Legal Affairs
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis
LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
Minnesota’s Cannabis Office Initiates Grant Program for Communities Affected by Prohibition
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has introduced the CanRenew Community Restoration Grants, a program designed to support communities disproportionately impacted by past cannabis prohibition policies. In 2025, the program will allocate ...
The Future of Cannabis Under Trump’s 2025 Administration: A Tough Road Ahead?
WASHINGTON, D.C.–As the new Trump administration takes shape in 2025, the future of cannabis policy in the United States remains uncertain. While President Trump has occasionally expressed support for a state's rights approach to cannabis ...
Psychedelic Drugs Market Projects Significant Growth Through 2029
LOS ANGELES- The global psychedelic drugs market is projected to experience substantial growth, with estimates indicating an increase from $6.39 billion in 2025 to $11.93 billion by 2029, reflecting a compound annual growth rate (CAGR) ...
Village Farms Completes Divestiture of Fresh Produce Business to Focus on Cannabis
LOS ANGELES- Village Farms International Inc. has finalized the transaction to privatize its fresh produce operations, marking a strategic shift to concentrate on its cannabis ventures. The deal, completed on May 30, 2025, involves the ...
Massachusetts House Approves Cannabis Oversight Reform Bill
LOS ANGELES- The Massachusetts House of Representatives has unanimously passed legislation aimed at restructuring the state's cannabis regulatory framework. The bill, designated as H 4187, seeks to address administrative challenges and enhance oversight within the ...
The Green Organic Dutchman Reports Fourth Quarter and Year End 2020 Financial Results
TORONTO – The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, reports its results for the fourth quarter and fiscal year ...
Last Prisoner Project Calls on President Biden to Grant Clemency to Federal Cannabis Prisoners
NEW YORK – The Last Prisoner Project has launched 'A Time To Heal,' an advocacy campaign calling on President Biden to leverage his clemency power to commute the sentences of thousands of people unjustifiably incarcerated ...
Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2020 Financial and Operational Results
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading U.S. provider of consumer products in cannabis, today reported its financial and operating results for the fourth quarter and year ended December 31, 2020. ...
TILT Launching Female-Forward Brand ”Her Highness NYC” Into Mass.
PHOENIX – TILT Holdings Inc. (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development, distribution and retail, is pleased to announce ...
Justice Arrives For 26,000 San Diegans: Cannabis Felonies Reduced To Misdemeanors
SAN DIEGO – The San Diego Union-Tribune reports that San Diego County announced that nearly 26,000 people with felony cannabis-law violations on their records in San Diego County had them reduced to misdemeanors last month. ...
This Week: Major Cannabis Companies Plan To Announce Fourth-Quarter Results
NEW YORK – Major cannabis companies that are reporting their fourth-quarter results (after market closes on the following dates) include: TUESDAY 3/9 Curaleaf Holdings Inc. reports fourth-quarter results after the market closes. Acreage Holdings Inc. reports fourth-quarter earnings after ...
France Becomes The First Country to Ban All Five Pesticides Linked to Bee Deaths
PARIS – France, inadvertently, is now leading the world in saving the bees by setting a benchmark in the global effort to save the bees and prevent “ecological Armageddon.'' This is very relevant to cannabis. ...
Morocco: One Of Largest Cannabis Producers In World Set To Legalize Cannabis
RABAT – Morocco produces an estimated 70% of Europe’s cannabis products. Cannabis in Morocco grows in the rugged but fertile Rif Mountains. The local strain of cannabis is known as Beldiya, but it's gradually disappearing ...
Green Thumb Industries & Cannabis-Infused Beverage Cann Announce National Expansion
CHICAGO and VANCOUVER, British Columbia – Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a leading cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today announced an exclusive partnership with leading cannabis-infused beverage ...
COOKIES Retail Footprint Expands In Michigan With 7th Dispensary Opening
DETROIT – Gage Cannabis Co. a leading cannabis brand operator in Michigan, announced it will begin serving adult-use consumers at its second COOKIES provisioning center in Kalamazoo starting on Saturday, March 6; the announcement comes quickly after the COOKIES location ...
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 ...
Exploring Cannabis Funding Around the World — Africa
HCN Investigates – Africa has a long history of medicinal cannabis use. Find out how this continent’s modern entrepreneurs are finding funding for legal African cannabis ventures. Exploring Cannabis Funding Around the World — Africa ...
Columbia Care Announce Results For Fourth Quarter And Full Year 2020
NEW YORK – Columbia Care Inc. announce preliminary results for the fourth quarter and full year ended December 31, 2020. The Company is also issuing 2021 guidance. Below is their recent press release statements: “Our ...
Tryp Therapeutics Announces Listing On OTCQB
LA JOLLA, California – Tryp Therapeutics (CSE: TRYP) a pharmaceutical company focused on identifying and developing clinical-stage compounds for diseases with high unmet medical needs, announced today that it has submitted its application for a ...
Massachusetts Legislators File New Bills Decriminalizing Drug Possession & Use
BOSTON – Massachusetts state legislature's decriminalization bill was introduced in the House by Representatives Liz Miranda and Mike Connolly with a virtually identical bill in the Senate by Julian Cyr. If passed, this bill would ...
BDSA Reports Global Cannabis Sales Exceeded $21 Billion in 2020; Forecasts $56 Billion by 2026
BOULDER – BDSA announced today the release of its 2020 cannabis sales data and forecast future sales by region. Global cannabis sales reached nearly $21.3 billion in 2020, an increase of 48% over 2019 sales ...
France Begins Research This Month Into Medical Cannabis
PARIS, France – Decree 2020-1230 which allows the launch of a new broad-based research into the therapeutic benefits of cannabis among the French, has finally been published in the French Official Journal; a typical step ...
Report: Cannabis Consumers Spending 25% More During Covid-19 Pandemic
DENVER – Business intelligence from Akerna (Nasdaq: KERN), shows how the Covid-19 pandemic has altered daily lives of North Americans, with cannabis shoppers and patients spending about 25-30% more per purchase and are increasingly purchasing ...
IMCC Becomes First Israeli Cannabis Company To List On NASDAQ
GLIL YAM, ISRAEL – IM Cannabis Corp., a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company's common shares will commence trading today ...
Psychedelic Company Delic Holdings Announce New Appointment to Board of Advisors
LOS ANGELES – DELIC Holdings Inc. (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness-focused company, is pleased to announce the appointment of Kyle Snook, former COO of Actify Neurotherapies, to the Board of Advisors of the ...
Eaze Releases Annual State-Of-Cannabis Review: How Cannabis Consumers Responded to COVID-19
SAN FRANCISCO – Eaze, California’s largest legal cannabis marketplace, today released its sixth annual Eaze Insights State of Cannabis Report. The 2020 report, “How Cannabis Consumers Responded to Crisis”, looks at aggregate consumer trends driving the ...
Schwazze Completes Acquisition of Five Remaining Star Buds Dispensaries in Colorado
DENVER – Schwazze, formerly operating as Medicine Man Technologies Inc. (OTCQX: SHWZ) ("Schwazze" or “the Company"), today announced that it has closed on the asset purchase of the five Star Buds dispensaries located in Colorado ...
Berlin Psychedelics Startup Atai Raises $157 Million & Eyes IPO
BERLIN – Biotech startup Atai Life Sciences, which is exploring the use of psychedelic treatments for depression, anxiety and addiction, on Wednesday said that it had raised $157 million from investors to develop its drugs ...
Pennsylvania Gov. Tom Wolf Releases Large Group Of Cannabis-Law Violators
Gov. Tom Wolf has signed off on 310 pardons, 69 of them impacting the lives of nonviolent cannabis law violators, whom criminal justice advocates say face a lifetime of for a crime that now is on ...
Highly Capitalized Celebrates Women’s History Month With A Salute To The Legendary Brownie Mary
SAN FRANCISCO – Brownie Mary (born Mary Jane Rathbun December 22, 1922 – April 10, 1999) was an American rights activist specializing in cannabis reformation, who became a face of rationale and perspective amongst heavily ...
