Legal Affairs
Cannabis Prices Decline in New York Amid Market Expansion
LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access. Price Reductions Across Product Categories Recent data indicates a ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
What You Need to Know Inventory Management and Cost Accounting
LOS ANGELES—Every entrepreneur, CEO and CFO needs to know that effective inventory management and accurate cost accounting are critical to success in the cannabis and psychedelic industries. As businesses navigate a landscape marked by strict ...
Worried About IRS Audits? What You Need to Know
LOS ANGELES– The cannabis and psychedelics industry is undergoing a remarkable transformation, and as we one step into 2025, the outlook is brighter than ever. With increasing legalization, growing consumer acceptance, and a burgeoning market ...
Psilocybin Therapy Shows Promise for Pandemic-Induced Depression in Healthcare Workers
LOS ANGELES- Recent studies indicate that psilocybin-assisted psychotherapy may alleviate depression among healthcare professionals affected by the COVID-19 pandemic. A randomized clinical trial conducted by the University of Washington involved 30 frontline clinicians experiencing moderate to ...
Efficacy of Medical Cannabis in Treating PTSD Remains Uncertain
LOS ANGELES- The use of medical cannabis as a treatment for post-traumatic stress disorder (PTSD) has garnered significant attention. However, current research provides limited and inconclusive evidence regarding its effectiveness. A 2021 systematic review found ...
Cannabis Prices Decline in New York Amid Market Expansion
LOS ANGELES- The legal cannabis market in New York is experiencing a notable decrease in product prices, coinciding with rapid industry growth and increased consumer access. Price Reductions Across Product Categories Recent data indicates a ...
Psilocybin Use Rises Amid Shifting Public Perception and Regulatory Changes
LOS ANGELES- Recent studies indicate a significant increase in psilocybin use across the United States, correlating with evolving public attitudes and regulatory developments. Data from the University of Colorado Anschutz Medical Campus and Rocky Mountain ...
$10M Medicaid Settlement Raises Alarms Over Political Spending Tied to DeSantis’ Anti-Cannabis Push
LOS ANGELES- Florida’s medical settlement funds are under scrutiny after a $10 million payment intended for charitable use was channeled to two organizations that later fueled a high-dollar campaign against adult-use cannabis in the state. ...
Auxly Strengthens Financial Position With Implementation Of Amendments To Imperial Brands $123 Million Convertible Debenture & Sale of Curative Cannabis
TORONTO– Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) a leading consumer packaged goods company in the cannabis products market, is pleased to announce the implementation of amendments to certain provisions of its previously ...
Cannabis Delivery Leader Emjay Expands to San Francisco Market, Serving 400,000 New Households
SAN FRANCISCO– Emjay, a fully-vertical cannabis delivery and retail company with operations in California, today announced its expansion to the San Francisco market with a new facility dedicated entirely to delivery. The company - which already serves millions ...
GreenGro Technologies Announces Launch of New Hemp Infused Product Line Under GreenGro Brand
Anaheim–GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced the launch of its highly anticipated product line of hemp infused tinctures, topicals, oil ...
Trulieve Announces Start Of Operations In West Virginia
TALLAHASSEE–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company based in the United States, announced today that it commenced operations in West Virginia. The Company has begun cultivation at their 100,000 ...
Ontario’s First Craft Cannabis Beverage Now Available in Stores
MIDLAND, ON–Whether for the cautious and curious or experienced and educated, Ontario's first craft cannabis beverage is now on store shelves. With only one calorie and zero sugar per serving, Proper's entry into the cannabis ...
Caliper CBD Announces New Limited-Run Lemonade Swiftsticks Flavor
DENVER– Caliper, a leading brand of clinically substantiated dissolvable CBD powders, today announced its popular Swiftsticks product is unveiling a limited-edition lemonade flavor. As the weather heats up and summer is in full swing, the ...
Medterra Becomes The Leading CBD Brand in Grocery
IRVINE, Calif.,–Medterra, a leading brand in CBD, is now the best-selling brand in U.S. grocery stores nationwide. According to a recent SPINS report, the leading provider of retail data and insights, consumers are more aware of the ...
Missouri Medical Cannabis Sales Top $70M Sales Since October 2020
JEFFERSON, Mo.– Missouri's medical cannabis dispensaries sold nearly $16.4 million worth of cannabis products in June, bringing the yearly total in the state to more than $70 million. That’s according to the Missouri Medical Cannabis Trade ...
The Parent Co & Glass House Terminate $50 Million Cannabis Investment Deal
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that its previously announced conditional agreement to complete a $50 million strategic investment in GH Group, Inc, has been terminated by the parties effective today and the ...
Gage Growth Corp. and Wiz Khalifa’s Khalifa Kush Announce Partnership
DETROIT–Today, Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator in Michigan, announced their exclusive partnership agreement with multi-platinum-selling, GRAMMY Award and Golden Globe® Award-nominated recording artist Wiz Khalifa's brand, Khalifa Kush, to ...
Leading Psychedelic Wellness Company Delic Completes Acquisition of Ketamine Infusion Centers
VANCOUVER, BC– Delic Holdings, Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness company has completed its acquisition of Ketamine Infusion Centers LLC. KIC is a limited liability corporation in Arizona, which owns and operates two ...
The Valens Company Enters Agreement to Manufacture Beverages and Edibles for Gallery Brands
KELOWNA, BC,– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, announced today that it has entered a custom manufacturing agreement with Gallery Brands ("Gallery"), a premier cannabis brand house with a ...
California’s Largest Licensed Cannabis Wholesale Marketplace Nabis Secures $23 Million in Series B Funding
SAN FRANCISCO,– Nabis, a California's largest licensed cannabis wholesale marketplace platform, announced the company raised $23 million in a Series B funding round. The infusion of capital will support expansion of Nabis' online wholesaling business ...
Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category
NEWPORT BEACH–Kadenwood, a leading plant-based wellness company dedicated to fostering consumer trust and transparency, has raised $50 million of cash and media value in a Series B fundraising round with global purpose-led investment house The Craftory and Arcadian ...
Harborside Completes Acquisition of Sublime
OAKLAND–- Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced the completion of its previously announced acquisition of Sublimation Inc., an award-winning cannabis manufacturing company located in Oakland, CA, for ...
Leading Cannabis Law Firm Vicente Sederberg Launches ESG Practice
DENVER– Vicente Sederberg LLP, a leading national cannabis law firm, announced Tuesday it has formed an environmental, social, and governance practice aimed at helping the burgeoning cannabis and hemp industries become leaders in sustainability, corporate ...
Mexico Decriminalizes Cannabis Consumption For Personal Use
MEXICO CITY–Mexico's Supreme Court struck down laws which criminalized the recreational use of cannabis on Monday evening. While this falls far short of full supply chain legalization, Adults will be able to apply for permits to grow ...
USA’s 4th of July Weekend Cannabis Sales Forecast To Break Records
DENVER– The fourth of July is America's independence day. The U.S. national anthem, the 'Star-Spangled Banner,' recounts the famous battle of Fort McHenry, in the War of Independence and, since then, the day is famous ...
Pure Craft CBD Launches New Watermelon-Flavored Vegan CBD Gummies
SAN DIEGO–Pure Craft CBD, a CBD brand using nanotechnology to make premium bio-available products, is launching new watermelon-flavored vegan CBD gummies, perfect for the summer. A fan-favorite, Pure Craft CBD's gummies are vegan and come ...
Cannex Scientific Announces Agreement to Advance Commercialization of FDA-Regulated Cannabinoid Therapies
PITTSBURGH–Cannex Scientific Inc. a biopharmaceutical company focused on therapeutic discoveries in the area of cannabinoid medicine, today announced it has entered into a sponsored research agreement with Brigham and Women's Hospital. Cannex Scientific, through this ...
Schwazze Signs Definitive Agreement to Acquire Drift
DENVER–Schwazze, (OTCQX: SHWZ), announced signed definitive documents to acquire the assets of BG3 Investments, LLC dba Drift which consists of two cannabis retail stores located in Boulder, Colorado. This purchase continues Schwazze's expansion and growth plans ...
PharmaCann Completes $85 Million Senior Secured Note Offering
CHICAGO,– PharmaCann Inc., one of the largest vertically integrated cannabis companies in the United States, today announced that it has completed a private offering of 12% Senior Secured Notes due June 30, 2025. The net ...
Hollister Biosciences Inc. Announces Launch of Pre-Roll Production and Distribution in Arizona
VANCOUVER, BC–Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company is pleased to announce that it has commenced pre-roll production and distribution in Arizona to complement the Company's existing cannabis concentrate product suite in ...
Kiaro Holdings Corp Announce Q.1 Financial Results Ending April 2021
VANCOUVER, BC,–Kiaro Holdings Corp. (TSXV: KO) announced its first-quarter financial results for the three months ended April 30, 2021, and 2020. All amounts, unless specified otherwise, are expressed in Canadian dollars. "With the majority of our ...
High Tide Continues to Expand U.S. E-Commerce Presence Through Acquisition of Daily High Club
CALGARY, AB,–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it is taking another step towards solidifying ...
