Legal Affairs
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Section 280E Tax Law Challenges Cannabis Industry
LOS ANGELES- Section 280E of the Internal Revenue Code presents significant financial challenges for cannabis businesses by prohibiting the deduction of ordinary business expenses associated with the trafficking of Schedule I or II controlled substances, ...
Wisconsin Senate Minority Leader Proposes Medical Cannabis Legalization for 2025
LOS ANGELES- Senate Minority Leader Melissa Agard (D-Madison) has announced plans to introduce legislation to legalize medical cannabis in Wisconsin during the 2025 legislative session. This initiative builds upon previous efforts that have encountered resistance ...
Cannabis Business: A Month-by-Month Year in Review for 2024
LOS ANGELES- Wow...2024 flew by but left a lot of casualties as the emerging market of cannabis, continues its emergence in 2024. Here's what went down in case you were away from your desk: January ...
Brownie Mary: The Unlikely Heroine of Cannabis Advocacy
SAN FRANCISCO–In the quiet streets of San Francisco during the 1970s, an unassuming elderly woman with frizzy hair and a grandmotherly smile quietly built a legacy that would forever change the trajectory of cannabis legalization ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
MariMed Reports Second Quarter 2021 Earnings
NORWOOD, Mass.-- MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended June 30, 2021. Q2 2021 Financial Highlights Reported ...
Tikun olam-Cannbit continues to expand its footprint in the pharmaceutical arena
TEL AVIV, Israel -- Tikun-Olam Cannbit (TASE:TKUN) reported the first and exclusive partnership of its kind with Wavelength, an Israeli company that develops, manufactures, and exports active pharmaceutical ingredients (APIs) for the pharmaceutical industry, to over 280 pharmaceutical companies ...
RIV Capital Reports First Quarter Fiscal Year 2022 Financial Results
TORONTO, "Throughout the first quarter, we remained focused on identifying and evaluating opportunities in the US cannabis market," said Narbé Alexandrian, President and CEO, RIV Capital. "Last week's announcement of a US$150 million investment ...
Decibel Announces Second Quarter Results
CALGARY, AB - Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, announces its second quarter financial results for the three month period ending June 30, 2021. The Company ...
Study Explores How Psilocybin Works in The Brain to Dissolve Ego
LOS ANGELES–The psychedelic experience is not for everyone. Tripping with magic mushrooms or LSD is often describe as a dissolution of the self, otherwise known as ego-death, ego-loss, or ego-disintegration. The experience is life-changing for some ...
Groundbreaking Research Shows Fibromyalgia Patients Using CBD to Reduce Chronic Pain
LOS ANGLES-A growing body of research suggests that Cannabidiol (CBD) may help people with fibromyalgia. Fibromyalgia is a condition characterized by chronic pain. Studies suggest that CBD may help relieve pain and inflammation, so researchers are ...
A New Kind of Psychedelic Research: Psilocybin and Traumatic Brain Injury
LAS VEGAS–Heroic Hearts Project’s USA and UK branches have invited Imperial College to attend upcoming psychedelic healing retreats to conduct an observational study about the effects of psilocybin on veterans with a history of traumatic ...
Emack & Bolio’s & MariMed Create Cannabis-Infused Ice Cream
NORWOOD, Mass.,– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced a joint collaboration with the legendary Boston ice cream brand Emack & Bolio’s®. MariMed and the ice ...
The Parent Company Extends Retail Footprint Into the Central Valley with DELI by Caliva
SAN JOSE, Calif.,–TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, announced the opening of its latest DELI by Caliva location in Hanford today. The new store will service the Central Valley in ...
High Tide Closes Acquisition of Leading Online Retailer DankStop
CALGARY, AB,–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation involved in the manufacturing and distribution of consumption accessories, announce the Company has completed the acquisition of DS Distribution Inc., operating as ...
Goodness Growth Holdings Appoints Josh Rosen to Board of Directors
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that its Board of Directors has appointed Josh Rosen (main picture) to its Board of Directors, bringing ...
Goodness Growth Holdings Announces Second Quarter 2021 Financial Results
MINNEAPOLIS–Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today reported financial results for its second quarter ended June 30, 2021. "Our second quarter performance was in line ...
Neptune Reports First Quarter Results
LAVAL, QC, Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced its financial and operating results for the ...
GrowGeneration Reports Record Second Quarter 2021 Financial Results
DENVER, GrowGeneration Corp. (NASDAQ: GRWG), the chain of specialty hydroponic and organic garden centers with 58 locations across 12 states, today reported record second quarter 2021 revenues of $125.9 million, versus $43.5 million in the ...
Charlotte’s Web Holdings, Inc. Reports Q2-2021 Results
DENVER, (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum hemp extract wellness products, today reported financial results for the second quarter ended June 30, 2021. All amounts are ...
The Green Organic Dutchman Reports Second Quarter 2021 Results
TORONTO - The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF), a producer of certified organically grown cannabis, reports its unaudited interim financial results for the quarter ended June 30, 2021. These filings are ...
Canbud To Enter U.S. Analytical Testing Services Market Via LOI To Acquire Steep Hill Labs
TORONTO–Canbud Distribution Corp. (CSE: CBDX) (FSE: CD0) announced that, on August 7, 2021, it entered into a non-binding Letter of Intent with Steep Hill Inc. in respect of a proposed transaction, whereby the Corporation would ...
New Urbn Leaf Dispensary CEO Ed Schmults Bolsters Leadership Team
SAN DIEGO– Urbn Leaf, a cannabis retailer led by CEO Ed Schmults (main picture), announced a bolstered leadership team ''accelerating the underlying business, sharpening consumer experiences, and positioning the company for future growth.'' Schmults, a ...
The Valens Company & Verse Launch New Vape Carts and Infused Beverages
KELOWNA, BC–The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced the launch of three new products in partnership with Verse Cannabis, including two new vape cartridges and the brand's ...
Sundial Reports Second Quarter 2021 Financial and Operational Results
CALGARY, AB–Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the second quarter ended June 30, 2021. All financial information in this press release is reported in millions of Canadian dollars and ...
Psychedelics As Medicine: Right To Try Case Versus DEA
DENVER– In what could be a groundbreaking case for psychedelic medicine, Vicente Sederberg's, Shane Pennington, is working as part of a wider team on an exciting and very important United States Court of Appeals for ...
Chill Pill Nominated as Best Edible in Arizona
PHOENIX–Desert Medical Campus in Payson, Arizona, is proud to announce that its Chill Pill brand of cannabis gel caps has been nominated as one of the best edibles in Arizona. The brand was selected by Phoenix New Times, and voting is now ...
Nova Announces Second Quarter 2021 Results
EDMONTON, AB–Nova Cannabis Inc. (TSX: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2021. "During the second quarter we ...
Pelorus Equity Group Opens New York City Office, Announces New Hires, as Empire State Prepares for Adult-Use Cannabis Market
NEWPORT BEACH, Calif.,– Pelorus Equity Group, a leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced the opening of its New York office, which is ...
Weedmaps Adds In-App Cannabis Purchasing for iPhone Users
SAN FRANCISCO–Thanks to Apple's new pro-pot App Store guidance, Weedmaps users can now purchase cannabis within the popular app. This means Weedmaps users can browse, select and purchase cannabis and have it set for pick-up or ...
