Legal Affairs
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Arizona to Launch Recreational Cannabis Home Delivery
LOS ANGELES- Starting November 2024, Arizona will permit home delivery for recreational cannabis, marking a significant shift in state policy. The Arizona Department of Health Services has approved this expansion, previously limited to medical cannabis ...
Cannabis Means Business — a Bold New Vision for CWCBExpo
NEW YORK (New York)-- Cannabis Means Business (CMB) is a new vision for the show previously run as CWCBExpo. This evolution is a significant shift in the landscape of cannabis industry events and reflects the ...
AICPA Calls for IRS Guidance on Cannabis Tax Policy Amid Potential Rescheduling
LOS ANGELES- The American Institute of Certified Public Accountants (AICPA) is calling on the IRS and Treasury Department to provide updated guidance on tax policy for cannabis businesses in light of a potential rescheduling of ...
Green Dragon and Eaze to Close Operations Amid Financial Challenges and Industry Downturn
LOS ANGELES- Green Dragon, a multi-state cannabis operator with facilities in Colorado and Florida, is set to cease operations by the end of 2024. This move will affect all 17 of its dispensaries in Colorado ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
MedMen Must Pay Ex-CFO At Least $500K In Legal Fees
LOS ANGELES – A California state court ordered cannabis retailer, MedMen, to pay its former CFO $500,000 reimbursement of legal fees amid his retaliatory firing suit, noting his contract covered attorney fees in any eventuality. ...
Hawaii Cannabis Tax Proposal Plugs Budget Shortfalls
HONOLULU – 15 states in the United States have already legalized cannabis for recreational use. With Hawaiian tourism revenues vanishing with COVID, it's no surprise some Hawaii lawmakers are considering legalizing recreational cannabis. Despite years ...
Harvest Health & Recreation Uses Sale And Leaseback To Fund Florida Expansion
PHOENIX – Harvest Health & Recreation Inc. (CSE: HARV), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") ...
Social Equity Licensing Lawsuit Dropped In Massachusetts
BOSTON – A lawsuit filed by the Commonwealth Dispensary Association against the Cannabis Control Commission over new delivery regulations has been dropped. The CDA sued the CCC, arguing new regulations introducing a cannabis operator license ...
Brexit Stymies Medical Cannabis Patients in the U.K.
LONDON, U.K. – British mother Hannah Deacon's campaign to save her son Alfie life in 2017 led to a change in the law in the United Kingdom enabling cannabidiol medicine to be prescribed. This prescription ...
How to Distribute Wholesale CBD Oil
CBD and everything else hemp-related is only becoming more popular with time, and projections suggest that the domestic hemp market is about to explode into an unprecedented period of growth based on a variety of ...
History of CBD – How the Industry Came to Be
To understand something, you must understand where it came from. Every product within today’s consumer culture has a story, and the story of how cannabidiol ended up in medicine cabinets around the world is more ...
CBD For Anxiety
Cannabidiol (CBD) has become increasingly popular as an alternative treatment for a variety of ailments, from arthritis to autism. The non-psychoactive cannabinoid is also being used by some people as a way to alleviate anxiety ...
Cannabis and Pregnancy — What You Need To Know
Cannabis has been used medicinally throughout history for all different kinds of maladies, including many women’s health conditions. Ancient Egyptians made a paste made of cannabis leaves to put on sore breasts for women. In ...
Are You Getting The Most Out Of Your Hemp Crop?
It’s an exciting time to be in the hemp industry, as interest in CBD and other derivatives has reached a fever pitch. Now more than ever, as businesses in the space continue to develop, it’s ...
5 Uses For CBD You May Not Be Aware Of
Now that hemp is legal in all 50 states, there have been many developments in how the medicine is delivered. Consumers can still smoke marijuana, but they can also use vaporizers, edibles, sublingual sprays, capsules ...
5 Interesting Facts About the Endocannabinoid System
Cannabis has become a popular alternative treatment for several different illnesses and ailments. Cannabidiol (CBD), a non-psychoactive cannabinoid, in particular, is gaining attention for its plethora of health benefits. CBD does not get its users ...
Keegan Peterson, CEO of Cannabis Payroll Provider, Würk, Dies At 33
DENVER – Keegan Peterson, (pictured) CEO of Denver-based cannabis human-resources tech company Würk, has died. He was 33 years old. Peterson founded Würk in 2015, a payroll and HR-solutions company solely for cannabis businesses with ...
Sale Of Recreational Cannabis Underway Across Arizona
PHOENIX – Medical cannabis dispensaries can now get licensed for recreational cannabis licenses, according to the Arizona Department of Health Services. Voters passed Proposition 207 in November, legalizing the sale and possession of recreational cannabis ...
Michigan’s Cannabis Market Could Reach $3 billion, 4 Million Customers In 3 Years
DETROIT – Recreational Cannabis has taken off in Michigan with the legal cannabis market being forecast to exceed $3 billion in value comprising a projected 4 million customers by 2023. Michigan's Marijuana Regulatory Agency director ...
How Are Cannabis Businesses Funded In Oceania?
HCN INVESTIGATES: What is the current status of cannabis law in Australia, New Zealand, and the surrounding islands, and how is the blossoming Oceanian cannabis industry funded? Exploring Cannabis Funding Around the World — Oceania ...
Checking Out The Puffco Peak Pro
It's finally here - the most anticipated cannabis device of the year. The Puffco Peak Pro is an impressive upgrade on the original Peak, with a sleek new design and updated features. Check out our ...
Trying Edibles For The First Time?
Eating a treat infused with cannabis is a great way to catch a buzz and find relief. It does not require inhaling smoke or vapor, and offers a strong high that is perfect for any ...
California Cannabis Industry Association Announce Access To Banking For Members
CCIA Announces Exclusive Partnership with NBCU "CCIA Members will gain direct access to banking, overcoming a huge barrier for legal cannabis operators." SACRAMENTO – In 2017, CCIA, a state and federally registered nonprofit trade association, ...
Is Lab-Made THC The Future Of Cannabis?
HCN INVESTIGATES: Is Cannabis sativa the only source of cannabinoids? Learn why industry experts expect recombinant cannabinoids to come to the fore over the next few years. Photo: Technician handling a variety of cannabis vape ...
How To Use A Bong
It seems like there are over a million and one ways to consume cannabis nowadays. From dainty dabs to delicious dried fruit edibles, dosing THC, CBD, or one of the other lesser-known cannabinoids is a ...
What Happens If You Eat Raw Cannabis?
What Happens if You Eat Raw Cannabis? Have you ever seen an especially pretty cannabis bud and thought to yourself, “That looks good enough to eat!” Besides, who hasn’t experienced the one-of-a-kind deliciousness that comes ...
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 ...
How Do Cannabis Topicals Work?
The number of methods to deliver cannabinoids to the body has been growing as of late, as the number of states legalizing cannabis continues to rise. Long gone are the days where people had to ...
How Did CBD Become The Second Most Popular Cannabinoid?
Summary: CBD history is littered with tales of triumphs and setbacks. Are you sure you know exactly how that bottle of CBD tincture ended up in your hand? Take a ride through time with us. ...
