Legal Affairs
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
California’s Cannabis Excise Tax Increase Sparks Industry Concerns
LOS ANGELES- Effective July 1, 2025, California's cannabis excise tax will rise from 15% to 19%, as mandated by Assembly Bill 195 signed in 2022. This adjustment, announced by the California Department of Tax and ...
Calgary Authorizes Cannabis Sales at Adults-Only Events
LOS ANGELES- Calgary City Council has approved amendments to the Business Licence Bylaw, permitting licensed cannabis retailers to operate temporary sales at adults-only events, such as festivals and outdoor shows. This decision aligns the city's ...
Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement
LOS ANGELES- Christina Lake Cannabis Corp. has completed the first tranche of its non-brokered private placement, issuing 22,778,211 units at a price of CAD $0.05 per unit, totaling approximately CAD $1.14 million. Each unit comprises ...
The Role of Government Relations in Cannabis Industry Success
NEW YORK — In highly regulated industries, success depends not only on how well a business operates, but also on how well it fits within the rules set by government. This is especially true in ...
Germany Breaks Ground with EU’s First Psilocybin Compassionate Use Approval
BERLIN – Germany has become the first European Union nation to authorize the compassionate use of psilocybin, the psychoactive compound in magic mushrooms, for patients with treatment-resistant depression (TRD). Under this program, approved by the ...
Golden Gate Park Celebrates Grateful Dead’s Timeless Legacy at 60th Anniversary Show
SAN FRANCISCO – This weekend, August 1-3, Dead & Company will take the stage at Golden Gate Park’s Polo Fields for a monumental three-night concert series commemorating the Grateful Dead’s 60th anniversary. The event, expected ...
Analysis: The Quiet Revolution in U.S. Cannabis: Efficiency Is the New Growth Engine
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Ayurcann Holdings Corp. Rolls Out Medical Cannabis Strategy
PICKERING, ON - Ayurcann Holdings Corp. (CSE: AYUR) (FSE: 3ZQ0) a Canadian cannabis extraction company focus in the processing of cannabis and hemp for the production of oils and various derivative products, announced that it ...
AceCann Closes $15M in Seed Financing to Produce Organic Flower and Extracts for Europe
LISBON, PORTUGAL - European medical cannabis company AceCann announced the closing of a $15M (USD) round of Seed financing. The funding round was led by venture firm Casa Verde with participation from Portuguese venture capital ...
Treez Enters Colorado Cannabis Market with the Go-Live Implementation of its Cloud Retail Commerce Platform
SAN FRANCISCO - Treez (www.treez.io), a private company and provider of an enterprise cloud platform that streamlines end-to-end commerce in the cannabis market, announced entry into the state of Colorado with the completed implementation of ...
Harborside Announced Planned Commercial-Scale Renewable Energy Microgrid Project
OAKLAND, Calif. - Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, cannabis enterprise, announced plans to install an onsite renewable energy microgrid that is expected to include 4.9 MW of solar panels and 6 MWh ...
Cannabis Brand House TREC Brands to Acquire Licensed Producer Agripharm Corp.
TORONTO - Socially-conscious cannabis brand house TREC Brands announced it has entered into a definitive agreement to acquire Agripharm Corp., a licensed producer of consumer cannabis products with existing provincial supply agreements covering 75% of ...
Sana Botanicals, LLC Announced the Launch of FORCE™ 3000mg Full-Spectrum 30ml CBD Tincture at $29.99
JOELTON, Tenn. - Sana Botanicals, LLC's founding member and product marketing specialist, Will Daugherty, announced that Sana Botanicals is releasing their most powerful, full-spectrum CBD tincture at $29.99 retail pricing. After five years of making ...
Maine’s Cannabis Industry Reports $59 million In First Year Of Sales
AUGUSTA– The Maine Office of Marijuana Policy published sales data from the first full year since adult-use sales began. Maine's adult-use cannabis industry reported more than $58 million in sales in its first year of ...
Governor Newsom Vetoes Cannabis Billboard Advertising
SACRAMENTO– A bill attempting to permit advertising cannabis on billboards in California, was vetoed by Gov. Gavin Newsom last Friday. The bill would have allowed cannabis products to be advertised on freeway billboards in most ...
Cannabis Test Kits Start Sale To Parents in Advance of Halloween
SAN DIEGO - A company called Verifique announced they have Halloween cannabis Test Kits. Their service went live the week of October 5, and their kits are aimed at parents across North America in preparation ...
Cannabis Capital Markets Roundup Week Ending October 8th, 2021
NEW YORK- Welcome to the week that was on Highly Capitalzied. Here's a round up of latest financial news moving the cannabis stock markets. Week ending October 8th, 2021. 1) Tilray Inc (NASDAQ:TLRY) Tilray's Q.1 revenue ...
On November 2nd, Detroiters Can Vote Yes on Proposal E To Decriminalize Plant Based Medicine
DETROIT - According to Michigan law, cannabis, psilocybin and other plant based medicines are currently listed as schedule 1 controlled substances. That means you can be arrested and face massive fines and extensive jail time ...
Sunniva Announces Change of Auditor
VANCOUVER, BC - Sunniva Inc. (CSE: SNN) (OTC Pink Sheets: SNNVF) announced that the board of directors of the Company has appointed GreenGrowth, Chartered Professional Accountants, as the Company's new auditor, replacing MNP LLP, Chartered ...
California’s Assembly Bill 45 Formally Permits CBD Sales, Elixinol Upgrades E-commerce Capabilities
SYDNEY - Elixinol Wellness Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to communicate that Assembly Bill 45 (AB45) was signed into law by Californian Governor, Mr Gavin Newsom on 6 October 2021, establishing ...
Adastra Announces Supply & Purchase Agreement with Sitka Weed Works
LANGLEY, BC - Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) announced it has signed a definitive agreement with Sitka Weed Works Inc. regarding the supply of cannabis grown by Sitka. Sitka is a cultivator and ...
AskGrowers Celebrates Hispanic Heritage Month in the Cannabis Industry
NEW YORK - AskGrowers, a website that educates consumers and provides an in-depth introduction to cannabis for newcomers and experienced connoisseurs alike, has interviewed Hispanic leaders in the cannabis industry in honor of Hispanic Heritage ...
Kill Cliff Launches ”The Grapest” CBD Drink With Mishka
LOS ANGELES - Kill Cliff is launching The G.O.A.T., the Grapest of all-time, in an exclusive collaboration with one of the artist consortiums in the world, Mishka. For Kill Cliff, this latest CBD drink is ...
4Front Ventures Announces Acquisition of Massachusetts Based New England Cannabis Corporation
PHOENIX, Ariz - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a multi-state cannabis operator and retailer, announced that it has signed definitive agreements on October 6, 2021, to acquire New England Cannabis Corporation, a ...
GrowGeneration Signs Distribution Agreement with Groundwork BioAg
DENVER, Colo. and MAZOR, Israel - GrowGeneration Corp. (NASDAQ: GRWG) a company with specialty in hydroponic and organic garden centers, and Groundwork BioAg, a bio-agriculture company, announced that they have entered into a distribution agreement ...
MediaJel Partners with Smart AdServer
WALNUT CREEK, Calif. - MediaJel, the digital marketing and programmatic software platform for regulated brands, announced an exclusive partnership with Smart AdServer, an independent ad monetization platform. With a shared vision to level-set the adtech ...
Healist Advanced Naturals Releases Limited-Edition Product in Honor of World Mental Health Day
NEWPORT BEACH - Healist Advanced Naturals, wellness brand under the parent company Kadenwood, announced the launch of a limited-edition CBD product line in support of World Mental Health Day on October 10, 2021. The launch ...
Charlotte’s Web Begins Retail Expansion in California
DENVER - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc, is expanding its retail distribution in California following passage of Assembly Bill 45 on October 6. The Law formally permits retail sale of products containing ...
Trulieve Expands Access to Medical Cannabis with Reopening of Dispensary in North Port, Florida
TALLAHASSEE–(CSE: TRUL) (OTCQX: TCNNF), the largest multi-state operator (MSO) in the United States, today announced the reopening of a dispensary in North Port, Florida. The Sarasota-area dispensary is Trulieve's 92nd location in Florida and was formerly branded as ...
High Tide Enters U.K. Market Through Acquisition of Blessed CBD
CALGARY–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company manufacturing consumption accessories, is pleased to announce that it is taking another step towards solidifying itself as a major player within the ...
Khiron Presents its First Pain Research Study With 1,400 Patients
TORONTO–Khiron Life Sciences Corp. (TSXV: KHRN)(OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated international cannabis operator with core operations in Latin America and Europe, is pleased to announce that the Company presented results from its first research ...
NUGS Unveils New LA Dispensary Brand And Cultivation Expansion
LOS ANGELES– Cannabis Strategic Ventures (OTC:NUGS), an emerging U.S. cannabis company, announced it will deploy its newly acquired licenses, including the upcoming grand opening of the Company’s customer-facing cannabis dispensary brand, “MDRN Tree,” which will ...
