Legal Affairs
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Analysis: Movers and Shakers: Cannabis Quarterly Earnings
NEW YORK - Cannabis companies are reporting earnings from Q4 2024 and full year results. Here are just some of the results from the companies we are covering at HCN, in both cannabis and psychedelics: ...
Verano Holdings Reports 2024 Financial Results and Outlines 2025
LOS ANGELES- Verano Holdings Corp., a multi-state cannabis operator, has released its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a decrease in revenue and an increase in net ...
Trulieve Reports Strong Fourth Quarter Performance
LOS ANGELES- Trulieve Cannabis Corp., a multi-state cannabis operator, has announced its financial results for the fourth quarter and full year ending December 31, 2024, showcasing notable growth and operational efficiency. Financial Highlights Revenue: The ...
Solvonis Therapeutics to Acquire Awakn Life Sciences in Strategic Biotech Merger
LOS ANGELES- Solvonis Therapeutics PLC, a UK-based biotechnology firm specializing in treatments for mental health and substance use disorders, has entered into an agreement to acquire Awakn Life Sciences Corp., a Toronto-based company developing therapeutics ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
DEEP DIVE: USA & Global Hemp Market Updates: September 2021
LOS ANGELES - This is a round up of the latest news developments in the business of Hemp. Hemp is one of the fastest growing industries in the world, and this update covers North America ...
California Department of Cannabis Control Files Emergency Rules
LOS ANGELES–On September 8, 2021, California’s Department of Cannabis Control (DCC) gave notice of new emergency rules intended to eliminate duplicative language, clear up areas of industry confusion, and make consistent licensing and enforcement requirements ...
GrowGeneration Announces Opening of the Largest Hydroponic Garden Centers in Los Angeles County
DENVER, -- GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced the opening of two new hydroponic garden centers to serve the largest hydroponic market in the country, ...
Halo Collective’s Bophelo Bioscience & Wellness Signs Distribution Agreement with Cantourage GmbH for Europe
TORONTO, -- Halo Collective Inc. ("Halo") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced that its wholly-owned subsidiary, Bophelo Bioscience & Wellness (Pty) Ltd. , has signed a processing and distribution agreement with Cantourage GmbH, one ...
Portland Based CBD Company, Better Conditions, Launches USDA Certified Organic CBD Oils
LAKE OSWEGO, Ore. -- Better Conditions is an up and coming Portland-based CBD company with one mission - to help people feel better inside and out. In 2020, Better Conditions set out to create a premium quality ...
Canary RX Receives its Health Canada Sales License
NORFOLK COUNTY, ON -- Target Group Inc. (OTCQB: CBDY) reported that its wholly owned subsidiary, Canary Rx Inc. has received its Health Canada sales license. Under its Sales License, Canary RX announced that is now authorized to manufacture ...
Glass House Brands Completes 5.5M Sq. Ft. SoCal Greenhouse Acquisition
LONG BEACH, Calif. and TORONTO - Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis and hemp companies in the U.S., today announced that its ...
Village Farms International Unveils New Corporate Branding
VANCOUVER, BC, - Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today unveiled new corporate branding and launched its new corporate website at www.villagefarms.com. Village Farms' new corporate branding embodies the Company's evolution over the ...
High Tide Continues Growth with New Manitoba Retail Cannabis Store
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its META Cannabis retail store located at ...
Seed & Smith Announces 1 Gram Dart Collaboration with Big Gigantic
DENVER - Seed & Smith, Colorado's cultivator, concentrate manufacturer and dispensary dedicated to producing quality cannabis, today announced a collaboration with Boulder-based instrumental electronic, jam band, hip hop, and jazz musical duo Big Gigantic. Per ...
SKYMINT To Become First-Ever Cannabis Sponsor Of ArtPrize
GRAND RAPIDS, Mich., - SKYMINT, is now the first cannabis company to sponsor ArtPrize, Michigan's internationally renowned art competition and festival that takes place over the course of 18 days (Sept 16 - Oct 3) ...
Beacon Hill Brands Brings Innovative Cannabis Beverage Kalvara to Canadian Market
TORONTO - Beacon Hill Brands Inc., a privately owned Canadian company focused on developing, marketing and distributing functional, nutraceutical and medicinal beverages, is bringing the popular Kalvara brand of Infusion Technology-powered, conveniently-sized cannabis beverages to ...
SōRSE Technology Debuts Brewery Product Line at Craft Brewers Conference
SEATTLE - SōRSE Technology debuted its hop-derived brewery product line at the Craft Brewers Conference in Denver, the largest craft brewing industry gathering in the United States. Also showcased was SōRSE and Yakima Chief Hemp's ...
Abrigo Partners with Green Check Verified for End-to-End Support for Cannabis Banking
AUSTIN, Texas - Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, today announced its partnership with Green Check Verified (GCV), the top provider of cannabis banking solutions for financial institutions. ...
Ayurcann Holdings Corp. has Entered Saskatchewan With National Cannabis Distribution and Begins Investor Relations Initiatives
PICKERING, ON - Ayurcann Holdings Corp. (CSE: AYUR) (FSE: 3ZQ0) a Canadian cannabis extraction company specializing in the processing of cannabis and hemp for the production of oils and various derivative products, is pleased to ...
GPS Acquires GCNC in a Deal to Advance the Global Cannabis Industry
DENVER - The global consortium Gateway Proven Strategies (GPS.Global) announced the acquisition of the Global Cannabis Network Collective (GCNC), an elite network for cannabis executives building and transforming the international cannabis trade. The agreement brings ...
High Tide Reveals Design Concept for Cannabis Chop Club Retail Value Brand
CALGARY, AB - High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that it recently finalized and subsequently revealed the ...
ALM Announces New Cannabis Certification for Insurers
NEW YORK - The National Underwriter Company, an ALM business, is launching one of the first certifications for insurance agents and brokers, risk managers and other professionals who advise cannabis-related businesses: Cannabis Insurance Coverage Specialist ...
Harvest Opens Twelfth Florida Dispensary in Jacksonville
PHOENIX - Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a cannabis company and multi-state operator in the U.S., today announced the opening of a new medical dispensary in Jacksonville, Florida. Harvest of South ...
Weedmaps Acquires Leading Cannabis CRM & Marketing Platform Sprout
IRVINE, Calif.–WM Technology, Inc. (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, announced today that it has acquired Sprout, a leading, cloud-based CRM & marketing platform for the cannabis industry. ...
National Cannabis Law Firm Vicente Sederberg Launches Environmental, Health, and Safety Practice
DENVER — Vicente Sederberg LLP (VS), a leading national cannabis law firm, announced Wednesday it has formed an environmental, health, and safety (EHS) practice led by environmental attorneys with extensive public and private sector experience in the ...
Introducing whisl, a CBD Vape Designed to Manage Mood
SMITHS FALLS, ON and NEW YORK- Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) , a cannabis, hemp, and vaporization company, announced the launch of the company's first-ever CBD vape, whisl. This sleek, nicotine-free CBD vaporizer ...
Materia Receives Commercial Production Licence for Malta Facility
LONDON - Materia today announces that its wholly-owned subsidiary Materia Malta Operating Ltd. has received its Licence for the Production of Cannabis for Medicinal and Research Purposes from the Malta Medicines Authority. The receipt of ...
Akerna to Acquire 365 Cannabis, Built on Microsoft’s Dynamics 365 Business Central
DENVER - Akerna (Nasdaq: KERN), an enterprise software, technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), announced it has signed an agreement to acquire 365 ...
Packaging Nature with Nature
JACKSON, N.J. - Innovation usually has a backstory. It is no different for the new ATID proprietary packaging line aimed at the Cannabis Industry. Years of research and development has allowed us to come out ...
