Legal Affairs
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
Arizona Advances Psilocybin Research Initiatives
LOS ANGELES- Arizona legislators have approved measures to promote research into the medical applications of psilocybin, the active compound in certain mushrooms, and to establish a Psilocybin Research Advisory Council. The House Military Affairs & ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES- Canopy Growth Corporation's stock declined by 9% to a historic low of $1.26 per share following the company's announcement to issue up to $200 million in new shares. This move aims to bolster ...
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
Michigan Dispensary Agrees to $205K Settlement Over Withheld Tip Dispute
LOS ANGELES- A Michigan-based cannabis dispensary chain, Timber Cannabis, has agreed to pay $205,000 to resolve a lawsuit filed by employees claiming management withheld customer tips. While the company did not admit to any wrongdoing, ...
GOP Panel Requests Review of Cannabis Rescheduling by Biden Administration
LOS ANGELES- A Republican-led congressional subcommittee is urging a formal investigation into the Biden administration’s handling of the federal cannabis rescheduling process. The request, made in a report accompanying the fiscal year 2026 funding bill ...
U.S. Whiskey Consumption Slows as Cannabis and Wellness Trends Gain Traction
LOS ANGELES- Brown‑Forman Corp., producer of Jack Daniel’s Tennessee Whiskey, cites three primary factors contributing to reduced whiskey consumption in the U.S.: increasing cannabis use, the popularity of GLP‑1 weight‑loss medications, and softer demand among ...
RQS Pro Releases First Range of F1 Hybrid Cannabis Seeds
EINDHOVEN, The Netherlands - RQS Pro's internal cannabis F1 hybrid breeding program results in the first of several F1 hybrids. The B2B division of the Royal Queen Seeds brand believes that F1 hybrid seeds are ...
GroAdvisor Announced Series B Funding from Merida Capital Holdings
CHICAGO - GroAdvisor – announced the completion of its Series B round of funding from Merida Capital Holdings. With the successful closing, GroAdvisor will continue to focus on providing the industry with unparalleled service when ...
Leading SPAC Parallel Scraps $1.9 billion Merger Deal with Ceres Corp.
TORONTO–Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) announced a ''mutually agreed'' termination, effective immediately, of its Business Combination Agreement dated February 21, 2021 with SH Parent, Inc. Chewing gum heir William “Beau” Wrigley Jr.’s ...
Khiron Announces Resignation of Chief Financial Officer
TORONTO - Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a medical cannabis company with operations in Latin America and Europe, announced that Joel Friedman, has resigned as Chief Financial Officer of the Company ...
CampNova Announce They’ve Tested The Top 10 Celebrity Cannabis Brands
LOS ANGELES - The guessing game of which celebrity cannabis brand is the best is over. CampNova has smoked them all and crowned the top 10 celebrity weed brands. Sponsored by Hellapaxx and Smoke on ...
Your CBD Store Helps Customers Get ‘TRIM’ With Fall Launch Of First-Ever CBD Weight-Loss Product Line
PALMETTO, Fla. - Your CBD Store | SUNMED™, CBD retailer in the United States and a company with a unique approach to "plant science," announced its product line yet – TRIM by SUNMED™. Now available ...
BudPop Delta-8 Gummies: Beginner’s Guide
LOS ANGELES - BudPop has become a popular name in the Delta-8 industry, the brand is known for offering quality products, and all its products have received positive responses. Their Delta-8 gummies have done an ...
LePow Extracts Debuts New Edibles Made with its Rick Simpson Oil
DENVER - LePow Extracts has announced an exciting pairing of cannabis edibles: Sour Crunch Gummy Bites and Pour Up syrups. Made using their famously high-quality RSO, these infused edibles are one of the most highly-anticipated ...
UCASU Introduced Cannabis Property Investment
ATLANTA - UC Asset LP (OTCQX: UCASU) introduced its Cannabis property investment strategy during the Emerging Growth Conference. According to the company presentation, Cannabis properties, combined with the company's current investments in Airbnb-based SHOC properties ...
Adastra Holdings Announces Expansion of Phyto Extractions Product Line Distribution into Yukon Territory
LANGLEY, BC - Adastra Holdings Ltd. (formerly Phyto Extractions Inc.) (CSE: XTRX) (FRA: D2EP), announced that Phyto Extractions branded concentrate products are now listed in the Yukon territory. The recent acceptance by Cannabis Yukon expands ...
Cantourage Partners with FarmaGrowers to Bring First South African Medical Cannabis to Germany
BERLIN - European medical cannabis Cantourage and South Africa-based farming enterprise FarmaGrowers have confirmed an agreement to supply South African medical cannabis dried flower products to German pharmacies. The agreement means that Germany's growing number ...
Glass House Brands Appoints Mark Vendetti as Chief Financial Officer
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), a cannabis company in the U.S., announced that Mark Vendetti has been appointed Chief Financial Officer of ...
Aurora Cannabis Launches its Medical CBD Product in Uruguay
EDMONTON, AB - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), has launched Bidiol, the medical cannabis oil in Uruguay that is produced domestically. The CBD oil is available in 3% and 10% concentrations and comes ...
90% of CBD Brands Third-Party Test Their Products
TUSTIN, Calif. - While 84% of Americans are concerned about the CBD industry and its minimal level of regulatory oversight, most CBD products are third-party tested, according to an analysis conducted by industry watchdog CBD ...
Boston Hempire’s New Adult Candy Shop
BOSTON - Boston Hempire has rolled out a new online Candy Store. These candies contain cannabinoids like Delta 8 THC and Delta 10 THC, making this an adult only candy shop. The new Boston Hempire ...
Global Widget Debuting New Hemp Bombs Gummies Flavors
TAMPA, Fla. - Global Widget, the manufacturer and distributor of the CBD brand Hemp Bombs® and a contract manufacturer of CBD and health and wellness products, will launch new flavors of its Hemp Bombs gummies ...
The Cannabinoid Institute Offers Medical Cannabis Training Courses Free of Charge
NEW YORK - The Cannabinoid Institute (TCI) announced that it is offering its cannabis training certification courses free of charge to 100 medical students in the state of New York. Courses will be awarded to the ...
Adastra Holdings Enters Market with Creation of THC-Free 99% Pure CBD Isolate
LANGLEY, BC - Adastra Holdings Ltd. (formerly Phyto Extractions Inc.) (CSE: XTRX) (Frankfurt: D2EP), announced the creation of CBD Isolate. The composition of CBD isolate enables the development and commercialization of recreational, medical, and cosmetic ...
Los Angeles District Attorney Dismisses 60,000 Cannabis Convictions
LOS ANGELES — The Los Angeles District Attorney's office announced Monday that it will move to dismiss nearly 60,000 cannabis-related convictions about five years after California voters approved recreational cannabis. Officials identified about 58,000-60,000 non-violent-cannabis ...
KindTap Brings First-of-Its-Kind Credit Payments Solution to Massachusetts
BOSTON - KindTap Technologies, a digital credit and loyalty-enabled payments solution, announced the launch of its consumer credit product, starting initially in the Massachusetts cannabis market. KindTap's digital credit solution, a first-of-its-kind service for the ...
PBG BioPharma Inc. receives GMP Manufacturing Site Licence for NHPs
LEDUC, AB - PBG BioPharma Inc., (PBG), a Phytochemical Biopharmaceutical Group company, announced that it has received a manufacturing Site License issued by the Natural and Non-Prescription Health Products Directorate (NNHPD) of Health Canada for ...
Jamaican Cannabis Launching for German Medical Cannabis Patients
BERLIN - European cannabis company Cantourage and Australian-based operator Cannim are now deepening their partnership with the introduction of an innovative new Jamaican cannabis strain to Germany pharmacies. The launch of HummingBud follows just four ...
Bazelet Health and Sattviko to produce plant-based superfoods for the global marketplace
ORLANDO, Fla. - Bazelet Health Systems Inc., a wholly owned subsidiary of Neon Bloom, Inc. (OTC:NBCO) announced it recently signed an agreement with Sattviko, a packaged food manufacturer. This partnership will produce a line of ...
Study: No Rise in Youth Cannabis Use Following Legalization
LOS ANGELES–The passing of both recreational or adult-use and medical cannabis legalization laws have not led to any uptick in youth consumption of cannabis, according to data published in the Journal of the American Medical Association. Researchers ...
Goodness Growth Holdings Announced Sale & Leaseback with Innovative Industrial Properties
MINNEAPOLIS - Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. (NYSE: IIPR) in the ...
