Legal Affairs
Cannara Biotech Secures $10M Credit Expansion for Valleyfield Facility Growth
MONTREAL – Cannara Biotech Inc., has announced a $10 million expansion of its credit facility with Bank of Montreal (BMO) to fund enhancements at its Valleyfield, Quebec, facility. This strategic move supports the company’s ambition ...
DCC and Metrc Advance California Cannabis Safety with QR Recalls
LAKELAND – In a move aimed at strengthening public health protections in the state's regulated Cannabis sector, Metrc has introduced a new recall notification system tied to its Metrc Retail ID™ QR codes. The feature, ...
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
The Cannabist Company Receives Court Approval for Corporate Restructuring Plan
LOS ANGELES- The Cannabist Company Holdings Inc. a U.S.-based cannabis cultivator, manufacturer, and retailer, has obtained final approval from the Ontario Superior Court of Justice (Commercial List) for its previously announced Plan of Arrangement under ...
Canada’s Legal Cannabis Market Forecasted to Reach $5.79 Billion by 2030
LOS ANGELES- Canada's legal cannabis industry is projected to expand significantly over the next five years, with market size estimates reaching USD 5.79 billion by 2030, up from USD 3.25 billion in 2024. This growth ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Cannara Biotech Secures $10M Credit Expansion for Valleyfield Facility Growth
MONTREAL – Cannara Biotech Inc., has announced a $10 million expansion of its credit facility with Bank of Montreal (BMO) to fund enhancements at its Valleyfield, Quebec, facility. This strategic move supports the company’s ambition ...
DCC and Metrc Advance California Cannabis Safety with QR Recalls
LAKELAND – In a move aimed at strengthening public health protections in the state's regulated Cannabis sector, Metrc has introduced a new recall notification system tied to its Metrc Retail ID™ QR codes. The feature, ...
German Health Ministry Draft Sparks Patient Backlash Over Medical Cannabis Access
FRANKFURT – A recent survey by MedCanOneStop, a German medical Cannabis platform, has highlighted sharp concerns among patients about a proposed amendment from the Federal Ministry of Health (Bundesministerium für Gesundheit, BMG) that would limit ...
MedMen Announces $100M Equity Investment Led by Serruya Private Equity
LOS ANGELES–MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), a premier U.S. cannabis retailer, today announced that investors, led by Serruya Private Equity, are purchasing US$100 million of units of MedMen at a purchase price of ...
Ayurcann Holdings Corp. Announces Listing on the Frankfurt Stock Exchange
Toronto, Ontario-- Ayurcann Holdings Corp. (CSE: AYUR) a Canadian extraction company specializing in the processing of cannabis and hemp to produce oils and various derivative products, has announced that its common shares have been cross-listed for ...
VPR Brands LP Announces Second Quarter and Year to date Results 2021
Fort Lauderdale, Fla. -- VPR Brands LP (OTC: VPRB) a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters ...
PharmaCielo Announces Q2-2021 Financial Results and Appointment of Bill Petron as CEO
TORONTO and RIONEGRO, -- PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the second quarter ended June 30, 2021. The ...
TerrAscend Increases Ownership of New Jersey License Ahead of Adult-Use Rollout
NEW YORK and TORONTO-- TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has completed the acquisition of an additional 12.5% of the issued and outstanding equity of TerrAscend NJ, LLC ...
COOKIES and Terrascend Partner To Bring Top-Shelf Genetics To The Garden State
BOONTON, N.J.–International cannabis brand Cookies announced today licensing agreements with TerrAscend NJ LLC, a subsidiary of TerrAscend Corp. (CSE: TER, OTCQX: TRSSF), a leading North American cannabis operator. The parties entered into a multi-year deal under which ...
Rosario Dawson Joins Board of Celebrity Backed Cannbis Drinks Brand Cann
LOS ANGELES–''Male, pale and stale'' is how the management in the cannabis industry have been described. Somewhat accurately. In fact there's only one black CEO of a major publicly listed company. That one CEO is ...
WEBINAR: New Jersey Releases Regulations Governing Adult-use Cannabis Market
TRENTON, N.J. — The New Jersey Cannabis Regulatory Commission on Thursday adopted initial rules and regulations that will govern the state’s forthcoming adult-use cannabis market. Attorneys and regulatory specialists from the New Jersey office of national cannabis ...
Panaxia and Neuraxpharm Expands Strategic Collaboration to Poland
The companies Panaxia and Neuraxpharm are reported to have signed an agreement for the distribution of advanced medical cannabis-based products in Poland. First sales are expected during H1 of 2022 TEL AVIV, Israel-- Panaxia Labs ...
Goodness Growth Holdings Opens Two Additional Green Goods Cannabis Dispensaries in New Mexico
MINNEAPOLIS-- Goodness Growth Holdings, Inc. (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that it has officially opened two new Green Goods® cannabis dispensaries in the state of ...
Captiva Verde Cancels Proposed Acquisition of Binovi Technologies
Coquitlam, British Columbia--On Monday Captiva Verde announced they were no longer interested in pursuing the acquisition of Binovi Technologies Corp. Cautionary Note Regarding Forward Looking Information This release includes certain statements that may be deemed ...
The Valens Company’s Subsidiary Green Roads Enters Third-Party Distribution Agreement with Tele Marche Co., Ltd. for the Offering of Award-Winning CBD Products in Japan
KELOWNA, BC- - The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that its subsidiary Green Roads has entered into a third-party distribution agreement with Tele Marche Co., Ltd. ...
FDA Rules Against CBD-Containing Supplements
WASHINGTON — The possibility of the Food and Drug Administration allowing cannabidiol (CBD) in foods, beverages and dietary supplements failed to move forward when the FDA rejected two new dietary ingredient (NDI) notifications for full-spectrum ...
ALT Cannabis Announce Agreement with Grow Group for Expansion into European Medical Cannabis Markets
LOS ANGELES–Pioneering liquid cannabis company ALT (Advanced Liquid Technology), announced it has entered into an agreement with Grow (Grow Group Plc) to market and distribute ALT’s proprietary, fast-acting, liquid medical cannabis products across Europe. ALT ...
Eaze To Acquire Multi-State Retail Leader Green Dragon, Creating Nation’s Largest MSO Delivery & Biggest California-Headquartered MSO
SAN FRANCISCO--Eaze, the nation’s largest cannabis delivery marketplace, and multi-state retail leader Green Dragon announced they have reached an agreement to provide service to customers and patients in California, Colorado, Michigan, and Florida. The combined ...
Christian Sederberg of Vicente Sederberg to Speak On U.S. Legalization at Cannabis Conference 2021
VS Founding Partner Christian Sederberg will join Steven Hawkins and Rezwan Khan for an insightful panel about federal cannabis legalization efforts at Cannabis Conference on August 25, 2021 at 1:30 p.m. Federal Cannabis Legalization In The United States: What ...
Item 9 Labs Corp. Reports Record Third Quarter FY 2021 Financial Results
PHOENIX -- Item 9 Labs Corp. (OTCQX: INLB), a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products, today reported operating and financial results for the three months ended June 30, 2021, ...
Cann Launches Cannabis-Infused, Caffeinated Social Tonic
LOS ANGELES-- Cann, today announced Passion Peach Mate, a caffeinated cannabis beverage designed in collaboration with musician and Cann investor Tove Lo, Sweet Flower and Airfield Supply Co. Inspired by the popularity of vodka ...
Clearmind Medicine Commences Trading on the Frankfurt Stock Exchange
Toronto, Ontario-- Clearmind Medicine Inc. (CSE: CMND), a psychedelic medicine biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and undertreated health problems, is pleased to announce the listing ...
Canadian Cannabis Firm Tilray Acquires Majority of MedMen Debt
NEW YORK & LOS ANGELES–Tilray, Inc. (Nasdaq l TSX: TLRY), Tilray and MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF), today announced that Tilray has acquired the majority of the outstanding senior secured convertible notes of ...
The Parent Company Appoints Troy Datcher to Serve as New Chief Executive Officer
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), a vertically-integrated cannabis company, today announced that it has appointed Troy Datcher to serve as the Company's new Chief Executive Officer, effective Sept 8th. Datcher's historic ...
Nation’s Largest Event for Black Cannabis Professionals Returns, Kicks Off in New Orleans from November 18-20
NEW ORLEANS–Black CannaBusiness Magazine, the premier publisher of B2B content for African Americans doing business in the cannabis industry, is pleased to announce the second annual Black CannaConference & Expo (“Black CannaCon”), the only B2B ...
Nearly Half of U.S. Adults Have Tried Cannabis
WASHINGTON, D.C. -- The percentage of U.S. adults who say they have tried cannabis has ticked up to 49%, the highest Gallup has measured to date. More than 50 years ago, just 4% said they ...
Village Farms Enters U.S. CBD Market with $75 Million Acquisition
VANCOUVER, BC–Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals ("Balanced Health") in a transaction valued at US$75 million, effective today. Balanced Health owns ...
Ex-Army Captain Inspires Service Members to Pursue Entrepreneurship After the Military
WEST PALM BEACH, Fla.,–The United States military can only hold on to its' service members for so long before they go in their own directions. Even the most esteemed General Officers need to find a life ...
