Legal Affairs
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
When Hype Fails: Are Cannabis Giants Like Canopy and Tilray Just Ponzi Schemes in Disguise?
TORONTO-There’s an old saying in finance: “If you don’t understand where the returns are coming from, you might be the return.” While actual Ponzi schemes are illegal frauds—where old investors are paid with new investors’ ...
Jushi Holdings Reports Q2 2025 Financial Results
LOS ANGELES – Jushi Holdings Inc. reported its Q2 2025 financial results, reflecting modest revenue growth and operational advances as it expands its retail footprint and refines its cultivation strategy. The company posted revenue of ...
Senate Pushes for Cannabis and Psychedelics Research Amid Schedule I Restrictions
WASHIGTON D.C. – The Senate Appropriations Committee approved a substantial spending bill addressing Labor, Health and Human Services, Education, and Related Agencies (LaborHHS), including provisions that could reshape the scope of research into Schedule I ...
Metrc and BioTrack Partner to Forge Cannabis Compliance and Innovation
LOS ANGELES – Metrc LLC, a leading developer of regulatory track-and-trace systems, unveiled a strategic alliance with BioTrack, a prominent Cannabis technology provider, aimed at enhancing compliance and operational solutions for the Cannabis sector. The ...
Fire & Flower Appoints Nadia Vattovaz to Chief Operating Officer & Announces Judy Adam as New Chief Financial Officer
TORONTO– Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced the appointment of Nadia Vattovaz (wearing blue jacket in images above) to her new role as Chief Operating Officer and the addition of Judy Adam to ...
April 20, 2021 Was Most Profitable Day In History of New Cannabis Industry
DENVER– Business intelligence from Akerna (Nasdaq: KERN), an ERP software technology company, showed that Tuesday, April 20, a widely-popular yet unofficial "holiday" celebrating cannabis consumption, was the highest sales day for retail cannabis ever recorded, ...
El Blunto and Mohave Cannabis Co Join Forces to Release Special Edition Diamond-Infused Pre-Roll in Select Retailers Across California
LOS ANGELES–El Blunto, a California producer of pre-rolls, announced the release of a new, special edition blunt infused with brilliant-class yellow cannabis diamonds. This limited run of the "World's Finest Cannabis Cigar" will use Mohave ...
Syqe Medical Receives First-Ever Health Canada Approval for Medical Cannabis Dosing Device
TORONTO– Syqe Medical, a pharma-tech company, announces today that Health Canada has approved the Syqe Inhaler, the first pharmaceutical grade medical cannabis delivery device system, they say, that provides predictable and consistent dosing through inhalation. The ...
GTEC Cannabis Co. Reports First Quarter of Fiscal 2021 Results
KELOWNA, BC– GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of handcrafted, high quality cannabis products, is pleased to announce that it has reported its First Quarter financial results of fiscal ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional ...
Fire & Flower Announces 2020 Fiscal and Fourth Quarter Financial Results
TORONTO–Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the fiscal year and quarter ended January 30, 2021. Financial and Operational Highlights for the 2020 Fiscal Year ...
Canadian Group Valens Enters US Market with Acquisition of Green Roads CBD Company
KELOWNA, BC,–The Valens Company (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, today announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Green Roads ...
Psychedelics Company Atai Life Sciences Files For Nasdaq Listing
NEW YORK– Atai Life Sciences are priming to become the second psychedelics company to list on a major U.S. exchange, following COMPASS Pathways (to which Atai is connected). The German headquartered biotech firm filed Tuesday ...
Numinus Announces Phase 1 Clinical Trial of Psilocybin Mushroom Extraction
VANCOUVER, BC–Numinus Wellness Inc. (TSXV: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, announced today that it has formed a partnership with KGK Science, a leading contract research organization ...
Würk Raises $3.5m in Series AA funding
DENVER– WÜRK, a Human Capital Management company for the cannabis industry, announced the close of its oversubscribed $3.5 million Series AA round of financing, by existing investors. The round was led by Wurk Investment Partnership ...
Harborside Reports Fourth Quarter and Full Year 2020 Financial Results
OAKLAND–Harborside (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today reported its financial results for the fourth quarter and full year ending December 31, 2020. Management Commentary "2020 marked a turning point year ...
Mindset Pharma Presenting at H.C. Wainwright “Psychedelics in Psychiatry and Beyond” Virtual Conference
TORONTO– Mindset Pharma Inc. (CSE: MSET) (FSE: 9DF) (OTCQB: MSSTF) announced that it has been invited to present at the H.C. Wainwright "Psychedelics In Psychiatry and Beyond" Virtual Conference being held on June 17, 2021. James ...
More Proposed Acquisitions In Cannabis Decided By Shareholder Votes
VANCOUVER, B.C.,– Aphria Inc (NASDAQ: APHA) (TSX: APHA) has seen its shareholders approve the proposed merger with that of Tilray Inc (NASDAQ: TLRY). Following the approval, Tilray is now one step closer to acquiring all the outstanding shares of ...
Broken Coast Enters Concentrates Adding Wax to its Product Offerings
LEAMINGTON, ON–Aphria Inc. (TSX: APHA) and (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today announced that Broken Coast Cannabis Inc. is entering the concentrates category with the addition of Wax to its premium product ...
Cannabics Pharma Launches Program Developing Melanoma Treatment Drug Candidate for FDA Approval
TEL AVIV–Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a developer of cancer related cannabinoid-based medicine, announced today the launching of a new research program for the development of a Melanoma antitumor targeting medicine. The announcement comes amidst ...
Montana Recreational Cannabis Legalization Bill Passes Senate
HELENA, Mont. — The Montana State Senate passed a bill to implement a recreational cannabis program in the state. The bill passed the Senate with a 34-16 vote, this past Friday, 23rd of April. It ...
Quick Guide: What is THC Distillate?
OAKLAND – The world of edible cannabis has changed dramatically since the swinging 1960s when pot brownies first hit the scene. Long gone are the days when some ground-up stems and shake were tossed into ...
Quick Guide: Using A Bong To Enjoy Cannabis
OAKLAND –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 ...
Harborside Fails In Long-Shot Legal Bid To Overturn Unfair Industry Tax Burden
SAN FRANCISCO – A U.S. appeals court has rejected the dispensary and branded cannabis products chain, Harborside, in their bid to overturn Section 280E of the Internal Revenue Code. The U.S. 9th Circuit Court of ...
CBD Drinks Brands CENTR Signs Distribution Agreement With Southern Glazer’s Wine & Spirits
VANCOUVER, B.C.– CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) today announced a U.S. distribution agreement with Southern Glazer's Wine & Spirits. Southern Glazers are a leading global alcoholic beverages distributors. Under the agreement, ...
Sundial Increases Commitment to SunStream
CALGARY–Sundial Growers Inc. (NASDAQ: SNDL) announced that it has increased its commitment to SunStream Bancorp Inc. to $188 million from its previously announced commitment of $100 million. SunStream is a joint venture between Sundial and ...
Legendary Hashmaker Nikka T Drops New Collab With Doc Green’s
BERKELEY, Calif., – Doc Green’s, the Berkeley, California-based maker of craft solventless cannabis concentrates and infused pre-rolls, has always put the community first. From their rich history as topical makers and proponents of patients’ rights ...
