Legal Affairs
GreenWave Advisors Urges Elected Officials to “Put American Cannabis First”
NEW YORK – In 1996, Medical Marijuana was legalized in California during the Clinton Administration. Since the “Colorado Experiment” in 2014, when the nation’s first recreational use market was implemented, the Federal Government has maintained ...
AYR Wellness Announces Management Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced that Chief Financial Officer Brad Asher has resigned, effective March 23, 2025. The company's board has appointed Donna Granato as Interim CFO, effective immediately. ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
How Cannabis Companies Can Raise Capital in a Challenging Environment
NEW YORK-The cannabis industry has seen impressive growth over the last decade, but the landscape has become more challenging as businesses face regulatory hurdles, tax burdens, and market saturation. Despite these obstacles, cannabis companies can ...
Canopy Growth Finalizes Acquisition of Acreage Holdings
LOS ANGELES- Canopy Growth Corporation, a Canadian cannabis company, has completed its acquisition of Acreage Holdings through its U.S. subsidiary, Canopy USA, LLC. This transaction grants Canopy USA full ownership of Acreage Holdings, a multi-state ...
Virginia Democrats Plan to Reintroduce Cannabis Sales Legislation Amid Governor’s Opposition
LOS ANGELES- In Virginia, Democratic legislators are preparing to reintroduce a bill to establish a regulated market for adult-use cannabis sales. This initiative follows Governor Glenn Youngkin's veto of similar legislation in March 2024, citing ...
Exploiting the 2018 Farm Bill Loophole: The Rise of Legal Hemp in the Non-Legal Cannabis Market
LOS ANGELES--The regulatory landscape for cannabis in the United States has changed significantly since the passage of the 2018 Farm Bill, which legalized the cultivation of hemp and its derivatives. This legislation inadvertently created a ...
GreenWave Advisors Urges Elected Officials to “Put American Cannabis First”
NEW YORK – In 1996, Medical Marijuana was legalized in California during the Clinton Administration. Since the “Colorado Experiment” in 2014, when the nation’s first recreational use market was implemented, the Federal Government has maintained ...
AYR Wellness Announces Management Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced that Chief Financial Officer Brad Asher has resigned, effective March 23, 2025. The company's board has appointed Donna Granato as Interim CFO, effective immediately. ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
Rosario Dawson Joins Board of Celebrity Backed Cannbis Drinks Brand Cann
LOS ANGELES–''Male, pale and stale'' is how the management in the cannabis industry have been described. Somewhat accurately. In fact there's only one black CEO of a major publicly listed company. That one CEO is ...
WEBINAR: New Jersey Releases Regulations Governing Adult-use Cannabis Market
TRENTON, N.J. — The New Jersey Cannabis Regulatory Commission on Thursday adopted initial rules and regulations that will govern the state’s forthcoming adult-use cannabis market. Attorneys and regulatory specialists from the New Jersey office of national cannabis ...
Panaxia and Neuraxpharm Expands Strategic Collaboration to Poland
The companies Panaxia and Neuraxpharm are reported to have signed an agreement for the distribution of advanced medical cannabis-based products in Poland. First sales are expected during H1 of 2022 TEL AVIV, Israel-- Panaxia Labs ...
Goodness Growth Holdings Opens Two Additional Green Goods Cannabis Dispensaries in New Mexico
MINNEAPOLIS-- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that it has officially opened two new Green Goods® cannabis dispensaries in the state of ...
Captiva Verde Cancels Proposed Acquisition of Binovi Technologies
Coquitlam, British Columbia--On Monday Captiva Verde announced they were no longer interested in pursuing the acquisition of Binovi Technologies Corp. Cautionary Note Regarding Forward Looking Information This release includes certain statements that may be deemed ...
The Valens Company’s Subsidiary Green Roads Enters Third-Party Distribution Agreement with Tele Marche Co., Ltd. for the Offering of Award-Winning CBD Products in Japan
KELOWNA, BC- - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that its subsidiary Green Roads has entered into a third-party distribution agreement with Tele Marche Co., Ltd. ...
FDA Rules Against CBD-Containing Supplements
WASHINGTON — The possibility of the Food and Drug Administration allowing cannabidiol (CBD) in foods, beverages and dietary supplements failed to move forward when the FDA rejected two new dietary ingredient (NDI) notifications for full-spectrum ...
ALT Cannabis Announce Agreement with Grow Group for Expansion into European Medical Cannabis Markets
LOS ANGELES–Pioneering liquid cannabis company ALT (Advanced Liquid Technology), announced it has entered into an agreement with Grow (Grow Group Plc) to market and distribute ALT’s proprietary, fast-acting, liquid medical cannabis products across Europe. ALT ...
Eaze To Acquire Multi-State Retail Leader Green Dragon, Creating Nation’s Largest MSO Delivery & Biggest California-Headquartered MSO
SAN FRANCISCO--Eaze, the nation’s largest cannabis delivery marketplace, and multi-state retail leader Green Dragon announced they have reached an agreement to provide service to customers and patients in California, Colorado, Michigan, and Florida. The combined ...
Christian Sederberg of Vicente Sederberg to Speak On U.S. Legalization at Cannabis Conference 2021
VS Founding Partner Christian Sederberg will join Steven Hawkins and Rezwan Khan for an insightful panel about federal cannabis legalization efforts at Cannabis Conference on August 25, 2021 at 1:30 p.m. Federal Cannabis Legalization In The United States: What ...
Item 9 Labs Corp. Reports Record Third Quarter FY 2021 Financial Results
PHOENIX -- Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products, today reported operating and financial results for the three months ended June 30, 2021, ...
Cann Launches Cannabis-Infused, Caffeinated Social Tonic
LOS ANGELES-- Cann, today announced Passion Peach Mate, a caffeinated cannabis beverage designed in collaboration with musician and Cann investor Tove Lo, Sweet Flower and Airfield Supply Co. Inspired by the popularity of vodka ...
Clearmind Medicine Commences Trading on the Frankfurt Stock Exchange
Toronto, Ontario-- Clearmind Medicine Inc. (CSE: CMND), a psychedelic medicine biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and undertreated health problems, is pleased to announce the listing ...
Canadian Cannabis Firm Tilray Acquires Majority of MedMen Debt
NEW YORK & LOS ANGELES–Tilray, Inc. (Nasdaq l TSX: TLRY), Tilray and MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), today announced that Tilray has acquired the majority of the outstanding senior secured convertible notes of ...
The Parent Company Appoints Troy Datcher to Serve as New Chief Executive Officer
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, today announced that it has appointed Troy Datcher to serve as the Company's new Chief Executive Officer, effective Sept 8th. Datcher's historic ...
Nation’s Largest Event for Black Cannabis Professionals Returns, Kicks Off in New Orleans from November 18-20
NEW ORLEANS–Black CannaBusiness Magazine, the premier publisher of B2B content for African Americans doing business in the cannabis industry, is pleased to announce the second annual Black CannaConference & Expo (“Black CannaCon”), the only B2B ...
Nearly Half of U.S. Adults Have Tried Cannabis
WASHINGTON, D.C. -- The percentage of U.S. adults who say they have tried cannabis has ticked up to 49%, the highest Gallup has measured to date. More than 50 years ago, just 4% said they ...
Village Farms Enters U.S. CBD Market with $75 Million Acquisition
VANCOUVER, BC–Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals ("Balanced Health") in a transaction valued at US$75 million, effective today. Balanced Health owns ...
Ex-Army Captain Inspires Service Members to Pursue Entrepreneurship After the Military
WEST PALM BEACH, Fla.,–The United States military can only hold on to its' service members for so long before they go in their own directions. Even the most esteemed General Officers need to find a life ...
The Parent Company Reports Second Quarter 2021 Financial Results
SAN JOSE, Calif., -- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today reported financial results for the second quarter ending June 30, 2021. All amounts are expressed in U.S. dollars. Q2 2021 Financial Highlights Net ...
4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update
PHOENIX, Ariz., -- 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2021. All financial information ...
Schwazze Announces Second Quarter Results
DENVER, Schwazze, (OTCQX: SHWZ), announced financial results for its second quarter year ended June 30, 2021. Financial Summary for Q2 2021: Revenues of $30.7 million grew 467% over Q2 2020 and 58.9% over Q1 2021 Gross Margin ...
Glass House Brands Reports Second Quarter 2021 Financial Results
LONG BEACH, Calif. and TORONTO -- Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U), avertically integrated cannabis and hemp company in the U.S. today reported financial results for its second quarter ending June 30, 2021. ...
Radiant Canna Raises $6M, Targets Multi-State Expansion
SANTA ROSA, Calif.-- Radiant Canna, a provider of cannabis manufacturing, distribution and tech solutions to independent brands, announced today that it closed a $6M Seed Round investment. CEO and Co-Founder Aaron Selverston said in making ...
Ayr Wellness Enters the Cannabis-Infused Beverage Market with Proposed Acquisition of Levia
NEW YORK -- Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF), a vertically integrated cannabis multi-state operator, has announced that it has entered into a binding letter of intent to acquire Cultivauna, LLC, the owner of ...
