Legal Affairs

Canadian Cannabis Producers Expand Exports

LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...

AYR Wellness Secures Temporary Waiver in Financing Deal

LOS ANGELES- AYR Wellness Inc. a vertically integrated U.S. multi-state cannabis operator, has entered into a Limited Waiver Agreement with holders of a majority of its senior secured notes . Under this agreement, noteholders temporarily agree ...

Canadian Cannabis Producers Expand Exports

LOS ANGELES- Canada’s licensed cannabis sector continues its move toward international markets, driven by strong global demand, especially for medical cannabis. During the 2023–24 fiscal year, Canada exported approximately CA$218 million of medical cannabis for commercial ...

Week In Review: Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators; Minnesota Approves Hemp Seed Meal for Laying Hens Agrify Divests Cultivation Business to Focus on THC Beverages; Aurora Cannabis Expands Distribution in Australia

LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...

Hemp Industry Anticipates Expansion

LOS ANGELES- The U.S. Hemp Roundtable, a leading advocacy organization for the hemp sector, has strengthened its leadership by appointing two prominent figures from the hemp beverage industry. In September 2024, Art Massolo, Vice President ...

Federal Restrictions on Cannabis Sales in Washington

LOS ANGELES- A coalition of Republican lawmakers and Washington, D.C. officials is advocating for the removal of federal restrictions that prevent the District from regulating and taxing cannabis sales. During a recent House Appropriations subcommittee ...

Global Developments in Cannabis Legalization in 2023

LOS ANGELES- In 2023, several countries made significant strides in cannabis legalization, reflecting a global shift in drug policy. Germany's Legislative Progress Germany advanced toward legalizing cannabis for adult use, aiming to become the European ...

Michigan Transfers Hemp Regulation to USDA

LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...

DEA Postpones Cannabis Rescheduling Hearings to 2025

LOS ANGELES-The U.S. Drug Enforcement Administration (DEA) has postponed its hearings on the proposed rescheduling of cannabis under the Controlled Substances Act (CSA) to early 2025. The delay follows a preliminary order from Chief Administrative ...

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