Legal Affairs
Tariffs on Chinese Imports Impact U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry is experiencing significant effects due to increased tariffs on Chinese imports, particularly in the vaporizer sector. As of February 4, 2025, the United States imposed an additional 10% tariff ...
iAnthus Capital Holdings Reports Fiscal Year 2024 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc, a company engaged in regulated cannabis operations across the United States, has released its financial outcomes for the fourth quarter and full year ending December 31, 2024. Annual Financial ...
The Cannabist Company Expands ‘dreamt’ Brand to Massachusetts, New Jersey, and Virginia
LOS ANGELES- The Cannabist Company Holdings Inc. has announced the introduction of its sleep-focused cannabis brand, 'dreamt,' into the Massachusetts, New Jersey, and Virginia markets. This expansion aligns with Sleep Awareness Month, emphasizing the importance ...
Federally Funded Survey: Cannabis Use By Teens Hits Historic Low
WASHINGTON, D.C- (NORML) Federally funded survey data provided by the University of Michigan reports that teen marijuana use has declined significantly over the past decade and is now at historic lows. Consistent with data previously reported by the Centers ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
Tennessee Judge to Rule on Hemp Product Regulations by December 24
LOS ANGELES- A Davidson County Chancery Court judge is expected to decide by December 24, 2024, on a request to block new state regulations affecting hemp-derived products in Tennessee. The Tennessee Department of Agriculture (TDA) ...
What You Need to Know When Planning Cannabis Tax Strategies for 2025
NEW YORK--Every CFO needs to know that Section 280E of the Internal Revenue Code (IRC) presents a significant challenge for cannabis businesses operating in the United States. This provision, enacted in 1982, was originally designed ...
Tariffs on Chinese Imports Impact U.S. Cannabis Industry
LOS ANGELES- The U.S. cannabis industry is experiencing significant effects due to increased tariffs on Chinese imports, particularly in the vaporizer sector. As of February 4, 2025, the United States imposed an additional 10% tariff ...
iAnthus Capital Holdings Reports Fiscal Year 2024 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc, a company engaged in regulated cannabis operations across the United States, has released its financial outcomes for the fourth quarter and full year ending December 31, 2024. Annual Financial ...
The Cannabist Company Expands ‘dreamt’ Brand to Massachusetts, New Jersey, and Virginia
LOS ANGELES- The Cannabist Company Holdings Inc. has announced the introduction of its sleep-focused cannabis brand, 'dreamt,' into the Massachusetts, New Jersey, and Virginia markets. This expansion aligns with Sleep Awareness Month, emphasizing the importance ...
Hollister Biosciences Inc. Announces 30-Acre Arizona Brand Campus with planned 700,000 square feet of cultivation area and an existing 28,500-square-foot processing and manufacturing facility
VANCOUVER, BC-- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB), has completed a series of agreements designed to provide expanded revenue, capacity and margins, while offering a diversity of inputs for branded products. The ...
Akerna predicts Labor Day weekend expected to bring in over $240 million in national retail cannabis sales
DENVER-- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), predicts that the upcoming Labor Day ...
Pervasip Executes Definitive Agreements to Acquire Artizen Corporation
Seattle, Washington-- Pervasip Corp. (OTC PINK: PVSP), a developer of companies and technologies in high value emerging markets, announced today the execution of definitive agreements to acquire 100% of the stock of Artizen Corporation, the ...
Nabis More Than Doubles Southern California Distribution Capacity to Meet Growing Demand
OAKLAND, Calif., -- Nabis, California's licensed cannabis wholesale marketplace, today announced a 150% increase in its Southern California distribution capabilities to meet the industry's surging demand for compliant, rapid wholesale delivery service. In addition to ...
GrowGeneration Acquires Los Angeles County’s Commercial Grow Supply, Strengthens Foothold in Southern California
DENVER, -- GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, announced its acquisition of Commercial Grow Supply, a hydroponic superstore located in Santa Clarita, California. Founded in 2011 by Sevan Derohanian, Commercial ...
The Parent Company Expands Product Portfolio with Launch of ‘Well by Caliva’ Lotions and Tinctures
SAN JOSE, Calif.--TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), California's vertically-integrated cannabis company, announced the launch of a new line of wellness products, Well by Caliva. The line offers lotions and tinctures in three categories ...
Gage Growth Corp. Announces Second Quarter 2021 Results and Provides Business Update
DETROIT, -- Gage Growth Corp. (CSE: GAGE), a cannabis brand and operator in Michigan, today reported its financial results for the three months ended June 30, 2021. All currency references used in this press release ...
Indiva Reports Second Quarter Fiscal 2021 Results
LONDON, ON, -- Indiva Limited (TSXV: NDVA) (OTCQX: NDVAF), announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. All figures are reported in Canadian dollars ($), ...
HCN Investigates: Cannabis Funding in New York State Part 2 — The Key Players
NEW YORK–The New York cannabis industry may seem in its infancy, but medical cannabis has been legal in the Empire State since 2016. That’s plenty of time for the old money engines in New York ...
Schwazze Signs Agreement to Acquire Colorado Cultivation Grower Brow 2
DENVER–Schwazze, (OTCQX: SHWZ), has entered into an to agreement to acquire the assets of Brow 2, LLC, located in Denver, Colorado. The planned transaction includes a 37,000 square foot building (27,000 square feet of canopy) for indoor cultivation ...
Green Life Business Group Inc. Reports Second Quarter 2021 Results
SAN DIEGO– The year 2020 is known to be one of the most impactful years in recent history. As a worldwide pandemic took the world by storm, large scale Multi State Operators (MSO's) and Companies ...
NCIA Hosts the Midwest Cannabis Business Conference in Detroit, Michigan September 22-23
WASHINGTON -- The National Cannabis Industry Association, the trade association representing legal cannabis businesses, will hold its Midwest Cannabis Business Conference from September 22-23 at the TCF Center in downtown Detroit, Michigan. Former Detroit Lions and current cannabis activists and entrepreneurs Calvin ...
GrowGeneration Acquires Washington-Based Hoagtech Hydroponics
DENVER--GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced the acquisition of Hoagtech Hydroponics, a leading hydroponic equipment and indoor gardening store, serving the Bellingham, Washington area. This acquisition brings the ...
Khiron Reports Q2 Results, 47% QoQ Increase in Medical Cannabis Revenues Driven by Colombia and Germany
TORONTO-- Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, today announces its financial results for the quarter ended June 30, 2021. These filings ...
VPR Brands LP Announces Sales and Net Profits for the Second Quarter and Year to date 2021
Fort Lauderdale, Fla.-- VPR Brands LP (OTC: VPRB) a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters ...
The State of Nationwide Cannabis Legalization: How Close Are We?
We are in a watershed moment for the cannabis plant. 37 states have legalized possession in some form, be it medical or adult use. And while it remains illegal on the federal level, those days ...
Weedmaps Announces Multi-Year Partnership with Kevin Durant
IRVINE, Calif.–Weedmaps, a leading technology platform for cannabis consumers and businesses, announced today a multi-year agreement with Kevin Durant and Thirty Five Ventures as well as a sponsorship deal with Boardroom. As part of Weedmaps’ mission to ...
Russian Investor Andrey Blokh Acquires 723,000 Voting Shares of Curaleaf
MOSCOW–Mr. Andrey Blokh announced he acquired 722,577 subordinate voting shares of Curaleaf Holdings Inc. representing approximately 0.12% of the presently issued and outstanding Subordinate Voting Shares of the Company. The 722,577 Subordinate Voting Shares were ...
GALLUP: The Amount of Americans Who’ve Tried Cannabis Reaches New Highs
LOS ANGELES–In a new survey from Gallup nearly half of U.S. adults say they've tried Cannabis. This increase in ever-tried levels is evident as more states move to green-light legislation legalizing it in recent months. ...
MedMen Announces $100M Equity Investment Led by Serruya Private Equity
LOS ANGELES–MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that investors, led by Serruya Private Equity, are purchasing US$100 million of units of MedMen at a purchase price of ...
Ayurcann Holdings Corp. Announces Listing on the Frankfurt Stock Exchange
Toronto, Ontario-- Ayurcann Holdings Corp. (CSE: AYUR) a Canadian extraction company specializing in the processing of cannabis and hemp to produce oils and various derivative products, has announced that its common shares have been cross-listed for ...
VPR Brands LP Announces Second Quarter and Year to date Results 2021
Fort Lauderdale, Fla. -- VPR Brands LP (OTC: VPRB) a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters ...
PharmaCielo Announces Q2-2021 Financial Results and Appointment of Bill Petron as CEO
TORONTO and RIONEGRO, -- PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the second quarter ended June 30, 2021. The ...
TerrAscend Increases Ownership of New Jersey License Ahead of Adult-Use Rollout
NEW YORK and TORONTO-- TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has completed the acquisition of an additional 12.5% of the issued and outstanding equity of TerrAscend NJ, LLC ...
COOKIES and Terrascend Partner To Bring Top-Shelf Genetics To The Garden State
BOONTON, N.J.–International cannabis brand Cookies announced today licensing agreements with TerrAscend NJ LLC, a subsidiary of TerrAscend Corp. (CSE: TER, OTCQX: TRSSF), a leading North American cannabis operator. The parties entered into a multi-year deal under which ...
