Legal Affairs
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
Maryland Generates $72 Million in 2024 Recreational Cannabis Tax Revenue
LOS ANGELES- In 2024, Maryland collected over $72 million in sales tax revenue from recreational cannabis, as reported by state Comptroller Brooke Lierman. The state imposes a 9% sales tax on adult-use cannabis products, aligning ...
Netherlands Initiates Regulated Cannabis Sales Trial
LOS ANGELES- The Netherlands is advancing its regulated cannabis sales experiment, aiming to control the production, distribution, and sale of cannabis through a state-monitored supply chain. This initiative seeks to address issues arising from the ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Texas Senate Passes Bill to Ban Hemp THC
DALLAS–The Texas Senate has taken a major step toward banning consumable hemp products that contain THC or other intoxicating cannabinoids, a move that could severely impact an $8 billion industry employing approximately 50,000 workers. On ...
Rolling into Wellness 4 in 10 Californians Choose Cannabis, Study Reveals
LOS ANGELES - A comprehensive study conducted by the University of California, San Diego (UCSD) reveals that 37% of California adults are current marijuana users, with the vast majority reporting significant health benefits. Published in ...
US Cannabis Industry Poised to Top $123 Billion Economic Impact in 2025
LOS ANGELES–Despite mounting challenges, the U.S. cannabis industry is on track to generate a staggering $123.6 billion in total economic impact in 2025, according to new projections from the MJBiz Factbook. That’s a 9% increase ...
TerrAscend Exits Michigan Market; Bay City–Burton Dispensaries to Close
LOS ANGELES -TerrAscend Corp., a publicly traded multi-state cannabis operator, announced plans to exit its Michigan operations by September 2025. The decision includes closing 20 retail outlets, including dispensaries in Bay City and Burton, along ...
MJ Unpacked Announces Las Vegas Blues Brothers Concert Benefiting the Last Prisoner Project
LAS VEGAS– MJ Unpacked announces today a Blues Brothers concert benefiting the Last Prisoner Project. The concert will take place on Thursday, Oct. 21, 8:00 - 11:00 pm at The House of Blues at Mandalay Bay in Las Vegas. The ...
Innocan Pharma Announces Filing of Patent Application for Treatment and Prevention of Hair Loss
HERZLIYA, Israel–Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) filed a patent application for its topical composition for hair loss treatment. The patent application discloses and claims several compositions for topical administration comprising cannabinoid ...
Cannabis Delivery Company Emjay Launches on Apple App Store
LOS ANGELES– Emjay, a cannabis delivery and retail company, today announced its first iOS app, which is now available for download on the Apple App Store. Users can browse Emjay's store and manage their accounts ...
ManifestSeven Reports Financial Results for Second Quarter Fiscal Year 2021
IRVINE–ManifestSeven Holdings Corporation (CSE: MSVN; OTCMKTS: MNFSF), an omnichannel platform for legal cannabis, today announced financial results for its fiscal second quarter ended May 31, 2021. M7's second-quarter financial results reflect the continued demand for ...
Leading Cannabinoid Scientist Professor Raphael Mechoulam Celebrates His 92nd Birthday This Year
JERUSALEM–If ever there was a person who deserved a Nobel Prize in Chemistry, it's the famous Cannabis Scientist Raphael Mechoulam. On November 5th, 2022, Professor Raphael Mechoulam celebrates his 92nd birthday. The distinguished professor is ...
Tryp Therapeutics Announces Q3 2021 Financial Results
SAN DIEGO–Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, announced today its interim financial results for the three and ...
Numinus Wellness Closes Q3 2021 With $63.2 Million Cash Position, Lab and Trial Advances, and Strategic Expansion into Psychedelic Neurology
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its fiscal third quarter results ended May 31, 2021. In the third quarter, Numinus maintained a ...
Vertosa Announces U.S. Patent & Engages Emery Pharma To Help Develop Cannabis-Infused Products
OAKLAND–Vertosa, a science-first cannabis company that creates effective and reliable active ingredients for infused products, announced the United States patent for one of its core emulsion formulas. Validated by two years of use in the ...
Curaleaf International Launches Second Medical Cannabis Flower Product for UK Market
LONDON–Curaleaf International (formerly EMMAC Life Sciences Group), Europe’s largest vertically integrated cannabis company, is pleased to announce the launch of its second range of medical cannabis flower products for the UK market. The new products ...
Hemp Studies Underway at Colorado State University’s College of Agricultural Sciences with Charlotte’s Web’s CW Labs
DENVER–(TSX: CWEB) (OTCQX: CWBHF) Supporting sound scientific data is a priority for the market leader in full spectrum hemp extract wellness products, Charlotte's Web Holdings, Inc. The Company's CW Labs science division and Colorado State ...
Field Trip Health Commence Trading on the NASDAQ Today Under the Symbol FTRP
TORONTO–Field Trip Health Ltd. (TSX: FTRP; FTRP.WT; OTCQX: FTRPF), a global leader in the development and delivery of psychedelic therapies, announced today that it has received final approval from The NASDAQ Stock Market LLC to ...
Author Introduces ‘Cannabis the Cat’ Helping Teach Kids About Cannabis
CHICAGO–Jerry Frye officially announced the release of "Cannabis the Cat to the Rescue," a children's book written to help dispel the myths surrounding the use of the cannabis plant for medicinal reasons. Richly illustrated by ...
Newsom Signs Bill Creating State Department of Cannabis Control
The Department of Cannabis Control (DCC) was established on July 14th, following the signing of Assembly Bill 141. This action consolidates the three state cannabis programs into a single department. The creation of a standalone ...
Jane Technologies Enters Canadian Market Through Partnership with High Tide
SANTA CRUZ–Jane Technologies, Inc., a retail software company that created the leading online cannabis marketplace, today announced its expansion into Canada via a partnership with High Tide (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), which has one of the largest cannabis ...
CIA Office Building Famous During War On Drugs: Now A Cannabis Dispensary
ANN ARBOR–In a great twist of irony, a former Central Intelligence Agency (CIA) office in Michigan with deep cannabis roots is now home to a retail cannabis store, reports MLive.com JARS Cannabis, a retailer active ...
Emerald Health Therapeutics Launches Fuse Lifestyle Brand with Fast-Acting Cannabis-Infused Beverage
VANCOUVER–Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) introduced its new Fuse™ lifestyle brand and latest product line, the Nano Shot, a flavoured cannabis-infused beverage formulated with 10 mg of THC and a nanoemulsion formulation ...
Green Leaf Labs Helps Navigate New California Cannabis Regulations
SACRAMENTO– The Department of Cannabis Control (DCC) has officially taken the first of many steps involved in consolidating the regulators that oversee cannabis licensees. In doing so, the DCC focuses on licensing, inspecting, and regulating ...
Emerald Health Plans To Sell Closed Vancouver Cannabis Cultivation Facility
VANCOUVER, B.C. – Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) has retained BC Farm & Ranch Realty Corp., a real estate agent dedicated 100% to agricultural properties, to assist in the sale of its ...
Nextleaf Solutions Signs Agreement with BC Liquor Distribution for Sale of Brands
VANCOUVER, B.C.–Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to announce that it has ...
Cosmic Releases Extract Line Dedicated to Last Prisoner Project
SANTA ROSA–Cosmic today announced a new line of concentrates branded to increase awareness for the Last Prisoner Project (LPP), a non-profit organization dedicated to cannabis criminal justice reform. This multi-entity collaboration will provide 10% of gross sales to ...
