Legal Affairs
Study Reveals Proliferation of Psilocybin Dispensaries in Canadian Urban Centers
LOS ANGELES- A recent study published in JAMA Network Open has identified 57 psilocybin dispensaries operating across 35.7% of major Canadian urban centers as of May 2024. The majority of these establishments are located in ...
Growing Craft with Scott Vasterling: A Fresh Perspective on Sungrown Cannabis
FOR IMMEDIATE RELEASE LOS ANGELES — A fresh voice is breaking into the cannabis media space, and it's set to change the way we think about craft cannabis forever. The highly anticipated debut of "Growing ...
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Federally Funded Survey: Cannabis Use By Teens Hits Historic Low
WASHINGTON, D.C- (NORML) Federally funded survey data provided by the University of Michigan reports that teen marijuana use has declined significantly over the past decade and is now at historic lows. Consistent with data previously reported by the Centers ...
Organigram Expands Market Presence with Strategic Investments and Acquisitions
LOS ANGELES- Organigram Holdings Inc., a Canadian cannabis producer, is actively broadening its market reach through strategic investments and acquisitions, supported by British American Tobacco (BAT). In November 2023, Organigram secured a follow-on strategic equity ...
Tennessee Judge to Rule on Hemp Product Regulations by December 24
LOS ANGELES- A Davidson County Chancery Court judge is expected to decide by December 24, 2024, on a request to block new state regulations affecting hemp-derived products in Tennessee. The Tennessee Department of Agriculture (TDA) ...
What You Need to Know When Planning Cannabis Tax Strategies for 2025
NEW YORK--Every CFO needs to know that Section 280E of the Internal Revenue Code (IRC) presents a significant challenge for cannabis businesses operating in the United States. This provision, enacted in 1982, was originally designed ...
Study Reveals Proliferation of Psilocybin Dispensaries in Canadian Urban Centers
LOS ANGELES- A recent study published in JAMA Network Open has identified 57 psilocybin dispensaries operating across 35.7% of major Canadian urban centers as of May 2024. The majority of these establishments are located in ...
Growing Craft with Scott Vasterling: A Fresh Perspective on Sungrown Cannabis
FOR IMMEDIATE RELEASE LOS ANGELES — A fresh voice is breaking into the cannabis media space, and it's set to change the way we think about craft cannabis forever. The highly anticipated debut of "Growing ...
Planet 13 Grants Restricted Stock Units to Leadership and Staff
LOS ANGELES- Planet 13 Holdings Inc., a vertically integrated multi-state cannabis company, has allocated 13,776,345 Restricted Stock Units (RSUs) to its officers, directors, and employees. The distribution, executed on March 31, 2025, aligns with the ...
Swiss Parliament Votes In Favor of Adult Use Cannabis Legalization
ZÜRICH–Switzerland's Health Commission of the Swiss House of Representatives, the Swiss National Council, in what will become an historic vote, has voted this past Friday, April 30th, in favor of legalizing cannabis for the Swiss. ...
Cansortium Completes $71 Million Debt Financing
MIAMI–Cansortium (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 with a syndicate led by ...
ManifestSeven Reports Financial Results for First Quarter Fiscal Year 2021
IRVINE, Calif.,– Manifest 7 Holdings (CSE: MSVN; OTCMKTS: MNFSF), a Californian integrated omni channel platform for cannabis, today announced financial results for its fiscal first quarter ended February 28, 2021. First Quarter 2021 Fiscal Quarter ...
The Parent Company Partners with Omura to Launch New Caliva Flowersticks
LOS ANGELES–TPCO Holding Corp. (NEO: GRAM.U, GRAM.WT.U) (OTCQX: GRAMF; OTC PINK: GRMWF) announces its partnership with Omura, a first-of-its kind whole flower vaporizer. The Parent Company will enter Omura's "heat-not-burn" category with the launch of ...
Green Thumb Industries Announces US $217 Million Senior Debt Financing
CHICAGO and VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, recently announced they had closed on a USD$217M senior non-brokered private placement ...
Khiron Life Sciences Reports 2020 Fiscal Year End Results
TORONTO–Khiron Life Sciences (TSXV: KHRN) (OTCQX: KHRNF)(Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced today its financial results for the year ended and quarter ended December 31, ...
SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results
TORONTO–SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF), a cannabis consumer packaged goods company with a diversified portfolio of popular brands, today released audited financial results for the full year and three months ended December 31, ...
Numinus Wellness Q2 2021 Announced New Funding, Acquisitions And MAPS Collaboration
VANCOUVER, B.C.–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing treatments and safe, evidence-based psychedelic-assisted therapies, today announced its second quarter financial results for the three months ended February 28, 2021. In the ...
Gage Growth Corp. Announces Fiscal Year 2020 Results
DETROIT– Gage Growth Corp., (CSE: GAGE), a leading cannabis brand operator in Michigan, today reported its financial results for the three and twelve months ended December 31, 2020. Financial Highlights for the year ended December 31, ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. ...
Vireo Health Claims Largest Selection Of Cannabis Flower At Any New York Dispensary
NEW YORK–Vireo Health (CSE: VREO; OTCQX: VREOF), a multi-state cannabis company, today announced the launch of the Company's first line of ground medical cannabis flower in New York. The new line of ground flower will ...
TransGlobal Assets Purchases Ownership In 3 Michigan Medical Cannabis Licenses
ANN ARBOR–TransGlobal Assets Inc. (OTC Pink: TMSH) announced today its acquired a 9% ownership in three Michigan medical marijuana licenses pursuant to a Purchase and Sale Agreement between the Company and Darwin Harris, a CBD ...
Tryp Therapeutics Announces Q2 2021 Financial Results
SAN DIEGO–Tryp Therapeutics Inc. (CSE: TRYP) today announced its interim financial results for the three and six month periods ended February 28, 2021. The reported period included the completion of Tryp's Initial Public Offering; significant ...
CENTR Brands Corp. Announces Q3 2021 Results
VANCOUVER, BC– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) announced its financial results for its third fiscal quarter ending February 28, 2021. Description Q3 2021 ($) Q2 2021 ($) Q1 2021 ($) Gross ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
GTEC Cannabis Co. Reports First Quarter of Fiscal 2021 Results
KELOWNA, BC– GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of handcrafted, high quality cannabis products, is pleased to announce that it has reported its First Quarter financial results of fiscal ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional ...
Fire & Flower Announces 2020 Fiscal and Fourth Quarter Financial Results
TORONTO–Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the fiscal year and quarter ended January 30, 2021. Financial and Operational Highlights for the 2020 Fiscal Year ...
Canadian Group Valens Enters US Market with Acquisition of Green Roads CBD Company
KELOWNA, BC,–The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Green Roads ...
