Legal Affairs
Trump’s CBD Endorsement for Medicare Sparks Rally in Cannabis Equities
LOS ANGELES – Shares in Cannabis companies climbed more than 20% on Monday, propelled by President Donald Trump's weekend social media post backing the inclusion of cannabidiol in Medicare coverage for older Americans. The AdvisorShares ...
Michigan House Approves 24% Tax on Wholesale Cannabis Sales for Road Repairs
LANSING – In a swift move to head off a potential state government shutdown, the Michigan House of Representatives passed legislation imposing a 24% excise tax on wholesale Cannabis transactions, directing the proceeds toward long-overdue ...
Starmer Rules Out Cannabis Legalization in UK
LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
Vireo Growth and Curio Wellness Forge Partnership to Enter New York Market
LOS ANGELES- Vireo Growth Inc. and Curio Wellness have announced a manufacturing-and-distribution agreement aimed at introducing Curio’s Best Self Collection into New York’s licensed cannabis market. Vireo will leverage its existing infrastructure to produce and ...
Trump’s CBD Endorsement for Medicare Sparks Rally in Cannabis Equities
LOS ANGELES – Shares in Cannabis companies climbed more than 20% on Monday, propelled by President Donald Trump's weekend social media post backing the inclusion of cannabidiol in Medicare coverage for older Americans. The AdvisorShares ...
Michigan House Approves 24% Tax on Wholesale Cannabis Sales for Road Repairs
LANSING – In a swift move to head off a potential state government shutdown, the Michigan House of Representatives passed legislation imposing a 24% excise tax on wholesale Cannabis transactions, directing the proceeds toward long-overdue ...
Starmer Rules Out Cannabis Legalization in UK
LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...
Report: Black Friday Cannabis Spending increased 20%, while Overall Retail decreased 28.3%
DENVER - Business intelligence from Akerna (Nasdaq: KERN), an enterprise software company and the developer of comprehensive technology infrastructure, ecosystem, and compliance engine for the global cannabis industry, shows that Green Wednesday (11/24) and Black ...
United States’s First Commercial Testing Cannabis Lab, Steep Hill, Announces Expansion into Illinois
BERKELEY, Calif. - Steep Hill, the United States' commercial cannabis testing lab, expands with a new licensee partner into the state of Illinois. In 2019, Illinois became the 11th state to legalize an adult use ...
Chemistree to Invest up to $200,000 in Pure-Play Renewable Energy
VANCOUVER, BC - Chemistree Technology Inc. (CSE: CHM) (CSE: CHM.wt) (US OTCQB: CHMJF), announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. ...
Plant-based Hemp + Oat Gelato Debuts Coast to Coast
CLEVELAND - After launching into much-loved Cleveland grocer Heinen's in 2019, Wonderlab's Doozy Pots has announced a major expansion. Their dairy-free oat and hemp gelatos are now available for the first time nationwide in 371 ...
Global CBD Market Retail Sales Jump Along With Rising Consumer Acceptance
PALM BEACH, Fla. - Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance ...
Advanced Container Technologies Now Offers Products at The Supply Joint in Los Angeles
CORONA, Calif. - Advanced Container Technologies, Inc (Ticker: ACTX), announced that a selection of its products are now available at The Supply Joint in Los Angeles. The Supply Joint will sell a variety of Advanced ...
Supervised Drug Injection Sites to Open in NYC in Hopes of Preventing Overdoses
NEW YORK– Mayor Bill de Blasio announced Tuesday that overdose prevention center (OPC) services, aimed at reducing overdose deaths will open in New York City. OPCs are secure facilities where people who use drugs can ...
Cybin Announces FDA Approvals for Clinical Trial to Treat Frontline COVID-Related Distress
TORONTO–Cybin Inc. (NEO:CYBN) (NYSE:CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics”, today announced that the U.S. Food and Drug Administration has authorized an investigator-initiated randomized, placebo-controlled Phase 2 clinical trial evaluating psychedelic-assisted psychotherapy ...
Red White & Bloom Provides Q3 2021 Financial Results: Revenue Increased $6 Million Over Q3 2020
TORONTO– Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF), a multi-state cannabis operator and house of premium brands, announces 2021 third quarter financial results highlighted by a 93% increase in third quarter year ...
Dalwhinnie Farms Names New Chief Executive Officer
Ridgway, CO–Dalwhinnie Enterprises, LLC, the Ridgway, Colorado based cannabis purveyor, names Brandon Barksdale as Chief Executive Officer. The Dalwhinnie family of companies includes the Dalwhinnie Farms vertically integrated luxury cannabis brand, Shift Cannabis, Ridgway Hemp Company, ...
Bespoke Financial Raises $125 Million to Expand Lending Capacity, Fund the Growth of the Cannabis Industry
LOS ANGELES– Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced today the closing of a $125 million credit facility. This infusion of capital from institutional investment funds is a strong show of confidence ...
Curaleaf And Fab 5 Freddy’s B NOBLE To Launch In Cannabis Dispensaries In New York
NEW YORK–B NOBLE Inc. and Curaleaf, a provider of consumer products in cannabis, today announced the expansion of its B NOBLE partnership into medical dispensary locations in New York. This expansion is one of the ...
BlosumCBD Launches New Auto-ship Program with 25% Discount and Other Perks
NEWPORT BEACH, Calif. - BlosumCBD and its CBD products provide everything a customer could want. In their online store, blosumcbd.com, you can choose between THC-free and full-spectrum formulations as well as other cannabidiol products to ...
Cannara Biotech Inc. upsizes CIBC Credit Facility to $22 Million
MONTREAL - Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), an integrated producer of premium-grade cannabis and derivative products with two cultivation facilities based in Québec spanning over 1,650,000 sq. ft., announced the refinancing ...
C3 Industries Opens 15,000 Sq. Ft. Manufacturing Facility in St. Louis, Missouri
ANN ARBOR, Mich. - C3 Industries , a multi-state cannabis company with headquarters in Ann Arbor, MI, has announced the launch of its new 15,000 square foot manufacturing facility in St. Louis, Missouri, which is ...
Scientific Solutions Teams Up With Whistler Technologies To Offer Solventless Processing Solutions
SAN DIEGO - Scientific Solutions Inc, a San Diego-based company focused on equipment sales and training for all-in-one extraction solutions in the Hemp and Cannabis space, is to work closely with our supplier Whistler Technologies, ...
Conor Green Donates to the National Indigenous Women’s Resource Center
CHICAGO - Conor Green Consulting LLC announced a corporate donation to the National Indigenous Women's Resource Center (NIWRC) in support of their efforts to end violence against Native Women, as well as raising awareness and ...
Halo Collective Confirms Stock Symbol Reverts Back to HCANF
TORONTO - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) announced that the Company's stock symbol has reverted back to "HCANF" following the temporary 20-day post-consolidation trading period associated with the previously announced share ...
The Parent Company Announces Tiffany McBride as Managing Director of Social Equity Ventures and Kerry Arnold as Chief People Officer
SAN JOSE, Calif. - TPCO Holding Corp., a California cannabis company, announced its appointments of Tiffany McBride as Managing Director of Social Equity Ventures and Kerry Arnold as Chief People Officer. The two positions further ...
Harborside Announce Merger with Urbn Leaf and Loudpack Creating A Major New Cannabis Company
OAKLAND–Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced it has entered into definitive agreements to acquire UL Holdings Inc., a top California cannabis retailer with a dominant position in Southern California, and LPF JV Corporation, ...
Cannabis Market Research Company Headset Completes $8.6M of Financing
SEATTLE–Headset, the provider of data and analytics to the cannabis industry, announced today that it has raised $3M of new capital led by Althea, a private equity investment firm. Other participating investors are Poseidon Investment Management, ...
Humble & Fume Inc. Appoints New Chairman of the Board: Jakob Ripshtein, CEO of Perennial Brands Inc
TORONTO - Humble & Fume Inc. (CSE: HMBL), a North American distributor of cannabis and cannabis accessories, announced the appointment of Jakob Ripshtein as Chairman of the Board (the "Board") effective today. Mr. Ripshtein succeeds ...
Fab 5 Freddy and Curaleaf Expand B NOBLE Cannabis Brand to New York Medical Market
NEW YORK - B NOBLE Inc. and Curaleaf, an international provider of consumer products in cannabis, announced the expansion of its B NOBLE Cannabis Brand partnership into medical dispensary locations in New York. This expansion ...
CannabCo Reveals 41% Odourless Cannabis™ Dry Flower Strain
BRAMPTON, ON - CannabCo Pharmaceutical Corp. (CannabCo), a Canadian company located in Brampton, Ontario,announced a milestone achievement with the testing of one of the industry's most potent cannabis strains at 41% total quantifiable cannabinoid content. ...
UAE Softens Drug Laws For Travelers With THC-based products
DUBAI— The United Arab Emirates has relaxed penalties for travelers who arrive in the country with THC-based products, the main intoxicant in cannabis. Famous for their harsh drug laws, the new law announced Sunday, says ...
