize Medical Cannabis Sending Bill to President to Sign
COSTA RICA- Costa Rican legislators have agreed that farmers can now grow cannabis for medical purposes. The law passed by the Costa Rican parliament, allowing cannabis cultivation, was approved Thursday, 13th January, with the support ...
Avicanna To Bring Its CBD-Based Drugs To Latin America Via Chilean Pharma Partner
TORONTO--Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that through its majority owned subsidiary Santa Marta Golden ...
Vangst Secures $19M to Help Cannabis Industry Hire Workers
LOS ANGELES–Vangst has raised a $19 million Series B led by Level One Fund, with support from investors including Lerer Hippeau, Colle Capital and Casa Verde Capital. Based in Denver, the company offers a recruitment platform intended to help cannabis companies ...
GrowGeneration Provides Fourth Quarter and Full Year Updated Outlook with 2021 Annual Revenues
DENVER- GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced revised full-year 2021 revenue expectations of $420 million to $422 million, versus $193 million for 2020, an increase of ...
Extract Labs Launches Immune Support Tincture, First CBGa Product to Hit the Consumer Market
LAFAYETTE, Colo.,- Extract Labs, a full-service CBD extraction laboratory and retailer, today announced the launch of its 2,000mg full-spectrum Immune Support CBGa CBDa Tincture, a 1:1:1:1 500mg CBGa, CBDa, CBG and CBD tincture blend that ...
Halo Enters Functional Beverages Via Acquisition of H2C Beverages
TORONTO– Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it is expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and the ...
Charlotte’s Web Reorganizes for ”Agility, Growth, and Cash Generation”
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings has completed a reorganization to drive agility and growth as the Company prepares to launch new products, channels and markets, with intent to return to positive cash ...
Numinus Submits Clinical Trial Application for Phase 1 Trial on Proprietary Psilocybin Product
VANCOUVER–Numinus Wellness Inc. (TSX: NUMI), a leader in psychedelics-focused mental healthcare, is pleased to announce that it has formally submitted the clinical trial application to Health Canada for its Phase 1 study, HOPE, on a ...
Cannabis Entrepreneur Profile: Judson Hill: Head of Revenue: Bespoke Financial
LOS ANGELES–Judson Hill didn’t start out on the financial side of the cannabis industry—despite being the second team member to join California’s massive cannabis lender, Bespoke Financial. As a 'native' of the fashion industry, Judson’s ...
Collective Cannabis Chooses Wings Assembly-to-Delivery EXO System
BOSTON, - Wings, a robotics and AI startup developing retail, announced that Collective Cannabis, a Cannabis Dispensary, will utilize its EXO Delivery System to streamline logistics, foster a happier workforce, and enhance the consumer experience. ...
High Life Farms Launches Popcorn Small Buds Product Line in MI
CHESANING, Mich.- High Life Farms, a cannabis company with operations in Michigan and California, announced that Popcorn Buds Pre-Packaged Flower, a line of small buds featuring vintage, carnival-style packaging, is now available across Michigan dispensaries. ...
NIHC and HCANN-CR Enter MOU to Advance the Brand of Hemp Throughout the Americas
WASHINGTON - The National Industrial Hemp Council of America (NIHC) and the Hemp and Cannabis Costa Rica Council (HCANN-CR) announced that they have signed a memorandum of understanding (MOU) to cooperate on issues including improving ...
CannabizTeam Predicts 100,000 New Cannabis Jobs in 2022
SAN DIEGO - CannabizTeam Worldwide, the cannabis-focused executive search and staffing firm, announced the release of its 2022 Cannabis Industry Salary Guide. This is the fourth edition of CannabizTeam's national salary guide, a comprehensive report ...
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 ...
