Legal Affairs

Ex-Curaleaf Executive Files Suit Alleging Ignored Warnings on Inventory Shortfalls at Illinois Facility

LOS ANGELES – A former compliance director for Curaleaf Holdings Inc. has filed a federal lawsuit accusing the Cannabis MSO of overlooking repeated alerts about missing inventory and unlicensed pesticide applications at its Illinois cultivation ...

Alcohol Trade Group Welcomes Hemp-Derived THC Beverage Maker as First in Category

WASHINGTON – The Wine & Spirits Wholesalers of America (WSWA), a key advocacy organization for the beverage alcohol distribution sector, has accepted CannaBuzz, a Kentucky-based producer of hemp-derived THC drinks, as its inaugural associate member ...

Verano Secures $75M Credit Agreement

CHICAGO – Verano Holdings Corp. has finalized a $75 million revolving credit facility, drawing $50 million immediately to pay down higher-cost debt and leaving $25 million on tap for future needs. The deal, arranged by ...

Mike Tyson Urges Trump to Act on Cannabis Reform

LOS ANGELES- Boxing legend Mike Tyson, alongside athletes including Kevin Durant and Dez Bryant, has urged former President Donald Trump to pursue federal cannabis reform after accusing President Joe Biden of failing to deliver on ...

California Lawmakers Omit Cannabis Tax Relief from 2025 Budget

LOS ANGELES- California legislators did not include a freeze on the planned cannabis excise tax increase in the state’s 2025–26 budget, declining last-minute proposals to maintain the current 15% rate. The absence of this relief ...

AYR Wellness Delays Q1 2025 Filing

LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator in the U.S., has reported a delay in filing its interim financial statements, MD&A, and related CEO/CFO certification for the quarter ended March 31, ...