Legal Affairs
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Awakn Life Sciences Secures $535,000 Credit Facility to Advance Addiction Treatment Programs
LOS ANGELES - Awakn Life Sciences Corp. a clinical-stage biotechnology company focusing on treatments for substance use and mental health disorders, has secured an unsecured credit facility of up to US$535,000 from an arm's length ...
Massachusetts Adult-Use Cannabis Sales Reach Record $1.64 Billion in 2024
LOS ANGELES- In 2024, Massachusetts' adult-use cannabis industry achieved a record $1.64 billion in gross sales, marking a significant milestone since the state's first recreational dispensaries opened in November 2018. The Massachusetts Cannabis Control Commission ...
Nebraska Medical Cannabis Bills Propose Vertical Integration with License Caps
LOS ANGELES- Nebraska lawmakers have introduced legislative proposals to implement the state's recently approved medical cannabis laws. The proposed regulations include provisions for vertical integration and impose caps on the number of licenses issued. Under ...
European Citizens Launch Initiative to Promote Psychedelic-Assisted Therapies
LOS ANGELES- A coalition of healthcare professionals, academics, and advocates has initiated the PsychedeliCare European Citizens' Initiative (ECI), aiming to enhance access to psychedelic-assisted therapies across the European Union. The campaign seeks to collect one ...
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
Legalization Significantly Reduces Canada’s Illicit Cannabis Market
LOS ANGELES- Recent analyses indicate that Canada's legalization of non-medical cannabis in 2018 has substantially shifted consumer spending from illicit to legal markets. Studies report that within five years of legalization, approximately 75% of cannabis ...
New York Cannabis Policy Faces Criticism Amid Regulatory Challenges
LOS ANGELES- Boris Jordan, CEO of Curaleaf Holdings Inc., a multi-state cannabis operator, has publicly criticized New York Governor Kathy Hochul and state cannabis regulators, alleging that current policies are detrimental to established medical cannabis ...
Simpson Foundation Announces Successful Product Launch of Rick Simpson Oil (RSO)
SAN FRANCISCO–Simpson Foundation, Inc, which operates, and partners with university research centers across the United States, is pleased to announce their lab tested, A-grade formula of Rick Simpson Oil (RSO). Famously favored California Rick Simpson ...
GrowGeneration Launches E-Commerce Platform, Introduces Buy Online, Pick Up in Store
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced the launch of GrowGeneration.com. The company's newly redesigned e-commerce platform now includes the option to Buy Online Pickup in Store. ...
Native Roots Launches Clean Stock Program in Colorado With Front Range Biosciences
BOULDER–Front Range Biosciences, a cannabis and hemp genetics platform company, announced today plans to begin a partnership with Colorado's leading medical and adult use cannabis operator, Native Roots Cannabis Co. Under the agreement, Native Roots ...
Choom Announces Q3 2021 Results
VANCOUVER, B.C.– Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company is pleased to report its financial and operating results for Q3 2021, ending March 31, 2021. Q3 Financial Highlights: Q3 2021 Revenue ...
WeedMD and CannTx Life Sciences Create a Cannabis Cultivation and Consumer Product Portfolio
TORONTO– WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally licensed producer and distributor of medical-grade cannabis is pleased to announce it has signed a Letter of Intent to acquire all of the issued and outstanding shares of renowned ...
Emerald Health Therapeutics Reports 2021 First Quarter Financial Results
VANCOUVER, B.C., Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) released its financial results for the three months ended March 31, 2021. "In the year to date, our renewed business plan has become more visibly ...
Harborside Announces Agreement to Acquire Sublime for US$43.8 Million
OAKLAND, CA– Harborside (CSE: HBOR) (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced it has signed a definitive agreement to acquire 100% of the issued and outstanding equity of Sublimation Inc. whose brand ...
Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results
VANCOUVER, BC–Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 95 dispensaries throughout Arizona, today reported its financial and operating results for ...
Nextleaf Solutions Provides Q2 Update
VANCOUVER, B.C., Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor, provided shareholders with the following commercial update and comments on its second-quarter results: Nextleaf Provides Commercial Update Nextleaf announced that subsequent to ...
WILD HEMP Hemp Cigarillos Expand Sales Through Retail
DALLAS–WILD HEMP expanded its portfolio of hemp smokeables with the launch of five new flavored hemp Wild Hemp Cigarillos offerings. Made in the USA from high quality certified US-grown hemp flower, hemp-wrapper, and hemp-flavors, the Wild Hemp ...
Green Thumb Closes on Acquisition of Massachusetts Cannabis Operator Liberty Compassion Inc.
CHICAGO–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, today announced that it has closed on an acquisition of Liberty Compassion, Inc., a Massachusetts-based ...
Cresco Labs Announces First Quarter 2021 Financial Results
CHICAGO–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ), a vertically integrated multistate operator and a wholesaler of branded cannabis products, today announced its financial results for the first quarter ended March 31, 2021. First ...
Bill to End Federal Cannabis Prohibition Reintroduced in U.S. House of Representatives
Washington, D.C. — On Friday, Rep. Jerrold Nadler (D-NY) reintroduced the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act. If enacted, the MORE Act would end the federal prohibition of cannabis by removing it from the Controlled ...
The Modern Cannabis Group’s Budtenders Join Teamsters Union
CHICAGO–Budtenders at Modern Cannabis (MOCA) in the River North neighborhood of Chicago have voted overwhelmingly to join Teamsters Local 777 – the first group of cannabis workers to do so. "Congratulations to our newest members," ...
Gage Growth Corp. Announces First Quarter 2021 Results
DETROIT–Gage Growth Corp. (CSE: GAGE) a leading high-quality cannabis brand and operator in Michigan, today reported its financial results for the three months ended March 31, 2021. All currency references used in this press release ...
Khiron Life Sciences Reports First Quarter 2021 Financial Results
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated cannabis group with core operations in Latin America and Europe, announced today its financial results for the quarter ended March 31, 2021. ...
C21 Investments Announces Year End Results
VANCOUVER, BC–C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF), a vertically integrated cannabis company, today announced unaudited results for its fiscal year ended January 31, 2021. Fiscal Year Financial Highlights (USD: February 1, 2020 to January 31, ...
Harvest One Reports Q3 2021 Financial Results
VANCOUVER, B.C.–Harvest One Cannabis Inc. (TSXV: HVT) (OTCQB: HRVOF), a cannabis-infused CPG compant, with brands LivRelief and Dream Water products, announced its fiscal Q3 financial and operating results for the three and nine months ended March ...
Cannabis Extract Market Size Expected To Reach $28.5 Billion By 2027
PALM BEACH–Cannabis extracts have gained wide recognition in recent years and are expected to provide impetus to cannabis market growth. Growing legalization of cannabis in various countries, preference for cannabis oil and tinctures, and adoption ...
Silver Spike III Acquisition Corp. Announces Completion of $125M IPO
TORONTO–Silver Spike III Acquisition Corp. (NEO: SPKC.UN.U) announced the closing of its initial public offering of 12,500,000 Class A restricted voting units of the Corporation at an offering price of U.S.$10.00 per Class A Restricted ...
10 Women Cultivators and Business Owners in Cannabis & The Importance of Supporting Them And Others
MIAMI –The world is male dominated and it shouldn’t be. Women are definitely the backbone and magic in every society in every nation. The two highest IQ scores in history belong to women. In 2018, ...
Nova Cannabis Added to the NYSE-Listed Cannabis ETF “THCX”
EDMONTON, AB– Nova Cannabis Inc.(TSXV: NOVC), is pleased to announce today that it has been added to the Cannabis ETF (NYSE: THCX), an exchange traded fund listed on the NYSE Arca. "As a newly listed ...
US Researchers Begin First Clinical Trials Using Cannabis Products as Migraine Treatment
SAN DIEGO – Although there are numerous FDA-approved treatments on the market, experts say many patients are turning to cannabis products containing THC and/or CBD, an ingredient of cannabis that is not psychoactive, to treat ...
Cannabis Jacks Opens 3 New Retail Locations Across Northern Ontario
TORONTO–Cannabis Jacks, Northern Ontario's fastest growing cannabis retail store chain, announced today another 3 new stores have opened in Timmins, North Bay and Val Caron in the city of Greater Sudbury. The stores are located ...
Psychedelics Company, Delic, Completes Acquisition of Complex Biotech Discovery Ventures
VANCOUVER, BC–Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness platform, is pleased to announce that it has acquired all of the issued and outstanding shares in the capital of Complex Biotech Discovery Ventures Ltd., ...
