Legal Affairs
Delaware Announced the Launch Date for Legal Cannabis Sales
LOS ANGELES – The First State is about to make ...
The Role of Government Relations in Cannabis Industry Success
NEW YORK — In highly regulated industries, success depends not ...
Government Relations at The Core
NEW YORK — In industries where business depends on regulation—such ...
Compass Completes FDA Application for COMP360
LONDON / JERSEY CITY – Compass Pathways announced it has completed its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for COMP360, a synthetic psilocybin formulation, for treatment-resistant depression (TRD). If ...
Vireo Growth Reports Q3 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. reported third-quarter revenue of $253.7 million, up 177% from $91.7 million a year earlier. Acquisitions drove the increase. Cannabis sales reached $198.1 million, and an agricultural supply business the company ...
Vireo Completes FLUENT Acquisition
MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of FLUENT Corp., absorbing the vertically integrated multi-state Cannabis operator through a court-approved arrangement. Under the final terms, Vireo acquired all issued and outstanding common shares ...
Vireo Completes FLUENT Acquisition
MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of FLUENT Corp., absorbing the vertically integrated multi-state Cannabis operator through a court-approved arrangement. Under the final terms, Vireo acquired all issued and outstanding common shares ...
Village Farms Reports Q3 2026 Financial Results
VANCOUVER – Village Farms International Inc. reported record Cannabis revenue of $55 million for the third quarter, up 3% from a year earlier. The company generated consolidated sales of $66.9 million for the three months ...
Cresco Labs Reports Q3 2026 Financial Results
CHICAGO – Cresco Labs Inc. announced third-quarter net revenue of $173 million, a 5% increase from the $165 million recorded during the same period last year and roughly unchanged from the second quarter. Retail sales ...
Canopy Growth Reports Q2 Fiscal 2027 Financial Results
SMITHS FALLS – Canopy Growth Corp. reported consolidated net revenue of CA$81.4 million for its fiscal second-quarter financial results ended September 30, 2026, up 22% from a year earlier. International Cannabis led the gain. Sales ...
Compass Completes FDA Application for COMP360
LONDON / JERSEY CITY – Compass Pathways announced it has completed its New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for COMP360, a synthetic psilocybin formulation, for treatment-resistant depression (TRD). If ...
Vireo Growth Reports Q3 2026 Financial Results
MINNEAPOLIS – Vireo Growth Inc. reported third-quarter revenue of $253.7 million, up 177% from $91.7 million a year earlier. Acquisitions drove the increase. Cannabis sales reached $198.1 million, and an agricultural supply business the company ...
Vireo Completes FLUENT Acquisition
MINNEAPOLIS – Vireo Growth Inc. has closed its acquisition of FLUENT Corp., absorbing the vertically integrated multi-state Cannabis operator through a court-approved arrangement. Under the final terms, Vireo acquired all issued and outstanding common shares ...
North Carolina Voters Overwhelmingly Support Cannabis Legalization
RALEIGH – A SurveyUSA poll found that nearly three-quarters of North Carolina adults support legalizing medical Cannabis, while a clear majority backs adult-use reform as well. The survey covered 900 registered voters with a credibility ...
The Emerging ”Export Bridge” Between Canadian Cannabis and European Medicine
LOS ANGELES- Canada has no shortage of cannabis. Europe has no shortage of demand. The difficult part is connecting the two through a pharmaceutical supply chain that can satisfy regulators, protect product quality and deliver ...
Rubicon Secures Strategic Capital to Upgrade Pacifica Facility
VANCOUVER – Rubicon Organics Inc. has closed a non-brokered strategic private placement with Siwash Rock Investments, Inc. Under the terms of the transaction, Siwash Rock Investments acquired 6,666,667 common shares at $0.45 per share, yielding ...
Curaleaf Accuses Aurora of Locking Out Its Highest Bidder
STAMFORD – Curaleaf Holdings Inc. came out swinging Monday morning, publicly challenging Aurora Cannabis's latest recommendation that shareholders REJECT its enhanced takeover proposal. In a statement, outlined in the official press release, Curaleaf Chairman and ...
Seed Junky Partners with Trulieve to Bring Premium Genetics to Pennsylvania
LOS ANGELES – Seed Junky Genetics announced the expansion, confirming a new exclusive licensing agreement that covers Pennsylvania. The companies had already collaborated in Florida for several years. Under the updated terms, Trulieve Cannabis Corp. ...
Pre-Rolls and Multipacks Gain Momentum Across the US, BDSA Finds
LOUISVILLE – According to BDSA's latest retail tracking, U.S. pre-roll sales reached $4.4 billion over the 12 months ending July 2026, up 13% year over year, outpacing vape (up 6%) and flower by a wider ...
Cronos Closes Dutch Cannabis Deal, Claims European Market Lead
TORONTO – Cronos Group Inc. completed the acquisition of CanAdelaar B.V., securing the undisputed market-share leader inside the Dutch Wietexperiment – a government-designed, closed-loop Cannabis supply pilot. The base purchase price stands at €57.5 million ...
Aurora Cannabis Stands Its Ground as Curaleaf’s Sweetened Bid Falls Short
EDMONTON – Aurora Cannabis Inc. confirmed that its board, acting unanimously on the recommendation of its Special Committee of independent directors, is advising shareholders to REJECT the revised hostile takeover offer from Curaleaf Holdings Inc. ...
A $31.8 Million Cannabis Verdict Vanished in Federal Court. Some California Harvest Contracts Could Face the Same Test
LOS ANGELES- A licensed Michigan grower contracted to sell its harvest to a Curaleaf subsidiary, grew product that passed testing, and watched the buyer refuse further deliveries when prices fell. A jury awarded the grower ...
Khalifa Kush Enters NY Legal Market in Skyworld Cannabis Deal
LOS ANGELES – Khalifa Kush announced that Skyworld Cannabis will handle the brand's cultivation and distribution within the state. Products are scheduled to reach shelves beginning October 31. The initial lineup includes two strains, KK ...
Glass House Brands Achieves GACP Certification for California Farms
LONG BEACH – Glass House Brands Inc. has secured third-party certification under the PJRFSI Cannabis Safety Standard for Good Agricultural and Collection Practice (GACP) across its primary Southern California cultivation infrastructure. The certification confirms the ...
Compass Builds a Commercial Case for COMP360
NEW YORK – Compass Pathways is advancing COMP360, its proprietary synthetic psilocybin for treatment-resistant depression (TRD), through a rolling FDA New Drug Application, with a commercial launch targeted for H1 2027. Alongside the regulatory push, ...
Illinois Legal Cannabis Sales Hit New Highs While Tax Revenues Drop
SPRINGFIELD – When Illinois released its annual Cannabis report this month, the numbers looked troubling on the surface. Total reported retail sales dropped to about $1.5 billion in fiscal year 2026, down from nearly $2 ...
Cantourage Locks In Green Karat as EU-GMP Certified Supplier
BERLIN – Cantourage Group SE has announced an expanded supply agreement with Canadian craft producer Green Karat, following the company's receipt of EU-GMP certification, effective October 1, 2026. Under the arrangement, Cantourage serves as Green ...
Dutch Medical Cannabis Giant Bedrocan Goes Bankrupt
GRONINGEN – The District Court of Northern Netherlands officially declared Bedrocan bankrupt, after the company sought a suspension of payments in late September, ending a more than two-decade run as the country's sole licensed medical ...
PharmAla Biotech and Rua Bioscience Partner to Supply Medicinal MDMA to New Zealand
TORONTO - TAIRĀWHITI – PharmAla Biotech and Rua Bioscience announced they have signed a distribution and licensing agreement under which Rua will import, distribute, and sell PharmAla’s pharmaceutical-grade LaNeo™ MDMA capsules to authorized prescribers (APs) ...
Decibel Partners with Hilltop Leaf to Scale Medical Cannabis in UK
CALGARY – Decibel Cannabis Co. Inc. announced it has signed a brand licensing agreement with UK-based Hilltop Leaf Ltd., granting the pharmaceutical cannabinoid company a limited license to distribute its General Admission and Standard Issue ...
Aurora Rebrands German EU-GMP Production Hub, Doubles Flower Output
EDMONTON – Aurora Cannabis Inc. announced the completion of a major expansion at its EU-GMP manufacturing facility in Leuna, Germany. The company is projecting annual flower output at the site to more than double as ...
Tilray Brands Reports Fiscal Q1 2027 Financial Results
NEW YORK - LONDON – Tilray Brands Inc. reported that net revenue for the three months ended August 31, 2026, climbed 23% year-over-year to $257.1 million, setting a new record for the company's opening fiscal ...
DEA Opens Schedule III Registration Path for Medical Cannabis Operators
WASHINGTON – The Drug Enforcement Administration’s Diversion Control Division has launched the application process, making DEA Form 225 available to state-licensed medical Cannabis manufacturers, distributors, and analytical labs. Manufacturers cover cultivation, production, processing, packaging, labeling ...
LA Gives Delinquent Cannabis Operators One More Year
LOS ANGELES – The Los Angeles City Council voted Tuesday to delay tax-compliance restrictions that would have blocked more than 100 Cannabis businesses from renewing their licenses at year's end. The decision came down to ...
Trulieve Retires Florida Cultivation Mortgage Ahead of Schedule
TALLAHASSEE – Trulieve Cannabis Corp. announced the full early repayment of mortgage notes secured by a cultivation facility in Jefferson County, Florida, bringing total outstanding debt down to approximately $225 million, according to the company's ...
Cannara and Curaleaf Strengthen Ties Across Global Cannabis Supply Chain
MONTREAL – Cannara Biotech Inc. has broadened its long-term supply agreement with Curaleaf International Limited, raising the contract's potential aggregate value to roughly CA$34 million across its two-year term. The original deal, first disclosed in ...
Week in Review: Cannabis & Psychedelics Industry Highlights
LOS ANGELES – Something shifted last fortnight, and the numbers show it. A cross-border acquisition fight is escalating in public and raising its own price, with hundreds of millions of dollars and an entire European ...
Should You Stay in the Cannabis Industry—or Should You Leave?
SAN DIEGO -My friend Annie Starr, a Harvard MBA, and a marketer I admire, recently left the Cannabis industry, and I thought it was a shame to see someone of her talent go. But as ...
