Legal Affairs
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Silo Pharma’s SP-26 Ketamine Implant Meets All Endpoints in Preclinical Fibromyalgia Study
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, announced that its investigational ketamine implant, SP-26, met all primary endpoints in a preclinical study targeting fibromyalgia. The study, conducted in minipigs, assessed the implant's safety, ...
Tilray Medical Introduces Good Supply Cannabis Brand to German Market
LOS ANGELES- Tilray Medical, a division of Tilray Brands Inc has launched its Canadian cannabis brand, Good Supply, in Germany. This expansion aims to provide German medical cannabis patients with access to a range of ...
Maine Governor Advocates for Enhanced Regulation of Medical Cannabis Program
LOS ANGELES- In her recent State of the Budget address, Governor Janet Mills characterized Maine's medical cannabis program as the "wild, wild west," advocating for increased regulation to ensure consumer safety. She proposed implementing mandatory ...
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
Illinois Cannabis Sales Surpass $2 Billion in 2024
LOS ANGELES- In 2024, Illinois' legal cannabis market achieved sales exceeding $2 billion, marking a 2.5% increase from the previous year. This total comprises approximately $1.722 billion in adult-use cannabis sales and over $285 million ...
California Cannabis Industry Faces Potential Crisis Amid Proposed Tax Increase
LOS ANGELES- The legal cannabis industry in California is confronting significant financial challenges as a proposed increase in the state excise tax looms. Currently set at 15%, the tax is scheduled to rise to 19% ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Silo Pharma’s SP-26 Ketamine Implant Meets All Endpoints in Preclinical Fibromyalgia Study
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, announced that its investigational ketamine implant, SP-26, met all primary endpoints in a preclinical study targeting fibromyalgia. The study, conducted in minipigs, assessed the implant's safety, ...
Tilray Medical Introduces Good Supply Cannabis Brand to German Market
LOS ANGELES- Tilray Medical, a division of Tilray Brands Inc has launched its Canadian cannabis brand, Good Supply, in Germany. This expansion aims to provide German medical cannabis patients with access to a range of ...
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 ...
Cannabis-Oriented SPAC Choice Consolidation Upgrades To OTCQX Best Market
Choice Consolidation Corp. (NEO: CDXX) (OTCQX:CDXXF), a cannabis-focused special purpose acquisition company (SPAC), has qualified to trade on the OTCQX Best Market. The New York company upgraded to OTCQX from the Pink market and began trading on Monday under the ...
Greenlane Holdings Announces $32 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into definitive agreements ...
4Front Ventures Corp. Closes on the First Phase of an Up to 558K Sq. Ft. Cultivation and Production Facility in Illinois
PHOENIX, - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced the first closing of a multiphase expansion project to build an up to 558,000 sq. ft. cultivation and ...
Leafly To Go Public Through Business Combination With Merida Merger
SEATTLE and NEW YORK, Aug. 9, 2021-- Leafly Holdings Inc., the online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) , a special purpose acquisition company sponsored by ...
Akerna Announces Financial Results for the Second Quarter 2021
DENVER–Akerna (Nasdaq: KERN), an enterprise software technology provider and developer in the cannabis industry, today reported its unaudited financial results for the quarter ended June 30, 2021. "Our second quarter results continued the momentum in ...
A LIFE IN A DAY: Luc Van Poelje: Psychedelic Industry Personalities
LUC VAN POELJE is the founder of Psychedelic Insights. Luc is their lead psychedelic guide, working with patients who come to him to find solutions. Solutions to often intractable mental health issues. Based in the ...
Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings
CHICAGO–Green Ivy Capital, LLC, an affiliate of Chicago Atlantic Advisers, LLC, announced today it funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term ...
Sourcelight Combines CBD and Immunity Support in an All Natural, Sugar-Free Lollipop
NEW YORK–Everyone one loves lollies and everyone likes to feel great! To meet growing consumer demands for healthy, functional, all natural products, Feel Well Lollys developed a low calorie treat that delivers a powerful 50mg ...
US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair
DENVER–Akerna (Nasdaq: KERN), an enterprise software platform today announced Jessica Billingsley, the company's co-founder, CEO, and Chair of the Board, has been elected Chair of the US Cannabis Council (USCC), a coalition of leading cannabis ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor cultivation capacity, ...
Ziese Farms & Rodale Institute Launch Hemp Food Research
LOS ANGELES–Ziese Farms announces a hemp research partnership and patent licensing agreement with the Rodale Institute, a leader and pioneer in organic farming. Ziese Farms is a leading hemp food company that has achieved first ...
Psychedelics Hit Mainstream: 10 Celebrities that Treated with and Entered the Psychedelic Industry
MIAMI–Cannabis has been the gateway to legalization of plant medicine. It took a long time for cannabis to make it out of the prohibition closet at a state level, and as we see, it’s still ...
Jushi Holdings Inc. Receives $14.4 million Interim Arbitration Award
BOCA RATON, Fla., July 30, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that the American Arbitration Association awarded $14,364,920.10 to Jushi FL SPV, LLC (“Jushi ...
Cannara Biotech Inc. Reports First Quarterly Profit
MONTREAL--Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec-based mega cultivation facilities spanning over 1.65 million sq. ft., announced today its third ...
