Legal Affairs
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Week In Review: Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives; Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales; Leafly Holdings Delisted from Nasdaq Amid Financial Challenges
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Arkansas Governor Proposes Funding Free School Meals with Medical Cannabis Tax Revenue; Biden Commutes Sentences of Nearly 2,500 Nonviolent Drug Offenders; Hemp-Derived CBD Market Set to Expand Significantly by 2034
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Cannabis Operators; Minnesota Approves Hemp Seed Meal for Laying Hens Agrify Divests Cultivation Business to Focus on THC Beverages; Aurora Cannabis Expands Distribution in Australia
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Week In Review: Cansortium Completes Merger with RIV Capital; Cannabis Industry Forecast for 2025: A Year of Transformation; MariMed Launches Wholesale Cannabis Operations in Missouri; Aurora Cannabis Expands Distribution in Australia
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a ...
New Mexico Senate Committee Advances Medical Psilocybin Legislation
LOS ANGELES- The New Mexico Senate Judiciary Committee has approved Senate Bill 219, known as the Medical Psilocybin Act, which proposes the establishment of a regulated program for the therapeutic use of psilocybin. This approval ...
Idaho Legislature Advances Constitutional Amendment on Cannabis Legalization
LOS ANGELES- The Idaho Senate has approved a proposed amendment to the state constitution that would grant the legislature exclusive authority over the legalization of cannabis and other substances. This measure, known as House Joint ...
Demeetra AgBio Advances Major Pipeline for Therapeutic Cannabinoid Development; Invites Collaborations
LEXINGTON, Ky.,–Demeetra AgBio, Inc., a pre-clinical therapeutics development and genetic engineering company, announced that it is advancing a broad pipeline for therapeutic cannabinoids and expects to file an Investigational New Drug Application for its lead ...
Creso Pharma and Red Light Holland Merge to Introduce The HighBrid Lab, a Leading Global Psychedelics x Cannabis Company
TORONTO–Creso Pharma Limited (ASX: CPH) (FSE: 1X8) (OTCQB: COPHF), a producer of cannabis products designed to better the lives of people and animals, and Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF), ...
Entheon Biomedical’s Subsidiary HaluGen and Silo Wellness Announce Psychedelics Genetic Test Kit Partnership
VANCOUVER, B.C.–Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1), a biotechnology company focused on developing psychedelic medicines to treat addiction, and Silo Wellness Inc. (CSE: SILO) (OTC: SILFF) (FSE:3K70), a functional and psilocybin mushroom company ...
Alabama Could Add +$600,000,000 To Its GDP In First 3 Years Of Medical Cannabis Sales
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, predicts that Alabama will make $600,146,880 in its first three years of medical retail cannabis sales. In May, Alabama became the 36th state to legalize medical cannabis, marking the second ...
Passive CBD Vending Announces Distribution Agreements with Major Property Management Companies
DOVER, Del.,– CBD Zero, a leading non-THC brand of CBD products, announces vending distribution agreements with JLL Properties and Spinoso Real Estate. Through CBD Zero's partnership with Passive CBD Vending, LLC., these locations will expand ...
AWH Deepens Commitment to Last Prisoner Project to Aid in Cannabis Criminal Justice Reform
NEW YORK–Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a multi-state, vertically integrated cannabis operator, today announced its enhanced commitment to Last Prisoner Project, a cannabis criminal justice-focused nonprofit organization. The pledge, which is part of a partnership with ...
Kadenwood Achieves Largest US CBD Retail Distribution Networ With Acquisition of Social CBD
NEWPORT BEACH, Calif.,–Kadenwood, a leading CBD consumer packaged goods company dedicated to fostering trust and transparency in the mainstream wellness category, announced the acquisition of the Social CBD brand. With this acquisition, Kadenwood will create ...
Viola Announces Mezz Brands As The Newest Incubator Partner
LOS ANGELES– Viola, the leading and only Black-owned multinational cannabis brand rooted in social equity, today announced a deal with Mezz Brands, the herbal culture lifestyle brand, making them the latest partner and inductee into ...
Trulieve Announces Expungement Clinics in Pittsburgh During the 2021 WPA Juneteenth Freedom Days Festival
TALLAHASSEE, Fla.,–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States and its dispensary group Solevo Wellness, today announced the sponsorship of expungement clinics in Pittsburgh, Pennsylvania as well as additional initiatives ...
Greenrose SPAC Announces Delisting on NASDAQ
NEW YORK–Cannabis-focused blank-check company Greenrose Acquisition Corp. has announced it plans on delisting its shares from the Nasdaq later this month, in anticipation of closing deals that would qualify it as a ''plant-touching'' business in ...
Weedmaps Lists on NASDAQ Under Ticker Symbol ‘MAPS’
IRVINE, Calif.,–WM Holding Company, LLC, a leading technology and software infrastructure provider to the cannabis industry, announced that it has completed its previously announced business combination with Silver Spike Acquisition Corp. The transaction was unanimously ...
Major Hemp CBD Expo Returns to Dallas
DALLAS–Lucky Leaf Expo is coming back to Dallas for its second annual Hemp CBD Expo. With the passing of House Bill 1325 Texas is poised to be the largest Hemp producing state in the nation. ...
Trait Biosciences Closes Series A C$31 Million Financing
VANCOUVER, BC–Trait Biosciences Inc.-- a cannabinoid research company focused on developing technologies that enable the production of safe, high-quality, predictable, and efficacious CBD products -- today announced the completion of a C$31 million Series A financing ...
Parallel’s goodblend Texas Launches First CBN Cannabis Product Line for Texas
AUSTIN–goodblend™ Texas, a retail brand of Parallel, one of the nation's largest privately-held multi-state cannabis operators, today announced the launch of the first cannabinol (CBN) products for patients registered in the Texas Compassionate Use Program. The Surterra Wellness Dream +CBN branded ...
New Female-Founded CBD Brand House of Wise Launches Sleep, Stress and Sex Products
MIAMI–CBD brand House of Wise launches with a full line of luxury, full-spectrum, organic CBD products empowering women to give more intention and purpose to sleep, stress management and sex so they can be in the ...
Nextleaf Launches Specialty Molecules Division
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce the ...
Berlin Cannabis Start Up Closes $44M Funding Round In Biggest Raise Yet For European Cannabis
BERLIN–Berlin-based cannabis start-up Sanity Group announced today it has closed a $44.2M USD Series A financing round with new investment led by Swiss venture capital firm Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated ...
Columbia Care to Acquire Medicine Man in $42M Deal
NEW YORK– Columbia Care Inc (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP), one of Colorado's largest and most experienced cultivators, manufacturers and providers of cannabis products in the United States, today announced that it has entered ...
Sacramento Throws California Cannabis Operators $100 Million Lifeline
LOS ANGELES–California's State Legislature on Monday approved a $100-million plan for California’s legal cannabis industry, which continues to struggle to compete with the large illicit cannabis market nearly five years after voters approved sales for ...
Innocan Pharma Announces Patent Application for Novel Cannabis-Based Vaginal Moisturizer and Lubricant Treatment
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announce it has filed an international patent application for a novel cannabis-based Vaginal Moisturizer and Lubricant Treatment. The composition comprises cannabinoids and additional agents of a ...
43% of U.S. Retail Investors Have at Least One Cannabis-Related Stock or Fund
CHARLOTTE, N.C.–With support for cannabis legalization at an all-time high in the U.S., it shouldn't come as a surprise that more people are investing in cannabis-related stocks. The latest MagnifyMoney survey of more than 1,200 investors ...
Acreage Holdings Founder Launches $125 Million Cannabis REIT
CYPRESS, Texas–Viridescent Management LLC, an affiliate of Viridescent Capital Partners, a private investment firm with substantial operating and investing experience across the U.S. cannabis industry, is pleased to announce a first close of over $125 ...
As the First Cannabis-Centered Video Sharing Social Network, SmokeSesh.Life Looks Towards Official Launch
DENVER–Created nearly one year ago by Travis "TJ" Owens, SmokeSesh.Life is finalizing plans to officially come to market as the first cannabis-focused social media site of its kind. With hundreds of users already signed up, ...
Creo Announces Collaborations With Fifth & Root And Joiya Bringing Innovative CBG Skincare Products to Market
SAN DIEGO–Creo, an ingredient technology company with a proprietary platform for producing natural cannabinoids without the cannabis plant, today announced collaborations with both Fifth & Root and Joiya to introduce new CBG skincare products using Creo CBG. The company has ...
PharmaCielo Welcomes Bill Petron as Chairman of the Board
TORONTO– PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of a Colombian cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced that all of the nominees listed in the Management ...
