Legal Affairs
The Hemp Surge: A Growing Challenge to Regulated Cannabis
NEW YORK — The legal line between hemp and cannabis in the U.S., drawn by the 2018 Farm Bill, was meant to clarify regulation. Instead, it created a set of inconsistencies that still affect how ...
Navigating Local Cannabis Regulations: A State-by-State Guide
NEW YORK — Cannabis regulation in the United States functions as a multi-layered governance system, where legal authority is distributed across federal, state, and local levels—with local jurisdictions exerting the most immediate control over real-world ...
TerrAscend Expands New Jersey Presence with Acquisition of Union Chill Dispensary
LOS ANGELES- TerrAscend Corp., a North American cannabis operator, has entered into an agreement to acquire Union Chill Cannabis Company LLC, a single-location dispensary in Hunterdon County, New Jersey. This acquisition marks TerrAscend's fourth dispensary ...
Ascend Wellness Secures $15 Million in Private Placement to Bolster Growth Initiatives
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has successfully completed a $15 million private placement of its 12.75% Senior Secured Notes due 2029. These notes were issued at 97% of ...
President Trump’s Role in Cannabis Rescheduling and Federal Reform
LOS ANGELES- President Donald Trump is poised to significantly influence the trajectory of federal cannabis policy, particularly concerning the rescheduling of marijuana under the Controlled Substances Act (CSA). The rescheduling process, initiated under the previous ...
Virginia Senate Committee Advances Bill to Legalize Recreational Cannabis Sales
LOS ANGELES- On January 17, 2025, the Virginia Senate Rehabilitation and Social Services Committee approved Senate Bill 970 (SB 970) with an 8–7 vote along party lines. Introduced by Senator Aaron Rouse (D-Virginia Beach), the ...
The Important Tax Deadlines to Remember in Cannabis
LOS ANGELES—As we enter 2025, it's crucial for individuals and businesses to keep track of key tax deadlines. Missing these dates can lead to penalties, interest charges, and wasted opportunities for tax savings. At Growise ...
The Hemp Surge: A Growing Challenge to Regulated Cannabis
NEW YORK — The legal line between hemp and cannabis in the U.S., drawn by the 2018 Farm Bill, was meant to clarify regulation. Instead, it created a set of inconsistencies that still affect how ...
Navigating Local Cannabis Regulations: A State-by-State Guide
NEW YORK — Cannabis regulation in the United States functions as a multi-layered governance system, where legal authority is distributed across federal, state, and local levels—with local jurisdictions exerting the most immediate control over real-world ...
TerrAscend Expands New Jersey Presence with Acquisition of Union Chill Dispensary
LOS ANGELES- TerrAscend Corp., a North American cannabis operator, has entered into an agreement to acquire Union Chill Cannabis Company LLC, a single-location dispensary in Hunterdon County, New Jersey. This acquisition marks TerrAscend's fourth dispensary ...
Zenabis Announces First Quarter 2021 Financial Results
VANCOUVER, BC,–Zenabis Global Inc. (TSX: ZENA) announced its financial results for the quarter ended March 31, 2021. All amounts, unless specified otherwise, are expressed in Canadian dollars. First Quarter 2021 Highlighted Financial Results Quantity of cannabis ...
Forian Inc. Announces First Quarter Fiscal 2021 Financial Results
NEWTOWN, Pa.–Forian Inc. (NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, today announced results for its fiscal first quarter ended March 31, 2021. "This quarter was transformational ...
Vireo Health Announces First Quarter 2021 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), a physician-led, science-focused multi-state cannabis company, today reported financial results for its first quarter ended March 31, 2021. All currency figures referenced in this press release reflect ...
Green Thumb Industries Reduces Cost of Capital With New Financing
VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, earlier this month announced they had closed on a USD$217M senior non-brokered private placement ...
Lucid Green Inc. Secures $3.1MM Funding
NEW YORK–Lucid Green Inc., today announced funding of $3.1MM from new investors, Bravos Capital, Silverleaf Ventures, and existing investors FGCP and HALLEY Venture Partners. This funding will be utilized to further the adoption of LucidIDs ...
Supreme Cannabis Announces Financial Results for Q3 2021
TORONTO–Supreme Cannabis (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three months ended March 31, 2021. Supreme Cannabis' Management Discussion & Analysis ("MD&A") and condensed interim consolidated ...
Aurora Cannabis Announces Fiscal 2021 Third Quarter Results
EDMONTON, AB–Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), a Canadian company developing cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021. "Consistent with many ...
Nextleaf Solutions Enter Cannabis CPG With Acquisition of Legacy Consumer Brand
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) an innovative cannabis extractor, is pleased to announce its initial entry into branded consumer products, with the acquisition of all rights associated with the award-winning, ...
GrowGeneration Names Dennis Sheldon SVP Global Supply Chain
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today announced the appointment of Dennis Sheldon to Senior Vice President of Global Supply Chain, effective ...
Trulieve Reports First Quarter 2021 Revenue of $194M, Net Income of $30M
TALLAHASSEE–Trulieve Cannabis Corp (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company ...
Exclusive: A Realist’s Guide To Investing In Mexican Cannabis
VANCOUVER, B.C.–Knowing when and how to invest in the earliest stages of a newly regulated cannabis market is never easy. However, this can be especially true in a place like Mexico, where opaque political processes ...
10 Cannabis Events Cannabis Investors Must Attend in 2021
OAKLAND–For the booming cannabis space, networking opportunities are crucial for long-term success. Trade shows, conferences, and parties celebrating all things industry are a beloved part of doing business. And while the COVID-19 shifted many events ...
Charlotte’s Web Holdings Reports Quarter 1 2021 Results
BOULDER– Charlotte's Web Holdings (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. the market share leader in full spectrum cannabidiol (CBD) hemp extract wellness products, today reported financial results for the first quarter ended March ...
Curaleaf International Launches Range of Medical Cannabis Products in Germany
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that wholly owned Curaleaf International subsidiary Adven GmbH has launched its own range of medical ...
Curaleaf Reports Record First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.,–Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), an international provider of consumer products in cannabis, today reported its financial and operating results for the first quarter ended March 31, 2021. 1Q 2021 Financial Highlights (Unaudited) ...
Cannabis Vape Devices Market Size To Reach $16 Billion By 2028
FELTON–The global Handheld Cannabis Vaporizer Market size is expected to reach USD 15.77 billion by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Million Insights. What are Key Factors Driving ...
Akerna Announces Financial Results for the First Quarter 2021
DENVER– Akerna (Nasdaq: KERN), an enterprise software, and compliance technology provider, today reported its unaudited financial results for the quarter ended March 31, 2021. "Our first quarter was a strong start to 2021, with increasing ...
A Land Rush Is Underway in New Jersey and New York For Cannabis Real Estate
SACRAMENTO–Research shows the cannabis industry is currently seeing a land rush underway as real estate speculators and cannabis entrepreneurs are getting an early start on securing properties in New Jersey and New York that will ...
The Green Organic Dutchman Reports First Quarter 2021 Results
TORONTO–The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, reports its unaudited interim financial results for the quarter ended March 31, 2021. Management Commentary: "This ...
2021 Salary Guide Shows Double-Digit Compensation Increases for Cannabis Executives
SAN DIEGO–Cannabiz team, a cannabis-focused executive search and staffing firm, today announced the release of its latest Cannabis Industry Salary Guide for Q2 2021. This is the third edition of CannabizTeam's national Salary Guide, created ...
Cardiol Therapeutics Closes $22 Million Bought Deal Offering
ONTARIO–Cardiol Therapeutics Inc. (TSX: CRDL), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, is pleased to announce the closing of its previously announced "bought deal" short form prospectus ...
GrowGeneration Reports First Quarter 2021 Financial Results
DENVER– GrowGen Corp (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today reported record first quarter 2021 revenues of $90 million, versus $33 million in the ...
Sundial Reports First Quarter 2021 Financial and Operational Results
CALGARY–Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the first quarter ended March 31, 2021. All financial information is reported in millions of Canadian dollars. FIRST QUARTER 2021 FINANCIAL AND OPERATIONAL ...
A LIFE IN A DAY: Nikki Lawley: Cannabis Industry Personalities
NIKKI LAWLEY is a passionate medical cannabis advocate with a growing network of cannabis patients who suffer from traumatic brain injury. She discovered cannabis after suffering a ''TBI,'' or traumatic brain injury, along with a ...
Aleafia Health Reports 2021 First Quarter Results
TORONTO–Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) reported its financial results for the three months ended March 31, 2021. “This quarter saw us achieve important executional breakthroughs as we realized the exponential increase of our ...
