Legal Affairs
Global Cannabis Regulatory Summit to Convene in Washington, D.C.
LOS ANGELES- Artemis Growth Partners and Tenacious Labs have announced the inaugural Global Cannabis Regulatory Summit (GCRS), scheduled for March 25-27, 2025, at the United States Capitol Complex in Washington, D.C. This invite-only event aims ...
Ontario Cannabis Sales Reach CA$166 Million in January, Marking 6% Annual Growth
LOS ANGELES- Ontario's legal cannabis market commenced 2025 with robust performance, recording sales of CA$166.15 million in January. This figure represents a 6% increase compared to January 2024, indicating sustained consumer demand and market expansion. ...
Neurotech International Enters Development Agreement for Cannabinoid Therapies
LOS ANGELES- Neurotech International Limited, a clinical-stage biopharmaceutical company specializing in pediatric neurological disorders, has signed a development agreement with RH Pharma, a subsidiary of the European Cannabis Company (ECC). This collaboration aims to develop ...
Massachusetts Voters Reject Medical Use of Psychedelics in Close Ballot Measure
LOS ANGELES- Massachusetts voters have rejected a proposed measure to legalize the medical use of certain psychedelics, with 57% voting against and 43% in favor. The initiative sought to permit the use of psilocybin, psilocin, ...
Aurora Cannabis Reports Q2 Revenue Growth
LOS ANGELES- Aurora Cannabis Inc. announced a 29% increase in revenue for the second quarter of fiscal 2025, reaching $81.1 million. This growth is attributed primarily to the rising demand for its medical cannabis products ...
Verano Reports Steady Q2 Earnings
LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator in the U.S., reported its Q2 earnings on August 7th. The company met analysts' expectations with an EPS of ($0.05), showing a decline with negative ...
Key States to Decide Cannabis Legalization in 2024
LOS ANGELES- In November 2024, voters in four states—Florida, Nebraska, North Dakota, and South Dakota—will decide on significant cannabis ballot measures. Florida, the most populous among them, aims to transition from a medical-only market to ...
Global Cannabis Regulatory Summit to Convene in Washington, D.C.
LOS ANGELES- Artemis Growth Partners and Tenacious Labs have announced the inaugural Global Cannabis Regulatory Summit (GCRS), scheduled for March 25-27, 2025, at the United States Capitol Complex in Washington, D.C. This invite-only event aims ...
Ontario Cannabis Sales Reach CA$166 Million in January, Marking 6% Annual Growth
LOS ANGELES- Ontario's legal cannabis market commenced 2025 with robust performance, recording sales of CA$166.15 million in January. This figure represents a 6% increase compared to January 2024, indicating sustained consumer demand and market expansion. ...
Neurotech International Enters Development Agreement for Cannabinoid Therapies
LOS ANGELES- Neurotech International Limited, a clinical-stage biopharmaceutical company specializing in pediatric neurological disorders, has signed a development agreement with RH Pharma, a subsidiary of the European Cannabis Company (ECC). This collaboration aims to develop ...
Canadian Cannabis Group Fire & Flower Enters U.S. Cannabis Market with American Acres
TORONTO – Canadian cannabis retailer Fire & Flower Holdings is launching into the United States, with licensing partner, American Acres Managers, a private firm with a focus on cannabis retail in Arizona, California and Nevada. ...
Pro-Cannabis Politicians Raising Eyebrows For Cannabis Stock Purchase Timing
WASHINGTON, D.C. – Rep. John Yarmuth of Kentucky, is the chairman of the House Budget Committee. He purchased stocks in Canopy Growth Corporation, Aurora Cannabis, and Tilray on Nov. 5, according to a filing with ...
Study to Determine Efficacy of Cannabis for Veterans Gains Approval
SAN DIEGO – The Battle Brothers Foundation has received approval to launch an observational study on the use of medical cannabis to help combat PTSD in veterans. In concert with NiaMedic, a medical data and research ...
Former Eaze CEO Pleads Guilty To Conspiracy to Commit Bank Fraud
LOS ANGELES – Well-known Cannabis delivery platform, Eaze, became a household name due to their bright billboards placed on California roads and highways. The "Uber of pot," delivery service was launched in 2014 and was ...
Sundial and Indiva Announce Closing of $22 Million Strategic Investment
CALGARY – Sundial Growers Inc. ("Sundial") (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited ("Indiva") (TSXV:NDVA) (OTCQX:NDVAF), a leading Canadian producer of cannabis edibles, are pleased to announce the closing of the previously announced $22,000,000 ...
Exploring Cannabis Funding Around the World — Europe – Part 1
HCN Investigates – Part 1: Industry Background Despite the fact that this continent comprises 44 separate nations, the approximately 750 million people currently living in Europe are largely united by a shared economic market. This ...
Exploring Cannabis Funding Around the World — Europe – Part 2
HCN Investigates — Funding within the European cannabis industry. Generally speaking, the fledgling European cannabis industry relies on funding models similar to those used in the Canadian recreational and medical marijuana markets. While large investments ...
Will Corporate Interest in Cannabis Help or Hurt the Industry?
OAKLAND – There’s no question cannabis is a booming business with plenty of people seeking their slice of the pie. In a capitalist society such as ours, it’s to be expected that the world’s top ...
New Jersey Governor Murphy Signs Bills Legalizing Cannabis
TRENTON – Gov. Phil Murphy signed three bills today that together legalize cannabis in New Jersey and put an end to thousands of arrests. Finally, New Jersey’s legal cannabis marketplace will be launched and the ...
Colombia Authorizes Cannabis Flower Exports For Commercial Purposes
BOGOTA – The Colombian government will authorize the export of dried cannabis flower for commercial purposes. Currently, Cannabis flower exports from Colombia have been authorized only for scientific purposes. Superintendency of Industry and Commerce (SIC) ...
Exploring Cannabis Funding Around the World – Latin America – Part 1
HCN Investigates – In 2013, Uruguay became the first country to legalize recreational cannabis. Recreational cannabis is now widely available in this nation, but other countries in Latin America have been slow to follow suit. ...
Exploring Cannabis Funding Around the World – Latin America – Part 2
HCN Investigates – Cannabis Funding Details in Latam. With the notable exceptions of Uruguay and Colombia, the Latin American cannabis industry remains in its infancy. While Latin American cannabis will likely be worth more than ...
CBD and Psoriasis: What Does the Research Say?
According to the National Psoriasis Foundation, more than 125 million people around the globe suffer from this immune condition, making psoriasis one of the world’s most widespread diseases. Psoriasis didn’t become this prevalent because it’s ...
HCN Investigates: What Will the Cannabinoid Market Look Like in 2025?
If you had known ahead of time that the domestic CBD market would explode in 2017, what would you have done differently? There’s no need to wonder—a new opportunity is now arising that could completely ...
California Sets In Motion Decriminalization of Psilocybin
SACRAMENTO – Democrat State Senator Scott Wiener, of San Francisco, introduced a bill for California lawmakers on Thursday that would decriminalize substances such as psilocybin, MDMA, LSD, ketamine, DMT and mescaline in that state. California ...
Domestic Cannabis Industry Has Reached 321,000 Full-Time Jobs
The cannabis industry is one of the fastest-growing sectors in the country. It is helping to invigorate local and state economies across the nation and has proven itself to be an essential service as deemed ...
HEXO to acquire Zenabis in $235M all-stock deal
OTTAWA and VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. ("HEXO") (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc. ("Zenabis") (TSX: ZENA) are pleased to announce that they have entered into a ...
Humboldt Bans Hemp to Protect Cannabis Crops From X Pollination
HUMBOLDT, California. The Humboldt County Board of Supervisors voted unanimously on ban last week to protect cannabis cultivation, taxation. Their ban the growing of low-THC hemp plants went into effect Monday, creating one of the ...
Quick Guide: Everything You Need To Know About Hemp Biomass
Everything You Need to Know About Hemp Biomass Mature, female Cannabis sativa plants consist of many different constituent parts, and not all of these parts are needed to make popular, cannabinoid-rich bulk products like hemp ...
Global Cannabis Market Projected To Reach $90.4 billion In 5 Years
The cannabis industry is booming yet again and new data confirms it. A new report forecasts the global marijuana market to reach a value of $90.4 billion by 2026. The same report puts the current ...
Mile High State Consumed $10 Billion Dollars Of Cannabis
DENVER – Colorado cannabis businesses have cumulatively sold $10 billion of cannabis since 2014, according to new data released by the Colorado Department of Revenue (CDOR) on Tuesday. As of January, the state has collected ...
Roy Bingham Steps Down After 6 Years At BDSA
BOULDER, Colo., Feb. 10, 2021 (GLOBE NEWSWIRE) -- BDSA is pleased to announce Pete Karabas of KEY Investment Partners as chairman of the board as Co-Founder, Roy Bingham, steps down from the chairman role six years after founding the ...
Silo Wellness Hosts First Wellness Retreat in Jamaica
MONTEGO BAY, Jamaica — On the back of their successful capital raise of CA$4.9 million, Silo Wellness will operate it first wellness retreat in Jamaica.This expands Silo Wellness psychedelic retreats in both Jamaica and Oregon, ...
Another Former Politician, Kathleen Sebelius, Joins Cannabis Industry
National Cannabis Roundtable (NCR) has welcomed yet another politician in its ranks. Kathleen Sebelius, the U.S. Department of Health and Human Services secretary under former President Barack Obama, has joined the group to serve as an ...
