Legal Affairs
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Japan Enacts Stricter Cannabis Laws with Severe Penalties
LOS ANGELES- Japan has recently implemented stringent measures against cannabis use, introducing penalties of up to seven years in prison for consumption. Previously, while possession and cultivation were illegal, personal use was not explicitly prohibited. ...
Psychedelics Show Promise in Alleviating End-of-Life Psychological Distress
LOS ANGELES- Recent studies indicate that psychedelics, particularly psilocybin, may help reduce depression, anxiety, and existential distress in patients with terminal illnesses. A systematic review published in Psychopharmacology analyzed data from various studies and found ...
Medical Cannabis Set to Launch in Ukraine in Early 2025
KYIV- After Ukraine legalized cannabis for medical use earlier this year, a key lawmaker announced that the first cannabis-based medicines could be available as early as next month. Olga Stefanishyna, a member of Ukraine’s parliament ...
NEW: Comprehensive List of Cannabis Events in 2025
LOS ANGELES - The cannabis industry is alive with opportunity and collaboration in 2025. These events serve as critical platforms for education, networking, and driving business success. Whether you're a veteran in the industry or ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
iAnthus Reports Second Quarter 2021 Financial Results and Provides Update on Status of Recapitalization Transaction
NEW YORK and TORONTO, - iAnthus Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three and six ...
Willow Biosciences Reports Second Quarter 2021 Results
VANCOUVER, BC, - Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) has released its financial and operating results for the three and six months ended June 30, 2021, reporting advancement in its operations and strong liquidity. "We continued to make substantial ...
Custom Cones USA Launches its White Paper On The Pre-roll Industry
KENT, Wash., -- To understand the current state of the pre-roll industry, Custom Cones USA surveyed more than 130 pre-roll companies and partnered with cannabis data firm, Headset, to gather data from dispensaries and pre-roll brands. Some key insights: ...
Trulieve Introduces New Brand Portfolio for Adult-Use and Medical Markets
TALLAHASSEE, Fla., - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced the launch of a comprehensive brand portfolio that includes four distinct brands designed to meet ...
NUGL Inc. Enters Into Strategic Joint Venture With Jamaican Medical Cannabis Company
Los Angeles, California--NUGL Inc. (OTC Pink: NUGL) , a search directory and multimedia platform for the cannabis industry, announced its joint venture agreement with Kaya Group, Jamaica's leading, vertically-integrated group of medical cannabis companies, to ...
Curaleaf Announce Second Quarter 2021 Financial Results
WAKEFIELD–Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a provider of consumer products in cannabis, today reported its financial and operating results for the second quarter ended June 30, 2021. All financial information is provided in U.S. ...
Pet Releaf Hires Christopher Brooks, DVM As Vice President Of Pet Releaf Professional Sales
DENVER–Pet Releaf, a CBD hemp health brand for pets, announced that Christopher Brooks, DVM has joined the company as Vice President of Pet Releaf Professional Sales effective immediately. In this newly created role, Dr. ...
Cardiol Therapeutics to Commence Trading on NASDAQ Under the Symbol “CRDL”
OAKVILLE, ONTARIO–Cardiol Therapeutics Inc. (TSX: CRDL), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, announced today that it has received final approval from The Nasdaq Capital Market LLC ...
Khiron Publishes Inaugural 2020 ESG Report, Demonstrating Commitment to Sustainability and Continued Market Leadership
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), an integrated medical cannabis producer with core operations in Latin America and Europe, announced the release of its inaugural Environmental, Social and Governance (ESG) report, ...
The 357 Company Launches 357 Kerbsyde Last Mile Delivery
NASHVILLE–The 357 Company (357), a global transportation specialist, is launching 357 Kerbsyde, a last-mile Direct-to-Consumer(D2C) and Business-to-Business (B2B) delivery service to ship high-value products, sensitive, tightly regulated or short-deadline products. Typical shipments include: time-sensitive/just-in-time delivery of raw materials and ...
Poseidon Announces ”GreenShoots Pitch Forum,” a Virtual Cannabis Pitch Forum
LOS ANGELES–Poseidon, a venture capital firm in the cannabis industry with $200M in assets under management, today announced plans to host Poseidon GreenShoots™ Pitch Forum, a 90-minute virtual cannabis pitch forum to connect top-performing companies with accredited investors, ...
How Are Cannabis Businesses Getting Funded in New York State? Part 1 — Overview
NEW YORK– The cannabis industry is evolving all over the world. Our deep dive into the North American cannabis market begins with an examination of New York State, which is now counted among the members ...
Green Thumb Industries Reports Second Quarter 2021 Results
CHICAGO and VANCOUVER, B.C.-- Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, today reported its financial results for the second quarter ended June ...
GW Pharma Receives Approval for Epidoylex (CBD) from the U.K. Government for the Treatment of Seizures Called Tuberous Sclerosis Complex
LONDON–GW Pharmaceuticals, involved in discovering, developing and delivering regulatory approved cannabis-based medicines and now part of Jazz Pharmaceuticals plc (NASDAQ: JAZZ), today announces that the UK Medicines and Healthcare Products Regulatory Agency (MHRA) has approved ...
Emack & Bolio’s & MariMed Create New Brand of 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 ...
RIV Capital Announces US$150 Million Strategic Investment by The Hawthorne Collective, a Subsidiary of The Scotts Miracle-Gro Company
TORONTO- RIV Capital Inc. (TSX: RIV) (OTC: CNPOF), an acquisition and investment company specializing in cannabis, has entered into definitive agreements with The Hawthorne Collective, a newly-formed cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: ...
Canopy Growth Reports First Quarter Fiscal 2022 Financial Results
SMITHS FALLS, ON - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the first quarter fiscal 2022 ended June 30, 2021. All financial information in this press release is reported ...
Change Over at the New York Governor’s Mansion: What Does it Mean for Cannabis?
On August 10, 2021, New York Governor Andrew Cuomo announced his plans to step down as governor, effective August 24, 2021. On that day, Lieutenant Governor Kathy Hochul will step into the governorship. What will ...
Yooma Wellness Inc. Dual-Lists on the U.K.’s AQSE Growth Market
TORONTO, Yooma Wellness Inc. (CSE: YOOM), a global vertically integrated wellness platform that develops and markets a portfolio of CBD and wellness brands, is pleased to announce its common shares began trading on the Aquis ...
Pantry Food Co. Blends Functional Mushrooms, Adaptogens and Cannabis in NEW Good Day and Nite Bites
LOS ANGELES–Pantry Food Co., a functional cannabis-infused food brand created with wellness top of mind, has introduced new Superfood Bites. The new Good Day Bites and Nite Bites boldly blend nutrition and cannabis, harnessing the benefits of CBD, CBN, THC ...
Surfside Raises $4 Million for its Cannabis Data Activation Platform
NEW YORK -- Surfside, marketing platform turning first party customer data into personalized marketing for the cannabis industry, today announced it has raised $4 million in Seed funding. Casa Verde led the round and Karan Wadhera, the firm's ...
Harvest Health & Recreation Inc. Reports Second Quarter 2021 Financial Results
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the second quarter 2021. All financial information is provided in U.S. dollars ...
AWH Announces Q2 2021 Financial Results
NEW YORK, - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for Q2 2021, which ended June 30, 2021. ...
The Parent Company Takes First Steps For US Stock Market Listing
SAN JOSE–The Parent Company/ TPCO (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has filed a registration statement on Form 10 with the United States Securities and Exchange Commission to register the Company's common shares and ...
Tryp Therapeutics Partners with Calvert Labs to Conduct Exploratory Studies for Proprietary Psilocybin Formulations
SAN DIEGO Tryp Therapeutics (CSE:TRYP; OTCQB:TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, announced today an agreement with Calvert Labs to design and execute ...
