Legal Affairs
LEEF Brands to Enter New York’s Expanding Cannabis Market with Acquisition of Tier 1 Processing License
LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to ...
Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES- Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, has bolstered its financial position by obtaining approximately $9.7 million through two strategic financial maneuvers. Employee Retention Credit (ERC) Refund Proceeds The company received ...
Greenlane Holdings Completes $25 Million Private Placement to Strengthen Financial Position
LOS ANGELES -Greenlane Holdings, Inc, a seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, has successfully closed a $25 million private placement. The offering, priced at $1.19 per Common Unit, was conducted ...
LA County DA Launches Campaign to Educate Teens on Cannabis Risks
LOS ANGELES- Los Angeles County District Attorney's Office has initiated a public service campaign to educate youth and caregivers about the risks associated with modern cannabis products, which are significantly more potent than those available ...
Chicago Atlantic Real Estate Finance Reports Q3 2024 Financial Results
LOS ANGELES- Chicago Atlantic Real Estate Finance Inc. has released its financial results for the third quarter of 2024, highlighting key metrics and strategic developments. As of September 30, 2024, the company's loan portfolio stood ...
Medicinal Cannabis Companies Target Veterans with Social Media Promotions, Raising Ethical Concerns
LOS ANGELES- Recent reports indicate that medicinal cannabis companies are increasingly targeting veterans through social media platforms, promoting free products and subscription services. This marketing strategy aims to attract veterans by offering complimentary samples and ...
Republican Gains in Last Week’s Election Signal Setbacks for U.S. Cannabis Legalization
LOS ANGELES – Last Wednesday’s election marked a pivotal moment in U.S. cannabis policy, as Republican gains across several states stoked a fresh wave of resistance against adult-use cannabis legalization. This shift, especially pronounced in ...
LEEF Brands to Enter New York’s Expanding Cannabis Market with Acquisition of Tier 1 Processing License
LOS ANGELES- LEEF Brands Inc. California-based cannabis extraction company, has announced the signing of a binding Letter of Intent to acquire a Tier 1 processing license in New York. This strategic move positions LEEF to ...
Jushi Holdings Secures $9.7 Million Through ERC Refund and Debt Financing
LOS ANGELES- Jushi Holdings Inc. a vertically integrated, multi-state cannabis operator, has bolstered its financial position by obtaining approximately $9.7 million through two strategic financial maneuvers. Employee Retention Credit (ERC) Refund Proceeds The company received ...
Greenlane Holdings Completes $25 Million Private Placement to Strengthen Financial Position
LOS ANGELES -Greenlane Holdings, Inc, a seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, has successfully closed a $25 million private placement. The offering, priced at $1.19 per Common Unit, was conducted ...
Limitless CEO Jas Mathur and Floyd Mayweather partner to launch CBD product line SMILZ
LOS ANGELES– Jas Mathur, global business titan, and his longtime associate megastar Floyd Mayweather today announced the launch of SMILZ, a full spectrum CBD brand. Created to serve a market of customers that have a range of ...
High Tea Cannabis Co. Announces 11 New Locations Across Ontario
BRAMPTON, ON– Legal cannabis retailer, High Tea Cannabis Co., announced the establishment of 11 additional dispensaries across Ontario. Originally based in Brampton, the new stores will span across east and southwestern Ontario to cater to ...
Cannabis Legends: Irishman William Brooke O’Shaughnessy
Sir William Brooke O'Shaughnessy (1809-1889) was an early pioneer of the cannabis industry. William O’Shaughnessy was born in Limerick, Ireland, during the days of the British Empire. Talented in science and medicine, he was accepted ...
Green Thumb Industries Reports Fourth Quarter and Full Year 2020 Results
CHICAGO and VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of ...
Sundial Reports Full Year and Fourth Quarter 2020 Financial and Operational Results
CALGARY– Sundial Growers Inc. (NASDAQ: SNDL) reported its financial and operational results for the full year and fourth quarter ended December 31, 2020. All financial information in this press release is reported in millions of Canadian ...
Goodekind Launches Delta 8 THC Organic and Vegan Gummies
LOS ANGELES– Goodekind, a woman and minority-owned social enterprise that focuses on creating organically grown and consciously sourced hemp products, has released a new product line consisting of non-GMO, organic, and vegan Delta 8 THC ...
Dutchie Acquires Leaflogix And Greenbits & Closes $200M Series C
LOS ANGELES– Dutchie is a point-of-sale commercial software platform enabling dispensaries to have access to the type of technology and tools needed to operate in cannabis. They raised their largest funding to date, $200 million ...
Global CBD Skin Care Market Forecast To Be $3.45 Billion By 2026
PALM BEACH–The personal care industry has witnessed a shift in consumer demand toward CBD infused skin care and CBD healthcare products. The category has grown exponentially over the past few years. That growth is expected ...
Cannabis Beverages Market Size Forecast To Reach 18% CAGR By 2025
FELTON, Calif., – The global cannabis beverages market is estimated to reach USD $2.8 billion, by 2025, and is projected to grow at a CAGR of 17.8% from 2019 to 2025, according to a new report ...
Aleafia Health Launches Cannabis Soft Chews by Bogart’s Kitchen
TORONTO– Aleafia Health Inc. announced the launch of THC soft chews under its edibles brand Bogart’s Kitchen. They represent Aleafia Health’s premiere cannabis edible product and the first launch under the Bogart’s Kitchen banner. They ...
Cannabis Events Plan Comeback, Anticipating End of Pandemic
LOS ANGELES – The cannabis events circuit is coming back to life after the long hiatus because of the pandemic. Of the recent events announced, these include the annual Cannabis Business Summit & Expo is ...
Kristen Bell Launches Happy Dance CBD Brand with Cronos Group
TORONTO – Cronos Group Inc. (TSX: CRON) today announced the launch of Happy Dance, a new, clean, simple CBD skincare brand, co-founded with actress and New York Times best-selling author Kristen Bell. Happy Dance launches with ...
Khiron Becomes First Colombian Company to Legally Export Cannabis To Europe
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) a vertically integrated cannabis compant with core operations in Latin America and Europe, has announced the Company has successfully exported its registered Colombian cannabis strains, in live clones, to Europe. ...
BT DE Investments Inc. Acquires Stake in Organigram Holdings
WILMINGTON, Del.– BT DE Investments Inc. announced today that it has acquired 58,336,392 common shares of Organigram Holdings Inc. in an agreement dated March 10, 2021. The Purchaser is a wholly owned indirect subsidiary of British ...
Lucky Strike Maker Invests $177 Million In Organigram To Develop Cannabis Products
MONCTON, New Brunswick – Organigram announced a C$221 million strategic investment from a wholly-owned subsidiary of BAT. The BAT subsidiary has subscribed for approximately 58.3 million common shares of OGI, which represents a 19.9% equity interest ...
Psychedelic Company Delic Appoints Zak Garcia From BulletProof As New CMO
VANCOUVER, BC – Delic Holdings, a psychedelic wellness-focused company, is pleased to announce the appointment of Zak Garcia, former CMO of Bulletproof Inc., makers of Bulletproof® Coffee, as Chief Marketing Officer. (Pictured: Zak Garcia) Matt Stang commented "Zak ...
Akerna to Acquire Viridian Sciences SAP Software System
DENVER – Akerna, an enterprise software and compliance technology provider, developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology, announced it signed an agreement to acquire Viridian Sciences, a cannabis business ...
Silo Wellness Strikes Deal With Bob Marley Estate For Mushroom Brand
MONTEGO BAY–Silo Wellness Inc., a wellness company in the psychedelics and functional mushrooms, announced it has entered into a multi-year license agreement with the family of legendary musician Bob Marley for the exclusive worldwide rights ...
Mexico’s Congress Approves Landmark Cannabis Bill
MEXICO CITY — Lawmakers in Mexico approved a bill Wednesday night to legalize recreational cannabis which creates the largest market for cannabis in the world, eclipsing their neighbor, California. The measure is widely expected to ...
Akerna To Announce 4th Q & Results To December 31, 2020, Monday, March 22, 2021.
DENVER– Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), will report financial results for the quarter ended December ...
Survey Finds A Majority Of New York Voters Support Accelerated Rollout Of Legalized Cannabis
WAKEFIELD, Mass., – A new survey conducted by Siena College Research Institute on behalf of Curaleaf Holdings, Inc. a U.S. provider of consumer products in cannabis, finds 57% of New Yorkers favor a faster rollout ...
Top Tips For Using CBD For Arthritis Pain Management
HCN– Cannabidiol (CBD) has been widely popularized as a potential treatment for forms of chronic pain such as arthritis pain and other types of joint pain. Does the science support the idea that CBD might ...
Exploring Cannabis Funding Around the World — Oceania
HCN Investigates – Oceania, which comprises Australia, New Zealand, and the surrounding islands, is expected to embrace both medical and recreational cannabis in the near future. According to cannabis analytics firm Prohibition Partners, the Oceanian ...
Dip Devices “Little Dipper” Promises Big Dabs From A Little Package
For the consummate cannabis concentrate enthusiast, one form of dabbing is never enough. Sometimes a massive rig made of heady glass complete with matching blowtorch is the flavor of the moment, other times an e-nail ...
California Cannabis Brand Launches Purposeful Pre-Rolls Donating $8.46 To Help End Mass Incarceration
VENICE, CA, – Substance, a premium California cannabis brand committed to propelling racial equity will release limited edition premium pre-rolls to help in the fight to end mass incarceration. In a purposeful collaboration ...
