Legal Affairs
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 ...
New York’s Cannabis Tax Revenue Surges Amid Market Expansion
LOS ANGELES- New York State is experiencing a significant increase in tax revenue from legal cannabis sales. For the fiscal year ending March 31, 2025, the state anticipates collecting $161.8 million, a fourfold increase from ...
Regulatory Challenges for Hemp Beverages in the USA
LOS ANGELES - The hemp beverage industry in the United States is growing rapidly, driven by consumer demand for wellness-focused and sustainable alternatives to traditional drinks. According to Fortune Business Insights, the U.S. cannabis beverage ...
The Rise of Cannabis Beverages: Trends and Market Insights for 2025
LOS ANGELES - Cannabis beverages are gaining traction in the health and wellness industry as a new way to deliver cannabinoid benefits. As 2025 approaches, this market is projected to grow significantly, evolving consumer preferences ...
Poland’s Medical Cannabis Prescriptions Decline Amid Regulatory Changes
LOS ANGELES- Recent regulatory changes in Poland have led to a significant decrease in medical cannabis prescriptions. In August 2023, the Ministry of Health implemented a regulation requiring physicians to verify a patient's medication history ...
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 ...
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 ...
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 ...
