Legal Affairs
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Psychedelics Show Promise in Alleviating End-of-Life Psychological Distress
LOS ANGELES- Recent studies indicate that psychedelics, particularly psilocybin, may help reduce depression, anxiety, and existential distress in patients with terminal illnesses. A systematic review published in Psychopharmacology analyzed data from various studies and found ...
Medical Cannabis Set to Launch in Ukraine in Early 2025
KYIV- After Ukraine legalized cannabis for medical use earlier this year, a key lawmaker announced that the first cannabis-based medicines could be available as early as next month. Olga Stefanishyna, a member of Ukraine’s parliament ...
NEW: Comprehensive List of Cannabis Events in 2025
LOS ANGELES - The cannabis industry is alive with opportunity and collaboration in 2025. These events serve as critical platforms for education, networking, and driving business success. Whether you're a veteran in the industry or ...
Week In Review: Cross-currents in Cannabis and Psychedelics: Legal Momentum, Market Shakeups, and Policy Flashpoints Define the Week
LOS ANGELES — Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New ...
U.S. Cannabis Companies Face EBITDA Declines Amid Margin Pressures But Growth Expected in 2026
NEW YORK- As of April 1, 2025, most major publicly traded U.S. cannabis companies have released their financial results for the fourth quarter of 2024. An analysis by Viridian Capital Advisors reveals that eight out ...
Trump Administration Attributes D.C. Disorder to Cannabis Decriminalization
LOS ANGELES- President Donald Trump has signed an executive order titled "Making the District of Columbia Safe and Beautiful," establishing the D.C. Safe and Beautiful Task Force. This initiative aims to address public safety and ...
Florida Appeals Court Reduces Drug-Trafficking Conviction to Possession
LOS ANGELES- A Florida appeals court has overturned a drug-trafficking conviction, reducing it to a possession charge due to the inability to distinguish between illegal cannabis and legal hemp. The Second District Court of Appeal ...
Forian Announces $12 Million Private Placement of Common Stock
NEWTOWN, Pa.,– Forian Inc. (Nasdaq:FORA), a provider of software and technology-enabled services for the healthcare and cannabis industries, announced today that it has entered into a securities purchase agreement with a select group of institutional and ...
New Mexico Becomes 17th U.S. State to Legalize Recreational Cannabis
SANTA FE – New Mexico has become the 17th state to legalize recreational cannabis after Gov. Michelle Lujan Grisham signed legislation today, joining a national movement to decriminalize cannabis. Cannabis laws are increasingly seen as ...
Research Shows Sustained Improvements In Chronic Pain Patients Who Use Cannabis
BOSTON - The long-term use of cannabis provides sustained improvements in patients suffering from chronic pain conditions, according to longitudinal data published in the journal Experimental and Clinical Psychopharmacology. A new study: “No pain, all gain? Researchers from ...
GTEC Repays $6 Million Loan, Eliminates Debt
Kelowna, BC– GTEC Holdings Ltd. (TSXV:GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of cannabis, announced that it has repaid its two Senior Secured Promissory Notes with NFS Leasing Canada Ltd. in full. The Notes, ...
Verano Completes Territory, Emerald and Local Joint Acquisitions in Arizona
CHICAGO – Verano Holdings Corp. (CSE: VRNO), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the ...
Aphria Announces 3rd Quarter Fiscal Year 2021 Results
LEAMINGTON, ON, – Aphria Inc. (TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today reported its financial results for the third quarter and nine months ended February 28, 2021. All amounts ...
Shawn ‘JAY-Z’ Carter’s MONOGRAM Redefines ‘The Good Life’
LOS ANGELES – Shawn 'JAY-Z' Carter and his cannabis brand, MONOGRAM launched the first installment of a three-part campaign that reimagines the iconic photos of renowned mid-century American photographer Slim Aarons through a contemporary lens. ...
Hotels.com Is Footing the Room Service Bill for Your 4/20 Munchies
DALLAS – Some associate April with rain showers, others with dreaded tax season. With 15 states and counting allowing Mary Jane to legally blow within their borders, many are also now associating it with one ...
Cansortium Announces Closing of Private $17 Million Equity Financing
MIAMI – Cansortium Inc. (CSE: TIUM.U), (OTCQB: CNTMF), today announced the second and final closing of its previously announced private placement of units at a purchase price of US$0.70 per Unit. The second closing was ...
Dragon Glassware Launches New Line for Cannabis Enthusiasts
SACRAMENTO – In a recent Gallup poll, 68% of U.S. adults support legalizing Cannabis, owing to the growing acceptance and popularity of Marijuana. Dragon Glassware's Cannabis Decanter Set offers Cannaseurs a new way to enjoy ...
Mercer Park Brand SPAC to Buy Glass House Group for $567 Million Creating New Brand Platform
TORONTO – Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF), a Special Purpose Acquisition Company (SPAC) with the intent to focus on branded product businesses in cannabis and/or cannabis-adjacent industries, has entered into a ...
Virginia Becomes First Southern State To Legalize Recreational Cannabis
RICHMOND – Virginia became the first of the states of the Old South, and the 16th state in the Union to legalize recreational cannabis Wednesday as lawmakers voted to approve Gov. Ralph Northam's (pictured) bill ...
Curaleaf Opens Two New Philadelphia Retail Locations and Rebrands Nine Other Locations
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a U.S. provider of consumer products in cannabis, announced new Curaleaf branding for the Company's recently acquired retail locations and the opening of two ...
Canadian Cannabis Payments Processor Merrco Announces U.S. Launch For CBD & Ancillary Businesses
TORONTO– Merrco, a payment processing for the cannabis industry, today announced that it has launched in the United States for CBD and cannabis ancillary business payment processing, ahead of legislative changes that would enable Merrco ...
High Point Jewelry Partners with Last Prisoner Project to Support Cannabis Justice Reform
SCOTTSDALE, Ariz.,– High Point Jewelry, a line of luxury cannabis-inspired jewelry (image above), announced it has partnered with Last Prisoner Project, and will donate 100% of the purchase price of its "Legalize It" line of ...
CBD of Denver Inc. Reports First Quarter 2021 Revenue of USD $7.3 Million
DENVER – CBD of Denver, Inc., a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, reported its financial results for the ...
Canopy Growth to Acquire The Supreme Cannabis Company for C$435M
TORONTO, and SMITH FALLS, ON, – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced they have entered into a definitive arrangement agreement under ...
The Valens Company Expands Cannabis Distribution Network with Entry into Manitoba Market
KELOWNA, BC, – The Valens Company Inc (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced that it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a ...
Trulieve Prices Public Offering of Subordinate Voting Shares
TALLAHASSEE, Fla.– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), today announced the pricing of a marketed public offering of 5,000,000 subordinate voting shares in the United States and Canada at a public offering price of ...
The Hub Craft LLC Appoints Shivani Dallas as Chief Strategy Officer
Fitchburg, Massachusetts – The Hub Craft, LLC, a Massachusetts Cannabis company provisionally licensed for Cultivation and Manufacturing in Fitchburg and Clinton, with future cannabis retail operation in Holyoke announced today their appointment of Shivani Dallas ...
Lil Wayne’s GKUA Brand Inks Multi-Year Deal with The Torch to Host VIP Events & Parties
LOS ANGELES – GKUA the consumer lifestyle brand co-founded by artistic giant Lil Wayne, announced today it has entered into a monumental exclusive agreement with the LA Coliseum for all 4/20 events for years to ...
Curaleaf Completes Acquisition of EMMAC and Secures US$130 Million Investment
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis has successfully completed the previously announced acquisition of EMMAC Life Sciences Limited, the largest vertically integrated ...
Cannara Biotech Commence Trading on TSXV on April 8, 2021
MONTREAL – Cannara Biotech Inc (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade indoor cannabis and derivative products with one of the largest indoor cannabis cultivation facilities in Canada and the largest in Quebec, today ...
Khiron Expands Product Offering in UK and Increases Patient Access
TORONTO – Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, is pleased to provide an operational update with regards to ...
