Legal Affairs
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Italy Enacts Security Decree Targeting Protests, Squatting, and Cannabis Industry
LOS ANGELES— Italy's Senate has passed a comprehensive security decree introduced by Prime Minister Giorgia Meloni's right-wing coalition, intensifying penalties for public demonstrations, unauthorized property occupations, and the commercial sale of certain cannabis products. The ...
Czech Republic Advances Cannabis Decriminalization
LOS ANGELES— The Czech Republic's Chamber of Deputies has approved a significant amendment to the nation's criminal code, decriminalizing the possession and cultivation of cannabis for personal use. The measure permits adults to grow up ...
Ascend Wellness Secures $50 Million Through Private Placement of Senior Secured Notes
LOS ANGELES- Ascend Wellness Holdings, Inc. a multi-state, vertically integrated cannabis operator, has completed a $50 million private placement of its 12.75% senior secured notes due 2029. The notes, issued at 97.5% of face value, ...
California Lawmakers Back Pause on Recent Cannabis Tax Hike
LOS ANGELES – The California Senate approved Assembly Bill 564, a measure that would roll back a recent jump in the state's Cannabis excise tax for five years, sending it back to the Assembly for ...
Schwazze Nears Debt Restructuring Echoing Ayr Wellness Strategy
DENVER – Schwazze approaches a debt restructuring that closely follows the path set by Ayr Wellness, as financial strains push more companies in the sector toward creditor-driven asset reallocations. Ayr Wellness Inc., a Miami-headquartered MSO, ...
Cannabist Expands Ohio Footprint with Norwalk Dispensary Opening
NORWALK – The Cannabist Company marked a key step in its regional strategy by opening its first branded retail outlet in Norwalk, Ohio. The location represents the company's sixth storefront in the state and introduces ...
10 Women Cultivators and Business Owners in Cannabis & Why We Should Support Them
MIAMI–The world is male dominated and it shouldn’t be. Women are definitely the backbone and magic in every society in every nation. The two highest IQ scores in history belong to women. In 2018, it ...
France Becomes The First Country to Ban All Five Pesticides Linked to Bee Deaths
PARIS – France, inadvertently, is now leading the world in saving the bees by setting a benchmark in the global effort to save the bees and prevent “ecological Armageddon.'' This is very relevant to cannabis. ...
Nextleaf’s State B To Be Featured On Canada’s ”Dragon’s Den” TV Show
VANCOUVER, B.C.–Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an extraction company that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, with State B Cannabis Beverage Co. is ...
Chicago’s Green Thumb Industries Acquires Virginia’s Dharma Pharmaceuticals
CHICAGO–Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, announced it has closed on its acquisition of Dharma Pharmaceuticals LLC, previously announced on ...
Microdose Psychedelic Insights Closes Oversubscribed Financing Round
TORONTO–Microdose Psychedelic Insights, a privately held media company, announced today that it has closed a seven figure oversubscribed round, Charlie Finnie, Chief Executive Officer of Origin Therapeutics joins as a board member. Investors in this ...
Cardiol Therapeutics’ Board of Directors Appoints Dr. Guillermo Torre-Amione as Chairman
TORONTO- Cardiol Therapeutics Inc. (TSX: CRDL) (OTCQX: CRTPF) (FSE: CT9), a clinical-stage biotechnology company focused on developing innovative anti-inflammatory therapies for the treatment of cardiovascular disease, today announced that its Board of Directors has appointed Dr. Guillermo Torre-Amione ...
Nature’s Medicines Celebrates 8th Anniversary Hosting Free NORML Expungement Clinics
PHOENIX–The passage of Prop 207 in Arizona last November not only legalized marijuana for adults 21 and over. It also allows eligible people convicted of cannabis violations to erase their criminal records starting July 12, ...
Auxly Strengthens Financial Position With Implementation Of Amendments To Imperial Brands $123 Million Convertible Debenture & Sale of Curative Cannabis
TORONTO– Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) a leading consumer packaged goods company in the cannabis products market, is pleased to announce the implementation of amendments to certain provisions of its previously ...
Cannabis Delivery Leader Emjay Expands to San Francisco Market, Serving 400,000 New Households
SAN FRANCISCO– Emjay, a fully-vertical cannabis delivery and retail company with operations in California, today announced its expansion to the San Francisco market with a new facility dedicated entirely to delivery. The company - which already serves millions ...
GreenGro Technologies Announces Launch of New Hemp Infused Product Line Under GreenGro Brand
Anaheim–GreenGro Technologies, Inc. (OTC: GRNH), an established provider of eco-friendly green technologies for the industrial hemp and cannabis industries, today announced the launch of its highly anticipated product line of hemp infused tinctures, topicals, oil ...
Trulieve Announces Start Of Operations In West Virginia
TALLAHASSEE–Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company based in the United States, announced today that it commenced operations in West Virginia. The Company has begun cultivation at their 100,000 ...
Ontario’s First Craft Cannabis Beverage Now Available in Stores
MIDLAND, ON–Whether for the cautious and curious or experienced and educated, Ontario's first craft cannabis beverage is now on store shelves. With only one calorie and zero sugar per serving, Proper's entry into the cannabis ...
Caliper CBD Announces New Limited-Run Lemonade Swiftsticks Flavor
DENVER– Caliper, a leading brand of clinically substantiated dissolvable CBD powders, today announced its popular Swiftsticks product is unveiling a limited-edition lemonade flavor. As the weather heats up and summer is in full swing, the ...
Medterra Becomes The Leading CBD Brand in Grocery
IRVINE, Calif.,–Medterra, a leading brand in CBD, is now the best-selling brand in U.S. grocery stores nationwide. According to a recent SPINS report, the leading provider of retail data and insights, consumers are more aware of the ...
Missouri Medical Cannabis Sales Top $70M Sales Since October 2020
JEFFERSON, Mo.– Missouri's medical cannabis dispensaries sold nearly $16.4 million worth of cannabis products in June, bringing the yearly total in the state to more than $70 million. That’s according to the Missouri Medical Cannabis Trade ...
The Parent Co & Glass House Terminate $50 Million Cannabis Investment Deal
SAN JOSE– TPCO Holding Corp. (NEO: GRAM.U) (OTCQX: GRAMF), today announced that its previously announced conditional agreement to complete a $50 million strategic investment in GH Group, Inc, has been terminated by the parties effective today and the ...
Gage Growth Corp. and Wiz Khalifa’s Khalifa Kush Announce Partnership
DETROIT–Today, Gage Growth Corp. (CSE: GAGE), a premium cannabis brand and operator in Michigan, announced their exclusive partnership agreement with multi-platinum-selling, GRAMMY Award and Golden Globe® Award-nominated recording artist Wiz Khalifa's brand, Khalifa Kush, to ...
Leading Psychedelic Wellness Company Delic Completes Acquisition of Ketamine Infusion Centers
VANCOUVER, BC– Delic Holdings, Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness company has completed its acquisition of Ketamine Infusion Centers LLC. KIC is a limited liability corporation in Arizona, which owns and operates two ...
The Valens Company Enters Agreement to Manufacture Beverages and Edibles for Gallery Brands
KELOWNA, BC,– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, announced today that it has entered a custom manufacturing agreement with Gallery Brands ("Gallery"), a premier cannabis brand house with a ...
California’s Largest Licensed Cannabis Wholesale Marketplace Nabis Secures $23 Million in Series B Funding
SAN FRANCISCO,– Nabis, a California's largest licensed cannabis wholesale marketplace platform, announced the company raised $23 million in a Series B funding round. The infusion of capital will support expansion of Nabis' online wholesaling business ...
Kadenwood Raises $50M to Accelerate Leadership Position in Shaping CBD Into Mainstream Wellness Category
NEWPORT BEACH–Kadenwood, a leading plant-based wellness company dedicated to fostering consumer trust and transparency, has raised $50 million of cash and media value in a Series B fundraising round with global purpose-led investment house The Craftory and Arcadian ...
Harborside Completes Acquisition of Sublime
OAKLAND–- Harborside Inc. (CSE: HBOR), (OTCQX: HBORF) a California-focused, vertically integrated cannabis enterprise, today announced the completion of its previously announced acquisition of Sublimation Inc., an award-winning cannabis manufacturing company located in Oakland, CA, for ...
