Legal Affairs
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
New Mexico Advances Medical Psilocybin Legalization Efforts
LOS ANGELES- The New Mexico Senate has approved the Medical Psilocybin Act (Senate Bill 219), a bipartisan initiative aimed at establishing a regulated program for the therapeutic use of psilocybin, the psychoactive compound found in ...
Utah Poll Indicates Majority Support for Recreational Cannabis Legalization
LOS ANGELES- A recent survey conducted by Noble Predictive Insights reveals that 52% of registered Utah voters are in favor of a ballot initiative to legalize cannabis for recreational use, while 38% oppose it, and ...
Colorado Legal Cannabis Market Sees Sustained Growth Through 2030
LOS ANGELES- A recent industry report estimates that Colorado’s legal cannabis market, valued at approximately USD 2.59 billion in 2024, is projected to expand at a compound annual growth rate (CAGR) of 12.9% between 2025 and 2030—reaching ...
Curaleaf Takes Full Control of European Arm in Bold Strategic Move
LOS ANGELES - In a major development out of the cannabis industry, Curaleaf Holdings, Inc. (TSX: CURA, OTCQX: CURLF) has just announced it’s taken full ownership of Curaleaf International, buying out its minority partner’s stake ...
Cannabis Reform Stalls, Former Republican Calls for Action
LOS ANGELES - Former Rep. Earl Blumenauer (D-OR), renowned for his decades-long advocacy for cannabis reform, is sounding the alarm over the Trump administration’s failure to advance federal cannabis policy. The retired congressman, who co-founded ...
Leafly To Go Public Through Business Combination With Merida Merger
SEATTLE and NEW YORK, Aug. 9, 2021-- Leafly Holdings Inc., the online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) , a special purpose acquisition company sponsored by ...
Akerna Announces Financial Results for the Second Quarter 2021
DENVER–Akerna (Nasdaq: KERN), an enterprise software technology provider and developer in the cannabis industry, today reported its unaudited financial results for the quarter ended June 30, 2021. "Our second quarter results continued the momentum in ...
A LIFE IN A DAY: Luc Van Poelje: Psychedelic Industry Personalities
LUC VAN POELJE is the founder of Psychedelic Insights. Luc is their lead psychedelic guide, working with patients who come to him to find solutions. Solutions to often intractable mental health issues. Based in the ...
Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings
CHICAGO–Green Ivy Capital, LLC, an affiliate of Chicago Atlantic Advisers, LLC, announced today it funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term ...
Sourcelight Combines CBD and Immunity Support in an All Natural, Sugar-Free Lollipop
NEW YORK–Everyone one loves lollies and everyone likes to feel great! To meet growing consumer demands for healthy, functional, all natural products, Feel Well Lollys developed a low calorie treat that delivers a powerful 50mg ...
US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair
DENVER–Akerna (Nasdaq: KERN), an enterprise software platform today announced Jessica Billingsley, the company's co-founder, CEO, and Chair of the Board, has been elected Chair of the US Cannabis Council (USCC), a coalition of leading cannabis ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor cultivation capacity, ...
Ziese Farms & Rodale Institute Launch Hemp Food Research
LOS ANGELES–Ziese Farms announces a hemp research partnership and patent licensing agreement with the Rodale Institute, a leader and pioneer in organic farming. Ziese Farms is a leading hemp food company that has achieved first ...
Psychedelics Hit Mainstream: 10 Celebrities that Treated with and Entered the Psychedelic Industry
MIAMI–Cannabis has been the gateway to legalization of plant medicine. It took a long time for cannabis to make it out of the prohibition closet at a state level, and as we see, it’s still ...
Jushi Holdings Inc. Receives $14.4 million Interim Arbitration Award
BOCA RATON, Fla., July 30, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that the American Arbitration Association awarded $14,364,920.10 to Jushi FL SPV, LLC (“Jushi ...
Cannara Biotech Inc. Reports First Quarterly Profit
MONTREAL--Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two Quebec-based mega cultivation facilities spanning over 1.65 million sq. ft., announced today its third ...
Petalfast Partners with Nabis to Exclusively Service its Complete Portfolio of Brands
OAKLAND, Calif., -- Petalfast, a sales and marketing agency for the cannabis industry announced today an exclusive partnership with Nabis, a licensed cannabis wholesaling platform. By leveraging Nabis' statewide network and technology tools, it is ...
True Leaf Completes Inaugural Cannabis Harvest
Vernon, British Columbia-- True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) has announced the completion its first harvest of premium craft cannabis. The Company is reported to have produced a small-batch cultivation ...
The Parent Company Strengthens California Retail Footprint
SAN JOSE, Calif --TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has acquired an operating retail dispensary located in Ceres, California from the owners of Jayden's Journey. Terms of the transaction were ...
Houseplant and Canopy Growth to Conclude Their Strategic Relationship in Canada
TORONTO–After three years of a successful joint venture, Houseplant and Canopy Growth Corporation have mutually agreed to end their relationship. The Canadian cannabis market has evolved substantially during this period, and the parties believe the ...
