Legal Affairs
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and ...
Federal Court Invalidates Oregon’s Cannabis Labor Neutrality Law
LOS ANGELES- A federal judge has ruled that Oregon's Measure 119, which mandated labor neutrality agreements for cannabis businesses, is unconstitutional. The decision impacts the regulatory landscape for the state's cannabis industry. Measure 119, approved ...
Consumers Pay Premium for Fast-Acting Cannabis Edibles
LOS ANGELES- A recent industry analysis reveals that cannabis consumers are increasingly favoring fast-acting edible products, demonstrating a willingness to pay higher prices for quicker onset effects. The 2025 Edibles Premiumization Report, conducted by cannabis ...
Pennsylvania Senate Committee Rejects Cannabis Legalization Bill
LOS ANGELES- In a recent development, the Pennsylvania Senate Law and Justice Committee voted 7-3 against House Bill 1200, a proposal aimed at legalizing adult-use cannabis in the state. This decision follows the bill's narrow ...
Humboldt Family Farms: The Science of Natural Light
In the lush tapestry of cannabis cultivation, the sun shines like a master artist, painting each plant with strokes of light that define its essence. The embrace of natural sunlight not only stimulates the growth ...
atai Life Sciences Initiates Phase 2 Trial of EMP-01 for Social Anxiety Disorder
LOS ANGELES- atai Life Sciences has commenced a Phase 2 clinical trial evaluating EMP-01, an oral formulation of R-3,4-methylenedioxy-methamphetamine (R-MDMA), for the treatment of social anxiety disorder (SAD). The first patient has been dosed in ...
Village Farms International Reports Q1 2025
LOS ANGELES- Village Farms International Inc. has announced its financial results for the first quarter of 2025, highlighting a strategic pivot towards its cannabis operations and the privatization of certain fresh produce assets. For the ...
MindMed Appoints Brandi Roberts as Chief Financial Officer
LOS ANGELES- Mind Medicine has announced the appointment of Brandi L. Roberts, CPA, as its Chief Financial Officer, effective June 2, 2025. Roberts will oversee the company's financial strategy, capital planning, accounting, investor relations, and ...
Federal Court Invalidates Oregon’s Cannabis Labor Neutrality Law
LOS ANGELES- A federal judge has ruled that Oregon's Measure 119, which mandated labor neutrality agreements for cannabis businesses, is unconstitutional. The decision impacts the regulatory landscape for the state's cannabis industry. Measure 119, approved ...
Consumers Pay Premium for Fast-Acting Cannabis Edibles
LOS ANGELES- A recent industry analysis reveals that cannabis consumers are increasingly favoring fast-acting edible products, demonstrating a willingness to pay higher prices for quicker onset effects. The 2025 Edibles Premiumization Report, conducted by cannabis ...
Massachusetts Lawmakers Postpone Intoxicating Hemp Regulation to 2025
LOS ANGELES- Massachusetts lawmakers have announced that legislation to regulate intoxicating hemp products will not be completed before the end of the current legislative session next month. Despite the pressing need for regulation, the bill ...
New York Advances Cannabis Regulation Amid Enforcement Challenges
NEW YORK- New York has made notable progress in cannabis regulation, introducing new rules that allow adults to cultivate plants for personal use. This development is part of the state’s broader strategy to foster a ...
Filament Health Completes C$1.0 Million Bridge Financing
LOS ANGELES- Filament Health Corp., a natural psychedelic drug development company, announced the completion of its C$1.0 million bridge financing. This follows the company's press release from June 3, 2024. Negev Capital Fund One, LP ...
California Cannabis Retailers Could Soon Diversify Offerings with New Bill
LOS ANGELES- A new bill proposed by Assemblymember Matt Haney seeks to assist California's cannabis retailers in diversifying their revenue streams. This legislation would allow these businesses to sell non-cannabis food and non-alcoholic beverages and ...
Minnesota Cannabis: State Announces Automatic Expungements of 57,780 Criminal Records
ST. PAUL, Minn. — Criminal history records that qualify for automatic expungement under the Adult-Use Cannabis Act are no longer visible to the public in the Minnesota Criminal History System (CHS). The Minnesota Department of Public Safety ...
California Bill Proposes Psilocybin Therapy Pilot Program for Veterans and First Responders
LOS ANGELES- A psilocybin therapy bill introduced by California Senators Brian W. Jones and Josh Becker on June 6 seeks to establish a three-year pilot program for military veterans and first responders. Senate Bill 803, ...
Vermont Cannabis Sales Reach $10.94 Million in April
LOS ANGELES- According to the Vermont Department of Taxes, legal cannabis sales in April totaled $10.94 million, contributing to a yearly total of approximately $45 million. Cannabis sales generated $1.53 million in tax revenue for ...
Mary Jane Berlin 2024: Epicenter of European Cannabis Culture and Innovation
BERLIN—This week, Berlin is hosting one of the most anticipated events in the cannabis industry: Mary Jane Berlin. From June 14 to June 16, the sprawling Arena Berlin will transform into a vibrant hub for ...
Ohio’s Cannabis Law Faces Varied Municipal Responses
LOS ANGELES- Ohio's cannabis law permits individuals aged 21 and older to possess up to 2.5 ounces of cannabis and up to 15 grams of cannabis concentrates. Additionally, residents can cultivate up to six cannabis ...
Eastern Band of Cherokee Indians Approve Recreational Cannabis Sales
LOS ANGELES- Recreational cannabis may soon become a reality in North Carolina following a decision by the Eastern Band of Cherokee Indians (EBCI). This move could significantly transform the state’s cannabis landscape. While North Carolina ...
Vermont Cannabis Bill H.612 Passes Without Governor’s Signature
LOS ANGELES- Vermont Governor Phil Scott allowed cannabis bill H.612 to become law without his signature, marking significant regulatory changes to the state's cannabis landscape. The bill, which aims to improve regulations surrounding cannabis and ...
Optimi Health Corp. Announces Major Milestones in International Psychedelic Supply Operations
LOS ANGELES- Optimi Health Corp, a Health Canada licensed GMP psychedelics pharmaceutical manufacturer specializing in controlled substances such as botanical psilocybin and MDMA, has announced several significant milestones in its international psychedelic supply operations and ...
Agrify Strengthens Financial Position with Key Debt Conversions
Agrify, a provider of indoor agriculture technology and solutions, has strengthened its financial standing through significant debt conversions by key entities controlled by its top executives. This strategic move enables the company to retain its ...
Mississippi Expands Medical Cannabis Program and Research Capabilities
LOS ANGELES- In 2022, Mississippi passed a restrictive medical cannabis program. Two new bills aimed at enhancing patient access to cannabis care and expanding research capabilities will take effect on July 1. Senate Bill 2857: ...
New Hampshire Lawmakers Near Compromise on Adult-Use Cannabis Legalization
LOS ANGELES- New Hampshire lawmakers in the House and Senate are reportedly close to reaching a compromise on a cannabis legalization bill, according to the New Hampshire Bulletin. With the legislative session ending on Thursday, ...
Proposed Amendments to Cannabis Law in Canada Aim to Ease Regulatory Burden
LOS ANGELES- The Canadian government has proposed a series of amendments to federal cannabis regulations to alleviate some of the regulatory burdens faced by producers and distribution companies. These changes aim to streamline processes ranging ...
Nebraska Advocates Push for Medical Cannabis Initiative Signatures
LOS ANGELES- Nebraskan advocates are urgently working to collect signatures for their medical cannabis initiative to be included on this year’s ballot. The advocacy group Nebraska for Medical Marijuana (NMM) is appealing to supporters to ...
Florida Governor Vetoes Hemp Regulations Package
NEW YORK- Florida Governor Ron DeSantis vetoed a legislative package aimed at banning products containing hemp-derived delta-8 THC and other intoxicating cannabinoids, according to CBS News. The vetoed legislation, Senate Bill 1698, sought to regulate ...
Michigan Surpasses California in Legal Cannabis Sales
LOS ANGELES- In an unexpected development within the cannabis industry, Michigan has overtaken California in the number of legal cannabis products sold. This shift, initially reported by SF Gate, marks a significant change in market ...
THCA Hemp Flower Prices Maintain Parity with Cannabis in Several States
LOS ANGELES- A new report by Hemp Benchmarks, shared with Green Market Report, indicates that wholesale prices for THCA hemp flower have maintained parity with cannabis in several regulated adult-use state markets, positioning it as ...
Michigan Surpasses California in Monthly Cannabis Sales for First Time
LOS ANGELES- Michigan sold more cannabis products in March this year than any other state, surpassing California for the first time in monthly sales, according to BDSA data outlined in an SF Gate report. Michigan ...
Rhode Island Launches Free Cannabis Industry Training Program
LOS ANGELES- The Rhode Island Department of Labor, in collaboration with the Community College of Rhode Island (CCRI), will offer a free cannabis training program to a select group of students. This initiative aims to ...
California Reinvests Cannabis Tax Revenue to Support Communities
LOS ANGELES- The California Community Reinvestment Grants (CalCRG) Program has announced over $45 million in grants for Fiscal Year 2023-24, aiming to uplift communities impacted by the War on Drugs. This initiative represents a significant ...
South Dakota Adult-Use Cannabis Initiative to Appear on 2024 Ballot
NEW YORK- South Dakota voters will have another opportunity to decide on the legalization of adult-use cannabis. Initiated Measure 29, which aims to legalize the recreational use, possession, and distribution of cannabis, will be on ...
Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion
LOS ANGELES- Canadian cannabis company Canopy Growth has agreed to acquire all issued and outstanding Class E shares of Acreage Holdings, a U.S.-based multistate cannabis operator. This acquisition is part of Canopy's broader strategy to ...
