Legal Affairs
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
McConnell Seeks to Close 2018 Hemp “Loophole” in Senate Funding Bill
LOS ANGELES- Senate Republican leader Mitch McConnell is advancing a provision in the FY 2026 agriculture appropriations bill aimed at revising the federal hemp definition to bar products containing any “quantifiable” amount of THC. The action ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Mississippi Dispensary Owner Challenges State’s Medical Cannabis Advertising Ban in Supreme Court
LOS ANGELES- In March 2025, Clarence Cocroft, owner of Tru Source Medical Cannabis in Olive Branch, Mississippi, petitioned the United States Supreme Court to review the state's prohibition on advertising for medical cannabis businesses. This ...
IM Cannabis Corp Reports Significant Growth in German Market
LOS ANGELES- IM Cannabis Corp has reported a 25% increase in revenue for the fourth quarter of 2024, reaching €13.3 million, compared to the same period in the previous year. This growth is largely attributed ...
Cannabis Extract Shows Potential in Reducing Neuroinflammation After Spinal Cord Injury
LOS ANGELES- A recent study published in the journal Neuroscience indicates that a cannabis extract containing both tetrahydrocannabinol (THC) and cannabidiol (CBD) may significantly reduce neuroinflammation and improve motor function following spinal cord injury. ...
Brazil’s Cannabis Industry Advances Amid Legal and Research Developments
LOS ANGELES- Brazil is witnessing significant progress in its cannabis industry, marked by legal reforms and dedicated research initiatives. The National Health Surveillance Agency (ANVISA) has authorized the importation, manufacturing, and sale of cannabis-based medicines, ...
Senate Panel Flags Misleading Cannabis Marketing, Backs Psychedelics Research
LOS ANGELES- The Senate Appropriations Committee released a report accompanying the 2026 agriculture and FDA spending bill that raises concerns over deceptive marketing in the cannabis sector while endorsing expanded federal support for psychedelics research. ...
McConnell Seeks to Close 2018 Hemp “Loophole” in Senate Funding Bill
LOS ANGELES- Senate Republican leader Mitch McConnell is advancing a provision in the FY 2026 agriculture appropriations bill aimed at revising the federal hemp definition to bar products containing any “quantifiable” amount of THC. The action ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Wild Hempettes Successfully Defends Rights of Adult Texans to Enjoy Texas Smokable Hemp Products
DALLAS -- Wild Hempettes LLC, the Dallas based manufacturer of Wild Hemp Hempettes branded smokes, is pleased to announce that its efforts as lead plaintiff in Crown Distributing LLC, et al. v. Texas Department of State Health Services, et ...
Red Light Holland Successfully Completes Canada’s Largest Legal Sale and Import of Psilocybe Truffles into Canada
TORONTO- Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles, is pleased to announce that it ...
Advanced Extraction Systems completes commissioning of euGMP CO2 extraction System project at Pharmarolly LLC
CHARLOTTETOWN, PE and SKOPJE, North Macedonia - Advanced Extraction Systems Inc, and Pharmarolly Holdings B.V. announced the completion of a sales agreement and the commissioning of an AESI CO2 extraction system to produce high quality ...
Goodness Growth Holdings Subsidiary Resurgent Biosciences Receives Patent for Cannabis-Based Moist Snuff Products
MINNEAPOLIS -- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), science-focused cannabis company and IP incubator, today announced that the United States Patent and Trademark Office has issued a Notice of Allowance for its subsidiary ...
Harvest Health & Recreation Inc. Announces Planned Divestiture of Florida License
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the signing of a definitive agreement to divest its Medical Marijuana ...
The Valens Company Announces the Acquisition of Verse Cannabis and Creates Top Tier Canadian Licensed Producer
KELOWNA, BC,- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) a manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, ...
Peak Partners With Boston Beer Company
TECUMSEH, ON - Peak Processing Solutions, a subsidiary of Althea Group Holdings Limited (ASX: AGH), is a developer, manufacturer, and distributor of cannabis infused edible, topical, and concentrate products announced that the Company has entered ...
Council for Federal Cannabis Regulation Hires Sarah A. Chase as New Executive Director
WASHINGTON, -- Sheri Orlowitz, Founder and President of the Council for Federal Cannabis Regulation (CFCR), announced the appointment of Sarah A. Chase as the organization's first Executive Director. A lifelong champion for mission-driven and social ...
The Valens Company to Acquire Leading, Premium Craft Licensed Producer, Citizen Stash Cannabis Corp.
KELOWNA, and VANCOUVER, BC, - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) and Citizen Stash Cannabis Corp. (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) announced they have entered into an arrangement ...
Canonic Announces Pre-Launch of its First Generation Medical Cannabis Products in Israel
REHOVOT, Israel -- Canonic Ltd. announced today the pre-launch of its first-generation medical cannabis inflorescence products. Canonic's first product line, G-nnovation, is based on cannabis varieties that were selected and developed to express high levels of ...
Passion For the Plant: A Tribute to Frenchy Cannoli
Legendary hash maker and cannabis icon Frenchy Cannoli had a larger-than-life spirit, one that was taken away from this world too soon. The beloved educator, craftsman, and father passed away on July 18th due to ...
What’s Next for Drug Policy Reform and Psychedelics in Colorado?
LOS ANGELES– With an eye towards the 2022 General Elections, the Psychedelic Club of Denver recently hosted a panel of drug policy experts and psychedelic advocates to discuss “Exploring Ways to End the Drug War.” The ...
Understanding the Shifting Trends of State and Federal CBD Laws and Regulations
LOS ANGELES–A recent projection by Graphical Research found the North American cannabidiol market is expected to surpass $61.2 billion in size by 2027. With a growing market and hands-off approach by the Federal Food and Drug Administration, ...
Hollister Biosciences Inc. Announces Appointment of Two New Board Members
VANCOUVER, BC. - Hollister Biosciences Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Kevin Harrington and Mr. Jakob Ripshtein. Mr. Kevin Harrington is a veteran CEO, bestselling author and platform-building ...
Kona Gold Beverage, Inc. Raises $3 Million
MELBOURNE, Fla. -- Kona Gold Beverage, Inc. is pleased to announce it has raised $3 million in capital via a Securities Purchase Agreement with YA II PN, LTD. Kona Gold Beverage will use the proceeds from the capital ...
Harborside Inc. Reports Second Quarter 2021 Financial Results
OAKLAND, Calif. and TORONTO - Harborside Inc., reported today its financial results for the second quarter ending June 30, 2021. The unaudited condensed interim consolidated financial statements for Q2 2021 and corresponding management's discussion and analysis are available ...
The Rise Of Debt Financing In The U.S. Cannabis Markets
EDITOR: We invited Judson Hill, VP of Business Development for Bespoke Financial Inc. to comment on his area of the industry. Since 2018, Bespoke Financial have been in operation supporting cannabis business financing. They were ...
High Hemp Expands Portfolio with Launch of CBD Gummies, Tinctures and Natural Paper Cones
ORLANDO, Fla., Aug. 30, 2021 /PRNewswire/ -- High Hemp, organic hemp wraps who are positioned as containing no traces of nicotine, tobacco, or toxic additives, announced the launch of three innovative products, including CBD Gummies, Natural Paper Cones ...
Fiore Cannabis Announces Second Quarter 2021 Financial Results
Kelowna, British Columbia and Las Vegas, Nevada-- Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) , a licensed multi-state cannabis cultivator, producer and retailer, today announced its second quarter 2021 financial results, which support the Company's ...
Grenco Science Announces the Launch of the G Pen Micro+
LOS ANGELES-- Grenco Science a cannabis vaporization technology company, today announces the launch of the G Pen Micro+, a smart-chip enabled vaporizer engineered to heat any concentrates to a custom level for the on-the-go ...
Eybna Announces Q3 Partnerships
LONG BEACH, Calif.-- Eybna, a pioneering technology company and terpene manufacturer, is proud to announce new partnerships with cannabis brands: Spherex and Orchid Essentials, the award-winning cannabis brand from Orchid Ventures, Inc. (CSE: ORCD OTC: ORVRF). The legacy brands ...
KushCo And GreenLane Shareholders Approve Merger
CYPRESS, CA –KushCo Holdings, Inc. (OTCQX:KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries, today announced that its stockholders overwhelmingly voted to approve the merger agreement with Greenlane ...
A LIFE IN A DAY: Emily Hackman: Cannabis Business Licensing Specialist
EMILY HACKMAN joined Vicente Sederberg in 2017 and is a Licensing Specialist on Vicente Sederberg's California licensing team, managing licensing and land-use projects for operators obtaining both local and state licenses. Emily also assists with ...
Jane Technologies, Inc. Raises $100M in Series C Funding
SANTA CRUZ–Jane Technologies, Inc. , an e-commerce online cannabis marketplace, announced the closing of a $100 million Series C round of funding. The round was led by Honor Ventures with participation from Third Point Ventures, Gotham ...
DEEP DIVE: Latest Updates On The Hemp Market In The U.S.A.
SAN FRANCISCO–The following are updates from both the federal, state and local level regarding developments in the HEMP market. Here we look at the key changes in the market for Hemp and the incoming legislation ...
