Legal Affairs
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES- Canopy Growth Corporation's stock declined by 9% to a historic low of $1.26 per share following the company's announcement to issue up to $200 million in new shares. This move aims to bolster ...
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
RIV Capital’s Revenue Doubles Amid New York Cannabis Market Expansion
LOS ANGELES- RIV Capital Inc. reported a significant increase in net revenue for the third quarter ending September 30, 2024, achieving $4.9 million—a 28% rise from the previous quarter and a 186% surge compared to ...
Cannabis Industry Faces Rising Threat of Ransomware Attacks
LOS ANGELES- The cannabis industry is increasingly becoming a target for ransomware attacks, with the Everest Ransomware group recently focusing on this sector. In November 2024, two cannabis operators were listed as victims on Everest's ...
Michigan Transfers Hemp Regulation to USDA
LOS ANGELES- Michigan has concluded its state-managed industrial hemp program, transitioning regulatory oversight to the U.S. Department of Agriculture (USDA) effective January 1, 2025. This shift, prompted by the enactment of House Bill 5977, dissolves ...
Psychedelic Drugs Market Poised for Growth: From $0.7B in 2022 to $2.6B by 2032
The global psychedelic drugs market is projected to expand from $0.7 billion in 2022 to $2.6 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.4%.According to Allied Market Research This growth is ...
Andy Kovtun Joins Highly Capitalized Network-HCN to Drive Engaging Content Creation
FOR IMMEDIATE RELEASE LOS ANGELES – Highly Capitalized Network-HCN, a leading source of financial news and market insights for the cannabis and psychedelics industries, proudly welcomes Andy Kovtun to its team. With a strong background ...
Canopy Growth’s Stock Declines Amid Share Sale Plans
LOS ANGELES- Canopy Growth Corporation's stock declined by 9% to a historic low of $1.26 per share following the company's announcement to issue up to $200 million in new shares. This move aims to bolster ...
Massachusetts Cannabis Sales Surpass $8 Billion
LOS ANGELES- Massachusetts' legal cannabis industry has achieved significant milestones since the commencement of adult-use sales in November 2018. As of December 2024, adult-use marijuana establishments have reported cumulative gross sales exceeding $7 billion. When ...
ArthroCBD Shares Study’s Findings for Arthritis Awareness Month
BOULDER–Arthritis is one of the most widespread health conditions in the United States and affects one in four adults, according to the CDC. That's over 54 million men and women. There are common misconceptions around ...
4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update
PHOENIX –4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the first quarter ended March 31, 2021. First Quarter 2021 ("Q1 2021") Financial ...
GrowGeneration Acquires The Harvest Company, Expands Footprint in California’s Emerald Triangle
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced its acquisition of The Harvest Company, a northern California-based hydroponic supply center and cultivation design innovator with stores in Redding ...
WEEDCon Cup Awards Best Cannabis Products for 2021
LOS ANGELES–On Friday May 21st, the 6th WEEDCon Cup awards took place in Los Angeles, CA awarding for excellence in cannabis products for Best Flower, Concentrate, Extract, Edible, Beverage, Tincture, Topical, Best Product and Best Dispensary. The WEEDCon ...
The European Patent Office Grants Cannabics Patent For Personalized Medicine Drug Discovery Technology
TEL AVIV–Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a developer of cancer related cannabinoid-based medicine, announced today that the company's patent titled: "System and Method for High Throughput Screening of Cancer Cells" has been granted by the European Patent Office. ...
Humble Introduces CBD Product Line Designed For An Active Lifestyle
THOUSAND OAKS– Humble Specialty Products, LLC, the company behind Humble Hemp Wraps, announced its newest hemp-derived product line. Created with life enthusiasts in mind, Humble CBD products are designed to serve as everyday essentials for the ...
DEA Announces Intent to License Cannabis Growing Applicants
WASHINGTON, D.C.– After years of delays, stonewalling and procrastination, the US Drug Enforcement Administration has publicly announced its intent to grant cannabis cultivation licenses to a handful of third-party applicants, according to reporting by Norml, a leading ...
Medical Cannabis Approved for Production and Sale in Greece
Athens–The Greek Parliament voted in favor of a bill to legalise the cultivation and sale of medical cannabis. The bill, which was proposed by the main opposition party Syriza, got 158 votes for and 33 ...
10 Cannabis Events Cannabis Investors Must Attend in 2021
OAKLAND–For the booming cannabis space, networking opportunities are crucial for long-term success. Trade shows, conferences, and parties celebrating all things industry are a beloved part of doing business. And while the COVID-19 shifted many events ...
The Arcview Group And Oaksterdam University Partner To Offer Cannabis Investment Workshops
OAKLAND, Calif., – A partnership ‘first,’ The Arcview Group has collaborated with Oaksterdam University (OU) to create a new course titled How to Raise Funds for Your Cannabis Business. Offering an in-depth study of fundraising within the cannabis industry, ...
Nextleaf Awarded U.S. Patent for Method to Increase CBD Concentration in Hemp Biomass
VANCOUVER, B.C.–Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), a cannabis extractor, announced that the United States Patent and Trademark Office has granted the Company a patent to a method for refining raw cannabis plant material, ...
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, CBD and vaporization device company announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha ...
Woven Science Launches Psychedelic Care Platform With $8.5M Seed Financing
NEW YORK–Renewed scientific interest in psychedelic medicine is generating a deeper understanding of the pharmacologic substances and practices that humans have long used for ceremonial, therapeutic and cultural purposes. "We're excited by the potential for ...
Herbarium Hosts The CBX Takeover For The Last Prisoner Project
LOS ANGELES–Herbarium is officially partnering with CBX to fundraise for The Last Prisoner Project and advocate for the decriminalization of cannabis. CBX Takeover, presented by Herbarium and CBX, will be held May 28th, 2021 in ...
BOLD Receives Cannabis Oil Sales License From Health Canada
SASKATOON–BOLD Growth Inc., a licensed producer based in Saskatchewan is pleased to announce it has been granted a license from Health Canada to sell cannabis oil products, effective May 12, 2021. This license will allow ...
Delta 8 THC is a Fun Version of Weed – Ministry of Hemp’s Podcast #61
LOS ANGELES–The Ministry of Hemp's 61st episode saw the host Matt sit down with Jordan Lams, the CEO of Moxie, a Long Beach-based marijuana cultivation and manufacturing company. The duo wanted listeners to know how it feels ...
Prima Closes $9.2 Million Seed Plus Financing
LOS ANGELES–The Uplifters' Prima, PBC a purpose-driven brand focused on science-backed plant therapeutics and cannabinoids, today announced the close of a $9.2 million Seed Plus financing led by leading institutional venture firms Greycroft, H Ventures, Defy, and Lerer ...
Flash Report: Memorial Day Weekend Cannabis Sales Predicted To Reach $238M
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise resource planning (ERP) software technology platform, predicts that Memorial Day weekend will be high grossing for the cannabis retail industry, with approximately $238,000,000 in adult-use and medical ...
Charlotte’s Web Unveils New In-Store Displays As Retail Rebounds
BOULDER–Consumers are finally returning to in-store shopping for their health and wellness needs. Charlotte's Web Holdings Inc., today unveiled two retail innovations: a first-to-market high tech in-store kiosk that doubles as an educational resource for ...
Cannibble Enters Canadian Cannabis Edibles market
ROSH HAA'YIN, Israel–Cannibble FoodTech Ltd an Israeli Foodtech start up, announced that it reached an agreement to develop a new line of CBD infused shakes with one of Canada's leading Cannabis companies. Cannibble will develop ...
Stability Cannabis Close $44 Million Series A Funding Round
OKLAHOMA CITY–Cannabis cultivator and distributor Stability Cannabis has successfully closed a $44 million series A funding round; acquires minority equity position in Missouri cannabis operation. "The accelerating growth and profitable operating profile of Stability Cannabis ...
Panaxia And Leriva Announce Exclusive Cannabis Collaboration In Greece
ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, ...
Cookies and WebberWild Join Forces to Launch Cookies U
HUMBOLDT–Cookies' Social Impact Program, an initiative by international cannabis brand COOKIES dedicated to creating a more equitable and accessible cannabis industry, and WebberWild Impact Foundation "WebberWild," a non-profit organization that funds education and training for persons ...
