Legal Affairs
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
The History of Sungrown Cannabis in California
LOS ANGELES - California's connection to cannabis resembles a fabulous legend that blends the state's lush landscapes with the determination of its people. Sungrown cannabis, cultivated under the open sky and fueled by the full ...
Texas Senate Advances Legislation to Ban THC Products
LOS ANGELES- The Texas Senate has approved Senate Bill 3 (SB 3), a measure aimed at prohibiting the sale of products containing tetrahydrocannabinol (THC), the psychoactive component found in cannabis. The bill, authored by Senator ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
ICE Raids California Cannabis Farms as Budget Swells and Allegations Mount
CARPINTERIA, Calif. — In a sweeping operation that has stirred legal, political, and cultural tensions across California, federal immigration authorities executed high-profile raids on two cannabis farms operated by Glass House Brands, one of the ...
Australis Reports Q4 and Financial Year 2021 Results
LAS VEGAS–Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) and doing business as AUDACIOUS, today announced its financials and management discussion and analysis for the fourth quarter and full year fiscal 2021, the period ending March ...
Top Strike Announces 2021 Fourth Quarter Financial Results, 2021 Annual Financial Results
CALGARY, AB–Top Strike Resources Corp. d.b.a. "Vencanna Ventures" (CSE: VENI) (OTCQB: TPPRF) announced its financial results as of April 30, 2021. Financial Highlights The following financial data is selected information for the Company for the ...
American Green Wins 5 Year Cannabis Grow Management Contract from Curaleaf
PHOENIX-- Today, American Green, Inc. (ERBB:OTC) announced that it has a new management services agreement with Curaleaf's two cultivation facilities in Arizona. Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) is an international provider of ...
Redbone Introduces CBD Products for Working Dogs & Canine Athletes
JUPITER, Fla.--Redbone Introduces CBD Products for Working Dogs & Canine Athlete CBD for Dogs Made With High Quality Ingredients It's from this place of deep respect for our animals that Redbone Nutrition was born. Our ...
SLANG Worldwide Announces Record Revenue for Second Quarter 2021
Toronto, Ontario- - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today released financial results for the three and six months ...
Hollister Biosciences Inc. Reports Q2 2021 Financial Results including USD $17.6 million revenue, and USD $3.2 million of Adjusted EBITDA
VANCOUVER, BC-- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company reported its financial and operating results for the second quarter of 2021. All financial information is presented in U.S. dollars ...
Slumber Sleep Aid Releases CBD and CBN Pet Tincture
DENVER-- Slumber Sleep Aid™, a CBN retail company, announced today a new addition to their line of natural, hemp-derived products: a full-spectrum CBD and CBN tincture specially formulated for adult cats and dogs. ...
FSD Pharma Announces Agreement to Acquire Lucid Psycheceuticals
TORONTO-- FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions in legal psychedelics and medical cannabis, announces today it has ...
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 ...
Mid-West CannaFest Aims to Highlight Minority Licensed Operators in Ohio during August for Black Business Month
CINCINNATI–Midwest CannaWomen presents their collaborative August 29th event with Noohra Labs, the Mid-West CannaFest, to highlight minority licensed cannabis operators in Ohio for Black Business Month. Midwest CannaWomen presents their collaborative August 29th event with ...
Indiva Reports Second Quarter Fiscal 2021 Results
LONDON, ONTARIO–Indiva Ltd. (TSXV: NDVA) (OTCQX: NDVAF), a Canadian producer of cannabis edibles, announced its financial and operating results for the second quarter of fiscal 2021 ended June 30, 2021. (CAD). Indiva reported a net revenues of ...
Rubicon Organics Reports Second Quarter 2021 Financial Results
VANCOUVER,B.C.–Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) a licenced producer focused on cultivating and selling organic certified and premium cannabis, today reported its financial results for the second quarter ended June 30, 2021. All amounts ...
Beacon Hill Brands Brings Cannabis Beverage Kalvara to Canadian Market
TORONTO-- Beacon Hill Brands Inc, a privately owned Canadian company focused on developing, marketing and distributing functional, nutraceutical and medicinal beverages, is bringing the Kalvara brand of Infusion Technology-powered, conveniently-sized cannabis beverages to the Canadian ...
The Green Organic Dutchman Completes First International Cannabis Shipment
TORONTO -- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US-OTC: TGODF), a producer of premium certified organically grown cannabis, announced it completed its first international commercial shipment consisting of cannabis flower and other extracts ...
Aurora Cannabis Marks Successful Inaugural Fulfillment for French Pilot Program
EDMONTON, AB-- Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to ...
Gage Announces Extension of Licensing Agreement with COOKIES in Michigan
DETROIT -- Gage Growth Corp. (CSE: GAGE), a leading high-quality premium cannabis brand and operator in Michigan, today announced that they have entered into an amended and new licensing agreement with Cookies, one of ...
Clinical Director of Imperial College’s Center for Psychedelic Research Joins Entheon Advisory Board
Vancouver, British Columbia-- Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1), a biotechnology company focused on developing psychedelic medicines to treat addiction, is pleased to announce that Dr. David Erritzoe, the current Clinical Director ...
Item 9 Labs’ Cannabis Cup Win Marks 9 Top Podium Placements
PHOENIX– Item 9 Labs Corp. (OTCQX: INLB) , a vertically integrated, cannabis dispensary franchisor and operator today announced that it has earned two podium finishes in Arizona's first-ever High Times Cannabis Cup. Item 9 ...
Laura Fuentes, Co-Founder of The Valens Company Subsidiary Green Roads, Recognized as Member of Forbes’ Inaugural 50 Over 50: Vision List
KELOWNA, BC -- The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, announced today that Laura Fuentes, Co-Founder of its US-based subsidiary Green Roads, has been recognized as a member of Forbes' inaugural 50 over 50: ...
Trulieve Announces Opening of 100th Dispensary in United States
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) a cannabis company based in the United States, today announced the opening of two new dispensaries in Boynton Beach and Port Orange, Florida. Boynton Beach will be the Company's 99th location and Port ...
RIV Capital Closes US$150 Million Strategic Investment by The Hawthorne Collective
TORONTO, -- RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) announced the completion of the purchase by The Hawthorne Collective, Inc., a cannabis-focused subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG), of an unsecured convertible note from ...
Hollister Biosciences Inc. Announces 30-Acre Arizona Brand Campus with planned 700,000 square feet of cultivation area and an existing 28,500-square-foot processing and manufacturing facility
VANCOUVER, BC-- Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB), has completed a series of agreements designed to provide expanded revenue, capacity and margins, while offering a diversity of inputs for branded products. The ...
Akerna predicts Labor Day weekend expected to bring in over $240 million in national retail cannabis sales
DENVER-- Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), predicts that the upcoming Labor Day ...
Pervasip Executes Definitive Agreements to Acquire Artizen Corporation
Seattle, Washington-- Pervasip Corp. (OTC PINK: PVSP), a developer of companies and technologies in high value emerging markets, announced today the execution of definitive agreements to acquire 100% of the stock of Artizen Corporation, the ...
