Legal Affairs
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
Colombian President Renews Call for Cannabis Legalization
LOS ANGELES-Colombian President Gustavo Petro has called on Congress to legalize cannabis cultivation as part of an effort to reduce the violence associated with drug trafficking in the country. Petro argues that the prohibition of ...
Nebraska Lawmakers Deliberate Implementation of Voter-Approved Medical Cannabis Measures
LOS ANGELES- Following the November 2024 approval of Initiatives 437 and 438, which legalized medical cannabis in Nebraska, state legislators are now working to establish a regulatory framework to implement these measures. The approved initiatives ...
Denver Moves Toward Licensing Psychedelic Wellness Centers and Social Clubs
LOS ANGELES- Denver's Department of Excise and Licenses has proposed regulations to oversee psilocybin-based wellness facilities, including yoga studios and social clubs, following Colorado's 2022 voter-approved measure legalizing natural medicines like psilocybin. The proposed regulations ...
Former NBA Player Iman Shumpert Introduces ‘TSA APPROVED’ Cannabis Brand in New York
LOS ANGELES- Former NBA player Iman Shumpert has launched a cannabis brand, TSA APPROVED, in partnership with Glenmere Farms, a licensed cannabis producer in New York. The brand aims to offer high-quality cannabis products while ...
Colorado Governor Jared Polis Issues Pardons for Psilocybin and Psilocin Convictions
LOS ANGELES-- the Psychedelic Science 2025 conference in Denver, Governor Jared Polis signed an executive order granting full, unconditional pardons to individuals convicted under state law for possession of psilocybin and psilocin—substances that became legal for ...
Compass Pathways’ Psilocybin-Based Therapy Reaches Key Milestone in Depression Trial
LOS ANGELES- Compass Pathways has announced that its lead candidate, COMP360, achieved the primary endpoint in a Phase 3 clinical trial evaluating its efficacy in treatment-resistant depression (TRD). In the COMP005 study, involving 258 participants ...
Analysis: What’s Next for Texas THC Policy After Gov. Abbott’s Veto?
DALLAS - In a move that stunned the Texas political establishment and delighted the state’s burgeoning hemp industry, Governor Greg Abbott last weekend vetoed Senate Bill 3 (SB 3), a measure that would have banned ...
WEEDCon Cup Awards Best Cannabis Products for 2021
LOS ANGELES–On Friday May 21st, the 6th WEEDCon Cup awards took place in Los Angeles, CA awarding for excellence in cannabis products for Best Flower, Concentrate, Extract, Edible, Beverage, Tincture, Topical, Best Product and Best Dispensary. The WEEDCon ...
The European Patent Office Grants Cannabics Patent For Personalized Medicine Drug Discovery Technology
TEL AVIV–Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a developer of cancer related cannabinoid-based medicine, announced today that the company's patent titled: "System and Method for High Throughput Screening of Cancer Cells" has been granted by the European Patent Office. ...
Humble Introduces CBD Product Line Designed For An Active Lifestyle
THOUSAND OAKS– Humble Specialty Products, LLC, the company behind Humble Hemp Wraps, announced its newest hemp-derived product line. Created with life enthusiasts in mind, Humble CBD products are designed to serve as everyday essentials for the ...
DEA Announces Intent to License Cannabis Growing Applicants
WASHINGTON, D.C.– After years of delays, stonewalling and procrastination, the US Drug Enforcement Administration has publicly announced its intent to grant cannabis cultivation licenses to a handful of third-party applicants, according to reporting by Norml, a leading ...
Medical Cannabis Approved for Production and Sale in Greece
Athens–The Greek Parliament voted in favor of a bill to legalise the cultivation and sale of medical cannabis. The bill, which was proposed by the main opposition party Syriza, got 158 votes for and 33 ...
10 Cannabis Events Cannabis Investors Must Attend in 2021
OAKLAND–For the booming cannabis space, networking opportunities are crucial for long-term success. Trade shows, conferences, and parties celebrating all things industry are a beloved part of doing business. And while the COVID-19 shifted many events ...
The Arcview Group And Oaksterdam University Partner To Offer Cannabis Investment Workshops
OAKLAND, Calif., – A partnership ‘first,’ The Arcview Group has collaborated with Oaksterdam University (OU) to create a new course titled How to Raise Funds for Your Cannabis Business. Offering an in-depth study of fundraising within the cannabis industry, ...
Nextleaf Awarded U.S. Patent for Method to Increase CBD Concentration in Hemp Biomass
VANCOUVER, B.C.–Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), a cannabis extractor, announced that the United States Patent and Trademark Office has granted the Company a patent to a method for refining raw cannabis plant material, ...
Canopy Growth Welcomes Martha Stewart as Official Strategic Advisor
SMITHS FALLS, ON–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, CBD and vaporization device company announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha ...
Woven Science Launches Psychedelic Care Platform With $8.5M Seed Financing
NEW YORK–Renewed scientific interest in psychedelic medicine is generating a deeper understanding of the pharmacologic substances and practices that humans have long used for ceremonial, therapeutic and cultural purposes. "We're excited by the potential for ...
Herbarium Hosts The CBX Takeover For The Last Prisoner Project
LOS ANGELES–Herbarium is officially partnering with CBX to fundraise for The Last Prisoner Project and advocate for the decriminalization of cannabis. CBX Takeover, presented by Herbarium and CBX, will be held May 28th, 2021 in ...
BOLD Receives Cannabis Oil Sales License From Health Canada
SASKATOON–BOLD Growth Inc., a licensed producer based in Saskatchewan is pleased to announce it has been granted a license from Health Canada to sell cannabis oil products, effective May 12, 2021. This license will allow ...
Delta 8 THC is a Fun Version of Weed – Ministry of Hemp’s Podcast #61
LOS ANGELES–The Ministry of Hemp's 61st episode saw the host Matt sit down with Jordan Lams, the CEO of Moxie, a Long Beach-based marijuana cultivation and manufacturing company. The duo wanted listeners to know how it feels ...
Prima Closes $9.2 Million Seed Plus Financing
LOS ANGELES–The Uplifters' Prima, PBC a purpose-driven brand focused on science-backed plant therapeutics and cannabinoids, today announced the close of a $9.2 million Seed Plus financing led by leading institutional venture firms Greycroft, H Ventures, Defy, and Lerer ...
Flash Report: Memorial Day Weekend Cannabis Sales Predicted To Reach $238M
DENVER–Business intelligence from Akerna (Nasdaq: KERN), an enterprise resource planning (ERP) software technology platform, predicts that Memorial Day weekend will be high grossing for the cannabis retail industry, with approximately $238,000,000 in adult-use and medical ...
Charlotte’s Web Unveils New In-Store Displays As Retail Rebounds
BOULDER–Consumers are finally returning to in-store shopping for their health and wellness needs. Charlotte's Web Holdings Inc., today unveiled two retail innovations: a first-to-market high tech in-store kiosk that doubles as an educational resource for ...
Cannibble Enters Canadian Cannabis Edibles market
ROSH HAA'YIN, Israel–Cannibble FoodTech Ltd an Israeli Foodtech start up, announced that it reached an agreement to develop a new line of CBD infused shakes with one of Canada's leading Cannabis companies. Cannibble will develop ...
Stability Cannabis Close $44 Million Series A Funding Round
OKLAHOMA CITY–Cannabis cultivator and distributor Stability Cannabis has successfully closed a $44 million series A funding round; acquires minority equity position in Missouri cannabis operation. "The accelerating growth and profitable operating profile of Stability Cannabis ...
Panaxia And Leriva Announce Exclusive Cannabis Collaboration In Greece
ATHENS and TEL AVIV–Panaxia Israel (TASE: PNAX), Israel's leading medical cannabis products manufacturer and Leriva Group, one of Greece's leading distributors of medical equipment, medical supplies and health services, announced today, Wednesday May 19, 2021, ...
Cookies and WebberWild Join Forces to Launch Cookies U
HUMBOLDT–Cookies' Social Impact Program, an initiative by international cannabis brand COOKIES dedicated to creating a more equitable and accessible cannabis industry, and WebberWild Impact Foundation "WebberWild," a non-profit organization that funds education and training for persons ...
Greenlane Announce Quarter 1, 2021 Revenues
BOCA RATON–Greenlane Holdings, Inc. (Nasdaq: GNLN), one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2021. First Quarter ...
TerrAscend Reports First Quarter 2021 Results
NEW YORK and TORONTO–TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported financial results for its first quarter ending March 31, 2021. First Quarter 2021 Financial Highlights (Unless otherwise stated, ...
Leaf Infusions 15,000 Sq. Ft. Cannabis Co-Packing Facility for “White Label Products” in Metro Vancouver
NEW WESTMINSTER, B.C.–Leaf Infusions has begun the construction process of its 15,000 square foot facility in New Westminster, British Columbia. Leaf Infusions provides 'white-label', that is, turn-key cannabis co-packing solely focused upon formulation, testing, manufacturing, ...
