Legal Affairs
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
Government Relations at The Core
NEW YORK — In industries where business depends on regulation—such as cannabis, infrastructure, or fintech—navigating the policy environment is foundational. Laws, budget priorities, administrative procedures, and even decisions by local councils directly affect where companies ...
Politics & Policy with Jeff Guillot: The Architecture of Cannabis Regulatory Frameworks
FOR IMMEDIATE RELEASE NEW YORK — Highly Capitalized Network-HCN proudly announces the launch of a new original podcast, "Politics & Policy with Jeff Guillot," dedicated to politics, legislation, and the evolving cannabis industry landscape in ...
SNDL Reports Q1 2025 Earnings
LOS ANGELES- SNDL Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported net revenue of CAD $204.9 million, a 3.6% increase compared to the same period ...
Cybin CEO to Discuss Medical Innovation at Milken Institute Global Conference
LOS ANGELES- Cybin Inc. a neuropsychiatry company, announced that its Chief Executive Officer, Doug Drysdale, will participate in a panel discussion at the 28th Annual Milken Institute Global Conference. The panel, titled "The Global Landscape ...
Humboldt Family Farms: Terroir and Cannabis
The concept of terroir, traditionally rooted in French viticulture, refers to the unique set of environmental factors that influence the growth and characteristics of a crop. While usually associated with wine, the application of terroir ...
Texas Republicans Approve Total Ban on Hemp-Derived THC Products
DALLAS-In a sweeping move that could reshape Texas' booming hemp industry, the state House of Representatives has passed an amended version of Senate Bill 3 that bans all hemp products containing any form or amount ...
Analysis: Germany Legalized Cannabis. Now the Real Work Begins.
BERLIN-On April 1, 2024, Germany made history by legalizing adult-use cannabis. But legalization was only the first step. More than a year later, the rollout has exposed the complexities of implementing cannabis reform in a ...
New York Takes Bold Steps to Support Cannabis Cultivators
LOS ANGELES- In a significant move to bolster the burgeoning adult-use cannabis industry, the New York State Cannabis Control Board (CCB) has announced a series of initiatives aimed at aiding struggling farmers and expediting the ...
Bulls Take Charge: The Green Rush Revival in the Cannabis Market
NEW YORK- As the cannabis market flourishes, several companies have made significant strides, contributing to the sector's overall bullish sentiment, beyond the widely recognized giants. Focusing on a fresh set of companies, let's explore some ...
U.S. Legal Cannabis Market Forecasted to Surpass $31 Billion in Sales in 2024
LOS ANGELES- In a notable advancement for the cannabis industry, legal sales in the United States are forecasted to exceed $31 billion this year, according to an economic forecast from Whitney Economics, a consultancy specializing ...
PharmAla Biotech and Cortexa Supply GMP Psilocybin for Therapeutic Use in Australia
LOS ANGELES- PharmAla Biotech Holdings Inc., in collaboration with Cortexa Pty. Ltd., has achieved supplying Good Manufacturing Practice (GMP) Psilocybin for therapeutic use to a patient under the Australian authorized prescriber scheme, marking what the ...
Utah to Launch Psilocybin and MDMA Pilot Program for Behavioral Health Treatment
NEW YORK-Utah is set to introduce a pioneering pilot program that will allow select hospitals to administer psilocybin and MDMA to patients for behavioral health treatment starting in May, after Governor Spencer Cox opted to ...
Massachusetts Considers Legalizing Therapeutic Psychedelics
LOS ANGELES- Last week, the Massachusetts legislature's Special Joint Committee on Initiative Petitions convened a hearing to deliberate on a proposed initiative aiming to legalize the therapeutic use of natural psychedelics. The measure, which seeks ...
Week In Review: First Year of Legal Cannabis Sales Brings $1.1 Billion to Maryland; Nebraska Advocates Submit Over 114,000 Signatures for Medical Cannabis Campaign
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Minnesota’s Hemp-Derived THC Market Generates Over $10 Million in Taxes: Delaware Governor to Decide on Pathway for Medical Cannabis Companies to Enter Adult-Use Market:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Massachusetts Approves Historic Maritime Cannabis Transport; NCAA Removes Cannabis from Banned Substance List; Brazil Decriminalizes Cannabis; Maryland Launches Cannabis Workforce Development Program
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: California State Fair Introduces Cannabis Sales & Consumption Areas; Cannabis Legalization Yields >$20 Billion in Tax Revenue; New York Task Force Shuts Down Over 100 Illegal Cannabis Dispensaries in Three Weeks
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Canopy Growth to Fully Acquire Acreage Holdings in Strategic Expansion: California Reinvests Cannabis Tax Revenue to Support Communities: Vermont Medical Cannabis Patient Appeals Denial of Unemployment Benefits to State Supreme Court:
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Texas Poll Shows Majority Support for Cannabis Legalization; Federal Moves to Reclassify Cannabis: Missouri Allocates $19 Million in Cannabis Tax Revenue to Veterans, Treatment Programs, and Public Defense
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: U.S. Historic Policy Shift on Cannabis; Canopy Growth Raises $50 Million; Thailand Steps Back from Legalization; Canada Exports Boom
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: New York Faces Challenges with Illicit Cannabis Shops: New Hampshire Senate Committee Approves Cannabis Legalization Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: DEA Reschedules Cannabis At Last; Schumer Reintroduces CAOA; Georgia Governor Enacts New Hemp Law; Minnesota Updates Cannabis Laws
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: MedMen Winds Up Wound Up; U.S. & State Legislators Address Diverse Cannabis-Related Issues; Study Finds THC Increases Survival Time in Palliative Patients; Dutchie Falls Over on 420…Again
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, well...they're not doing so well (hello New York). Let's ...
Week In Review: Kentucky Advances Medical Cannabis Licensing Schedule; Massachusetts Dispenses Social Equity Grants; California Advances Psychedelics Bill
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Vangst Acquire CannabizTeam; Washington D.C. Enhances Medical Cannabis Regs; Petalfast Acquires Flow Distribution; Canadian Cannabis Sales Dip; DEA Plan Hearing on Psychedelics
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s a tale of two markets with some states doing amazingly well. And some, not so well. Let's get to it! Cannabis Industry ...
Week In Review: Florida Supreme Court Greenlights Adult Use; Virginia Governor Vetoes Cannabis Legalization Bill; Colombia’s Medical Cannabis Exports Surge to $10.8 Million Amid Regulatory Enhancements
LOS ANGELES–Welcome to the far too-exciting world of cannabis and psychedelics, where it’s earnings season with updates from some of the leading MSOs outlined below, along with a helping of innovations and financial insights from ...
New York State Advances Cannabis Industry with License Expansion and Financial Support
NEW YORK — In a significant move aimed at bolstering the burgeoning cannabis industry in New York, the Cannabis Control Board voted last week to significantly expand the market's infrastructure by awarding licenses to 114 ...
Schumer Amplifies Push for Cannabis Banking Reform Through Public Petition
NEW YORK- Senate Majority Leader Chuck Schumer (D-NY) is intensifying efforts to advance the Secure and Fair Enforcement (SAFER) Banking Act, employing a public petition to highlight the critical need for banking access for cannabis ...
Expert Panel Recommends Pharmacy Access and Tax Reforms for Canada’s Cannabis Sector
LOS ANGELES- An expert panel appointed by the government to review Canada's Cannabis Act has proposed several key changes aimed at refining the nation’s adult-use legalization framework. After 18 months of deliberation, the panel released ...
Curaleaf Expands Global Reach with Acquisition of Canadian Cannabis Operator
LOS ANGELES- Curaleaf Holdings, a figure in the cannabis industry, is advancing its international presence through the acquisition of Northern Green Canada, a licensed cannabis producer that specializes in the import-export market. This move, the ...
IRS Guidance Signals Potential Shift in Federal Approach to Cannabis Industry Cash Transactions
NEW YORK- In a move that may herald a more accommodating stance by federal agencies towards the burgeoning cannabis industry, the Internal Revenue Service (IRS) recently issued a memo that could significantly alter the financial ...
U.S. Treasury Secretary Reaffirms Support for Cannabis Banking Legislation
LOS ANGELES- In a significant development from Washington, U.S. Treasury Secretary Janet Yellen has once again vocalized her backing for critical cannabis banking legislation, emphasizing the urgency of resolving financial barriers faced by state-regulated cannabis ...
