Legal Affairs
Indigenous Tribes Expand Presence in U.S. Cannabis and Hemp Sectors
LOS ANGELES- A recent analysis by the Indigenous Cannabis Industry Association (ICIA) and law firm Vicente LLP reveals that approximately 26% of the 358 federally recognized Indigenous communities in the continental United States are now ...
Colorado Court Dismisses Mammoth Farms’ Lawsuit Against Marijuana Enforcement Division
LOS ANGELES- A Denver District Court has dismissed a lawsuit filed by Mammoth Farms against the Colorado Marijuana Enforcement Division (MED), ruling that the cannabis cultivator must pursue regulatory changes through administrative channels rather than ...
Thailand Moves to Restrict Cannabis Use to Medical Purposes Within 40 Days
LOS ANGELES- Thailand's Public Health Minister, Somsak Thepsutin, has announced plans to implement regulations within 40 days that will restrict cannabis use to medical purposes only. Under the forthcoming rules, both Thai nationals and foreigners ...
LEEF Brands to Enter New York’s Expanding Cannabis Market with Acquisition of Tier 1 Processing License
LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to ...
Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES- Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, has bolstered its financial position by obtaining approximately $9.7 million through two strategic financial maneuvers. Employee Retention Credit (ERC) Refund Proceeds The company received ...
Greenlane Holdings Completes $25 Million Private Placement to Strengthen Financial Position
LOS ANGELES -Greenlane Holdings, Inc, a seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, has successfully closed a $25 million private placement. The offering, priced at $1.19 per Common Unit, was conducted ...
HYTN and A1 Cannabis Forge Partnership to Expand Cannabis Beverage Production
LOS ANGELES- HYTN Innovations Inc., a company specializing in pharmaceutical-grade cannabis manufacturing, has entered into a three-year collaboration with A1 Cannabis Inc., the owner of Summit Cannabis Beverages. This partnership aims to enhance operational efficiency ...
Indigenous Tribes Expand Presence in U.S. Cannabis and Hemp Sectors
LOS ANGELES- A recent analysis by the Indigenous Cannabis Industry Association (ICIA) and law firm Vicente LLP reveals that approximately 26% of the 358 federally recognized Indigenous communities in the continental United States are now ...
Colorado Court Dismisses Mammoth Farms’ Lawsuit Against Marijuana Enforcement Division
LOS ANGELES- A Denver District Court has dismissed a lawsuit filed by Mammoth Farms against the Colorado Marijuana Enforcement Division (MED), ruling that the cannabis cultivator must pursue regulatory changes through administrative channels rather than ...
Thailand Moves to Restrict Cannabis Use to Medical Purposes Within 40 Days
LOS ANGELES- Thailand's Public Health Minister, Somsak Thepsutin, has announced plans to implement regulations within 40 days that will restrict cannabis use to medical purposes only. Under the forthcoming rules, both Thai nationals and foreigners ...
Cannabis Brand House TREC Brands to Acquire Licensed Producer Agripharm Corp.
TORONTO - Socially-conscious cannabis brand house TREC Brands announced it has entered into a definitive agreement to acquire Agripharm Corp., a licensed producer of consumer cannabis products with existing provincial supply agreements covering 75% of ...
Sana Botanicals, LLC Announced the Launch of FORCE™ 3000mg Full-Spectrum 30ml CBD Tincture at $29.99
JOELTON, Tenn. - Sana Botanicals, LLC's founding member and product marketing specialist, Will Daugherty, announced that Sana Botanicals is releasing their most powerful, full-spectrum CBD tincture at $29.99 retail pricing. After five years of making ...
Maine’s Cannabis Industry Reports $59 million In First Year Of Sales
AUGUSTA– The Maine Office of Marijuana Policy published sales data from the first full year since adult-use sales began. Maine's adult-use cannabis industry reported more than $58 million in sales in its first year of ...
Governor Newsom Vetoes Cannabis Billboard Advertising
SACRAMENTO– A bill attempting to permit advertising cannabis on billboards in California, was vetoed by Gov. Gavin Newsom last Friday. The bill would have allowed cannabis products to be advertised on freeway billboards in most ...
Cannabis Test Kits Start Sale To Parents in Advance of Halloween
SAN DIEGO - A company called Verifique announced they have Halloween cannabis Test Kits. Their service went live the week of October 5, and their kits are aimed at parents across North America in preparation ...
Cannabis Capital Markets Roundup Week Ending October 8th, 2021
NEW YORK- Welcome to the week that was on Highly Capitalzied. Here's a round up of latest financial news moving the cannabis stock markets. Week ending October 8th, 2021. 1) Tilray Inc (NASDAQ:TLRY) Tilray's Q.1 revenue ...
On November 2nd, Detroiters Can Vote Yes on Proposal E To Decriminalize Plant Based Medicine
DETROIT - According to Michigan law, cannabis, psilocybin and other plant based medicines are currently listed as schedule 1 controlled substances. That means you can be arrested and face massive fines and extensive jail time ...
Sunniva Announces Change of Auditor
VANCOUVER, BC - Sunniva Inc. (CSE: SNN) (OTC Pink Sheets: SNNVF) announced that the board of directors of the Company has appointed GreenGrowth, Chartered Professional Accountants, as the Company's new auditor, replacing MNP LLP, Chartered ...
California’s Assembly Bill 45 Formally Permits CBD Sales, Elixinol Upgrades E-commerce Capabilities
SYDNEY - Elixinol Wellness Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to communicate that Assembly Bill 45 (AB45) was signed into law by Californian Governor, Mr Gavin Newsom on 6 October 2021, establishing ...
Adastra Announces Supply & Purchase Agreement with Sitka Weed Works
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) announced it has signed a definitive agreement with Sitka Weed Works Inc. regarding the supply of cannabis grown by Sitka. Sitka is a cultivator and ...
AskGrowers Celebrates Hispanic Heritage Month in the Cannabis Industry
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has interviewed Hispanic leaders in the cannabis industry in honor of Hispanic Heritage ...
Kill Cliff Launches ”The Grapest” CBD Drink With Mishka
LOS ANGELES - Kill Cliff is launching The G.O.A.T., the Grapest of all-time, in an exclusive collaboration with one of the artist consortiums in the world, Mishka. For Kill Cliff, this latest CBD drink is ...
4Front Ventures Announces Acquisition of Massachusetts Based New England Cannabis Corporation
PHOENIX, Ariz - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a multi-state cannabis operator and retailer, announced that it has signed definitive agreements on October 6, 2021, to acquire New England Cannabis Corporation, a ...
GrowGeneration Signs Distribution Agreement with Groundwork BioAg
DENVER, Colo. and MAZOR, Israel - GrowGeneration Corp. (NASDAQ: GRWG) a company with specialty in hydroponic and organic garden centers, and Groundwork BioAg, a bio-agriculture company, announced that they have entered into a distribution agreement ...
MediaJel Partners with Smart AdServer
WALNUT CREEK, Calif. - MediaJel, the digital marketing and programmatic software platform for regulated brands, announced an exclusive partnership with Smart AdServer, an independent ad monetization platform. With a shared vision to level-set the adtech ...
Healist Advanced Naturals Releases Limited-Edition Product in Honor of World Mental Health Day
NEWPORT BEACH - Healist Advanced Naturals, wellness brand under the parent company Kadenwood, announced the launch of a limited-edition CBD product line in support of World Mental Health Day on October 10, 2021. The launch ...
Charlotte’s Web Begins Retail Expansion in California
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The Law formally permits retail sale of products containing ...
Trulieve Expands Access to Medical Cannabis with Reopening of Dispensary in North Port, Florida
TALLAHASSEE–(CSE: TRUL) (OTCQX: TCNNF), the largest multi-state operator (MSO) in the United States, today announced the reopening of a dispensary in North Port, Florida. The Sarasota-area dispensary is Trulieve's 92nd location in Florida and was formerly branded as ...
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 ...
