Legal Affairs
Winners and Losers in Cannabis: The Efficiency Divide
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Highly Capitalized Network Launches “Battle of the Brands” — A New Show Redefining Cannabis Marketing Conversations
LOS ANGELES— Highly Capitalized Network (HCN), a leading business and financial media platform for Cannabis, today announced the launch of its newest original series: Battle of the Brands. This new podcast series brings together some ...
Curaleaf Gains Entry to S&P/TSX Composite Index, Today Officially
TORONTO – Today, Curaleaf Holdings Inc. officially joined the S&P/TSX Composite Index, becoming the first U.S.-based Cannabis company to achieve this status. The addition, effective before the market open and following a two-week set period, ...
Opinion: Rolling Toward a Greener Future: The Case for Industrial Hemp Toilet Paper
LOS ANGELES–When most people think about sustainability, they imagine renewable energy, electric cars, or organic farming. I don’t know many who stop to consider the humble roll of toilet paper. But TP production has a ...
Trulieve Opens Dispensary in Cincinnati, Strengthening Ohio Market Position
TALLAHASSEE – Trulieve Cannabis Corp., a major multi-state Cannabis operator, has launched its first dispensary in Cincinnati, marking the company's 7th location in Ohio and its 238th nationwide. The facility stocks a range of Trulieve's ...
Jushi Sues Pennsylvania Retailers Over Unregulated Hemp-Derived THC Products
PHILADELPHIA – Jushi Holdings Inc. has initiated legal action against 10 hemp companies in Pennsylvania, alleging they sell intoxicating products disguised as legal hemp that violate state laws and erode profits for licensed operators. The complaint, ...
STUDY: Cannabis Consumers Engage in Greater Levels of Physical Exercise
OKLAHOMA CITY–Middle-aged adults are more likely to engage in physical activities on days when they also consume cannabis, according to data published in the journal Addictive Behaviors. Researchers affiliated with the University of Oklahoma assessed the relationship between cannabis use ...
Winners and Losers in Cannabis: The Efficiency Divide
LOS ANGELES — The U.S. Cannabis industry is evolving—but not in the way headlines suggest. Yes, national retail sales remain strong at a $32 billion annualized pace. And yes, states like New York and Ohio ...
Highly Capitalized Network Launches “Battle of the Brands” — A New Show Redefining Cannabis Marketing Conversations
LOS ANGELES— Highly Capitalized Network (HCN), a leading business and financial media platform for Cannabis, today announced the launch of its newest original series: Battle of the Brands. This new podcast series brings together some ...
Curaleaf Gains Entry to S&P/TSX Composite Index, Today Officially
TORONTO – Today, Curaleaf Holdings Inc. officially joined the S&P/TSX Composite Index, becoming the first U.S.-based Cannabis company to achieve this status. The addition, effective before the market open and following a two-week set period, ...
Study Highlights Psilocybin’s Significant Impact on Brain Function and Potential Therapeutic Uses
LOS ANGELES- A recent small randomized controlled trial has revealed that a single high dose of psilocybin induces significant and persistent changes in brain functional networks in healthy adults. The findings, published in Nature, provide ...
Medical Cannabis: Growth and Investment in 2024
LOS ANGELES- The medical cannabis industry is navigating 2024 with key players like Grow Group and Somai Pharmaceuticals leveraging new regulations and market dynamics to achieve ambitious growth targets. This article examines the recent developments ...
FDA and FTC Target Delta-8 THC Edibles Resembling Popular Snacks
LOS ANGELES- The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) are taking action against companies selling delta-8 THC edibles packaged to resemble popular snacks, often marketed towards children. Delta-8 THC is ...
Numinus Wellness: Financial Challenges and Strategic Growth in Mental Health Care
LOS ANGELES- Numinus Wellness is at the forefront of transforming mental health care, focusing on innovative treatments, strategic mergers, and operational refinements. This article delves into the market trends, financial performance, and strategic initiatives shaping ...
Constellation Brands: Analysts Maintain Ratings
LOS ANGELES- On Monday, Argus reaffirmed its Buy rating on shares of Constellation Brands (NYSE: STZ), maintaining a price target of $306.00. Argus notes the stock's value, currently trading at 18 times the firm's fiscal ...
Canopy Growth Experiences Decline in Short Interest Amid Market Activity
LOS ANGELES- Canopy Growth Co. saw a significant decrease in short interest in June. As of June 30, short interest totaled 8,730,000 shares, a 20.7% decline from 11,010,000 shares on June 15. With an average ...
Snoop Dogg Launches First Licensed Cannabis Dispensary and Product Line
LOS ANGELES- Snoop Dogg has launched his first licensed cannabis dispensary, S.W.E.D., and an exclusive product line under the Death Row Cannabis brand. The shop, located near LAX airport in Los Angeles, opened on July ...
GOP-Led House Committee Approves Spending Bill Blocking Cannabis Rescheduling
LOS ANGELES- A key Republican-led House committee has approved a large-scale spending bill that would block the Justice Department from rescheduling cannabis. Additionally, the bill amends a longstanding rider protecting medical cannabis states from federal ...
Critics Slam Thai Government’s Approach to Cannabis
LOS ANGELES- Critics have strongly opposed the Thai government's plan to reclassify cannabis as a narcotic, arguing that it will harm businesses involved in cannabis-based products and undermine investor confidence in the country. On July ...
NHS Reimburses Cannabis for Chemotherapy-Induced Nausea and Vomiting
NEW YORK- The National Health Service (NHS) England has reimbursed a patient for the cost of medicinal cannabis flowers to manage chemotherapy-induced nausea and vomiting (CINV). Michael Roberts, diagnosed with rectosigmoid adenocarcinoma and lung metastases, ...
Constellation Brands: Analysts Maintain Ratings
LOS ANGELES- On Monday, Argus reaffirmed its Buy rating on shares of Constellation Brands, maintaining a price target of $306.00. Argus notes the stock's value, currently trading at 18 times the firm's fiscal year 2025 ...
Canopy Growth Corporation Stock Performance and Upcoming Earnings Report
LOS ANGELES- In the latest market close, Canopy Growth Corporation (CGC) reached $6.50, marking a +0.31% increase compared to the previous day. This performance was below the S&P 500's daily gain of 0.55%. Meanwhile, the ...
Aurora Cannabis Submits Regular SEC Filing and Reports
LOS ANGELES- Aurora Cannabis Inc. a the medicinal chemicals and botanical products industry, has filed a Form 6-K report with the U.S. Securities and Exchange Commission (SEC) for July. The Edmonton, Alberta-based company submitted this ...
Medical Cannabis Industry Demonstrates Strong Economic Contributions and Market Trends
LOS ANGELES- The medical cannabis landscape continues to evolve, demonstrating significant economic contributions and offering vital insights into market trends. In 2024, data from licensed dispensaries and cultivation centers highlight robust retail and wholesale activities, ...
Senate Appropriations Committee Approves VA Doctors’ Cannabis Recommendation Amendment
LOS ANGELES- The Senate Appropriations Committee has passed a measure allowing U.S. Department of Veterans Affairs (VA) doctors to discuss and recommend medical cannabis to patients residing in states where it is legal. This amendment, ...
Arrogance in Business: A Cautionary Tale from Nokia’s Fall
NEW YORK--In the dynamic world of business, arrogance often precedes downfall. This truth is vividly illustrated in the rise and fall of Nokia, once a titan in the mobile phone industry. Years ago, during a ...
House Appropriations Committee Blocks Cannabis Rescheduling Efforts
LOS ANGELES- The House Appropriations Committee approved legislation on Tuesday that impedes the Biden administration's initiative to reschedule cannabis and relax federal restrictions. The Republican-led panel endorsed an amendment to a funding bill that prevents ...
Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES- Nebraska cannabis advocates have turned in more than 114,000 signatures for their petition to legalize medical cannabis in the state, according to the Nebraska Examiner. The campaign, led by Nebraskans for Medical Marijuana, ...
Stockton University to Offer New Undergraduate Degree in Cannabis Studies
LOS ANGELES- Stockton University in New Jersey is set to become the first school in the state to offer an undergraduate degree in cannabis studies. The Bachelor of Science in Hemp and Cannabis Business Management ...
Thailand’s Cannabis Advocates Rally Against Proposed Recreational Use Ban
BANGKOK — Two years after cannabis was decriminalized in Thailand, nearly a hundred advocates marched to the prime minister’s office on Monday to protest a possible ban on general use. This comes after the health ...
Arkansas Advocates Submit Over 111,000 Signatures for Medical Cannabis Expansion Initiative
LOS ANGELES- Arkansas advocates have submitted more than 111,000 signatures to support a ballot initiative aimed at significantly expanding the state's medical cannabis program. This initiative includes provisions to eliminate application fees for patients and ...
First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland
LOS ANGELES- Maryland's combined medical and adult-use retail cannabis sales have exceeded $1.1 billion in the first 12 months following legalization, Governor Wes Moore announced Wednesday. According to the Maryland Cannabis Administration, monthly retail sales ...
Florida Poll Shows Strong Support for Adult-Use Cannabis Legalization
LOS ANGELES- A new poll indicates that Florida’s constitutional amendment for the legalization of adult-use cannabis has garnered support from 64% of voters, surpassing the 60% threshold required for passage, as reported by Florida Politics. ...
Silo Pharma Secures Exclusive License for PTSD Treatment Development
LOS ANGELES- Silo Pharma, Inc. a developmental stage biopharmaceutical company, has announced an exclusive global license agreement with Columbia University to develop, manufacture, and commercialize its lead drug candidate, SPC-15. This intranasal treatment targets stress-induced ...
Minnesota Brewery Offers Hemp-Infused THC Drinks on Tap
LOS ANGELES- Minneapolis-based Headflyer Brewing has begun offering hemp-derived, THC-infused beverages on tap under a new state regulation that took effect July 1. Hemp-Infused THC Drinks Now Available On Tap Headflyer Brewing in northeast Minneapolis ...
