Legal Affairs
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Cybin Secures Additional U.S. Patent for CYB003
LOS ANGELES- Cybin Inc. a biopharmaceutical company, announced the granting of U.S. patent 12,291,499 by the United States Patent and Trademark Office. This patent pertains to pharmaceutical compositions and oral dosage forms within the company's ...
Green Thumb Industries Reports Q1 2025 Financial Results
Green Thumb Industries Inc. a U.S.-based cannabis consumer packaged goods company and owner of RISE Dispensaries, announced its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue for Q1 2025 was ...
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Xebra Commenced Pre-trial Cannabis Cultivation in the Netherlands
VANCOUVER, BC - Xebra Brands Ltd. (XBRA: CSE) (9YC: FSE), a cannabis company, announced that it has commenced its pre-trial cultivation of cannabis in the Netherlands. As 1 of only 5 companies to be selected ...
Microdose Psychedelic Insights Launches First Wonderland Miami Psychedelic Conference
TORONTO–Microdose Psychedelic Insights are having their inaugural psychedelic medicine real-world event, Wonderland: Miami. Wonderland: Miami will bring together an impressive group of global psychedelic medicine leaders, including scientists and researchers, investors and entrepreneurs, therapists and ...
First-Of-Its-Kind Research Planned In Australia On How Psilocybin Treats Anxiety
SYDNEY–Australian researchers plan the world's first study into whether magic mushrooms can help treat general anxiety. They plan to recruit participants with general anxiety disorder sometime next year. Incannex Healthcare will work with Monash University ...
The Green Organic Dutchman Enters Into a Definitive Agreement To Grow Through A Strategic Acquisition
TORONTO - The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US-OTC: TGODF), a producer of certified organically grown cannabis, announced that it has entered into a share purchase agreement under which TGOD, will acquire all ...
Lipidor submits new patent application and expands collaboration with Cannassure
STOCKHOLM - Lipidor AB (publ) (Nasdaq First North Growth Market: LIPI) announced that the collaboration agreement with Cannassure Therapeutics has expanded to include a new patent family covering new innovative AKVANO® topical compositions. Lipidor submitted ...
California’s Cannabis Delivery Service Introduced Management Services for Cannabis License Holders
IRVINE, Calif. - Rooted Group, having made up nearly 25% of all cannabis delivery services in California, is now aimed at helping already existing cannabis operators with their administrative and logistical infrastructure. Effective immediately, Rooted ...
Kiaro Announced Closing of $3.75 Million Brokered Private Placement
VANCOUVER - Kiaro Holdings Corp. (TSXV: KO) a Canadian cannabis retailer and distributor, announced that further to its news release on September 30, 2021, that it has completed the previously announced private placement of 3,759 ...
Cannabis Dispensary Josephine & Billie’s Opens Its Doors As a First-of-Its-Kind Retail & Educational Experience for Women of Color in Los Angeles
LOS ANGELES - Cannabis brand and retail concept Josephine & Billie's announced the official opening of its inaugural Los Angeles location. The first of its kind in the United States and officially opening to the ...
HCN Investigates: 7 Reasons Why Cannabis Is Flourishing in Israel
TEL AVIV - Highly Capitalized investigates the rise of cannabis in Israel. Israel has been a center of research and development for cannabis since the 1960's. Although, like every other country including the USA, Israel ...
Sunstream Provides $100MM Acquisition Credit Facility to Jushi Holdings
LOS ANGELES– Jushi Holdings, a vertically integrated, multi-state cannabis operator, entered into definitive documentation in respect of a $100 million senior secured credit facility from a portfolio company of SunStream Bancorp, a joint venture sponsored by ...
Patrick Atagi Named President and CEO of NIHC
WASHINGTON - The National Industrial Hemp Council (NIHC) Board of Directors announced that Patrick Atagi has been named President and CEO of the hemp industry's only Washington, D.C.-based trade association. The NIHC continues to grow ...
Medically Correct Launches New Line of Nové Luxury Gummies in Colorado
DENVER - Medically Correct, the edible company in Colorado and the makers of incredibles, released four new gummy flavors as part of new luxury edibles brand, Nové. Nové Luxury Gummies were developed to be an ...
Charlotte’s Web Launches Pet Chew for Dogs with Sensitive Skin
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., the company in hemp extract products announced the newest addition to its pet product line: Charlotte's Web™ Skin Health & Allergy Support Chews for dogs ...
Wellfounded Botanicals and Scent Beauty launch CBD Fragrance
NEW YORK - Wellfounded Botanicals, an eco-friendly and woman-owned cannabis wellness brand launched a luxury CBD Eau de Parfum in partnership with Scent Beauty, Inc., a DTC-centric, omnichannel developer of a diversified portfolio of culturally ...
Dr. Hemp Launches E-Commerce Website
ONTARIO, Calif. - Dr. Hemp announced that they have launched their E-Commerce Website. Customers over the age of 21 can order CBD Pre-Rolls online and experience the difference. Dr. Hemp ensures customers get an enriching ...
Xebra’s Shares Now Listed on The Frankfurt Stock Exchange and Applications Submitted to Trade in The United States
VANCOUVER, BC - Xebra Brands Ltd. (CSE: XBRA) (FSE: 9YC), a cannabis company, announced it has commenced trading on the Frankfurt Stock Exchange under the trading symbol 9YC. The common shares of Xebra are now ...
Rise In Demand For Cannabis Is Expected To Continue Through 2027 Driving the Cultivation Industry
Palm Beach, Fl., - FinancialNewsMedia.com News Commentary - Recreational marijuana, medical marijuana and hemp cultivation has been steadily growing the last few years and is expected to continue for several years to come. The global ...
Luxembourg Becomes First Country in Europe to Legalize Adult-Use Cannabis
LUXEMBOURG CITY– The tiny country of Luxembourg is set to become the first European nation to legalize the growing and use of cannabis, the government announced in a statement on Friday. The new initiative allows for ...
CWCBExpo New York Conference: A Forum for Cannabis Businesses & Investors: November 4-6
NEW YORK– New York, and the tri-state area, is primed to become a business epicenter for the legalized cannabis and hemp industry, and the CWCBExpo (Cannabis World Congress & Business Exposition), November 4-6 at the ...
Balanced Health Botanicals™ Launches Synergy Collection
DENVER - Balanced Health Botanicals™ (BHB), a family of hemp-derived CBD brands including their flagship brand CBDistillery, announced the launch of their Synergy Collection, which consists of the brand's first ever CBD + Functional Mushroom ...
Curaleaf Announces Sale of Whole Flower in New York For Its Four Locations
WAKEFIELD, Mass. - Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , an international provider of consumer products in cannabis, announced that its initial batches of New York whole flower have cleared testing by third party ...
Michigan Chamber of Commerce Applauds House Committee Approval of Michigan Cannabis Safety Act
LANSING, Mich. - The Michigan Chamber of Commerce applauded the House Regulatory Reform Committee's approval of the Michigan Cannabis Safety Act, which would help improve safety and ensure fairness in Michigan's growing cannabis industry. The ...
Delta Agriculture affirms it has no participation in the Delta-8-THC market
DALLAS - Delta Agriculture, the nation's industrial producer and processor of hemp raw goods, released the following comment regarding the Texas Department of State Health Services' (DSHS) recent clarification regarding Delta-8-THC, a compound derived from ...
High Life Farms Launches Nuggies in California
CHESANING, Mich. - High Life Farms, a multi-state cannabis company with operations in Michigan and California, announced that its best-selling line of Nuggies chocolate-covered pretzel edibles is now available in California. The product expansion marks ...
US millennials under 30 have spent $4.4 billion on cannabis in 2021
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company analyzed the under 30 age range of cannabis consumers, a demographic that has consistently been ranked as the #2 purchasers of cannabis products ...
