Legal Affairs
Analysis: A Tale of Two Markets: U.S. Cannabis at a Crossroads as Global Momentum Builds — and Backtracks
LOS ANGELES-The U.S. cannabis industry stands divided. Some state markets are opening and expanding, while others are contracting under the weight of high taxes, regulatory friction, and unrelenting illicit competition. But across all markets, uncertainty ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
Glass House Brands Secures $50 Million Senior Secured Loan
LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has secured a new $50 million senior secured loan maturing on January 31, 2030. This facility replaces the previous loan set to mature in ...
Cannabis Edibles and Emergency Department Visits
LOS ANGELES- The consumption of cannabis edibles has been linked to a notable increase in emergency department (ED) visits, particularly among younger populations. Unlike inhaled cannabis, edibles have a delayed onset of effects, often leading ...
Canopy Growth Initiates $200 Million At-The-Market Equity Program
LOS ANGELES- Canopy Growth Corporation has established a new at-the-market (ATM) equity program, enabling the company to issue and sell up to $200 million in common shares across U.S. and Canadian markets. The company intends ...
GTI Q4 2024: Strong Leadership, But Can It Sustain Momentum?
NEW YORK–Green Thumb Industries (GTI) has once again demonstrated why it remains a leader in the U.S. cannabis industry. With a steady growth trajectory and disciplined financial management, the company continues to post strong results ...
Analysis: A Tale of Two Markets: U.S. Cannabis at a Crossroads as Global Momentum Builds — and Backtracks
LOS ANGELES-The U.S. cannabis industry stands divided. Some state markets are opening and expanding, while others are contracting under the weight of high taxes, regulatory friction, and unrelenting illicit competition. But across all markets, uncertainty ...
California’s Cannabis Tax Hike Could Break the Legal Market — Just as It Was Starting to Stabilize
LOS ANGELES- California's legal cannabis market, already strained by price compression, regulatory overload, and illicit competition, took another hit on July 1 as the state’s cannabis excise tax officially jumped from 15% to 19%. The ...
Analysis: California’s Cannabis Catastrophe: Why the July 1 Tax Hike Threatens an Already-Struggling Industry
LOS ANGELES-California's legal cannabis industry just got hit with a devastating blow. As of July 1, 2025, the cannabis excise tax jumped from 15% to 19% — a nearly 27% hike — pushing total taxes ...
5 Interesting Facts About the Endocannabinoid System
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 its users ...
Keegan Peterson, CEO of Cannabis Payroll Provider, Würk, Dies At 33
DENVER – Keegan Peterson, (pictured) CEO of Denver-based cannabis human-resources tech company Würk, has died. He was 33 years old. Peterson founded Würk in 2015, a payroll and HR-solutions company solely for cannabis businesses with ...
Sale Of Recreational Cannabis Underway Across Arizona
PHOENIX – Medical cannabis dispensaries can now get licensed for recreational cannabis licenses, according to the Arizona Department of Health Services. Voters passed Proposition 207 in November, legalizing the sale and possession of recreational cannabis ...
Michigan’s Cannabis Market Could Reach $3 billion, 4 Million Customers In 3 Years
DETROIT – Recreational Cannabis has taken off in Michigan with the legal cannabis market being forecast to exceed $3 billion in value comprising a projected 4 million customers by 2023. Michigan's Marijuana Regulatory Agency director ...
How Are Cannabis Businesses Funded In Oceania?
HCN INVESTIGATES: What is the current status of cannabis law in Australia, New Zealand, and the surrounding islands, and how is the blossoming Oceanian cannabis industry funded? Exploring Cannabis Funding Around the World — Oceania ...
Checking Out The Puffco Peak Pro
It's finally here - the most anticipated cannabis device of the year. The Puffco Peak Pro is an impressive upgrade on the original Peak, with a sleek new design and updated features. Check out our ...
Trying Edibles For The First Time?
Eating a treat infused with cannabis is a great way to catch a buzz and find relief. It does not require inhaling smoke or vapor, and offers a strong high that is perfect for any ...
California Cannabis Industry Association Announce Access To Banking For Members
CCIA Announces Exclusive Partnership with NBCU "CCIA Members will gain direct access to banking, overcoming a huge barrier for legal cannabis operators." SACRAMENTO – In 2017, CCIA, a state and federally registered nonprofit trade association, ...
Is Lab-Made THC The Future Of Cannabis?
HCN INVESTIGATES: Is Cannabis sativa the only source of cannabinoids? Learn why industry experts expect recombinant cannabinoids to come to the fore over the next few years. Photo: Technician handling a variety of cannabis vape ...
How To Use A Bong
It seems like there are over a million and one ways to consume cannabis nowadays. From dainty dabs to delicious dried fruit edibles, dosing THC, CBD, or one of the other lesser-known cannabinoids is a ...
What Happens If You Eat Raw Cannabis?
What Happens if You Eat Raw Cannabis? Have you ever seen an especially pretty cannabis bud and thought to yourself, “That looks good enough to eat!” Besides, who hasn’t experienced the one-of-a-kind deliciousness that comes ...
CBD and Psoriasis: What Does the Research Say?
According to the National Psoriasis Foundation, more than 125 million people around the globe suffer from this immune condition, making psoriasis one of the world’s most widespread diseases. Psoriasis didn’t become this prevalent because it’s ...
How Do Cannabis Topicals Work?
The number of methods to deliver cannabinoids to the body has been growing as of late, as the number of states legalizing cannabis continues to rise. Long gone are the days where people had to ...
How Did CBD Become The Second Most Popular Cannabinoid?
Summary: CBD history is littered with tales of triumphs and setbacks. Are you sure you know exactly how that bottle of CBD tincture ended up in your hand? Take a ride through time with us. ...
Extractor Next Leaf Solutions Wins More Cannabis Patents: 2nd Biggest Cannabis Patents
TORONTO – Nextleaf Solutions Ltd. a major cannabis extractor, announced that the Canadian Intellectual Property Office has granted the Company a patent for the acetylation of cannabinoids. The patent covers a process for acetylating cannabidiol/CBD, ...
What Are THC Gummies?
One of the most popular products on dispensary shelves today are THC gummies. Available in a variety of flavors and formulations, cannabis gummies consistently outsell other ingestibles. According to BDS Analytics, “During the first four ...
Cantor Fitzgerald Raises Aphria Price Targets: Sees CPG Angle In Move
TORONTO – Canadian Aphria (APHA) a leading cannabis company had its target price increased by the influential Cantor Fitzgerald. Cantor raised their target price of to C$26 from C$11.75 on Friday, to factor in its ...
Massachusetts City Moves To Decriminalize Psychedelic Plants And Mushrooms
SOMERVILLE, Mass. — The Massachusetts city of Somerville is joining many other similar towns across the U.S.A. that are decriminalizing psychedelic plants and mushrooms. The city council voted unanimously, nine to zero, on the resolution ...
Illinois Social Equity Applicants Wait For Promised Support
CHICAGO – Social Equity was a major component of Illinois legalization of cannabis. The state created a fund from the revenue to help those most impacted by the failed war on drug to legally operate ...
Can CBD Become A Safe Drug For Sports Athletes?
Summary: Is it safe for athletes to take CBD, and is this cannabinoid beneficial for athletic performance? Find answers to these questions and more in this guide. Top Athletes Who Use CBD Even among some ...
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 ...
