Legal Affairs
OCHBS: From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
Jushi Reports Q2 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. released its second-quarter 2026 financial results, posting revenue of $71.3 million, a 10% year-over-year gain, with growth spread across both the retail and wholesale channels. The wholesale segment set ...
Glass House Brands Applies for NYSE Uplisting
LONG BEACH – Glass House Brands Inc., a vertically integrated Cannabis company concentrated in California, announced it has applied to list its subordinate voting shares on the New York Stock Exchange. The filing is among ...
Virginia Governor and Lawmakers Announce Agreement on Legal Cannabis Sales
RICHMOND – Governor Abigail Spanberger, State Senator Lashrecse Aird (D), and Delegate Paul Krizek (D), announced they had reached a compromise to establish a legal, regulated retail cannabis market. This marks the culmination of a ...
Splash Beverage Group Completes Strategic Investment in Avicanna, Transforms into Cannabinoid Healthcare
FORT LAUDERDALE – Splash Beverage Group Inc. announced the completion of a CDN$300,000 (~USD$217,479) minority investment in Avicanna Inc., a commercial-stage international biopharmaceutical company headquartered in Toronto, Canada. The transaction involved Splash acquiring 2,000,000 common ...
Canopy Growth Reports Q4 and FY 2026 Financial Results
SMITHS FALLS – Canopy Growth Corp. reported consolidated net revenue of $71.2 million for the quarter, up 10% from the prior year. For the full fiscal year, net revenue reached $284.6 million, a 6% increase ...
OCHBS: From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
From Music to Cannabis: Building Ohio’s Largest Cannabis Conference: Profile: Lenny Berry
Lenny Berry is the Founder and CEO of the Ohio Cannabis Health & Business Summit (OCHBS), one of the Midwest's leading Cannabis conferences. A longtime entrepreneur and former music industry executive, he founded OCHBS in ...
Jushi Reports Q2 2026 Financial Results
BOCA RATON – Jushi Holdings Inc. released its second-quarter 2026 financial results, posting revenue of $71.3 million, a 10% year-over-year gain, with growth spread across both the retail and wholesale channels. The wholesale segment set ...
Switzerland Advances Plan to Legalize Recreational Cannabis Under Government Regulation
LOS ANGELES- Switzerland is progressing toward the legalization of recreational cannabis through a framework emphasizing strict government oversight. On February 14, 2025, the National Council's Social Security and Public Health Committee (CSSS-N) approved a preliminary ...
What You Need to Know About Risk Management and Insurance in Cannabis
LOS ANGELES—Every CFO needs to know that the cannabis industry is fraught with unique risks that require specialized risk management strategies and comprehensive insurance coverage. As companies navigate this complex landscape, understanding these risks and ...
New Lawsuit Accuses CCELL of Price-Fixing & Monopoly Tactics
LOS ANGELES — February 14, 2025 A class action lawsuit has been filed against Smoore, the parent company of CCELL, and its U.S. distributors, accusing them of engaging in illegal price-fixing and monopolistic practices that ...
Global Cannabis Regulatory Summit to Convene in Washington, D.C.
LOS ANGELES- Artemis Growth Partners and Tenacious Labs have announced the inaugural Global Cannabis Regulatory Summit (GCRS), scheduled for March 25-27, 2025, at the United States Capitol Complex in Washington, D.C. This invite-only event aims ...
Ontario Cannabis Sales Reach CA$166 Million in January, Marking 6% Annual Growth
LOS ANGELES- Ontario's legal cannabis market commenced 2025 with robust performance, recording sales of CA$166.15 million in January. This figure represents a 6% increase compared to January 2024, indicating sustained consumer demand and market expansion. ...
Neurotech International Enters Development Agreement for Cannabinoid Therapies
LOS ANGELES- Neurotech International Limited, a clinical-stage biopharmaceutical company specializing in pediatric neurological disorders, has signed a development agreement with RH Pharma, a subsidiary of the European Cannabis Company (ECC). This collaboration aims to develop ...
North Carolina Voters Show Strong Support for Medical Cannabis Legalization
LOS ANGELES- A recent poll indicates that a significant majority of North Carolina voters favor the legalization of medical cannabis, with substantial backing across political affiliations. The survey reveals that 45% of respondents "strongly" support ...
Industry Collaboration Essential to Mitigate Cannabis Testing Lab Fraud
LOS ANGELES- The cannabis industry is confronting significant challenges related to fraudulent practices in testing laboratories, including the inflation of THC potency levels and the manipulation of safety results. These actions not only mislead consumers ...
HHS Secretary Robert F. Kennedy Jr. Advocates for Reevaluating Marijuana Incarceration Policies
LOS ANGELES- In a recent interview following his confirmation as the U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr. addressed the issue of marijuana-related incarcerations. He emphasized the need to balance concerns ...
Understanding Price Compression and Market Trends in Cannabis
LOS ANGELES—Every CFO needs to know that price compression is a pressing challenge in the cannabis industry, driven by increased competition, oversupply, and constantly shifting consumer demands and preferences. As prices decline, it becomes increasingly ...
Société québécoise du cannabis Reports C$40.5 Million in Third Quarter Income
LOS ANGELES- The Société québécoise du cannabis (SQDC), Quebec's government-operated cannabis retailer, announced a comprehensive income of C$40.5 million for the third quarter of its fiscal year ending January 4, 2025. This represents an increase ...
Idaho House Advances Bill Imposing $300 Minimum Fine for Cannabis Possession
LOS ANGELES- The Idaho House of Representatives has passed House Bill 7, which mandates a minimum fine of $300 for adults convicted of possessing three ounces or less of cannabis. Rep. Bruce Skaug (R-Nampa) introduced ...
Canada Invests Nearly $3 Million in Psilocybin-Assisted Psychotherapy Research
LOS ANGELES- The Government of Canada, through the Canadian Institutes of Health Research (CIHR), has committed nearly $3 million to fund three clinical trials investigating psilocybin-assisted psychotherapy as a treatment for various mental health and ...
Cybin Announces Third Quarter Fiscal Year 2025 Financial Results and Business Updates
LOS ANGELES- Cybin Inc., has released its unaudited financial results for the third quarter ending December 31, 2024, alongside recent business developments. Financial Highlights: Cash Position: As of December 31, 2024, Cybin reported cash holdings ...
Montana Lawmaker Proposes Consumer Registration and Surveillance for Cannabis Purchases
LOS ANGELES- A Republican lawmaker in Montana has introduced legislation that would require individuals aged 21 and older to register with the state Department of Revenue and pay a $200 annual fee to legally purchase ...
Senator Lankford Introduces Bill to Prevent Tax Deductions for Cannabis Businesses
LOS ANGELES- Senator James Lankford (R-OK) introduced the "No Deductions for Marijuana Businesses Act," aiming to prevent cannabis businesses from deducting business expenses on their federal taxes, even if cannabis is rescheduled under federal law. ...
What You Need to Know: Mergers, Acquisitions, and Consolidation
LOS ANGELES—Every CFO needs to know that navigating mergers, acquisitions, and consolidation in cannabis and psychedelics industries requires a deep understanding of business valuation complexities and strategic deal-making. Effective M&A strategies are crucial to driving ...
Atai Life Sciences Reports Positive Results from BPL-003 Phase 2a Study
LOS ANGELES- Atai Life Sciences has announced favorable outcomes from a Phase 2a open-label study evaluating BPL-003, an intranasal formulation of 5-MeO-DMT benzoate, in patients with moderate to severe alcohol use disorder (AUD). The study ...
TILT Holdings Divests Massachusetts Dispensaries for $2 Million
LOS ANGELES- TILT Holdings Inc., a cannabis business solutions provider, has entered into an agreement to divest two of its Massachusetts dispensaries to In Good Health, a private single-state cannabis operator, for $2 million in ...
Minnesota’s Cannabis Office Initiates Grant Program for Communities Affected by Prohibition
LOS ANGELES- The Minnesota Office of Cannabis Management (OCM) has introduced the CanRenew Community Restoration Grants, a program designed to support communities disproportionately impacted by past cannabis prohibition policies. In 2025, the program will allocate ...
The Future of Cannabis Under Trump’s 2025 Administration: A Tough Road Ahead?
WASHINGTON, D.C.–As the new Trump administration takes shape in 2025, the future of cannabis policy in the United States remains uncertain. While President Trump has occasionally expressed support for a state's rights approach to cannabis ...
Missouri Expunges More than 140,000 Cannabis Cases
ST LOUIS- Missouri courts have expunged more than 140,000 cannabis-related cases since voters approved a constitutional amendment in 2022 to legalize recreational cannabis. However, the total number of expungements is unlikely to grow significantly beyond ...
New Mexico House Bill 331 Proposes Mandatory Labor Peace Agreements for Cannabis Businesses
LOS ANGELES- New Mexico House Bill 331 was introduced, proposing that cannabis establishments with ten or more employees be required to enter into, maintain, and adhere to labor peace agreements with bona fide labor organizations. ...
Maine Governor Advocates for Enhanced Regulation of Medical Cannabis Program
LOS ANGELES- In her recent State of the Budget address, Governor Janet Mills characterized Maine's medical cannabis program as the "wild, wild west," advocating for increased regulation to ensure consumer safety. She proposed implementing mandatory ...
Germany’s Evolving Cannabis Landscape in 2025
LOS ANGELES- In 2025, Germany's cannabis sector is experiencing significant developments following the enactment of the Cannabis Act (Cannabisgesetz) on April 1, 2024. This legislation permits adults aged 18 and over to possess up to ...
