Legal Affairs
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Trump’s Tariffs & Social Program Cuts: Potential Impacts On The Cannabis Industry
NEW YORK--Economic policies don’t just shape government budgets; they create ripple effects across industries, shifting market dynamics, consumer behavior, and business strategies. As the cannabis industry continues to grow and normalize, policies under President Trump ...
The Unregulated Illicit Cannabis Market Is Booming in California
LOS ANGELES-In 2024, California's legal cannabis production experienced an 11.8% increase, reaching 1.4 million pounds, according to a study commissioned by the state's Department of Cannabis Control (DCC). Despite this growth, the illicit cannabis market ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Maryland Governor Expands Cannabis Pardons
LOS ANGELES- Maryland Governor Wes Moore has announced an additional round of approximately 6,938 pardons for individuals previously convicted of simple cannabis possession, following a 2024 executive order that granted clemency to over 175,000 convictions ...
Verano Taps Arizona Partner to Introduce Grow Sciences’ Cannabis Line in Illinois
LOS ANGELES- Verano Holdings Corp. a vertically integrated multi-state cannabis operator, entered into an exclusive distribution partnership with Arizona-based Grow Sciences to launch a curated selection of premium cannabis flower and solventless extracts in Illinois. Starting ...
Court Reverses Health Canada’s Ban on Psilocybin Training for Clinicians
LOS ANGELES- A recent decision by the Federal Court of Appeal ruled that Health Canada’s 2022 refusal to grant exemptions allowing health-care professionals to participate in experiential psilocybin training was unreasonable. The court determined that ...
Missouri’s Largest Cannabis Processing Facility Just Completed
ST. LOUIS–MidWest Roots successfully passed its inception inspection and then, upon licensure, will begin production as soon as adequate supplies of raw materials are secured. Midwest Roots has completed the build out of a 65,000 ...
Petalfast Closes $2.8 Million Round Of Funding Led By Merida Capital Holdings
IRVINE, Calif., –Petalfast Inc. today announces the closing of a $2.8 million capital raise in connection with its latest round of Series A funding. Led by Merida Capital Holdings, the funding provides Petalfast with the opportunity to strengthen ...
Minnesota House Passes Adult Use Recreational Cannabis Bill
ST. PAUL, Minn.– For the first time, the Minnesota House of Representatives passed a bill legalizing recreational cannabis. The House voted 72-61 to approve the bill, but that's as far as the bill will get: ...
dosist™ Launches Advanced CBD+ Topical Collection to Help Address Pain
LOS ANGELES– dosist™ today announced the launch of its progressive new range of CBD+ topical products aimed at disrupting the pain category with all-natural solutions designed to help with pain relief. Launched under their newly created dosist ...
Arcadia Biosciences Acquires Lief Brands’ Portfolio of CBD and Wellness Brands
DAVIS, Calif., – Arcadia Biosciences (Nasdaq: RKDA), today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, ...
MariMed Announced Q1 2021 Financial Results
NORWOOD, Mass.–MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator focused on health and wellness, today announced its financial and operating results for the quarter ended March 31, 2021. Q1 2021 Financial Highlights from Management: ...
Nova Announces First Quarter 2021 Results
EDMONTON, AB–Nova Cannabis (TSXV: NOVC) today released its unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2021. "Nova has been executing its growth strategy to ...
VIVO Cannabis Announces First Quarter 2021 Results
TORONTO–VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) today released its first quarter 2021 financial and operating results. Management Commentary "In the first quarter of 2021, VIVO made significant contributions to its organizational foundation with the ...
iAnthus Reports First Quarter 2021 Financial Results
NEW YORK– iAnthus Capital Holdings, Inc (CSE: IAN) (OTC: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the three months ended March 31, ...
Ascend Wellness Announces Q1 2021 Financial Results
NEW YORK–Ascend Wellness Holdings, Inc. (CSE: AAWH.U), a vertically integrated multi-state operator, today reported its financial results for the quarter ended March 31, 2021. The Company has applied to be quoted on the OTCQX, part ...
WEEDCon Cannabis Rock N’ Roll Golf Tournament Benefits Charity, Attracts Celebs
LOS ANGELES, May 18, 2021 /PRNewswire/ -- on Friday, May 21st, the Inaugural WEEDCon On The Green Dispensary Invitational will take place promoting the medical benefits of cannabis and benefitting nonprofit Safety Harbor Kids. The one day tournament ...
Enveric Biosciences Reports First Quarter 2021 Financial Results
NAPLES, Fla.–Enveric Biosciences, Inc. (NASDAQ: ENVB), a patient-first biotechnology company developing novel cannabinoid (CBD) medicines to improve quality of life for cancer patients, today reported its financial results for the three months ended March 31, ...
Curaleaf to Acquire Colorado-based Los Sueños
WAKEFIELD, Mass.–Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a provider of consumer products in cannabis, today signed definitive documents to acquire the Los Sueños Farms and its related entities, the largest outdoor grow in ...
State B Beverage Co. Announces Partnership with Young America Capital
SQUAMISH, B.C.–State B Beverage Co, a new arrival to the world of cannabis-infused beverages, announced a partnership with Young America Capital, an investment bank based in Mamaroneck, New York, who specialize in serving the needs ...
HEXO Corp To Acquire 48North Cannabis Corp.
OTTAWA- HEXO Corp. (TSX: HEXO) (NYSE: HEXO) and 48North Cannabis Corp (TSXV: NRTH) announced they have entered into a definitive arrangement agreement under which HEXO will acquire, by way of court-approved plan of arrangement under ...
Zenabis Announces First Quarter 2021 Financial Results
VANCOUVER, BC,–Zenabis Global Inc. (TSX: ZENA) announced its financial results for the quarter ended March 31, 2021. All amounts, unless specified otherwise, are expressed in Canadian dollars. First Quarter 2021 Highlighted Financial Results Quantity of cannabis ...
Forian Inc. Announces First Quarter Fiscal 2021 Financial Results
NEWTOWN, Pa.–Forian Inc. (NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, today announced results for its fiscal first quarter ended March 31, 2021. "This quarter was transformational ...
Vireo Health Announces First Quarter 2021 Financial Results
MINNEAPOLIS–Vireo Health International, Inc. (CSE: VREO; OTCQX: VREOF), a physician-led, science-focused multi-state cannabis company, today reported financial results for its first quarter ended March 31, 2021. All currency figures referenced in this press release reflect ...
Green Thumb Industries Reduces Cost of Capital With New Financing
VANCOUVER, B.C.–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, earlier this month announced they had closed on a USD$217M senior non-brokered private placement ...
Lucid Green Inc. Secures $3.1MM Funding
NEW YORK–Lucid Green Inc., today announced funding of $3.1MM from new investors, Bravos Capital, Silverleaf Ventures, and existing investors FGCP and HALLEY Venture Partners. This funding will be utilized to further the adoption of LucidIDs ...
Supreme Cannabis Announces Financial Results for Q3 2021
TORONTO–Supreme Cannabis (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three months ended March 31, 2021. Supreme Cannabis' Management Discussion & Analysis ("MD&A") and condensed interim consolidated ...
Aurora Cannabis Announces Fiscal 2021 Third Quarter Results
EDMONTON, AB–Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), a Canadian company developing cannabinoids worldwide, today announced its financial and operational results for the third quarter of fiscal 2021 ended March 31, 2021. "Consistent with many ...
Nextleaf Solutions Enter Cannabis CPG With Acquisition of Legacy Consumer Brand
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) an innovative cannabis extractor, is pleased to announce its initial entry into branded consumer products, with the acquisition of all rights associated with the award-winning, ...
GrowGeneration Names Dennis Sheldon SVP Global Supply Chain
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers with 53 locations across 12 states, today announced the appointment of Dennis Sheldon to Senior Vice President of Global Supply Chain, effective ...
Trulieve Reports First Quarter 2021 Revenue of $194M, Net Income of $30M
TALLAHASSEE–Trulieve Cannabis Corp (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States, today announced its results for the quarter ended March 31, 2021. The Company became a U.S. reporting company ...
