Legal Affairs
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with Zohran Mamdani's clear mandate on November 4, 2025, as the 34-year-old assemblyman secured 50.4% of the vote against former Gov. Andrew Cuomo's 41.6% and Curtis ...
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of leading alcohol trade groups urged congressional leaders to suspend sales of intoxicating hemp-derived products until federal rules can be established, warning that the market's unchecked ...
Trulieve Reports Q3 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. disclosed third-quarter results showing revenue of $288 million, edging up 1% from the year-ago period but dipping 5% from the second quarter. The figures highlight a push toward tighter operations ...
Ascend Wellness Holdings Reports Q2 2025 Financial Results
NEW YORK – Ascend Wellness Holdings, Inc., a multi-state Cannabis operator, shared its financial performance for the second quarter of 2025, confirming steady performance, a fortified balance sheet, and ongoing retail growth. The company recorded ...
Cronos Group Inc Reports Q2 2025 Financial Results
TORONTO – Cronos Group Inc., a Canadian cannabinoid company with an international outreach, reported its Q2 2025 financial results, showcasing a 21% year-over-year increase in net revenue, reaching $33.5 million. The growth was primarily driven ...
Cresco Labs Reports Q2 2025 Financial Results
CHICAGO – Cresco Labs Inc. released its Q2 2025 financial results, revealing a mix of operational stability, revenue headwinds, and a pivotal debt restructuring. The company reported revenues of $164 million, down 11% from $184 ...
The Cannabist Co Holdings Reports Q2 2025 Financial and Operational Results
CHELMSFORD – The Cannabist Company Holdings Inc., a leading U.S. Cannabis cultivator, manufacturer, and retailer, released its financial and operational results for the second quarter of 2025, indicating ongoing efforts to streamline operations and strengthen ...
Mamdani’s Mayoral Win: Is It a Sign of Equity in NY’s Cannabis Field?
LOS ANGELES – New York City's mayoral race concluded with Zohran Mamdani's clear mandate on November 4, 2025, as the 34-year-old assemblyman secured 50.4% of the vote against former Gov. Andrew Cuomo's 41.6% and Curtis ...
Alcohol Giants Press Congress to Outlaw Intoxicating Hemp Derivatives
WASHINGTON – In a letter sent Tuesday, a coalition of leading alcohol trade groups urged congressional leaders to suspend sales of intoxicating hemp-derived products until federal rules can be established, warning that the market's unchecked ...
Trulieve Reports Q3 2025 Financial Results
TALLAHASSEE – Trulieve Cannabis Corp. disclosed third-quarter results showing revenue of $288 million, edging up 1% from the year-ago period but dipping 5% from the second quarter. The figures highlight a push toward tighter operations ...
Extract Labs Launches Immune Support Tincture, First CBGa Product to Hit the Consumer Market
LAFAYETTE, Colo.,- Extract Labs, a full-service CBD extraction laboratory and retailer, today announced the launch of its 2,000mg full-spectrum Immune Support CBGa CBDa Tincture, a 1:1:1:1 500mg CBGa, CBDa, CBG and CBD tincture blend that ...
Halo Enters Functional Beverages Via Acquisition of H2C Beverages
TORONTO– Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it is expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages and the ...
Charlotte’s Web Reorganizes for ”Agility, Growth, and Cash Generation”
DENVER– (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings has completed a reorganization to drive agility and growth as the Company prepares to launch new products, channels and markets, with intent to return to positive cash ...
Numinus Submits Clinical Trial Application for Phase 1 Trial on Proprietary Psilocybin Product
VANCOUVER–Numinus Wellness Inc. (TSX: NUMI), a leader in psychedelics-focused mental healthcare, is pleased to announce that it has formally submitted the clinical trial application to Health Canada for its Phase 1 study, HOPE, on a ...
Cannabis Entrepreneur Profile: Judson Hill: Head of Revenue: Bespoke Financial
LOS ANGELES–Judson Hill didn’t start out on the financial side of the cannabis industry—despite being the second team member to join California’s massive cannabis lender, Bespoke Financial. As a 'native' of the fashion industry, Judson’s ...
Collective Cannabis Chooses Wings Assembly-to-Delivery EXO System
BOSTON, - Wings, a robotics and AI startup developing retail, announced that Collective Cannabis, a Cannabis Dispensary, will utilize its EXO Delivery System to streamline logistics, foster a happier workforce, and enhance the consumer experience. ...
High Life Farms Launches Popcorn Small Buds Product Line in MI
CHESANING, Mich.- High Life Farms, a cannabis company with operations in Michigan and California, announced that Popcorn Buds Pre-Packaged Flower, a line of small buds featuring vintage, carnival-style packaging, is now available across Michigan dispensaries. ...
NIHC and HCANN-CR Enter MOU to Advance the Brand of Hemp Throughout the Americas
WASHINGTON - The National Industrial Hemp Council of America (NIHC) and the Hemp and Cannabis Costa Rica Council (HCANN-CR) announced that they have signed a memorandum of understanding (MOU) to cooperate on issues including improving ...
CannabizTeam Predicts 100,000 New Cannabis Jobs in 2022
SAN DIEGO - CannabizTeam Worldwide, the cannabis-focused executive search and staffing firm, announced the release of its 2022 Cannabis Industry Salary Guide. This is the fourth edition of CannabizTeam's national salary guide, a comprehensive report ...
AUDACIOUS Completes Transaction to Acquire Lo͞oS
LAS VEGAS - Terry Booth, CEO, announced that Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), has completed its acquisition of Lo͞oS, a cannabinoid-infused shot beverage company, based in Santa Cruz, CA. "We can now go ...
Cantourage Brings First Ugandan Medical Cannabis to Germany via Partnership with 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 first Ugandan medical cannabis brought to Germany. From today, pharmacies and patients throughout Germany will have ...
Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market
LAS VEGAS– Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health (GTH), a subsidiary ...
Health Canada Allow Physicians to Request Banned Drugs on Behalf of Patients
OTTAWA–In a groundbreaking decision, the Canadian government is changing the way patients can access psychedelic therapies with restricted drugs, including MDMA and psilocybin. Through an amendment to federal regulations, Health Canada is now allowing physicians to request ...
AWAKN Shares Data from Phase 2 Study for Treating Alcohol Abuse with Ketamine
TORONTO–Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics (medicines and therapies) to treat addiction, is delighted to announce ground-breaking positive data from their Phase II ...
A LIFE IN A DAY: Mitch Pfeifer: CEO: Respect My Region
MITCH PFEIFER is the founder and CEO of leading cannabis and music media platform Respect My Region. With a rich entrepreneurial background in digital marketing, and cannabis, Pfeifer has deep experience in highly regulated industries, ...
Cannabis Sales in Arizona Top $1.2 Billion in First 11 Months of 2021
PHOENIX–The Arizona Department of Revenue reported more than $1.23 billion in combined cannabis adult use & medical sales through the first 11 months of 2021, indicating that the state's cannabis industry is continuing to expand. ...
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 ...
