Legal Affairs
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
Trump’s Tariffs, Social Program Cuts, and the Future of the Cannabis Industry
NEW YORK- Economic policy doesn’t just influence government budgets—it reshapes entire industries. For the U.S. cannabis sector, still federally illegal and structurally fragmented, proposed tariffs and social program cuts under a second Trump administration could ...
Hemp-Derived THC Beverages Are Booming as Cannabis Companies and Big Retail Jump In
NEW YORK- As federal cannabis reform remains stalled, a different kind of green wave is gaining momentum—this one is carbonated, hemp-based, and available online or at your local corner store. Hemp-derived THC beverages, which leverage ...
TILT Holdings Addresses Default Notices from Innovative Industrial Properties
LOS ANGELES- TILT Holdings Inc., a provider of cannabis business solutions, has received default notices from Innovative Industrial Properties (IIP) concerning two properties due to outstanding rental obligations. The properties in question are located ...
AYR Wellness Announces Leadership Changes
LOS ANGELES- AYR Wellness Inc., a U.S.-based multi-state cannabis operator, has announced recent adjustments to its executive team. Effective April 4, 2025, Steven M. Cohen stepped down as Interim Chief Executive Officer, a position he ...
Cannabis Giants Grapple with Weak ROIC, Viridian Report Finds
LOS ANGELES – A recent analysis by Viridian Capital Advisors paints a somber picture for the Cannabis industry, projecting that none [!] of the 11 major companies studied will achieve a Return on Invested Capital ...
Aurora Cannabis Inc. Reports 93% Sales Surge & Focus on Medical Market Dominance
OTTAWA – Aurora Cannabis Inc. (ACB), a leading Canadian cannabis producer, has reported a 93% jump in sales for its latest quarter, cementing its position in the medical cannabis market. The Edmonton-based company’s financial results, ...
Cannabis Real Estate Valuations Highlight Sector Dynamics
LOS ANGELES – A recent report from Viridian Capital Advisors sheds light on the valuations of four key players in the U.S. Cannabis real estate sector: Chicago Atlantic and AFC Gamma, the leading specialty lenders, ...
C21 Announces Release Date of Fiscal Year End Financial Results
VANCOUVER, B.C.,– C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF), a vertically-integrated cannabis company today announces it will release its year end audited financial results on May 18, 2021. The Company has received the requisite approvals ...
Nextleaf Solutions Awarded U.S. Patent for Synthesizing THC-O-Acetate
VANCOUVER, B.C.– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA), the world's most innovative cannabis processor, announced that the United States Patent and Trademark Office has granted the Company a patent pertaining to a ...
Tryp Therapeutics to Host Investor Day on April 22
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced that it will be hosting its quarterly Investor Day on Thursday, April 22 ...
Grower Essentials: The Gas Lantern Technique
OAKLAND, California – Cannabis cultivation - and agriculture in general - go back thousands of years. And while incredible technological advances have been made, even more so recently, there are some tried and true methods ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Tips For Mellowing Out When Too High
OAKLAND, CALIFORNIA – The story is all too familiar. You eat an infused cookie or take one dab too many and all of a sudden are lost in a fog of anxiety, sweat, and fatigue ...
Organigram Reports Second Quarter Fiscal 2021 Results
MONCTON, New Brunswick – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a licensed producer of cannabis, announced its results for the second quarter ended February 28, 2021. “Although Q2 ...
Forian Announces $12 Million Private Placement of Common Stock
NEWTOWN, Pa.,– Forian Inc. (Nasdaq:FORA), a provider of software and technology-enabled services for the healthcare and cannabis industries, announced today that it has entered into a securities purchase agreement with a select group of institutional and ...
New Mexico Becomes 17th U.S. State to Legalize Recreational Cannabis
SANTA FE – New Mexico has become the 17th state to legalize recreational cannabis after Gov. Michelle Lujan Grisham signed legislation today, joining a national movement to decriminalize cannabis. Cannabis laws are increasingly seen as ...
Research Shows Sustained Improvements In Chronic Pain Patients Who Use Cannabis
BOSTON - The long-term use of cannabis provides sustained improvements in patients suffering from chronic pain conditions, according to longitudinal data published in the journal Experimental and Clinical Psychopharmacology. A new study: “No pain, all gain? Researchers from ...
GTEC Repays $6 Million Loan, Eliminates Debt
Kelowna, BC– GTEC Holdings Ltd. (TSXV:GTEC) (OTCQB: GGTTF) (FRA: 1BUP) a multi-licensed producer of cannabis, announced that it has repaid its two Senior Secured Promissory Notes with NFS Leasing Canada Ltd. in full. The Notes, ...
Verano Completes Territory, Emerald and Local Joint Acquisitions in Arizona
CHICAGO – Verano Holdings Corp. (CSE: VRNO), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the ...
Aphria Announces 3rd Quarter Fiscal Year 2021 Results
LEAMINGTON, ON, – Aphria Inc. (TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company, today reported its financial results for the third quarter and nine months ended February 28, 2021. All amounts ...
Shawn ‘JAY-Z’ Carter’s MONOGRAM Redefines ‘The Good Life’
LOS ANGELES – Shawn 'JAY-Z' Carter and his cannabis brand, MONOGRAM launched the first installment of a three-part campaign that reimagines the iconic photos of renowned mid-century American photographer Slim Aarons through a contemporary lens. ...
Hotels.com Is Footing the Room Service Bill for Your 4/20 Munchies
DALLAS – Some associate April with rain showers, others with dreaded tax season. With 15 states and counting allowing Mary Jane to legally blow within their borders, many are also now associating it with one ...
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 ...
