Legal Affairs
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
Paraguay Considers Legalizing Recreational Cannabis
LOS ANGELES- Paraguay is evaluating the legalization of recreational cannabis, with the Senate scheduled to vote on a proposal in March 2025. The initiative aims to permit the sale of cannabis in regulated dispensaries, under ...
Prospects of Executive Action on Cannabis Under the Trump Administration
LOS ANGELES- As of early February 2025, there is no indication that President Donald Trump plans to sign an executive order directly impacting the cannabis industry. While President Trump has previously expressed support for reclassifying ...
Frontier Risk Group Secures $3 Million in Seed+ Funding
LOS ANGELES- Frontier Risk Group, a company specializing in insurance solutions for the cannabis industry, has announced the successful completion of a $3 million Seed+ funding round. This round was led by Casa Verde, a ...
Nanotechnology-Enhanced CBD Demonstrates Neuroprotective Effects in Retinal Study
LOS ANGELES- A study published in the European Journal of Pharmacology investigated the neuroprotective properties of cannabidiol (CBD) delivered via nanotechnology in an animal model of retinal excitotoxicity. Researchers from the University of Catania, University ...
Australia’s Legal Cannabis Market Projects Significant Growth
LOS ANGELES- Australia's legal cannabis market is poised for substantial expansion, with projections estimating growth from USD 126.32 million in 2024 to USD 420.33 million by 2030, reflecting a compound annual growth rate (CAGR) of ...
Texas Expands Medical Cannabis Access
LOS ANGELES- In a significant policy shift, Texas lawmakers have approved House Bill 46, expanding the state's medical cannabis program to include patients with chronic pain and those in hospice or terminal care. The bill ...
Cresco Labs Reschedules Q1 2025 Earnings
LOS ANGELES- Cresco Labs Inc. has announced an updated schedule for its first quarter 2025 financial disclosures. The company will file its interim financial statements and Management’s Discussion and Analysis (MD&A) on Friday, May 30, ...
Cannabis Beverages Category Growth Outpaces Booming Cannabis Market
VANCOUVER, B.C. - Weed beverages are a new and refreshing addition to the cannabis products range. With the recent M&A from Aphria purchasing a US craft brewery, cannabis beverages are getting considerable attention from existing ...
Aphria Reports Record Sales in Q2 but Net Loss Widens
LEAMINGTON, Ontario – Aphria (APHA) the biggest company in Canadian recreational pot shares climbed more than 18 per cent after the major LP reported a record-breaking quarter for recreational cannabis sales, confirming analyst expectations for ...
Leading Oregon Compliance Company Gets Ready for Psilocybin
PORTLAND – Hemp, CBD, THC-cannabis and now psilocybin compliance? Bring it on say compliance consulting firm Allay. They announced this week they're launching a new division focused on supporting businesses with the regulation of the ...
Cannabis Industry Veteran Steve DeAngelo Departs Harborside
Harborside Announces Departure of Steve DeAngelo OAKLAND - Harborside Inc. (HBOR), a California-focused, vertically-integrated cannabis enterprise, announces that the Company and Steve DeAngelo are separating, and the Company is eliminating the role of Chairman Emeritus, ...
Cannabis to be ignored by UFC in anti-doping tests
LAS VEGAS – UFC leadership said they plan to ignore cannabis in its anti-doping policy, and will not punish users unless they use cannabis for enhancing performances The amendment to the rules was announced the ...
Cannabis Companies Still Cannot Seek Chapter 11 Bankruptcy Protection
DENVER–A bankruptcy court in Colorado last week threw out United Cannabis Corp.'s Chapter 11 case, finding “good cause” to grant a Justice Department motion to dismiss based on the company’s ties to cannabis. Judge Joseph ...
Local Activists Succeed in Decriminalization of Mushrooms In Michigan City
ANN ARBOR, MI — Magic mushrooms and other psychedelic plants and fungi are now effectively decriminalized in Ann Arbor, at least in terms of city police enforcement priority. This week, following up the Council's decision, ...
Moving Closer To Legalization New York Proposes New Cannabis Regulator
ALBANY - Governor Andrew Cuomo pledged to legalize the recreational cannabis use in New York, proposing a new office to regulate the market and licensing opportunities for communities most affected by the disparate enforcement of drug ...
Judge Order Cannabis Companies To Stop Billboard Advertising
The California Bureau of Cannabis Control has been tasked to inform all cannabis business owners that they can no longer advertise on highways that cross state lines, according to a judgement from San Luis Obispo ...
Mexico Gives The Green Light To Medical Cannabis
MEXICO CITY - Mexico’s health ministry have published rules this week regulating the use of medical cannabis, a first major reform that makes Mexico the world’s largest legal cannabis market. The new regulation was signed ...
Women Inclusion Network and WEIC Join Forces To Support Women In Cannabis
LOS ANGELES --The Arcview Group’s Women’s Inclusion Network joins forces with Women Empowered in Cannabis (WEiC) to develop a cohesive program that benefits members of both organizations. In 2021, Women’s Inclusion Network and WEiC will offer joint membership, access ...
California Will Facilitate Greater Access To Financial Services in Cannabis
SACRAMENTO – Today, the California state cannabis licensing authorities – the Bureau of Cannabis Control, California Department of Food and Agriculture and California Department of Public Health – provided notice to the public of proposed ...
California Consolidates Cannabis Regulatory Bodies Into One Super Regulator
SACRAMENTO – California Governor Gavin Newsom (pictured above) fiscal year 2021-2022 budget proposal released today includes a proposal to consolidate the three state licensing authorities into a single Department of Cannabis Control. This proposal was ...
USDA Say New COVID Stimulus Funds Now Extend to Help Hemp Farmers
(Washington, D.C.) USDA have said funding for Hemp farmers affected by COVID will be released as early as this month, through the $900 billion Consolidated Appropriations Act, 2021. A new bill just signed into law ...
Virginia Joins East Coast States In Push to Full Legalization
Virginia takes one step closer to legalizing cannabis sales with new legislation proposed today by Gov. Ralph Northam in a meeting in Richmond's state capital. Backed by state Senators Louise Lucas, D-Portsmouth, and Adam Ebbin, ...
Curaleaf completes new $50 million revolving credit facility
Curaleaf Holdings, Inc. (OTCQX: CURLF), a leading U.S. provider of consumer products in cannabis, today announced successful completion a new $50 million, three-year secured revolving credit facility. The net proceeds from borrowings under the credit ...
Four Cannabis Social Justice Organizations to Know
Cannabis has evolved from being the Nixon-era’s scapegoat to a modern element of pop culture that’s becoming a vibrant, booming industry. Last year alone, we’ve generated tens of thousands of jobs, crime rates have plummeted, ...
Dutch Government Mandates Ugly Packaging For Newly Regulated Cannabis Brands
DEN HAGUE – The cannabis sold in the Netherlands is sold in coffee shops or hash bars dotted around Holland in cities like Amsterdam and Rotterdam. These coffee shops act as in-site consumption lounges. Despite ...
Aurora Cannabis Layoffs Continue Despite Cannabis Stocks Boom
Edmonton-based Aurora Cannabis (ACB) have stopped production at their Aurora Sun property in Medicine Hat. About 30 workers were made redundant. Aurora’s Vice President of Communications, Michelle Lefler says that the facility is now offline. ...
Cannabis Consumption Up Amidst Pandemic
In light of mandatory lockdowns put in place in response to the COVID-19 pandemic, it appears fun-seekers are changing up their consumption habits. According to a new study, the dormant club scene in New York ...
Cannabis Stocks Jump On Democrat Wins In Georgia
Cannabis stocks soared this week, riding the blue wave that washed over the state of Georiga. Two run-off Senate races saw a Democratic sweep, cementing majority control for the party. The Rev. Raphael Warnock and ...


































































