Legal Affairs
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 ...
Chinese Gangs Exploit Farm Bill Loophole, Fueling Illicit Cannabis Spread Across the States
LOS ANGELES – Chinese criminal syndicates have seized on a flaw in the 2018 Farm Bill to flood American markets with illegal high-THC Cannabis disguised as legal hemp, creating a shadow economy that rivals major ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
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 ...
Cybin Secures Up to US $500 Million via Convertible Debentures to Fuel Clinical Growth
LOS ANGELES- Cybin Inc. has entered into a securities purchase agreement with High Trail Special Situations LLC to raise up to US $500 million through unsecured convertible debentures, aiming to strengthen its position in neuropsychiatric therapeutics ...
Atai and Beckley Psytech Report Positive Phase 2b Results for BPL‑003
LOS ANGELES- Atai Life Sciences and Beckley Psytech have announced positive topline results from their Phase 2b clinical trial of BPL‑003, an intranasal formulation of mebufotenin benzoate, in patients with treatment‑resistant depression (TRD). The multicenter, ...
iAnthus Reports Unanimous Approval at Annual General Meeting
LOS ANGELES- iAnthus Capital Holdings, a multi-state operator in licensed cannabis cultivation, processing, and retail, announced that its shareholders unanimously approved all items at the Annual General Meeting held on June 26, 2025. The approved resolutions included ...
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 ...
Chinese Gangs Exploit Farm Bill Loophole, Fueling Illicit Cannabis Spread Across the States
LOS ANGELES – Chinese criminal syndicates have seized on a flaw in the 2018 Farm Bill to flood American markets with illegal high-THC Cannabis disguised as legal hemp, creating a shadow economy that rivals major ...
Switzerland Advances Draft for Regulated Cannabis Sales with Centralized Online Distribution
BERN – Switzerland has released a draft proposal for legalizing adult-use Cannabis, featuring a tightly controlled system that includes one authorized online retailer alongside licensed brick-and-mortar stores. The plan, now open for public input through ...
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 ...
Five Vicente Sederberg Attorneys Included in 5280’s List of ‘Denver’s Top Lawyers 2022’
DENVER — Five attorneys from Vicente Sederberg LLP are included in 5280 magazine's list of "Denver's Top Lawyers 2022," which was released over the weekend. Founding partners Christian Sederberg and Brian Vicente were recognized for the seventh consecutive year, ...
Gary Vaynerchuk Announces Inaugural Green Street Cannabis Festival, Complete with Hip Hop & Culinary Stars
LOS ANGELES- Today, Green Street announced their inaugural festival for May 13th & 14th, 2022. The Green Street Festival will feature the city's top restaurants, the state's leading Cannabis brands, and the world's top entertainers ...
Leaders Across California Cannabis BIPOC & Legacy Farming to Rally At State Capitol Jan. 13
OAKLAND– In response to Governor Newsom's January 10 release of the 2022 California state budget - in which he and his Administration promise tax reform and to better support California's small licensed operators - a ...
A LIFE IN A DAY: Elana Goldberg: CEO: Cannigma
ELANA GOLDBERG is the CEO of The Cannigma. Born and raised in Sydney, Australia, she currently lives in Israel with her husband, two kids and a neurotic dog. She has 15 years of experience developing ...
Emerald Acquires MJBiz & MJBizCon For $120M+
NEW YORK, NY. (January 4, 2022) — Emerald Holding, Inc. (NYSE:EEX) today announced that it has completed the acquisition of MJBiz, the leading event producer and content platform serving the wide range of companies operating in the large and ...
Opinion: Mitchell Osak: In Cannabis, Culture Eats Strategy for Breakfast
TORONTO-Management guru Peter Drucker said ‘Culture eats strategy.’ In working with over 150 cannabis companies around the world, I couldn’t agree more. The newly legalized cannabis industry has grown quickly, often unexpectedly and with no ...
FAB CBD Helps Rebuild Communities in Kentucky
MILWAUKEE, - FAB CBD has donated $15,000 to Charlie Rocket's Dream Machine because they believe in helping out real people with specific needs and dreams. Founder Josh Delaney felt so moved by their mission and ...
