Legal Affairs
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
TILT Holdings Addresses Default Notices from Innovative Industrial Properties
LOS ANGELES- TILT Holdings Inc., a provider of cannabis business solutions, has received default notices from Innovative Industrial Properties (IIP) concerning two properties due to outstanding rental obligations. The properties in question are located ...
AYR Wellness Announces Leadership Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, has announced recent adjustments to its executive team. Effective April 4, 2025, Steven M. Cohen stepped down as Interim Chief Executive Officer, a position he ...
Tariffs Expected to Increase Costs for U.S. Cannabis Consumers
LOS ANGELES- Recent tariff measures introduced by the U.S. administration are projected to raise the prices of cannabis products nationwide. The cannabis industry, which relies significantly on imports for various components, is poised to experience ...
Ireland Could Make Great Cannabis Policy: Examining the Past to Look Forward
LOS ANGELES - Access to safe and controlled cannabis for the Irish people is being decided upon in 2025. Watching a country make cannabis history is fascinating; Ireland and Europe at large are grappling with ...
Cannabis Earnings Outlook Dims as Q2 2025 Looms, Latest Analysis
LOS ANGELES – As the Cannabis industry braces for Q2 2025 earnings releases in early August, a sobering picture emerges from Viridian Capital Advisors’ Chart of the Week. Ten of twelve tracked companies are projected ...
Cash, Crime, and Cannabis: Attorneys General Push Congress on SAFER Banking Act
WASHINGTON, D.C.–In a rare show of bipartisan unity, attorneys general from 32 states and U.S. territories issued a pointed appeal to Congress on Thursday: pass the SAFER Banking Act of 2025 — and finally bring ...
Cresco Labs Exits California Cannabis Market in Bold Strategic Pivot
LOS ANGELES – Cresco Labs Inc. (OTCQX: CRLBF), a multistate cannabis operator, announced its withdrawal from California, the world’s largest cannabis market. This move aligns with the company's broader strategic restructuring aimed at stabilizing its ...
PharmaCielo Announces Financial Results for the First Quarter Ended March 31, 2021
TORONTO–PharmaCielo Ltd. (TSXV: PCLO), (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the first quarter ended March 31, 2021. Management Commentary "Our results ...
Kiaro Enters Ontario, US & Australia Via Strategic Acquisition of Cozy Cannabis
VANCOUVER, BC– Kiaro Holdings Corp. (TSXV: KO), a cannabis retailer and wholesale distributor, announced that the Company has entered into a definitive agreement to acquire all issued and outstanding shares of Sculthorp SEO Inc., which currently ...
Inner Spirit Holdings Announces First Quarter 2021 Financial Results
CALGARY, AB–Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has filed its consolidated financial statements for the quarter ...
Harborside Inc. Reports First Quarter 2021 Financial Results
OAKLAND–Harborside Inc. (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today reported its financial results for the first quarter ending March 31, 2021. Management Commentary "Our Q1 results reflect the strength of our ...
Schwazze Acquires Southern Colorado Growers
DENVER–Schwazze, (OTCQX: SHWZ) announced signed definitive documents to acquire the assets of Southern Colorado Growers ("SCG") in Huerfano County, Colorado. The proposed transaction includes 34 acres of land with outdoor cultivation capacity, as well as indoor, greenhouse, and ...
Canopy Growth Reports Fourth Quarter and Fiscal Year 2021 Financial Results
SMITHS FALLS, ON,–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) today announced its financial results for the fourth quarter and Fiscal Year 2021 ended March 31, 2021. All financial information is reported in Canadian dollars, unless ...
UK’s First Educational Cannabis Advertising Campaign
LONDON–For the first time ever, the Advertising Standards Authority (ASA) & Committees of Advertising Practice (CAP) has approved an educational cannabis message to be advertised in the public domain - a big step forward for ...
Elegance Brands Launches Self-Distribution Company In Southern California
LOS ANGELES–Elegance Brands, Inc, a beverage company with a focus on innovation, announced today the launch of its own self-distribution company – aptly named "Elegance Distribution Company" – to distribute Elegance Brands products throughout Los ...
Next Green Wave Releases Q1 2021 Results and Launches New Product
VANCOUVER, B.C.–Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF), a premium seed-to-shelf craft cannabis producer, announces the following operational and financial updates: Product Launch Last week, the Company made its first sale of its brand ...
Heritage to Acquire Bloom Brands Of California
TORONTO–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF), is pleased to announce that it has entered into a non-binding letter of intent to purchase all of the issued and outstanding common shares of California based ...
Simpson Foundation Announces Successful Product Launch of Rick Simpson Oil (RSO)
SAN FRANCISCO–Simpson Foundation, Inc, which operates, and partners with university research centers across the United States, is pleased to announce their lab tested, A-grade formula of Rick Simpson Oil (RSO). Famously favored California Rick Simpson ...
GrowGeneration Launches E-Commerce Platform, Introduces Buy Online, Pick Up in Store
DENVER–GrowGeneration Corp. (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced the launch of GrowGeneration.com. The company's newly redesigned e-commerce platform now includes the option to Buy Online Pickup in Store. ...
Native Roots Launches Clean Stock Program in Colorado With Front Range Biosciences
BOULDER–Front Range Biosciences, a cannabis and hemp genetics platform company, announced today plans to begin a partnership with Colorado's leading medical and adult use cannabis operator, Native Roots Cannabis Co. Under the agreement, Native Roots ...
Choom Announces Q3 2021 Results
VANCOUVER, B.C.– Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company is pleased to report its financial and operating results for Q3 2021, ending March 31, 2021. Q3 Financial Highlights: Q3 2021 Revenue ...
WeedMD and CannTx Life Sciences Create a Cannabis Cultivation and Consumer Product Portfolio
TORONTO– WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally licensed producer and distributor of medical-grade cannabis is pleased to announce it has signed a Letter of Intent to acquire all of the issued and outstanding shares of renowned ...
Emerald Health Therapeutics Reports 2021 First Quarter Financial Results
VANCOUVER, B.C., Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQX: EMHTF) released its financial results for the three months ended March 31, 2021. "In the year to date, our renewed business plan has become more visibly ...
Harborside Announces Agreement to Acquire Sublime for US$43.8 Million
OAKLAND, CA– Harborside (CSE: HBOR) (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced it has signed a definitive agreement to acquire 100% of the issued and outstanding equity of Sublimation Inc. whose brand ...
Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results
VANCOUVER, BC–Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 95 dispensaries throughout Arizona, today reported its financial and operating results for ...
Nextleaf Solutions Provides Q2 Update
VANCOUVER, B.C., Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor, provided shareholders with the following commercial update and comments on its second-quarter results: Nextleaf Provides Commercial Update Nextleaf announced that subsequent to ...
WILD HEMP Hemp Cigarillos Expand Sales Through Retail
DALLAS–WILD HEMP expanded its portfolio of hemp smokeables with the launch of five new flavored hemp Wild Hemp Cigarillos offerings. Made in the USA from high quality certified US-grown hemp flower, hemp-wrapper, and hemp-flavors, the Wild Hemp ...
Green Thumb Closes on Acquisition of Massachusetts Cannabis Operator Liberty Compassion Inc.
CHICAGO–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of Rise Dispensaries, today announced that it has closed on an acquisition of Liberty Compassion, Inc., a Massachusetts-based ...
Cresco Labs Announces First Quarter 2021 Financial Results
CHICAGO–Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ), a vertically integrated multistate operator and a wholesaler of branded cannabis products, today announced its financial results for the first quarter ended March 31, 2021. First ...
Bill to End Federal Cannabis Prohibition Reintroduced in U.S. House of Representatives
Washington, D.C. — On Friday, Rep. Jerrold Nadler (D-NY) reintroduced the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act. If enacted, the MORE Act would end the federal prohibition of cannabis by removing it from the Controlled ...
The Modern Cannabis Group’s Budtenders Join Teamsters Union
CHICAGO–Budtenders at Modern Cannabis (MOCA) in the River North neighborhood of Chicago have voted overwhelmingly to join Teamsters Local 777 – the first group of cannabis workers to do so. "Congratulations to our newest members," ...
Gage Growth Corp. Announces First Quarter 2021 Results
DETROIT–Gage Growth Corp. (CSE: GAGE) a leading high-quality cannabis brand and operator in Michigan, today reported its financial results for the three months ended March 31, 2021. All currency references used in this press release ...
