Legal Affairs
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
Canopy Growth Introduces Targeted Product Expansion for Canadian Market
LOS ANGELES- Canopy Growth Corporation has announced a strategic expansion of its product portfolio, focusing on four high-demand segments within Canada's adult-use cannabis market: vapes, high-THC flower, pre-rolls, and edibles. This initiative is part of ...
U.S. Legal Cannabis Sales Surpass $30 Billion in 2024
LOS ANGELES- In 2024, legal cannabis sales in the United States reached $30.1 billion, marking a 4.5% increase from the previous year. This growth occurred despite a 3.4% reduction in industry employment, equating to approximately ...
iAnthus Capital Holdings Reports Q1 2025 Financial Results
LOS ANGELES- iAnthus Capital Holdings, Inc. a multi-state operator in the U.S. regulated cannabis industry, released its financial results for the first quarter ended March 31, 2025. Financial Highlights Revenue: $38.1 million, a decrease from ...
Silo Pharma Initiates Safety Study for PTSD Drug SPC-15
LOS ANGELES- Silo Pharma Inc. a developmental-stage biopharmaceutical company, has commenced a 7-day safety and toxicology study for its lead candidate, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The study is being conducted ...
Cannabis Stocks Climb 79% in a Month, But Path to Past Highs Remains Uncertain
LOS ANGELES – Publicly traded Cannabis companies have seen sharp gains recently, with the AdvisorShares Pure US Cannabis ETF (MSOS) climbing about 79% over the past month. This rally prompts questions about sustainability and potential ...
Vape Users Prioritize Lab Testing for Brand Trust, Survey Finds
NEW YORK – A recent survey of 1,000 U.S. vape users reveals that nearly half (48%) consider lab testing and safety certifications the top factor influencing their trust in a brand. Conducted by EJuiceDB, the ...
SynBiotic Builds North American Ties to Secure Overseas Funding
DÜSSELDORF – SynBiotic SE, a publicly traded European company focused on medical Сannabis and industrial hemp, has formed alliances with several North American advisory firms to broaden its reach among global investors. The move aims ...
Inner Spirit Holdings Announces Launch of Trading on U.S. OTCQB Venture Market
CALGARY–Inner Spirit Holdings Ltd. (CSE: ISH) (OTCQB: INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it will commence trading on the OTCQB Venture Market, a U.S. ...
Psychedelic Experience Launches New Website To Help Navigate The World of Psychedelics
NEW YORK– Psychedelic Experience will be launching a new website to help aspiring and experienced psychonauts traverse the ever-changing landscape of psychedelics. Inspired by the psychedelic renaissance and the rapid developments in legalization around the world, ...
420 Cannabis Hoilday Retail Traffic Up 10% in 2021
DENVER –Cannabis retail traffic was up 9.5%, and sales rebounded 8.4% year-over-year on 4/20, according to Cova Software. While major outages plagued several big POS systems, Cova reported its 4th straight year of perfect uptime ...
Dragonfly Biosciences Launches Global Outreach Into Australia
LONDON– Dragonfly Biosciences UK makers of a leading seed to shelf range of CBD oils and skincare products has formed a non-exclusive distribution agreement with Health House International Australia, enabling the sale of Dragonfly CBD ...
Psilocybin As Effective As Antidepressants, According To Study
OAKLAND – Psilocybin, the active ingredient in “magic” mushrooms, has long been celebrated for its potential to be used as an alternative to powerful pharmaceutical drugs in the treatment of mental health conditions, and new ...
A LIFE IN A DAY: Brett Puffenbarger: Cannabis Industry Personalities
BRETT PUFFENBARGER is a multi-talented cannabis and hemp professional experienced across a broad range of categories of the "green rush." He’s co-founder CEO of consulting firm Good Highdeas which is focused on due diligence and ...
5 Fast Facts About Your Endocannabinoid System
OAKLAND – Cannabis has become a popular alternative treatment for several different illnesses and ailments. Cannabidiol (CBD), a non-psychoactive cannabinoid, in particular is gaining attention for its plethora of health benefits. CBD does not get ...
Michigan Cannabis Sales Reach Record Highs In March
DETROIT – Michigan recreational cannabis sales are on track to surpass $1 billion in the next 12 months. The Michigan Marijuana Regulatory Agency provides a very detailed breakdown of their market from volumes sold to ...
Canopy Growth Signs U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverage Portfolio
NEW YORK–Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a leading diversified cannabis, CBD and vaporization device company, today announced Southern Glazer's Wine & Spirits, a pre-eminent distributor of beverage alcohol, as the distribution partner for ...
TerrAscend Expands in Pennsylvania Through Acquisition of Keystone Canna Remedies
NEW YORK– TerrAscend Corp.(CSE:TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has entered into a definitive agreement to acquire GuadCo, LLC and KCR Holdings LLC for an implied enterprise value of ...
dosist Brand Launches Clean Gummies Into Edibles Category
LOS ANGELES– Cannabis brand dosist™ today announced the launch of dosist performance gummies, the latest innovation in its THC product portfolio. Available now in California, dosist's fast-acting, all-natural vegan gummies were designed to completely elevate the ...
GrowGeneration Expands Michigan Footprint with Downriver Hydro Acquisition
DENVER– GrowGeneration Group (NASDAQ: GRWG), a chain of specialty hydroponic and organic garden centers, today announced its acquisition of Downriver Hydroponics, a Michigan-based indoor garden supply center in Wayne County. Founded in 2011, Downriver Hydro is the ...
Decibel Announces Promotion of Kris Newell to Chief Operating Officer
CALGARY– Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer and retailer, is pleased to announce the promotion of Kris Newell to the recently created position of Chief Operating Officer, effective as ...
Legal Global Cannabis Market Forecast To $84 Billion By 2028
SAN FRANCISCO– The global legal cannabis market size is expected to reach USD 84 billion by 2028, according to a new report by Grand View Research. This market is expected to expand at a CAGR of 14.3% ...
SAFE Banking Act Passes By Voice Vote in US House of Representatives
WASHINGTON, D.C., – The SAFE Banking Act passed the House today by a voice vote. The act essentially allows cannabis companies to access normal federal banking services. The House move clears the way for the ...
Curaleaf to Report First Quarter 2021 Financial and Operational Results
WAKEFIELD, Mass.– Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), a leading international provider of consumer products in cannabis, today announced that it will report its financial and operating results for the first quarter ended March ...
HCN Investigates: What Are The Market Dynamics Of North America’s Emerging Psilocybin Industry?
HCN Investigates: The Psilocybin Market Part 1 — Overview Use of psychedelic plant substances dates back thousands of years. Practically every culture in the world has some history of psychedelic plant use, and cultural anthropology ...
Bespoke Closes $8 Million Series A From Snoop’s Casa Verde and Linkedin Founder’s Sweat Equity Ventures
LOS ANGELES– Bespoke Financial, a Fintech lender for cannabis companies, announced today the close of a $8 million Series A, bringing the company's total funding to date to over $28 million. The raise was co-led by Snoop ...
Humble Hemp Wraps Roll onto Store Shelves
THOUSAND OAKS, Calif., – Humble Specialty Products, LLC announced the launch of its inaugural hemp wrap product line. The Humble Hemp Wraps brand, the real King of Flavor, was created by the team behind leading ...
American CBD Brand Premium Jane Releases Special Product Range for Upcoming “420 Holiday”
SCOTTSDALE, Ariz., – While the nationwide "420 holiday" is typically celebrated by recreational cannabis users, prominent CBD brands across the industry are not passing up on the opportunity to acknowledge the novel calendar event. One ...
Parallel Invests $25M in a New State-of-the-Art Cannabis Cultivation, Production and Retail Facility in Texas
AUSTIN –Parallel, a privately-held multi-state cannabis operators in the United States, today announced it will make a $25 million dollar investment in a new state-of-the art cannabis cultivation, production and retail facility in Texas. This ...
Medterra Expands Portfolio With New True Full Spectrum Line
IRVINE, Calif., – Medterra an industry leader in CBD, announced the launch of its True Full Spectrum collection. Medterra recognized the growing consumer acceptance of THC and set out to develop the best full spectrum CBD on ...
Playboy Celebrates National Cannabis Awareness Month, Redoubling Efforts on Nationwide Cannabis Reform and Advocacy
LOS ANGELES– In celebration of National Cannabis Awareness Month taking place throughout April, Playboy Enterprises today announced a month-long initiative supporting nationwide cannabis reform and advocacy. Building on the success of their legalization and expungement campaign ...
USA Cannabis Sales Projected to Reach $28 Billion in 2022
SEATTLE– Headset, a leading provider of data and analytics to the cannabis industry, announced today the launch of a long-term forecast for the U.S. and Canadian markets with category and top-level data to be updated ...
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 ...
