Legal Affairs
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
THC Design Repositions for National Expansion
LOS ANGELES- THC Design, a California-based cannabis company, has undertaken a comprehensive rebranding initiative in collaboration with New York creative studio Super Okay. The effort aims to transition the company from a regional entity to ...
The Hemp Surge: A Growing Challenge to Regulated Cannabis
NEW YORK — The legal line between hemp and cannabis in the U.S., drawn by the 2018 Farm Bill, was meant to clarify regulation. Instead, it created a set of inconsistencies that still affect how ...
Navigating Local Cannabis Regulations: A State-by-State Guide
NEW YORK — Cannabis regulation in the United States functions as a multi-layered governance system, where legal authority is distributed across federal, state, and local levels—with local jurisdictions exerting the most immediate control over real-world ...
TerrAscend Expands New Jersey Presence with Acquisition of Union Chill Dispensary
LOS ANGELES- TerrAscend Corp., a North American cannabis operator, has entered into an agreement to acquire Union Chill Cannabis Company LLC, a single-location dispensary in Hunterdon County, New Jersey. This acquisition marks TerrAscend's fourth dispensary ...
Playing to Win: How Strategy Really Works for Cannabis Leaders
LOS ANGELES -The Cannabis industry is filled with ambitious operators, visionary founders, and well-funded enterprises. Yet despite enormous energy and investment, many companies still struggle to answer the most fundamental question in business: what is ...
MSOs Confront Billions in Uncertain Tax Liabilities
LOS ANGELES – U.S. Cannabis operators continue to navigate the constraints of IRS Section 280E, which bars deductions for standard business expenses and drives up effective tax rates. Major multi-state Cannabis operators (MSOs) have leaned ...
Psilocybin Shows Promise for Traumatic Brain Injury Recovery
LOS ANGELES – A scientific review published in the journal Brain Sciences has outlined how psilocybin, the active compound in psychedelic mushrooms, might support recovery for individuals with traumatic brain injuries. The analysis, released in ...
Trulieve Announces Proposed Public Offering of Subordinate Voting Shares in USA and Canada
TALLAHASSEE – Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF), today announced the launch of a marketed public offering of Trulieve's subordinated voting shares in the United States and Canada (the "Offering"). The Company is offering ...
Hollister Biosciences Announces Distribution Partnership with Nabis in California
VANCOUVER, BC – Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) has partnered with one of California's leading distributors, Nabis, as demand for Hollister products continues to build. The new exclusive partnership will help streamline sales, grow retail ...
A LIFE IN A DAY: Cannabis Industry Personalities: Evan Nison
A Life In A Day is a profile of some of the cannabis industry’s key leaders, personalities and advocates. In this edition, we get to know Evan Nison. Evan Nison is the youngest member of ...
Spyder Cannabis Completes Private Placement Financing
VAUGHAN, On., – Spyder Cannabis Inc. (TSXV: SPDR), an established Canadian cannabis and vape retailer, is pleased to announce that the Company has closed its previously disclosed non-brokered private placement offering of 14,814,815 units at a ...
New THC-Free, High-End CBD Brand Launches Behind Positioning of Natural Beauty
FT. LAUDERDALE – A Consumer Reports survey says one out of seven people used CBD every day last year. As CBD regulations ease and the product becomes more mainstream, consumers are discovering the benefits of ...
Is Delta-8 Another Fad or is it Here to Stay?
In the last decade, the legal marijuana market has seen many products quickly rise to prominence only to quickly be replaced by the next big thing. The latest cannabis compound craze is delta-8-THC, a cousin ...
CWCBExpo Scheduled for New York: November 4-6, 2021
NEW YORK – CWCBExpo New York has been rescheduled to the fall of 2021. The event dates are November 4-6, 2021 (Thursday through Saturday) at the Jacob Javits Convention Center in New York.CWCBExpo is committed ...
Canopy Growth Completes Acquisition of Leading Ontario-based Cannabis Brand Ace Valley
SMITHS FALLS, ON – Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is proud to announce that it has completed the acquisition of AV Cannabis Inc. - one of Ontario's leading cannabis brands. With a strong ...
CBD Player Premium Jane Introduces Novel Sleep-Aid Formula With CBN, GABA
SCOTTSDALE – American CBD player Premium Jane has introduced a new range of infused products that are specifically engineered to help individuals improve their nightly sleep patterns. The products contain a novel formulation of 25mg ...
Nutritional High Announces Financial Results for the Second Quarter Ending January 31, 2021
TORONTO– Nutritional High International Inc. (CSE: EAT) announces its financial results for the second quarter ended January 31, 2020. Business Highlights: Q1 and Subsequent Events During the second quarter of fiscal 2021 and to the ...
Halo Collective Announces Proposed Spin-off of Assets to Create Halo Tek
TORONTO–Halo Collective Inc. (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced a plan to pursue a spin-off of certain of its software, device and intellectual property assets into a standalone company to be named Halo Tek ...
Plus Products partners with Eaze to Launch Limited-Edition Cannabis Gummy in California
SAN MATEO— Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) , a cannabis and hemp branded products company in the U.S., today announced that it is partnering with Eaze Technologies, one of California’s largest delivery marketplaces ...
Veriheal announces $20,000 Innovation in Cannabis Higher Education Scholarship Fund
DENVER — Veriheal, the cannatech healthcare enterprise behind the nation’s largest medical marijuana application platform, today announced a $20,000 Innovation in Cannabis scholarship to fund students pursuing degrees in the cannabis industry. The scholarship, which launched in 2020 with $10,000 in awards, ...
iAnthus Reports Fiscal Fourth Quarter and Full Year 2020 Financial Results
NEW YORK and TORONTO – iAnthus Capital Holdings. Inc, (CSE: IAN), (OTCPK: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, reports its financial results for the fourth quarter and ...
Greenlane and KushCo Announce Merger, Creating Leading Ancillary Cannabis Company
BOCA RATON– Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) announced on Wednesday, that they have entered into a definitive merger agreement, pursuant to which KushCo will become a wholly owned subsidiary ...
Tryp Therapeutics Appoints Greg McKee as Chief Executive Officer
SAN DIEGO– Tryp Therapeutics Inc. (CSE: TRYP), a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, is pleased to announce that it has appointed Greg McKee as its Chief Executive ...
New Study Shows Cannabis Is Needed More Than Ever Since The Pandemic
NEW YORK–Interesting new survey data collected by cannabis media outlet WayofLeaf suggests that medical cannabis is in heightened demand, despite increased access to recreational cannabis via adult-use laws. Results of the study highlight that 70% ...
Parallel Expands into Illinois Cannabis Market with Agreement to Acquire Windy City
ATLANTA and WEST PALM BEACH– Parallel, a privately-held multi-state cannabis operator in the United States, today announced it has entered into a definitive agreement to acquire, in a cash and stock transaction, certain operations of ...
Zenabis Announces Full Year and Fourth Quarter 2020 Financial Results
VANCOUVER, BC – Zenabis Global Inc. (TSX: ZENA) today announced its financial results for the year and quarter ended December 31, 2020. All amounts, unless specified otherwise, are expressed in Canadian dollars. Full Year 2020 Highlighted Financial ...
ManifestSeven Reports Results for Fourth Quarter and Fiscal Year 2020
IRVINE, Calif.– ManifestSeven Holdings Corp. (CSE: MSVN; OTCMKTS: MNFSF), an integrated omnichannel platform for legal cannabis, today announced financial results for its fiscal fourth quarter and year ended November 30, 2020. M7's fiscal year 2020 ...
EcoGen Biosciences Announces Plant Now, Pay Later Hemp Seed Program Designed to Support Farmers
GRAND JUNCTION, Colo.–EcoGen Biosciences, a leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients, proprietary formulations, and private-label finished products in the United States, today introduced the EcoGen "Plant Now, Pay Later" program. The Plant Now, Pay ...
High Tide Reports First Quarter 2021 Financial Results Featuring a 179% Increase in Revenue and EBITDA of $4.6 Million
CALGARY, AB, – High Tide Inc. (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, filed its financial results for the first fiscal quarter of ...
Nextleaf Solutions Secures $3 Million in Convertible Note Financing
Vancouver, British Columbia– Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) , an innovative cannabis processor, is pleased to announce that it has closed a private placement with an institutional investor for aggregate gross ...
CannabCo Announces Breakthrough in Cannabis Production with Phoenix 2.0
BRAMPTON, ON– CannabCo Pharmaceutical Corp., a Canadian company located in Brampton, Ontario, announced the latest results of their Phoenix 2.0 system. Working with their technology partners for the enhancement of CannabCo's proprietary grow system, dubbed ...
Inner Spirit Holdings Closes $11.5 Million Equity Financing
CALGARY, AB– Inner Spirit Holdings Ltd. (CSE: ISH), a Canadian company that has established a national network of Spiritleaf cannabis retail stores, today announced it has closed its previously announced "bought deal" short form prospectus ...
