Legal Affairs
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
New Hampshire Governor Maintains Opposition to Cannabis Legalization
LOS ANGELES- New Hampshire Governor Chris Sununu continues to oppose the legalization of recreational cannabis, even as the state's House of Representatives advances related legislation. In February 2025, the House passed House Bill 360, which ...
Gold Flora Corporation Files for Voluntary Receivership
COSTA MESA, Calif. , March 27, 2025 /CNW/ - Gold Flora Corporation ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM), a cannabis company with subsidiaries operating across California, today announced that it filed for a voluntary receivership pursuant under ...
Federal Cannabis Trafficking Cases Reach Record Low
LOS ANGELES- The U.S. Sentencing Commission's 2024 Sourcebook of Federal Sentencing Statistics reveals a continued decline in federal cannabis trafficking cases. In 2024, fewer than 500 individuals were charged, marking a significant decrease from nearly ...
Blueberries Medical Corp. Secures C$1.05 Million in Private Placemen
LOS ANGELES- Blueberries Medical Corp, a Latin American producer of medicinal cannabis and cannabis-derived products, has announced a non-brokered private placement, raising approximately C$1.05 million (US$740,000). The financing involved the sale of 96,064,935 common shares ...
Clampdown on Australian Medicinal Cannabis Prescribing Raises Questions on Effectiveness
LOS ANGELES- Health regulators in Australia recently issued reinforced guidance aimed at improving prescribing standards for medicinal cannabis, reflecting growing concerns over patient safety and industry conduct. The Australian Health Practitioner Regulation Agency (AHPRA), along ...
The Senator Who Legalized Consumable Hemp Now Wants to Ban It
WASHINGTON, D.C.–Senator Mitch McConnell (R-KY), once hailed as the architect of federal hemp legalization under the 2018 Farm Bill, is now backing efforts that could dismantle the very market he helped create. Industry insiders say ...
Canadian Court Sides with Psychedelic Therapy Advocates in Psilocybin Exemption Case
LOS ANGELES- A Canadian federal court has ordered Health Canada to revisit its denial of psilocybin exemptions for health-care professionals, marking a significant development in the country’s evolving drug policy landscape. The ruling stems from ...
Goodness Growth Holdings Opens Two Additional Green Goods Cannabis Dispensaries in New Mexico
MINNEAPOLIS-- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that it has officially opened two new Green Goods® cannabis dispensaries in the state of ...
Captiva Verde Cancels Proposed Acquisition of Binovi Technologies
Coquitlam, British Columbia--On Monday Captiva Verde announced they were no longer interested in pursuing the acquisition of Binovi Technologies Corp. Cautionary Note Regarding Forward Looking Information This release includes certain statements that may be deemed ...
The Valens Company’s Subsidiary Green Roads Enters Third-Party Distribution Agreement with Tele Marche Co., Ltd. for the Offering of Award-Winning CBD Products in Japan
KELOWNA, BC- - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that its subsidiary Green Roads has entered into a third-party distribution agreement with Tele Marche Co., Ltd. ...
FDA Rules Against CBD-Containing Supplements
WASHINGTON — The possibility of the Food and Drug Administration allowing cannabidiol (CBD) in foods, beverages and dietary supplements failed to move forward when the FDA rejected two new dietary ingredient (NDI) notifications for full-spectrum ...
ALT Cannabis Announce Agreement with Grow Group for Expansion into European Medical Cannabis Markets
LOS ANGELES–Pioneering liquid cannabis company ALT (Advanced Liquid Technology), announced it has entered into an agreement with Grow (Grow Group Plc) to market and distribute ALT’s proprietary, fast-acting, liquid medical cannabis products across Europe. ALT ...
Eaze To Acquire Multi-State Retail Leader Green Dragon, Creating Nation’s Largest MSO Delivery & Biggest California-Headquartered MSO
SAN FRANCISCO--Eaze, the nation’s largest cannabis delivery marketplace, and multi-state retail leader Green Dragon announced they have reached an agreement to provide service to customers and patients in California, Colorado, Michigan, and Florida. The combined ...
Christian Sederberg of Vicente Sederberg to Speak On U.S. Legalization at Cannabis Conference 2021
VS Founding Partner Christian Sederberg will join Steven Hawkins and Rezwan Khan for an insightful panel about federal cannabis legalization efforts at Cannabis Conference on August 25, 2021 at 1:30 p.m. Federal Cannabis Legalization In The United States: What ...
Item 9 Labs Corp. Reports Record Third Quarter FY 2021 Financial Results
PHOENIX -- Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products, today reported operating and financial results for the three months ended June 30, 2021, ...
Cann Launches Cannabis-Infused, Caffeinated Social Tonic
LOS ANGELES-- Cann, today announced Passion Peach Mate, a caffeinated cannabis beverage designed in collaboration with musician and Cann investor Tove Lo, Sweet Flower and Airfield Supply Co. Inspired by the popularity of vodka ...
Clearmind Medicine Commences Trading on the Frankfurt Stock Exchange
Toronto, Ontario-- Clearmind Medicine Inc. (CSE: CMND), a psychedelic medicine biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and undertreated health problems, is pleased to announce the listing ...
Canadian Cannabis Firm Tilray Acquires Majority of MedMen Debt
NEW YORK & LOS ANGELES–Tilray, Inc. (Nasdaq l TSX: TLRY), Tilray and MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), today announced that Tilray has acquired the majority of the outstanding senior secured convertible notes of ...
The Parent Company Appoints Troy Datcher to Serve as New Chief Executive Officer
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, today announced that it has appointed Troy Datcher to serve as the Company's new Chief Executive Officer, effective Sept 8th. Datcher's historic ...
Nation’s Largest Event for Black Cannabis Professionals Returns, Kicks Off in New Orleans from November 18-20
NEW ORLEANS–Black CannaBusiness Magazine, the premier publisher of B2B content for African Americans doing business in the cannabis industry, is pleased to announce the second annual Black CannaConference & Expo (“Black CannaCon”), the only B2B ...
Nearly Half of U.S. Adults Have Tried Cannabis
WASHINGTON, D.C. -- The percentage of U.S. adults who say they have tried cannabis has ticked up to 49%, the highest Gallup has measured to date. More than 50 years ago, just 4% said they ...
Village Farms Enters U.S. CBD Market with $75 Million Acquisition
VANCOUVER, BC–Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals ("Balanced Health") in a transaction valued at US$75 million, effective today. Balanced Health owns ...
Ex-Army Captain Inspires Service Members to Pursue Entrepreneurship After the Military
WEST PALM BEACH, Fla.,–The United States military can only hold on to its' service members for so long before they go in their own directions. Even the most esteemed General Officers need to find a life ...
The Parent Company Reports Second Quarter 2021 Financial Results
SAN JOSE, Calif., -- TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today reported financial results for the second quarter ending June 30, 2021. All amounts are expressed in U.S. dollars. Q2 2021 Financial Highlights Net ...
4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update
PHOENIX, Ariz., -- 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) , a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2021. All financial information ...
Schwazze Announces Second Quarter Results
DENVER, Schwazze, (OTCQX: SHWZ), announced financial results for its second quarter year ended June 30, 2021. Financial Summary for Q2 2021: Revenues of $30.7 million grew 467% over Q2 2020 and 58.9% over Q1 2021 Gross Margin ...
Glass House Brands Reports Second Quarter 2021 Financial Results
LONG BEACH, Calif. and TORONTO -- Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U), avertically integrated cannabis and hemp company in the U.S. today reported financial results for its second quarter ending June 30, 2021. ...
Radiant Canna Raises $6M, Targets Multi-State Expansion
SANTA ROSA, Calif.-- Radiant Canna, a provider of cannabis manufacturing, distribution and tech solutions to independent brands, announced today that it closed a $6M Seed Round investment. CEO and Co-Founder Aaron Selverston said in making ...
Ayr Wellness Enters the Cannabis-Infused Beverage Market with Proposed Acquisition of Levia
NEW YORK -- Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF), a vertically integrated cannabis multi-state operator, has announced that it has entered into a binding letter of intent to acquire Cultivauna, LLC, the owner of ...
MariMed Reports Second Quarter 2021 Earnings
NORWOOD, Mass.-- MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended June 30, 2021. Q2 2021 Financial Highlights Reported ...
Tikun olam-Cannbit continues to expand its footprint in the pharmaceutical arena
TEL AVIV, Israel -- Tikun-Olam Cannbit (TASE:TKUN) reported the first and exclusive partnership of its kind with Wavelength, an Israeli company that develops, manufactures, and exports active pharmaceutical ingredients (APIs) for the pharmaceutical industry, to over 280 pharmaceutical companies ...
RIV Capital Reports First Quarter Fiscal Year 2022 Financial Results
TORONTO, "Throughout the first quarter, we remained focused on identifying and evaluating opportunities in the US cannabis market," said Narbé Alexandrian, President and CEO, RIV Capital. "Last week's announcement of a US$150 million investment ...
