Legal Affairs
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
The Important Tax Deadlines to Remember in Cannabis
LOS ANGELES—As we enter 2025, it's crucial for individuals and businesses to keep track of key tax deadlines. Missing these dates can lead to penalties, interest charges, and wasted opportunities for tax savings. At Growise ...
Senator Warren Seeks Clarification from RFK Jr. on Cannabis Legalization and Rescheduling
LOS ANGELES- Senator Elizabeth Warren (D-MA) has formally requested that Robert F. Kennedy Jr., the nominee for Secretary of Health and Human Services (HHS), clarify his stance on cannabis legalization and rescheduling. In a comprehensive ...
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
High Tide Enters U.K. Market Through Acquisition of Blessed CBD
CALGARY–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company manufacturing consumption accessories, is pleased to announce that it is taking another step towards solidifying itself as a major player within the ...
Khiron Presents its First Pain Research Study With 1,400 Patients
TORONTO–Khiron Life Sciences Corp. (TSXV: KHRN)(OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated international cannabis operator with core operations in Latin America and Europe, is pleased to announce that the Company presented results from its first research ...
NUGS Unveils New LA Dispensary Brand And Cultivation Expansion
LOS ANGELES– Cannabis Strategic Ventures (OTC:NUGS), an emerging U.S. cannabis company, announced it will deploy its newly acquired licenses, including the upcoming grand opening of the Company’s customer-facing cannabis dispensary brand, “MDRN Tree,” which will ...
Humble & Fume, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Financial Results
TORONTO–Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, today reported its financial results for the fiscal 2021 fourth quarter and year ended June 30, 2021. "Humble bridges the gap ...
Item 9 Labs Corp. to Acquire Colorado Dispensary, Kickstarts National Acquisition Growth Plan
PHOENIX– Item 9 Labs Corp. (OTCQX: INLB)—a vertically integrated cannabis dispensary franchisor and operator today announced it has signed an Asset Purchase Agreement ("APA") for an existing dispensary license and storefront in Adams County, CO. ...
Charlotte’s Web Begins Retail Expansion in California With New Law
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the market leader in full spectrum hemp extract products, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The ...
Tilray Reports First Quarter Fiscal Year 2022 Financial Results
NEW YORK–Tilray, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for the first fiscal quarter ended August 31, 2021. All financial information in this press ...
Hall of Flowers Makes Splashy Return to Santa Rosa
Hall of Flowers entrance. Photo credit: Hall of Flowers Hall of Flowers, the premier B2B cannabis show for California brands and buyers, made a triumphant return on September 22 and 23. Held at ...
goodblend Texas Announced Educational CannaBus Tour Across Texas
AUSTIN, Texas - goodblendTM Texas, a cannabis operator and retail brand of Parallel, announced the goodblend CannaBus tour 2021. This first-of-its-kind mobile cannabis dispensary and educational tour across the state of Texas will bring awareness ...
Molson Coors And HEXO Corp Joint Venture, Expands CBD Beverages Nationally
DENVER - Truss CBD USA, a joint venture by Molson Coors Beverage Company (NYSE: TAP) and HEXO USA Inc, a subsidiary of HEXO Corp (NASDAQ: HEXO), announced the expansion of Veryvell, a line of hemp-derived ...
LIM College Launches Nation’s First Bachelor’s Degree in The Business of Cannabis
NEW YORK - LIM College, has become the first college in the United States to offer a Bachelor of Business Administration (BBA) degree program focused on the business side of the cannabis industry. New York ...
Pet Releaf Enhances Edibites CBD for Dogs with New Formulation and USDA Organic Certifications
DENVER - Pet Releaf, a CBD hemp health brand for pets, announced that it is transitioning the CBD-infused Edibites line to its soft chew formula and it has obtained the U.S. Department of Agriculture (USDA) ...
Existing Institutional Investors Demonstrate Confidence With $20 Million Re-Investment in Akerna
DENVER - Akerna Corp. (Nasdaq: KERN), a software company, announced it has entered into a securities purchase agreement for a US $20 million convertible debt financing with existing institutional investors who hold the Company's currently ...
Kiva Sales And Service Announced Partnership With Autumn Brands
ALAMEDA - Kiva Sales and Service (KSS), announced its partnership with Autumn Brands. Specializing in indoor sun grown cannabis from Santa Barbara County, the Autumn Brands' family farm started in Holland more than a century ...
Artet Partners With Aster Farms To Launch Single Strain, Live Resin Cannabis-Infused Aperitif This Fall
LOS ANGELES - This fall, the Los Angeles-based cannabis-infused beverage brand Artet welcomes a new single strain, live resin batch of their flagship aperitif - 'Founders' Blend' - in collaboration with the California-based, sustainable cannabis ...
CASE STUDY: How Did DreamFields Defy Cannabis Industry Trends & Achieve 1000% Growth?
LOS ANGELES–DreamFields, a licensed manufacturer and distributor headquartered in Desert Hot Springs, CA are a fully vertically integrated, production facility and employ close to 100 people. In May 2019 the company’s flagship brand, Jeeter, did ...
Justin Bieber Is Teaming Up With ‘Peaches’ Cannabis Joints
LOS ANGELES–Canadian singer Justin Bieber is launching a new cannabis brand, teaming up with a company to peddle pre-rolled joints that he’s calling "Peaches," a nod to one of his most successful recent songs. The ...
Seattle Decriminalizes Most Psychedelic Drugs
SEATTLE–Seattle’s City Council approved a resolution Monday to decriminalize psychedelic substances, including the cultivation and sharing of psilocybin mushrooms, ayahuasca, ibogaine and non-peyote-derived mescaline. These traditional medicines had been banned during the failed ''War On ...
Vicente Sederberg Expands Service Offerings in Michigan With Addition of Ann Arbor-based Partner Travis Copenhaver
ANN ARBOR, Mich. — Leading local cannabis attorney Travis Copenhaver joined national cannabis law firm Vicente Sederberg LLP as a partner this month as the firm significantly expands its service offerings across Michigan. Copenhaver focuses his practice on cannabis ...
Enjoy Hemp Expands Line Launching Uplift and Relax Delta-8 THC Syrups/Drink Additives
MIAMI - Enjoy Hemp, an industry of hemp-derived products, and the line of hemp-derived Delta-8 THC products designed for customers to "enjoy life" how they choose, has launched Delta-8 THC Syrup. Enjoy Hemp's Delta-8 Syrup ...
Inland Detox Introduces Pharmacogenetics Testing
TEMECULA, Calif. - As the opioid epidemic continues to worsen, many people are looking for help in detox and rehab. Over the last 7 years, the team at Inland Detox has helped people recover from ...
Kaival Brands to Launch UK Market
GRANT, Fla. - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), the global distributor of products manufactured by Bidi Vapor, LLC, announced its plan to launch distribution of its products in the United Kingdom. Following the ...
Afro-Caribbean Cannabis Beverage Brand Launches New E-Commerce Store
BROOKLYN, N.Y. - 1 year after launching the first Black-owned Afro-Caribbean cannabis beverages in California, SHOKi Beverages Corporation announced immediate nationwide availability to pre-order uninfused versions of their popular and non-alcoholic cannabis cocktail mixers known ...
Hockey Goaltender David Ayres Joins CaniBrands® as a Brand Ambassador
MISSISSAUGA, ON - CaniBrands Inc., a sports, fitness, and wellness company, announced a partnership with goaltender David Ayres. The hockey player, who made headline news around the world, is the newest ambassador for the growing ...
The Parent Company to Acquire Coastal, Expanding its Retail Network
SAN JOSE, Calif. - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has signed definitive agreements to acquire 100% of the equity of Coastal Holding Company, LLC, a California retail dispensary and delivery ...
