Legal Affairs
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, the psychoactive compound found in so‑called “magic mushrooms,” for patients with treatment‑resistant depression. This marks the first time psilocybin has been approved for medical use ...
Psyence Group Inc. Announces C$600,000 Private Share Offering
LOS ANGELES— Psyence Group Inc. a biotechnology firm focused on nature-derived psilocybin for mental health and palliative care, has announced a non-brokered private placement to raise up to C$600,000. The offering, detailed in a news ...
Texas Governor Expands Medical Cannabis Program, Vetoes THC Ban
LOS ANGELES— Texas Governor Greg Abbott has signed House Bill 46 into law, significantly expanding the state’s limited medical cannabis program, while vetoing Senate Bill 3, which aimed to ban hemp‑derived THC products—including delta‑8 gummies, ...
POSaBIT Captures Majority of Cannabis Transactions in Washington State
LOS ANGELES- POSaBIT Systems Corporation a provider of point-of-sale and payments infrastructure in the cannabis industry, now processes over 85% of all cannabis point-of-sale transactions in Washington State. Established in 2015, POSaBIT has expanded ...
Hemp-Derived Products Influence Cannabis Market Dynamics
LOS ANGELES- The 2018 Farm Bill's legalization of hemp cultivation has significantly impacted the cannabis industry, leading to the emergence of various hemp-derived products that are reshaping market dynamics. One notable development is the ...
High Tide Reports Q1 Revenue
LOS ANGELES- High Tide Inc. a Canadian cannabis retailer, announced its financial results for the first quarter ended January 31, 2025, reporting revenue of CAD 142.5 million, an 11% increase from the same period last ...
MindMed Appoints Matt Wiley as Chief Commercial Officer
LOS ANGELES-Mind Medicine (MindMed) Inc. a biopharmaceutical company specializing in brain health disorders, has announced the appointment of Matt Wiley as Chief Commercial Officer (CCO). In his new role, Mr. Wiley will oversee MindMed's ...
New Zealand Approves Psilocybin for Medicinal Use
LOS ANGELES— New Zealand’s government has authorized the prescription of psilocybin, the psychoactive compound found in so‑called “magic mushrooms,” for patients with treatment‑resistant depression. This marks the first time psilocybin has been approved for medical use ...
Psyence Group Inc. Announces C$600,000 Private Share Offering
LOS ANGELES— Psyence Group Inc. a biotechnology firm focused on nature-derived psilocybin for mental health and palliative care, has announced a non-brokered private placement to raise up to C$600,000. The offering, detailed in a news ...
Texas Governor Expands Medical Cannabis Program, Vetoes THC Ban
LOS ANGELES— Texas Governor Greg Abbott has signed House Bill 46 into law, significantly expanding the state’s limited medical cannabis program, while vetoing Senate Bill 3, which aimed to ban hemp‑derived THC products—including delta‑8 gummies, ...
The Valens Company Completes Acquisition of Citizen Stash Cannabis Corp.
KELOWNA and VANCOUVER, B.C., - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd.) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) are pleased to announce the successful completion ...
Cannadips Relaunched Across California in Exclusive Distribution Partnership with HERBL
HUMBOLDT, Calif. - Cannadips, the original smokeless cannabis and hemp dip pouch have relaunched their THC line across California exclusively with HERBL, California's cannabis supply chain company. HERBL's distribution network will support the relaunch of ...
Medical Cannabis Market to Reach $53.88 Bn, Globally, by 2030 at 23.6% CAGR: Allied Market Research
PORTLAND, Ore. - Allied Market Research published a report, titled, "Medical Cannabis Market by Product Type (Buds/Marijuana Flower and Cannabis Extracts), Application (Chronic Pain, Mental Disorders, Cancer, and Others), and End User (Pharmaceutical and Research ...
Rx Green Technologies Raises Strategic Growth Equity Financing From Intrinsic Capital Partners
DENVER - Rx Green Technologies, a provider of cannabis cultivation inputs and services, has announced an initial closing of $9.75 million of growth equity financing, its first institutional capital raise. The funding, led by Intrinsic ...
Curaleaf Expands its Presence in Three Key Growth Markets with Acquisition of Tryke Companies
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a provider of consumer products in cannabis, today entered into a definitive agreement to acquire Tryke Companies (dba as Reef Dispensaries), a multi-state cannabis ...
US November Elections: The Tide Is Turning In The War On Drugs
NEW YORK–November’s recent state elections in the USA this week showed the tide is turning in the War on Drugs. While the war is far from won, many battles have been fought. Some won, some lost, ...
Rick Simpson Foundation Announces Successful Product Launch of Rick Simpson Oil in Europe
LONDO - Rick Simpson Official, which operates in the United States, announced their lab tested, A-grade formula of Rick Simpson Oil (RSO) is now available for European consumers. The authentic Rick Simpson Oil formula, once ...
Xebra’s Vicious Citrus THC Lemonade Submitted To Health Canada
VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (FSE: 9YC:), a cannabis company, announced that is has submitted a new product notice for its THC infused lemonade, Vicious CitrusTM to Health Canada, for planned distribution ...
Harborside Inc. Announces Change of Auditor
OAKLAND, Calif. and TORONTO - Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, cannabis enterprise, announced that, following the recommendation of the audit committee and in anticipation of the transition to domestic issuer status in ...
Gage Growth Reminds Shareholders to Vote to Approve the Proposed Transaction with TerrAscend
DETROIT and TORONTO - Gage Growth Corp. (CSE: GAGE), a cannabis brand and operator in Michigan, reminds the shareholders of Gage to cause their subordinate voting share and super voting shares to be voted in ...
Glass House Brands Appoints John Brebeck as Vice President of Investor Relations
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) and (NEO: GLAS.WT.U) (OTCQX: GLASF) and (OTCQX: GHBWF), announced that it has appointed John Brebeck as Vice President of Investor Relations. Mr. Brebeck ...
Premier CBD Hub Launched New 2.0 Site and Branded Products in time for the Holidays
MIAMI - Premier CBD Hub, seller of a variety of hemp-derived THC-Free Cannabidiol (CBD) Isolate products such as oils, drops/tinctures, creams, moisturizers, chews, and capsules, announced its new retooled 2.0 website and branded products launch. ...
Cantourage launched new dried flower medical cannabis product through partnership with MHI Cultivo Medicinal SA
BERLIN - European medical cannabis company Cantourage will from today be making Relecan, a new brand of medical cannabis dried flowers, available in Germany. The Portuguese-grown product, which can be prescribed to patients suffering from ...
Arizona CEO Inspired by Mom’s Battle with Breast Cancer, Helps Grow Multi-Million Dollar Cannabis Empire
PHOENIX - An Arizona-based CEO's mother's battle with triple-negative stage 3 breast cancer inspired a move from real estate to cannabis. Four years later, she's cancer-free and he's running a multi-million dollar cannabis empire. Once ...
Akerna Flash Report: Consumers spend more per person on cannabis than Halloween costumes and candy
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance gateway powering the global cannabis industry, shows that over Halloween weekend ...
FoliuMed seals white label cannabis deals in South America
LIMBURG AN DER LAHN, Germany - FoliuMed, a medical cannabis company with manufacturing operations in Germany and cultivation in South America, recently concluded two major sales agreements with customers in Brazil and Colombia. Under the ...
Curebase, LEVEL Announced Clinical Trial to Determine Whether Cannabinoids Can Help Veterans Sleep Better
SAN FRANCISCO - Curebase, a company committed to democratizing access to clinical studies, and LEVEL, a science-driven cannabis company on cannabinoid research and innovation, announced a decentralized clinical study to determine whether cannabis can have ...
Disposable Vaporizer Development Designed to Maximize Success
SHENZHEN, China - As a cannabis vaping hardware brand under FirstUnion Group, MAXCORE provides the high standard of CBD & THC vaping products for global clients. From start to finish, MAXCORE partners with customers to ...
Eaze Co-Founder Creates Smokable Light Cannabis
LOS ANGELES - Eaze co-founder Jamie Feaster is betting on mainstream consumers' cannabis adoption as his new brand, Country, announced their second product - Win the Day - and expands into retailers throughout California. Along ...
Phylos Partners with National Black Farmers Association and Oregon State University
PORTLAND, Ore. - Phylos®, a modern crop science company developing cannabis and hemp genetics, has committed to supplying 1 million stable and reliable hemp seeds to BIPOC farmers without capital investment. The first round of ...
Interest in Shopify-based Head Shop Payment Processing Increasing, According to Tower Payments
AMESBURY, Mass. - According to Tower Payments, a New-England-based payment processor, there is a noticeable growing demand for US payment processing that both allows the sale of head shop items like water pipes, and also ...
Panaxia and Neuraxpharm are the first companies to sell medical cannabis extracts for inhalation in Europe
TEL AVIV, Israel - Dr. Dadi Segal, CEO of Panaxia Global, said, "After obtaining a marketing permit in Germany, which was a significant milestone for us, we are proud to announce the first commercial shipment ...
Two Roots Beverage Co. Enters into Partnership with Truss Beverage Co. for Canadian Market
SAN DIEGO - Pairing the best liquids from North America with the best in cannabis, Two Roots Beverage Co. announced its partnership to provide non-alcoholic beer for Truss Beverage Co. newly launched brand, Bedfellows Liquid ...
Canopy Growth’s Deep Space Brand Expands Product Offering
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a cannabis, hemp, and cannabis device company, announced two new product offerings from its Deep Space brand - Limon Splashdown, a lemon-lime flavour that ...
AUDACIOUS Signs Term Sheet with Thailand-Based Golden Triangle Health to Drive Entry into the Asia-Pacific Cannabis Market
LAS VEGAS - Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced that the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health ...
