Legal Affairs
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES - Critical compliance issues, market exits, and clinical and regulatory breakthroughs shaped a turbulent week for cannabis and psychedelics businesses. Cannabis Industry Highlights 1.Cresco Labs Exits California, Refocuses on Profitability Cresco Labs confirmed ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
Proposed New York Cannabis Legislation May Introduce Regulatory Challenges
LOS ANGELES- New York State legislators are considering a bill that could modify existing restrictions on intoxicating hemp products, potentially impacting the state's legal cannabis market. The proposed legislation aims to ease limitations on certain ...
Tilray Brands Reports Third Quarter Fiscal 2025 Financial Results
LOS ANGELES--Tilray Brands, Inc. reported net revenue of $185.8 million for the third quarter of fiscal year 2025, ending February 28. This represents a 1.4% decrease from the $188.3 million reported in the same quarter ...
Virginia General Assembly Upholds Governor’s Vetoes on Cannabis Legislation
LOS ANGELES-The Virginia General Assembly recently convened to address Governor Glenn Youngkin's vetoes and amendments on various legislative measures, including those pertaining to cannabis regulation. Despite efforts by Democratic lawmakers to overturn the vetoes, the ...
Organigram Acquires Collective Project to Enter U.S. Cannabis Beverage Market
LOS ANGELES- Organigram Global Inc. has acquired Collective Project Limited, a producer of cannabis and hemp-derived infused beverages. The acquisition involves an initial payment of approximately 6.2 million Canadian dollars (about $4.3 million), with potential ...
Week In Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES - Critical compliance issues, market exits, and clinical and regulatory breakthroughs shaped a turbulent week for cannabis and psychedelics businesses. Cannabis Industry Highlights 1.Cresco Labs Exits California, Refocuses on Profitability Cresco Labs confirmed ...
Glass House Brands Tightens Up Compliance After ICE Raids Shake Operations
LOS ANGELES – Glass House Brands Inc. has swiftly moved to strengthen its compliance protocols following federal immigration raids on two of its California farms on July 10. Conducted by U.S. Immigration and Customs Enforcement ...
Canada’s Cannabis Industry Defies Economic Odds
TORONTO – In a striking contrast to Canada’s faltering economy, the legal Cannabis industry continues to flourish, bolstering the nation’s GDP while other sectors struggle. Statistics Canada reports that the licensed cannabis sector grew by ...
What Are The Different Products Available In Cannabis?
OAKLAND – The advent of legal cannabis has brought about big developments in the ways we get high. Long gone are the days when smoking a joint or hitting a bong were the only ways ...
Indoor Grown Cannabis Vs Outdoor Grown Cannabis – What’s The Difference?
OAKLAND – While cannabis has been cultivated around the world for thousands of years, modernization has made it easier than ever to grow the plant, whether in an outdoor garden bed or an isolated indoor ...
Cannabis Vaporizer Market Projected To Reach US$ 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 ...
Connected Cannabis Co. Announces $30M Capital Raise
SACRAMENTO– Connected Cannabis Co, a cannabis cultivator, retailer and market leader in California, today announced the closing of a $30 million capital raise consisting of debt and equity financing. The round was led by existing investors Navy ...
The Legion of Bloom Partners with Environmental Not-for-Profits
SANTA ROSA, Calif.,–The Legion of Bloom, a cannabis company based in Northern California, announced the launch of a new program that cements its reputation for sustainability and corporate social responsibility by aligning with environmental not-for-profits. ...
Khiron Receives Accreditation for UK Medical Cannabis Education and Partners with UK’s Cellen Therapeutics to Improve Clinician Education
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced it has received UK Continuing Professional Development accreditation for Khiron ...
QwikLeaf Unveils World’s First Cannabis Smart Locker and Delivery Network
PALM SPRINGS, Calif.,– QwikLeaf, developer of the world's first smart locker solution for cannabis deliveries, today announced the completion of its technology platform. The platform allows for cannabis customers to order online and pick-up orders ...
Canopy Growth Introduces Vert – a Quebec-Exclusive Cannabis Brand
MIRABEL, QC,– Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and vaporization device company, is announcing the launch of Vert, the Company's first Quebec-exclusive brand. The first two strains to launch ...
The Valens Company Reports Financial Results for the First Quarter of Fiscal 2021
KELOWNA, BC– The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a manufacturer of cannabis products, reported its first quarter financial results for the period ended February 28, 2021. Tyler Robson, Chief Executive Officer, Co-Founder and ...
Premier Cannabis Brand COOKIES Founder and CEO Celebrates 4/20 with Cannabis and Comedy
SAN FRANCISCO– Premier Cannabis Brand COOKIES Founder and CEO Gilbert Milam Jr. aka Berner hosts "Couch Locked," a 420 Comedy Show on April 20, 2021, the holiday celebrating marijuana. The hybrid live/virtual event is co-hosted by comedians Michael Blackson and Paul Rodriguez and ...
The Emerald Cup Announces 2021 Award Winners
LOS ANGELES – The pandemic did not stop the “Academy Awards of Cannabis” known as The Emerald Cup from celebrating excellence in the sungrown cannabis world and awarding the “best-in-class” in their community. Airing live, The ...
Aphria Shareholders Overwhelmingly Approve Proposed Arrangement With Tilray
LEAMINGTON, ON–(TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today announced that its holders of Aphria's common shares at the special meeting of Aphria Shareholders approved the previously announced arrangement under the Business ...
Lumiera Health Begins Sales Of Awaye™ Pain Relief Cream and Launches DTC e-Commerce
MONTREAL– Lumiera Health Inc. (TSXV: NHP), a company specializing in the development and commercialization of evidence-based botanical products for the healthcare industry, announced the launch of Awaye™ pain relief cream for the Canadian market. Awaye™ provides ...
