Legal Affairs
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
Israel Faces Mental Health Crisis Post-October 7 Attacks: Evaluating Medical Cannabis for PTSD Treatment
LOS ANGELES- In the aftermath of the October 7, 2023, attacks, Israel confronts a significant mental health crisis, with an estimated 580,000 citizens exhibiting severe post-traumatic stress disorder (PTSD) symptoms. This surge has intensified discussions ...
Texas Senate Passes Bill to Ban Hemp THC
DALLAS–The Texas Senate has taken a major step toward banning consumable hemp products that contain THC or other intoxicating cannabinoids, a move that could severely impact an $8 billion industry employing approximately 50,000 workers. On ...
Planet 13 Schedules Release of Q4 2024 Financial Results
LOS ANGELES- Planet 13 Holdings Inc. a vertically integrated multi-state cannabis company, has announced that it will release its financial results for the fourth quarter and full year ending December 31, 2024, on March 26, ...
POSaBIT Captures Majority of Cannabis Transactions in Washington State
LOS ANGELES- POSaBIT Systems Corporation a provider of point-of-sale and payments infrastructure in the cannabis industry, now processes over 85% of all cannabis point-of-sale transactions in Washington State. Established in 2015, POSaBIT has expanded ...
Psilocybin Study Suggests Potential for Longevity Benefits
LOS ANGELES- New preclinical research indicates that psilocybin the active psychoactive compound in psychedelic mushrooms—may significantly extend lifespan in both human cells and aged mice. Published July 8, 2025, in npj Aging, the study found ...
Challenges Emerge Over Kentucky’s Medical Cannabis License Lottery
LOS ANGELES- A coalition of Kentucky-based businesses has filed legal proceedings challenging the fairness and constitutionality of the state’s April 2024 medical cannabis license lottery. The lawsuit, lodged in Jefferson Circuit Court on June 27, ...
Aegis Capital Maintains Buy Rating on atai Life Sciences with $8 Target
LOS ANGELES- Aegis Capital has reaffirmed its Buy rating on atai Life Sciences N.V. (NASDAQ: ATAI), maintaining a price target of $8 following the release of positive Phase 2b results for BPL-003, the company’s investigational ...
Cansortium Announces Closing of Private $17 Million Equity Financing
MIAMI – Cansortium Inc. (CSE: TIUM.U), (OTCQB: CNTMF), today announced the second and final closing of its previously announced private placement of units at a purchase price of US$0.70 per Unit. The second closing was ...
Dragon Glassware Launches New Line for Cannabis Enthusiasts
SACRAMENTO – In a recent Gallup poll, 68% of U.S. adults support legalizing Cannabis, owing to the growing acceptance and popularity of Marijuana. Dragon Glassware's Cannabis Decanter Set offers Cannaseurs a new way to enjoy ...
Mercer Park Brand SPAC to Buy Glass House Group for $567 Million Creating New Brand Platform
TORONTO – Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF), a Special Purpose Acquisition Company (SPAC) with the intent to focus on branded product businesses in cannabis and/or cannabis-adjacent industries, has entered into a ...
Virginia Becomes First Southern State To Legalize Recreational Cannabis
RICHMOND – Virginia became the first of the states of the Old South, and the 16th state in the Union to legalize recreational cannabis Wednesday as lawmakers voted to approve Gov. Ralph Northam's (pictured) bill ...
Curaleaf Opens Two New Philadelphia Retail Locations and Rebrands Nine Other Locations
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a U.S. provider of consumer products in cannabis, announced new Curaleaf branding for the Company's recently acquired retail locations and the opening of two ...
Canadian Cannabis Payments Processor Merrco Announces U.S. Launch For CBD & Ancillary Businesses
TORONTO– Merrco, a payment processing for the cannabis industry, today announced that it has launched in the United States for CBD and cannabis ancillary business payment processing, ahead of legislative changes that would enable Merrco ...
High Point Jewelry Partners with Last Prisoner Project to Support Cannabis Justice Reform
SCOTTSDALE, Ariz.,– High Point Jewelry, a line of luxury cannabis-inspired jewelry (image above), announced it has partnered with Last Prisoner Project, and will donate 100% of the purchase price of its "Legalize It" line of ...
CBD of Denver Inc. Reports First Quarter 2021 Revenue of USD $7.3 Million
DENVER – CBD of Denver, Inc., a full-line CBD and hemp oil company and a producer and distributor of cannabis and CBD products in Switzerland, Europe, and the US, reported its financial results for the ...
Canopy Growth to Acquire The Supreme Cannabis Company for C$435M
TORONTO, and SMITH FALLS, ON, – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced they have entered into a definitive arrangement agreement under ...
The Valens Company Expands Cannabis Distribution Network with Entry into Manitoba Market
KELOWNA, BC, – The Valens Company Inc (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, today announced that it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a ...
Trulieve Prices Public Offering of Subordinate Voting Shares
TALLAHASSEE, Fla.– Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), today announced the pricing of a marketed public offering of 5,000,000 subordinate voting shares in the United States and Canada at a public offering price of ...
The Hub Craft LLC Appoints Shivani Dallas as Chief Strategy Officer
Fitchburg, Massachusetts – The Hub Craft, LLC, a Massachusetts Cannabis company provisionally licensed for Cultivation and Manufacturing in Fitchburg and Clinton, with future cannabis retail operation in Holyoke announced today their appointment of Shivani Dallas ...
Lil Wayne’s GKUA Brand Inks Multi-Year Deal with The Torch to Host VIP Events & Parties
LOS ANGELES – GKUA the consumer lifestyle brand co-founded by artistic giant Lil Wayne, announced today it has entered into a monumental exclusive agreement with the LA Coliseum for all 4/20 events for years to ...
Curaleaf Completes Acquisition of EMMAC and Secures US$130 Million Investment
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis has successfully completed the previously announced acquisition of EMMAC Life Sciences Limited, the largest vertically integrated ...
Cannara Biotech Commence Trading on TSXV on April 8, 2021
MONTREAL – Cannara Biotech Inc (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade indoor cannabis and derivative products with one of the largest indoor cannabis cultivation facilities in Canada and the largest in Quebec, today ...
Khiron Expands Product Offering in UK and Increases Patient Access
TORONTO – Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, is pleased to provide an operational update with regards to ...
High Life Farms Launches Nuggies: Chocolate Peanut Butter Cannabis-Infused Pretzels
CHESANING, Mich.,– High Life Farms (HLF), a privately held, multi-state, vertically integrated cannabis company with operations in Michigan and California, announced the launch of their newest line of chocolate snacks to hit the shelves: Nuggies. ...
Fluresh Launches Limited Editions Commemorating Michigan’s State-Wide Expungement Efforts
GRAND RAPIDS, Mich.– To commemorate Michigan's historic Clean Slate Legislation taking effect on April 11, 2021, Fluresh, a Michigan-based cannabis cultivator and processor, will be donating $1 for every pack of their new, limited edition ...
Psychedelic Decriminalization Bill Passes First Hurdle in California Senate
SACRAMENTO – California State Senator Scott Wiener announced earlier today that his legislation to decriminalize psychedelics (#SB519) just passed the Senate Public Safety Committee on a 4-1 vote. The Senator said on Twitter: ‘’Our legislation ...
NeonMind Developing Music Playlist for Psychedelic Therapy Sessions
Vancouver, British Columbia–NeonMind Biosciences Inc. (CSE: NEON) (FSE: 6UF) (OTC PINK: NMDBF), announced the commencement of a three phase university study dedicated to creating an ideal music playlist to accompany therapeutic psychedelic sessions. Previous research ...
4Front Announces Fourth Quarter and Fiscal Year 2020 Results
PHOENIX – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. All financial information is presented in U.S. dollars unless otherwise indicated. ...
Old Pal Celebrates 420 Launching Old Pal Grow Your Own Kits
LOS ANGELES– The Old Pal cannabis community has good reason to celebrate the circle of life, as the process and harvest of their potent plants bring value flower to the masses. Their farmers practice cultivation ...
Akerna Closes Acquisition of Viridian Sciences
DENVER– Akerna (Nasdaq: KERN) ("Akerna" or the "Company"), an enterprise software company, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology , today announces it has ...
MyHi Brings a new Category of High to the Cannabis Industry
FANWOOD, N.J.,– Produced using water soluble THC powder combined with natural ingredients, MyHi is designed for the healthy, active, on-the-go consumer who wants something that keeps a consistent and timely effect. Through a patented Stir ...
