Legal Affairs
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
Cannabis in Psychedelic Therapy: Potential and Precautions
LOS ANGELES- The integration of cannabis into psychedelic-assisted psychotherapy is gaining attention as a potential treatment for various mental health conditions, including post-traumatic stress disorder (PTSD), depression, and anxiety. This approach involves administering cannabis in ...
Cybin Partners with Thermo Fisher for U.S. Manufacturing
LOS ANGELES- Cybin Inc. a neuropsychiatry company, has announced a collaboration with Thermo Fisher Scientific to support the Phase 3 clinical supply and potential commercial manufacturing of CYB003, its proprietary deuterated psilocin analog, for the ...
Rubicon Organics Appoints Glen Ibbott as Interim CFO
LOS ANGELES- Rubicon Organics Inc. a Canadian producer of certified organic cannabis products, has appointed Glen Ibbott as Interim Chief Financial Officer, effective May 15, 2025. This leadership change follows the departure of Janis Risbin ...
TILT Holdings Reports First Quarter 2025 Financial Results
LOS ANGELES- TILT Holdings Inc. announced its financial results for the first quarter ended March 31, 2025, reflecting a year-over-year revenue decline and continued strategic realignment towards its Jupiter inhalation technology business. Financial Performance The ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Cannabis Companies Secure Extension in Federal Prohibition Case
WASHINGTON – The U.S. Supreme Court has extended the deadline for a group of Cannabis businesses to file a petition seeking review of their case against the Justice Department, which aims to strike down the ...
Pantry Food Co. Blends Functional Mushrooms, Adaptogens and Cannabis in NEW Good Day and Nite Bites
LOS ANGELES–Pantry Food Co., a functional cannabis-infused food brand created with wellness top of mind, has introduced new Superfood Bites. The new Good Day Bites and Nite Bites boldly blend nutrition and cannabis, harnessing the benefits of CBD, CBN, THC ...
Surfside Raises $4 Million for its Cannabis Data Activation Platform
NEW YORK -- Surfside, marketing platform turning first party customer data into personalized marketing for the cannabis industry, today announced it has raised $4 million in Seed funding. Casa Verde led the round and Karan Wadhera, the firm's ...
Harvest Health & Recreation Inc. Reports Second Quarter 2021 Financial Results
PHOENIX -- Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today reported its financial and operating results for the second quarter 2021. All financial information is provided in U.S. dollars ...
AWH Announces Q2 2021 Financial Results
NEW YORK, - Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for Q2 2021, which ended June 30, 2021. ...
The Parent Company Takes First Steps For US Stock Market Listing
SAN JOSE–The Parent Company/ TPCO (NEO: GRAM.U) (OTCQX: GRAMF), announced that it has filed a registration statement on Form 10 with the United States Securities and Exchange Commission to register the Company's common shares and ...
Tryp Therapeutics Partners with Calvert Labs to Conduct Exploratory Studies for Proprietary Psilocybin Formulations
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 an agreement with Calvert Labs to design and execute ...
Cannabis-Oriented SPAC Choice Consolidation Upgrades To OTCQX Best Market
Choice Consolidation Corp. (NEO: CDXX) (OTCQX:CDXXF), a cannabis-focused special purpose acquisition company (SPAC), has qualified to trade on the OTCQX Best Market. The New York company upgraded to OTCQX from the Pink market and began trading on Monday under the ...
Greenlane Holdings Announces $32 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into definitive agreements ...
4Front Ventures Corp. Closes on the First Phase of an Up to 558K Sq. Ft. Cultivation and Production Facility in Illinois
PHOENIX, - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced the first closing of a multiphase expansion project to build an up to 558,000 sq. ft. cultivation and ...
Leafly To Go Public Through Business Combination With Merida Merger
SEATTLE and NEW YORK, Aug. 9, 2021-- Leafly Holdings Inc., the online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) , a special purpose acquisition company sponsored by ...
Akerna Announces Financial Results for the Second Quarter 2021
DENVER–Akerna (Nasdaq: KERN), an enterprise software technology provider and developer in the cannabis industry, today reported its unaudited financial results for the quarter ended June 30, 2021. "Our second quarter results continued the momentum in ...
A LIFE IN A DAY: Luc Van Poelje: Psychedelic Industry Personalities
LUC VAN POELJE is the founder of Psychedelic Insights. Luc is their lead psychedelic guide, working with patients who come to him to find solutions. Solutions to often intractable mental health issues. Based in the ...
Chicago Atlantic Provides $10 Million Credit Facility to Silverpeak Holdings
CHICAGO–Green Ivy Capital, LLC, an affiliate of Chicago Atlantic Advisers, LLC, announced today it funded a new $10 million senior secured term loan facility for Silverpeak Holdings, LLC, a vertically integrated operator in Colorado. The Term ...
Sourcelight Combines CBD and Immunity Support in an All Natural, Sugar-Free Lollipop
NEW YORK–Everyone one loves lollies and everyone likes to feel great! To meet growing consumer demands for healthy, functional, all natural products, Feel Well Lollys developed a low calorie treat that delivers a powerful 50mg ...
US Cannabis Council Elects Akerna CEO, Jessica Billingsley, as Board Chair
DENVER–Akerna (Nasdaq: KERN), an enterprise software platform today announced Jessica Billingsley, the company's co-founder, CEO, and Chair of the Board, has been elected Chair of the US Cannabis Council (USCC), a coalition of leading cannabis ...
Schwazze Closes Acquisition of Southern Colorado Growers
DENVER– Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado; previously announced June 1, 2021. The acquisition includes 34 acres of land with outdoor cultivation capacity, ...
