Legal Affairs
Case Study: Grupo Flor: A Cannabis Turnaround Driven by Strategic Focus
SALINAS- When Mark Collins joined Grupo Flor as Chief Financial Officer, the California-based vertically integrated Cannabis company was in severe financial and operational distress. The business held multiple licenses across retail, cultivation, manufacturing, and distribution—far ...
Cannabis Stocks Rally as U.S. Rescheduling Debate Heats Up
LOS ANGELES — For the first time in more than a year, cannabis stocks are enjoying a sustained rally. Exchange-traded funds focused on the sector have climbed sharply in recent weeks, and several of the ...
Did Psilocybin Arrive From Outer Space? New Genomic Study Opens the Door to a Cosmic Possibility
LOS ANGELES — The psychedelic compound psilocybin has long intrigued researchers for its potential to treat mental health conditions, but a groundbreaking study is now shedding new light on where these mushrooms came from—and it’s ...
4/20 Cannabis Price Wars: How a Cultural Milestone Became a Cautionary Tale
LOS ANGELES- Once a day to honor cannabis culture, April 20th—aka 4/20—has increasingly become a flashpoint in the cannabis industry’s struggle for survival. What began as a grassroots celebration has devolved, in many markets, into ...
Montana Legislature Approves Bill to Tighten Cannabis Product Regulations
LOS ANGELES— The Montana Legislature has passed House Bill 636, introducing new restrictions on cannabis products. The Senate approved the bill with a 37–12 vote, following the House's 84–15 approval last month. House Bill ...
Kansas Governor Renews Call for Medical Cannabis Legalization
LOS ANGELES- Governor Laura Kelly has reiterated her support for legalizing medical cannabis in Kansas, urging lawmakers to advance legislation that would establish a regulated program for patients with qualifying medical conditions. Despite previous efforts, ...
Consolidation, Capital, and the Climb: Tracking U.S. Cannabis M&A and Investment Trends
NEW YORK –The U.S. cannabis industry has experienced major shifts in merger and acquisition (M&A) activity over the past year, reflecting broader trends of consolidation and strategic realignment. According to Viridian Capital Advisors, the Cultivation ...
Case Study: Grupo Flor: A Cannabis Turnaround Driven by Strategic Focus
SALINAS- When Mark Collins joined Grupo Flor as Chief Financial Officer, the California-based vertically integrated Cannabis company was in severe financial and operational distress. The business held multiple licenses across retail, cultivation, manufacturing, and distribution—far ...
Cannabis Stocks Rally as U.S. Rescheduling Debate Heats Up
LOS ANGELES — For the first time in more than a year, cannabis stocks are enjoying a sustained rally. Exchange-traded funds focused on the sector have climbed sharply in recent weeks, and several of the ...
Did Psilocybin Arrive From Outer Space? New Genomic Study Opens the Door to a Cosmic Possibility
LOS ANGELES — The psychedelic compound psilocybin has long intrigued researchers for its potential to treat mental health conditions, but a groundbreaking study is now shedding new light on where these mushrooms came from—and it’s ...
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 ...
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 ...
