Legal Affairs
Flower by Edie Parker Teams Up with Verano for Florida Cannabis Debut, Spotlights Rapper JT in Promo Campaign
MIAMI – Flower by Edie Parker, a female-founded, premium Cannabis brand known for its vibrant designs, has struck an exclusive deal with Verano Holdings Corp. to roll out its products across the Sunshine State's medical ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
Cannabis MSOs Face High-Stakes Tax Dilemma as Rescheduling Decision Looms Under Trump
As Trump's administration weighs reclassifying Cannabis to Schedule III, Cannabis giants continue to contend with hefty uncertain tax liabilities under IRS Section 280E, a rule that has long hampered their financial flexibility. A recent report ...
Grown Rogue Reports Q2 2025 Financial Results
MEDFORD – Grown Rogue International Inc., a flower-focused Cannabis producer known for its craft-driven approach and scaled operations, reported its second quarter 2025 financial results for the period ending June 30, 2025. The company delivered ...
Is This a Meltdown For Michigan Cannabis Market?
LANSING – Michigan's legal Cannabis industry, once a hot spot for progress since recreational legalization in 2018, is now struggling with some serious financial pressures that could threaten its stability. According to a recent report ...
Cannabis Stocks Show Sensitivity to Q2 2025 Earnings Despite Market Volatility
LOS ANGELES – In the Cannabis industry, where trading often revolves around speculation and regulatory rumors, a recent analysis suggests that core financial performance still influences investor behavior. According to a recent report from Viridian ...
Flower by Edie Parker Teams Up with Verano for Florida Cannabis Debut, Spotlights Rapper JT in Promo Campaign
MIAMI – Flower by Edie Parker, a female-founded, premium Cannabis brand known for its vibrant designs, has struck an exclusive deal with Verano Holdings Corp. to roll out its products across the Sunshine State's medical ...
AbbVie Reveals $900M Upfront Payment in Psychedelic Deal, Signaling Strong Bet on Bretisilocin
CHICAGO – AbbVie Inc. disclosed in a recent securities filing that it handed over $900 million in cash at the outset of its acquisition of bretisilocin, the experimental psychedelic compound acquired from Gilgamesh Pharmaceuticals aimed ...
Rubicon Organics Secures $4M Financing for Facility Upgrades
VANCOUVER, BC – Rubicon Organics Inc. closed a $4 million credit package with Community Savings Credit Union to finance upgrades at its production sites. The deal breaks down into a $3 million term loan carrying ...
Behind The Scenes: Bespoke Financial: Funding the Future of Cannabis
LOS ANGELES–In a relatively short period of time, Bespoke Financial has established itself as the nation’s first cannabis-focused fintech lending platform. They’ve been in the news lately because they recently secured a new $125 million ...
Verano to Enter New York, Minnesota & New Mexico Markets with Proposed Acquisition of Goodness Growth Holdings
CHICAGO-- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Goodness Growth Holdings, Inc. (CSE: GDNS) (OTCQX: GDNSF) are pleased to announce that they have entered into a definitive arrangement agreement to which Verano will acquire ...
Registration for Cannabis Training at Kalamazoo Valley Community College Now Open
KALAMAZOO - Registration is now open for Kalamazoo Valley Community College's three cannabis certificate programs. The college announced the addition of the programs last month in an effort to provide job skills training for those ...
TobaGrown to Launch Not-For-Profit Legal Cannabis Products In Manitoba
WINNIPEG, MB - TobaGrown has been fighting for the right for Manitobans to be able to legally grow their own Federally legal cannabis for the last two years in a Constitutional Challenge against the Manitoba ...
Decibel Announces Closing of its $54 Million Debt Refinancing with connectFirst Increasing its Access to Debt by $20 Million
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF), a cannabis producer, is pleased to announce that it has closed its previously announced financing with connectFirst Credit Union Ltd. in respect of $54 million of ...
Canna Advisors Expands Headquarters to New York & Celebrates with Launch of Inaugural “Pitch Deck” Competition
NEW YORK - Canna Advisors, industry in advisory services for cannabis business development, announced the expansion of their corporate headquarters to New York, NY– supplementing the company's established presence in Boulder, CO. Coinciding with the ...
ANAB Launches Cannabis Certificate Accreditation Program, Providing Quality Assurance to Consumers and Industry
NEW YORK - As part of its long-term effort to support safety, quality, and consumer health amid the continued growth of the cannabis industry, the ANSI National Accreditation Board (ANAB), a wholly owned subsidiary of ...
The Green Organic Dutchman Appoints New Chief Financial Officer
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a global cannabis company announced the appointment of Ms. Nichola Thompson to the position of Chief Financial Officer of the Company. A finance ...
Cannachange: A New Solution to Increase Sustainability in the Cannabis Industry
LOS ANGELES– (EDITOR: We invited O'Neil Rudolph, the CEO of cannachange to discuss her new business, we thank her for her contributions and insights she shares in this article). The Cannabis Industry produces over 150 ...
The Valens Company to Host Investor Day
KELOWNA, BC - The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS), a manufacturer of cannabis products, announced that it will host a virtual Investor Day on February 7, 2022, at 11:00 AM ET. Registration for ...
Schwazze Adds Key Hires to Senior Leadership Team
DENVER - Schwazze, (OTCQX: SHWZ), announced the addition of key roles to support the Company's significant expansion within manufacturing, cultivation, and information technology. As Vice President of Manufacturing and Supply Chain, David Kaufman joined the ...
Ayurcann Holdings Corp. Launches “Fuego” Vapes In Alberta And Announces Symbol Change on OTCQB Market
TORONTO- Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) (FSE: 3ZQ0), a Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 products in ...
Leafy Tunnel Announces First Closing of Medical Cannabis & Psychedelics Fund
LONDON–Leafy Tunnel Ltd, an early stage venture capital firm which acts as the investment adviser to Leafy Tunnel Fund 1, has announced the first closing of its Guernsey-based fund that invests in medical cannabis and psychedelics. The investment strategy of ...
HEXO Provides Nasdaq Listing Update
GATINEAU, Québec - HEXO Corp (TSX: HEXO; NASDAQ: HEXO), announced that it received notification from The Nasdaq Stock Market LLC that it is not in compliance with the minimum bid price requirement in Nasdaq Listing ...
GrowGeneration Acquires Horticultural Rep Group
DENVER - GrowGeneration Corp. (NASDAQ: GRWG), the nation's chain of specialty hydroponic and organic garden centers, announced the acquisition of Horticultural Rep Group (HRG). "With this acquisition, GrowGen is strengthening its global product supply chain ...
72% of Cannabis Operators: Lack of Banking is Biggest Concern
PORTLAND, Ore. - Whitney Economics, the economic consulting firm in the cannabis industry, has just released its latest report, U.S. Cannabis Business Conditions Survey Report. This report reveals how cannabis industry operators are viewing the ...
4Front Ventures Corp. Closes Accretive Acquisition of New England Cannabis Corporation
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a multi-state cannabis operator and retailer, announced it has closed on the purchase of New England Cannabis Corporation, a cannabis cultivator with state-of-the-art facilities based in ...
The Parent Company Announces Voluntary Extension of Board of Director and Leadership Team Lock-up Agreements
SAN JOSE, Calif - TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a California cannabis company, announced that certain insiders have individually voluntarily entered into a twelve-month extension of lock-up agreements with the Company with respect ...
High Tide Announces Unaudited 2021 Financial Results Featuring a 118% Increase in Revenue
CALGARY, AB- High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announces its year end unaudited 2021 financial results on January ...
Trulieve Announces Closing of $75 Million Private Placement of 8% Senior Secured Notes
TALLAHASSEE, Fla. - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), announced that it has closed a second tranche of its previously announced private placement of 8% Senior Secured Notes due 2026 for aggregate gross proceeds ...
Chicago Atlantic Real Estate Finance Funds Senior Secured Credit Facility to Sanctuary Medicinals
CHICAGO - Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial real estate finance company, announced it funded $10 million as the initial advance of a new $25 million senior secured credit facility to ...
Ayr Wellness Adds Joyce Johnson-Miller to Board of Directors
MIAMI - Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), a U.S. multi-state cannabis operator, announced that it has welcomed Joyce Johnson-Miller to the Company’s Board of Directors. Additionally, Ms. Johnson-Miller has been appointed and confirmed ...
Charlotte’s Web Names Jade Proudman Global Brand Ambassador
DENVER and LONDON - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., has named Jade Proudman, the Chief Executive Officer of Savage Cabbage, one of the oldest and trusted CBD companies in the UK, as ...
TSUMo Snacks Secures $4M In Seed Funding Round Led by Casa Verde
LOS ANGELES - TSUMo Snacks announced today that it raised a $4M Seed round led by Casa Verde. The new cannabis brand aims to elevate the way people consume THC through its innovative salty & ...
Thomas Scientific Unveils Cannabis Team to Serve Rapidly Growing Industry
SWEDESBORO, N.J. - North America's distributor serving science, Thomas Scientific, has launched a dedicated cannabis team and business unit committed to serving laboratories, researchers, and manufacturers operating within the growing industry. Following the blueprint successfully ...
