Legal Affairs
Washington State Senate Committee Advances Cannabis Direct Sales Bill
LOS ANGELES- The Washington State Senate Labor and Commerce Committee held a public hearing on Senate Bill 5403, legislation proposing to allow licensed cannabis producers and processors to sell cannabis flower directly to consumers. The ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Colorado Issues Initial Psilocybin Business Licenses
LOS ANGELES- In January 2025, Colorado began accepting applications for psilocybin-related business licenses, following the approval of regulations by the Department of Regulatory Agencies and the Department of Revenue. These licenses encompass roles such as ...
Italy’s Proposed Ban on Hemp Flower Sales Raises Industry Concerns
LOS ANGELES- Italy's "cannabis light" sector, which has experienced significant growth since the legalization of hemp in 2016, faces potential disruption due to proposed legislation aimed at banning products derived from hemp flowers. Prime Minister ...
Tech Pioneer James Clark Revives Eaze with $10M Investment
LOS ANGELES- James Clark, a tech industry veteran known for transformative ventures like Netscape, has turned his attention to the cannabis sector with a bold acquisition. In August, his firm FoundersJT LLC purchased the assets ...
Ireland’s Fianna Fáil Clarifies Stance on Drug Decriminalization: Focus on Cannabis, Excludes Hard Drugs
LOS ANGELES- Fianna Fáil has clarified its stance on drug decriminalization, specifying that its proposal to decriminalize possession for personal use applies exclusively to cannabis and excludes substances such as cocaine and heroin. This clarification ...
Idaho Activists File Cannabis Decriminalization Measure for 2026 Ballot
LOS ANGELES- In a strategic move following the rejection of cannabis legalization measures in three states during the 2024 general election, Idaho advocacy group Kind Idaho has submitted a ballot initiative aimed at decriminalizing personal ...
Washington State Senate Committee Advances Cannabis Direct Sales Bill
LOS ANGELES- The Washington State Senate Labor and Commerce Committee held a public hearing on Senate Bill 5403, legislation proposing to allow licensed cannabis producers and processors to sell cannabis flower directly to consumers. The ...
New Hampshire House Approves Limited Cannabis Legalization Bill
LOS ANGELES- The New Hampshire House of Representatives passed House Bill 75, a Republican-sponsored measure that legalizes the personal use and possession of cannabis for adults aged 21 and over. The bill, introduced by Representative ...
Colorado Issues Initial Psilocybin Business Licenses
LOS ANGELES- In January 2025, Colorado began accepting applications for psilocybin-related business licenses, following the approval of regulations by the Department of Regulatory Agencies and the Department of Revenue. These licenses encompass roles such as ...
Zenabis Announces Launch of Re-Up Pre-Roll Multipacks
VANCOUVER, BC– Zenabis Global Inc. (TSX: ZENA) announced the launch of pre-roll multipacks as well as new distribution agreements. Zenabis' continues to expand on the popularity of its value-oriented Re-Up portfolio with the launch of its new 10 ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a good fit for the global cannabis industry. In the first two ...
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
CALGARY, AB– High Tide (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of Smoke ...
Curaleaf Introduces “Select Squeeze” THC Beverage Enhancer
WAKEFIELD, Mass.– Curaleaf (CSE: CURA /OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, has launched Select Squeeze, a fast-acting THC-infused beverage enhancer featuring Nano-emulsification technology. In addition to the product's innovative nature, the debut ...
MariMed Reports Record Fourth Quarter and Full Year 2020 Financial Results
NORWOOD, Mass.– MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today reported financial and operating results for the three and twelve-month periods ended December 31, 2020. Fourth Quarter 2020 ...
Legendary Street Artist JonezyArtwork and Unite Vapeware Collaborate to Bring Urban Art to the Cannabis Vape Industry
SACRAMENTO– Unite Vapeware, a leading California-based designer, manufacturer, and supplier of high-end vape-related products has teamed up with famed street artist "JonezyArtwork" to create the "Unite Artist Collection". The collaboration was designed to allow consumers ...
El Blunto Partners with Papa’s Select For Limited Edition 420 Cannabis Cigars
LOS ANGELES– El Blunto, one of California's top blunt producers, announces the release of two special edition El Blunto cannabis cigars made with top-shelf flower and infused with Papa's Select premium living extracts. This marks ...
Harborside Secures $12 Million Revolving Credit Facility
OAKLAND– (CSE: HBOR) (OTCQX: HBORF), Harborside, a California-focused, vertically integrated cannabis business, announced it has entered into a loan financing arrangement with a commercial federally regulated bank, in the amount of US$12 million due March 2024. Harborside ...
Trulieve Reports Fourth Quarter and Full-Year 2020 Results
TALLAHASSEE– (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter and year ended December 31, 2020. The Company became a U.S. reporting company ...
Khiron Medical Cannabis Products Arrive in Germany for Immediate Prescription, Sale and Distribution
TORONTO–Khiron Life Sciences Corp. ("Khiron" or the "Company") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, is pleased to announce that the Company has ...
GrowGeneration Acquires Agron.io B2B Integrated Platform
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Agron.io, a leading wholesale agriculture platform that allows commercial growers to manage their purchasing and ...
Yooma Wellness Inc. Acquires Socati Corp. In US$25MM Transaction
TORONTO– Yooma Wellness Inc. (CSE: YOOM), an emerging marketer and distributor of cannabinoid and hemp-derived wellness products, today announced that it acquired Socati Corp., a U.S. based manufacturer and seller of premium-quality cannabinoid ingredients and ...
Alcanna & YSS Corp. Close Reverse Takeover To Create “Nova Cannabis Inc.”
EDMONTON and CALGARY, AB, – Alcanna Inc. (TSX: CLIQ) and YSS Corp. (TSX-V: YSS; WCN: A2PMAX; and OTCQB: YSSCF) announce the completion of their business combination previously announced on January 18, 2021, which resulted in ...
FDA Warns Companies Illegally Selling Over-the-Counter CBD Products for Pain Relief
SILVER SPRING, Md.,– The U.S. Food and Drug Administration has issued warning letters to two companies for selling products labeled as containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act ...
Akerna Announces Financial Results for the Quarter Ended December 31, 2020
DENVER–Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider and developer of seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), today reported its unaudited financial results for the quarter ended December 31, 2020. "In ...
Greenrose SPAC Acquires 4 Cannabis Businesses Creating New Vertically Integrated Company
AMITYVILLE, N.Y.– Greenrose Acquisition Corp. (NASDAQ: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into definitive agreements to acquire four cannabis companies (The Platform). The companies ...
War On Drugs Ends For Residents Of Cambridge Massachusetts
CAMBRIDGE – Cambridge's City Council agreed 8-1 last month with an order written by councillor Jivan Sobrinho-Wheeler that the city make arresting adults with controlled substances “amongst the lowest law enforcement priority” and that the ...
California Cannabis Equity Grants Program Provides $15 Million in Grant Funding for Local Jurisdictions
Sacramento, CA – The Governor’s Office of Business and Economic Development (GO-Biz), in partnership with the Bureau of Cannabis Control, today announced $15 million in grant funding through the Cannabis Equity Grants Program for Local Jurisdictions. ...
Nabis Announces Exclusive Partnership with PLUS to Distribute All THC Products in California
OAKLAND– Nabis, one of California's cannabis wholesale marketplaces, announced today that the company entered into an exclusive partnership with Plus Products Inc. (CSE: PLUS) to provide licensed distribution for their cannabis products in California. "PLUS ...
SAFE Banking Act for Cannabis Industry Reintroduced in House
WASHINGTON, D.C.–Reps. Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velázquez (D-NY), and Warren Davidson (R-OH) reintroduced the Secure and Fair Enforcement (SAFE) Banking Act today, which would provide protections for financial institutions serving cannabis-based businesses ...
Curaleaf’s Select Brand Introduces “Select Fresh” Line in 10 States
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced the latest addition to its suite of products with Select Fresh, which will make history ...
Study: New Yorkers Support Recreational Cannabis, Just Not in Their Neighborhood
NEW YORK– While 61% of New York State residents support the legalization of adult-use recreational cannabis sales, more than half (52%) of those living in New York City would oppose its sale in their neighborhood. ...
Canopy Growth Announces US$750 Million Term Loan Financing
SMITHS FALLS, ON– Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is pleased to announce that it has entered into a credit agreement with Funds advised by King Street Capital Management, L.P. Under the Credit Agreement, ...
GrowGeneration Enters Massachusetts’ Cannabis Market Via Acquisition of Aquarius Hydroponics
DENVER– GrowGeneration Corp. (NASDAQ: GRWG), a specialty hydroponic and organic garden centers, today announced its acquisition of Aquarius Hydroponics, an indoor-outdoor garden supply center specializing in hydroponics systems, lighting and nutrients. Aquarius Hydroponics is one ...
Hemp Bombs Extends CBD Edibles line with New Flavors and Formats
TAMPA–Global Widget, the manufacturer and distributor of iconic CBD brands Hemp Bombs, Nature's Script™ and Perfect Paws Hemp, announces the expansion of its best-selling, industry award-winning CBD edibles from Hemp Bombs with four new and improved products: Immunity ...
