Legal Affairs
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Cybin Announces Third Quarter Fiscal Year 2025 Financial Results and Business Updates
LOS ANGELES- Cybin Inc., has released its unaudited financial results for the third quarter ending December 31, 2024, alongside recent business developments. Financial Highlights: Cash Position: As of December 31, 2024, Cybin reported cash holdings ...
Montana Lawmaker Proposes Consumer Registration and Surveillance for Cannabis Purchases
LOS ANGELES- A Republican lawmaker in Montana has introduced legislation that would require individuals aged 21 and older to register with the state Department of Revenue and pay a $200 annual fee to legally purchase ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Minnesota Awards 249 Cannabis Business Licenses in State’s First Lottery
LOS ANGELES- Minnesota’s Office of Cannabis Management (OCM) held its inaugural lottery on June 5, 2025, awarding 249 provisional licenses for social equity and general applicants across four categories: cultivator, manufacturer, mezzobusiness, and retailer. The ...
Ukraine Advances Medical Cannabis Access with Support from Soros-Affiliated NGOs
LOS ANGELES- Ukraine’s State Service for Medicines and Drug Control issued its first license for importing medical cannabis on June 2, 2025, following the enactment of a law in August 2024 that authorized the use ...
Trump Administration Proposes Elimination of Federal Protections for State Medical Cannabis Programs
LOS ANGELES- The Trump administration's fiscal year 2026 budget proposal includes the removal of a longstanding provision that prohibits the Department of Justice (DOJ) from using federal funds to interfere with state-legal medical cannabis programs. ...
Goodekind Launches Delta 8 THC Organic and Vegan Gummies
LOS ANGELES– Goodekind, a woman and minority-owned social enterprise that focuses on creating organically grown and consciously sourced hemp products, has released a new product line consisting of non-GMO, organic, and vegan Delta 8 THC ...
Dutchie Acquires Leaflogix And Greenbits & Closes $200M Series C
LOS ANGELES– Dutchie is a point-of-sale commercial software platform enabling dispensaries to have access to the type of technology and tools needed to operate in cannabis. They raised their largest funding to date, $200 million ...
Global CBD Skin Care Market Forecast To Be $3.45 Billion By 2026
PALM BEACH–The personal care industry has witnessed a shift in consumer demand toward CBD infused skin care and CBD healthcare products. The category has grown exponentially over the past few years. That growth is expected ...
Cannabis Beverages Market Size Forecast To Reach 18% CAGR By 2025
FELTON, Calif., – The global cannabis beverages market is estimated to reach USD $2.8 billion, by 2025, and is projected to grow at a CAGR of 17.8% from 2019 to 2025, according to a new report ...
Aleafia Health Launches Cannabis Soft Chews by Bogart’s Kitchen
TORONTO– Aleafia Health Inc. announced the launch of THC soft chews under its edibles brand Bogart’s Kitchen. They represent Aleafia Health’s premiere cannabis edible product and the first launch under the Bogart’s Kitchen banner. They ...
Cannabis Events Plan Comeback, Anticipating End of Pandemic
LOS ANGELES – The cannabis events circuit is coming back to life after the long hiatus because of the pandemic. Of the recent events announced, these include the annual Cannabis Business Summit & Expo is ...
Kristen Bell Launches Happy Dance CBD Brand with Cronos Group
TORONTO – Cronos Group Inc. (TSX: CRON) today announced the launch of Happy Dance, a new, clean, simple CBD skincare brand, co-founded with actress and New York Times best-selling author Kristen Bell. Happy Dance launches with ...
Khiron Becomes First Colombian Company to Legally Export Cannabis To Europe
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) a vertically integrated cannabis compant with core operations in Latin America and Europe, has announced the Company has successfully exported its registered Colombian cannabis strains, in live clones, to Europe. ...
BT DE Investments Inc. Acquires Stake in Organigram Holdings
WILMINGTON, Del.– BT DE Investments Inc. announced today that it has acquired 58,336,392 common shares of Organigram Holdings Inc. in an agreement dated March 10, 2021. The Purchaser is a wholly owned indirect subsidiary of British ...
Lucky Strike Maker Invests $177 Million In Organigram To Develop Cannabis Products
MONCTON, New Brunswick – Organigram announced a C$221 million strategic investment from a wholly-owned subsidiary of BAT. The BAT subsidiary has subscribed for approximately 58.3 million common shares of OGI, which represents a 19.9% equity interest ...
Psychedelic Company Delic Appoints Zak Garcia From BulletProof As New CMO
VANCOUVER, BC – Delic Holdings, a psychedelic wellness-focused company, is pleased to announce the appointment of Zak Garcia, former CMO of Bulletproof Inc., makers of Bulletproof® Coffee, as Chief Marketing Officer. (Pictured: Zak Garcia) Matt Stang commented "Zak ...
Akerna to Acquire Viridian Sciences SAP Software System
DENVER – Akerna, an enterprise software and compliance technology provider, developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology, announced it signed an agreement to acquire Viridian Sciences, a cannabis business ...
Silo Wellness Strikes Deal With Bob Marley Estate For Mushroom Brand
MONTEGO BAY–Silo Wellness Inc., a wellness company in the psychedelics and functional mushrooms, announced it has entered into a multi-year license agreement with the family of legendary musician Bob Marley for the exclusive worldwide rights ...
Mexico’s Congress Approves Landmark Cannabis Bill
MEXICO CITY — Lawmakers in Mexico approved a bill Wednesday night to legalize recreational cannabis which creates the largest market for cannabis in the world, eclipsing their neighbor, California. The measure is widely expected to ...
Akerna To Announce 4th Q & Results To December 31, 2020, Monday, March 22, 2021.
DENVER– Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform), will report financial results for the quarter ended December ...
Survey Finds A Majority Of New York Voters Support Accelerated Rollout Of Legalized Cannabis
WAKEFIELD, Mass., – A new survey conducted by Siena College Research Institute on behalf of Curaleaf Holdings, Inc. a U.S. provider of consumer products in cannabis, finds 57% of New Yorkers favor a faster rollout ...
Top Tips For Using CBD For Arthritis Pain Management
HCN– Cannabidiol (CBD) has been widely popularized as a potential treatment for forms of chronic pain such as arthritis pain and other types of joint pain. Does the science support the idea that CBD might ...
Exploring Cannabis Funding Around the World — Oceania
HCN Investigates – Oceania, which comprises Australia, New Zealand, and the surrounding islands, is expected to embrace both medical and recreational cannabis in the near future. According to cannabis analytics firm Prohibition Partners, the Oceanian ...
Dip Devices “Little Dipper” Promises Big Dabs From A Little Package
For the consummate cannabis concentrate enthusiast, one form of dabbing is never enough. Sometimes a massive rig made of heady glass complete with matching blowtorch is the flavor of the moment, other times an e-nail ...
California Cannabis Brand Launches Purposeful Pre-Rolls Donating $8.46 To Help End Mass Incarceration
VENICE, CA, – Substance, a premium California cannabis brand committed to propelling racial equity will release limited edition premium pre-rolls to help in the fight to end mass incarceration. In a purposeful collaboration ...
Mexico’s Landmark Cannabis Bill One Step Closer To Becoming Law
MEXICO CITY (Reuters) - Two special committees of Mexico’s Lower House of Congress late on Monday approved a draft bill to decriminalize marijuana and sent it on to the full chamber, bringing it a step ...
Veterans Action Council Announce Policy ”Green Paper” On Cannabis For Vets
CARLSBAD, Calif., – The Green Paper outlines significant and key concerns within the medical cannabis community, and what the Veterans Action Council feel are potential remedies, particularly as they relate to our Veterans. As Veterans of the ...
Woman’s International History Month: Investigating Cannabis and Pregnancy
OAKLAND – 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 ...
Curaleaf to Enter European Cannabis Market with Acquisition of EMMAC Life Sciences Limited
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a leading U.S. provider of consumer products in cannabis, today announced that it has signed a definitive agreement to acquire EMMAC Life Sciences Limited ("EMMAC"), ...
Hemp in Everything Signs Exclusive Deal with CBD Lounge
CHARLOTTE, N.C.,– Hemp in Everything - a company devoted to natural and organically -grown hemp-infused lifestyle products - today announced an exclusive partnership with Hideaway Lounge in Charlotte, North Carolina. Hideaway, located at 2710 Tuckaseegee Road, is the ...
