Legal Affairs
Florida Republican Lawmakers Propose Expansion of Medical Cannabis Access
LOS ANGELES- In recent legislative developments, certain Republican lawmakers in Florida have introduced bills aimed at broadening access to medical cannabis within the state. Notably, these proposals include provisions that would permit qualified medical cannabis ...
Maryland House Committee Advances Bill to Exempt Certain Cannabis Transactions from State Sales Tax
LOS ANGELES- The Maryland House Ways and Means Committee approved House Bill 619, legislation designed to exempt specific cannabis-related transactions from the state's sales and use tax. The bill, introduced on January 23, 2025, seeks ...
Federal Indictment Uncovers Extensive Illegal Cannabis Operation on Navajo Nation
LOS ANGELES- A federal grand jury indicted Dineh Benally, 48; his father, Donald Benally, 74; and business associate Irving Rea Yui Lin, 73, on charges related to an illicit cannabis cultivation enterprise spanning New Mexico ...
What U.S. Employers Need to Know About Evolving Cannabis and Psychedelics Policies
LOS ANGELES- The November 5, 2024, elections have brought significant changes to state-level drug laws, requiring employers to reevaluate workplace policies, especially around cannabis and psychedelics. Key developments in Nebraska, Florida, North Dakota, South Dakota, ...
Trump’s Attorney General Pick Raises Hope for Cannabis Policy Reform
LOS ANGELES- President-elect Donald Trump has nominated Florida Representative Matt Gaetz as the next U.S. Attorney General, a move that could significantly influence federal cannabis policy. Gaetz, a vocal advocate for cannabis reform, has previously ...
Amethyst Health Secures Conditional Medical Cannabis License in New York
LOS ANGELES- a partnership between Black Star Wellness, LLC, and AYR Wellness Inc, has been conditionally awarded a vertically integrated medical cannabis license by the New York Cannabis Control Board. This license grants the right ...
Psilocybin Shows Potential for OCD and Tourette’s Treatment, Study Finds
LOS ANGELES- A new study published in Molecular Psychiatry has identified psilocybin, a psychedelic compound, as a promising candidate for the treatment of obsessive-compulsive disorder (OCD) and Tourette's syndrome. Conducted by researchers at the Hadassah-Hebrew ...
Florida Republican Lawmakers Propose Expansion of Medical Cannabis Access
LOS ANGELES- In recent legislative developments, certain Republican lawmakers in Florida have introduced bills aimed at broadening access to medical cannabis within the state. Notably, these proposals include provisions that would permit qualified medical cannabis ...
Maryland House Committee Advances Bill to Exempt Certain Cannabis Transactions from State Sales Tax
LOS ANGELES- The Maryland House Ways and Means Committee approved House Bill 619, legislation designed to exempt specific cannabis-related transactions from the state's sales and use tax. The bill, introduced on January 23, 2025, seeks ...
Federal Indictment Uncovers Extensive Illegal Cannabis Operation on Navajo Nation
LOS ANGELES- A federal grand jury indicted Dineh Benally, 48; his father, Donald Benally, 74; and business associate Irving Rea Yui Lin, 73, on charges related to an illicit cannabis cultivation enterprise spanning New Mexico ...
CWCBExpo Scheduled for New York: November 4-6, 2021
NEW YORK – CWCBExpo New York has been rescheduled to the fall of 2021. The event dates are November 4-6, 2021 (Thursday through Saturday) at the Jacob Javits Convention Center in New York.CWCBExpo is committed ...
Canopy Growth Completes Acquisition of Leading Ontario-based Cannabis Brand Ace Valley
SMITHS FALLS, ON – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is proud to announce that it has completed the acquisition of AV Cannabis Inc. - one of Ontario's leading cannabis brands. With a strong ...
CBD Player Premium Jane Introduces Novel Sleep-Aid Formula With CBN, GABA
SCOTTSDALE – American CBD player Premium Jane has introduced a new range of infused products that are specifically engineered to help individuals improve their nightly sleep patterns. The products contain a novel formulation of 25mg ...
Nutritional High Announces Financial Results for the Second Quarter Ending January 31, 2021
TORONTO– Nutritional High International Inc. (CSE: EAT) announces its financial results for the second quarter ended January 31, 2020. Business Highlights: Q1 and Subsequent Events During the second quarter of fiscal 2021 and to the ...
Halo Collective Announces Proposed Spin-off of Assets to Create Halo Tek
TORONTO–Halo Collective Inc. (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced a plan to pursue a spin-off of certain of its software, device and intellectual property assets into a standalone company to be named Halo Tek ...
Plus Products partners with Eaze to Launch Limited-Edition Cannabis Gummy in California
SAN MATEO— Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) , a cannabis and hemp branded products company in the U.S., today announced that it is partnering with Eaze Technologies, one of California’s largest delivery marketplaces ...
Veriheal announces $20,000 Innovation in Cannabis Higher Education Scholarship Fund
DENVER — Veriheal, the cannatech healthcare enterprise behind the nation’s largest medical marijuana application platform, today announced a $20,000 Innovation in Cannabis scholarship to fund students pursuing degrees in the cannabis industry. The scholarship, which launched in 2020 with $10,000 in awards, ...
iAnthus Reports Fiscal Fourth Quarter and Full Year 2020 Financial Results
NEW YORK and TORONTO – iAnthus Capital Holdings. Inc, (CSE: IAN), (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reports its financial results for the fourth quarter and ...
Greenlane and KushCo Announce Merger, Creating Leading Ancillary Cannabis Company
BOCA RATON– Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) announced on Wednesday, that they have entered into a definitive merger agreement, pursuant to which KushCo will become a wholly owned subsidiary ...
Tryp Therapeutics Appoints Greg McKee as Chief Executive Officer
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, is pleased to announce that it has appointed Greg McKee as its Chief Executive ...
New Study Shows Cannabis Is Needed More Than Ever Since The Pandemic
NEW YORK–Interesting new survey data collected by cannabis media outlet WayofLeaf suggests that medical cannabis is in heightened demand, despite increased access to recreational cannabis via adult-use laws. Results of the study highlight that 70% ...
Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City
ATLANTA and WEST PALM BEACH– Parallel, a privately-held multi-state cannabis operator in the United States, today announced it has entered into a definitive agreement to acquire, in a cash and stock transaction, certain operations of ...
Zenabis Announces Full Year and Fourth Quarter 2020 Financial Results
VANCOUVER, BC – Zenabis Global Inc. (TSX: ZENA) today announced its financial results for the year and quarter ended December 31, 2020. All amounts, unless specified otherwise, are expressed in Canadian dollars. Full Year 2020 Highlighted Financial ...
ManifestSeven Reports Results for Fourth Quarter and Fiscal Year 2020
IRVINE, Calif.– ManifestSeven Holdings Corp. (CSE: MSVN; OTCMKTS: MNFSF), an integrated omnichannel platform for legal cannabis, today announced financial results for its fiscal fourth quarter and year ended November 30, 2020. M7's fiscal year 2020 ...
EcoGen Biosciences Announces Plant Now, Pay Later Hemp Seed Program Designed to Support Farmers
GRAND JUNCTION, Colo.–EcoGen Biosciences, a leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients, proprietary formulations, and private-label finished products in the United States, today introduced the EcoGen "Plant Now, Pay Later" program. The Plant Now, Pay ...
High Tide Reports First Quarter 2021 Financial Results Featuring a 179% Increase in Revenue and EBITDA of $4.6 Million
CALGARY, AB, – High Tide Inc. (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, filed its financial results for the first fiscal quarter of ...
Nextleaf Solutions Secures $3 Million in Convertible Note Financing
Vancouver, British Columbia– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) , an innovative cannabis processor, is pleased to announce that it has closed a private placement with an institutional investor for aggregate gross ...
CannabCo Announces Breakthrough in Cannabis Production with Phoenix 2.0
BRAMPTON, ON– CannabCo Pharmaceutical Corp., a Canadian company located in Brampton, Ontario, announced the latest results of their Phoenix 2.0 system. Working with their technology partners for the enhancement of CannabCo's proprietary grow system, dubbed ...
Inner Spirit Holdings Closes $11.5 Million Equity Financing
CALGARY, AB– Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf cannabis retail stores, today announced it has closed its previously announced "bought deal" short form prospectus ...
Spyder Cannabis Acquires Leading Vape Retailer 180 Smoke
Vaughan, Ontario – Spyder Cannabis Inc. (TSXV: SPDR), an established Canadian cannabis and vape retailer, is pleased to announce the closing of its previously announced acquisition on February 23, 2021 of all of the issued ...
Santé Laboratories Independently Submits Novel Foods Application for UK Distribution of its CBD Formulation
AUSTIN– U.S.-based Santé Laboratories is confident it independently met requirements requested by the Food Standards Agency (FSA) in the United Kingdom (UK) for its water-based cannabidiol (CBD) formulation in time to the eagerly awaited March ...
BLAZE Raises $8 Million in Series A Funding
LOS ANGELES – BLAZE, a growing, enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million. The round was led by Delta Emerald Ventures ...
Study Shows No Liver Toxicity From CBD in More Than 800 Adult Participants
ALMETTO, Fla.– Sun Flora an international CBD brand and creator of SUNMED products sold at Your CBD Store franchise locations, has announced its completion of a seven-month-long ValidCare clinical study. The results display the irrefutable ...
Omura Vaporizer Introduces Another Consumption Method to Cannabis Market
The cannabis landscape is evolving rapidly, with more people exploring the plant than ever before. But rolling a joint or having a dab of oil may not be for everyone, especially for those who need ...
New York Legalizes Recreational Cannabis
NEW YORK – Residents of the Empire State, New York, who are over the age of 21 will be able to legally buy Cannabis as early as next year, in a bill agreed to by ...
