Legal Affairs
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 ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
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 ...
AFC Gamma (AFCG) Set to Announce Quarterly Earnings
LOS ANGELES- AFC Gamma, Inc. is scheduled to release its quarterly earnings report on Wednesday, November 13, 2024, before the market opens.Analysts anticipate earnings of $0.33 per share for the quarter. In the previous quarter, ...
California’s Cannabis Excise Tax Set to Increase Amid Industry Concerns
LOS ANGELES- California's legal cannabis industry faces a significant fiscal challenge as the state's excise tax on cannabis products is scheduled to rise from 15% to 19% on July 1, 2025. This increase stems from ...
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 ...
Michigan Allocates Nearly $100 Million in Cannabis Tax Revenue to Local Entities
LOS ANGELES- The Michigan Department of Treasury announced the distribution of close to $100 million in cannabis tax revenue to 302 local entities, including cities, villages, townships, counties, and, for the first time, four federally ...
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 ...
Harvest Health & Recreation Inc. Reports 4th Quarter & Full Year 2020 Financial Results
PHOENIX–Harvest Health & Recreation (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 fourth quarter and year ended 2020. All ...
GrowFlow Insights Launches Providing More Management Data for Retailers and Wholesalers in Cannabis
SEATTLE – Growflow a business management and compliance solution for cannabis wholesalers and retailers, today announced the launch of GrowFlow Insights, a powerful and easy-to-use analytics tool that provides comprehensive and actionable cannabis data and market ...
Fluresh Invests In Next Generation Cannabis With Launch Of ‘Fluresh Accelerator’ Program
GRAND RAPIDS– Fluresh, a Michigan-based cannabis cultivator and processor, is ushering in the next wave of cannabis professionals with the launch of its new business incubator, the Fluresh Accelerator. In an effort to create a ...
CBD of Denver Becomes One of the First CBD Companies to Accept Bitcoin and Other Crypto Currencies
DENVER– CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company and a producer and distributor of Cannabis and CBD products in Switzerland, Europe, and the US, closed its first deals paid ...
Eighty Six Brand Breaks Down What a Delta-8 THC High Feels Like
SOUTH EL MONTE, Calif., – So you've heard that Delta-8 THC products allow you to get high, legally, nationwide. And as the minor cannabinoid continues to blow up in the country, the questions on everyone's mind ...
Sweet Flower Announces Close of $15 million Series A investment
LOS ANGELES–Investment gives Sweet Flower funding to rapidly expand across California, launch manufacturing and distribution verticals and new retail brand. Sweet Flower, Southern California's leading cannabis retailer announced today that the Company has successfully raised ...
Woman CEO’s Top 3 Tips for Success in the Cannabis and Hemp CBD Industry.
PORTLAND– Rowshan Reordan is the founder and CEO of Green Leaf Lab, one of the nation's top cannabis and hemp CBD testing labs. Established in 2011, Green Leaf Lab is the 1st woman owned cannabis and ...
Horizons ETFs Rebalances Cannabis-Focused Index ETFs
TORONTO–Horizons ETFs Management (Canada) Inc. has completed the quarterly rebalances of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) and the Horizons US Marijuana Index ETF (NEO: HMUS). HMMJ is ...
CBSA Sets Penalties for Crossing Canadian Border with Cannabis
OTTAWA– On October 17, 2018, the Cannabis Act came into force, introducing a strict framework for controlling cannabis within Canada. While cannabis was legalized, it does remain illegal to carry cannabis across the border without a valid ...
Germany’s Supreme Court Green Lights Hemp Product Sales
BERLIN – The 6th Criminal Senate of the German Supreme Court (BGH) handed down a judgement that the sale to end consumers of hemp flowers and leaves is not prohibited. This ruling effectively overturned a ...
Willow Biosciences Reports Fourth Quarter and 2020 Year End Results
CALGARY, AB –Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) is pleased to announce its financial and operating results for the three months and year ended December 31, 2020. Statement from the CEO "We are very pleased with all ...
Charlotte’s Web Holdings Reports Q4-2020 Results
BOULDER – Charlotte's Web Holdings, (TSX: CWEB) (OTCQX: CWBHF), a maker of full spectrum cannabidiol (CBD) hemp extract wellness products and a certified B Corp, today reported financial results for the fourth quarter and year ...
Vireo Health Announces Fourth Quarter and Full Year 2020 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), the leading physician-led, science-focused multi-state cannabis company, today reported financial results for its fourth quarter and full year ended December 31, 2020. All currency figures referenced in ...
National Hispanic Cannabis Council Launches, Advancing Cannabis Education & Entrepreneurship
DENVER– The National Hispanic Cannabis Council launched Thursday, aimed at empowering the U.S. Hispanic community through education, entrepreneurialism, and economic opportunity. With 36 states, having already legalized cannabis for medical use, the new national nonprofit organization aims ...
Pure Craft CBD Launches Nano CBD Water Soluble + Melatonin Tincture, Quick Absorption Promotes Rest & Relaxation
SAN DIEGO–Pure Craft CBD, which creates premium, bio-available CBD products, recently launched its Nano CBD Water Soluble + Melatonin tincture. One of the most absorbable CBD tinctures on the market, this supplement works in perfect ...
Moon Mother Hemp’s Commitment to the Health of the Planet Becomes Game Changer for Local Youth
BOULDER– At the height of the pandemic in 2020 one of the country's leading Hemp Brands Moon Mother Hemp Company joined 1% for the Planet. It wasn't a time when most companies had profits to spare, but climate ...
Inner Spirit Holdings Announces Year-End 2020 Financial Results
CALGARY, AB–Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has filed its Audited Consolidated Financial Statements and corresponding Management's Discussion ...
”3D” Virtual Cannabis Conference Dates Announced
DENVER– Cannabis and Tech Today, publishers of content for cannabis technology, trends, and investments, announced the spring EMERGE Virtual Cannabis Conference will be held March 30-April 1, 2021. With a focus on cultivation and sustainability, EMERGE will feature tracks ...
Medterra Supports First-Ever Consumer Clinical CBD Study in the U.S.
IRVINE, California – Medterra, a major CBD company, reports the results of participating in Validcare's seven-month clinical study. The study was in response to requests by the U.S. Food and Drug Administration ("FDA") for scientific ...
Akerna Flash Report: Stimulus Checks Landing on St. Patrick’s Day Prompt Largest Cannabis Sales Day of 2021
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning/ ERP software technology, MJ Platform, shows that Wednesday, March 17th, St Patrick's ...
Green Thumb Industries to Open 55th ”Rise” Dispensary, in Illinois
CHICAGO and VANCOUVER, BC – Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries (example in photo), today announced Rise Lake in the Hills, ...
Empire State on Verge of Legalizing Recreational Cannabis
NEW YORK – On Wednesday this week, Governor Andrew Cuomo said New York were close to an agreement legalizing recreational cannabis, and that it’s one of New York's key budget priorities. State Senator, Liz Krueger ...
