Legal Affairs
MariMed Reports Q1 2025 Financial Results
LOS ANGELES- MariMed Inc. a multi-state cannabis operator, reported its financial results for the first quarter ended March 31, 2025. Financial Overview Revenue: $38.0 million, a slight increase from $37.9 million in Q1 2024. Gross ...
Why Bob Hoban Is Defending Steve DeAngelo—And What It Reveals About Cannabis Policy
LOS ANGELES- In cannabis industry discourse, facts can be overshadowed by simplified narratives. One such claim—widely circulated in trade circles—is that Steve DeAngelo, founder of Harborside and a prominent figure in the legalization movement, was ...
DEA Grants Import Permit for Psilocybin Truffles to Red Light Holland and Irvine Labs
LOS ANGELES- Red Light Holland Corp, an Ontario-based producer of psilocybin truffles, announced that its U.S. partner, Irvine Labs, has received a Controlled Substances Import Permit from the Drug Enforcement Administration (DEA). This authorization allows ...
Calgary Considers Permitting Cannabis Sales at Adult-Only Events
LOS ANGELES- Calgary city officials are evaluating a proposal to permit the sale of cannabis at adult-only events. Councillor Kourtney Penner has introduced a motion requesting city administration to draft bylaw and business license amendments ...
Aurora Cannabis Reports Record Revenue Driven by International Medical Sales
LOS ANGELES- Aurora Cannabis Inc. has announced a significant increase in revenue for its fiscal third quarter, primarily due to substantial growth in international medical cannabis sales. The company's total net revenue reached C$88.2 million, ...
Arkansas Senate Advances Bill to Fund Free School Breakfasts Using Medical Cannabis Revenue
LOS ANGELES- The Arkansas Senate has approved a bill to allocate revenue from medical cannabis taxes to fund free breakfasts for students statewide. The legislation, designated as SB 59, proposes supplementing federal meal programs with ...
New York’s Cannabis Regulatory Body Introduces Banking Directory
LOS ANGELES- The New York Office of Cannabis Management (OCM) has launched a Cannabis Banking Directory to assist licensed cannabis businesses in identifying financial institutions willing to provide banking services. This initiative aims to mitigate ...
MariMed Reports Q1 2025 Financial Results
LOS ANGELES- MariMed Inc. a multi-state cannabis operator, reported its financial results for the first quarter ended March 31, 2025. Financial Overview Revenue: $38.0 million, a slight increase from $37.9 million in Q1 2024. Gross ...
Why Bob Hoban Is Defending Steve DeAngelo—And What It Reveals About Cannabis Policy
LOS ANGELES- In cannabis industry discourse, facts can be overshadowed by simplified narratives. One such claim—widely circulated in trade circles—is that Steve DeAngelo, founder of Harborside and a prominent figure in the legalization movement, was ...
DEA Grants Import Permit for Psilocybin Truffles to Red Light Holland and Irvine Labs
LOS ANGELES- Red Light Holland Corp, an Ontario-based producer of psilocybin truffles, announced that its U.S. partner, Irvine Labs, has received a Controlled Substances Import Permit from the Drug Enforcement Administration (DEA). This authorization allows ...
Petalfast Partners with Nabis to Exclusively Service its Complete Portfolio of Brands
OAKLAND, Calif., -- Petalfast, a sales and marketing agency for the cannabis industry announced today an exclusive partnership with Nabis, a licensed cannabis wholesaling platform. By leveraging Nabis' statewide network and technology tools, it is ...
True Leaf Completes Inaugural Cannabis Harvest
Vernon, British Columbia-- True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) has announced the completion its first harvest of premium craft cannabis. The Company is reported to have produced a small-batch cultivation ...
The Parent Company Strengthens California Retail Footprint
SAN JOSE, Calif --TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has acquired an operating retail dispensary located in Ceres, California from the owners of Jayden's Journey. Terms of the transaction were ...
Houseplant and Canopy Growth to Conclude Their Strategic Relationship in Canada
TORONTO–After three years of a successful joint venture, Houseplant and Canopy Growth Corporation have mutually agreed to end their relationship. The Canadian cannabis market has evolved substantially during this period, and the parties believe the ...
MJ Unpacked Announces Las Vegas Blues Brothers Concert Benefiting the Last Prisoner Project
LAS VEGAS– MJ Unpacked announces today a Blues Brothers concert benefiting the Last Prisoner Project. The concert will take place on Thursday, Oct. 21, 8:00 - 11:00 pm at The House of Blues at Mandalay Bay in Las Vegas. The ...
Innocan Pharma Announces Filing of Patent Application for Treatment and Prevention of Hair Loss
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) filed a patent application for its topical composition for hair loss treatment. The patent application discloses and claims several compositions for topical administration comprising cannabinoid ...
Cannabis Delivery Company Emjay Launches on Apple App Store
LOS ANGELES– Emjay, a cannabis delivery and retail company, today announced its first iOS app, which is now available for download on the Apple App Store. Users can browse Emjay's store and manage their accounts ...
ManifestSeven Reports Financial Results for Second Quarter Fiscal Year 2021
IRVINE–ManifestSeven Holdings Corporation (CSE: MSVN; OTCMKTS: MNFSF), an omnichannel platform for legal cannabis, today announced financial results for its fiscal second quarter ended May 31, 2021. M7's second-quarter financial results reflect the continued demand for ...
Leading Cannabinoid Scientist Professor Raphael Mechoulam Celebrates His 92nd Birthday This Year
JERUSALEM–If ever there was a person who deserved a Nobel Prize in Chemistry, it's the famous Cannabis Scientist Raphael Mechoulam. On November 5th, 2022, Professor Raphael Mechoulam celebrates his 92nd birthday. The distinguished professor is ...
Tryp Therapeutics Announces Q3 2021 Financial Results
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 its interim financial results for the three and ...
Numinus Wellness Closes Q3 2021 With $63.2 Million Cash Position, Lab and Trial Advances, and Strategic Expansion into Psychedelic Neurology
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its fiscal third quarter results ended May 31, 2021. In the third quarter, Numinus maintained a ...
Vertosa Announces U.S. Patent & Engages Emery Pharma To Help Develop Cannabis-Infused Products
OAKLAND–Vertosa, a science-first cannabis company that creates effective and reliable active ingredients for infused products, announced the United States patent for one of its core emulsion formulas. Validated by two years of use in the ...
Curaleaf International Launches Second Medical Cannabis Flower Product for UK Market
LONDON–Curaleaf International (formerly EMMAC Life Sciences Group), Europe’s largest vertically integrated cannabis company, is pleased to announce the launch of its second range of medical cannabis flower products for the UK market. The new products ...
Hemp Studies Underway at Colorado State University’s College of Agricultural Sciences with Charlotte’s Web’s CW Labs
DENVER–(TSX: CWEB) (OTCQX: CWBHF) Supporting sound scientific data is a priority for the market leader in full spectrum hemp extract wellness products, Charlotte's Web Holdings, Inc. The Company's CW Labs science division and Colorado State ...
Field Trip Health Commence Trading on the NASDAQ Today Under the Symbol FTRP
TORONTO–Field Trip Health Ltd. (TSX: FTRP; FTRP.WT; OTCQX: FTRPF), a global leader in the development and delivery of psychedelic therapies, announced today that it has received final approval from The NASDAQ Stock Market LLC to ...
Author Introduces ‘Cannabis the Cat’ Helping Teach Kids About Cannabis
CHICAGO–Jerry Frye officially announced the release of "Cannabis the Cat to the Rescue," a children's book written to help dispel the myths surrounding the use of the cannabis plant for medicinal reasons. Richly illustrated by ...
Newsom Signs Bill Creating State Department of Cannabis Control
The Department of Cannabis Control (DCC) was established on July 14th, following the signing of Assembly Bill 141. This action consolidates the three state cannabis programs into a single department. The creation of a standalone ...
Jane Technologies Enters Canadian Market Through Partnership with High Tide
SANTA CRUZ–Jane Technologies, Inc., a retail software company that created the leading online cannabis marketplace, today announced its expansion into Canada via a partnership with High Tide (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), which has one of the largest cannabis ...
CIA Office Building Famous During War On Drugs: Now A Cannabis Dispensary
ANN ARBOR–In a great twist of irony, a former Central Intelligence Agency (CIA) office in Michigan with deep cannabis roots is now home to a retail cannabis store, reports MLive.com JARS Cannabis, a retailer active ...
