Legal Affairs
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
GreenWave Advisors Urges Elected Officials to “Put American Cannabis First”
NEW YORK – In 1996, Medical Marijuana was legalized in California during the Clinton Administration. Since the “Colorado Experiment” in 2014, when the nation’s first recreational use market was implemented, the Federal Government has maintained ...
AYR Wellness Announces Management Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, announced that Chief Financial Officer Brad Asher has resigned, effective March 23, 2025. The company's board has appointed Donna Granato as Interim CFO, effective immediately. ...
California Implements Measures to Ensure Cannabis Product Safety
LOS ANGELES- California has established a comprehensive regulatory framework to safeguard consumers from potential health risks associated with cannabis products. The Department of Cannabis Control (DCC) oversees the adoption and enforcement of regulations for commercial ...
France Advances Medical Cannabis Legalization Framework
LOS ANGELES- France has officially submitted draft regulations to the European Commission, outlining the framework for the production and authorization of medical cannabis. The submission includes: A decree establishing the framework for cannabis-based medicines, integrating ...
AYR Wellness Secures Extension of Debt Waiver Ahead of Financial Deadline
LOS ANGELES- AYR Wellness Inc. a vertically integrated multi-state cannabis operator, announced on July 11, 2025, that it has secured an additional amendment to its Limited Waiver Agreement with holders of a majority of its senior ...
Americans Overwhelmingly Oppose Federal Cannabis Prohibition
LOS ANGELES- A recent survey by the Pew Research Center reveals that just 12 percent of U.S. adults support a federal prohibition on cannabis, with the remaining 88 percent favoring legalization in some form—either solely ...
Republican Lawmakers Move to Block Cannabis Rescheduling, Undermining Federal Reform Efforts
WASHINGTON, D.C.. Just as the Biden administration’s long-awaited cannabis rescheduling effort appeared to be gaining traction, Republicans in the House Appropriations Committee have moved to shut it down—using their control of a key budget bill ...
SAFE Banking Act Passes By Voice Vote in US House of Representatives
WASHINGTON, D.C., – The SAFE Banking Act passed the House today by a voice vote. The act essentially allows cannabis companies to access normal federal banking services. The House move clears the way for the ...
Curaleaf to Report First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that it will report its financial and operating results for the first quarter ended March ...
HCN Investigates: What Are The Market Dynamics Of North America’s Emerging Psilocybin Industry?
HCN Investigates: The Psilocybin Market Part 1 — Overview Use of psychedelic plant substances dates back thousands of years. Practically every culture in the world has some history of psychedelic plant use, and cultural anthropology ...
Bespoke Closes $8 Million Series A From Snoop’s Casa Verde and Linkedin Founder’s Sweat Equity Ventures
LOS ANGELES– Bespoke Financial, a Fintech lender for cannabis companies, announced today the close of a $8 million Series A, bringing the company's total funding to date to over $28 million. The raise was co-led by Snoop ...
Humble Hemp Wraps Roll onto Store Shelves
THOUSAND OAKS, Calif., – Humble Specialty Products, LLC announced the launch of its inaugural hemp wrap product line. The Humble Hemp Wraps brand, the real King of Flavor, was created by the team behind leading ...
American CBD Brand Premium Jane Releases Special Product Range for Upcoming “420 Holiday”
SCOTTSDALE, Ariz., – While the nationwide "420 holiday" is typically celebrated by recreational cannabis users, prominent CBD brands across the industry are not passing up on the opportunity to acknowledge the novel calendar event. One ...
Parallel Invests $25M in a New State-of-the-Art Cannabis Cultivation, Production and Retail Facility in Texas
AUSTIN –Parallel, a privately-held multi-state cannabis operators in the United States, today announced it will make a $25 million dollar investment in a new state-of-the art cannabis cultivation, production and retail facility in Texas. This ...
Medterra Expands Portfolio With New True Full Spectrum Line
IRVINE, Calif., – Medterra an industry leader in CBD, announced the launch of its True Full Spectrum collection. Medterra recognized the growing consumer acceptance of THC and set out to develop the best full spectrum CBD on ...
Playboy Celebrates National Cannabis Awareness Month, Redoubling Efforts on Nationwide Cannabis Reform and Advocacy
LOS ANGELES– In celebration of National Cannabis Awareness Month taking place throughout April, Playboy Enterprises today announced a month-long initiative supporting nationwide cannabis reform and advocacy. Building on the success of their legalization and expungement campaign ...
USA Cannabis Sales Projected to Reach $28 Billion in 2022
SEATTLE– Headset, a leading provider of data and analytics to the cannabis industry, announced today the launch of a long-term forecast for the U.S. and Canadian markets with category and top-level data to be updated ...
What Are The Different Products Available In Cannabis?
OAKLAND – The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways ...
Indoor Grown Cannabis Vs Outdoor Grown Cannabis – What’s The Difference?
OAKLAND – While cannabis has been cultivated around the world for thousands of years, modernization has made it easier than ever to grow the plant, whether in an outdoor garden bed or an isolated indoor ...
Cannabis Vaporizer Market Projected To Reach US$ 26 Billion By 2030
NEW YORK– Vaporizing using electronic devices and conventional smoking are the two methods of cannabis consumption. Portability, flexibility, and temperature control features have led to the shift of consumers toward handheld vaporizers from conventional methods, ...
Houseplant Launches at The Apothecarium’s California Dispensaries
SAN FRANCISCO– The Apothecarium is offering cannabis from Houseplant, the cannabis lifestyle brand founded by Seth Rogen and Evan Goldberg, at its five California dispensaries. The Apothecarium has three San Francisco locations (Castro, SOMA and ...
Actor Jaleel White Launching Cannabis Line Featuring ‘Purple Urkle’ Strain on 4/20
LOS ANGELES – Jaleel White's alter ego Steve Urkel is a household name in the USA, but the 44-year-old said he was more like Willy Wonka when he was discussing his new cannabis line ItsPurpl, ...
Trulieve Announces Expungement Programs in Several States as Part of 420 Celebration
TALLAHASSEE– Trulieve (CSE: TRUL) (OTCQX: TCNNF) a multi-state cannabis company, announced today a series of expungement clinics located throughout south and central Florida, as well as virtual events in Georgia and Massachusetts. The clinics are ...
Boston Cannabis Delivery Company, Zip Run, Secures $2.3 Million Seed Funding
BOSTON– ZIP RUN, one of the first social equity companies to create a cannabis delivery platform, announced today the completion of a $2.3 million seed funding round led by Mollitiam Capital. Zip Run is on ...
Psychedelic Decriminalization Bill Clears 2nd Hurdle in California Senate
SACRAMENTO: State Senator Scott Weiner announced his bill #SB519 easily advanced through the Health Committee on a 6-2 vote on Wednesday. This was the second hurdle in the California Senate committee has approved a bill ...
Cannabis Sales Predicted to Reach $370M For 4/20
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, compliance technology provider, predicts that Tuesday, April 20th, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, will gross $95,000,000 in legal cannabis retail sales nationally, ...
Cornbread Hemp Launches First Full Spectrum Certified Organic CBD Gummies
LOUISVILLE– Cornbread Hemp, the most widely distributed CBD brand from Kentucky, announced the launch of its Organic Berry CBD Gummies, just in time for 4/20. Made with 100% plant-based, vegan-friendly ingredients, this is the first CBD ...
Premier Cannabis Beverage Company Keef Brands Expands Eastward: Missouri, Ohio and Maine
DENVER – The next evolution of drinking with friends has come to the Midwest and East Coast. Keef Brands, founded in 2010 in Boulder, CO as one of the original cannabis-infused beverage companies and now ranked by ...
California Cannabis Lifestyle Brand LEUNE Raises Over $5M
LOS ANGELES–Today Leune, a California-based lifestyle brand that caters to the Cannabis 3.0 Consumer, is unveiling a strategic fundraise with influential investors in sports, music, and cannabis. Participants include La La Anthony, Carmelo Anthony, John ...
Green Flower Anounces Washington Cannabis Career Summit
BELLINGHAM, Wash.,–Green Flower is launching their first online Cannabis Career Summit designed to help career seekers better understand the realities and complexities of the cannabis industry, learn what skills and qualifications they need to stand ...
Decibel Announces Year-End Financial Results
CALGARY, AB, – Decibel Cannabis Company (TSXV: DB) (OTCQB: DBCCF) , a cannabis producer and retailer, is announced its year-end financial results for the three and twelve month periods ending December 31, 2020. "The success ...
The Valens Company Enters Topicals Category With Launch Of ”Nūance” CBD Bath Bombs
KELOWNA, BC, – The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced the launch of nūance CBD bath bombs. The bath bombs will join nūance's lineup of premium wellness products developed with ...
