Legal Affairs
Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually
LOS ANGELES- The United States' federal stance on cannabis exports is potentially costing the economy up to $10 billion each year, according to industry analyses. While domestic cannabis sales are projected to reach $35.3 billion ...
LEEF Brands Reports Financial Results
LOS ANGELES- LEEF Brands Inc. a vertically integrated cannabis company based in California, has released its financial results for the first quarter of 2025 and the full year of 2024. The company reported a 19% ...
California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES- California's legal cannabis industry is confronting a potential tax increase that stakeholders warn could exacerbate existing challenges. Assembly Bill 564 (AB 564), introduced by Assemblymember Matt Haney (D-San Francisco), seeks to prevent the ...
Hemp-Derived CBD Market Set to Expand Significantly by 2034
LOS ANGELES- The global hemp-derived cannabidiol (CBD) market is forecasted to grow from $8.28 billion in 2023 to $46.25 billion by 2034, with a compound annual growth rate (CAGR) of 16.93%, according to Research and ...
DEA Faces Allegations of Bias in Cannabis Rescheduling Process
LOS ANGELES- The Drug Enforcement Administration (DEA) is under scrutiny following allegations of bias in its handling of the cannabis rescheduling process. Pro-cannabis advocates assert that the agency has demonstrated an "unalterably closed mind" toward ...
Ohio’s Cannabis Market Expansion in 2024
LOS ANGELES- In 2024, Ohio's legal cannabis market achieved sales exceeding $675 million, marking a 40% increase from the previous year's $484 million. This growth is attributed to the commencement of adult-use cannabis sales in ...
Agrify Divests Cultivation Business to Focus on THC Beverages
LOS ANGELES- Agrify Corporation, a provider of solutions for the cannabis and hemp industries, has sold its cultivation business to CP Acquisitions, LLC, an entity affiliated with former CEO Raymond Chang. The transaction, completed on ...
Federal Inaction on Cannabis Exports May Cost U.S. Economy $10 Billion Annually
LOS ANGELES- The United States' federal stance on cannabis exports is potentially costing the economy up to $10 billion each year, according to industry analyses. While domestic cannabis sales are projected to reach $35.3 billion ...
LEEF Brands Reports Financial Results
LOS ANGELES- LEEF Brands Inc. a vertically integrated cannabis company based in California, has released its financial results for the first quarter of 2025 and the full year of 2024. The company reported a 19% ...
California Lawmakers Advance Bill to Halt Cannabis Excise Tax Increase
LOS ANGELES- California's legal cannabis industry is confronting a potential tax increase that stakeholders warn could exacerbate existing challenges. Assembly Bill 564 (AB 564), introduced by Assemblymember Matt Haney (D-San Francisco), seeks to prevent the ...
Aphria Shareholders Overwhelmingly Approve Proposed Arrangement With Tilray
LEAMINGTON, ON–(TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today announced that its holders of Aphria's common shares at the special meeting of Aphria Shareholders approved the previously announced arrangement under the Business ...
Lumiera Health Begins Sales Of Awaye™ Pain Relief Cream and Launches DTC e-Commerce
MONTREAL– Lumiera Health Inc. (TSXV: NHP), a company specializing in the development and commercialization of evidence-based botanical products for the healthcare industry, announced the launch of Awaye™ pain relief cream for the Canadian market. Awaye™ provides ...
C21 Announces Release Date of Fiscal Year End Financial Results
VANCOUVER, B.C.,– C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF), a vertically-integrated cannabis company today announces it will release its year end audited financial results on May 18, 2021. The Company has received the requisite approvals ...
Nextleaf Solutions Awarded U.S. Patent for Synthesizing THC-O-Acetate
VANCOUVER, B.C.– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA), the world's most innovative cannabis processor, announced that the United States Patent and Trademark Office has granted the Company a patent pertaining to a ...
Tryp Therapeutics to Host Investor Day on April 22
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced that it will be hosting its quarterly Investor Day on Thursday, April 22 ...
Grower Essentials: The Gas Lantern Technique
OAKLAND, California – Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some tried and true methods ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Organigram Reports Second Quarter Fiscal 2021 Results
MONCTON, New Brunswick – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a licensed producer of cannabis, announced its results for the second quarter ended February 28, 2021. “Although Q2 ...
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 ...
