Legal Affairs
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Maine Proposes Mandatory Testing for Medical Cannabis
LOS ANGELES- A new bill introduced in the Maine Legislature seeks to implement mandatory testing for medical cannabis products, aligning them with the state's existing standards for recreational cannabis. Sponsored by Representative Marc Malon and ...
What You Need to Know About Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
A Celebration of Cannabis Culture and Commerce: Hall of Flowers Returns to Ventura
LOS ANGELES-Hall of Flowers, one of America’s premier cannabis trade shows, founded in 2018, is poised to make a grand return to the Ventura County Fairgrounds on March 19-20, 2025. This event has become a ...
What You Need to Know About Capital Investment Strategies
LOS ANGELES—Every CFO needs to know that strategic capital investment in the cannabis and psychedelic industries requires a nuanced approach that balances innovation, risk management, and potential. As the market continues to transform and unfold, ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
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 ...
The Parent Company Expands California Retail Footprint
SAN JOSE, Calif.,–The Parent Company or TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has signed a definitive agreement to acquire 100% of the equity of Calma West Hollywood, an operating dispensary ...
ManifestSeven Announces Strategic Review of Operations
RVINE, Calif.,– Manifest 7 Holdings Corporation (CSE: MSVN; OTCMKTS: MNFSF), an omnichannel platform for legal cannabis, announced that it has initiated a strategic review process to explore, review and evaluate a broad range of potential ...
Former Grassroots Cannabis Co-Founder Rejoins Cannabis Industry As CEO of Big Plan Holdings
CHICAGO–Joshua Joseph, one of the former Co-Founders of Grassroots Cannabis - which sold to Curaleaf for $850 million in July 2020 - has officially returned to the cannabis industry. Joseph, along with a partner, recently entered the Maine cannabis market with ...
Tikun Olam-Cannbit Takes Another Step Into The Pharmaceutical Arena
TEL AVIV–Tikun Olam Cannbit (TASE: TKUN) reports acquisition of 20% of the leading Femtech company Gynica, developer of cannabinoid-based solutions for women's health. Tikun Olam-Cannbit today reported an estimated NIS 5 million agreement for investment in 20% of the ...
Curaleaf Expands Presence in New Jersey with New Dispensary and Cultivation Facility
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced the opening of Curaleaf Edgewater Park, the Company's second dispensary in New Jersey and 107th ...
Humble & Fume Appoints Chief Executive Officer Joel Toguri From Supreme Cannabis
TORONTO–Humble & Fume Inc. (CSE: HMBL), an integrated cannabis and distribution platform in North American, announced today the appointment of Joel Toguri as Chief Executive Officer, effective July 5, 2021. "Armed with significant leadership experience ...
GoldCann Announces Acquisition of Land in Mexico for Cannabis Extraction and Production Facility
TORONTO–Goldcann International Inc., a Canadian corporation headquartered in Toronto, Ontario, is announcing the acquisition by its Mexican subsidiary, Goldcann S.A. de C.V., of 14,000 square meters of land near Mazatlan, on the Pacific coast of ...
Rhode Island Senate Approves Legalizing Cannabis For Adults
PROVIDENCE–The Rhode Island Senate approved legalizing recreational cannabis use for adults on Tuesday. This is the first time either chamber of the state Legislature has voted on a bill to legalize cannabis. (Providence, Rhode ...
Charlotte’s Web Appoints Former Canopy Growth Executive, Tim Saunders, to Board of Directors
DENVER–Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), a market leader in hemp CBD extract products, announced the appointment of Tim Saunders to its Board of Directors. Tim Saunders was Chief Financial Officer of Canopy Growth ...
Cannabis Website Leafly To Raise $30 Million In Fresh Funding
LOS ANGELES–Cannabis marketplace Leafly is raising $30 million in a fresh funding round, it said in a filing on Wednesday, as the world’s biggest cannabis-related website taps strong investor appetite for companies in the burgeoning ...
Yooma to Cease Operations in China Due to New CBD Regulations
TORONTO–Yooma Wellness Inc. (CSE: YOOM), a Toronto-based vertically integrated global wellness platform that develops and markets a portfolio of wellness brands, today announced that it will be discontinuing its operations in China, effective immediately. The decision comes ...
New Female-founded Wellness Brand, House Of Wise, Raises $2M
MIAMI–Today, new female-founded CBD brand House of Wise announces a $2M seed funding round to improve the lives of women everywhere through community, content, and trustworthy CBD products. Building a brand in the face of adversity, House of ...
CannaCraft Launches Gem + Jane in California
SANTA ROSA, Calif.,–CannaCraft, a large-scale cannabis manufacturer and innovator in beverage and cannabis emulsion technology, has launched its new brand Gem + Jane: the women-focused sparkling botanical beverage that blends simple ingredients with microdoses of rare ...
Little Green Pharma Accelerate Growth With Acquisition of World-Class Production & Manufacturing Facility in Denmark
PERTH, Australia–Little Green Pharma Ltd (ASX: LGP) has acquired a world-class, fully-operational, GMP medicinal cannabis cultivation and manufacturing facility in Denmark from Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC). The facility, located in Northern Odense, has the capacity to produce in excess ...
A LIFE IN A DAY: Jeffrey Welsh: Cannabis Industry Personalities
JEFFREY WELSH is a partner at Vicente Sederberg LLP, the main attorney group in cannabis. For over 10 years, Vicente Sederberg LLP have been at the cutting edge of cannabis laws. Vicente Sederberg are also ...
Connecticut to Legalize Regulate And Tax Cannabis For Adult Use
HARTFORD, Conn. — State lawmakers passed a bill Thursday to legalize, regulate, and tax cannabis for adult use. Gov. Ned Lamont (Democrat) said he will sign S.B. 1201 into law, making Connecticut the 19th state ...
Plant&Co Announces Uplisting to OTCQB Market
TORONTO–Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF), a health and wellness company curating plant-based foods, announced that its common shares will commence trading on the OTC Markets Group's OTCQB Venture Market in the ...
